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.
Table of Contents
ToggleWhat 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 | Weightage | Sector |
---|---|---|
HDFC BANK LTD | 23.82% | Bank |
ICICI BANK LTD | 13.15% | Bank |
STATE BANK OF INDIA LTD | 10.13% | Bank |
HOUSING DEVELOPMENT FINANCE CORPORATION LTD | 9.53% | Financial Services |
BAJAJ FINANCE LTD | 8.66% | Consumer Finance |
KOTAK MAHINDRA BANK LTD | 7.38% | Bank |
AXIS BANK LTD | 5.64% | Bank |
BAJAJ FINSERV LTD | 4.90% | Financial Services |
HDFC LIFE INSURANCE CO LTD | 2.62% | Insurance |
SBI LIFE INSURANCE COMPANY LTD | 2.44% | Insurance |
CHOLAMANDALAM INVESTMENT & FINANCE COMPANY LTD | 1.76% | Consumer Finance |
BAJAJ HOLDINGS & INVESTMENT LTD | 1.56% | Financial Services |
ICICI PRUDENTIAL LIFE INSURANCE COMPANY LTD | 1.49% | Insurance |
ICICI LOMBARD GENERAL INSURANCE CO LTD | 1.30% | Insurance |
SHRIRAM FINANCE LTD | 1.30% | Consumer Finance |
POWER FINANCE CORPORATION LTD | 1.13% | Financial Services |
HDFC ASSET MANAGEMENT COMPANY LTD | 1.01% | Capital Markets |
REC LTD | 0.80% | Financial Services |
MAHINDRA & MAHINDRA FINANCIAL SERVICES LTD | 0.73% | Consumer Finance |
PIRAMAL ENTERPRISES LTD | 0.45% | Financial Services |
Finance Nifty Weightage Based on Sector
Sector | Weightage |
---|---|
Bank | 60.33% |
Finance | 31.36% |
Insurance | 7.86% |
Healthcare | 0.45% |
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 Return | 2.88% |
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 Return | 16.30% |
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 Return | 7.16% |
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 Return | 0.79% |
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 Return | 31.16% |
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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