Index Overview
Nifty Alpha 50
Return Overview
1M
+0.84%
3M
+10.86%
6M
+15.13%
1Y
+10.99%
3Y
+16.15%
5Y
+12.70%
10Y
+19.46%
Max
+19.52%
Fundamentals
| Asset Type | Equity |
| Index Type | Strategy Index |
| No. of Companies | 50 Companies |
| Market Cap Focus | Multi / Flexi Cap |
| Std Deviation (1 yr) | 1.20% |
| P/E | 45.95 |
| P/B | 10.47 |
| Div Yield | 0.97% |
| Asset Type | Equity |
| Index Type | Strategy Index |
| No. of Companies | 50 |
| Market Cap Focus | Multi / Flexi Cap |
| P/E | 45.95 |
| P/B | 10.47 |
| Div Yield | 0.97% |
| Std Deviation (1 yr) | 1.20% |
Exchange Traded Funds (ETFs)
| Fund Name | ||||||||
|---|---|---|---|---|---|---|---|---|
| 54.27 | 853 | 0.25% | 0.01% | 5 | 0.04% | 0.30% | ||
| 56.43 | 7 | 0.45% | 0.02% | 0 | 0.04% | 0.51% |
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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 |
|---|---|---|---|---|---|---|---|---|
| 54.27 | 853 | 0.25% | 0.01% | 5 | 0.04% | 0.30% | ||
| 56.43 | 7 | 0.45% | 0.02% | 0 | 0.04% | 0.51% |
Index Funds
| Fund Name | ||||||
|---|---|---|---|---|---|---|
| N/A | 580 | 0.30% | 0.22% | 0.52% | ||
| N/A | 38 | 0.30% | 0.23% | 0.53% |
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| Fund Name | Last Close | AUM (Cr) | Avg Exp Ratio | Tracking Error | All-In-Cost | Score |
|---|---|---|---|---|---|---|
| N/A | 580 | 0.30% | 0.22% | 0.52% | ||
| N/A | 38 | 0.30% | 0.23% | 0.53% |
Sectoral Allocation
Total
100%
allocation
- Finance22.1%
- Bank19.0%
- Capital Goods15.1%
- Automobile & Ancillaries11.2%
- Non - Ferrous Metals8.1%
- Healthcare7.4%
- Chemicals3.9%
- Electricals2.6%
- Logistics2.1%
- Power1.8%
- Retailing1.8%
- IT1.2%
- Insurance1.0%
- Consumer Durables0.9%
- Alcohol0.8%
- Trading0.5%
- Iron & Steel0.3%
- Finance22.1%
- Bank19.0%
- Capital Goods15.1%
- Automobile & Ancillaries11.2%
- Non - Ferrous Metals8.1%
- Healthcare7.4%
- Chemicals3.9%
- Electricals2.6%
- Logistics2.1%
- Power1.8%
- Retailing1.8%
- IT1.2%
- Insurance1.0%
- Consumer Durables0.9%
- Alcohol0.8%
- Trading0.5%
- Iron & Steel0.3%
Index Constituents
| Name | Weight |
|---|
| GE Vernova T&D India Ltd. | 5.6% |
| Hitachi Energy India Ltd. | 4.5% |
| Hindustan Copper Ltd. | 4.0% |
| Multi Commodity Exchange Of India Ltd. | 3.5% |
| Laurus Labs Ltd. | 3.3% |
| Aditya Birla Capital Ltd. | 3.2% |
| RBL Bank Ltd. | 2.8% |
| L&T Finance Ltd. | 2.8% |
| Apar Industries Ltd. | 2.7% |
| Polycab India Ltd. | 2.6% |
| National Aluminium Company Ltd. | 2.5% |
| Cummins India Ltd. | 2.5% |
| Karur Vysya Bank Ltd. | 2.4% |
| BSE Ltd. | 2.3% |
| Canara Bank | 2.2% |
| Max Financial Services Ltd. | 2.2% |
| Bharat Forge Ltd. | 2.2% |
| Ashok Leyland Ltd. | 2.1% |
| Indian Bank | 2.1% |
| Delhivery Ltd. | 2.1% |
| AU Small Finance Bank Ltd. | 2.0% |
| Navin Fluorine International Ltd. | 2.0% |
| The Federal Bank Ltd. | 2.0% |
| Bharat Electronics Ltd. | 1.9% |
| Glenmark Pharmaceuticals Ltd. | 1.9% |
| Bank Of India | 1.9% |
| Solar Industries India Ltd. | 1.9% |
| Union Bank Of India | 1.8% |
| FSN E-Commerce Ventures Ltd. | 1.8% |
| Eicher Motors Ltd. | 1.7% |
| State Bank Of India | 1.7% |
| TVS Motor Company Ltd. | 1.7% |
| Shriram Finance Ltd. | 1.7% |
| Adani Power Ltd. | 1.5% |
| Fortis Healthcare Ltd. | 1.5% |
| Muthoot Finance Ltd. | 1.5% |
| IIFL Finance Ltd. | 1.4% |
| Poonawalla Fincorp Ltd. | 1.3% |
| One97 Communications Ltd. | 1.2% |
| Manappuram Finance Ltd. | 1.1% |
| HDFC Asset Management Company Ltd. | 1.1% |
| SBI Life Insurance Company Ltd. | 1.0% |
| Vedanta Ltd. | 1.0% |
| Amber Enterprises India Ltd. | 0.9% |
