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Nifty Top 15 Equal Weight PE Ratio

Fairly ValuedStrategyNSELast updated: 21 Jul 2026
Select Metric:
Current PE Ratio
19.40
1Y Median PE
21.18
vs 1Y Median
-8.40%

The Nifty Top 15 Equal Weight PE ratio is 19.40 as of 21 July 2026, about 8% below its 1-year median of 21.18, which places it in fairly valued territory on a historical basis.

PE Ratio vs Historical Medians

PeriodMedian PECurrent vs Median
1 Year21.18-8.40%

Historical PE Ratio

Performance and risk

1Y total return
+6.23%
5Y total return (p.a.)
+19.53%
Volatility (1Y std dev)
19.32%
Beta vs Nifty 50 (1Y)
1.33

1-year holding windows since 2006 returned a median of +14.05% (best +111.74%, worst -51.37%).

View full performance and risk

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

Stocks in the Nifty Top 15 Equal Weight

The Nifty Top 15 Equal Weight contains 15 constituents. Its largest sectors by weight are Automobile and Auto Components (55.1%) and Services (16.9%).

Automobile and Auto Components: 55.1%Services: 16.9%Consumer Services: 10.9%Oil, Gas & Consumable Fuels: 9.8%Capital Goods: 7.3%
SymbolCompanyIndustryWeight(%)
MARUTIMaruti Suzuki India Ltd.Automobile and Auto Components8.49
M&MMahindra & Mahindra Ltd.Automobile and Auto Components7.98
RELIANCEReliance Industries Ltd.Oil Gas & Consumable Fuels4.90
AXISBANKAxis Bank Ltd.Financial Services
BAJFINANCEBajaj Finance Ltd.Financial Services
BHARTIARTLBharti Airtel Ltd.Telecommunication
HDFCBANKHDFC Bank Ltd.Financial Services
HINDUNILVRHindustan Unilever Ltd.Fast Moving Consumer Goods
ICICIBANKICICI Bank Ltd.Financial Services
ITCITC Ltd.Fast Moving Consumer Goods
INFYInfosys Ltd.Information Technology
KOTAKBANKKotak Mahindra Bank Ltd.Financial Services
LTLarsen & Toubro Ltd.Construction
SBINState Bank of IndiaFinancial Services
TCSTata Consultancy Services Ltd.Information Technology

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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Frequently Asked Questions

What is the current Nifty Top 15 Equal Weight PE ratio?

As of 21 July 2026, the Nifty Top 15 Equal Weight PE ratio is 19.40. That is about 8% below its 1-year median of 21.18.

Is the Nifty Top 15 Equal Weight undervalued right now?

On a historical basis it screens as fairly valued. Its current PE of 19.40 sits below every median window: 1-year (21.18).

What is a normal PE ratio for the Nifty Top 15 Equal Weight?

Over the past one year its median PE has been 21.18, and over the past six months 19.81. Today's 19.40 is toward the lower end of that historical range.

How many stocks are in the Nifty Top 15 Equal Weight?

The Nifty Top 15 Equal Weight contains 15 stocks. By number of companies, its largest sectors are Financial Services (6 stocks), Automobile and Auto Components (2 stocks) and Fast Moving Consumer Goods (2 stocks).

What returns has the Nifty Top 15 Equal Weight delivered?

As of June 2026, the Nifty Top 15 Equal Weight total return (with dividends reinvested) is +6.23% over the past year and +19.53% 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 Top 15 Equal Weight?

Over the year to June 2026, the Nifty Top 15 Equal Weight had an annualized volatility (standard deviation of daily returns) of 19.32%. Its beta versus the Nifty 50 is 1.33, meaning it has moved more than the broad market.

What is a typical one-year return for the Nifty Top 15 Equal Weight?

Across every one-year holding window since 2006, the Nifty Top 15 Equal Weight total return has a median of +14.05%, with the best window at +111.74% and the worst at -51.37%. Based on NSE Total Returns Index data; a past distribution, not a prediction.

Last updated: 21 July 2026.