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SectoralParent: Nifty 500

Nifty Financial Services Ex-Bank

Total Return Index · Available history 01-04-2005 to 28-10-2026 · 5,351 observations

Compare with Nifty 500Backtest Hero?

Launch date: 02-02-2022. 78.1% 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

Nifty Financial Services Ex-Bank and Nifty 500 on the same 5,351 observed dates, 01-04-2005 – 28-10-2026.

CAGR
18.4%BT
Nifty 500: 13.6%
Annualized volatility
26.2%BT
Nifty 500: 20.1%
Max drawdown
-71.1%BT
Nifty 500: -63.7%
Sharpe
0.60BT
Nifty 500: 0.50
Sortino
0.84BT
Nifty 500: 0.69
Median rolling 5Y CAGR
16.0%BT
Nifty 500: 13.4%

Drawdown and recovery

Full history of Nifty Financial Services Ex-Bank, 01-04-2005 – 28-10-2026. A drawdown is the fall from the highest close before it.

BT = Backtested history by NSE— = not enough history

Current drawdown
-14.3%
High on 03-08-2026
Gain needed to recover
16.7%
From the latest close back to the high
Time below high
3m
Since the last high
Worst decline
-71.1%
04-01-2008 to 05-03-2009; recovered 06-10-2010 (2y 9m after the high)BT
Longest time below a high
2y 9m
04-01-2008 to 06-10-2010BT
Time spent below a high
91.1%
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 year24.6%18.2%-66.0%163.9%5,094
3 years6.9%17.6%-7.5%57.8%4,580
5 years0.0%16.0%0.6%34.0%4,106
7 years0.0%16.2%5.7%27.0%3,606
10 years0.0%16.8%9.3%24.9%2,862

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

Versus Nifty 500

On the shared dates 01-04-2005 – 28-10-2026, using month-end returns for capture.

BT = Backtested history by NSE— = not enough history

Upside capture
126.9%
Average of 162 months Nifty 500 rose
Downside capture
119.3%
Average of 96 months Nifty 500 fell; lower is better
Months ahead
55.4%
Beat Nifty 500 in this share of 258 months
Longest stretch behind
9y 2m
Relative wealth below its high, 07-09-2017 to still behind

Now 12.1% behind its best point relative to Nifty 500, for 9y 2m. Relative wealth was below an earlier peak on 96.2% of shared trading days.

Backtest Hero? · vs its own history

02-02-2022 – 28-10-2026 · 4 years 8 months 26 days. Compared with 3,002 equal-length periods from the pre-launch backtest. Difference in CAGR versus Nifty 500: +2.4 pp.
Open full analysis
CAGR
11.2%
Historical percentile 16.8median 17.2%
Volatility
19.6%
Historical percentile 16.0median 23.0%
Max drawdown
-21.6%
Historical percentile 96.0median -39.3%
Sharpe
0.40
Historical percentile 22.9median 0.59

Growth of 100

On 5,351 shared dates from 01-04-2005: 100 became 3,815 vs 1,554 in Nifty 500. Shaded: backtested history before launch.

Drawdown

Percentage decline from the previous peak.

Rolling 3Y CAGR

Calendar-anniversary rolling annualized return. Shared input history starts 01-04-2005; the first plotted rolling-return observation is 04-04-2008, after a complete 3Y-year window.

Rolling 1-year volatility

Up to 252 daily observations, minimum 126, annualized. First plotted observation: 30-09-2005.

Calendar-year returns

Nifty Financial Services Ex-Bank vs Nifty 500; 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.
YearNifty Financial Services Ex-BankNifty 500Difference
2026 (YTD)-10.4%-8.2%
-2.2 pp
2025+28.2%+7.8%
+20.4 pp
2024+14.2%+16.2%
-2.0 pp
2023+32.9%+26.9%
+5.9 pp
2022-3.8%+4.2%
-8.0 pp
2021+21.3%+31.6%
-10.3 pp
2020+4.6%+17.9%
-13.3 pp
2019+19.1%+9.0%
+10.2 pp
2018-2.8%-2.1%
-0.6 pp
2017+53.8%+37.7%
+16.1 pp
2016+11.7%+5.1%
+6.6 pp
2015+8.9%+0.2%
+8.7 pp
2014+62.0%+39.3%
+22.7 pp
2013-8.6%+4.8%
-13.4 pp
2012+60.3%+33.5%
+26.8 pp
2011-30.4%-26.4%
-4.0 pp
2010+24.2%+15.3%
+9.0 pp
2009+104.0%+91.0%
+13.0 pp
2008-62.6%-56.5%
-6.0 pp
2007+147.4%+64.6%
+82.8 pp
2006+28.4%+36.2%
-7.7 pp
2005 (partial)+66.0%+38.5%
+27.5 pp