The table below shows the Nifty500 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 |
| State Bank of India | 739,493.30 | 839.20 |
| NTPC Ltd | 363,576.50 | 368.45 |
| Oil and Natural Gas Corporation Ltd | 356,336.40 | 275.40 |
| Hindustan Zinc Ltd | 313,793.30 | 661.90 |
| Coal India Ltd | 308,752.70 | 486.95 |
| Power Grid Corporation of India Ltd | 296,503.20 | 321.50 |
| Indian Oil Corporation Ltd | 238,366.50 | 170.36 |
| Vedanta Ltd | 170,976.90 | 439.80 |
| Grasim Industries Ltd | 168,065.00 | 2,471.20 |
| Power Finance Corporation Ltd | 162,249.50 | 510.05 |
| Hindalco Industries Ltd | 150,602.00 | 683.60 |
| REC Limited | 145,893.80 | 532.65 |
| Tata Power Company Ltd | 142,895.60 | 448.65 |
| Bharat Petroleum Corporation Ltd | 141,890.80 | 626.65 |
| Punjab National Bank | 139,234.30 | 128.94 |
| Bank of Baroda Ltd | 139,083.80 | 286.25 |
| Gail (India) Ltd | 134,427.50 | 221.83 |
Table of contents
- Nifty500 Equal Weight Meaning
- Features Of The Nifty500 Equal Weight
- Nifty500 Equal Weight Stocks Weightage
- Nifty500 Equal Weight Companies List
- How To Buy Nifty500 Equal Weight?
- Advantages of Nifty500 Equal Weight
- Disadvantages of Nifty500 Equal Weight
- Introduction to Top Nifty500 Equal Weight
- Nifty500 Equal Weight – FAQs
Nifty500 Equal Weight Meaning
Nifty500 Equal Weight is an index where each of the 500 companies in the Nifty 500 index is assigned an equal weight. This approach ensures balanced exposure across all constituents, avoiding concentration in a few large-cap stocks and promoting a diversified investment strategy.
Features Of The Nifty500 Equal Weight
The main features of the Nifty500 Equal Weight index include its equal weighting methodology, diversified sector representation, balanced exposure to large, mid, and small-cap stocks, and periodic rebalancing to maintain equal weights across all constituents.
- Equal Weighting: Each company in the index has an equal weight, ensuring balanced exposure.
- Sector Diversification: Provides broad sector representation, reducing concentration risk.
- Balanced Market Cap: Includes large, mid, and small-cap stocks, promoting a diversified portfolio.
- Regular Rebalancing: Periodically rebalanced to maintain equal weights, ensuring consistent exposure to all companies.
Nifty500 Equal Weight Stocks Weightage
The table below shows the Nifty500 Equal Weight Weightage Stocks
| Name | Weightage |
| Reliance Industries Ltd | 5.36 % |
| Tata Consultancy Services Ltd | 3.62 % |
| Hdfc Bank Ltd | 3.13 % |
| Bharti Airtel Ltd | 2.17 % |
| Icici Bank Ltd | 2.16 % |
| State Bank Of India | 1.91 % |
| Infosys Ltd | 1.70 % |
| Life Insurance Corporation Of India | 1.60 % |
| Hindustan Unilever Ltd | 1.49 % |
| Itc Ltd | 1.35 % |
Nifty500 Equal Weight Companies List
The table below shows the Nifty500 Equal Weight Companies List based on 1 Year Return.
| Name | 1Y Return % | Close Price |
| Bharat Heavy Electricals Ltd | 264.58 | 305.70 |
| REC Limited | 246.55 | 532.65 |
| Power Finance Corporation Ltd | 217.10 | 510.05 |
| Punjab National Bank | 148.92 | 128.94 |
| NMDC Ltd | 145.43 | 267.40 |
| National Aluminium Co Ltd | 124.33 | 191.91 |
| Hindustan Zinc Ltd | 119.06 | 661.90 |
| Coal India Ltd | 112.69 | 486.95 |
| CESC Ltd | 108.86 | 149.75 |
| Gail (India) Ltd | 106.93 | 221.83 |
| Union Bank of India Ltd | 103.11 | 146.24 |
| Birlasoft Ltd | 100.43 | 677.95 |
| Tata Power Company Ltd | 100.16 | 448.65 |
| PTC India Ltd | 100.06 | 211.66 |
| Canara Bank Ltd | 98.41 | 120.81 |
| NTPC Ltd | 96.82 | 368.45 |
| LIC Housing Finance Ltd | 96.23 | 731.65 |
| Hindustan Petroleum Corp Ltd | 94.38 | 536.30 |
| Indian Oil Corporation Ltd | 82.89 | 170.36 |
| Steel Authority of India Ltd | 81.27 | 153.63 |
How To Buy Nifty500 Equal Weight?
