Index Overview

Nifty Metal

Return Overview

1M
+0.59%
3M
+2.45%
6M
+12.10%
1Y
+36.33%
3Y
+24.00%
5Y
+18.21%
10Y
+17.70%
Max
+17.68%

Fundamentals

Asset TypeEquity
Index TypeSectoral Index
No. of Companies15
Market Cap FocusMulti / Flexi Cap
P/E22.25
P/B3.33
Div Yield1.68%
Std Deviation (1 yr)1.29%

Exchange Traded Funds (ETFs)

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Fund NameLast CloseAUM (Cr)Avg Exp RatioTracking Error1M ADTO (Cr)1M Avg NAV GapAll-In-CostScore
13.341,0150.34%0.03%12-0.12%0.37%
13.395220.31%0.03%3-0.10%0.34%
12.70410.40%0.02%1-0.32%0.42%

Index Funds

No index funds available for this index

Sectoral Allocation

Total
100%
allocation
  • Iron & Steel50.1%
  • Non - Ferrous Metals36.0%
  • Trading8.7%
  • Mining3.2%
  • Power2.1%

Index Constituents

NameWeight
Tata Steel Ltd.17.8%
Hindalco Industries Ltd.16.9%
JSW Steel Ltd.12.4%
Adani Enterprises Ltd.8.7%
Vedanta Ltd.6.2%
Jindal Steel Ltd.4.6%
National Aluminium Company Ltd.4.0%
APL Apollo Tubes Ltd.3.5%
NMDC Ltd.3.2%
Steel Authority Of India Ltd.3.1%
Hindustan Zinc Ltd.2.9%
Lloyds Metals & Energy Ltd.2.4%
Jindal Stainless Ltd.2.3%
Vedanta Aluminium Metal Ltd.2.1%
Vedanta Iron And Steel Ltd.2.1%
Vedanta Oil and Gas Ltd.2.1%
Vedanta Power Ltd.2.1%
Welspun Corp Ltd.1.9%
Hindustan Copper Ltd.1.8%

Holdings Concentration

Total covered: 100%
Top 1–5
5 holdings
62.2%
62%
share
Top 6–10
5 holdings
18.3%
18%
share
Top 11–20
9 holdings
19.5%
20%
share

Market Cap Classification

Total
100%
allocation
  • Large Cap65.0%
  • Mid Cap22.9%
  • Small Cap3.7%

Index Methodology

Factor BasisSector/Theme
UniverseNifty 500 AND Part of Metals & Mining Sector
WeightageFree-Float Market Cap Weighting; Max weight per stock = 33% ; Top 3<=62%
Stocks IncludedMax 15 stocks. Top 15 stocks in metals sector (including mining) based on free float market capitlzation ( 6-month average) are included in the index.
ExclusionsConstituents moving out of the Nifty 500 and currently part of the Nifty Metal Index are excluded.; Constituent whose trading frequency is <90% over the last 6 months;

Index • Last updated: 11/09/2026

Note: Above data is based on average of ETFs / Index Funds.