5. Read the following statements carefully:
1.BSE Indices Limited launched a new index, ‘Nifty 500 Value 50’, on 24 October 2018.
2.The index will track the performance of select ‘value’ companies based on price multiples and dividend yield.
3.The index consists of 50 companies from its parent Nifty 500 index, selected based on their ‘value’ scores.
Which of the above statements is/are correct?