indexPe

Nifty India New Age Consumption PE Ratio

Moderately UndervaluedThematicNSELast updated: 1 Oct 2026
Select Metric:
Current PE Ratio
43.33
1Y Median PE
52.47
vs 1Y Median
-17.42%

Valuation Percentile

Nifty India New Age Consumption's PB is cheaper than 99% of the last year.

Not enough history for a 5Y percentile, showing 1Y instead.

As of 1 Oct 2026 ยท 1Y daily data (246 obs)

The Nifty India New Age Consumption PE ratio is 43.33 as of 1 October 2026, about 17% below its 1-year median of 52.47, which places it in moderately undervalued territory on a historical basis.

PE Ratio vs Historical Medians

PeriodMedian PECurrent vs Median
1 Year52.47-17.42%

Historical PE Ratio

Series start. P/E is published from 21 Oct 2024. Index values go back to 1 Apr 2005.

Earnings

Index earnings are the profits behind the index level: the closing value divided by the P/E ratio, in index points. The line moves in steps because it changes only when trailing four-quarter profits are updated or the constituents change. Compare it with price to see whether a move came from earnings or from a change in what investors pay for them.

Nifty India New Age Consumption index earnings (EPS, index points)

Nifty India New Age Consumption earnings grew +10.29% a year over the last 1 year, while the index moved -7.77% a year and its P/E went from 51.8 to 43.3.

Earnings growth is annualised from the last trading day at or before the start of each window to 1 Oct 2026. Price growth uses the index level over the same two dates, excluding dividends. EPS is undefined on days with no published P/E, so those days are skipped. Past growth, not a forecast.

Ways to invest in Nifty India New Age Consumption

1 ETF and 0 index funds track this index. Prices and NAVs as of 1 Oct 2026.

ETFs (1)

ETFSymbolPriceNAVPremium1Y
Mirae Asset Nifty India New Age Consumption ETFCONSUMER11.09---7.99%

Listed for information only, not a recommendation. Check expense ratio and tracking difference before investing.

Performance and risk

1Y total return
-4.53%
5Y total return (p.a.)
+12.92%
Volatility (1Y std dev)
17.96%
Beta vs Nifty 50 (1Y)
1.21

View full performance and risk

Returns as of September 2026, from the NSE factsheet for the Nifty India New Age Consumption. 1-year returns are absolute; 5-year returns are annualized.

Stocks in the Nifty India New Age Consumption

The Nifty India New Age Consumption contains 75 constituents. Its largest sectors by weight are Consumer Services (25.1%) and Automobile and Auto Components (25.1%).

Consumer Services: 25.1%Automobile and Auto Components: 25.1%Consumer Durables: 13.5%Financial Services: 12.9%Realty: 8.8%Telecommunication: 7.8%+3 more sectors

Recent changes

4 October 2026: Added Aditya Birla Sun Life AMC Ltd., Meesho Ltd., Pine Labs Ltd., Prime Focus Ltd.. Removed Aditya Birla Lifestyle Brands Ltd., Chalet Hotels Ltd., Sapphire Foods India Ltd., Saregama India Ltd.

