Nifty100 Alpha 30
The Nifty100 Alpha 30 index consists of 30 companies from its parent Nifty 100 index, selected based on their ‘alpha’ scores. The alpha score for each company is determined based on Jensen’s alpha computed using 1 year trailing prices.
The weight of each stock in the index is based on the combination of stock’s ‘alpha’ score and its free float market capitalization. The index can be used for a variety of purposes such as benchmarking, creation of index funds, ETFs and structured products.
- The index has a base date of April 01, 2005 and a base value of 1000.
- Stocks from Nifty 100 index at the time of review are eligible for inclusion in the index.
- 30 companies having a listing history of more than 1 year, with highest positive Jensen’s alpha are selected to be part of the index.
- The weight of each stock in the index is based on the combination of stock’s ‘alpha’ score and its free float market capitalization.
- Each Sector in the index is capped at 25%.
- Index is rebalanced quarterly.
Nifty100 Alpha 30 Constituents
| Price | 4,187.00 -89.20 (-2.09%) | 52 Week High | 4,678.00 |
|---|---|---|---|
| ISIN | INE117A01022 | 52 Week Low | 2,640.00 |
| Industry | Electrical Products | Volume | 250.1 T |
| Sector | Producer Manufacturing | P/E Ratio TTM | 85.04 |
| Market Cap | 906 B | 1 Year Beta | 0.74 |
| Price | 1,018.25 3.80 (0.37%) | 52 Week High | 1,047.50 |
|---|---|---|---|
| ISIN | INE238A01034 | 52 Week Low | 707.70 |
| Industry | Regional Banks | Volume | 7.1 M |
| Sector | Finance | P/E Ratio TTM | 25.27 |
| Market Cap | 3.1 T | 1 Year Beta | 0.90 |
| Price | 7,332.05 -14.55 (-0.20%) | 52 Week High | 7,640.00 |
|---|---|---|---|
| ISIN | INE118A01012 | 52 Week Low | 5,560.15 |
| Industry | Financial Conglomerates | Volume | 21,167 |
| Sector | Finance | P/E Ratio TTM | 15.41 |
| Market Cap | 817.6 B | 1 Year Beta | 0.63 |
| Price | 215.35 8.20 (3.96%) | 52 Week High | 219.65 |
|---|---|---|---|
| ISIN | INE028A01039 | 52 Week Low | 124.00 |
| Industry | Major Banks | Volume | 37.3 M |
| Sector | Finance | P/E Ratio TTM | 6.40 |
| Market Cap | 1.1 T | 1 Year Beta | 1.93 |
| Price | 136.05 0.80 (0.59%) | 52 Week High | 147.15 |
|---|---|---|---|
| ISIN | INE263A01024 | 52 Week Low | 87.00 |
| Industry | Aerospace & Defense | Volume | 12.6 M |
| Sector | Electronic Technology | P/E Ratio TTM | 31.43 |
| Market Cap | 988.3 B | 1 Year Beta | 1.24 |
| Price | 911.40 -6.55 (-0.71%) | 52 Week High | 948.70 |
|---|---|---|---|
| ISIN | INE397D01024 | 52 Week Low | 735.80 |
| Industry | Wireless Telecommunications | Volume | 6.1 M |
| Sector | Communications | P/E Ratio TTM | 65.05 |
| Market Cap | 5.1 T | 1 Year Beta | 0.66 |
| Price | 19,119.25 -68.60 (-0.36%) | 52 Week High | 19,990.00 |
|---|---|---|---|
| ISIN | INE323A01026 | 52 Week Low | 15,300.00 |
| Industry | Auto Parts: OEM | Volume | 13,390 |
| Sector | Producer Manufacturing | P/E Ratio TTM | 37.58 |
| Market Cap | 563.9 B | 1 Year Beta | 0.87 |
| Price | 4,564.65 6.10 (0.13%) | 52 Week High | 5,270.35 |
|---|---|---|---|
| ISIN | INE216A01030 | 52 Week Low | 3,690.00 |
| Industry | Food: Specialty/Candy | Volume | 210.8 T |
| Sector | Consumer Non-Durables | P/E Ratio TTM | 45.03 |
| Market Cap | 1.1 T | 1 Year Beta | 0.64 |
| Price | 382.95 18.50 (5.08%) | 52 Week High | 386.00 |
|---|---|---|---|
| ISIN | INE476A01014 | 52 Week Low | 207.50 |
| Industry | Regional Banks | Volume | 32.8 M |
