Nifty Commodities Index: A Deep Dive
The Nifty Commodities index is designed to reflect the behaviour and performance of a diversified portfolio of companies representing the commodities segment. This includes key sectors like Oil, Petroleum Products, Cement, Power, Chemicals, Metals, and Mining.
Comprising 30 companies listed on the National Stock Exchange (NSE), this index serves as a benchmark for fund portfolios and a basis for products like index funds and ETFs. The index constituent weights are capped at 10% during rebalancing to ensure diversification.
Key Fundamentals & Sector Weightage
Sector Representation
Portfolio Characteristics
| Methodology | Periodic Capped Free Float MCap |
| No. of Constituents | 30 |
| Launch Date | September 07, 2011 |
| Base Date | January 01, 2004 |
| Base Value | 1000 |
| Calculation Frequency | Real-Time |
| Index Rebalancing | Semi-Annually |
Historical Performance (2004 - 2025)
Index Returns & Statistics
Index Returns (%)
| Return Type | QTD | YTD | 1 Year | 5 Years* | Since Inception* |
|---|---|---|---|---|---|
| Price Return | 1.36 | 5.71 | -3.40 | 25.78 | 10.56 |
| Total Return | 1.36 | 6.06 | -2.50 | 27.43 | 12.55 |
*Returns for periods greater than one year are CAGR returns.
Key Statistics (vs NIFTY 50)
| Statistic | 1 Year | 5 Years | Since Inception |
|---|---|---|---|
| Std. Deviation* | 22.67 | 19.56 | 24.68 |
| Beta | 1.27 | 1.07 | 1.04 |
| Correlation | 0.87 | 0.81 | 0.90 |
*Average daily standard deviation annualised.
Top Constituents by Weightage
Heatmap (june 23, 2025)
| Symbol | Sector | Price % Chng | Price Chng | Index % Chng | Index Chng |
|---|
All Constituent Company Details
| Company Name ↕ | Symbol ↕ | Price (INR) ↕ | Market Cap ↕ | P/E Ratio ↕ | Volume ↕ |
|---|
Index Methodology
Eligibility Criteria for Selection of Constituent Stocks
- Companies must be part of the Nifty 500 at the time of review.
- They must belong to the commodities sector.
- The company's trading frequency should be at least 90% in the last six months.
- The company should have a minimum listing history of 1 month as on the cutoff date.
- Final selection of 30 companies is based on free-float market capitalization.
Index Re-Balancing
The index is re-balanced on a semi-annual basis. The cut-off dates are January 31 and July 31 of each year. For this review, average data for the six months ending on the cut-off date is considered. A four-week prior notice is given to the market before the date of change.
Index Governance
A professional team manages all NSE indices through a three-tier governance structure, which includes the Board of Directors of NSE Indices Limited, the Index Advisory Committee (Equity), and the Index Maintenance Sub-Committee.
Disclaimer: All information contained herewith is provided for reference purpose only. NSE Indices Limited ensures accuracy and reliability of the above information to the best of its endeavors but makes no warranty or representation as to its accuracy. The information is not intended to provide any professional advice.
Also Read: Nifty Capital Market Stocks List & Index .
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