The index value of a smallcase indicates the absolute price returns of that particular smallcase from the date of its inception. So, the index value on the inception date of the smallcase would be 100. The current index value shows by how much it has gone up since then.
By hovering over the index value you can view the daily percentage increase or decrease.
How often are index values updated?
For the smallcases in our discover section (the ones you haven't bought), the index values are updated on an hourly basis
To maintain accuracy, the index values of the smallcases in your investments (the ones you have bought), are updated on a real time basis