Index Overview
Nifty200 Alpha 30
Return Overview
1M
-0.59%
3M
+6.30%
6M
+8.67%
1Y
+6.03%
3Y
+15.42%
5Y
+13.60%
10Y
+17.77%
Max
+17.65%
Fundamentals
| Asset Type | Equity |
| Index Type | Strategy Index |
| No. of Companies | 30 Companies |
| Market Cap Focus | Multi / Flexi Cap |
| Std Deviation (1 yr) | 1.18% |
| P/E | 48.97 |
| P/B | 10.23 |
| Div Yield | 1.20% |
| Asset Type | Equity |
| Index Type | Strategy Index |
| No. of Companies | 30 |
| Market Cap Focus | Multi / Flexi Cap |
| P/E | 48.97 |
| P/B | 10.23 |
| Div Yield | 1.20% |
| Std Deviation (1 yr) | 1.18% |
Exchange Traded Funds (ETFs)
| Fund Name | ||||||||
|---|---|---|---|---|---|---|---|---|
| 26.57 | 420 | 0.38% | 0.01% | 1 | -0.18% | 0.39% |
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| Fund Name | Last Close | AUM (Cr) | Avg Exp Ratio | Tracking Error | 1M ADTO (Cr) | 1M Avg NAV Gap | All-In-Cost | Score |
|---|---|---|---|---|---|---|---|---|
| 26.57 | 420 | 0.38% | 0.01% | 1 | -0.18% | 0.39% |
Index Funds
| Fund Name | ||||||
|---|---|---|---|---|---|---|
| N/A | 199 | 0.39% | 0.21% | 0.60% |
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| Fund Name | Last Close | AUM (Cr) | Avg Exp Ratio | Tracking Error | All-In-Cost | Score |
|---|---|---|---|---|---|---|
| N/A | 199 | 0.39% | 0.21% | 0.60% |
Sectoral Allocation
Total
100%
allocation
- Finance25.8%
- Bank20.8%
- Automobile & Ancillaries15.4%
- Healthcare10.2%
- Capital Goods9.7%
- Non - Ferrous Metals6.3%
- Electricals4.0%
- Retailing2.6%
- Chemicals2.6%
- IT1.7%
- Iron & Steel0.5%
- Power0.5%
- Finance25.8%
- Bank20.8%
- Automobile & Ancillaries15.4%
- Healthcare10.2%
- Capital Goods9.7%
- Non - Ferrous Metals6.3%
- Electricals4.0%
- Retailing2.6%
- Chemicals2.6%
- IT1.7%
- Iron & Steel0.5%
- Power0.5%
Index Constituents
| Name | Weight |
|---|
| Hitachi Energy India Ltd. | 6.7% |
| Multi Commodity Exchange Of India Ltd. | 5.3% |
| Laurus Labs Ltd. | 5.2% |
| Aditya Birla Capital Ltd. | 5.0% |
| L&T Finance Ltd. | 4.3% |
| Polycab India Ltd. | 4.0% |
| National Aluminium Company Ltd. | 3.9% |
| Cummins India Ltd. | 3.7% |
| Canara Bank | 3.4% |
| Max Financial Services Ltd. | 3.4% |
| BSE Ltd. | 3.3% |
| Ashok Leyland Ltd. | 3.3% |
| Bharat Forge Ltd. | 3.3% |
| Indian Bank | 3.3% |
| AU Small Finance Bank Ltd. | 3.0% |
| Bharat Electronics Ltd. | 2.9% |
| The Federal Bank Ltd. | 2.9% |
| Glenmark Pharmaceuticals Ltd. | 2.9% |
| Bank Of India | 2.9% |
| Union Bank Of India | 2.7% |
| FSN E-Commerce Ventures Ltd. | 2.6% |
| Solar Industries India Ltd. | 2.6% |
| Eicher Motors Ltd. | 2.5% |
| State Bank Of India | 2.5% |
| TVS Motor Company Ltd. | 2.5% |
| Shriram Finance Ltd. | 2.4% |
| Fortis Healthcare Ltd. | 2.1% |
| Muthoot Finance Ltd. | 2.1% |
| One97 Communications Ltd. | 1.7% |
| Vedanta Ltd. | 1.4% |
| Vedanta Aluminium Metal Ltd. | 0.5% |
| Vedanta Iron And Steel Ltd. | 0.5% |
| Vedanta Oil and Gas Ltd. | 0.5% |
| Vedanta Power Ltd. | 0.5% |
NameWeight
Hitachi Energy India Ltd.6.7%
Multi Commodity Exchange Of India Ltd.5.3%
