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README.md
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license: cc-by-nc-4.0
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---
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license: cc-by-nc-4.0
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task_categories:
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- question-answering
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language:
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- en
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tags:
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- finance
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- indian-finance
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- benchmark
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- financial-qa
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- llm-evaluation
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pretty_name: IndFin-Bench
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size_categories:
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- n<1K
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---
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# IndFin-Bench: A Benchmark Grounded in Indian Financial Filings
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**IndFin-Bench** is a benchmark of 100 hand-curated questions sourced from the corporate filings of Indian listed companies. It is designed to evaluate how accurately LLMs can retrieve and reason over India-specific financial data.
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Existing financial benchmarks like [FinBen](https://github.com/The-FinAI/PIXIU) and [FinQA](https://github.com/czyssrs/FinQA) are built on US market data — SEC filings, 10-K reports, and earnings calls from American corporations. **IndFin-Bench fills this gap for the Indian market**, covering the Ind AS accounting landscape, SEBI disclosure formats, and cross-company reasoning over BSE/NSE-listed equities.
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---
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## Dataset Summary
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|---|---|
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| **Questions** | 100 |
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| **Companies** | 100+ Indian listed firms |
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| **Coverage** | FY23 - FY26 |
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| **Source** | Annual reports, quarterly filings, investor presentations, BSE/NSE disclosures |
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| **License** | CC-BY-NC 4.0 (with additional restrictions; see below) |
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---
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## Schema
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| Field | Description |
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|---|---|
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| `Question_Num` | Unique identifier for the question |
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| `Question` | Natural-language financial query grounded in official filings |
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| `Complexity_Category` | 4-tier taxonomy from single-company single-fact to multi-company multi-fact |
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| `Atomic_Fact` | Verified ground truth answer, sourced directly from official filings |
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---
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## Complexity Levels
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| Category | Questions | What it tests |
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|---|---|---|
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| Single-Company, Single Fact | 38 | Retrieve one specific figure from one company's filing |
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| Single-Company, Multiple Facts | 33 | Retrieve and synthesise multiple data points from a single company |
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| Multi-Company, Multiple Facts | 20 | Compare or derive metrics across multiple companies |
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| Multi-Company, Single Fact | 9 | Retrieve comparable figures across companies and perform comparison |
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---
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## Usage
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```python
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from datasets import load_dataset
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ds = load_dataset("CompoundingAI/IndFin-Bench")
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```
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---
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## Ground Truth
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Each question has a corresponding **Atomic Fact** — a precise, minimal statement of the correct answer derived directly from official company filings. Every atomic fact has been manually verified against primary filings.
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## Intended Use & Restrictions
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This dataset is released under the **Creative Commons Attribution-NonCommercial 4.0 (CC BY-NC 4.0)** license.
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**IndFin-Bench is strictly intended for evaluation and benchmarking of language models on Indian financial data.**
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Typical allowed use cases include:
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- Evaluating LLM performance on financial question answering
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- Benchmarking retrieval-augmented generation (RAG) systems
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- Comparing model accuracy across different complexity tiers
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**Use of this dataset implies agreement with the following restrictions:**
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- The dataset **must not be used for training, fine-tuning, or improving** any machine learning or AI models.
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- This includes (but is not limited to):
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- Supervised training
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- Fine-tuning or instruction tuning
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- Reinforcement learning (RL / RLHF)
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- Retrieval-augmented training pipelines
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- Synthetic data generation derived from this dataset
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- The dataset must be used **only for evaluation purposes and not as a training corpus**.
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---
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## Citation
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If you use IndFin-Bench in your work, please cite:
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```
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@dataset{compoundingai2026indfinbench,
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title={IndFin-Bench: A Pioneering Benchmark Grounded in Indian Financial Filings},
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author={CompoundingAI},
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year={2026},
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url={https://huggingface.co/datasets/CompoundingAI/IndFin-Bench},
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license={CC-BY-NC-4.0}
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}
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```
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## Links
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- [Blog Post](https://compoundingai.in/blog/indfin-bench)
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- [CompoundingAI](https://compoundingai.in)
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