Nifty Financial Services
NSESector20 companies
- P/EPrice to earnings of an index. The index's P/E as the exchange publishes it with the close: its members' market value divided by their profit over the last twelve months, each member counted as the index weighs it.
- 14.65
- P/BPrice to book of an index. The index's P/B as the exchange publishes it: its members' market value divided by their net worth, the assets they own less everything they owe.
- 2.25
- Dividend yieldDividend yield of an index. The index's dividend yield as the exchange publishes it: dividends its members paid over the last twelve months as a percentage of their market value.
- 1.02%
- 1MOne-month return of an index. The latest close against the close a month earlier, on the same date or the last trading day before it, as a percentage.
- −4.54%
- 3MThree-month return of an index. The latest close against the close three months earlier, on the same date or the last trading day before it, as a percentage.
- −6.11%
- 1YOne-year return of an index. The latest close against the close a year earlier, on the same date or the last trading day before it, as a percentage.
- −11.44%
P/E against its own past
Where today's P/E sits among every trading day of each window: the dot is today, the tick the middle day.
P/E at each month's last trading day, and on 23 Oct 2026
What the Nifty Financial Services companies earned
Each quarter against the same quarter a year earlier, added up over today's members that filed both. A quarter fewer than 60% of them filed is left out.
- Revenue growthRevenue growth, against a year earlier. Revenue of the quarter to Jun 2026 against the same quarter a year earlier, added up over the 20 companies that filed both.
- +8.5%quarter to Jun 2026
- Profit growthProfit growth, against a year earlier. Profit of the quarter to Jun 2026 against the same quarter a year earlier, added up over the 20 companies that filed both and made a profit a year earlier.
- +16.6%quarter to Jun 2026
- Filed the quarterCompanies that filed the quarter. How many of the index's 20 listed companies have filed results for the quarter to Jun 2026; the growth figures are theirs.
- 20of 20
- Median ROCEMedian return on capital employed. The middle figure of the 3 companies' ROCE for the year to Mar 2026, half above and half below. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them.
- 2.5%year to Mar 2026
Growth against the same quarter a year earlier, per cent
- Revenue growth
- Profit growth
- Loss
Revenue grew against a year earlier in 11 of the 12 quarters shown.Fastest profit growth +46.6%, quarter to Mar 2024.
The largest companies
The 12 largest companies in the Nifty Financial Services, each sized by its market cap.
Market cap, ₹ crore
- HDFC Bank₹10,68,200 Cr
- ICICI Bank₹10,00,861 Cr
- State Bank of India₹8,84,861 Cr
- Bajaj Finance₹5,78,360 Cr
- Kotak Mahindra Bank₹4,28,256 Cr
- Axis Bank₹3,79,092 Cr
- Bajaj Finserv₹2,65,141 Cr
- Shriram Finance₹2,03,538 Cr
- SBI Life Insurance Company₹1,64,558 Cr
- Jio Financial Services₹1,35,384 Cr
- BSE₹1,31,779 Cr
- Cholamandalam Investment and Finance Company₹1,25,522 Cr
Companies in the Nifty Financial Services
Largest first, by market cap.
HDFC BankHDFCBANK · Banks₹692.80−0.18%₹10,68,200 Cr13.3Lender: Not worked out for a bank, an NBFC or an insurer: it borrows to lend, so capital employed is not its measure.1.88%−31.3%
ICICI BankICICIBANK · Banks₹1,394.20−0.31%₹10,00,861 Cr16.9Lender: Not worked out for a bank, an NBFC or an insurer: it borrows to lend, so capital employed is not its measure.0.86%+2.2%
State Bank of IndiaSBIN · Banks₹958.60−1.18%₹8,84,861 Cr10.3Lender: Not worked out for a bank, an NBFC or an insurer: it borrows to lend, so capital employed is not its measure.1.81%+5.2%
