[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"detail-sidebar-cat-1-en-105":3,"doc-seo-564427-105":53,"doc-detail-564427-en":126},{"code":4,"msg":5,"data":6},0,"success",[7,14,19,24,29,34,39,44,49],{"id":8,"doc_module":9,"doc_module_name":10,"category_name":11,"show_sort_weight":12,"slug":13},11,1,"Template","Presentations",90,"presentations",{"id":15,"doc_module":9,"doc_module_name":10,"category_name":16,"show_sort_weight":17,"slug":18},12,"Resumes",80,"resumes",{"id":20,"doc_module":9,"doc_module_name":10,"category_name":21,"show_sort_weight":22,"slug":23},14,"Invoices",70,"invoices",{"id":25,"doc_module":9,"doc_module_name":10,"category_name":26,"show_sort_weight":27,"slug":28},15,"Posters",60,"posters",{"id":30,"doc_module":9,"doc_module_name":10,"category_name":31,"show_sort_weight":32,"slug":33},16,"Social Media",50,"social-media",{"id":35,"doc_module":9,"doc_module_name":10,"category_name":36,"show_sort_weight":37,"slug":38},17,"Forms",40,"forms",{"id":40,"doc_module":9,"doc_module_name":10,"category_name":41,"show_sort_weight":42,"slug":43},18,"Letters",30,"letters",{"id":45,"doc_module":9,"doc_module_name":10,"category_name":46,"show_sort_weight":47,"slug":48},21,"Paper Templates",5,"papers-templates",{"id":50,"doc_module":9,"doc_module_name":10,"category_name":51,"show_sort_weight":4,"slug":52},158,"General","general-158",{"code":4,"msg":54,"data":55},"ok",{"site_id":56,"language":57,"slug":58,"title":59,"keywords":60,"description":61,"schema_data":62,"social_meta":119,"head_meta":121,"extra_data":123,"updated_unix":125},105,"en","nifty-bank-index-index-factsheet-september-30-2026","Nifty Bank Index - Index Factsheet - September 30, 2026","","Nifty Bank Index tracks the most liquid and large Indian banking stocks, selecting up to 14 constituents listed on the National Stock Exchange of India (NSE). The index is calculated using a free-float market capitalization methodology and is computed with real-time frequency. Designed for benchmarking and fund-linked products, it includes index variant information such as Nifty Bank Total Returns Index. Key portfolio, performance, risk, and valuation indicators are summarized, along with semi-annual rebalancing governance and constituent eligibility criteria.",{"@graph":63,"@context":118},[64,80,101],{"@type":65,"itemListElement":66},"BreadcrumbList",[67,71,74,77],{"item":68,"name":69,"@type":70,"position":9},"https://docshare.wps.com","Home","ListItem",{"item":72,"name":10,"@type":70,"position":73},"https://docshare.wps.com/template/",2,{"item":75,"name":11,"@type":70,"position":76},"https://docshare.wps.com/template/presentations/",3,{"item":78,"name":59,"@type":70,"position":79},"https://docshare.wps.com/template/nifty-bank-index-index-factsheet-september-30-2026/564427/",4,{"url":78,"name":59,"@type":81,"image":82,"author":87,"headline":59,"publisher":90,"fileFormat":93,"inLanguage":57,"description":61,"dateModified":94,"datePublished":95,"encodingFormat":93,"isAccessibleForFree":96,"interactionStatistic":97},"DigitalDocument",{"url":83,"@type":84,"width":85,"height":86},"https://docshare.wps.com/thumbnails/nifty-bank-index-index-factsheet-september-30-2026/564427.png","ImageObject",442,249,{"name":88,"@type":89},"Franzy","Person",{"url":68,"name":91,"@type":92},"DocShare","Organization","application/pdf","2026-10-23","2026-10-12",true,{"@type":98,"interactionType":99,"userInteractionCount":47},"InteractionCounter",{"@type":100},"ViewAction",{"@type":102,"mainEntity":103},"FAQPage",[104,110,114],{"name":105,"@type":106,"acceptedAnswer":107},"What is the Nifty Bank Index designed to measure?","Question",{"text":108,"@type":109},"It represents the capital market performance of liquid and large Indian banking stocks on the NSE, using up to 14 constituent companies.","Answer",{"name":111,"@type":106,"acceptedAnswer":112},"How is the index calculated and how often is it updated?",{"text":113,"@type":109},"It is computed using the free-float market capitalization method and uses a real-time calculation frequency.",{"name":115,"@type":106,"acceptedAnswer":116},"When and how does index rebalancing occur?",{"text":117,"@type":109},"The index is rebalanced semi-annually, based on cut-off dates of January 31 and July 31, using average data for the preceding six months.","https://schema.org",{"og:url":78,"og:type":120,"og:title":59,"og:site_name":91,"og:description":61},"article",{"robots":122,"canonical":78},"index,follow",{"doc_id":124,"site_id":56},564427,1792337931,{"code":4,"msg":5,"data":127},{"doc_id":124,"user_id":128,"nickname":88,"user_avatar":129,"doc_module":9,"category_id":8,"category_name":11,"doc_title":59,"doc_description":61,"doc_content":130,"file_id":131,"file_url":132,"file_type":133,"file_size":134,"view_count":47,"is_deleted":4,"is_public":9,"is_downloadable":9,"audit_status":9,"page_count":73,"language":135,"language_code":57,"site_id":56,"html_lang":57,"table_of_contents":136,"faqs":137,"seo_title":138,"seo_description":61,"update_tm":139,"read_time":9},2336478945519,"https://ap-avatar.wpscdn.com/davatar_085a072bc5b1113ac321206ff7593b45","September 30, 2026  \nThe Nifty Bank Index comprises of the most liquid and large Indian Banking stocks. It provides investors and market intermediaries a benchmark that captures the capital market performance of the Indian banks. The Index comprises of maximum 14 companies listed on National Stock Exchange of India (NSE) .  \nNifty Bank Index is computed using free float market capitalization method.  \nNifty Bank Index can be used for a variety of purposes such as benchmarking fund portfolios, launching of index funds, ETFs and structured products.  \nIndex Variant: Nifty Bank Total Returns Index.  \nPortfolio Characteristics  \n\n| Methodology | Periodic Capped Free Float |\n| --- | --- |\n| No. of Constituents | 14 |\n| Launch Date | September 15, 2003 |\n| Base Date | January 01, 2000 |\n| Base Value | 1000 |\n| Calculation Frequency | Real-Time |\n| Index Rebalancing | Semi-Annually |\n\n| Index\u003Cbr>Returns (%) \\# | QTD | YTD | 1 Year | 5 Years | Since\u003Cbr>Inception |\n| --- | --- | --- | --- | --- | --- |\n| Price Return | -5.06 | -8.31 | -0.01 | 7.86 | 16.12 |\n| Total Return | -4.88 | -7.70 | 0.65 | 8.72 | 17.60 |\n\n\n| Statistics \\#\\# | 1 Year | 5 Years | Since\u003Cbr>Inception |\n| --- | --- | --- | --- |\n| Std. Deviation * | 16.98 | 16.96 | 27.94 |\n| Beta (NIFTY 50) | 1.15 | 1.07 | 1.09 |\n| Correlation (NIFTY 50) | 0.91 | 0.87 | 0.84 |\n\nFundamentals  \n\n| P/E | P/B | Dividend Yield |\n| --- | --- | --- |\n| 12.95 | 1.65 | 0.72 |\n\nTop constituents by weightage  \n\n| Company’s Name | Weight(%) |\n| --- | --- |\n| HDFC Bank Ltd. | 18.61 |\n| ICICI Bank Ltd. | 14.18 |\n| Kotak Mahindra Bank Ltd. | 10.20 |\n| Axis Bank Ltd. | 10.06 |\n| State Bank of India | 9.93 |\n| Federal Bank Ltd. | 6.56 |\n| IndusInd Bank Ltd. | 4.97 |\n| AU Small Finance Bank Ltd. | 4.85 |\n| IDFC First Bank Ltd. | 4.54 |\n| Bank of Baroda | 3.59 |\n\n\\#\\# Based on Price Return Index.  \n\\# QTD,YTD and 1 year returns are absolute returns.Returns for greater than one year are CAGR returns.  \n* Average daily standard deviation annualised  \nDisclaimer: All information contained herewith is provided for reference purpose only. NSE Indices Limited (formerly known as India Index Services & Products Limited-IISL) ensures accuracy and reliability of the above information to the best of its endeavors. However, NSE Indices Limited makes no warranty or representation as to the accuracy, completeness or reliability of any of the information contained herein and disclaim any and all liability whatsoever to any person for any damage or loss of any nature arising from or as a result of reliance on any of the information provided herein. The information contained in this document is not intended to provide any professional advice.  \n1  \n\n| |\n| --- |\n| September 30, 2026 |\n\n\n| Index Methodology |\n| --- |\n| Eligibility Criteria for Selection of Constituent Stocks:\u003Cbr>i. Companies should form part of Nifty 500 at the time of review. In case, the number of eligible stocks representing a particular sector within Nifty 500 falls below 10, then deficit number of stocks shall be selected from the universe of stocks ranked within top 800 based on both average daily turnover and average daily full market capitalisation based on previous six months period data used for index rebalancing of Nifty 500.\u003Cbr>ii. Companies should form a part of the Banking sector.\u003Cbr>iii. The company's trading frequency should be at least 90% in the last six months.\u003Cbr>iv. The Company should have a minimum listing history of 1 month as on the cutoff date.\u003Cbr>v. Preference is given to companies that are allowed to trade in F&O segment to be constituent of the index.\u003Cbr>vi. Final selection of 14 companies shall be done based on the free-float market capitalization of the companies.\u003Cbr>Index Re-Balancing:\u003Cbr>Index is re-balanced on semi-annual basis. The cut-off date is January 31 and July 31 of each year, i.e. For semi-annual review of indices, average data for six months ending the cut-off date is considered. Four weeks prior notice is given","cbCaisETKXaqvk4R","https://ap.wps.com/l/cbCaisETKXaqvk4R","pdf",318460,"English","# Index Overview\n## Index Variant and Portfolio Characteristics\n# Index Returns and Statistics\n## Returns\n## Statistics and Fundamentals\n# Index Fundamentals and Constituents\n## Top Constituents by Weight\n# Index Methodology\n## Eligibility Criteria for Selection of Constituent Stocks\n## Index Re-Balancing and Index Governance\n# Key Indices and Contact","[{\"question\":\"What is the Nifty Bank Index designed to measure?\",\"answer\":\"It represents the capital market performance of liquid and large Indian banking stocks on the NSE, using up to 14 constituent companies.\"},{\"question\":\"How is the index calculated and how often is it updated?\",\"answer\":\"It is computed using the free-float market capitalization method and uses a real-time calculation frequency.\"},{\"question\":\"When and how does index rebalancing occur?\",\"answer\":\"The index is rebalanced semi-annually, based on cut-off dates of January 31 and July 31, using average data for the preceding six months.\"}]","Nifty Bank Index - Index Factsheet - September 30, 2026 | PDF",1791842081]