To buy Nifty500 Equal Weight, invest in mutual funds or exchange-traded funds (ETFs) that track this index. You can do this through a brokerage account, either online or through a financial advisor, by searching for funds that specifically aim to replicate the performance of the Nifty500 Equal Weight index.
Advantages of Nifty500 Equal Weight
The main advantage of Nifty500 Equal Weight is its balanced exposure across 500 companies, reducing the concentration risk typically found in market-cap-weighted indices and promoting broader market representation.
- Balanced Exposure: Each company has an equal weight, ensuring no single stock dominates the index.
- Diversification: Provides exposure to 500 companies across various sectors, enhancing diversification.
- Reduced Risk: Limits the impact of any single stock’s poor performance on the overall index.
- Broad Market Representation: Reflects the performance of a wide range of companies, offering a comprehensive market view.
Disadvantages of Nifty500 Equal Weight
The main disadvantage of Nifty500 Equal Weight is its potential underperformance during market upswings, as larger, high-growth companies have the same weight as smaller firms, potentially limiting gains.
- Underperformance: Equal weighting may cause underperformance compared to market-cap-weighted indices during strong market rallies.
- Higher Turnover: Regular rebalancing to maintain equal weights can lead to higher transaction costs.
- Less Focus on Leaders: High-performing large-cap stocks have the same influence as smaller companies, which may dilute returns.
- Volatility: Equal weight indices can be more volatile as they give smaller companies equal importance, which may increase risk.
Introduction to Top Nifty500 Equal Weight
Reliance Industries Ltd
The Market Cap of Reliance Industries Ltd is ₹20,02,983.00 Crores. The stock has a 1-month return of 3.86% and a 1-year return of 27.56%. The stock is 2.50% away from its 52-week high.
Reliance Industries Ltd, founded by Dhirubhai Ambani in 1966, is a diversified conglomerate with interests in petrochemicals, refining, oil, telecommunications, and retail. It is one of India’s most valuable companies by market capitalization.
Reliance Industries has revolutionized India’s digital landscape with its telecom venture, Jio. The company continues to expand its footprint in various sectors, driving significant economic growth and innovation in the country.
Tata Consultancy Services Ltd
The Market Cap of Tata Consultancy Services Ltd is ₹13,92,783.00 Crores. The stock has a 1-month return of -1.54% and a 1-year return of 17.87%. The stock is 11.03% away from its 52-week high.
Tata Consultancy Services Ltd (TCS), established in 1968, is a global leader in IT services, consulting, and business solutions. It operates in more than 46 countries, offering a wide range of technology and business services.
TCS is renowned for its commitment to innovation, employee development, and customer satisfaction. The company plays a pivotal role in transforming businesses worldwide through digital and IT solutions.
HDFC Bank Ltd
The Market Cap of HDFC Bank Ltd is ₹11,53,546.00 Crores. The stock has a 1-month return of 8.45% and a 1-year return of -0.30%. The stock is 10.06% away from its 52-week high.
HDFC Bank Ltd, founded in 1994, is one of India’s leading private-sector banks. It offers a wide range of banking products and financial services to individuals and businesses across the country.
HDFC Bank is known for its strong focus on customer service, technology-driven initiatives, and robust financial performance. It continues to play a significant role in India’s banking industry and economic development.
State Bank of India
The Market Cap of the State Bank of India is ₹7,39,493.30 Crores. The stock has a 1-month return of 3.69% and a 1-year return of 45.56%. The stock is 8.67% away from its 52-week high.
State Bank of India (SBI), established in 1955, is the largest public sector bank in India. It offers a comprehensive range of banking and financial services to millions of customers across the country.
SBI plays a crucial role in supporting India’s economic growth by providing financial assistance to various sectors, including agriculture, industry, and services. Its extensive branch network and digital banking initiatives enhance customer convenience.
NTPC Ltd
The Market Cap of NTPC Ltd is ₹3,63,576.50 Crores. The stock has a 1-month return of 4.71% and a 1-year return of 96.82%. The stock is 6.72% away from its 52-week high.
