Nifty PSU Bank: relative strength and momentum
Industry. Compared with Nifty 500 TRI.
As of 2026-10-23, Nifty PSU Bank has an ArthaNiti relative-strength score of 62 out of 100 (neutral) against Nifty 500 TRI, in the Lead fading phase (still gaining, but the lead is shrinking); the score moved +1 points in four weeks. Returns use ETF NAV.
1 week−0.3%
1 month−2.5%
3 months−2.7%
6 months−4.4%
1 year+2.9%
3 years, a year−2.1%
5 years, a year+10.0%
Volatility, 1 year22.7%
Worst fall, 1 year−20.3%
Above 200-day averageNo
What is inside Nifty PSU Bank: holdings and weights
Nifty PSU Bank holds 12 stocks; the top 10 make up 99% of the index. 17% of its stocks trade above their 200-day average.
- 2 of 12 stocks (17%) are above their 200-day average — weak participation.
- Top 10 stocks are 99% of the index; half the weight sits in 3 stocks.
- Biggest 1-month driver: Punjab National Bank (+2.9%).
| Stock | Industry | Weight | 3 months | Momentum score |
|---|---|---|---|---|
| SBIN State Bank of India | Financial Services | 33.33% | −5.3% | 58 |
| BANKBARODA Bank of Baroda | Financial Services | 12.47% | −5.0% | 43 |
| CANBK Canara Bank | Financial Services | 11.71% | −7.2% | 42 |
| PNB Punjab National Bank | Financial Services | 11.36% | +9.3% | 71 |
| UNIONBANK Union Bank of India | Financial Services | 9.64% | +6.2% | 70 |
| INDIANB Indian Bank | Financial Services | 8.31% | +1.2% | 63 |
| MAHABANK Bank of Maharashtra | Financial Services | 4.71% | −4.0% | 67 |
| BANKINDIA Bank of India | Financial Services | 4.60% | −7.9% | 53 |
| CENTRALBK Central Bank of India | Financial Services | 1.52% | −6.9% | 33 |
| IOB Indian Overseas Bank | Financial Services | 1.32% | −15.2% | 23 |
ETFs that track Nifty PSU Bank
| ETF | NSE symbol | Expense ratio | Tracking diff, 1 yr | AUM |
|---|---|---|---|---|
| Nippon India ETF Nifty PSU Bank BeES | PSUBNKBEES | 0.51% | -0.56% | ₹3,932 Cr |
| Kotak Nifty PSU Bank ETF | PSUBANK | 0.50% | -0.58% | ₹2,491 Cr |
| ICICI Prudential Nifty PSU Bank ETF | PSUBNKIETF | 0.41% | -0.47% | ₹119 Cr |
| HDFC Nifty PSU Bank ETF | HDFCPSUBK | 0.28% | -0.41% | ₹55 Cr |
| Mirae Asset Nifty PSU Bank ETF | BANKPSU | 0.30% | -0.26% | ₹45 Cr |
| DSP Nifty PSU Bank ETF | PSUBANKADD | 0.16% | -0.14% | ₹1,434 Cr |
| Groww Nifty PSU Bank ETF | GROWWPSUBK | 0.48% | – | ₹6 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.