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Equal WeightParent: Nifty 50

Nifty Top 15 Equal Weight

Total Return Index · Available history 02-03-2006 to 28-10-2026 · 5,121 observations

Compare with Nifty 50Backtest Hero?

Launch date: 15-10-2024. 90.1% 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 Top 15 Equal Weight and Nifty 50 on the same 5,121 observed dates, 02-03-2006 – 28-10-2026.

CAGR
12.9%BT
Nifty 50: 11.4%
Annualized volatility
21.8%BT
Nifty 50: 20.8%
Max drawdown
-55.7%BT
Nifty 50: -59.5%
Sharpe
0.45BT
Nifty 50: 0.40
Sortino
0.65BT
Nifty 50: 0.56
Median rolling 5Y CAGR
14.1%BT
Nifty 50: 12.8%

Drawdown and recovery

Full history of Nifty Top 15 Equal Weight, 02-03-2006 – 28-10-2026. A drawdown is the fall from the highest close before it.

BT = Backtested history by NSE— = not enough history

Current drawdown
-15.4%
High on 05-12-2025
Gain needed to recover
18.2%
From the latest close back to the high
Time below high
11m
Since the last high
Worst decline
-55.7%
08-01-2008 to 05-03-2009; recovered 12-07-2010 (2y 6m after the high)BT
Longest time below a high
2y 6m
08-01-2008 to 12-07-2010BT
Time spent below a high
90.8%
5 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 year19.2%13.8%-53.2%112.9%4,866
3 years0.8%13.6%-4.7%35.7%4,358
5 years0.2%14.1%-1.9%28.0%3,874
7 years0.0%13.0%6.1%22.1%3,375
10 years0.0%13.1%5.9%19.2%2,635

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

Versus Nifty 50

On the shared dates 02-03-2006 – 28-10-2026, using month-end returns for capture.

BT = Backtested history by NSE— = not enough history

Upside capture
105.2%
Average of 147 months Nifty 50 rose
Downside capture
100.7%
Average of 100 months Nifty 50 fell; lower is better
Months ahead
53.4%
Beat Nifty 50 in this share of 247 months
Longest stretch behind
7y 8m
Relative wealth below its high, 19-06-2015 to 02-02-2023

Now 3.9% behind its best point relative to Nifty 50, for 3y 5m. Relative wealth was below an earlier peak on 96.8% of shared trading days.

Backtest Hero? · vs its own history

15-10-2024 – 28-10-2026 · 2 years 13 days. Compared with 4,104 equal-length periods from the pre-launch backtest. Difference in CAGR versus Nifty 50: +1.1 pp.
Open full analysis
CAGR
-2.5%
Historical percentile 5.5median 13.5%
Volatility
13.7%
Historical percentile 14.1median 17.9%
Max drawdown
-18.1%
Historical percentile 51.5median -20.5%
Sharpe
-0.48
Historical percentile 0.3median 0.54

Growth of 100

On 5,121 shared dates from 02-03-2006: 100 became 1,218 vs 925 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 02-03-2006; the first plotted rolling-return observation is 06-03-2009, after a complete 3Y-year window.

Rolling 1-year volatility

Up to 252 daily observations, minimum 126, annualized. First plotted observation: 01-09-2006.

Calendar-year returns

Nifty Top 15 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.
YearNifty Top 15 Equal WeightNifty 50Difference
2026 (YTD)-15.1%-12.3%
-2.8 pp
2025+16.8%+11.9%
+4.9 pp
2024+9.1%+10.1%
-1.0 pp
2023+19.8%+21.3%
-1.5 pp
2022+13.7%+5.7%
+8.0 pp
2021+22.3%+25.6%
-3.3 pp
2020+11.8%+16.1%
-4.3 pp
2019+12.1%+13.5%
-1.4 pp
2018+10.5%+4.6%
+5.9 pp
2017+29.3%+30.3%
-0.9 pp
2016+2.6%+4.4%
-1.8 pp
2015-4.0%-3.0%
-1.0 pp
2014+37.4%+32.9%
+4.5 pp
2013+11.9%+8.1%
+3.8 pp
2012+34.1%+29.4%
+4.6 pp
2011-24.3%-23.8%
-0.5 pp
2010+19.0%+19.2%
-0.2 pp
2009+87.1%+77.6%
+9.6 pp
2008-46.7%-51.3%
+4.5 pp
2007+57.3%+56.8%
+0.5 pp
2006 (partial)+31.7%+27.6%
+4.1 pp