Nifty200 Momentum 30 PE Ratio
Valuation Percentile
Nifty200 Momentum 30's PB is cheaper than 59% of the last 5 years.
The Nifty200 Momentum 30 PE ratio is 22.97 as of 1 October 2026, about 1% below its 5-year median of 23.27, which places it in fairly valued territory on a historical basis.
PE Ratio vs Historical Medians
| Period | Median PE | Current vs Median |
|---|---|---|
| 5 Years | 23.27 | -1.29% |
| 3 Years | 25.23 | -8.96% |
| 1 Year | 26.19 | -12.28% |
Historical PE Ratio
Series start. P/E is published from 25 Aug 2020. 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.
Nifty200 Momentum 30 earnings grew +3.36% a year over the last 5 years, while the index moved +8.14% a year and its P/E went from 18.3 to 23.0.
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 Nifty200 Momentum 30
5 ETFs and 8 index funds track this index. Prices and NAVs as of 1 Oct 2026.
ETFs (5)
| ETF | Symbol | Price | NAV | Premium | 1Y |
|---|---|---|---|---|---|
| ICICI Prudential Nifty 200 Momentum 30 ETF | MOM30IETF | 30 | - | - | -3.31% |
| HDFC NIFTY200 MOMENTUM 30 ETF | HDFCMOMENT | 31.4 | - | - | -1.18% |
| Motilal Oswal Nifty 200 Momentum 30 ETF | MOMOMENTUM | 60.19 | - | - | -3.45% |
| Aditya Birla Sun Life Nifty 200 Momentum 30 ETF | MOMENTUM | 30.41 | - | - | -2.90% |
| Kotak Nifty 200 Momentum 30 ETF | MOMENTUM30 | 30 | - | - | - |
Index funds (8)
| Fund | AMC | NAV | Since |
|---|---|---|---|
| UTI Nifty 200 Momentum 30 Index Fund | UTI Asset Mgmt. Co. Ltd. | 20.281 Oct 2026 | 2021 |
| Motilal Oswal Nifty 200 Momentum 30 Index Fund | Motilal Oswal Asset Management Company Limited | 14.581 Oct 2026 | 2022 |
| ICICI Prudential Nifty 200 Momentum 30 Index Fund | ICICI Prudential Asset Management Company Limited | 15.911 Oct 2026 | 2022 |
| BANDHAN NIFTY200 MOMENTUM 30 INDEX FUND | Bandhan AMC Limited | 14.931 Oct 2026 | 2022 |
| Kotak Nifty 200 Momentum 30 Index Fund | Kotak Mahindra Asset Management Company Limited. | 13.971 Oct 2026 | 2023 |
Listed for information only, not a recommendation. Check expense ratio and tracking difference before investing.
Performance and risk
1-year holding windows since 2020 returned a median of +8.04% (best +86.12%, worst -20.93%).
View full performance and risk
Returns as of September 2026, from the NSE factsheet for the Nifty200 Momentum 30. 1-year returns are absolute; 5-year returns are annualized.
Stocks in the Nifty200 Momentum 30
The Nifty200 Momentum 30 contains 30 constituents. Its largest sectors by weight are Capital Goods (24.1%) and Financial Services (21.2%).
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
- 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 Nifty200 Momentum 30 Index which aims to track the performance of the top 30 companies within the Nifty 200 selected based on their Normalized Momentum Score.
- Rebalanced
- Quarterly
- 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 Nifty200 Momentum 30; the PDF is authoritative.
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Frequently Asked Questions
What is the current Nifty200 Momentum 30 PE ratio?
As of 1 October 2026, the Nifty200 Momentum 30 PE ratio is 22.97. That is about 1% below its 5-year median of 23.27 and about 12% below its 1-year median of 26.19.
Is the Nifty200 Momentum 30 undervalued right now?
On a historical basis it screens as fairly valued. Its current PE of 22.97 sits below every median window: 1-year (26.19), 3-year (25.23) and 5-year (23.27).
What is a normal PE ratio for the Nifty200 Momentum 30?
Over the past five years its median PE has been 23.27, and over the past three years 25.23. Today's 22.97 is toward the lower end of that historical range.
How many stocks are in the Nifty200 Momentum 30?
The Nifty200 Momentum 30 contains 30 stocks. By number of companies, its largest sectors are Capital Goods (8 stocks), Financial Services (6 stocks) and Metals & Mining (5 stocks).
What returns has the Nifty200 Momentum 30 delivered?
As of September 2026, the Nifty200 Momentum 30 total return (with dividends reinvested) is -0.47% over the past year and +9.28% 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 Nifty200 Momentum 30?
Over the year to September 2026, the Nifty200 Momentum 30 had an annualized volatility (standard deviation of daily returns) of 18.60%. Its beta versus the Nifty 50 is 1.18, meaning it has moved more than the broad market.
What is a typical one-year return for the Nifty200 Momentum 30?
Across every one-year holding window since 2020, the Nifty200 Momentum 30 total return has a median of +8.04%, with the best window at +86.12% and the worst at -20.93%. Based on NSE Total Returns Index data; a past distribution, not a prediction.
How fast have Nifty200 Momentum 30 earnings grown?
Nifty200 Momentum 30 earnings, measured as the index level divided by its P/E, grew +3.36% a year over the last 5 years, while the index itself moved +8.14% a year and its P/E rose from 18.32 to 22.97. Past growth, not a forecast.
How often is the Nifty200 Momentum 30 rebalanced?
The Nifty200 Momentum 30 is rebalanced quarterly. Details are in the official NSE methodology document.
Last updated: 1 October 2026.