The Nifty India FPI 150 Index aims to track the performance of top 150 stocks selected from Nifty 500 that ensures accessibility and investability for foreign investors
The National Stock Exchange of India (NSE) has received approval from the Securities and Exchange Board of India (SEBI) to launch Derivatives on the Nifty India FPI 150 Index (NIFTYFPI)The stock exchange aims to introduce these contracts in the Equity Derivatives segment from August 12, 2026.Exchange will offer 3 serial monthly index futures and index options contract cycle. The cash settled derivatives contracts will expire on the last Tuesday of the expiry month.Stock selectionThe Nifty India FPI 150 Index aims to track the performance of top 150 stocks selected from Nifty 500 that ensures accessibility and investability for foreign investors. The top 150 stocks are selected based on six-month average foreign investible free-float market capitalisation covering the most liquid and high free-float stocks. Weight of each stock in the index is based on its foreign investible free-float market capitalisation.Shriram Krishnan, Chief Business Development Officer, NSE said, “The introduction of derivatives on the Nifty India FPI 150 Index will further complement the existing index derivatives product suite. The Nifty India FPI 150 Index represents a broad and diversified segment of the Indian equity market, comprising 150 liquid stocks across multiple segments while maintaining a focus on liquidity and investibility, making it a suitable underlying for hedging and portfolio diversification.”The index had top sector representation from financial services sector with 26.15 percent weight followed by Oil, Gas & Consumable Fuels with 10.03 percent and Healthcare with 7.51 percent as of June 2026.The index was introduced on August 16, 2025, with base date and base value being October 03, 2022, and 1,000 respectively. The index methodology is based on the Foreign investible free-float and rebalanced on quarterly basis.Published on July 16, 2026
