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    Factsheet NIFTY50 Equal Weight

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    ashwin_gajghate
    The Nifty50 Equal Weight Index represents an alternative weighing scheme to the market capitalization weighted Nifty 50 Index, where each of the 50 constituents is assigned equal weight. The index is rebalanced semi-annually to maintain equal weighting and is calculated in real-time. Key characteristics include equal weighting of constituents, a base date of November 3, 1995, and semi-annual rebalancing to redistribute weights evenly.

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    Factsheet NIFTY50 Equal Weight

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    ashwin_gajghate
    11 views2 pages
    The Nifty50 Equal Weight Index represents an alternative weighing scheme to the market capitalization weighted Nifty 50 Index, where each of the 50 constituents is assigned equal weight. The index is rebalanced semi-annually to maintain equal weighting and is calculated in real-time. Key characteristics include equal weighting of constituents, a base date of November 3, 1995, and semi-annual rebalancing to redistribute weights evenly.

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    Factsheet

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    Factsheet_NIFTY50_Equal_Weight

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    The Nifty50 Equal Weight Index represents an alternative weighing scheme to the market capitalization weighted Nifty 50 Index, where each of the 50 constituents is assigned equal weight. The index is rebalanced semi-annually to maintain equal weighting and is calculated in real-time. Key characteristics include equal weighting of constituents, a base date of November 3, 1995, and semi-annual rebalancing to redistribute weights evenly.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    11 views2 pages

    Factsheet NIFTY50 Equal Weight

    Uploaded by

    ashwin_gajghate
    The Nifty50 Equal Weight Index represents an alternative weighing scheme to the market capitalization weighted Nifty 50 Index, where each of the 50 constituents is assigned equal weight. The index is rebalanced semi-annually to maintain equal weighting and is calculated in real-time. Key characteristics include equal weighting of constituents, a base date of November 3, 1995, and semi-annual rebalancing to redistribute weights evenly.

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    © All Rights Reserved
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    October 31, 2023

    The Nifty50 Equal Weight Index represents an alternative weighing scheme to its market capitalization weighted parent index, the
    Nifty 50 Index. The index includes the same constituents as its parent, however, weighted equally.

    Nifty50 Equal Weight Index can be used for a variety of purposes such as benchmarking, launching of index funds, ETFs and
    structured products.

    Index Variant: Nifty50 Equal Weight Total Returns Index.

    Portfolio Characteristics
    Methodology Equal Weighted Index Since
    QTD YTD 1 Year 5 Years
    No. of Constituents 50 Returns (%) Inception
    Launch Date April 13, 2017 Price Return -2.37 11.61 11.96 14.57 11.85
    Base Date November 03, 1995 Total Return -2.32 12.56 12.98 16.31 13.94

    Base Value 1000 Since


    Calculation Frequency Real-Time Statistics ## 1 Year 5 Years
    Inception
    Index Rebalancing Semi - Annually Std. Deviation * 9.69 18.87 22.55
    Sector Representation Beta (NIFTY 50) 0.90 0.94 0.94

    Sector Weight(%) Correlation (NIFTY 50) 0.93 0.96 0.96

    Financial Services 20.13


    Fundamentals
    Automobile and Auto Components 12.16
    P/E P/B Dividend Yield
    Information Technology 11.57
    18.54 3.14 1.56
    Fast Moving Consumer Goods 10.24
    Healthcare 9.92
    Top constituents by weightage
    Oil, Gas & Consumable Fuels 8.32
    Metals & Mining 7.74 Company’s Name Weight(%)
    Power 4.10
    Construction Materials 4.08 Coal India Ltd. 2.25
    Consumer Durables 3.87 SBI Life Insurance Company Ltd. 2.18
    Construction 2.06 Nestle India Ltd. 2.16
    Telecommunication 2.05 Bajaj Auto Ltd. 2.15
    Services 1.96 Cipla Ltd. 2.12
    Chemicals 1.80
    UltraTech Cement Ltd. 2.10
    Power Grid Corporation of India Ltd. 2.09
    Hero MotoCorp Ltd. 2.09
    Tata Motors Ltd. 2.08
    IndusInd Bank Ltd. 2.08

    ## 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 provided herein. The information contained in this document is not intended to provide any
    professional advice. 1
    October 31, 2023

    Index Methodology
    The Nifty50 Equal Weight Index aims to measure the performance of constituents forming part of the parent index, the Nifty 50 Index,
    where each company in the index shall be assigned equal weights at the time of review.

    • The index has a base date of November 03, 1995 and a base value of 1000
    • All constituents forming part of the Nifty 50 shall form part of the index
    • Equal weight shall be assigned to all the companies in the index
    • In case there are multiple securities (e.g. DVR) of the same company in the index, the company will be equal weighted and the
    securities of such company will be weighted in proportion to free float market capitalization.
    • Index shall be rebalanced quarterly where weights are rebalanced back to equal
    • Index shall be reconstituted semi-annually along with Nifty 50
    • Additionally, during the year, ad-hoc rebalancing and reconstitution of index may be initiated in case any of the index constituents
    ceases to form part of the parent index due to suspension, delisting or scheme of arrangement.

    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

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