Nifty India Select 5 Corporate Groups Share Price

The Nifty India Select 5 Corporate Groups index tracks listed companies from five of India's biggest business houses — Mahindra, Aditya Birla, Adani, Tata, and Reliance.

All the stocks come from the wider Nifty 500. Only companies that belong to these five groups make the cut.

Since NSE Indices maintains the index, it serves as a reliable benchmark for fund managers to use for index funds, ETFs, and similar products built around these business groups.

Anyone tracking the Nifty India Select 5 Corporate Groups live is watching how India's five marquee conglomerates are moving together, bundled into a single basket.

Selection of stocks in the Nifty India Select 5 Corporate Groups index follows a simple two-part rule — the right parent index, and the right business group.

• Parent universe: The stock must already be part of the Nifty 500 at the time of review.
• Group filter: The company must belong to one of the five groups \u2014 Mahindra, Aditya Birla, Adani, Tata, or Reliance.
• Weighting input: Each qualifying stock's share of the index is set by its free-float market value.
• Group cap: No single corporate group can take more than 23% of the index.
• Stock cap: No single stock can take more than 15% of the index.
• Review & rebalancing: The index is reconstituted and rebalanced every quarter.

The index uses the free-float market capitalisation method, with caps added to keep it balanced.

• Weight basis: Each stock's weight comes from its free-float market value \u2014 the shares actually available for public trading.
• Group cap: At each review, every corporate group is capped at 23%, so one group can't dominate the index.
• Stock cap: Each individual stock is capped at 15% for the same reason.
• Live updates: The index value moves through the day as the underlying stock prices move; that's what feeds the Nifty India Select 5 Corporate Groups share price tickers.
• Two versions: Along with the regular price index, a Total Returns version is also published. The Total Returns version adds dividends back in.

Let us look at some benefits of investing in NSE's Nifty India Select 5 Corporate Groups stocks:

• Theme-based exposure: The index gives exposure to companies tied to five of India's largest business groups, all in a single basket.
• Diversification across the theme: Instead of betting on one group or one stock, the index spreads across all five groups and the many sectors they operate in.
• Track the theme in real time: You can follow how these five conglomerates are performing together, live through the trading day.
• Caps keep it balanced: The 23% group cap and 15% stock cap stop any single group or company from taking over the index.
• Benchmark for theme products: The index is generally used as a benchmark for funds and ETFs built around these corporate groups.

With Anand Rathi's TradeMobi platform, investing in the Nifty India Select 5 Corporate Groups or any of the NSE indices is simple.

Here's how to get started:

1. Step 1: Open / Login to Your Account

   
   Start by registering yourself and opening your demat account and trading account.

2. Step 2: Explore Investment Options

   
   Search for the relevant funds or ETFs that track the Nifty India Select 5 Corporate Groups index.

3. Step 3: Choose Your Investment

   
   Pick a suitable option based on your understanding and risk appetite, and invest.

4. Step 4: Invest and Track

   
   Once invested, you can track the Nifty India Select 5 Corporate Groups share price regularly — right from your dashboard.

5. Step 5: Stay Updated

   
   For more information, use research tools to follow developments in this domain.

The Nifty India Select 5 Corporate Groups index carries a base date of April 1, 2005, with a base value of 1000. It acts as a reference point from which its value is measured.

The five groups it tracks, that is, Mahindra, Aditya Birla, Adani, Tata, and Reliance, are among the oldest and largest business houses in India, spanning sectors from cement and metals to technology, ports, and consumer goods. Bundling them into one rules-based index is a way to follow these business empires as a group, rather than tracking each company on its own.

Since its launch, the index has been used as a benchmark for index funds and ETFs focused on this set of corporate groups.