The table below shows the Nifty50 Equal Weight based on the Highest Market Capitalization.
| Name | Market Cap (Cr) | Close Price |
| Reliance Industries Ltd | 2,002,983.00 | 2,955.10 |
| Tata Consultancy Services Ltd | 1,392,783.00 | 3,832.05 |
| HDFC Bank Ltd | 1,153,546.00 | 1,596.90 |
| Bharti Airtel Ltd | 826,210.70 | 1,427.40 |
| ICICI Bank Ltd | 795,799.90 | 1,105.65 |
| State Bank of India | 739,493.30 | 839.20 |
| Infosys Ltd | 606,591.70 | 1,488.90 |
| Hindustan Unilever Ltd | 556,629.90 | 2,479.75 |
| ITC Ltd | 544,583.60 | 431.15 |
| Larsen and Toubro Ltd | 498,472.10 | 3,687.80 |
| Bajaj Finance Ltd | 422,525.90 | 7,341.55 |
| Maruti Suzuki India Ltd | 408,737.50 | 12,845.20 |
| Adani Enterprises Ltd | 385,884.70 | 3,261.75 |
| HCL Technologies Ltd | 364,278.90 | 1,431.05 |
| NTPC Ltd | 363,576.50 | 368.45 |
| Axis Bank Ltd | 362,550.10 | 1,181.05 |
| Sun Pharmaceutical Industries Ltd | 356,709.10 | 1,516.00 |
| Oil and Natural Gas Corporation Ltd | 356,336.40 | 275.40 |
| Kotak Mahindra Bank Ltd | 338,634.10 | 1,717.20 |
| Mahindra and Mahindra Ltd | 309,045.90 | 2,928.60 |
Table of contents
- Nifty50 Equal Weight Meaning
- Features Of The Nifty50 Equal Weight
- Nifty50 Equal Weight Stocks Weightage
- Nifty50 Equal Weight Index Fund List
- How To Buy Nifty50 Equal Weight?
- Advantages of Nifty50 Equal Weight
- Disadvantages of Nifty50 Equal Weight
- Introduction to Top Nifty50 Equal Weight
- Nifty50 Equal Weight – FAQs
Nifty50 Equal Weight Meaning
The Nifty50 Equal Weight Index is a variant of the Nifty50 Index where each constituent is assigned an equal weight of 2% at each quarterly rebalance, regardless of the company’s market capitalization. This approach ensures that the performance of smaller companies has a comparable impact on the index as larger companies, promoting a more balanced representation across all constituents.
Features Of The Nifty50 Equal Weight
The main features of the Nifty50 Equal Weight in finance include its unique weighting scheme, frequent rebalancing, and equal impact of each stock on the index’s performance, fostering a balanced approach to market exposure.
- Equal Weighting Scheme: Every stock in the index holds an equal weight of 2%, regardless of the company’s market size. This methodology ensures no single stock’s performance can dominate the overall index outcome.
- Frequent Rebalancing: To maintain equal weights, the index undergoes quarterly rebalancing. This ensures that the allocation remains consistent over time, adjusting for price fluctuations in the constituent stocks.
- Equal Impact on Performance: Since each stock contributes equally, the index can potentially benefit from the upward movement of smaller companies just as much as from the larger ones, leading to a diverse impact on the index’s returns.
Nifty50 Equal Weight Stocks Weightage
The table below shows Nifty50 Equal Weight Stocks Weightage based on the Highest Weights.
| Name | Weightage% |
| Reliance Industries Ltd | 11.06 |
| Tata Consultancy Services Ltd | 7.38 |
| HDFC Bank Ltd | 6.69 |
| Bharti Airtel Ltd | 4.51 |
| ICICI Bank Ltd | 4.41 |
| State Bank of India | 3.95 |
| Infosys Ltd | 3.39 |
| Hindustan Unilever Ltd | 3.03 |
| ITC Ltd | 2.77 |
| Larsen and Toubro Ltd | 2.54 |
Nifty50 Equal Weight Index Fund List
The table below shows the Nifty50 Equal Weight Index Fund List based on a 1-year return.
| Name | 1Y Return % | Close Price |
| Mahindra and Mahindra Ltd | 112.43 | 2,928.60 |
| NTPC Ltd | 96.82 | 368.45 |
| Oil and Natural Gas Corporation Ltd | 74.47 | 275.40 |
| Bharti Airtel Ltd | 72.40 | 1,427.40 |
| Larsen and Toubro Ltd | 56.59 | 3,687.80 |
| Sun Pharmaceutical Industries Ltd | 53.64 | 1,516.00 |
| State Bank of India | 45.56 | 839.20 |
| Maruti Suzuki India Ltd | 34.75 | 12,845.20 |
| Adani Enterprises Ltd | 32.75 | 3,261.75 |
| Reliance Industries Ltd | 27.56 | 2,955.10 |
| HCL Technologies Ltd | 25.99 | 1,431.05 |
| Axis Bank Ltd | 20.80 | 1,181.05 |
| Tata Consultancy Services Ltd | 17.87 | 3,832.05 |
| ICICI Bank Ltd | 17.65 | 1,105.65 |
| Infosys Ltd | 14.50 | 1,488.90 |
| Bajaj Finance Ltd | 3.45 | 7,341.55 |
| HDFC Bank Ltd | -0.30 | 1,596.90 |
| ITC Ltd | -3.00 | 431.15 |
| Kotak Mahindra Bank Ltd | -7.91 | 1,717.20 |
| Hindustan Unilever Ltd | -8.11 | 2,479.75 |
How To Buy Nifty50 Equal Weight?
