Nifty Growth Sectors 15 PE Ratio
Valuation Percentile
Nifty Growth Sectors 15's PB is cheaper than 86% of the last 5 years.
The Nifty Growth Sectors 15 PE ratio is 26.71 as of 11 September 2026, about 18% below its 5-year median of 32.60, which places it in moderately undervalued territory on a historical basis.
PE Ratio vs Historical Medians
| Period | Median PE | Current vs Median |
|---|---|---|
| Full history | 32.69 | -18.29% |
| 7 Years | 32.48 | -17.78% |
| 5 Years | 32.60 | -18.07% |
| 3 Years | 31.56 | -15.38% |
| 1 Year | 29.53 | -9.55% |
Historical PE Ratio
Performance and risk
1-year holding windows since 2009 returned a median of +14.72% (best +105.09%, worst -33.41%).
Today's PE of 27.46 sits in band 1 of 5 of this index's history (PE below 29.3). From this band, 5-year forward returns had a median of +18.51% a year and were positive in 100% of windows (196 windows since 2018).
View full performance and risk
Returns as of August 2026, from the NSE factsheet for the Nifty Growth Sectors 15. 1-year returns are absolute; 5-year returns are annualized.
Stocks in the Nifty Growth Sectors 15
The Nifty Growth Sectors 15 contains 15 constituents. Its largest sectors by weight are Information Technology (31.5%) and Automobile and Auto Components (27.8%).
Constituent list as of 13 September 2026, sourced from NSE Indices. Weights as of 31 August 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 Nifty Growth Sectors 15 Index is designed to provide investors exposure to the liquid stocks from sectors of market interest.
- 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 Growth Sectors 15; the PDF is authoritative.
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Frequently Asked Questions
What is the current Nifty Growth Sectors 15 PE ratio?
As of 11 September 2026, the Nifty Growth Sectors 15 PE ratio is 26.71. That is about 18% below its 5-year median of 32.60 and about 10% below its 1-year median of 29.53.
Is the Nifty Growth Sectors 15 undervalued right now?
On a historical basis it screens as moderately undervalued. Its current PE of 26.71 sits below every median window: 1-year (29.53), 3-year (31.56), 5-year (32.60), 7-year (32.48) and full-history (32.69).
What is a normal PE ratio for the Nifty Growth Sectors 15?
Over the past five years its median PE has been 32.60, and over the past three years 31.56. Today's 26.71 is toward the lower end of that historical range.
How many stocks are in the Nifty Growth Sectors 15?
The Nifty Growth Sectors 15 contains 15 stocks. By number of companies, its largest sectors are Automobile and Auto Components (4 stocks), Healthcare (4 stocks) and Information Technology (4 stocks).
What returns has the Nifty Growth Sectors 15 delivered?
As of August 2026, the Nifty Growth Sectors 15 total return (with dividends reinvested) is +1.46% over the past year and +10.01% 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 Growth Sectors 15?
Over the year to August 2026, the Nifty Growth Sectors 15 had an annualized volatility (standard deviation of daily returns) of 14.57%. 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 Growth Sectors 15?
Across every one-year holding window since 2009, the Nifty Growth Sectors 15 total return has a median of +14.72%, with the best window at +105.09% and the worst at -33.41%. 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 Growth Sectors 15 currently trades at a PE of 27.46, in band 1 of 5 of its own PE history. Across 196 overlapping 5-year windows since 2018 that began in this band, the median forward return was +18.51% a year, positive in 100% of windows. A past distribution, not a prediction.
How often is the Nifty Growth Sectors 15 rebalanced?
The Nifty Growth Sectors 15 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: 11 September 2026.