Data to 14 October 2026
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Nifty500 Flexicap Quality 30

Nifty500 Flexicap Quality 30 is an NSE strategy and factor index of 30 stocks. Since 2009 it has compounded 15.9% a year with dividends reinvested; over the past year it fell 7.4%. Its deepest fall was 36%, from Feb 2020 to Mar 2020, and it took 7 months from that high to a new one.

Written for anyone who holds, tracks or is thinking of buying Nifty500 Flexicap Quality 30. Data to 14 Oct 2026.

Trend
Downtrend
since Sep 2026
Momentum
41st of 133
markets, by rank
Below its high
21.4%
total return
1 year
−7.4%
total return
5 years
5.5%
a year
10 years
14.8%
a year
Since 2009
15.9%
a year
Volatility
14.6%
past year; usual 14%

NSE launched Nifty500 Flexicap Quality 30 in Apr 2025. Figures before that use NSE's back-calculated history: today's rules applied to the past, chosen with that past in view. Charts mark the launch.

Returns

Total return counts dividends reinvested; price return does not. Since 2009, dividends added about 1.3 percentage points a year. Returns over more than a year are a year, compounded.

Nifty500 Flexicap Quality 30: growth of 100

Weekly, from Oct 2009, log scale: equal slopes are equal rates of growth. Drag the range below the chart to start anywhere; both lines restart at 100.

How to read it. The gap between the two lines is what dividends were worth. It widens slowly and never closes.

Total returnPrice return

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Source: NSE Indices (niftyindices.com): total-return and price indices, P/E, P/B and dividend yield, index constituents, factsheets, and the monthly Nifty 50 and Nifty Next 50 weightage files; the Tipsheet model board; the ETF desk (AMFI and NSE).
Method JSON

To 14 Oct 2026. Before any fund cost or tax.

To 14 Oct 2026. Before any fund cost or tax.
PeriodTotal returnPrice returnDividends addedMore
1 month−1.3%0.0%−1.3 pts
3 months−2.3%0.0%−2.3 pts
6 months+1.5%+2.9%−1.5 pts
This year−9.0%−8.0%−1.0 pts
1 year−7.4%−6.7%−0.7 pts
3 years, a year+2.3%+1.6%+0.7 pts
5 years, a year+5.5%+4.5%+1.0 pts
10 years, a year+14.8%+13.6%+1.3 pts
15 years, a year+15.5%+14.0%+1.5 pts
Since Oct 2009, a year+15.9%+14.6%+1.3 pts

Year by year

13 of the 16 full calendar years since 2010 ended higher. 10 of them had a fall of 10% or more from a peak somewhere inside the year, so even good years are rarely smooth.

Nifty500 Flexicap Quality 30: each calendar year

Total return over the calendar year, % Largest fall from a peak within that year, %
−20%+20%+40% +46 −8 ’10 −17 −19 ’11 +23 −13 ’12 +14 −13 ’13 +41 −7 ’14 +7 −12 ’15 +1 −14 ’16 +50 −6 ’17 +0 −13 ’18 +6 −10 ’19 +32 −36 ’20 +54 −8 ’21 −2 −19 ’22 +41 −7 ’23 +14 −9 ’24 −8 −21 ’25 −9 −17 ’26 YTD
Source: NSE Indices, total return with dividends.

The worst fall is the largest drop from a peak within the year, with the previous year-end as the first peak (the convention of J.P. Morgan's Guide to the Markets). Total return, %.

The worst fall is the largest drop from a peak within the year, with the previous year-end as the first peak (the convention of J.P. Morgan's Guide to the Markets). Total return, %.
YearTotal returnPrice returnDividendsWorst fall in the yearMore
2026 so far−9.0%−8.0%−1.0 pts−16.5%
2025−8.3%−9.7%+1.4 pts−21.0%
2024+14.0%+12.6%+1.4 pts−9.2%
2023+40.8%+39.2%+1.6 pts−6.8%
2022−1.7%−3.3%+1.6 pts−19.0%
2021+54.4%+52.5%+1.9 pts−8.4%
2020+32.4%+31.2%+1.2 pts−36.2%
2019+6.0%+4.3%+1.6 pts−10.0%
2018+0.5%−0.8%+1.3 pts−13.3%
2017+49.5%+47.3%+2.2 pts−5.8%
2016+1.1%−0.5%+1.6 pts−14.3%
2015+7.5%+5.9%+1.5 pts−11.9%
2014+41.4%+39.2%+2.2 pts−6.8%
2013+13.9%+12.0%+2.0 pts−12.9%
2012+22.6%+20.5%+2.2 pts−13.3%
2011−17.5%−19.0%+1.6 pts−19.1%
2010+46.2%+43.9%+2.3 pts−7.9%

The falls

Every fall of 10% or more from a high, deepest first. The worst, 36%, took 40 days to reach bottom and 6 months more to climb back. Today it is 21.4% below its high.

