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Finance Nifty Weightage | Nifty Financial Services Weightage 2023

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Finance Nifty Weightage, Finnifty Weightage, Nifty Financial Services Weightage, Fin Nifty Weightage, Finnifty Weightage Stocks 2023 – A Detailed Information

Are you looking for Finance Nifty Weightage List or you want to know in detail about Fin Nifty, If yes, Than you are at the right place.

If you are investor or trader, the list of Fin Nifty Weightage will help you a lot. And ofcourse, the proper knowledge of the Weightage of Finance Nifty will help you to know many things about its future price.

In this post, we will know about Finance Nifty Weightage, so stick till the end of this post, let’s get started.

What is Finance Nifty?

Finance Nifty, also known as Nifty Financial Services Index or Finnifty, is an exciting stock market index that exclusively focuses on India’s top 20 financial service companies.

These companies include leading banks, non-banking financial institutions, Consumer Finance, insurance providers, and other financial intermediaries.

Unlike the broader Nifty 50 index that encompasses companies from various sectors, Finance Nifty narrows down its selection to the elite players in the financial industry.

Just magine that having a powerful Index that guides through the dynamic world of finance which provides valuable insights and opportunities for your investments.

Finance Nifty does just that!

By looking at this Index you can know the performance and potential of Finance Sector easily.FinNifty allows investors to stay informed about the Finance Matket and make well-informed decisions.

Also Read – Multibagger Penny Stocks for 2025 List

Finance Nifty Weightage List

Company Name WeightageSector
HDFC BANK LTD23.82%Bank
ICICI BANK LTD13.15%Bank
STATE BANK OF INDIA LTD10.13%Bank
HOUSING DEVELOPMENT FINANCE CORPORATION LTD9.53%Financial Services
BAJAJ FINANCE LTD8.66%Consumer Finance
KOTAK MAHINDRA BANK LTD7.38%Bank
AXIS BANK LTD5.64%Bank
BAJAJ FINSERV LTD4.90%Financial Services
HDFC LIFE INSURANCE CO LTD2.62%Insurance
SBI LIFE INSURANCE COMPANY LTD2.44%Insurance
CHOLAMANDALAM INVESTMENT & FINANCE COMPANY LTD1.76%Consumer Finance
BAJAJ HOLDINGS & INVESTMENT LTD1.56%Financial Services
ICICI PRUDENTIAL LIFE INSURANCE COMPANY LTD1.49%Insurance
ICICI LOMBARD GENERAL INSURANCE CO LTD1.30%Insurance
SHRIRAM FINANCE LTD1.30%Consumer Finance
POWER FINANCE CORPORATION LTD1.13%Financial Services
HDFC ASSET MANAGEMENT COMPANY LTD1.01%Capital Markets
REC LTD0.80%Financial Services
MAHINDRA & MAHINDRA FINANCIAL SERVICES LTD0.73%Consumer Finance
PIRAMAL ENTERPRISES LTD0.45%Financial Services
Finance Nifty Weightage | Nifty Financial Services Weightage 2023

Finance Nifty Weightage Based on Sector

SectorWeightage
Bank60.33%
Finance31.36%
Insurance 7.86%
Healthcare0.45%

Finance Nifty (FinNifty) Top 5 Stocks

Top 5 stocks of FinNifty have gained very high Weightage, Due to which most of the movement is due to these stocks. So we should also know these stocks due to which we can estimate the potential of Financial Nifty Weightage, let’s have a look.

HDFC BANK LTD

HDFC Bank is a private sector banking company that offers a wide range of financial services. It is a large cap company but currently the company has a lot of debt But it has given very good returns as it is making good profits continuously.

This bank is available in every segment of finance with its subsidiaries. Subsidiaries of HDFC Bank include HDFC Securities Ltd., HDFC Asset Management Co. Ltd, HDB Financial Services Ltd and HDFC ERGO General Insurance Co. Ltd.

Stock Weightage 23.82%
Market Cap.₹ 1265k Cr
Debt ₹ 2139k Cr
Last 6 Month Return2.88%
Last 1 Year Return 21.46%

ICICI Bank Ltd

It is also a private sector large cap company which is giving very good returns to its investors. ICICI gave excellent return of 24% in last one year. This bank also offers a variety of banking & financial services such as Bank A/C, Insurance, Credit etc.

Stock Weightage 13.15%
Market Cap.₹ 695k Cr
Debt ₹ 1252k Cr
Last 6 Month Return16.30%
Last 1 Year Return 24.20%

State Bank Of India Ltd

This is the first government banking sector stock in the top 5 of Financial Nifty. State Bank has also performed very well and its last one year returns are 17.69%. This bank is engaged in banking related services as well as other activities, like it’s segments include Treasury, Corporate/Wholesale Banking, Retail Banking and Insurance Business.

Stock Weightage 10.13%
Market Cap.₹ 544k Cr
Debt ₹ 4989k Cr
Last 6 Month Return7.16%
Last 1 Year Return 17.69%

Also Read – State Bank of India Share Price Target

Housing Development Finance Corporation Ltd

Housing Development Finance Corporation Ltd is a leading financial institution in India. The company is specializing in housing finance and related services which is Established in 1977. Housing Development Finance Corporation in short HDFC has played a important role for lakhs of people to fulfilling the dream of homeownership.

As the largest mortgage lender in India, HDFC provides a wide range of home loan products to individuals and families, catering to their diverse needs and preferences.

Stock Weightage 9.53%
Market Cap.₹ 504k Cr
Debt ₹ 582k Cr
Last 6 Month Return0.79%
Last 1 Year Return 18.34%

Bajaj Finance Ltd

As we know, Bajaj Finance has been providing financial services to the customers since many years. It is a large cap stock which has given strong returns of 22% in last one year. The debt of Bajaj Finance is much less as compared to the debt of the top 4 companies of FinNifty.

Stock Weightage 8.66%
Market Cap.₹ 460k Cr
Debt ₹ 216k Cr
Last 6 Month Return31.16%
Last 1 Year Return 22.08%

For more details about Fin Nifty, watch this video –

Conclusion

In this post we have discussed about Finance Nifty Weightage in detail. I hope you got to know a lot about Fin Nifty Weightage from this post.

If you want to know some more information or you have any doubt, then you can ask by commenting. So that’s all in this post today, if possible, share this post as much as possible so that other people also know about it.

FAQs

How many companies are there in Fin Nifty?

Total 20 companies are there in Fin Nifty.

Which is the top company in Fin Nifty

The top company in Fin Nifty is HDFC with a weightage of 23.82%.

Which are the top 5 companies in Fin Nifty?

The top 5 companies in Fin Nifty are HDFC Bank, ICICI Bank, SBI Bank, Housing Development Finance Corporation and Bajaj Finance.

What is the weightage of Top 10 Stocks in Finance Nifty?

88.29%.

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