SectoralBenchmark: Nifty 500

Nifty Retail

Total Return Index · Available history 02-04-2018 to 28-10-2026 · 2,126 observations

Launch date: 15-06-2026. 95.6% 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 Retail and Nifty 500 on the same 2,126 observed dates, 02-04-2018 – 28-10-2026.

CAGR: 13.6%BT; Nifty 500: 12.0%
Annualized volatility: 22.6%BT; Nifty 500: 16.8%
Max drawdown: -46.3%BT; Nifty 500: -38.1%
Sharpe: 0.47BT; Nifty 500: 0.48
Sortino: 0.67BT; Nifty 500: 0.64
Median rolling 5Y CAGR: 19.0%BT; Nifty 500: 17.6%

Drawdown and recovery

Full history of Nifty Retail, 02-04-2018 – 28-10-2026. A drawdown is the fall from the highest close before it.

BT = Backtested history by NSE— = not enough history

Current drawdown

-24.1%

High on 23-09-2024

Gain needed to recover

31.8%

From the latest close back to the high

Time below high

2y 1m

Since the last high

Worst decline

-46.3%

13-02-2020 to 19-05-2020; recovered 08-01-2021 (11m after the high)BT

Longest time below a high

2y 2m

14-10-2021 to 05-12-2023BT

Time spent below a high

92.9%

3 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 for	Lost money	Median CAGR	Worst CAGR	Best CAGR	Windows
1 year	40.8%	7.1%	-33.1%	119.4%	1,877
3 years	0.0%	21.6%	3.4%	34.3%	1,378
5 years	0.0%	19.0%	6.3%	35.9%	885
7 years	0.0%	17.2%	13.1%	20.7%	389
10 years	—	—	—	—	—

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

Versus Nifty 500

On the shared dates 02-04-2018 – 28-10-2026, using month-end returns for capture.

BT = Backtested history by NSE— = not enough history

Upside capture

116.2%

Average of 63 months Nifty 500 rose

Downside capture

106.8%

Average of 39 months Nifty 500 fell; lower is better

Months ahead

52.0%

Beat Nifty 500 in this share of 102 months

Longest stretch behind

2y 9m

Relative wealth below its high, 14-10-2021 to 24-07-2024

Now 17.6% behind its best point relative to Nifty 500, for 2y 1m. Relative wealth was below an earlier peak on 97.8% of shared trading days.

Backtest Hero? · vs its own history

15-06-2026 – 28-10-2026 · 4 months 13 days. Compared with 1,936 equal-length periods from the pre-launch backtest.

Open full analysis

Total return

3.7%

Historical percentile 44.2median 6.2%

Volatility

17.1%

Historical percentile 23.2median 20.4%

Max drawdown

-11.7%

Historical percentile 49.4median -11.4%

Growth of 100

On 2,126 shared dates from 02-04-2018: 100 became 298 vs 264 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 02-04-2018; the first plotted rolling-return observation is 09-04-2021, after a complete 3Y-year window.

Rolling 1-year volatility

Up to 252 daily observations, minimum 126, annualized. First plotted observation: 05-10-2018.

Calendar-year returns

Nifty Retail 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.

Year	Nifty Retail	Nifty 500	Difference
2026 (YTD)	-6.1%	-8.2%	+2.1 pp
2025	-9.2%	+7.8%	-17.0 pp
2024	+55.2%	+16.2%	+38.9 pp
2023	+42.4%	+26.9%	+15.5 pp
2022	-14.5%	+4.2%	-18.8 pp
2021	+47.7%	+31.6%	+16.1 pp
2020	+17.3%	+17.9%	-0.6 pp
2019	-2.1%	+9.0%	-11.1 pp
2018 (partial)	+9.2%	+2.6%	+6.6 pp