Download as pdf or txt
Download as pdf or txt
You are on page 1of 2

February 26, 2021

The NIFTY100 Equal Weight Index comprises of same constituents as NIFTY 100 Index (free float market capitalization based
Index). The NIFTY 100 tracks the behaviour of combined portfolio of two indices viz. NIFTY 50 and NIFTY Next 50.

Each constituent in NIFTY100 Equal Weight Index is allocated fixed equal weight at each re-balancing.

NIFTY100 Equal Weight Index can be used for a variety of purposes such as benchmarking fund portfolios, launching of index funds,
ETFs and structured products.

Index Variant: NIFTY100 Equal Weight Total Returns Index.

Portfolio Characteristics
Methodology Equal Weighted Index Since
QTD YTD 1 Year 5 Years
Returns (%) Inception
No. of Constituents 100
Price Return 7.93 7.93 37.80 13.83 16.79
Launch Date June 10, 2013 Total Return 8.14 8.14 39.55 15.47 18.76
Base Date January 01, 2003
Since
Base Value 1000 Statistics ## 1 Year 5 Years
Inception
Calculation Frequency Online Daily Std. Deviation * 28.19 17.94 22.49
Index Rebalancing Semi - Annually Beta (NIFTY 50) 0.84 0.91 0.93
Correlation (NIFTY 50) 0.95 0.93 0.94
Sector Representation
Sector Weight(%) Fundamentals
FINANCIAL SERVICES 23.77 P/E P/B Dividend Yield
CONSUMER GOODS 15.38 33.84 3.32 1.35
PHARMA 9.23
AUTOMOBILE 8.82 Top constituents by weightage
OIL & GAS 8.11
Company’s Name Weight(%)
IT 7.35
METALS 6.52 Tata Motors Ltd. 1.68
CEMENT & CEMENT PRODUCTS 5.34 Adani Transmission Ltd. 1.60
POWER 4.64 State Bank of India 1.34
SERVICES 3.49 Hindalco Industries Ltd. 1.31
CONSTRUCTION 2.27
Container Corporation of India Ltd. 1.30
TELECOM 1.97
FERTILISERS & PESTICIDES 1.14 Adani Ports and Special Economic Zone Ltd. 1.29
INDUSTRIAL MANUFACTURING 1.09 Bank of Baroda 1.28
CHEMICALS 0.89 Motherson Sumi Systems Ltd. 1.27
General Insurance Corporation of India 1.22
Grasim Industries Ltd. 1.22

## Based on Price Return Index.


# QTD,YTD and 1 year returns are absolute returns.Returns for greater than one year are CAGR returns.
* Average daily standard deviation annualised.
Disclaimer: All information contained herewith is provided for reference purpose only. NSE Indices Limited (formerly known as India Index Services & Products Limited-IISL) ensures accuracy
and reliability of the above information to the best of its endeavors. However, NSE Indices Limited makes no warranty or representation as to the accuracy, completeness or reliability of any of
the information contained herein and disclaim any and all liability whatsoever to any person for any damage or loss of any nature arising from or as a result of reliance on any of the information 1
provided herein. The information contained in this
February 26, 2021

Index Methodology
Eligibility Criteria for Selection of Constituent Stocks:
The index being version of NIFTY 100, the selection criteria remains same as the NIFTY 100 index. NIFTY 100 index would
comprise of the securities which are constituents of NIFTY 50 and NIFTY Next 50. In other words, this index is a combination of the
NIFTY 50 and NIFTY Next 50. Any changes i.e. inclusion and exclusion of securities in NIFTY 50 and NIFTY Next 50 would be
automatically mirrored in this index.

Index Re-Balancing:
The NIFTY100 Equal Weight Index is re-balanced on semi-annual basis in conjunction with re-balance of NIFTY 100 Index. The cut-
off date is January 31 and July 31 of each year, i.e. For semi-annual review of indices, average data for six months ending the cut-off
date is considered.
Weights of index constituents are rebalanced on quarterly basis for NIFTY100 Equal Weight Index. The weights are re-adjusted to 1%
on quarterly basis as well as at the time of index constituent replacements.
Quarterly re-balancing of the index shall be undertaken effective first trading day of January, April, July & October of each year.

Index Governance:
A professional team manages all NSE indices. There is a three-tier governance structure comprising the Board of Directors of NSE
Indices Limited, the Index Advisory Committee (Equity) and the Index Maintenance Sub-Committee.

Key Indices
Broad Market Sectoral Indices Thematic Indices Strategy Indices Fixed Income
NIFTY 50 NIFTY Bank NIFTY CPSE NIFTY100 Equal Weight NIFTY 10 yr Benchmark G-Sec
NIFTY Next 50 NIFTY IT NIFTY Commodities NIFTY50 PR 1x Inverse NIFTY 8-13 yr G-Sec
NIFTY 100 NIFTY PSU Bank NIFTY Energy NIFTY50 PR 2x Leverage NIFTY 4-8 yr G-Sec
NIFTY 200 NIFTY FMCG NIFTY Shariah 25 NIFTY50 Value 20 NIFTY 11-15 yr G-Sec
NIFTY 500 NIFTY Private Bank NIFTY 100 Liquid15 NIFTY100 Quality 30 NIFTY 15 yr and above G-Sec
NIFTY Midcap 50 NIFTY Metal NIFTY Infrastructure NIFTY Low Volatility 50 NIFTY Composite G-Sec
NIFTY Midcap 100 NIFTY Financial Services NIFTY Corporate Group NIFTY Alpha 50 NIFTY 1D Rate

Contact Us:
Email: indices@nse.co.in | Tel: +91 22 26598386 | Fax: +91 22 26598120
Learn more at: www.niftyindices.com
2

You might also like