Markets
Nifty500 Healthcare
Nifty500 Healthcare is an NSE sector index of 44 stocks. Since 2005 it has compounded 16.0% a year with dividends reinvested; over the past year it rose 8.0%. Its deepest fall was 45%, from Jan 2008 to Mar 2009, and it took 21 months from that high to a new one.
Written for anyone who holds, tracks or is thinking of buying Nifty500 Healthcare. Data to 14 Oct 2026.
- Trend
- Uptrend since May 2026
- Momentum
- 46th of 133 markets, by rank
- Below its high
- 7.4% total return
- 1 year
- +8.0% total return
- 5 years
- 12.4% a year
- 10 years
- 11.9% a year
- Since 2005
- 16.0% a year
- Volatility
- 13.3% past year; usual 16%
NSE launched Nifty500 Healthcare in Jun 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. Returns over more than a year are a year, compounded.
Nifty500 Healthcare: growth of 100
Weekly, from Apr 2005, 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.
Loading chart…
To 14 Oct 2026. Before any fund cost or tax.
| Period | Total return | Price return | Dividends added | More |
|---|---|---|---|---|
| 1 month | −5.7% | – | – | |
| 3 months | −3.9% | – | – | |
| 6 months | +13.0% | – | – | |
| This year | +9.5% | – | – | |
| 1 year | +8.0% | – | – | |
| 3 years, a year | +19.1% | – | – | |
| 5 years, a year | +12.4% | – | – | |
| 10 years, a year | +11.9% | – | – | |
| 15 years, a year | +15.5% | – | – | |
| 20 years, a year | +14.9% | – | – | |
| Since Apr 2005, a year | +16.0% | – | – |
Year by year
13 of the 20 full calendar years since 2006 ended higher. 15 of them had a fall of 10% or more from a peak somewhere inside the year, so even good years are rarely smooth.
Nifty500 Healthcare: each calendar year
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, %.
| Year | Total return | Price return | Dividends | Worst fall in the year | More |
|---|---|---|---|---|---|
| 2026 so far | +9.5% | – | – | −8.5% | |
| 2025 | −2.0% | – | – | −15.8% | |
| 2024 | +41.4% | – | – | −6.3% | |
| 2023 | +38.3% | – | – | −7.5% | |
| 2022 | −13.6% | – | – | −20.1% | |
| 2021 | +19.0% | – | – | −10.3% | |
| 2020 | +63.6% | – | – | −24.0% | |
| 2019 | −4.6% | – | – | −17.5% | |
| 2018 | −3.3% | – | – | −16.1% | |
| 2017 | +2.9% | – | – | −15.3% | |
| 2016 | −8.8% | – | – | −14.4% | |
| 2015 | +22.4% | – | – | −12.3% | |
| 2014 | +50.0% | – | – | −6.7% | |
| 2013 | +16.9% | – | – | −10.3% | |
| 2012 | +36.6% | – | – | −5.2% | |
| 2011 | −14.2% | – | – | −17.0% | |
| 2010 | +37.0% | – | – | −7.7% | |
| 2009 | +80.1% | – | – | −19.3% | |
| 2008 | −31.6% | – | – | −39.6% | |
| 2007 | +18.5% | – | – | −13.9% | |
| 2006 | +21.3% | – | – | −30.7% |
The falls
Every fall of 10% or more from a high, deepest first. The worst, 45%, took 14 months to reach bottom and 7 months more to climb back. Today it is 7.4% below its high.
Nifty500 Healthcare: 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.
Loading chart…
Total return, closing prices. A fall ends when the index closes at or above the high it fell from. Calendar time.
