indexPe

Nifty Dividend Opportunities 50 PE Ratio

Moderately UndervaluedStrategyNSELast updated: 20 Aug 2026
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Current PE Ratio
13.35
5Y Median PE
15.07
vs 5Y Median
-11.41%

Valuation Percentile

Nifty Dividend Opportunities 50's PB is cheaper than 100% of the last 5 years.

As of 20 Aug 2026 · 5Y daily data (1,240 obs)

The Nifty Dividend Opportunities 50 PE ratio is 13.35 as of 20 August 2026, about 11% below its 5-year median of 15.07, which places it in moderately undervalued territory on a historical basis.

PE Ratio vs Historical Medians

PeriodMedian PECurrent vs Median
Full history15.50-13.87%
7 Years15.23-12.34%
5 Years15.07-11.41%
3 Years15.16-11.94%
1 Year14.43-7.48%

Historical PE Ratio

Performance and risk

1Y total return
+3.24%
5Y total return (p.a.)
+14.21%
Volatility (1Y std dev)
13.38%
Beta vs Nifty 50 (1Y)
0.88

1-year holding windows since 2007 returned a median of +11.67% (best +130.92%, worst -49.72%).

Today's PE of 13.54 sits in band 1 of 5 of this index's history (PE below 14.3). From this band, 5-year forward returns had a median of +25.76% a year and were positive in 100% of windows (103 windows since 2018).

View full performance and risk

Returns as of July 2026, from the NSE factsheet for the Nifty Dividend Opportunities 50. 1-year returns are absolute; 5-year returns are annualized.

Stocks in the Nifty Dividend Opportunities 50

The Nifty Dividend Opportunities 50 contains 50 constituents. Its largest sectors by weight are Information Technology (24.8%) and Financial Services (24.8%).

Information Technology: 24.8%Financial Services: 24.8%Fast Moving Consumer Goods: 14.8%Oil, Gas & Consumable Fuels: 10.6%Power: 8.1%Metals & Mining: 7.8%+4 more sectors
SymbolCompanyIndustryWeight(%)
INFYInfosys Ltd.Information Technology9.92
SBINState Bank of IndiaFinancial Services9.72
ITCITC Ltd.Fast Moving Consumer Goods6.78
TCSTata Consultancy Services Ltd.Information Technology6.04
HINDUNILVRHindustan Unilever Ltd.Fast Moving Consumer Goods4.67
NTPCNTPC Ltd.Power4.12
TATASTEELTata Steel Ltd.Metals & Mining3.92
SHRIRAMFINShriram Finance Ltd.Financial Services3.67
HCLTECHHCL Technologies Ltd.Information Technology3.55
POWERGRIDPower Grid Corporation of India Ltd.Power3.22
ANGELONEAngel One Ltd.Financial Services
ASHOKLEYAshok Leyland Ltd.Capital Goods
BAJAJ-AUTOBajaj Auto Ltd.Automobile and Auto Components
BANKBARODABank of BarodaFinancial Services
BANKINDIABank of IndiaFinancial Services
MAHABANKBank of MaharashtraFinancial Services
BPCLBharat Petroleum Corporation Ltd.Oil Gas & Consumable Fuels
BRITANNIABritannia Industries Ltd.Fast Moving Consumer Goods
CANBKCanara BankFinancial Services
COALINDIACoal India Ltd.Oil Gas & Consumable Fuels
COLPALColgate Palmolive (India) Ltd.Fast Moving Consumer Goods
CUMMINSINDCummins India Ltd.Capital Goods
GAILGAIL (India) Ltd.Oil Gas & Consumable Fuels
GODREJCPGodrej Consumer Products Ltd.Fast Moving Consumer Goods
HDFCAMCHDFC Asset Management Company Ltd.Financial Services
HEROMOTOCOHero MotoCorp Ltd.Automobile and Auto Components
HINDPETROHindustan Petroleum Corporation Ltd.Oil Gas & Consumable Fuels
HINDZINCHindustan Zinc Ltd.Metals & Mining
HUDCOHousing & Urban Development Corporation Ltd.Financial Services
INDIANBIndian BankFinancial Services
IOCIndian Oil Corporation Ltd.Oil Gas & Consumable Fuels
IRFCIndian Railway Finance Corporation Ltd.Financial Services
M&MFINMahindra & Mahindra Financial Services Ltd.Financial Services
MPHASISMphasiS Ltd.Information Technology
NHPCNHPC Ltd.Power
NMDCNMDC Ltd.Metals & Mining
NATIONALUMNational Aluminium Co. Ltd.Metals & Mining
ONGCOil & Natural Gas Corporation Ltd.Oil Gas & Consumable Fuels
OILOil India Ltd.Oil Gas & Consumable Fuels
OFSSOracle Financial Services Software Ltd.Information Technology
PAGEINDPage Industries Ltd.Textiles
PFCPower Finance Corporation Ltd.Financial Services
PNBPunjab National BankFinancial Services
RECLTDREC Ltd.Financial Services
REDINGTONRedington Ltd.Services
SAILSteel Authority of India Ltd.Metals & Mining
TECHMTech Mahindra Ltd.Information Technology
UNIONBANKUnion Bank of IndiaFinancial Services
VEDLVedanta Ltd.Metals & Mining
WIPROWipro Ltd.Information Technology

