indexPe

Nifty200 Momentum 30 PE Ratio

Fairly ValuedStrategyNSELast updated: 30 Oct 2026
Select Metric:
Current PE Ratio
20.99
5Y Median PE
23.27
vs 5Y Median
-9.80%

Valuation Percentile

Nifty200 Momentum 30's PB is cheaper than 64% of the last 5 years.

As of 30 Oct 2026 · 5Y daily data (1,240 obs)

The Nifty200 Momentum 30 PE ratio is 20.99 as of 30 October 2026, about 10% below its 5-year median of 23.27, which places it in fairly valued territory on a historical basis.

PE Ratio vs Historical Medians

PeriodMedian PECurrent vs Median
5 Years23.27-9.80%
3 Years25.23-16.79%
1 Year26.04-19.39%

Historical PE Ratio

Series start. P/E is published from 25 Aug 2020. Index values go back to 1 Apr 2005.

Earnings

Index earnings are the profits behind the index level: the closing value divided by the P/E ratio, in index points. The line moves in steps because it changes only when trailing four-quarter profits are updated or the constituents change. Compare it with price to see whether a move came from earnings or from a change in what investors pay for them.

Nifty200 Momentum 30 index earnings (EPS, index points)

Nifty200 Momentum 30 earnings grew +4.13% a year over the last 5 years, while the index moved +6.96% a year and its P/E went from 18.4 to 21.0.

Earnings growth is annualised from the last trading day at or before the start of each window to 30 Oct 2026. Price growth uses the index level over the same two dates, excluding dividends. EPS is undefined on days with no published P/E, so those days are skipped. Past growth, not a forecast.

Ways to invest in Nifty200 Momentum 30

5 ETFs and 8 index funds track this index. Prices and NAVs as of 29 Oct 2026.

ETFs (5)

ETFSymbolPriceNAVPremium1Y
Kotak Nifty 200 Momentum 30 ETFMOMENTUM3028.89---8.98%
ICICI Prudential Nifty 200 Momentum 30 ETFMOM30IETF29.29---9.44%
HDFC NIFTY200 MOMENTUM 30 ETFHDFCMOMENT29.18---9.21%
Motilal Oswal Nifty 200 Momentum 30 ETFMOMOMENTUM57.91---9.80%
Aditya Birla Sun Life Nifty 200 Momentum 30 ETFMOMENTUM29.07---9.69%

Index funds (8)

FundAMCNAVSince
UTI Nifty 200 Momentum 30 Index FundUTI Asset Mgmt. Co. Ltd.19.9529 Oct 20262021
Motilal Oswal Nifty 200 Momentum 30 Index FundMotilal Oswal Asset Management Company Limited14.3529 Oct 20262022
ICICI Prudential Nifty 200 Momentum 30 Index FundICICI Prudential Asset Management Company Limited15.6529 Oct 20262022
BANDHAN NIFTY200 MOMENTUM 30 INDEX FUNDBandhan AMC Limited14.6929 Oct 20262022
Kotak Nifty 200 Momentum 30 Index FundKotak Mahindra Asset Management Company Limited.13.7529 Oct 20262023

Listed for information only, not a recommendation. Check expense ratio and tracking difference before investing.

Performance and risk

1Y total return
-0.47%
5Y total return (p.a.)
+9.28%
Volatility (1Y std dev)
18.60%
Beta vs Nifty 50 (1Y)
1.18

1-year holding windows since 2020 returned a median of +6.94% (best +86.12%, worst -20.93%).

View full performance and risk

Returns as of September 2026, from the NSE factsheet for the Nifty200 Momentum 30. 1-year returns are absolute; 5-year returns are annualized.

Stocks in the Nifty200 Momentum 30

The Nifty200 Momentum 30 contains 30 constituents. Its largest sectors by weight are Capital Goods (24.1%) and Financial Services (21.2%).