To buy into the Nifty50 Equal Weight, you can invest through specific mutual funds or Exchange-Traded Funds (ETFs) that replicate this index. First, open an account with a brokerage. Search for funds or ETFs that track the Nifty50 Equal Weight. Review their performance and costs, then purchase the fund or ETF through your brokerage platform to add it to your investment portfolio.
Advantages of Nifty50 Equal Weight
The main advantages of the Nifty50 Equal Weight index include enhanced diversification, reduced risk concentration, and equal representation of all constituent stocks, which often leads to a broader market overview and potentially less volatility.
- Enhanced Diversification: By equally weighting each stock, the Nifty50 Equal Weight index minimizes the dominance of any single company, promoting a more balanced portfolio. This reduces the impact of large swings in big companies on the overall index performance.
- Reduced Risk Concentration: The equal weighting strategy reduces the risk concentration in higher market cap stocks, which can be particularly beneficial during times of market stress or when larger companies underperform due to specific sector issues.
- Equal Influence: Each company, regardless of size, has an equal impact on the index’s performance. This can be advantageous in recognizing the value and performance potential of smaller companies, which might be overlooked in a market cap-weighted index.
Disadvantages of Nifty50 Equal Weight
The main disadvantages of the Nifty50 Equal Weight index include higher turnover, potential underperformance during bull markets, and overlooking market leaders’ influence, which can affect both the costs and performance dynamics compared to traditional indices.
- Higher Turnover: The equal weight index requires frequent rebalancing to maintain equal weightings, leading to higher transaction costs and potentially greater tax implications for investors. This periodic adjustment can diminish net returns.
- Bull Market Underperformance: During bull markets, large-cap stocks often lead to gains. Since the Nifty50 Equal Weight underweights these market leaders in favor of a more balanced approach, it may underperform compared to a market cap-weighted index during these periods.
- Ignoring Market Leaders: By equalizing the influence of all companies, the index may fail to capitalize fully on the performance of larger, more influential companies. This can result in missing out on the growth potential these leaders might offer during certain economic cycles.
Introduction to Top Nifty50 Equal Weight
Reliance Industries Ltd
The Market Cap of Reliance Industries Ltd is ₹20,02,983.00 Crores. The stock has a monthly return of 3.86% and a 1-year return of 27.56%. It is currently 2.50% away from its 52-week high.
Reliance Industries Ltd is a conglomerate with diverse interests in petrochemicals, refining, oil, telecommunications, and retail. Known for its innovation and growth, Reliance plays a crucial role in India’s economy, consistently delivering robust financial performance.
Under the leadership of Mukesh Ambani, Reliance has expanded its footprint globally, investing in sustainable energy and technology. The company’s focus on strategic acquisitions and partnerships ensures its continued dominance across various sectors.
Tata Consultancy Services Ltd
The Market Cap of Tata Consultancy Services Ltd is ₹13,92,783.00 Crores. The stock has a monthly return of -1.54% and a 1-year return of 17.87%. It is currently 11.03% away from its 52-week high.
Tata Consultancy Services Ltd (TCS) is a global leader in IT services, consulting, and business solutions. Renowned for its innovation and customer-centric approach, TCS helps businesses transform through cutting-edge technology solutions and digital strategies.
With a vast global presence, TCS continues to drive growth and efficiency for clients across industries. The company’s commitment to excellence and continuous improvement has established it as a trusted partner in the IT services sector.
HDFC Bank Ltd
The Market Cap of HDFC Bank Ltd is ₹11,53,546.00 Crores. The stock has a monthly return of 8.45% and a 1-year return of -0.30%. It is currently 10.06% away from its 52-week high.
HDFC Bank Ltd is one of India’s leading private sector banks, offering a wide range of banking and financial services. Known for its strong customer focus, the bank consistently delivers superior financial performance and innovative banking solutions.
The bank’s extensive network and digital banking capabilities ensure seamless customer experiences. HDFC Bank’s commitment to corporate governance and risk management has solidified its reputation as a reliable and trusted financial institution.
Bharti Airtel Ltd
The Market Cap of Bharti Airtel Ltd is ₹8,26,210.70 Crores. The stock has a monthly return of 9.82% and a 1-year return of 72.40%. It is currently 2.00% away from its 52-week high.
Bharti Airtel Ltd is a leading global telecommunications company with operations in 18 countries across Asia and Africa. The company offers a range of services, including mobile voice, data, broadband, and digital TV, driving connectivity and digital transformation.
