Nifty MNC Index: A Deep Dive Analysis
Thinking about investing in the Indian operations of major global companies? The Nifty MNC Index could be your primary benchmark. This specialized index tracks the performance of multinational corporations (MNCs) listed on the National Stock Exchange (NSE) where the foreign promoter holds over 50% of the company's shares.
Let's dissect the Nifty MNC Index, exploring its core characteristics, performance, composition, and the methodology behind its construction. This analysis uses official data from June 30, 2025, supplemented with a detailed stock list from July 16, 2025, to provide a comprehensive and up-to-date view.
Key Index Characteristics at a Glance
The Nifty MNC Index is built on a specific set of rules that define its structure and calculation.
A focused basket of leading MNC stocks.
Weights are based on shares available for public trading.
The index has a long history, starting with a base value of 1000.
The index composition is reviewed twice a year to stay relevant.
Nifty MNC Index Stock Performance & Risk Snapshot (as of June 30, 2025)
How has the index performed over various time horizons? The tables below show both Price Returns (excluding dividends) and Total Returns (including dividends). For periods over one year, returns are presented as a CAGR, which provides a smoothed average annual return.
Index Returns (%)
| Return Type | QTD | YTD | 1 Year | 5 Years (CAGR) | Since Inception (CAGR) |
|---|---|---|---|---|---|
| Price Return | 10.27 | 3.60 | -4.69 | 16.95 | 11.66 |
| Total Return | 10.71 | 4.13 | -3.46 | 18.42 | 13.31 |
Risk & Correlation Statistics
| Statistic | 1 Year | 5 Years | Since Inception |
|---|---|---|---|
| Std. Deviation | 14.40 | 13.33 | 19.90 |
| Beta (vs NIFTY 50) | 0.86 | 0.72 | 0.71 |
| Correlation (vs NIFTY 50) | 0.81 | 0.79 | 0.80 |
Nifty MNC Index Stock Weightage and Top Holdings
Understanding what's inside the index is crucial. The Nifty MNC Index is heavily weighted towards consumer goods and industrial sectors, reflecting the strengths of many global companies in the Indian market. The data below is as of June 30, 2025.
Sector Representation (%)
Top 10 Constituents by Weight (%)
Nifty MNC Index Stock Price (July 16, 2025)
Below is a detailed list of the companies within the Nifty MNC Index, based on data from July 16, 2025. This table is interactive; you can click on the headers for "Company Name," "P/E Ratio," or "Market Cap" to sort the data. Please note that while the index officially comprises 30 stocks, the available data source for this date lists 27.
| Symbol | Company Name | Sector | P/E Ratio | Market Cap (Cr.) |
|---|
A Note on Fundamentals
The index shows a collective P/E Ratio of 34.22 and a Dividend Yield of 1.8% (as of June 30, 2025). This indicates that investors are willing to pay a premium for these high-quality MNCs, which are often perceived as having strong governance, stable growth, and robust business models.Index Methodology Explained
The selection of stocks for the Nifty MNC Index is not arbitrary. It follows a clear, rules-based process to ensure transparency and relevance. Here are the key criteria:
- Universe: Companies must first be part of the broader Nifty 500 index.
- Foreign Promoter Holding: This is the defining rule. The foreign promoter's shareholding must exceed 50%.
- Liquidity: The stock must have a trading frequency of at least 90% in the last six months, ensuring that it is actively traded.
- Listing History: A company needs to have been listed for at least one month as of the review cut-off date.
- Final Selection: The final 30 companies are chosen based on their free-float market capitalization.
The index is re-balanced twice a year with cut-off dates on January 31 and July 31. This ensures that the index accurately reflects the current landscape of MNCs in India.
Disclaimer: This analysis is for informational purposes only and is based on the provided documents. It is not financial advice. All data is sourced from the NSE Indexogram dated June 30, 2025, and a supplementary stock list dated July 16, 2025.
External Link for more official information: Nifty Indices
