Factsheet Nifty Oil and Gas

April 30, 2024
The Nifty Oil & Gas Index is designed to reflect the behaviour and performance of the companies belonging to Oil, Gas and Petroleum
industry. The Nifty Oil & Gas Index comprises of maximum of 15 tradable, exchange listed companies.
Nifty Oil & Gas Index is computed using free float market capitalization method, wherein the level of the index reflects the total free
float market value of all the stocks in the index relative to particular base market capitalization value.
Nifty Oil & Gas 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 Oil & Gas Total Returns Index.
Portfolio Characteristics
Methodology Periodic Capped Free Float Index Since
QTD YTD 1 Year 5 Years
Returns (%) # Inception
No. of Constituents 15
Price Return 3.37 24.54 57.86 17.54 13.81
Launch Date January 15, 2020 Total Return 3.37 24.93 59.08 19.69 16.27
Base Date April 01, 2005
Since
Base Value 1000 Statistics ## 1 Year 5 Years
Inception
Calculation Frequency Real-Time Std. Deviation * 17.56 22.98 24.18
Index Rebalancing Semi - Annually Beta (NIFTY 50) 1.19 0.93 0.94
Correlation (NIFTY 50) 0.67 0.77 0.84
1 Year Performance Comparison of Sector Indices
Fundamentals
P/E P/B Dividend Yield
9.69 2.13 2.27
Top constituents by weightage
Company’s Name Weight(%)
Reliance Industries Ltd. 31.56

Oil & Natural Gas Corporation Ltd. 16.75
Indian Oil Corporation Ltd. 9.41
Bharat Petroleum Corporation Ltd. 8.80
GAIL (India) Ltd. 8.56
Hindustan Petroleum Corporation Ltd. 4.80
Adani Total Gas Ltd. 3.88
Petronet LNG Ltd. 3.54
Oil India Ltd. 3.37
Indraprastha Gas Ltd. 2.49
## Based on Price Return Index.

# QTD,YTD and 1 year returns are absolute returns.Returns for greater than one year are CAGR returns.
* Average daily standard deviation annualised
Disclaimer: All information contained herewith is provided for reference purpose only. NSE Indices Limited (formerly known as India Index Services & Products Limited-IISL) ensures accuracy
and reliability of the above information to the best of its endeavors. However, NSE Indices Limited makes no warranty or representation as to the accuracy, completeness or reliability of any of
the information contained herein and disclaim any and all liability whatsoever to any person for any damage or loss of any nature arising from or as a result of reliance on any of the information
provided herein. The information contained in this document is not intended to provide any professional advice.
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April 30, 2024
Index Methodology
Eligibility Criteria for Selection of Constituent Stocks:
i. Companies should form a part of Nifty 500 at the time of reconstitution.
ii. Companies should form a part of the Oil, Gas & Petroleum Industry.
iii. Final selection of 15 companies shall be done based on the free-float market capitalization of the companies.
iv.Weightage of each stock in the index is be calculated based on its free-float market capitalization such that no single stock shall be
more than 33% and weightage of top 3 stocks cumulatively shall not be more than 62% at the time of rebalancing
Index Re-Balancing:
Index is re-balanced on semi-annual basis. The cut-off date is January 31 and July 31 of each year, i.e. For semi-annual review of
indices, average data for six months ending the cut-off date is considered. Four weeks prior notice is given to market from the date of
change.
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 Indices 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 Us:
Email: [email protected] | Tel: +91 22 26598386 | Fax: +91 22 26598120
Learn more at: www.niftyindices.com
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April 30, 2024

Index Variant: Nifty Oil & Gas Total Returns Index.

Top constituents by weightage

Company’s Name Weight(%)

Reliance Industries Ltd. 31.56

## Based on Price Return Index.

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