| Sector | Finance | P/E Ratio TTM | 5.42 |
| Market Cap | 660.7 B | 1 Year Beta | 2.42 |
| Price | 1,188.20 0.00 (0.00%) | 52 Week High | 1,240.00 |
|---|---|---|---|
| ISIN | INE121A01024 | 52 Week Low | 658.00 |
| Industry | Finance/Rental/Leasing | Volume | 2.2 M |
| Sector | Finance | P/E Ratio TTM | 34.77 |
| Market Cap | 977.1 B | 1 Year Beta | 1.41 |
| Price | 283.35 2.90 (1.03%) | 52 Week High | 288.00 |
|---|---|---|---|
| ISIN | INE522F01014 | 52 Week Low | 207.60 |
| Industry | Coal | Volume | 8.7 M |
| Sector | Energy Minerals | P/E Ratio TTM | 6.40 |
| Market Cap | 1.7 T | 1 Year Beta | 1.24 |
| Price | 516.55 -0.35 (-0.07%) | 52 Week High | 544.45 |
|---|---|---|---|
| ISIN | INE271C01023 | 52 Week Low | 336.50 |
| Industry | Real Estate Development | Volume | 1.9 M |
| Sector | Finance | P/E Ratio TTM | 61.08 |
| Market Cap | 1.3 T | 1 Year Beta | 1.53 |
| Price | 3,409.45 -26.40 (-0.77%) | 52 Week High | 3,889.65 |
|---|---|---|---|
| ISIN | INE066A01021 | 52 Week Low | 2,836.00 |
| Industry | Motor Vehicles | Volume | 393.5 T |
| Sector | Consumer Durables | P/E Ratio TTM | 29.00 |
| Market Cap | 939.5 B | 1 Year Beta | 0.81 |
| Price | 986.15 -1.35 (-0.14%) | 52 Week High | 1,102.05 |
|---|---|---|---|
| ISIN | INE102D01028 | 52 Week Low | 793.85 |
| Industry | Household/Personal Care | Volume | 1.5 M |
| Sector | Consumer Non-Durables | P/E Ratio TTM | 60.17 |
| Market Cap | 1 T | 1 Year Beta | 0.01 |
| Price | 1,529.65 -23.70 (-1.53%) | 52 Week High | 1,757.50 |
|---|---|---|---|
| ISIN | INE040A01034 | 52 Week Low | 1,365.00 |
| Industry | Regional Banks | Volume | 30.9 M |
| Sector | Finance | P/E Ratio TTM | 17.56 |
| Market Cap | 11.8 T | 1 Year Beta | 1.04 |
| Price | 3,870.00 -45.45 (-1.16%) | 52 Week High | 4,170.00 |
|---|---|---|---|
| ISIN | INE066F01012 | 52 Week Low | 2,241.05 |
| Industry | Aerospace & Defense | Volume | 745.4 T |
| Sector | Electronic Technology | P/E Ratio TTM | 21.49 |
| Market Cap | 1.3 T | 1 Year Beta | 1.20 |
| Price | 2,482.45 9.10 (0.37%) | 52 Week High | 2,769.65 |
|---|---|---|---|
| ISIN | INE030A01027 | 52 Week Low | 2,393.00 |
| Industry | Household/Personal Care | Volume | 1.2 M |
| Sector | Consumer Non-Durables | P/E Ratio TTM | 56.67 |
| Market Cap | 5.8 T | 1 Year Beta | 0.07 |
| Price | 950.30 -9.00 (-0.94%) | 52 Week High | 1,008.70 |
|---|---|---|---|
| ISIN | INE090A01021 | 52 Week Low | 796.00 |
| Industry | Regional Banks | Volume | 12.7 M |
| Sector | Finance | P/E Ratio TTM | 18.15 |
| Market Cap | 6.7 T | 1 Year Beta | 1.19 |
| Price | 1,452.90 41.60 (2.95%) | 52 Week High | 1,475.65 |
|---|---|---|---|
| ISIN | INE095A01012 | 52 Week Low | 990.00 |
| Industry | Major Banks | Volume | 4.4 M |
| Sector | Finance | P/E Ratio TTM | 14.22 |
| Market Cap | 1.1 T | 1 Year Beta | 1.42 |
| Price | 443.10 -4.40 (-0.98%) | 52 Week High | 499.70 |
|---|---|---|---|
| ISIN | INE154A01025 | 52 Week Low | 323.25 |
| Industry | Tobacco | Volume | 7.5 M |
| Sector | Consumer Non-Durables | P/E Ratio TTM | 27.69 |
| Market Cap | 5.6 T | 1 Year Beta | 0.85 |
| Price | 2,918.50 19.15 (0.66%) | 52 Week High | 3,009.00 |
|---|---|---|---|
| ISIN | INE018A01030 | 52 Week Low | 1,797.40 |
| Industry | Engineering & Construction | Volume | 2 M |
| Sector | Industrial Services | P/E Ratio TTM | 36.44 |
| Market Cap | 4.1 T | 1 Year Beta | 0.88 |
| Price | 1,607.15 23.90 (1.51%) | 52 Week High | 1,670.00 |
|---|---|---|---|
