September 30, 2021

‘Nifty200 Momentum 30’ Index which aims to track the performance of the top 30 companies within the Nifty 200 selected based on
their Normalised Momentum Score. The Normalised Momentum Score for each company is determined based on its 6-month and 12-
month price return, adjusted for its daily price return volatility. The weight of each stock is based on the factor tilt methodology – the
weight is derived by multiplying the free float market cap with the Normalised Momentum Score of that stock.

Stock weights are capped at the lower of 5% or 5 times the weight of the stock in the index based only on free float market
capitalization.

The index can be used for a variety of purposes such as benchmarking, creation of index funds, ETFs and structured products.

Portfolio Characteristics
Methodology Tilt Weighted Index Since
QTD YTD 1 Year 5 Years
No. of Constituents 30 Returns (%) Inception
Launch Date August 25, 2020 Price Return 10.93 44.96 63.71 21.83 19.82
Base Date April 01, 2005 Total Return 11.25 45.99 65.09 23.10 21.18

Base Value 1000 Since

Calculation Frequency Real-Time Statistics ## 1 Year 5 Years
Inception
Index Rebalancing Semi-annual Std. Deviation * 17.66 19.49 23.10
Sector Representation Beta (NIFTY 50) 0.85 0.94 0.93

Sector Weight(%) Correlation (NIFTY 50) 0.74 0.88 0.90

METALS 30.60
Fundamentals
IT 14.77
P/E P/B Dividend Yield
FINANCIAL SERVICES 12.74
18.36 3.59 1.22
CONSUMER GOODS 8.96
AUTOMOBILE 5.90
Top constituents by weightage
CEMENT & CEMENT PRODUCTS 5.02
SERVICES 4.69 Company’s Name Weight(%)
CHEMICALS 4.28
FERTILISERS & PESTICIDES 3.98 Hindalco Industries Ltd. 5.88
HEALTHCARE SERVICES 3.54 Bajaj Finance Ltd. 5.72
POWER 2.81 Wipro Ltd. 5.25
OIL & GAS 0.99 Grasim Industries Ltd. 5.02
PHARMA 0.92 Tata Steel Ltd. 5.01
INDUSTRIAL MANUFACTURING 0.81
Vedanta Ltd. 4.97
Asian Paints Ltd. 4.89
Infosys Ltd. 4.82
State Bank of India 4.79
Adani Ports and Special Economic Zone Ltd. 4.69

## 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
 September 30, 2021

Index Methodology
• The index has a base date of April 01, 2005, with a base value of 1000.

• Stocks from NIFTY 200 index at the time of review are eligible for inclusion in the index.

• 30 stocks based on the high Normalised Momentum Score are selected to be the part of the index.

• The weight of each stock is based on the factor tilt methodology – the weight is derived by multiplying the free float market cap with
the Normalised Momentum Score of that stock.

• Index is rebalanced semi-annually in June and December.

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: [email protected] | Tel: +91 22 26598386 | Fax: +91 22 26598120
Learn more at: www.niftyindices.com
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