Nifty Alpha 50
FactsheetNifty Alpha 50 Index aims to measure the performance of securities listed on NSE with high alphas. It is a well-diversified 50 stock index. In order to make the 50 stock index investible and replicable, criteria's such as liquidity and market capitalization are applied while selection of securities. Weights of securities in the index are assigned based on the alpha values i.e. security with highest alpha in the index gets highest weight. Nifty Alpha 50 Index can be used for a variety of purposes such as benchmarking fund portfolios, launching of index funds, ETFs and structured products.
53,620.20-215.1 (-0.40%) D
Note: Live price is not available for this index. Showing closing price. For historical calculations, prices are adjusted for splits, bonus and rights issue. Percentage change shown is absolute irrespective of the period.
1 Week returns: -0.06 %
Low
52,952.3
High
54,097.3
1 Month returns: 2.88 %
Low
50,672.5
High
54,941.4
1 Year returns: -0.20 %
Low
44,107.7
High
54,941.4
3 Year CAGR: 18.96 %
Low
31,455.4
High
61,682.0
5 Year CAGR: 14.56 %
Low
24,831.3
High
61,682.0
Historical Performance
Constituents
Frequently Asked Questions
What is the current level of Nifty Alpha 50?
Nifty Alpha 50 is currently at 53,518.8. Over the past 1 week, the index has declined 0.06%. The 52-week high is 54,941.4 and the 52-week low is 44,107.7.
What is the 1-year return of Nifty Alpha 50?
Nifty Alpha 50 has delivered a 1-year point-to-point return of -0.20%. Over 3 years, the CAGR is 18.96% and over 5 years it is 14.56%. Detailed returns across all timeframes are shown in the Price & Range Analysis section.
What is the 3-year CAGR of Nifty Alpha 50?
Nifty Alpha 50 has delivered a 3-year CAGR of 18.96% and a 5-year CAGR of 14.56%. The 1-year return is -0.20%. CAGR (Compound Annual Growth Rate) represents the steady annual return an investor would have earned over the period.
What is the 5-year CAGR of Nifty Alpha 50?
Nifty Alpha 50 has delivered a 5-year CAGR of 14.56%, compared to a 3-year CAGR of 18.96% and a 1-year return of -0.20%. The 5-year CAGR is the most reliable measure of long-term index performance as it smooths out short-term market cycles.
What is the P/E ratio of Nifty Alpha 50?
The current P/E (Price-to-Earnings) ratio of Nifty Alpha 50 is 24.85. The P/E ratio is the aggregate of the price-to-earnings multiples of all constituent stocks weighted by their index weight. A higher P/E than historical averages may indicate expensive valuations — compare with historical P/E trends in the Fundamentals tab.
What is the P/B ratio of Nifty Alpha 50?
The current P/B (Price-to-Book) ratio of Nifty Alpha 50 is 5.19 and the P/E ratio is 24.85. P/B ratio compares the index's market value to the collective book value of its constituent companies. Historical P/B trends and comparisons are available in the Fundamentals tab.
What is the dividend yield of Nifty Alpha 50?
The aggregate dividend yield of Nifty Alpha 50 is 0.76%. This is the weighted average dividend yield of all constituent stocks and represents the income return from the index if held as a portfolio. Historical dividend yield trends are shown in the Fundamentals tab.
How many stocks are in Nifty Alpha 50?
Nifty Alpha 50 consists of 50 constituent stocks. The index covers 50 companies, providing broad sector diversification across India's listed market. The full constituent list with individual performance can be viewed in the Stock Technicals tab.
What is the 52-week high and low of Nifty Alpha 50?
Nifty Alpha 50's 52-week high is 54,941.4 and the 52-week low is 44,107.7. At the current level of 53,518.8, the index is 2.59% below its 52-week high. The 52-week range reflects the full extent of market movement over the past year.
What is the recent 1-week and 1-month performance of Nifty Alpha 50?
Nifty Alpha 50 has declined 0.06% over 1 week and gained 2.88% over 1 month. The 1-year return is -0.20%. Full return breakdown across all timeframes is in the Price & Range Analysis section.