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Equal WeightParent: Nifty 50

Nifty50 Equal Weight

Total Return Index · Available history 03-11-1995 to 28-10-2026 · 7,719 observations

Compare with Nifty 50Backtest Hero?

Launch date: 13-04-2017. 69.4% of this index's trading days are NSE's pre-launch backtest (marked BT, shaded on the charts). Backtests can benefit from hindsight; post-launch index returns are still not fund returns. Source: Curated catalog launch_date (not independently reverified).

BT = Backtested history by NSE— = not enough history

Nifty50 Equal Weight and Nifty 50 on the same 6,798 observed dates, 30-06-1999 – 28-10-2026.

CAGR
15.3%BT
Nifty 50: 12.9%
Annualized volatility
21.1%BT
Nifty 50: 21.6%
Max drawdown
-58.2%BT
Nifty 50: -59.5%
Sharpe
0.56BT
Nifty 50: 0.45
Sortino
0.78BT
Nifty 50: 0.63
Median rolling 5Y CAGR
13.8%BT
Nifty 50: 13.6%

Drawdown and recovery

Full history of Nifty50 Equal Weight, 03-11-1995 – 28-10-2026. A drawdown is the fall from the highest close before it.

BT = Backtested history by NSE— = not enough history

Current drawdown
-9.4%
High on 03-08-2026
Gain needed to recover
10.4%
From the latest close back to the high
Time below high
3m
Since the last high
Worst decline
-58.2%
04-01-2008 to 09-03-2009; recovered 04-01-2010 (2y after the high)BT
Longest time below a high
3y 6m
19-01-2000 to 07-07-2003BT
Time spent below a high
91.6%
9 declines of 20% or more

Outcomes by holding period

Every rolling window in the full history, ending on each trading day. Windows overlap, so this describes the past rather than predicting the future.

BT = Backtested history by NSE— = not enough history

Held forLost moneyMedian CAGRWorst CAGRBest CAGRWindows
1 year25.1%11.5%-54.1%138.9%7,459
3 years9.9%13.8%-10.5%70.5%6,931
5 years2.3%13.3%-4.5%51.8%6,449
7 years0.0%14.1%0.2%35.7%5,955
10 years0.0%15.0%2.7%27.1%5,194

Lost money: share of windows with a negative annualized return.

Versus Nifty 50

On the shared dates 30-06-1999 – 28-10-2026, using month-end returns for capture.

BT = Backtested history by NSE— = not enough history

Upside capture
104.3%
Average of 195 months Nifty 50 rose
Downside capture
95.9%
Average of 133 months Nifty 50 fell; lower is better
Months ahead
51.8%
Beat Nifty 50 in this share of 328 months
Longest stretch behind
16y 2m
Relative wealth below its high, 11-01-2010 to 27-03-2026

Now 1.7% behind its best point relative to Nifty 50, for 5m. Relative wealth was below an earlier peak on 96.8% of shared trading days.

Backtest Hero? · vs its own history

28-10-2021 – 28-10-2026 · 5 years. Compared with 4,094 equal-length periods from the pre-launch backtest. Difference in CAGR versus Nifty 50: +4.3 pp.
Open full analysis
CAGR
10.5%
Historical percentile 36.8median 13.4%
Volatility
13.9%
Historical percentile 0.0median 24.1%
Max drawdown
-17.9%
Historical percentile 100.0median -42.2%
Sharpe
0.45
Historical percentile 46.7median 0.48

Growth of 100

On 6,798 shared dates from 30-06-1999: 100 became 4,906 vs 2,746 in Nifty 50. Shaded: backtested history before launch.

Drawdown

Percentage decline from the previous peak.

Rolling 3Y CAGR

Calendar-anniversary rolling annualized return. Shared input history starts 30-06-1999; the first plotted rolling-return observation is 05-07-2002, after a complete 3Y-year window.

Rolling 1-year volatility

Up to 252 daily observations, minimum 126, annualized. First plotted observation: 30-12-1999.

Calendar-year returns

Nifty50 Equal Weight vs Nifty 50; the difference is in percentage points (pp). Incomplete historical years are labeled (partial); the ongoing year is labeled (YTD). Hover a year for its actual dates.
YearNifty50 Equal WeightNifty 50Difference
2026 (YTD)-7.0%-12.3%
+5.3 pp
2025+14.8%+11.9%
+2.9 pp
2024+10.8%+10.1%
+0.8 pp
2023+31.0%+21.3%
+9.7 pp
2022+8.1%+5.7%
+2.4 pp
2021+35.0%+25.6%
+9.4 pp
2020+19.4%+16.1%
+3.3 pp
2019+4.3%+13.5%
-9.2 pp
2018-4.6%+4.6%
-9.2 pp
2017+27.8%+30.3%
-2.4 pp
2016+6.8%+4.4%
+2.4 pp
2015-5.2%-3.0%
-2.1 pp
2014+34.8%+32.9%
+1.9 pp
2013+3.7%+8.1%
-4.4 pp
2012+31.8%+29.4%
+2.4 pp
2011-25.4%-23.8%
-1.6 pp
2010+16.6%+19.2%
-2.6 pp
2009+100.6%+77.6%
+23.0 pp
2008-49.7%-51.3%
+1.6 pp
2007+55.2%+56.8%
-1.6 pp
2006+36.8%+41.9%
-5.1 pp
2005+38.7%+38.6%
0.0 pp
2004+22.9%+13.0%
+9.8 pp
2003+109.4%+76.6%
+32.8 pp
2002+15.8%+5.3%
+10.5 pp
2001-11.1%-15.0%
+3.9 pp
2000-11.7%-13.4%
+1.7 pp
1999 (partial)+26.4%+24.4%
+2.0 pp