Airtel’s focus on innovation and customer service has earned it a strong market position. The company’s investments in network infrastructure and technology ensure high-quality services and continuous growth in the competitive telecom sector.
ICICI Bank Ltd
The Market Cap of ICICI Bank Ltd is ₹7,95,799.90 Crores. The stock has a monthly return of -1.60% and a 1-year return of 17.65%. It is currently 6.09% away from its 52-week high.
ICICI Bank Ltd is one of India’s largest private sector banks, offering a comprehensive suite of banking products and financial services. The bank’s strong focus on digital banking and technology has revolutionized customer experiences and streamlined operations.
ICICI Bank’s robust risk management and corporate governance practices ensure financial stability and trustworthiness. The bank’s extensive network and innovative solutions cater to diverse customer needs, supporting its leadership position in the banking industry.
State Bank of India
The Market Cap of the State Bank of India is ₹7,39,493.30 Crores. The stock has a monthly return of 3.69% and a 1-year return of 45.56%. It is currently 8.67% away from its 52-week high.
State Bank of India (SBI) is the largest public sector bank in India, providing a wide range of banking and financial services. With a vast network of branches and ATMs, SBI ensures accessibility and convenience for millions of customers nationwide.
The bank’s focus on digital transformation and innovative banking solutions has enhanced customer experiences. SBI’s robust financial performance and strong governance practices have solidified its position as a trusted and reliable financial institution in the country.
Infosys Ltd
The Market Cap of Infosys Ltd is ₹6,06,591.70 Crores. The stock has a monthly return of 4.71% and a 1-year return of 14.50%. It is currently 16.39% away from its 52-week high.
Infosys Ltd is a global leader in consulting, technology, and next-generation services. Known for its innovation and excellence, Infosys helps enterprises across the world drive digital transformation and achieve sustainable growth.
With a strong emphasis on research and development, Infosys delivers cutting-edge solutions in artificial intelligence, cloud computing, and data analytics. The company’s commitment to quality and client satisfaction has established it as a preferred partner for businesses globally.
Hindustan Unilever Ltd
The Market Cap of Hindustan Unilever Ltd is ₹5,56,629.90 Crores. The stock has a monthly return of 5.02% and a 1-year return of -8.11%. It is currently 11.69% away from its 52-week high.
Hindustan Unilever Ltd (HUL) is a leading consumer goods company in India, offering a wide range of products in categories such as personal care, home care, and food and beverages. HUL’s strong brand portfolio and market presence drive its success.
The company’s focus on sustainability and innovation ensures that it meets the evolving needs of consumers. HUL’s commitment to corporate social responsibility and ethical business practices has earned it a reputation as a trusted and respected brand in the market.
ITC Ltd
The Market Cap of ITC Ltd is ₹5,44,583.60 Crores. The stock has a monthly return of -0.06% and a 1-year return of -3.00%. It is currently 15.90% away from its 52-week high.
ITC Ltd is a diversified conglomerate with interests in FMCG, hotels, paperboards and packaging, agribusiness, and information technology. Known for its strong focus on sustainability, ITC has made significant strides in environmental and social responsibility.
The company’s innovative products and services cater to a wide range of consumer needs. ITC’s emphasis on quality and customer satisfaction has established it as a leading player in multiple industries, contributing to its robust financial performance.
Larsen and Toubro Ltd
The Market Cap of Larsen and Toubro Ltd is ₹4,98,472.10 Crores. The stock has a monthly return of 11.43% and a 1-year return of 56.59%. It is currently 6.29% away from its 52-week high.
Larsen and Toubro Ltd (L&T) is a leading engineering and construction company in India, renowned for its expertise in infrastructure development, technology, and financial services. L&T’s projects span various sectors, including energy, defense, and heavy engineering.
The company’s commitment to innovation and quality ensures the successful execution of complex projects. L&T’s robust risk management practices and strategic planning have solidified its position as a reliable and trusted name in the engineering and construction industry.
Nifty50 Equal Weight – FAQs
The Nifty50 Equal Weight Index comprises the same stocks as the Nifty50 but assigns each an equal weight, minimizing bias towards larger companies and providing a balanced representation of various sectors.
The Nifty50 Equal Weight Index consists of 50 companies. This index includes the same companies as the Nifty 50 Index.
The Nifty50 Equal Weight Index assigns equal weight to each of the 50 companies, while the Nifty 50 Index weights companies by market capitalization, giving more influence to larger companies.
Reliance Industries Ltd holds the highest weightage in the Nifty50 Equal Weight Index, ensuring it plays a significant role in influencing the index’s overall performance and market dynamics.
Investing in the Nifty50 Equal Weight can be beneficial as it offers diversified exposure across sectors and reduces the impact of any single stock, potentially leading to more stable and less volatile returns.
To buy the Nifty50 Equal Weight Index, invest through mutual funds or Exchange-Traded Funds (ETFs) that track this index. Open a brokerage account, search for the relevant fund or ETF, and purchase shares.
We hope you’re clear on the topic, but there’s more to explore in stocks, commodities, mutual funds, and related areas. Here are important topics to learn about.
Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.
