NSE launches Nifty India Infrastructure & Logistics Index

The National Stock Exchange (NSE) has introduced the Nifty India Infrastructure & Logistics Index, a thematic benchmark designed to capture the performance of companies within the infrastructure and logistics sectors. This index comprises the top 100 stocks from the Nifty 500 index, selected based on a six-month average free-float market capitalisation.

Index composition and methodology

The index employs a free-float market capitalisation-weighted methodology, with individual stock weights capped at 5% and the aggregate weight of stocks within a single industry sector limited to 20%. Reconstitution occurs semi-annually, while quarterly rebalancing ensures alignment with market dynamics. The base date for the index is April 1, 2005, with a base value of 1000.
Performance metrics
As of May 30, 2025, the index has demonstrated a total return of 0.61% over the past year and an impressive Compound Annual Growth Rate (CAGR) of 14.22% since inception.

Key constituents

Prominent companies featured in the index include:

• Bharti Airtel – 4.98% weight
• Bharat Electronics – 4.87%
• Larsen & Toubro – 4.86%
• UltraTech Cement – 4.47%
• NTPC – 4.28%

Strategic significance

This index is poised to serve as a benchmark for asset managers and is expected to be tracked by passive investment vehicles such as Exchange Traded Funds (ETFs), index funds, and structured products. Its launch underscores the NSE’s commitment to providing investors with diversified exposure to India’s infrastructure and logistics sectors.