HomeAsset classesEquityFactorNifty 50 Value 20

Nifty 50 Value 20: relative strength and momentum

Factor. Compared with Nifty 500 TRI.

As of 2026-10-23, Nifty 50 Value 20 has an ArthaNiti relative-strength score of 46 out of 100 (neutral) against Nifty 500 TRI, in the Pulling ahead phase (gaining on the benchmark, and faster); the score moved +31 points in four weeks. Returns use Official TRI (net of TER).

1 week−2.2%

1 month−0.6%

3 months−4.3%

6 months−7.6%

1 year−11.4%

3 years, a year+4.9%

5 years, a year+6.1%

Volatility, 1 year12.4%

Worst fall, 1 year−17.5%

Above 200-day averageNo

What is inside Nifty 50 Value 20: holdings and weights

Nifty 50 Value 20 holds 20 stocks; the top 10 make up 76% of the index. 20% of its stocks trade above their 200-day average.

4 of 20 stocks (20%) are above their 200-day average — weak participation.
Top 10 stocks are 76% of the index; half the weight sits in 5 stocks.
Biggest 1-month driver: Infosys Ltd. (+12.1%).
Largest group: Financial Services — 6 stocks, about 47% of the weight.

Stock	Industry	Weight	3 months	Momentum score
HDFCBANK HDFC Bank Ltd.	Financial Services	14.74%	−7.3%	29
RELIANCE Reliance Industries Ltd.	Oil Gas & Consumable Fuels	12.16%	−6.5%	43
ICICIBANK ICICI Bank Ltd.	Financial Services	11.35%	−2.8%	67
SBIN State Bank of India	Financial Services	9.11%	−5.3%	59
INFY Infosys Ltd.	Information Technology	6.52%	+10.2%	50
ITC ITC Ltd.	Fast Moving Consumer Goods	5.58%	−8.3%	28
AXISBANK Axis Bank Ltd.	Financial Services	5.41%	−0.4%	59
ONGC Oil & Natural Gas Corporation Ltd.	Oil Gas & Consumable Fuels	4.15%	−9.8%	43
KOTAKBANK Kotak Mahindra Bank Ltd.	Financial Services	3.76%	+12.3%	79
TCS Tata Consultancy Services Ltd.	Information Technology	3.68%	+12.8%	57

ETFs that track Nifty 50 Value 20

ETF	NSE symbol	Expense ratio	Tracking diff, 1 yr	AUM
Nippon India ETF Nifty 50 Value 20	NV20BEES	0.46%	-0.28%	₹133 Cr
Kotak Nifty 50 Value 20 ETF	NV20	0.35%	-0.05%	₹74 Cr
ICICI Prudential Nifty50 Value 20 ETF	NV20IETF	0.44%	-0.28%	₹169 Cr
HDFC Nifty50 Value 20 ETF	HDFCVALUE	0.22%	-0.25%	₹35 Cr

ArthaNiti publishes market data and analytics for education. It is not investment advice or a research recommendation, and ArthaNiti is not registered with SEBI as an Investment Adviser or Research Analyst.