Nifty Futures returns 15% in last 3 years

The National Stock Exchange (NSE) Wednesday said the futures contracts on the Nifty has given about 12 percent returns since June 2000 and 15 percent in the last three years.

Mumbai: The National Stock Exchange (NSE) Wednesday said the futures contracts on the Nifty has given about 12 percent returns since June 2000 and 15 percent in the last three years.

The Nifty 50 Futures index, which will complete 15 years on June 12, has seen trading worth Rs 350 trillion of contracts from 1.4 billion contracts so far.

"Since its debut on the derivative trading platform, the Nifty Futures index has given about 12 percent returns, while as of today, for a shorter period of last 1,000 days it has given about 15 percent CAGR returns," the stock exchange said in a statement.

Nifty 50 futures are traded on the Singapore Stock Exchange, the Osaka Exchange and Chicago Mercantile Exchange.

"The Nifty-based products are now travelling to other global destinations. I am sure the Nifty will grow manifolds with the growth of the economy," managing director and chief executive Chitra Ramkrishna said.

The Nifty Futures had opened at 1,461 points on its debut day and has moved nearly 5.5 times in the past 15 years, the NSE said.

The index has seen the highest upward movement of about 17.7 percent on May 18, 2009, and a steepest drop of 12.24 percent on May 17, 2004.

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