Nifty 50 Companies List

Check MoneyWorks4Me's ratings on Quality, Valuation and Price Trend to make informed investing decisions on Top Nifty 50 companies. Decizen:- Q: Quality, V: Valuation, PT: Price Trend

Nifty 50 companies as on 16-Jun-2024 |
 5 Star Rated Stocks Undervalued Stocks Fair Valued Stocks Uptrend Stocks


Company Name


LTP


Price
Change


Market
Cap (Cr)


52Week
High


52Week
Low


ROE


P/E


P/BV


EV/
EBITDA


5Y Sales
Gr.(%)


5Y Profit
Gr.(%)
DeciZen
More Info
1
4,926 2.60% 1,35,145 4,943
14 Jun, 24
3,159
10 Jul, 23
20.78 33.78 7.49 25.04 10.01 5.56
Q V PT
2
2,927 2.20% 3,63,981 2,945
14 Jun, 24
1,366
15 Jun, 23
15.08 33.96 6.96 21.10 11.78 8.39
Q V+ PT
3
1,430 1.86% 3,08,965 1,608
03 Jun, 24
702.9
23 Jun, 23
16.89 38.09 5.84 19.96 19.58 12.76
Q V PT
4
3,534 1.79% 3,13,175 3,885
30 Jan, 24
2,883
07 Aug, 23
31.38 88.37 21.66 57.50 19.63 23.28
Q V+ PT
5
2,732 1.76% 1,02,701 2,748
14 Jun, 24
1,390
16 Jun, 23
17.32 13.94 2.10 7.35 17.74 7.96
Q V PT
6
(L)
1,566 1.43% 1,26,401 1,571
14 Jun, 24
980.0
15 Jun, 23
11.92 30.67 4.73 17.87 8.47 14.67
Q V+ PT
7
1,466 1.31% 1,47,123 1,572
29 Feb, 24
1,232
15 Jun, 23
0.00 77.69 10.08 69.17 0.00 8.37
Q V PT
8
626.8 1.24% 1,35,958 687.6
16 Feb, 24
331.5
26 Oct, 23
7.29 5.10 1.82 3.23 14.88 -15.32
Q V PT
9
3,264 1.23% 3,72,039 3,743
03 Jun, 24
2,142
20 Nov, 23
19.11 130.86 22.36 82.33 15.55 30.15
Q V+ PT
10
1,597 1.05% 12,14,965 1,758
03 Jul, 23
1,363
14 Feb, 24
17.24 18.97 2.68 13.33 16.73 18.25
Q V+ PT
11
2,955 0.88% 19,99,116 3,030
03 Jun, 24
2,221
26 Oct, 23
9.05 28.71 2.52 12.49 17.52 12.97
Q V PT
12
993.4 0.78% 3,30,204 1,066
05 Mar, 24
557.5
23 Jun, 23
51.00 10.52 3.90 5.85 7.72 0.00
Q V PT
13
598.0 0.76% 1,28,637 710.6
12 Dec, 23
511.1
04 Jun, 24
9.60 81.72 9.05 131.00 0.00 2.98
Q V+ PT
14
11,264 0.73% 3,24,464 11,276
13 Jun, 24
7,941
16 Aug, 23
9.48 46.32 5.39 24.58 15.34 14.84
Q V+ PT
15
7,341 0.67% 4,55,104 8,190
06 Oct, 23
6,190
06 Mar, 24
23.70 31.49 5.93 14.37 26.49 34.41
Q V PT
16
1,182 0.65% 3,64,752 1,242
03 Jun, 24
921.0
28 Aug, 23
7.98 14.67 2.43 13.06 18.19 96.23
Q V PT
17
2,470 0.51% 1,68,095 2,535
18 May, 24
1,691
26 Jun, 23
8.90 29.89 1.90 10.49 16.03 20.30
Q V PT
18
919.7 0.46% 2,24,908 929.8
22 May, 24
723.1
01 Nov, 23
9.53 27.97 2.99 11.64 14.65 4.25
Q V PT
19
2,920 0.42% 2,80,105 3,567
24 Jul, 23
2,671
10 May, 24
31.48 51.30 14.99 33.86 13.02 20.45
Q V PT
20
1,515 0.34% 3,63,691 1,639
05 Apr, 24
977.5
23 Jun, 23
16.92 37.98 5.71 24.76 10.69 26.54
Q V PT
21
183.1 0.30% 2,28,510 184.2
13 Jun, 24
108.2
26 Jun, 23
12.80 47.53 1.66 7.98 16.69 30.08
Q V PT
22
5,397 0.29% 1,29,900 5,726
05 Jun, 24
4,350
01 Nov, 23
67.49 60.71 32.96 38.86 10.46 15.39
Q V+ PT
23
682.4 0.26% 1,53,575 714.9
03 Jun, 24
407.3
23 Jun, 23