| Radico Khaitan Ltd. | 0.8% |
| Narayana Hrudayalaya Ltd. | 0.7% |
| Mahindra & Mahindra Ltd. | 0.5% |
| Maruti Suzuki India Ltd. | 0.5% |
| Redington Ltd. | 0.5% |
| Bharat Dynamics Ltd. | 0.4% |
| Vedanta Aluminium Metal Ltd. | 0.3% |
| Vedanta Iron And Steel Ltd. | 0.3% |
| Vedanta Oil and Gas Ltd. | 0.3% |
| Vedanta Power Ltd. | 0.3% |
NameWeight
GE Vernova T&D India Ltd.5.6%
Hitachi Energy India Ltd.4.5%
Hindustan Copper Ltd.4.0%
Multi Commodity Exchange Of India Ltd.3.5%
Laurus Labs Ltd.3.3%
Aditya Birla Capital Ltd.3.2%
RBL Bank Ltd.2.8%
L&T Finance Ltd.2.8%
Apar Industries Ltd.2.7%
Polycab India Ltd.2.6%
National Aluminium Company Ltd.2.5%
Cummins India Ltd.2.5%
Karur Vysya Bank Ltd.2.4%
BSE Ltd.2.3%
Canara Bank2.2%
Max Financial Services Ltd.2.2%
Bharat Forge Ltd.2.2%
Ashok Leyland Ltd.2.1%
Indian Bank2.1%
Delhivery Ltd.2.1%
AU Small Finance Bank Ltd.2.0%
Navin Fluorine International Ltd.2.0%
The Federal Bank Ltd.2.0%
Bharat Electronics Ltd.1.9%
Glenmark Pharmaceuticals Ltd.1.9%
Bank Of India1.9%
Solar Industries India Ltd.1.9%
Union Bank Of India1.8%
FSN E-Commerce Ventures Ltd.1.8%
Eicher Motors Ltd.1.7%
State Bank Of India1.7%
TVS Motor Company Ltd.1.7%
Shriram Finance Ltd.1.7%
Adani Power Ltd.1.5%
Fortis Healthcare Ltd.1.5%
Muthoot Finance Ltd.1.5%
IIFL Finance Ltd.1.4%
Poonawalla Fincorp Ltd.1.3%
One97 Communications Ltd.1.2%
Manappuram Finance Ltd.1.1%
HDFC Asset Management Company Ltd.1.1%
SBI Life Insurance Company Ltd.1.0%
Vedanta Ltd.1.0%
Amber Enterprises India Ltd.0.9%
Radico Khaitan Ltd.0.8%
Narayana Hrudayalaya Ltd.0.7%
Mahindra & Mahindra Ltd.0.5%
Maruti Suzuki India Ltd.0.5%
Redington Ltd.0.5%
Bharat Dynamics Ltd.0.4%
Vedanta Aluminium Metal Ltd.0.3%
Vedanta Iron And Steel Ltd.0.3%
Vedanta Oil and Gas Ltd.0.3%
Vedanta Power Ltd.0.3%
Holdings Concentration
Total covered: 100%
Top 1–5
5 holdings
20.9%
21%
share
Top 6–10
5 holdings
14.0%
14%
share
Top 11–20
10 holdings
22.7%
23%
share
Beyond 20
34 holdings
42.4%
42%
share
Market Cap Classification
Total
100%
allocation
- Mid Cap51.1%
- Large Cap26.8%
- Small Cap17.1%
- Mid Cap51.1%
- Large Cap26.8%
- Small Cap17.1%
Index Methodology
| Factor Basis | Others |
| What universe selected from? | Top 300 (by FF Mcap & Avg Daily Turnover of Last 6m) |
| Weightage? | Alpha based weighting. Wt of constituent = Alpha (stock)/ Cumulative Alpha of top 50 |
| Stocks Included | Top 50 stocks with the highest alpha over last 1 year (trailing) are selected. |
| Exclusions | Contituents moving out of the top 300 & part of the Nifty Alpha 50 are excluded; Constituents undergoing scheme of arrangement such as demerger, capital restructuring and having traded for <12m upto the ex-date; Constitutents having trading frequency of less than 100% over last 1 year; Constituents whose alpha turns negative |
| Factor Basis | Others |
| Universe | Top 300 (by FF Mcap & Avg Daily Turnover of Last 6m) |
| Weightage | Alpha based weighting. Wt of constituent = Alpha (stock)/ Cumulative Alpha of top 50 |
| Stocks Included | Top 50 stocks with the highest alpha over last 1 year (trailing) are selected. |
| Exclusions | Contituents moving out of the top 300 & part of the Nifty Alpha 50 are excluded; Constituents undergoing scheme of arrangement such as demerger, capital restructuring and having traded for <12m upto the ex-date; Constitutents having trading frequency of less than 100% over last 1 year; Constituents whose alpha turns negative |
Index • Last updated: 11/09/2026
Note: Above data is based on average of ETFs / Index Funds.