indexPe

Nifty Top 20 Equal Weight PE Ratio

Fairly ValuedStrategyNSELast updated: 21 Jul 2026
Select Metric:
Current PE Ratio
21.39
1Y Median PE
22.84
vs 1Y Median
-6.33%

The Nifty Top 20 Equal Weight PE ratio is 21.39 as of 21 July 2026, about 6% below its 1-year median of 22.84, which places it in fairly valued territory on a historical basis.

PE Ratio vs Historical Medians

PeriodMedian PECurrent vs Median
1 Year22.84-6.33%

Historical PE Ratio

Performance and risk

1Y total return
-6.78%
5Y total return (p.a.)
+11.04%
Volatility (1Y std dev)
13.44%
Beta vs Nifty 50 (1Y)
1.01

1-year holding windows since 2006 returned a median of +13.22% (best +114.41%, worst -51.85%).

View full performance and risk

Returns as of June 2026, from the NSE factsheet for the Nifty Top 20 Equal Weight. 1-year returns are absolute; 5-year returns are annualized.

Stocks in the Nifty Top 20 Equal Weight

The Nifty Top 20 Equal Weight contains 20 constituents. Its largest sectors by weight are Financial Services (30.0%) and Information Technology (14.5%).

Financial Services: 30.0%Information Technology: 14.5%Automobile and Auto Components: 10.4%Fast Moving Consumer Goods: 9.9%Consumer Services: 5.2%Consumer Durables: 5.1%+5 more sectors
SymbolCompanyIndustryWeight(%)
MARUTIMaruti Suzuki India Ltd.Automobile and Auto Components5.36
ETERNALEternal Ltd.Consumer Services5.20
TITANTitan Company Ltd.Consumer Durables5.13
BAJFINANCEBajaj Finance Ltd.Financial Services5.10
HDFCBANKHDFC Bank Ltd.Financial Services5.06
ICICIBANKICICI Bank Ltd.Financial Services5.04
M&MMahindra & Mahindra Ltd.Automobile and Auto Components5.04
NTPCNTPC Ltd.Power5.03
SBINState Bank of IndiaFinancial Services5.00
SUNPHARMASun Pharmaceutical Industries Ltd.Healthcare5.00
AXISBANKAxis Bank Ltd.Financial Services
BHARTIARTLBharti Airtel Ltd.Telecommunication
HCLTECHHCL Technologies Ltd.Information Technology
HINDUNILVRHindustan Unilever Ltd.Fast Moving Consumer Goods
ITCITC Ltd.Fast Moving Consumer Goods
INFYInfosys Ltd.Information Technology
KOTAKBANKKotak Mahindra Bank Ltd.Financial Services
LTLarsen & Toubro Ltd.Construction
RELIANCEReliance Industries Ltd.Oil Gas & Consumable Fuels
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 20 Equal Weight PE ratio?

As of 21 July 2026, the Nifty Top 20 Equal Weight PE ratio is 21.39. That is about 6% below its 1-year median of 22.84.

Is the Nifty Top 20 Equal Weight undervalued right now?

On a historical basis it screens as fairly valued. Its current PE of 21.39 sits below every median window: 1-year (22.84).

What is a normal PE ratio for the Nifty Top 20 Equal Weight?

Over the past one year its median PE has been 22.84, and over the past six months 22.27. Today's 21.39 is toward the lower end of that historical range.

How many stocks are in the Nifty Top 20 Equal Weight?

The Nifty Top 20 Equal Weight contains 20 stocks. By number of companies, its largest sectors are Financial Services (6 stocks), Information Technology (3 stocks) and Automobile and Auto Components (2 stocks).

What returns has the Nifty Top 20 Equal Weight delivered?

As of June 2026, the Nifty Top 20 Equal Weight total return (with dividends reinvested) is -6.78% over the past year and +11.04% 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 20 Equal Weight?

Over the year to June 2026, the Nifty Top 20 Equal Weight had an annualized volatility (standard deviation of daily returns) of 13.44%. Its beta versus the Nifty 50 is 1.01, meaning it has moved roughly in line with the broad market.

What is a typical one-year return for the Nifty Top 20 Equal Weight?

Across every one-year holding window since 2006, the Nifty Top 20 Equal Weight total return has a median of +13.22%, with the best window at +114.41% and the worst at -51.85%. Based on NSE Total Returns Index data; a past distribution, not a prediction.

Last updated: 21 July 2026.