12.30 15.12 1.45 7.63 14.15 16.94
Q V PT
24
1,429 0.24% 8,68,523 1,450
13 Jun, 24
821.0
16 Jun, 23
11.58 116.31 10.38 12.59 10.98 30.26
Q V+ PT
25
9,943 0.21% 2,78,038 9,991
14 Jun, 24
4,544
14 Aug, 23
20.01 36.07 9.60 27.35 7.65 7.47
Q V+ PT
26
(L)
431.1 0.19% 5,38,216 499.6
24 Jul, 23
399.3
12 Mar, 24
28.84 26.35 7.45 18.99 10.21 10.84
Q V PT
27
1,592 0.14% 2,54,252 1,742
15 Dec, 23
1,419
04 Jun, 24
28.46 31.21 4.21 8.69 20.09 19.33
Q V PT
28
321.8 0.12% 2,99,014 346.9
03 Jun, 24
177.6
14 Jul, 23
19.56 18.52 3.43 10.13 8.76 20.92
Q V PT
29
1,115 0.03% 1,05,970 1,270
07 Mar, 24
822.1
10 Jul, 23
8.54 92.12 6.61 42.09 15.96 15.58
Q V+ PT
30
487.4 -0.08% 2,99,971 527.2
03 Jun, 24
223.3
26 Jun, 23
56.13 8.02 3.63 4.93 10.13 32.25
Q V+ PT
31
6,200 -0.09% 89,224 6,871
22 Feb, 24
4,727
26 Oct, 23
16.78 88.30 11.57 45.94 -1.90 34.75
Q V+ PT
32
12,826 -0.12% 4,04,045 13,067
24 Apr, 24
9,257
16 Aug, 23
13.77 29.96 4.72 17.74 8.06 0.21
Q V PT
33
4,587 -0.14% 1,21,764 4,625
14 Jun, 24
3,300
06 Nov, 23
14.15 76.10 8.97 46.30 14.82 15.00
Q V PT
34
1,105 -0.20% 7,77,966 1,172
03 Jun, 24
898.9
26 Oct, 23
17.53 19.03 3.33 14.26 21.96 34.08
Q V PT
35
1,504 -0.22% 1,17,096 1,694
15 Jan, 24
1,262
23 Jun, 23
14.54 13.08 1.87 7.82 18.60 9.65
Q V PT
36
6,080 -0.24% 1,01,503 6,506
28 Feb, 24
4,690
15 Jun, 23
20.88 18.20 3.59 11.49 11.55 36.08
Q V PT
37
2,543 -0.32% 2,45,204 2,771
02 Jan, 24
2,145
18 Aug, 23
108.73 76.72 73.40 50.52 11.04 14.29
Q V+ PT
38
2,479 -0.33% 5,82,522 2,769
07 Jul, 23
2,170
16 Apr, 24
19.98 56.68 11.37 37.16 9.50 8.85
Q V PT
39
1,489 -0.38% 6,18,050 1,731
06 Feb, 24
1,262
26 Jun, 23
31.92 23.56 7.09 14.67 13.20 12.49
Q V PT
40
5,026 -0.38% 1,48,978 6,443
15 Jan, 24
4,518
04 Jun, 24
24.99 32.51 7.57 20.62 30.33 14.02
Q V PT
41
(L)
368.4 -0.42% 3,57,225 395.0
04 Jun, 24
183.5
22 Jun, 23
12.70 18.03 2.22 10.89 14.92 10.90
Q V PT
42
840.2 -0.44% 7,49,846 912.1
03 Jun, 24
543.1
26 Oct, 23
18.81 12.28 2.14 12.94 12.59 134.27
Q V+ PT
43
5,788 -0.47% 1,16,176 5,863
14 Jun, 24
2,746
20 Jun, 23
17.52 29.28 6.46 18.80 0.96 -4.35
Q V+ PT
44
3,687 -0.47% 5,06,872 3,949
03 Jun, 24
2,349
15 Jun, 23
12.83 54.48 7.88 34.06 8.94 9.91
Q V+ PT
45
275.2 -0.49% 3,46,209 292.9
03 May, 24
155.4
23 Jun, 23
18.58 8.54 1.13 4.15 11.21 18.71
Q V PT
46
1,717 -0.54% 3,41,331 1,987
21 Jul, 23
1,544
03 May, 24
14.12 24.77 3.53 17.60 17.72 20.68
Q V+ PT
47
1,431 -0.93% 3,88,271 1,697
23 Feb, 24
1,088
13 Jul, 23
23.06 24.73 5.69 14.42 14.94 12.92
Q V+ PT
48
(L)
477.4 -1.05% 2,49,651 546.1
19 Feb, 24
375.0
26 Oct, 23
15.43 22.60 3.35 13.09 10.68 8.96
Q V PT
49
3,832 -1.17% 13,86,433 4,254
18 Mar, 24
3,156
16 Jun, 23
51.07 30.20 15.36 19.98 10.46 9.50
Q V PT
50
1,371 -1.38% 1,33,986 1,416
23 Jan, 24
1,069
15 Jun, 23
16.71 56.83 5.01 24.12 11.61 9.01
Q V PT

