Nifty 100 Equal Weight
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Nifty 100 Equal Weight

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Nifty 100 Equal Weight Performance

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Nifty 100 Equal Weight Historical Returns

Nifty 100 Equal Weight Sector Weightage

List of Nifty 100 Equal Weight Companies

About Nifty 100 Equal Weight

Parent Organization

Nifty 100 Equal Weight

Exchange

NSE

About Nifty 100 Equal Weight Index

The Nifty 100 Equal Weight Index has the same components as the Nifty 100 Index, which is an index based on free-float market capitalization. The Nifty 100 mimics the performance of a portfolio made up of the Nifty 50 and Nifty Next 50 indices combined. 

Portfolio Characteristics of  Nifty 100 Equal Weight Index 

This portfolio was launched on 10 June 2013. It is an equal-weighted index with a base value of 1000 as of 1 January 2003. It has 101 constituents and has been formulated for a specific methodology; the levels are calculated in real time with a frequency of 101. The index is rebalanced semi-annually with the prime objective of ensuring that it remains in its intended structure and aligned with the market.

Eligibility Criteria for Selection of Constituent Stocks in Nifty 100 Equal Weight Index 

As this index is a variant of Nifty 100, the same selection criteria for its constituents would be used. The securities forming part of the Nifty 50 and Nifty Next 50 would constitute the Nifty Equal Weight index. In other words, this would be a combination of the Nifty 50 and Nifty Next 50. Any modification in the Nifty 50 and Nifty Next 50, including addition or deletion of securities, would get reflected in the Nifty 100 Equal Weight ETF automatically.

Below are the Nifty 100 Stock Selection Criteria:

  1. The National Stock Exchange should list it.
  2. The stock should have an Investable Weight Factor (IWF) of at least 0.10 (10% free float) and be included in the NIFTY 500.
  3. If the whole market capitalization-based rank of stock is in the top 90, it will be included.
  4. It will be included if the last NIFTY 100 constituent's complete market capitalization-based rank is 1.5 times greater and the stock can be traded on the NSE F&O segment.
  5. Stock will not be included if the constituent is withdrawn from the NIFTY 500 or if the full market capitalization-based rank drops below 110.
  6. Instead of using data from the previous six months to determine eligibility, a newly listed security will only use data from the last three months.
  7. Only non-F&O stocks that have experienced fewer than 20% of all trading days over the previous six months of touching either the upper or lower circuit will be considered. 

Management of Nifty 100 Equal Weight Index

The NSE Indices Limited Board of Directors, the Index Advisory Committee (Equity), and the Index Maintenance Sub-Committee make up the three tiers of the governance structure of the Nifty 100 Equal Weight Index Fund. 

Financial Performance of Nifty 100 Equal Weight Index 

NIFTY 100 Equal Weight index-based portfolios have generated stellar total returns of 19.68% since their inception and 24.13% in the past 5 years. The returns have a strong correlation with the NIFTY 100 index and are not extremely volatile. Make sure you evaluate the Nifty 100 live stocks list and analyze it before investing. 

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