Bajaj FinanceBAJFINANCE · Finance₹928.95−1.40%₹5,78,360 Cr26.7Lender: Not worked out for a bank, an NBFC or an insurer: it borrows to lend, so capital employed is not its measure.0.65%−15.1%
Kotak Mahindra BankKOTAKBANK · Banks₹430.50−1.49%₹4,28,256 Cr21.1Lender: Not worked out for a bank, an NBFC or an insurer: it borrows to lend, so capital employed is not its measure.0.15%−3.3%
Axis BankAXISBANK · Banks₹1,217.50+0.45%₹3,79,092 Cr12.7Lender: Not worked out for a bank, an NBFC or an insurer: it borrows to lend, so capital employed is not its measure.0.08%−3.3%
Bajaj FinservBAJAJFINSV · Finance₹1,655.00−1.37%₹2,65,141 Cr26.1Lender: Not worked out for a bank, an NBFC or an insurer: it borrows to lend, so capital employed is not its measure.0.09%−24.0%
Shriram FinanceSHRIRAMFIN · Finance₹865.00−3.98%₹2,03,538 Cr18.0Lender: Not worked out for a bank, an NBFC or an insurer: it borrows to lend, so capital employed is not its measure.1.25%+21.9%
SBI Life Insurance CompanySBILIFE · Insurance₹1,640.00−0.18%₹1,64,558 Cr63.3Lender: Not worked out for a bank, an NBFC or an insurer: it borrows to lend, so capital employed is not its measure.0.16%−11.5%
Jio Financial ServicesJIOFIN · Finance₹205.03−2.74%₹1,35,384 Cr79.12.1%0.29%−33.7%
BSEBSE · Capital Markets₹3,230.80−1.05%₹1,31,779 Cr46.548.9%0.31%+29.9%
Cholamandalam Investment and Finance CompanyCHOLAFIN · Finance₹1,463.80−4.38%₹1,25,522 Cr21.8Lender: Not worked out for a bank, an NBFC or an insurer: it borrows to lend, so capital employed is not its measure.0.14%−13.1%
HDFC Life Insurance CompanyHDFCLIFE · Insurance₹523.75−0.87%₹1,13,789 Cr55.6Lender: Not worked out for a bank, an NBFC or an insurer: it borrows to lend, so capital employed is not its measure.0.40%−29.6%
Power Finance CorporationPFC · Finance₹316.00−3.33%₹1,04,283 Cr4.0Lender: Not worked out for a bank, an NBFC or an insurer: it borrows to lend, so capital employed is not its measure.5.93%−20.3%
Muthoot FinanceMUTHOOTFIN · Finance₹2,373.00−1.74%₹95,268 Cr8.4Lender: Not worked out for a bank, an NBFC or an insurer: it borrows to lend, so capital employed is not its measure.1.26%−25.4%
ICICI Lombard General Insurance CompanyICICIGI · Insurance₹1,592.00−2.51%₹79,539 Cr31.1Lender: Not worked out for a bank, an NBFC or an insurer: it borrows to lend, so capital employed is not its measure.0.88%−19.6%
RECRECLTD · Finance₹293.95−2.37%₹77,404 Cr4.8Lender: Not worked out for a bank, an NBFC or an insurer: it borrows to lend, so capital employed is not its measure.6.19%−21.6%
SBI Cards and Payment ServicesSBICARD · Finance₹545.55−3.66%₹51,917 Cr22.8Lender: Not worked out for a bank, an NBFC or an insurer: it borrows to lend, so capital employed is not its measure.0.46%−41.3%
Max Financial ServicesMFSL · Insurance₹1,211.30−0.98%₹41,804 Cr–3.1%None−20.9%
LIC Housing FinanceLICHSGFIN · Finance₹490.00−2.39%₹26,953 Cr4.7Lender: Not worked out for a bank, an NBFC or an insurer: it borrows to lend, so capital employed is not its measure.2.04%−15.6%
Funds that follow the Nifty Financial Services
28 funds with the Nifty Financial Services as the benchmark they measure themselves against, from each fund's latest monthly report.
ICICI Prudential Banking and Financial Services FundSectoral / Thematic · ICICI Prudential Mutual Fund1Y−8.48%3Y+8.81%5Y+7.67%Size₹11,188 CrCost1.25%
SBI Banking & Financial Services FundSectoral / Thematic · SBI Mutual Fund1Y−6.29%3Y+14.13%5Y+10.23%Size₹10,818 CrCost1.18%
Nippon India Banking & Financial Services FundSectoral / Thematic · Nippon India Mutual Fund1Y−6.82%3Y+9.94%5Y+10.61%Size₹7,795 CrCost1.11%
HDFC Banking & Financial Services FundSectoral / Thematic · HDFC Mutual Fund1Y−3.21%3Y+10.83%5Y+9.78%Size₹4,627 CrCost0.95%
Aditya Birla Sun Life Banking and Financial Services FundSectoral / Thematic · Aditya Birla Sun Life Mutual Fund1Y−5.91%3Y+8.42%5Y+8.38%Size₹3,629 CrCost1.14%