Nifty 50 - Today's Top Gainers

Company Name CMP Price Change(%)
4,925.752.60%
2,9272.20%
1,430.301.86%
3,533.751.79%
2,732.051.76%

Nifty 50 - Today's Top Losers

Company Name CMP Price Change(%)
1,370.95-1.38%
3,831.95-1.17%
477.35-1.05%
1,430.80-0.93%
1,717-0.54%

News about Nifty 50 Stocks in India

How to pick best stocks in Nifty 50 for Best returns?

Nifty 50 Companies Weightage - 2024

The following table shows the latest weightage of Nifty 50 stocks and their respective sectors.

Sr.No. Company Name Sector Weightage
1 HDFC Bank Ltd. BFSI 11.61%
2 Reliance Industries Ltd. Oil & Gas 9.76%
3 ICICI Bank Ltd. BFSI 7.94%
4 Infosys Limited IT & ITES 5.06%
5 Larsen and Toubro Ltd. Construction & Infrastructure 4.37%
6 ITC Ltd. FMCG 3.81%
7 Tata Consultancy Services Ltd. IT & ITES 3.75%
8 Bharti Airtel Ltd. Telecom 3.6%
9 Axis Bank Ltd. BFSI 3.33%
10 State Bank of India BFSI 3.21%
11 Kotak Mahindra Bank Limited BFSI 2.49%
12 Mahindra & Mahindra Ltd. Automobiles 2.42%
13 Hindustan Unilever Ltd. FMCG 2.1%
14 Bajaj Finance Ltd. BFSI 1.88%
15 NTPC Limited Power 1.72%
16 Maruti Suzuki India Limited Automobiles 1.65%
17 Tata Motors Ltd. Automobiles 1.64%
18 Sun Pharmaceutical Industries Ltd. Healthcare 1.59%
19 Power Grid Corporation of India Ltd. Power 1.42%
20 HCL Technologies Ltd. IT & ITES 1.41%
21 Tata Steel Ltd. Metals & Mining 1.39%
22 Titan Company Ltd. Consumer Durables 1.36%
23 Asian Paints Limited Chemicals & Fertilizers 1.31%
24 UltraTech Cement Limited Construction & Infrastructure 1.15%
25 Coal India Ltd. Metals & Mining 1.13%
26 Adani Ports & Special Economic Zone Transportation & Logistics 1.06%
27 Bajaj Auto Limited Automobiles 1.04%
28 Oil & Natural Gas Corporation Ltd. Oil & Gas 1.04%
29 Hindalco Industries Ltd. Metals & Mining 1.02%
30 Indusind Bank Ltd. BFSI 0.97%
31 ADANI ENTERPRISES LIMTIED Miscellaneous 0.9%
32 Grasim Industries Ltd. Diversified 0.86%
33 JSW Steel Ltd. Metals & Mining 0.85%
34 Nestle India Ltd. FMCG 0.85%
35 Bajaj Finserv Ltd. BFSI 0.84%
36 Tech Mahindra Ltd. IT & ITES 0.79%
37 Cipla Ltd. Healthcare 0.77%
38 Dr Reddys Laboratories Ltd. Healthcare 0.71%
39 Hero MotoCorp Ltd. Automobiles 0.67%
40 Tata Consumer Products Limited Agriculture & Allied activities 0.67%
41 Shriram Finance Ltd. BFSI 0.66%
42 Eicher Motors Ltd. Automobiles 0.65%
43 SBI Life Insurance Company Ltd. BFSI 0.63%
44 Britannia Industries Ltd. FMCG 0.62%
45 Wipro Ltd. IT & ITES 0.62%
46 Bharat Petroleum Corporation Ltd. Oil & Gas 0.6%
47 Apollo Hospitals Enterprise Ltd. Healthcare 0.59%
48 HDFC Life Insurance Company Limited BFSI 0.58%
49 Divis Laboratories Ltd. Healthcare 0.55%
50 LTIMindtree Limited IT & ITES 0.44%

All Indices


Nifty 50 FAQs

