Nifty India Tourism Index 

Nifty India Tourism Index aims to track the performance of stocks from the Nifty 500 Index which represent the travel and tourism theme. The largest 30 stocks from eligible basic industries are selected based on 6 month average free-float market capitalization Which will helps track the growth of Indian tourism industry.

LAUNCH DATE : June 28, 2024

Highlights :

• The index has a base date of April 01, 2005, with a base value of 1000
• Stocks part of the Nifty 500 index at the time of review are eligible for inclusion in the index
• Stocks forming part of the eligible basic industries shall be eligible to be included from the universe at the time of review
• The index comprises of a maximum of 30 stocks
• The weight of each stock in the index is based on free float market capitalization
• The index is reconstituted semi-annually and rebalanced quarterly
• Stock weights are capped at 20%

♦Nifty India Tourism Index can be used for a variety of purposes such as benchmarking fund portfolios, launching of index funds, ETFs and structured products.

♦Index Variant: Nifty India Tourism Total Returns Index.

Portfolio Characteristics 

Methodology	Periodic Capped Free Float
No. of Constituents	17
Launch Date	June 18, 2024
Base Date	April 01, 2005
Base Value	1000
Calculation Frequency	End of day
Index Rebalancing	Semi – Annually

Sector Representation  

Sector	Weight(%)
Consumer Services	65.93
Services	30.88
Consumer Durables	3.19

 

index Returns (%)	QTD	YTD	1 Years	5 Year	Inception
Price Return	10.75	22.38	45.42	21.94	11.75
Total Return	10.82	22.46	45.75	22.25	12.47

 

Statistics ##	1 Year	5 Years	Since Inception
Std. Deviation	19.25	24.86	26.55
Beta (NIFTY 50)	0.98	0.92	0.88
Correlation (NIFTY 50)	0.65	0.72	0.71

 

Fundamentals 

P/E	P/B	Dividend Yield
58.42	21.77	0.17

Top Constituents By Weightage

Company’s Name

Weight (%)

Inter Globe Aviation Ltd.	20.31
Indian Hotels Co. Ltd.	19.26
Indian Railway Catering And Tourism	13.31
GMR Airports Infrastructure Ltd.	10.57
Jubilant Food works Ltd.	9.54
EIH Ltd.	4.04
Lemon Tree Hotels Ltd.	3.13
Sapphire Foods India Ltd.	3.01
Devyani International Ltd.	2.90
Westlife Food world Ltd.	2.49

 

Index Methodology

Nifty India Tourism Index aims to track the performance of the top 30 stocks, selected based on free-float market capitalization, from the Nifty 500 Index which represent the travel and tourism theme.

• The index has a base date of April 01, 2005 and a base value of 1000.
• Stocks forming part / going to be a part of the Nifty 500 index at the time of review are eligible for inclusion in the index.
• Stocks forming part of the eligible basic industries shall be eligible to be included from the universe at the time of review
• Weight of each stock is based on its free-float market capitalization
• The index comprises a maximum of 30 stocks
• The Index is reconstituted semi-annually and rebalanced quarterly
• Stock weights are capped at 20% Index Governance: A professional team manages all NSE indices. There is a three-tier governance structure comprising the Board of Directors of NSE Indices Limited, the Index Advisory Committee (Equity) and the Index Maintenance Sub-Committee.

Key Indices

Broad Market	Sectoral Indices	Thematic Indices	Strategy Indices	Fixed Income
Nifty 50	Nifty Bank	Nifty CPSE	Nifty100 Equal Weight	Nifty 10 yr Benchmark G-Sec
Nifty Next 50	Nifty IT	Nifty Commodities	Nifty50 PR 1x Inverse	Nifty 8-13 yr G-Sec
Nifty 100	Nifty PSU Bank	Nifty Energy	Nifty50 PR 2x Leverage	Nifty 4-8 yr G-Sec
Nifty 200	Nifty FMCG	Nifty Shariah 25	Nifty50 Value 20	Nifty 11-15 yr G-Sec
Nifty 500	Nifty Private Bank	Nifty 100 Liquid15	Nifty100 Quality 30	Nifty 15 yr and above G-Sec
Nifty Midcap 50	Nifty Metal	Nifty Infrastructure	Nifty Low Volatility 50	Nifty Composite G-Sec
Nifty Midcap 100	Nifty Financial Services	Nifty Corporate Group	Nifty Alpha 50	Nifty 1D Rate

 

Contact :
Email: indices@nse.co.in | Tel: +91 22 26598386 | Fax: +91 22 26598120

Learn more at: www.niftyindices.com