Nifty500 Flexicap Quality 30: how far below its previous high

Weekly, the week's lowest close against the highest close before it, total return, %.

How to read it. Zero is a new high. The depth of each dip is what a holder sat through; its width is how long getting back took.

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Source: NSE Indices (niftyindices.com): total-return and price indices, P/E, P/B and dividend yield, index constituents, factsheets, and the monthly Nifty 50 and Nifty Next 50 weightage files; the Tipsheet model board; the ETF desk (AMFI and NSE).
Method JSON

Total return, closing prices. A fall ends when the index closes at or above the high it fell from. Calendar time.

Total return, closing prices. A fall ends when the index closes at or above the high it fell from. Calendar time.
FallFrom the high ofTo the low ofFalling forRecovering forBack at the highHigh to high
−36.2%12 Feb 202023 Mar 202040 days6 months14 Sept 20207 months
−27.2%1 Oct 202423 Mar 202618 months+8% off the lownot yet7 months since the low
−19.1%4 Jan 201120 Dec 201112 months11 months3 Dec 201223 months
−19.0%13 Jan 202217 Jun 20225 months6 months2 Dec 202211 months
−17.1%13 Apr 201512 Feb 201610 months6 months24 Aug 201616 months
−13.3%31 Aug 201823 Oct 201853 days15 months15 Jan 202017 months
−12.9%15 Jan 201324 Jun 20135 months3 months19 Sept 20138 months
−12.9%24 Oct 201621 Nov 201628 days3 months1 Mar 20174 months

What holding it was like

From every day in its history, what holding Nifty500 Flexicap Quality 30 for a fixed span would have returned a year. Over five years the middle outcome was 19.0% a year; the worst 1.7% and the best 33.4%; no five-year span lost money.

Total return a year, %, over every span of that length starting on any session. Spans overlap, so 'separate spans' is how many non-overlapping ones the history holds: the longer the span, the fewer truly independent readings behind each figure.

Total return a year, %, over every span of that length starting on any session. Spans overlap, so 'separate spans' is how many non-overlapping ones the history holds: the longer the span, the fewer truly independent readings behind each figure.
Held forWorst1 in 10 worse thanMiddle1 in 10 better thanBestSpans that lostSeparate spans
1 year−30.5%−7.0%+12.7%+47.4%+120.4%21%17.0
3 years−1.8%+6.8%+17.2%+27.7%+43.9%0%5.7
5 years+1.7%+11.4%+19.0%+25.2%+33.4%0%3.4
7 years+10.2%+15.0%+17.5%+21.2%+24.4%0%2.4
10 years+9.8%+13.5%+17.9%+21.0%+21.9%0%1.7

Rolling returns, a year

Weekly: the return a year over the 3 and 5 years to each date, total return, %.

How to read it. Each point is what someone who bought 3 or 5 years earlier had earned a year by then. The lows mark the worst times to have bought.

3 years5 years

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Source: NSE Indices (niftyindices.com): total-return and price indices, P/E, P/B and dividend yield, index constituents, factsheets, and the monthly Nifty 50 and Nifty Next 50 weightage files; the Tipsheet model board; the ETF desk (AMFI and NSE).
Method JSON

₹10,000 on the first session of every month into the index itself, from January of each year to 14 Oct 2026. Before any fund cost or tax; an index fund would have returned a little less. Of SIPs that ran five years or more, the weakest started in 2021 (+5.5% a year).

₹10,000 on the first session of every month into the index itself, from January of each year to 14 Oct 2026. Before any fund cost or tax; an index fund would have returned a little less. Of SIPs that ran five years or more, the weakest started in 2021 (+5.5% a year).
Started in JanuaryMonthsPut inWorth nowMultipleReturn a year (XIRR)More
202522₹2,20,000₹2,09,0330.95×−5.5%
202434₹3,40,000₹3,15,1160.93×−5.3%
202346₹4,60,000₹4,58,3511.00×−0.2%
202258₹5,80,000₹6,22,9961.07×+3.0%
202170₹7,00,000₹8,21,2611.17×+5.5%
202082₹8,20,000₹11,67,5291.42×+10.3%
201994₹9,40,000₹15,05,4801.60×+11.9%
2018106₹10,60,000₹18,47,4391.74×+12.3%
2017118₹11,80,000₹22,76,2541.93×+13.0%
2016130₹13,00,000₹27,99,1342.15×+13.6%
2015142₹14,20,000₹33,33,9262.35×+13.7%
2014154₹15,40,000₹40,10,3782.60×+14.0%
2013166₹16,60,000₹49,12,6032.96×+14.6%
2012178₹17,80,000₹59,06,0423.32×+14.9%
2011190₹19,00,000₹69,07,0133.64×+14.9%
2010202₹20,20,000₹80,43,8453.98×+14.9%