Nifty 50 index is a well-diversified index of 50 companies from 14 sectors of the economy. These stocks are considered to be the barometers of the economy and are market leaders in their own sectors. Nifty 50 is also known as nifty.

The Nifty 50 Index is managed by the National Stock Exchange of India (NSE) and represents the performance of the 50 largest and most liquid companies on the NSE. It is a key benchmark for the Indian stock market, widely used for investment and portfolio analysis.

Nifty 50 can be used for a variety of purposes such as benchmarking fund portfolios, launching of index funds, ETFs and structured products.

The selection of stocks for the Nifty 50 index on the National Stock Exchange of India (NSE) is based on specific criteria established by the NSE. Here's a simplified overview of the selection process:

  1. Market Capitalization: Stocks considered for inclusion must have a minimum market capitalization. This threshold can vary and is periodically reviewed. For inclusion in the Nifty, the float adjusted market capitalization of the particular company should be at least 1.5 times the average free-float market capitalization of the present smallest index component.
  2. Liquidity: Stocks must meet specific liquidity criteria, including average daily trading volumes and turnover ratios
  3. Sector Representation: The index aims to represent various sectors of the Indian economy, so stocks are selected from diverse industries.
  4. Free Float: The index is based on free-float market capitalization, which means that only the publicly tradable companies are considered for inclusion.
  5. Regular Review: The index is periodically reviewed and stocks may be added or removed based on changes in market conditions, market capitalization and liquidity.

The NSE's Index Maintenance Sub-Committee is responsible for implementing these criteria and managing changes to the Nifty 50 index's constituents. The objective is to ensure that the index accurately reflects the performance of the largest and most liquid companies in the Indian stock market.

Nifty is computed using the free float adjustment methodology. The initial index value is set to a specific base value (e.g., 1,000) for ease of reference.

Market capitalization = Share Price x Number of shares.

Free Float Market Capitalization = Share Price x Shares Outstanding * IWF.

Index Value = Current Market Value / Base Index Value.

*IWF or Investible Weight factor = (Shares Outstanding – Locked-in Shares)/ Shares Outstanding.

Base Index Value = Base Market Capital * 1000.

Base Market capital = The average market price of a group of securities at a specific time. Used for the purpose of indexing.

The index value is computed on a real-time basis every day.