Constituent list as of 16 August 2026, sourced from NSE Indices. Weights as of 31 July 2026, from the NSE factsheet.

How this index works

Universe
• The company must be domiciled in India and traded (listed & traded and not listed but permitted to trade) at the National Stock Exchange (NSE) are eligible for inclusion in the Nifty indices • Convertible stock, bonds, warrants, rights, and preferred stock that provide a guaranteed fixed return,
Selection
Introduction The Nifty Dividend Opportunities 50 Index is designed to provide exposure to high yielding companies listed on NSE while meeting stability and tradability requirements. The index comprises of 50 companies. A key feature of the index is the methodology of selection of stocks i.e.
Rebalanced
Annually. The review of Nifty Dividend Opportunities 50 index is undertaken annually based on data for six months ending January.
Weight cap
The month over month change in allocation to equity component (Nifty 50 TR, excluding arbitrage component) by asset allocation model at the time of rebalancing is capped at 10%

Summarised from NSE's official methodology document (PDF) for the Nifty Dividend Opportunities 50; the PDF is authoritative.

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Frequently Asked Questions

What is the current Nifty Dividend Opportunities 50 PE ratio?

As of 20 August 2026, the Nifty Dividend Opportunities 50 PE ratio is 13.35. That is about 11% below its 5-year median of 15.07 and about 7% below its 1-year median of 14.43.

Is the Nifty Dividend Opportunities 50 undervalued right now?

On a historical basis it screens as moderately undervalued. Its current PE of 13.35 sits below every median window: 1-year (14.43), 3-year (15.16), 5-year (15.07), 7-year (15.23) and full-history (15.50).

What is a normal PE ratio for the Nifty Dividend Opportunities 50?

Over the past five years its median PE has been 15.07, and over the past three years 15.16. Today's 13.35 is toward the lower end of that historical range.

How many stocks are in the Nifty Dividend Opportunities 50?

The Nifty Dividend Opportunities 50 contains 50 stocks. By number of companies, its largest sectors are Financial Services (16 stocks), Information Technology (7 stocks) and Oil Gas & Consumable Fuels (7 stocks).

What returns has the Nifty Dividend Opportunities 50 delivered?

As of July 2026, the Nifty Dividend Opportunities 50 total return (with dividends reinvested) is +3.24% over the past year and +14.21% annualized over the past five years. One-year figures are absolute; multi-year figures are annualized (CAGR). Data from the NSE factsheet.

How volatile is the Nifty Dividend Opportunities 50?

Over the year to July 2026, the Nifty Dividend Opportunities 50 had an annualized volatility (standard deviation of daily returns) of 13.38%. Its beta versus the Nifty 50 is 0.88, meaning it has moved less than the broad market.

What is a typical one-year return for the Nifty Dividend Opportunities 50?

Across every one-year holding window since 2007, the Nifty Dividend Opportunities 50 total return has a median of +11.67%, with the best window at +130.92% and the worst at -49.72%. Based on NSE Total Returns Index data; a past distribution, not a prediction.

What have 5-year returns been from PE levels like today's?

The Nifty Dividend Opportunities 50 currently trades at a PE of 13.54, in band 1 of 5 of its own PE history. Across 103 overlapping 5-year windows since 2018 that began in this band, the median forward return was +25.76% a year, positive in 100% of windows. A past distribution, not a prediction.

How often is the Nifty Dividend Opportunities 50 rebalanced?

The Nifty Dividend Opportunities 50 is rebalanced annually. The review of Nifty Dividend Opportunities 50 index is undertaken annually based on data for six months ending January. Details are in the official NSE methodology document.

Last updated: 20 August 2026.