NIFTY LOW VOLATILITY 50 (NIFTY LOW VOLATILITY 50) live share price today at NSE

What is the Nifty Low Volatility 50 Index?

The Nifty Low Volatility 50 index is a strategy-based index of the National Stock Exchange (NSE) of India. It was constituted with 50 NSE-listed stocks to evaluate the performance and behaviour of the least volatile stocks. 

The Nifty Low Volatility 50 index was launched by NSE Indices Limited, a wholly owned subsidiary of the NSE, on 19th November 2012. The index carries a base value of 1000 and a base date of 31st December 2003. 

The Nifty Low Volatility 50 index covers over 15 sectors of the Indian stock market, led by FMCG (21.17%), Financial Services (19.20%), Healthcare (15.73%), Information Technology (9.26%), Automobile and Auto Components (8.10%), Chemicals (5.97%) and many others. 

Nifty Low Volatility 50 Index Stocks - Selection Criteria

The stocks of the Nifty Low Volatility 50 index are selected based on the volatility values of each of these equity shares. The top 50 stocks with the least volatility are selected for inclusion in the index. For more information on the eligibility criteria for the Nifty Low Volatility 50 Index, refer to the following: 

1. The company must be domiciled in India and traded on the National Stock Exchange (NSE). 
2. Companies must rank within the top 300 based on the average free-float market capitalisation and average daily turnover for the last six months. 
3. A stock must have a minimum listing history of 1 year. 
4. In the last 1 year, the company must have had a trading frequency of at least 1 year. 
5. As per the latest audited annual results, the company must have a positive networth. 
6. The top 50 securities with the least volatility, ranked in ascending order, are finalised. 

Nifty Low Volatility 50 Index - Constituent Weight Selection

The weightage of Nifty Low Volatility 50 stocks is decided based on their volatility values, which are calculated using the following formula. Once this value is calculated, then the stocks are ranked in ascending order, and the top 50 stocks with the least volatility are selected. 

              1

      一一一一一一一

          Volatilityi

Wi =    一一一一一一一一一

    N         1

             ∑  一一一一一一一

    i=1   Volatility

Key Takeaways on Nifty Low Volatility 50 Index

• The Nifty Low Volatility 50 index is a strategy index of the NSE. 
• It was launched on 19th November 2012 with a base date of 31st December 2003 and a base index value of 1000. 
• The Nifty Low Volatility 50 index captures the overall performance and behaviour of the least volatile NSE-listed stocks. 

The index consists of equity securities of 50 companies, which are weighted according to their volatility values.