| Fall | From the high of | To the low of | Falling for | Recovering for | Back at the high | High to high |
|---|---|---|---|---|---|---|
| −44.6% | 2 Jan 2008 | 9 Mar 2009 | 14 months | 7 months | 25 Sept 2009 | 21 months |
| −32.9% | 21 Aug 2015 | 23 Mar 2020 | 4.6 years | 3 months | 23 Jun 2020 | 4.8 years |
| −30.7% | 8 May 2006 | 14 Jun 2006 | 37 days | 11 months | 29 May 2007 | 13 months |
| −22.3% | 15 Sept 2021 | 17 Jun 2022 | 9 months | 13 months | 27 Jul 2023 | 22 months |
| −17.0% | 4 Jan 2011 | 20 Dec 2011 | 12 months | 7 months | 10 Jul 2012 | 18 months |
| −15.8% | 2 Jan 2025 | 28 Feb 2025 | 57 days | 5 months | 17 Jul 2025 | 6 months |
| −13.3% | 4 Oct 2005 | 28 Oct 2005 | 24 days | 41 days | 8 Dec 2005 | 2 months |
| −13.1% | 12 Jul 2007 | 23 Aug 2007 | 42 days | 3 months | 7 Dec 2007 | 5 months |
| −12.3% | 8 Apr 2015 | 11 Jun 2015 | 2 months | 35 days | 16 Jul 2015 | 3 months |
| −10.4% | 29 Jul 2025 | 29 Jan 2026 | 6 months | 3 months | 6 May 2026 | 9 months |
What holding it was like
From every day in its history, what holding Nifty500 Healthcare for a fixed span would have returned a year. Over five years the middle outcome was 15.5% a year; the worst −4.9% and the best 33.8%; 1% of five-year spans 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.
| Held for | Worst | 1 in 10 worse than | Middle | 1 in 10 better than | Best | Spans that lost | Separate spans |
|---|---|---|---|---|---|---|---|
| 1 year | −35.6% | −9.6% | +13.2% | +55.6% | +125.6% | 26% | 21.5 |
| 3 years | −11.0% | −1.4% | +17.5% | +28.2% | +41.1% | 13% | 7.2 |
| 5 years | −4.9% | +8.4% | +15.5% | +24.8% | +33.8% | 1% | 4.3 |
| 7 years | +4.4% | +8.4% | +15.0% | +22.8% | +32.9% | 0% | 3.1 |
| 10 years | +8.7% | +11.6% | +14.5% | +19.4% | +23.4% | 0% | 2.2 |
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.
Loading chart…
₹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 2014 (+14.1% a year).
| Started in January | Months | Put in | Worth now | Multiple | Return a year (XIRR) | More |
|---|---|---|---|---|---|---|
| 2025 | 22 | ₹2,20,000 | ₹2,39,245 | 1.09× | +9.5% | |
| 2024 | 34 | ₹3,40,000 | ₹3,92,519 | 1.15× | +10.5% | |
| 2023 | 46 | ₹4,60,000 | ₹6,23,147 | 1.35× | +16.4% | |
| 2022 | 58 | ₹5,80,000 | ₹8,66,202 | 1.49× | +17.0% | |
| 2021 | 70 | ₹7,00,000 | ₹11,04,019 | 1.58× | +15.8% | |
| 2020 | 82 | ₹8,20,000 | ₹14,59,321 | 1.78× | +16.8% | |
| 2019 | 94 | ₹9,40,000 | ₹18,82,066 | 2.00× | +17.5% | |
| 2018 | 106 | ₹10,60,000 | ₹22,86,031 | 2.16× | +16.9% | |
| 2017 | 118 | ₹11,80,000 | ₹26,91,921 | 2.28× | +16.2% | |
| 2016 | 130 | ₹13,00,000 | ₹30,77,610 | 2.37× | +15.2% | |
| 2015 | 142 | ₹14,20,000 | ₹34,65,012 | 2.44× | +14.3% | |
| 2014 | 154 | ₹15,40,000 | ₹40,42,058 | 2.62× | +14.1% | |
| 2013 | 166 | ₹16,60,000 | ₹48,15,096 | 2.90× | +14.3% | |
| 2012 | 178 | ₹17,80,000 | ₹57,35,502 | 3.22× | +14.6% | |
| 2011 | 190 | ₹19,00,000 | ₹67,32,477 | 3.54× | +14.6% | |
| 2010 | 202 | ₹20,20,000 | ₹78,49,811 | 3.89× | +14.6% | |
| 2009 | 214 | ₹21,40,000 | ₹98,17,946 | 4.59× | +15.3% | |
| 2008 | 226 | ₹22,60,000 | ₹1,16,32,834 | 5.15× | +15.4% | |
| 2007 | 238 | ₹23,80,000 | ₹1,34,37,181 | 5.65× | +15.4% | |
| 2006 | 250 | ₹25,00,000 | ₹1,54,56,831 | 6.18× | +15.3% |
How bumpy
Volatility is how widely daily returns swing, scaled to a year. Over the past year it was 13.3%, against a usual 15.8% for this index. 66% of months ended higher, and 99 days moved 3% or more either way.