How bumpy

Volatility is how widely daily returns swing, scaled to a year. Over the past year it was 14.6%, against a usual 14.4% for this index. 63% of months ended higher, and 40 days moved 3% or more either way.

Nifty500 Flexicap Quality 30: volatility over the past year

Weekly: standard deviation of daily total returns over the past 252 sessions, annualised, %.

How to read it. Spikes come with sell-offs; calm stretches come with rising markets. High readings rarely last.

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Source: NSE Indices (niftyindices.com): total-return and price indices, P/E, P/B and dividend yield, index constituents, factsheets, and the monthly Nifty 50 and Nifty Next 50 weightage files; the Tipsheet model board; the ETF desk (AMFI and NSE).
Method JSON
Worst daysReturn
23 Mar 2020−12.9%
24 Aug 2015−7.3%
12 Mar 2020−7.2%
16 Mar 2020−6.8%
18 Mar 2020−5.9%
Best daysReturn
7 Apr 2020+7.6%
20 Mar 2020+6.3%
20 Sept 2019+5.4%
26 Mar 2020+4.5%
12 May 2025+4.5%
Worst monthsReturn
Mar 2020−24.4%
Feb 2025−10.8%
Jan 2011−9.6%
Mar 2026−9.0%
Feb 2016−8.6%
Best monthsReturn
Nov 2020+16.6%
Apr 2020+12.3%
Jul 2022+11.4%
Jun 2014+10.5%
Jan 2012+10.3%

What it holds

30 stocks as NSE lists them today. The ten largest make up 34.0% of the index. It is weighted by equal-weighted and rebalanced twice a year.

Sector weights

NSE's factsheet, 30 Sept 2026. % of the index.

How to read it. Sectors as NSE classifies them. A sector index of one industry has no split to show.

Sector weights. Bar chart of 7 items. Weight, %: highest Information Technology at 23.5%, lowest Chemicals at 3.4%.

NSE's factsheet, 30 Sept 2026. NSE publishes the weights of the ten largest members only.

NSE's factsheet, 30 Sept 2026. NSE publishes the weights of the ten largest members only.
Largest holdingsWeight
1Sona BLW Precision Forgings Ltd.3.45%
2Himadri Speciality Chemical Ltd.3.42%
3Anand Rathi Wealth Ltd.3.41%
4Infosys Ltd.3.40%
5Maruti Suzuki India Ltd.3.40%
6Karur Vysya Bank Ltd.3.39%
7APL Apollo Tubes Ltd.3.39%
8Bharat Electronics Ltd.3.38%
9Tata Consultancy Services Ltd.3.37%
10Tech Mahindra Ltd.3.37%

NSE's constituent list for Nifty500 Flexicap Quality 30, as seen on 14 Oct 2026. NSE changes members at each rebalance.