NTPC Ltd, formerly National Thermal Power Corporation, was established in 1975. It is India’s largest power generation company, focusing on the generation and sale of electricity to state-owned power distribution companies.
NTPC is committed to sustainable energy practices and has made significant investments in renewable energy projects. The company plays a vital role in meeting India’s growing energy demands while adhering to environmental standards.
Oil and Natural Gas Corporation Ltd
The Market Cap of Oil and Natural Gas Corporation Ltd is ₹3,56,336.40 Crores. The stock has a 1-month return of 2.58% and a 1-year return of 74.47%. The stock is 6.37% away from its 52-week high.
Oil and Natural Gas Corporation Ltd (ONGC), established in 1956, is India’s largest crude oil and natural gas company. It is crucial in ensuring India’s energy security by exploring and producing hydrocarbons across the country.
ONGC has a diversified portfolio, including offshore and onshore operations. The company is also expanding its footprint in renewable energy, supporting India’s transition to a sustainable energy future.
Hindustan Zinc Ltd
The Market Cap of Hindustan Zinc Ltd is ₹3,13,793.30 Crores. The stock has a 1-month return of 18.02% and a 1-year return of 119.06%. The stock is 22.03% away from its 52-week high.
Hindustan Zinc Ltd, a subsidiary of Vedanta Limited, is India’s largest and the world’s second-largest zinc producer. Established in 1966, the company is a major player in the mining and smelting of zinc, lead, and silver.
Hindustan Zinc is recognized for its sustainable mining practices and strong focus on community development. It consistently contributes to the nation’s industrial growth and economic development.
Coal India Ltd
The Market Cap of Coal India Ltd is ₹3,08,752.70 Crores. The stock has a 1-month return of 8.47% and a 1-year return of 112.69%. The stock is 8.31% away from its 52-week high.
Coal India Ltd (CIL), established in 1975, is the world’s largest coal-producing company. It operates numerous coal mines across India, supplying a significant portion of the country’s energy requirements.
CIL plays a crucial role in powering India’s industrial and economic activities. The company is also focusing on sustainable mining practices and improving operational efficiency to meet future energy demands.
Power Grid Corporation of India Ltd
The Market Cap of Power Grid Corporation of India Ltd is ₹2,96,503.20 Crores. The stock has a 1-month return of 4.01% and a 1-year return of 73.90%. The stock is 8.46% away from its 52-week high.
Power Grid Corporation of India Ltd, established in 1989, is India’s leading electric power transmission company. It operates a vast network of transmission lines, ensuring reliable and efficient electricity supply across the country.
Power Grid is vital for integrating renewable energy sources into the national grid. Continuous infrastructure development supports India’s growing energy needs and enhances grid stability.
Indian Oil Corporation Ltd
The Market Cap of Indian Oil Corporation Ltd is ₹2,38,366.50 Crores. The stock has a 1-month return of 5.86% and a 1-year return of 82.89%. The stock is 15.52% away from its 52-week high.
Indian Oil Corporation Ltd (IOCL), established in 1959, is India’s largest commercial enterprise. It operates in refining, pipeline transportation, and marketing of petroleum products, serving millions of customers nationwide.
IOCL is a key player in India’s energy diversification efforts, investing in alternative energy sources like biofuels and solar energy. Its extensive distribution network ensures energy accessibility across the country.
Nifty500 Equal Weight – FAQs
Nifty500 Equal Weight is an index where each of the 500 companies has equal weight, providing balanced exposure across all constituents.
Nifty500 Equal Weight includes 500 companies, each given an equal weight, from the broader Nifty 500 index.
Reliance Industries Ltd has a weightage of 5.36% in the Nifty500 Equal Weight index making it the most heavily weighted stock in the equally-weighted version of the Nifty500 index.
The difference between Nifty 50 and Nifty500 Equal Weight lies in their composition; Nifty 50 comprises 50 large-cap stocks with weighted averages, while Nifty500 Equal Weight includes 500 stocks with equal weights.
Investing in Nifty500 Equal Weight can be beneficial for those seeking diversified, balanced exposure across 500 companies, reducing concentration risk.
To buy Nifty500 Equal Weight, open a brokerage account, search for ETFs or mutual funds tracking this index, and purchase shares through the broker’s platform, aligning with your investment plan.
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.