Tata Banking & Financial Services FundSectoral / Thematic · Tata Mutual Fund1Y−6.60%3Y+9.81%5Y+9.74%Size₹3,211 CrCost0.93%
Mirae Asset Banking and Financial Services FundSectoral / Thematic · Mirae Asset Mutual Fund1Y−4.42%3Y+11.22%5Y+10.04%Size₹2,312 CrCost0.78%
DSP Banking & Financial Services FundSectoral / Thematic · DSP Mutual Fund1Y+0.61%3Y–5Y–Size₹2,102 CrCost0.80%
Invesco India Financial Services FundSectoral / Thematic · Invesco Mutual Fund1Y−1.89%3Y+14.83%5Y+11.91%Size₹1,852 CrCost0.95%
Sundaram Financial Services Opportunities FundSectoral / Thematic · Sundaram Mutual Fund1Y−1.85%3Y+10.74%5Y+11.49%Size₹1,691 CrCost0.91%
Kotak Banking & Financial Services FundSectoral / Thematic · Kotak Mahindra Mutual Fund1Y−3.88%3Y+11.28%5Y–Size₹1,537 CrCost0.81%
UTI Banking and Financial Services FundSectoral / Thematic · UTI Mutual Fund1Y−4.80%3Y+11.38%5Y+9.16%Size₹1,431 CrCost1.44%
Bandhan Financial Services FundSectoral / Thematic · Bandhan Mutual Fund1Y−6.19%3Y+12.52%5Y–Size₹1,109 CrCost1.03%
quant BFSI FundSectoral / Thematic · quant Mutual Fund1Y+3.11%3Y+18.12%5Y–Size₹903 CrCost2.00%
WhiteOak Capital Banking & Financial Services FundSectoral / Thematic · WhiteOak Capital Mutual Fund1Y−4.32%3Y–5Y–Size₹651 CrCost1.05%
Canara Robeco Banking and Financial Services FundSectoral / Thematic · Canara Robeco Mutual Fund1Y–3Y–5Y–Size₹636 CrCost1.05%
Bajaj Finserv Banking and Financial Services FundSectoral / Thematic · Bajaj Finserv Mutual Fund1Y–3Y–5Y–Size₹492 CrCost1.12%
Baroda BNP Paribas Banking and Financial Services FundSectoral / Thematic · Baroda BNP Paribas Mutual Fund1Y−4.74%3Y+12.75%5Y+9.28%Size₹464 CrCost1.09%
MahindraManulife Banking & Financial Services FundSectoral / Thematic · Mahindra Manulife Mutual Fund1Y−1.94%3Y–5Y–Size₹463 CrCost1.13%- Mirae Asset Nifty Financial Services ETFETF · Mirae Asset Mutual Fund1Y−9.66%3Y+8.78%5Y+5.87%Size₹401 CrCost0.20%
ITI Banking and Financial Services FundSectoral / Thematic · ITI Mutual Fund1Y−3.85%3Y+10.51%5Y–Size₹383 CrCost1.10%
Edelweiss Financial Services FundSectoral / Thematic · Edelweiss Mutual Fund1Y–3Y–5Y–Size₹282 CrCost0.96%
Bank of India Banking & Financial Services FundSectoral / Thematic · Bank of India Mutual Fund1Y–3Y–5Y–Size₹271 CrCost1.68%
LIC Mf Banking and Financial Services FundSectoral / Thematic · LIC Mutual Fund1Y−8.95%3Y+5.71%5Y+7.18%Size₹271 CrCost1.57%
Motilal Oswal Financial Services FundSectoral / Thematic · Motilal Oswal Mutual Fund1Y–3Y–5Y–Size₹207 CrCost1.32%
Helios Financial Services FundSectoral / Thematic · Helios Mutual Fund1Y−8.57%3Y–5Y–Size₹205 CrCost1.16%
Groww Banking & Financial Services FundSectoral / Thematic · Groww Mutual Fund1Y+1.06%3Y–5Y–Size₹89 CrCost1.30%- Tata Nifty Financial Services Index FundIndex Fund · Tata Mutual Fund1Y−10.07%3Y–5Y–Size₹74 CrCost0.58%
About the Nifty Financial Services
An index of 20 companies: it shows how they have moved together, and its P/E is what the market pays for a year of their profit.
- Published by
- NSE
- Kind
- Sector
- CompaniesCompanies in an index. How many companies the index holds on its current list, which the exchange revises from time to time.
- 20
- List last changed
- 8 Sep 2026
- Above 200-day averageMembers above their 200-day average. The share of the index's members whose latest close is above their own average close of the last 200 trading days; members listed too recently to have one are left out.
- 2 of 20
Sector indices
Most followed first.All
Nifty Bank14 companiesP/E 12.46
Nifty IT10 companiesP/E 19.79- BSE Healthcare139 companiesP/E 41.54
Nifty Private Bank10 companiesP/E 15.79
Nifty Energy40 companiesP/E 13.65
Nifty Healthcare Index20 companiesP/E 40.06
Nifty Metal15 companiesP/E 14.93- Nifty PSU Bank12 companiesP/E 7.13
Nifty Auto15 companiesP/E 28.90- BSE Top 10 Banks10 companiesP/E 14.37