You can invest in the Nifty 50 in many ways and your choice will depend on your investment preferences and goals. Here are some common methods:

  • Direct Investment in Nifty 50 Stocks: You can buy individual stocks of the companies that are part of the Nifty 50 index through a brokerage account. This allows you to have direct ownership of specific companies within the index. Moneyworks4me helps you simplify Nifty 50 stock investments with our Nifty 50 AlphaCase.
  • Exchange-Traded Funds (ETFs): Nifty 50 ETFs are investment funds that aim to replicate the performance of the Nifty 50 index. By buying shares of a Nifty 50 ETF, you can get exposure to the entire index. ETFs are traded on stock exchanges, and you can buy and sell them like stocks.
  • Index Mutual Funds: Similar to ETFs, there are mutual funds that track the Nifty 50 index. You can invest in these funds through various mutual fund Platforms.

Nifty ETF have higher liquidity and slightly lower fees as compared to the Nifty 50 Index Funds making them better investment choice.

Investing in the Nifty 50 or similar stock market indices can offer several benefits:

  • Diversification: The Nifty 50 represents a broad cross-section of the Indian economy, including various sectors and industries. By investing in the index or related products, you automatically diversify your investment across multiple companies, reducing the risk associated with individual stocks.
  • Low Cost: If you choose index funds or ETFs that track the Nifty 50, you can benefit from lower expense ratios compared to actively managed mutual funds. These cost savings can improve your overall returns.
  • Stability: Large-cap companies in the Nifty 50 are often more stable and less volatile than smaller companies. This can provide a level of stability to your investment portfolio.
  • Liquidity: Nifty 50 stocks are typically highly liquid, making it easy to buy and sell them at market prices. The index is also used as a benchmark by many institutional investors, contributing to its liquidity.
  • Long-Term Growth: Historically, over the long term, stock markets tend to appreciate in value. Investing in the Nifty 50 allows you to participate in the potential long-term growth of the Indian stock market.
  • Benchmarking: The Nifty 50 is a widely recognized benchmark for the Indian stock market. By investing in or tracking this index, you can assess your investment performance relative to the broader market.
  • Passive Investing: Index investing, like investing in the Nifty 50, is a passive approach. It doesn't require constant monitoring and trading. You can hold these investments for the long term with minimal involvement.
  • Accessibility: With the availability of Nifty 50 ETFs and mutual funds, investors with different levels of capital can access this benchmark index.
  • Transparency: The constituents of the Nifty 50 and their weights are publicly available, offering transparency and clarity to investors.
It's important to note that investing in stock market indices like the Nifty 50 comes with risks as well, including market volatility and potential downturns. The performance of your investment will depend on the overall health and direction of the Indian economy.

It is generally agreed that a Nifty PE ratio of less than 18 means an undervalued market and a time to invest more. However this cannot be predicted and changes dynamically. So, we have found that investing in index funds in a disciplined manner through monthly SIPs and investing lumpsum amounts on every correction will improve your returns. To know our recent views on the market read our monthly MW4Me Outlook.

Here are a few Nifty 50 Index Funds that have been well-regarded historically;

  • ICICI Prudential Nifty 50 Index Fund: ICICI Prudential is a well-known asset management company in India and their Nifty 50 Index Fund has been popular among investors.
  • UTI Nifty Index Fund: UTI AMC is another reputable fund house and this fund aims to replicate the performance of the Nifty 50.
  • HDFC Index Fund - Nifty 50 Plan: HDFC is a leading mutual fund provider in India and this fund seeks to mimic the Nifty 50's performance.
  • SBI Nifty Index Fund: State Bank of India's mutual fund offers an index fund that tracks the Nifty 50.
  • Nippon India ETF Nifty BeES: While this is an exchange-traded fund (ETF) rather than a mutual fund, it's another option for tracking the Nifty 50 and is known for its liquidity.

Not all stocks in the Nifty 50 index are Blue chips. As stocks are selected in the index using an algorithm, often stocks that are most popular make their way into the index. Some of these companies might lack traits of Blue-chip stocks like dependable earnings, stable dividends and industry leaders.

