I was not aware of INDIAVIX index, so thanks for this new info dude.

But since this index is only for past 30 days, there is no way we can use this to make investment plans. For eg, just before the Covid crash the Vix index was below the average levels. So while understand what the Vix index is showing, I don't see the how this is useful.

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This index is just to keep our cool that things are normal. The longer the tenor, the volatility becomes negligible. For example, there is negligible volatility with regard to 10 year returns.

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