Nifty500 Healthcare: 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.
Loading chart…
| Worst days | Return |
|---|---|
| 21 Jan 2008 | −8.3% |
| 24 Oct 2008 | −8.2% |
| 12 Mar 2020 | −8.2% |
| 23 Mar 2020 | −7.9% |
| 24 Aug 2015 | −7.6% |
| Best days | Return |
|---|---|
| 18 May 2009 | +8.7% |
| 7 Apr 2020 | +8.7% |
| 9 Jun 2006 | +5.7% |
| 25 Jan 2008 | +5.2% |
| 20 Mar 2020 | +5.2% |
| Worst months | Return |
|---|---|
| Oct 2008 | −23.8% |
| Jan 2008 | −18.4% |
| Sept 2008 | −13.7% |
| May 2006 | −13.5% |
| Jan 2009 | −10.9% |
| Best months | Return |
|---|---|
| Apr 2020 | +25.5% |
| May 2009 | +19.0% |
| Dec 2007 | +14.4% |
| Sept 2009 | +12.5% |
| Apr 2008 | +12.5% |
What it holds
44 stocks as NSE lists them today. The ten largest make up 59.5% of the index. It is weighted by periodic capped free-float and rebalanced twice a year.
NSE's factsheet, 30 Sept 2026. NSE publishes the weights of the ten largest members only.
| Largest holdings | Weight | |
|---|---|---|
| 1 | Sun Pharmaceutical Industries Ltd. | 10.14% |
| 2 | Divi's Laboratories Ltd. | 8.76% |
| 3 | Apollo Hospitals Enterprise Ltd. | 6.23% |
| 4 | Laurus Labs Ltd. | 5.72% |
| 5 | Cipla Ltd. | 5.62% |
| 6 | Dr. Reddy's Laboratories Ltd. | 5.58% |
| 7 | Torrent Pharmaceuticals Ltd. | 5.24% |
| 8 | Max Healthcare Institute Ltd. | 5.13% |
| 9 | Lupin Ltd. | 3.66% |
| 10 | Aurobindo Pharma Ltd. | 3.43% |
NSE's constituent list for Nifty500 Healthcare, as seen on 14 Oct 2026. NSE changes members at each rebalance.
| Member | Industry | NSE symbol | More |
|---|---|---|---|
| Abbott India Ltd. | Healthcare | ABBOTINDIA | |
| Acutaas Chemicals Ltd. | Healthcare | ACUTAAS | |
| Ajanta Pharmaceuticals Ltd. | Healthcare | AJANTPHARM | |
| Alkem Laboratories Ltd. | Healthcare | ALKEM | |
| Anthem Biosciences Ltd. | Healthcare | ANTHEM | |
| Apollo Hospitals Enterprise Ltd. | Healthcare | APOLLOHOSP | |
| Aster DM Quality Care Ltd. | Healthcare | ASTERDM | |
| Aurobindo Pharma Ltd. | Healthcare | AUROPHARMA | |
| Biocon Ltd. | Healthcare | BIOCON | |
| Caplin Point Laboratories Ltd. | Healthcare | CAPLIPOINT | |
| Cipla Ltd. | Healthcare | CIPLA | |
| Cohance Lifesciences Ltd. | Healthcare | COHANCE | |
| Concord Biotech Ltd. | Healthcare | CONCORDBIO | |
| Divi's Laboratories Ltd. | Healthcare | DIVISLAB | |
| Dr. Lal Path Labs Ltd. | Healthcare | LALPATHLAB | |
| Dr. Reddy's Laboratories Ltd. | Healthcare | DRREDDY | |
| Emcure Pharmaceuticals Ltd. | Healthcare | EMCURE | |
| Fortis Healthcare Ltd. | Healthcare | FORTIS | |
| Gland Pharma Ltd. | Healthcare | GLAND | |
| Glaxosmithkline Pharmaceuticals Ltd. | Healthcare | GLAXO | |
| Glenmark Pharmaceuticals Ltd. | Healthcare | GLENMARK | |
| Global Health Ltd. | Healthcare | MEDANTA | |
| Granules India Ltd. | Healthcare | GRANULES | |
| Ipca Laboratories Ltd. | Healthcare | IPCALAB | |
| Krishna Institute of Medical Sciences Ltd. | Healthcare | KIMS | |
| Laurus Labs Ltd. | Healthcare | LAURUSLABS | |