SymbolCompanyIndustryWeight(%)
MARUTIMaruti Suzuki India Ltd.Automobile and Auto Components5.10
BHARTIARTLBharti Airtel Ltd.Telecommunication5.06
M&MMahindra & Mahindra Ltd.Automobile and Auto Components4.99
ETERNALEternal Ltd.Consumer Services4.91
TITANTitan Company Ltd.Consumer Durables4.83
INDIGOInterGlobe Aviation Ltd.Services4.66
BAJAJ-AUTOBajaj Auto Ltd.Automobile and Auto Components3.46
TRENTTrent Ltd.Consumer Services3.29
PAYTMOne 97 Communications Ltd.Financial Services2.99
EICHERMOTEicher Motors Ltd.Automobile and Auto Components2.88
360ONE360 ONE WAM Ltd.Financial Services
ABRELAditya Birla Real Estate Ltd.Realty
ABSLAMCAditya Birla Sun Life AMC Ltd.Financial Services
AMBERAmber Enterprises India Ltd.Consumer Durables
ANANTRAJAnant Raj Ltd.Realty
ANGELONEAngel One Ltd.Financial Services
ATHERENERGAther Energy Ltd.Automobile and Auto Components
DMARTAvenue Supermarts Ltd.Consumer Services
BATAINDIABata India Ltd.Consumer Durables
BHARTIHEXABharti Hexacom Ltd.Telecommunication
GROWWBillionbrains Garage Ventures Ltd.Financial Services
BLUESTARCOBlue Star Ltd.Consumer Durables
FIRSTCRYBrainbees Solutions Ltd.Consumer Services
BRIGADEBrigade Enterprises Ltd.Realty
CARTRADECartrade Tech Ltd.Consumer Services
CROMPTONCrompton Greaves Consumer Electricals Ltd.Consumer Durables
DLFDLF Ltd.Realty
DEVYANIDevyani International Ltd.Consumer Services
DIXONDixon Technologies (India) Ltd.Consumer Durables
EIHOTELEIH Ltd.Consumer Services
NYKAAFSN E-Commerce Ventures Ltd.Consumer Services
FORCEMOTForce Motors Ltd.Automobile and Auto Components
GODREJPROPGodrej Properties Ltd.Realty
HDFCAMCHDFC Asset Management Company Ltd.Financial Services
HAVELLSHavells India Ltd.Consumer Durables
HEROMOTOCOHero MotoCorp Ltd.Automobile and Auto Components
HYUNDAIHyundai Motor India Ltd.Automobile and Auto Components
ICICIAMCICICI Prudential Asset Management Company Ltd.Financial Services
ITCHOTELSITC Hotels Ltd.Consumer Services
INDIAMARTIndiamart Intermesh Ltd.Consumer Services
INDHOTELIndian Hotels Co. Ltd.Consumer Services
IRCTCIndian Railway Catering And Tourism Corporation Ltd.Consumer Services
NAUKRIInfo Edge (India) Ltd.Consumer Services
JUBLFOODJubilant Foodworks Ltd.Consumer Services
KPRMILLK.P.R. Mill Ltd.Textiles
KALYANKJILKalyan Jewellers India Ltd.Consumer Durables
LGEINDIALG Electronics India Ltd.Consumer Durables
LEMONTREELemon Tree Hotels Ltd.Consumer Services
LENSKARTLenskart Solutions Ltd.Consumer Services
LODHALodha Developers Ltd.Realty
MEESHOMeesho Ltd.Consumer Services
MOTILALOFSMotilal Oswal Financial Services Ltd.Financial Services
NAM-INDIANippon Life India Asset Management Ltd.Financial Services
NUVAMANuvama Wealth Management Ltd.Financial Services
OBEROIRLTYOberoi Realty Ltd.Realty
OLAELECOla Electric Mobility Ltd.Automobile and Auto Components
POLICYBZRPB Fintech Ltd.Financial Services
PGELPG Electroplast Ltd.Consumer Durables
PVRINOXPVR INOX Ltd.Media Entertainment & Publication
PAGEINDPage Industries Ltd.Textiles
PHOENIXLTDPhoenix Mills Ltd.Realty
PWLPhysicswallah Ltd.Consumer Services
PINELABSPine Labs Ltd.Financial Services
PRESTIGEPrestige Estates Projects Ltd.Realty
PFOCUSPrime Focus Ltd.Media Entertainment & Publication
SOBHASobha Ltd.Realty
SWIGGYSwiggy Ltd.Consumer Services
TVSMOTORTVS Motor Company Ltd.Automobile and Auto Components
TATACOMMTata Communications Ltd.Telecommunication
TMPVTata Motors Passenger Vehicles Ltd.Automobile and Auto Components
VMMVishal Mega Mart Ltd.Consumer Services
IDEAVodafone Idea Ltd.Telecommunication
VOLTASVoltas Ltd.Consumer Durables
WHIRLPOOLWhirlpool of India Ltd.Consumer Durables
ZEELZee Entertainment Enterprises Ltd.Media Entertainment & Publication

Constituent list as of 4 October 2026, sourced from NSE Indices. Weights as of 30 September 2026, from the NSE factsheet.

How this index works

Selection
NSE Indices has developed the Nifty India New Age Consumption Index which aims to track the performance of stocks from the Nifty 500 Index which represent the new age consumption theme.
Weight cap
At the time of rebalancing of shares/ change in index constituents/ change in investable weight factors (IWFs), the weightage of the index constituent (where applicable) is capped at 10%.

Summarised from NSE's official methodology document (PDF) for the Nifty India New Age Consumption; the PDF is authoritative.

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Frequently Asked Questions

What is the current Nifty India New Age Consumption PE ratio?

As of 1 October 2026, the Nifty India New Age Consumption PE ratio is 43.33. That is about 17% below its 1-year median of 52.47.

Is the Nifty India New Age Consumption undervalued right now?

On a historical basis it screens as moderately undervalued. Its current PE of 43.33 sits below every median window: 1-year (52.47).

What is a normal PE ratio for the Nifty India New Age Consumption?

Over the past one year its median PE has been 52.47, and over the past six months 46.84. Today's 43.33 is toward the lower end of that historical range.

How many stocks are in the Nifty India New Age Consumption?

The Nifty India New Age Consumption contains 75 stocks. By number of companies, its largest sectors are Consumer Services (20 stocks), Consumer Durables (12 stocks) and Financial Services (12 stocks).

What returns has the Nifty India New Age Consumption delivered?

As of September 2026, the Nifty India New Age Consumption total return (with dividends reinvested) is -4.53% over the past year and +12.92% 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 India New Age Consumption?

Over the year to September 2026, the Nifty India New Age Consumption had an annualized volatility (standard deviation of daily returns) of 17.96%. Its beta versus the Nifty 50 is 1.21, meaning it has moved more than the broad market.

How fast have Nifty India New Age Consumption earnings grown?

Nifty India New Age Consumption earnings, measured as the index level divided by its P/E, grew +10.29% a year over the last 1 year, while the index itself moved -7.77% a year and its P/E fell from 51.81 to 43.33. Past growth, not a forecast.

Last updated: 1 October 2026.