This decides exclusion & inclusion in index: Investable Weight Factor
Thursday, May 11, 2017, 3:16 PM
For an easy understanding, shares of the company should have easy access for day to day trading and should be locked with the promoters of the company. IWF= No. of Outstanding Shares-No. of shares held by parties with strategies interest in the stock/ No of outstanding shares. For an inclusion decision, a minimum IWF of 10% is mandatory.