Sectoral Fund Benchmark on WebNotes

NIFTY Bank TRI

Tue, 12 May 2026 00:00:00 +0000

The NIFTY Bank Total Returns Index (NIFTY Bank TRI), also widely known as Bank Nifty TRI, is the dividend-reinvested variant of the NIFTY Bank index maintained by NSE Indices Limited. The NIFTY Bank index comprises the 12 most liquid and capitalised banking sector stocks listed on the National Stock Exchange of India (NSE) , spanning private sector banks, public sector banks, and small finance banks. The underlying price return index, NIFTY Bank (Bank Nifty), is one of the most actively traded derivatives contracts in the world by open interest, while the TRI variant serves as the benchmark for banking sector mutual fund schemes and ETFs in India.

NIFTY FMCG TRI

Tue, 12 May 2026 00:00:00 +0000

The NIFTY FMCG Total Returns Index (NIFTY FMCG TRI) is the dividend-reinvested variant of the NIFTY FMCG index, published by NSE Indices Limited. The index covers the 15 largest and most liquid fast-moving consumer goods (FMCG) companies listed on the National Stock Exchange of India (NSE) . The FMCG sector encompasses companies that produce household staples, packaged foods, beverages, personal care products, and over-the-counter consumer health products – all characterised by high sales volume, relatively low unit value, and repetitive purchase cycles. The NIFTY FMCG TRI serves as the benchmark for FMCG and consumption-themed mutual fund schemes and ETFs in India.

NIFTY IT TRI

Tue, 12 May 2026 00:00:00 +0000

The NIFTY IT Total Returns Index (NIFTY IT TRI) is the dividend-reinvested variant of the NIFTY IT index, administered by NSE Indices Limited. The index tracks the 10 largest and most liquid information technology companies listed on the National Stock Exchange of India (NSE) , encompassing India’s premier software services exporters, IT consulting companies, and digital transformation providers. It is among the most internationally linked of all sectoral Indian indices: the revenue and earnings of its constituents are predominantly denominated in US dollars and Euros, making the index sensitive to global technology spending cycles, the rupee-dollar exchange rate, and demand from US and European corporations.

NIFTY Pharma TRI

Tue, 12 May 2026 00:00:00 +0000

The NIFTY Pharma Total Returns Index (NIFTY Pharma TRI) is the dividend-reinvested variant of the NIFTY Pharma index, maintained by NSE Indices Limited. The index covers the 20 largest and most liquid pharmaceutical and healthcare-related companies listed on the National Stock Exchange of India (NSE) . India is the world’s third-largest pharmaceutical producer by volume and the largest supplier of generic medicines globally; the NIFTY Pharma index reflects this industry’s representation in the Indian equity market. The TRI variant is used as the performance benchmark for pharmaceutical and healthcare sector mutual fund schemes and ETFs.