indexPe

Nifty Midcap Liquid 15 PE Ratio

Significantly OvervaluedThematicNSELast updated: 21 Jul 2026
Select Metric:
Current PE Ratio
39.98
5Y Median PE
26.36
vs 5Y Median
+51.67%

The Nifty Midcap Liquid 15 PE ratio is 39.98 as of 21 July 2026, about 52% above its 5-year median of 26.36, which places it in significantly overvalued territory on a historical basis.

PE Ratio vs Historical Medians

PeriodMedian PECurrent vs Median
Full history22.57+77.14%
7 Years23.13+72.85%
5 Years26.36+51.67%
3 Years36.39+9.85%
1 Year37.44+6.80%

Historical PE Ratio

Performance and risk

1Y total return
+3.85%
5Y total return (p.a.)
+22.08%
Volatility (1Y std dev)
19.29%
Beta vs Nifty 50 (1Y)
1.26

1-year holding windows since 2009 returned a median of +13.89% (best +206.18%, worst -37.61%).

View full performance and risk

Returns as of June 2026, from the NSE factsheet for the Nifty Midcap Liquid 15. 1-year returns are absolute; 5-year returns are annualized.

Stocks in the Nifty Midcap Liquid 15

The Nifty Midcap Liquid 15 contains 15 constituents. Its largest sectors by weight are Financial Services (47.9%) and Capital Goods (13.5%).

Financial Services: 47.9%Capital Goods: 13.5%Information Technology: 10.1%Automobile and Auto Components: 7.2%Telecommunication: 5.8%Healthcare: 5.8%+2 more sectors
SymbolCompanyIndustryWeight(%)
BSEBSE Ltd.Financial Services15.12
MCXMulti Commodity Exchange of India Ltd.Financial Services8.39
SUZLONSuzlon Energy Ltd.Capital Goods8.30
HEROMOTOCOHero MotoCorp Ltd.Automobile and Auto Components7.21
INDUSINDBKIndusInd Bank Ltd.Financial Services7.05
AUBANKAU Small Finance Bank Ltd.Financial Services6.80
INDUSTOWERIndus Towers Ltd.Telecommunication5.85
FORTISFortis Healthcare Ltd.Healthcare5.78
DIXONDixon Technologies (India) Ltd.Consumer Durables5.73
PAYTMOne 97 Communications Ltd.Financial Services5.57
ASHOKLEYAshok Leyland Ltd.Capital Goods
COFORGECoforge Ltd.Information Technology
PERSISTENTPersistent Systems Ltd.Information Technology
SWIGGYSwiggy Ltd.Consumer Services
YESBANKYes Bank Ltd.Financial Services

Constituent list as of 13 July 2026, sourced from NSE Indices. Weights as of 30 June 2026, from the NSE factsheet.

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Nifty Capital MarketsNifty CommoditiesNifty Conglomerate 50Nifty Core HousingNifty CPSE

Frequently Asked Questions

What is the current Nifty Midcap Liquid 15 PE ratio?

As of 21 July 2026, the Nifty Midcap Liquid 15 PE ratio is 39.98. That is about 52% above its 5-year median of 26.36 and about 7% above its 1-year median of 37.44.

Is the Nifty Midcap Liquid 15 undervalued right now?

On a historical basis it screens as significantly overvalued. Its current PE of 39.98 sits above every median window: 1-year (37.44), 3-year (36.39), 5-year (26.36), 7-year (23.13) and full-history (22.57).

What is a normal PE ratio for the Nifty Midcap Liquid 15?

Over the past five years its median PE has been 26.36, and over the past three years 36.39. Today's 39.98 is toward the upper end of that historical range.

How many stocks are in the Nifty Midcap Liquid 15?

The Nifty Midcap Liquid 15 contains 15 stocks. By number of companies, its largest sectors are Financial Services (6 stocks), Capital Goods (2 stocks) and Information Technology (2 stocks).

What returns has the Nifty Midcap Liquid 15 delivered?

As of June 2026, the Nifty Midcap Liquid 15 total return (with dividends reinvested) is +3.85% over the past year and +22.08% annualized over the past five years. One-year figures are absolute; multi-year figures are annualized (CAGR). Data from the NSE factsheet.

How volatile is the Nifty Midcap Liquid 15?

Over the year to June 2026, the Nifty Midcap Liquid 15 had an annualized volatility (standard deviation of daily returns) of 19.29%. Its beta versus the Nifty 50 is 1.26, meaning it has moved more than the broad market.

What is a typical one-year return for the Nifty Midcap Liquid 15?

Across every one-year holding window since 2009, the Nifty Midcap Liquid 15 total return has a median of +13.89%, with the best window at +206.18% and the worst at -37.61%. Based on NSE Total Returns Index data; a past distribution, not a prediction.

Last updated: 21 July 2026.