Laurus Labs Ltd.5.2%
Aditya Birla Capital Ltd.5.0%
L&T Finance Ltd.4.3%
Polycab India Ltd.4.0%
National Aluminium Company Ltd.3.9%
Cummins India Ltd.3.7%
Canara Bank3.4%
Max Financial Services Ltd.3.4%
BSE Ltd.3.3%
Ashok Leyland Ltd.3.3%
Bharat Forge Ltd.3.3%
Indian Bank3.3%
AU Small Finance Bank Ltd.3.0%
Bharat Electronics Ltd.2.9%
The Federal Bank Ltd.2.9%
Glenmark Pharmaceuticals Ltd.2.9%
Bank Of India2.9%
Union Bank Of India2.7%
FSN E-Commerce Ventures Ltd.2.6%
Solar Industries India Ltd.2.6%
Eicher Motors Ltd.2.5%
State Bank Of India2.5%
TVS Motor Company Ltd.2.5%
Shriram Finance Ltd.2.4%
Fortis Healthcare Ltd.2.1%
Muthoot Finance Ltd.2.1%
One97 Communications Ltd.1.7%
Vedanta Ltd.1.4%
Vedanta Aluminium Metal Ltd.0.5%
Vedanta Iron And Steel Ltd.0.5%
Vedanta Oil and Gas Ltd.0.5%
Vedanta Power Ltd.0.5%
Holdings Concentration
Total covered: 100%
Top 1–5
5 holdings
26.5%
26%
share
Top 6–10
5 holdings
18.4%
18%
share
Top 11–20
10 holdings
30.6%
31%
share
Beyond 20
14 holdings
24.6%
25%
share
Market Cap Classification
Total
100%
allocation
- Mid Cap59.7%
- Large Cap32.9%
- Mid Cap59.7%
- Large Cap32.9%
Index Methodology
| Factor Basis | Others |
| What universe selected from? | Nifty 200 |
| Weightage? | Alpha based weighting. Wt of stock = Alpha Score * FF Market Cap; Max Weight = 5% |
| Stocks Included | Top 30 stocks from the Nifty 200 based on their Jensen's Alpha (based on 1-year trailing prices) are selected. Steps: [A] Jensen's Alpha = R(s) - [Rf + Beta*(Rm-Rf)]; R(s) - return of stock, Rm - return of market, Rf - risk free rate, Beta - Beta of the stock. - Computed using 1-year traliling prices. [B] Alpha Score = (1+ Z score) if Z score >0 (1- Z score)^-1 if Z score < 0; [C] Z-Score = (x- Mean)/Std Deviation; x- jensen alpha of the stock, mean - mean Jensen's Alpha of the entire universe, std deviation - std dev of the Jensen's alpha of the entire universe |
| Exclusions | Constituents moving out of the Nifty 200 and currently part of the Nifty 200 Alpha 30 are excluded; Rank of stocks goes below 75; |
| Factor Basis | Others |
| Universe | Nifty 200 |
| Weightage | Alpha based weighting. Wt of stock = Alpha Score * FF Market Cap; Max Weight = 5% |
| Stocks Included | Top 30 stocks from the Nifty 200 based on their Jensen's Alpha (based on 1-year trailing prices) are selected. Steps: [A] Jensen's Alpha = R(s) - [Rf + Beta*(Rm-Rf)]; R(s) - return of stock, Rm - return of market, Rf - risk free rate, Beta - Beta of the stock. - Computed using 1-year traliling prices. [B] Alpha Score = (1+ Z score) if Z score >0 (1- Z score)^-1 if Z score < 0; [C] Z-Score = (x- Mean)/Std Deviation; x- jensen alpha of the stock, mean - mean Jensen's Alpha of the entire universe, std deviation - std dev of the Jensen's alpha of the entire universe |
| Exclusions | Constituents moving out of the Nifty 200 and currently part of the Nifty 200 Alpha 30 are excluded; Rank of stocks goes below 75; |
Index • Last updated: 11/09/2026
Note: Above data is based on average of ETFs / Index Funds.