NSE's constituent list for Nifty500 Flexicap Quality 30, as seen on 14 Oct 2026. NSE changes members at each rebalance.
MemberIndustryNSE symbolMore
APL Apollo Tubes Ltd.Capital GoodsAPLAPOLLO
Affle 3i Ltd.Information TechnologyAFFLE
Amara Raja Energy & Mobility Ltd.Automobile and Auto ComponentsARE&M
Anand Rathi Wealth Ltd.Financial ServicesANANDRATHI
Angel One Ltd.Financial ServicesANGELONE
Asian Paints Ltd.Consumer DurablesASIANPAINT
BSE Ltd.Financial ServicesBSE
Bharat Electronics Ltd.Capital GoodsBEL
Central Depository Services (India) Ltd.Financial ServicesCDSL
Coforge Ltd.Information TechnologyCOFORGE
Colgate Palmolive (India) Ltd.Fast Moving Consumer GoodsCOLPAL
Computer Age Management Services Ltd.Financial ServicesCAMS
Crompton Greaves Consumer Electricals Ltd.Consumer DurablesCROMPTON
Dixon Technologies (India) Ltd.Consumer DurablesDIXON
HCL Technologies Ltd.Information TechnologyHCLTECH
Hero MotoCorp Ltd.Automobile and Auto ComponentsHEROMOTOCO
Himadri Speciality Chemical Ltd.ChemicalsHSCL
Hindustan Unilever Ltd.Fast Moving Consumer GoodsHINDUNILVR
ITC Ltd.Fast Moving Consumer GoodsITC
Infosys Ltd.Information TechnologyINFY
Karur Vysya Bank Ltd.Financial ServicesKARURVYSYA
Marico Ltd.Fast Moving Consumer GoodsMARICO
Maruti Suzuki India Ltd.Automobile and Auto ComponentsMARUTI
Nestle India Ltd.Fast Moving Consumer GoodsNESTLEIND
Persistent Systems Ltd.Information TechnologyPERSISTENT
Polycab India Ltd.Capital GoodsPOLYCAB
Sona BLW Precision Forgings Ltd.Automobile and Auto ComponentsSONACOMS
Tata Consultancy Services Ltd.Information TechnologyTCS
Tech Mahindra Ltd.Information TechnologyTECHM
Tube Investments of India Ltd.Automobile and Auto ComponentsTIINDIA

Against the Nifty 500

How Nifty500 Flexicap Quality 30 has done against the broad market it is part of. Over 17 years it beat the Nifty 500 by 3.9 percentage points a year, and was ahead in 10 of 16 calendar years.

Relative strength

Weekly: Nifty500 Flexicap Quality 30's total return divided by the Nifty 500's, 100 at the start of the range shown.

How to read it. Rising: Nifty500 Flexicap Quality 30 is outrunning the Nifty 500. Falling: it is lagging. The level means nothing; the direction is the reading.

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Source: NSE Indices (niftyindices.com): total-return and price indices, P/E, P/B and dividend yield, index constituents, factsheets, and the monthly Nifty 50 and Nifty Next 50 weightage files; the Tipsheet model board; the ETF desk (AMFI and NSE).
Method JSON

Three-year lead or lag

Weekly: Nifty500 Flexicap Quality 30's return a year over the past three years minus the Nifty 500's, percentage points.

How to read it. Above zero, someone who bought three years earlier was ahead of the broad index; below, behind.

Loading chart…

Source: NSE Indices (niftyindices.com): total-return and price indices, P/E, P/B and dividend yield, index constituents, factsheets, and the monthly Nifty 50 and Nifty Next 50 weightage files; the Tipsheet model board; the ETF desk (AMFI and NSE).
Method JSON

Monthly total returns. Up capture: how much of the Nifty 500's gain in its rising months this index caught (100 is all of it); down capture: the same for falling months. Beta above 1 means bigger swings than the Nifty 500.

Monthly total returns. Up capture: how much of the Nifty 500's gain in its rising months this index caught (100 is all of it); down capture: the same for falling months. Beta above 1 means bigger swings than the Nifty 500.
Ahead by, a yearUp captureDown captureBetaCorrelationTracking error
Full history, from Nov 2009+3.9 pts98770.880.907.6%
Last 5 years, from Oct 2021−2.9 pts86950.950.887.6%

Models and ETFs

No Tipsheet model uses Nifty500 Flexicap Quality 30. 1 ETFs track it. Its trend and momentum have a page of their own.

From the ETF desk. Tracking difference: what a holder buying and selling on the exchange got, minus the index's total return, over the past year. Tracking error: how much that gap wobbled week to week.

From the ETF desk. Tracking difference: what a holder buying and selling on the exchange got, minus the index's total return, over the past year. Tracking error: how much that gap wobbled week to week.
ETFNSE symbolExpense ratioAssetsTracking difference, 1 yearTracking error, 1 yearDaily traded value (median)More
DSP Nifty500 Flexicap Quality 30 ETFFLEXIADD0.25%₹14.8 cr–2.83%₹0.1 cr

Nifty500 Flexicap Quality 30: trend and momentum →

Data and sources

Nifty500 Flexicap Quality 30 is computed and published by NSE Indices. History here starts 1 Oct 2009; NSE launched the index on 4 Apr 2025, from a base date of October 01, 2009. All returns are on NSE's total-return index unless marked as price return.

Historical index data. NSE publishes daily index values, total-return values and P/E, P/B and dividend yield for every index on niftyindices.com: historical data. Pick Nifty500 Flexicap Quality 30 there to download its full series.

Index values themselves are NSE's and are not republished here; the charts show growth of 100 and other figures computed from them.

The workings