| Lupin Ltd. | Healthcare | LUPIN | |
| Mankind Pharma Ltd. | Healthcare | MANKIND | |
| Max Healthcare Institute Ltd. | Healthcare | MAXHEALTH | |
| NATCO Pharma Ltd. | Healthcare | NATCOPHARM | |
| Narayana Hrudayalaya Ltd. | Healthcare | NH | |
| Neuland Laboratories Ltd. | Healthcare | NEULANDLAB | |
| Onesource Specialty Pharma Ltd. | Healthcare | ONESOURCE | |
| Piramal Pharma Ltd. | Healthcare | PPLPHARMA | |
| Poly Medicure Ltd. | Healthcare | POLYMED | |
| Rainbow Childrens Medicare Ltd. | Healthcare | RAINBOW | |
| Rubicon Research Ltd. | Healthcare | RUBICON | |
| Sai Life Sciences Ltd. | Healthcare | SAILIFE | |
| Sun Pharmaceutical Industries Ltd. | Healthcare | SUNPHARMA | |
| Syngene International Ltd. | Healthcare | SYNGENE | |
| Torrent Pharmaceuticals Ltd. | Healthcare | TORNTPHARM | |
| Vijaya Diagnostic Centre Ltd. | Healthcare | VIJAYA | |
| Wockhardt Ltd. | Healthcare | WOCKPHARMA | |
| Zydus Lifesciences Ltd. | Healthcare | ZYDUSLIFE |
Against the Nifty 500
How Nifty500 Healthcare has done against the broad market it is part of. Over 21 years it beat the Nifty 500 by 2.4 percentage points a year, and was ahead in 10 of 20 calendar years.
Relative strength
Weekly: Nifty500 Healthcare's total return divided by the Nifty 500's, 100 at the start of the range shown.
How to read it. Rising: Nifty500 Healthcare is outrunning the Nifty 500. Falling: it is lagging. The level means nothing; the direction is the reading.
Loading chart…
Three-year lead or lag
Weekly: Nifty500 Healthcare'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…
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 year | Up capture | Down capture | Beta | Correlation | Tracking error | |
|---|---|---|---|---|---|---|
| Full history, from May 2005 | +2.4 pts | 78 | 56 | 0.64 | 0.72 | 15.8% |
| Last 5 years, from Oct 2021 | +4.4 pts | 100 | 75 | 0.78 | 0.73 | 11.3% |
Models and ETFs
No Tipsheet model uses Nifty500 Healthcare. 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.
| ETF | NSE symbol | Expense ratio | Assets | Tracking difference, 1 year | Tracking error, 1 year | Daily traded value (median) | More |
|---|---|---|---|---|---|---|---|
| Mirae Asset Nifty 500 Healthcare ETF | HEALTHCARE | 0.16% | ₹14.4 cr | – | – | ₹0.1 cr |
Data and sources
Nifty500 Healthcare is computed and published by NSE Indices. History here starts 1 Apr 2005; NSE launched the index on 25 Jun 2025, from a base date of April 01, 2005. 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 Healthcare there to download its full series.
- Nifty500 Healthcare on niftyindices.com: description and methodology
- NSE's monthly factsheet (PDF)
- Current constituents (CSV)
- The weekly series on this page (JSON): growth of 100, drawdown, volatility and rolling returns
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
The question
Data
Every chart has a table view, a CSV download and a link to its published JSON. Bundles are listed in data status.