Capital Goods: 24.1%Financial Services: 21.2%Metals & Mining: 18.7%Power: 14.2%Healthcare: 11.1%Automobile and Auto Components: 6.5%+2 more sectors
SymbolCompanyIndustryWeight(%)
LAURUSLABSLaurus Labs Ltd.Healthcare6.54
MCXMulti Commodity Exchange of India Ltd.Financial Services6.05
TATASTEELTata Steel Ltd.Metals & Mining5.04
HINDALCOHindalco Industries Ltd.Metals & Mining5.02
SHRIRAMFINShriram Finance Ltd.Financial Services5.02
NTPCNTPC Ltd.Power4.70
ADANIPOWERAdani Power Ltd.Power4.62
CUMMINSINDCummins India Ltd.Capital Goods4.46
GVT&DGE Vernova T&D India Ltd.Capital Goods4.33
VEDLVedanta Ltd.Metals & Mining4.26
ABBABB India Ltd.Capital Goods
ADANIENSOLAdani Energy Solutions Ltd.Power
ADANIGREENAdani Green Energy Ltd.Power
ABCAPITALAditya Birla Capital Ltd.Financial Services
BSEBSE Ltd.Financial Services
BHARATFORGBharat Forge Ltd.Automobile and Auto Components
BHELBharat Heavy Electricals Ltd.Capital Goods
CGPOWERCG Power and Industrial Solutions Ltd.Capital Goods
FEDERALBNKFederal Bank Ltd.Financial Services
GLENMARKGlenmark Pharmaceuticals Ltd.Healthcare
POWERINDIAHitachi Energy India Ltd.Capital Goods
KEIKEI Industries Ltd.Capital Goods
LTFL&T Finance Ltd.Financial Services
NATIONALUMNational Aluminium Co. Ltd.Metals & Mining
POLYCABPolycab India Ltd.Capital Goods
MOTHERSONSamvardhana Motherson International Ltd.Automobile and Auto Components
SOLARINDSSolar Industries India Ltd.Chemicals
SAILSteel Authority of India Ltd.Metals & Mining
TORNTPHARMTorrent Pharmaceuticals Ltd.Healthcare
IDEAVodafone Idea Ltd.Telecommunication

Constituent list as of 27 October 2026, sourced from NSE Indices. Weights as of 30 September 2026, from the NSE factsheet.

How this index works

Universe
• Stocks forming part / going to be a part of the Nifty 200 index at the time of review • Constituents should have a minimum listing history of 1 year • At the time of index reconstitution, a company which has undergone a scheme of arrangement for corporate event such as capital restructuring etc.
Selection
Introduction Nifty200 Momentum 30 Index which aims to track the performance of the top 30 companies within the Nifty 200 selected based on their Normalized Momentum Score.
Rebalanced
Semi-annually
Weight cap
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

Summarised from NSE's official methodology document (PDF) for the Nifty200 Momentum 30; the PDF is authoritative.

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Frequently Asked Questions

What is the current Nifty200 Momentum 30 PE ratio?

As of 30 October 2026, the Nifty200 Momentum 30 PE ratio is 20.99. That is about 10% below its 5-year median of 23.27 and about 19% below its 1-year median of 26.04.

Is the Nifty200 Momentum 30 undervalued right now?

On a historical basis it screens as fairly valued. Its current PE of 20.99 sits below every median window: 1-year (26.04), 3-year (25.23) and 5-year (23.27).

What is a normal PE ratio for the Nifty200 Momentum 30?

Over the past five years its median PE has been 23.27, and over the past three years 25.23. Today's 20.99 is toward the lower end of that historical range.

How many stocks are in the Nifty200 Momentum 30?

The Nifty200 Momentum 30 contains 30 stocks. By number of companies, its largest sectors are Capital Goods (8 stocks), Financial Services (6 stocks) and Metals & Mining (5 stocks).

What returns has the Nifty200 Momentum 30 delivered?

As of September 2026, the Nifty200 Momentum 30 total return (with dividends reinvested) is -0.47% over the past year and +9.28% 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 Nifty200 Momentum 30?

Over the year to September 2026, the Nifty200 Momentum 30 had an annualized volatility (standard deviation of daily returns) of 18.60%. Its beta versus the Nifty 50 is 1.18, meaning it has moved more than the broad market.

What is a typical one-year return for the Nifty200 Momentum 30?

Across every one-year holding window since 2020, the Nifty200 Momentum 30 total return has a median of +6.94%, with the best window at +86.12% and the worst at -20.93%. Based on NSE Total Returns Index data; a past distribution, not a prediction.

How fast have Nifty200 Momentum 30 earnings grown?

Nifty200 Momentum 30 earnings, measured as the index level divided by its P/E, grew +4.13% a year over the last 5 years, while the index itself moved +6.96% a year and its P/E rose from 18.35 to 20.99. Past growth, not a forecast.

How often is the Nifty200 Momentum 30 rebalanced?

The Nifty200 Momentum 30 is rebalanced semi-annually. Details are in the official NSE methodology document.

Last updated: 30 October 2026.