| ISIN | INE101A01026 | 52 Week Low | 1,123.40 |
| Industry | Motor Vehicles | Volume | 3.8 M |
| Sector | Consumer Durables | P/E Ratio TTM | 15.50 |
| Market Cap | 2 T | 1 Year Beta | 0.99 |
| Price | 10,535.15 250.85 (2.44%) | 52 Week High | 10,623.65 |
|---|---|---|---|
| ISIN | INE585B01010 | 52 Week Low | 8,076.05 |
| Industry | Motor Vehicles | Volume | 986.2 T |
| Sector | Consumer Durables | P/E Ratio TTM | 32.81 |
| Market Cap | 3.1 T | 1 Year Beta | 0.89 |
| Price | 3,415.60 -30.25 (-0.88%) | 52 Week High | 4,011.15 |
|---|---|---|---|
| ISIN | INE603J01030 | 52 Week Low | 2,868.90 |
| Industry | Chemicals: Specialty | Volume | 400.7 T |
| Sector | Process Industries | P/E Ratio TTM | 38.38 |
| Market Cap | 522.9 B | 1 Year Beta | 1.27 |
| Price | 3,689.05 -50.95 (-1.36%) | 52 Week High | 4,068.85 |
|---|---|---|---|
| ISIN | INE003A01024 | 52 Week Low | 2,672.00 |
| Industry | Electrical Products | Volume | 143,688 |
| Sector | Producer Manufacturing | P/E Ratio TTM | 77.92 |
| Market Cap | 1.3 T | 1 Year Beta | 0.55 |
| Price | 598.15 10.00 (1.70%) | 52 Week High | 629.55 |
|---|---|---|---|
| ISIN | INE062A01020 | 52 Week Low | 499.35 |
| Industry | Regional Banks | Volume | 18.8 M |
| Sector | Finance | P/E Ratio TTM | 7.98 |
| Market Cap | 5.3 T | 1 Year Beta | 1.61 |
| Price | 1,132.35 -13.80 (-1.20%) | 52 Week High | 1,169.70 |
|---|---|---|---|
| ISIN | INE044A01036 | 52 Week Low | 892.05 |
| Industry | Pharmaceuticals: Major | Volume | 1.6 M |
| Sector | Health Technology | P/E Ratio TTM | 32.21 |
| Market Cap | 2.7 T | 1 Year Beta | 0.29 |
| Price | 1,850.40 -24.00 (-1.28%) | 52 Week High | 2,094.55 |
|---|---|---|---|
| ISIN | INE685A01028 | 52 Week Low | 1,445.55 |
| Industry | Pharmaceuticals: Major | Volume | 498.7 T |
| Sector | Health Technology | P/E Ratio TTM | 49.70 |
| Market Cap | 634.5 B | 1 Year Beta | 0.30 |
| Price | 8,187.40 -126.15 (-1.52%) | 52 Week High | 8,750.95 |
|---|---|---|---|
| ISIN | INE481G01011 | 52 Week Low | 6,005.00 |
| Industry | Construction Materials | Volume | 524.8 T |
| Sector | Non-Energy Minerals | P/E Ratio TTM | 45.70 |
| Market Cap | 2.4 T | 1 Year Beta | 1.09 |
| Price | 918.25 3.75 (0.41%) | 52 Week High | 942.00 |
|---|---|---|---|
| ISIN | INE200M01021 | 52 Week Low | 482.55 |
| Industry | Beverages: Non-Alcoholic | Volume | 1.5 M |
| Sector | Consumer Non-Durables | P/E Ratio TTM | 63.51 |
| Market Cap | 1.2 T | 1 Year Beta | 0.88 |
Nifty100 Alpha 30 Methodolgy
• The index has a base date of April 01, 2005 and a base value of 1000.
• Stocks from Nifty 100 index at the time of review are eligible for inclusion in the index.
• 30 companies having a listing history of more than 1 year, with highest positive Jensen’s alpha are selected to be part of the index.
• The weight of each stock in the index is based on the combination of stock’s ‘alpha’ score and its free float market capitalization.
• Each Sector in the index is capped at 25%Index is rebalanced quarterly
• Stocks from Nifty 100 index at the time of review are eligible for inclusion in the index.
• 30 companies having a listing history of more than 1 year, with highest positive Jensen’s alpha are selected to be part of the index.
• The weight of each stock in the index is based on the combination of stock’s ‘alpha’ score and its free float market capitalization.
• Each Sector in the index is capped at 25%Index is rebalanced quarterly
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