Investment in Nifty 50 stocks should be with an aim to build your Core portfolio – a portfolio that is held for the long term and form the backbone of your investments. It is best built of industry leaders and highly efficient companies with low impact from an economic slowdown, competition or governance issues. They are also less volatile, i.e. lower corrections and quicker return to fair prices. This consistency in return will help you stay invested in the equity market.

Not all Nifty 50 stocks fit this bill and just selective investment is warranted. For details read, ‘ Building a Portfolio with Core and Booster Stocks ’.

How to invest in Nifty 50 stocks? The investment approach most suited for Retail investors, is investing in Quality-at-Reasonable-Price. This enables them to stay invested and let compounding do its magic. The best Nifty 50 stocks are usually expensive and very expensive. Investing at very high prices leads to the risk of mediocre returns and steep correction in portfolio worth and eventually exit. But they are available at reasonable prices in a bear market and times of specific temporary setbacks. On such occasions knowing the fair value of the Nifty 50 stocks enables you to invest in them confidently.

Read our blog to know more.

Return on equity or ROE is one of the most commonly used criteria to select stocks for investment. A high return on equity indicates that the company is utilizing investor money efficiently. Similarly, a low PE ratio indicates an undervalued company, making it ripe for higher returns.

However, keep in mind that a high RoE stock might be overvalued; making it a very risky investment and a low PE stock may have a reason to remain so. You should always use a combination of ratios, to shortlist the best stocks to invest in. This initial shortlist should then be used to dig deeper into company fundamentals before actually making an investment.

Use the Moneyworks4Me screener to find the best Nifty 50 stocks to invest in.

Here are the top stocks from the Nifty 50 index:

You can use different criterias to arrive at the list of best stocks in the Nifty 50 company index. You can use return ratios like ROCE or ROE, that will help you choose companies with profitable growth.

Based on ROE, the best stocks in the Nifty 50 companies index are:

Company Name Is it a Right Stock ? CMP Market Cap(Cr.) P/E P/BV EV/EBITDA ROE
Nestle India Ltd. (L) Very Good 2,543 2,45,204 76.72 73.40 50.52 108.7
Britannia Industries Ltd. (L) Very Good 5,397 1,29,900 60.71 32.96 38.86 67.49
Coal India Ltd. (L) Very Good 487.4 2,99,971 8.02 3.63 4.93 56.13
Tata Consultancy Services Ltd. (L) Very Good 3,832 13,86,433 30.20 15.36 19.98 51.07
Tata Motors Ltd. (L) Somewhat Good 993.4 3,30,204 10.52 3.90 5.85 51.00

Based on the past year's gain, the best performing stocks are:

Company Name Is it a Right Stock ? CMP Market Cap(Cr.) Yearly gain (%)
Coal India Ltd. (L) Very Good 487.4 2,99,971 112.6
Mahindra & Mahindra Ltd. (L) Very Good 2,927 3,63,981 112.3
Bajaj Auto Ltd. (L) Very Good 9,943 2,78,038 110.5
Hero MotoCorp Ltd. (L) Very Good 5,788 1,16,176 98.31
NTPC Ltd. (L) Somewhat Good 368.4 3,57,225 96.79
View More

Stocks with the highest revenue growth in the past 5 years is:

Company Name Is it a Right Stock ? CMP Market Cap(Cr.) P/E P/BV EV/EBITDA 5Y Sales Growth (%)
LTIMindtree Ltd. (L) Very Good 5,026 1,48,978 32.51 7.57 20.62 30.33
Bajaj Finance Ltd. (L) Very Good 7,341 4,55,104 31.49 5.93 14.37 26.49
ICICI Bank Ltd. (L) Very Good 1,105 7,77,966 19.03 3.33 14.26 21.96
Bajaj Finserv Ltd. (L) Very Good 1,592 2,54,252 31.21 4.21 8.69 20.09
Titan Company Ltd. (L) Very Good 3,534 3,13,175 88.37 21.66 57.50 19.63

Stocks with high profit growth often witness their stock prices gaining, irrespective of the market movements.

