INDEX

Nifty Financial Services

Index overview & constituents

Close: 25,194

The Nifty Financial Services Index is designed to reflect the behaviour and performance of the Indian financial market which includes banks, financial institutions, housing finance, insurance companies and other financial services companies. The Nifty Finance Index comprises of 20 stocks that are listed on the National Stock Exchange (NSE). Nifty Financial Services Index is computed using free float market capitalization method, wherein the level of the index reflects the total free float market value of all the stocks in the index relative to particular base market capitalization value. Nifty Financial Services Index can be used for a variety of purposes such as benchmarking fund portfolios, launching of index funds, ETFs and structured products.

Median Pb: 2.87
Median Pe: 24.30
Avg Opm Pct: 17.84%
Industry Pb: 3.99
Industry Pe: 26.49
Avg Sector Roe: 17.20
Avg Sector Roce: 13.40
Total Companies: 20
Industry Roe Pct: 17.20%
Avg Asset Turnover: 0.21
Avg Dividend Yield: 1.17
Median Debtor Days: 0.39
Total Sub Industry: 8
Industry Book Value: 397.05
Top 3 Market Cap Cr: 29,81,671
Total Market Cap Cr: 62,33,051
Total Broad Industry: 3
Weighted Industry Pb: 2.99
Weighted Industry Pe: 25.58
Avg Cfo To Net Profit: 0
Avg Dividend Payout Pct: 14.62%
Industry Debt To Equity: 2.68
Top 3 Concentration Pct: 47.84%
Median Interest Coverage: 1
Sector Concentration Pct: 47.84%
Avg Sector Debt To Equity: 2.68
Avg Quarterly Profit Growth Yoy: 211.67

Stocks in this sector

S.No.	Name
1.	HDFC Bank Ltd.	Bank	Bank - Private	10,59,339	694	13.40	1.94	390	2.26%	12.80%	14.40%	1
2.	ICICI Bank Ltd.	Bank	Bank - Private	9,97,793	1,384	17.80	2.42	521	0.86%	16.50%	17.40%	2
3.	State Bank Of India	Bank	Bank - Public	9,24,539	1,010	10.70	1.61	636	1.73%	12.20%	16.70%	1
4.	Bajaj Finance Ltd.	Finance	Finance - NBFC	6,47,499	1,044	31.90	4.42	191	0.58%	10.90%	18.50%	1
5.	Kotak Mahindra Bank Ltd.	Bank	Bank - Private	4,12,231	417	20.30	1.94	188	0.16%	12%	11.30%	1
6.	Axis Bank Ltd.	Bank	Bank - Private	3,85,909	1,246	13.90	1.69	712	0.08%	11%	13.30%	2
7.	Bajaj Finserv Ltd.	Finance	Finance - Investment	3,08,717	1,940	30.40	3.39	520	0.08%	11.90%	26.50%	1
8.	Shriram Finance Ltd.	Finance	Finance - NBFC	2,42,204	1,038	21.40	2.49	463	1.05%	11.50%	16.40%	2
9.	SBI Life Insurance Company Ltd.	Insurance	Insurance	1,69,064	1,701	65	9.35	201	0.16%	14.10%	13.80%	10
10.	Cholamandalam Investment and Finance Company Ltd.	Finance	Finance - NBFC	1,56,209	1,859	27.20	3.83	375	0.11%	9.70%	19.50%	2
11.	JIO Financial Services Ltd.	Finance	Finance - NBFC	1,52,533	230	73.80	1.10	210	0.26%	2.10%	1.20%	10
12.	BSE Ltd.	Finance	Finance - Others	1,34,186	3,306	47.40	13.82	215	0.30%	49.50%	36.70%	2
13.	Power Finance Corporation Ltd.	Finance	Finance Term Lending	1,15,735	353	4.40	0.94	433	5.29%	10%	26.80%	10
14.	Muthoot Finance Ltd.	Finance	Finance - NBFC	1,13,214	2,842	10	3.24	1,011	1.06%	15.90%	31%	10
15.	HDFC Life Insurance Company Ltd.	Insurance	Insurance	1,11,747	526	56.60	7.30	90	0.41%	10%	11.50%	10
16.	REC Ltd.	Finance	Finance Term Lending	83,039	314	5.20	0.95	337	5.88%	9.70%	20.10%	10
17.	ICICI Lombard General Insurance Company Ltd.	Insurance	Insurance	74,291	1,465	30.60	5.10	340	0.91%	23.60%	17.90%	10
18.	SBI Cards And Payment Services Ltd.	Finance	Finance - NBFC	63,760	666	28	3.85	172	0.37%	11.70%	14.70%	10
19.	Max Financial Services Ltd.	Finance	Finance - Others	50,425	1,480	458.90	9.76	156	0%	4.30%	2%	2
20.	LIC Housing Finance Ltd.	Finance	Finance - Housing	30,617	552	5.30	0.66	780	1.80%	8.60%	14.40%	2