Stocks with the highest profit growth in the past 5 years is:

Company Name Is it a Right Stock ? CMP Market Cap(Cr.) P/E P/BV EV/EBITDA 5Y Profit Growth (%)
State Bank Of India. (L) Very Good 840.2 7,49,846 12.28 2.14 12.94 134.3
Axis Bank Ltd. (L) Very Good 1,182 3,64,752 14.67 2.43 13.06 96.23
Dr. Reddys Laboratories Ltd. (L) Very Good 6,080 1,01,503 18.20 3.59 11.49 36.08
Apollo Hospitals Enterprise Ltd. (L) Somewhat Good 6,200 89,224 88.30 11.57 45.94 34.75
Bajaj Finance Ltd. (L) Very Good 7,341 4,55,104 31.49 5.93 14.37 34.41

No, but Moneyworks4Me can assist you in filtering the best stocks from the Nifty 50 index using the Nifty 50 AlphaCase. This option offers a selection of large, stable and resilient companies for your investment portfolio. You can opt to invest when they are undervalued, fairly valued or based on quality and 5-star rating criteria.

Nifty 50 and Sensex are two different stock market indices in India. Nifty 50 represents 50 large companies on the National Stock Exchange, while Sensex represents 30 top companies on the Bombay Stock Exchange. They have different methodologies for index calculation.

While you can't directly invest in the Nifty 50 index through a systematic investment plan (SIP), you can achieve a similar investment strategy by investing in Nifty 50 Exchange-Traded Funds (ETFs) or Nifty 50 index mutual funds through an SIP. Here's how it works:

  • Nifty 50 ETFs: There are ETFs that track the Nifty 50 index. You can set up a SIP to invest a fixed amount regularly (e.g., monthly) in one of these Nifty 50 ETFs. This allows you to accumulate units of the ETF over time, which represents a diversified portfolio of Nifty 50 stocks.
  • Nifty 50 Index Mutual Funds: Some mutual funds are designed to replicate the performance of the Nifty 50 index. You can invest through an SIP in one of these index mutual funds. They work similarly to ETFs but are structured as mutual funds.

Setting up an SIP in Nifty 50 ETFs or index mutual funds offers you a way to achieve a systematic investment approach in a diversified portfolio of the Nifty 50 stocks. It can be a practical way to participate in the growth of the Indian stock market while managing your investments over time.

HDFC Bank Ltd.£ has the highest weightage in Nifty 50. The total weightage of the company in Nifty 50 till May-2024 is 11.61%.

Sr.No. Company Name Sector Weightage
1 HDFC Bank Ltd. BFSI 11.61%
2 Reliance Industries Ltd. Oil & Gas 9.76%
3 ICICI Bank Ltd. BFSI 7.94%
4 Infosys Limited IT & ITES 5.06%
5 Larsen and Toubro Ltd. Construction & Infrastructure 4.37%

Nifty 50 offers potential for higher returns but comes with market risk, while Fixed Deposits (FDs) are safer with guaranteed returns but offer lower returns. Your choice depends on your risk tolerance and financial goals.

Nifty 50 can be a suitable option for long-term investing, offering growth potential and diversification.

The Nifty 50 index represents 50 different companies that reflect the Indian equity market in a broad sense. There are 50 different companies that are from 14 different sectors.

  • Diversification – It deploys the investment in multiple companies and sectors thereby reducing risk compared to investing in a single or small set of companies. Over time Nifty 50 replaces the underperforming companies at a market level with performing one.
  • Wide market presence – Nifty 50 Index funds are quite popular in India and have a substantial market presence.
  • Low cost - These funds have lower operating expenses as fund managers simply need to replicate the index.
  • Inflation + returns - Index funds have consistently generated inflation beating returns over the long term. Coupled with low costs it becomes excellent value for investors.
You have 2 views remaining as a Guest User. To get DeciZen Rating of 3,500+ Stocks based on their Quality, Valuation and Price Trend Login | Register Now
© 2024 The Alchemists Ark Pvt. Ltd. All rights reserved. MoneyWorks4Me ® is a registered trademark of The Alchemists Ark Pvt.Ltd.