NSE got SEBI's nod to launch derivatives on Nifty India FPI 150 Index from August 12
New Delhi, July 16
The National Stock Exchange of India has received SEBI's approval to launch derivatives on the Nifty India FPI 150 Index from August 12, as per a statement by the stock exchange.
According to the release, NSE will offer three serial monthly futures and options contracts on the index. The cash-settled contracts will expire on the last Tuesday of each expiry month.
"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) aims to introduce these contracts in the Equity Derivatives segment from August 12, 2026," the release said.
The Nifty India FPI 150 Index tracks the performance of the top 150 stocks from the Nifty 500 that are accessible and investable for foreign portfolio investors (FPIs). As per the release, the constituents are selected based on their six-month average foreign investible free-float market capitalisation, with each stock's weight determined by its foreign investible free-float market capitalisation.
"The index had top sector representation from financial services sector with 26.15% weight followed by Oil, Gas & Consumable Fuels with 10.03% and Healthcare with 7.51% as of June 2026," NSE said.
The index, launched on August 16, 2025, has a base date of October 3, 2022, and a base value of 1,000. It is based on the foreign investible free-float methodology and is rebalanced every quarter.
Commenting on the development, Sriram 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".
— ANI
Reader Comments
Interesting product. As an NRI, I like that it tracks 150 stocks FPIs actually can invest in. Makes it easier to hedge my Indian portfolio without worrying about FPI limits. Though I'd prefer it if they launched it sooner.
Finally! Something for us who track FPI flows religiously. The Nifty 500 is too broad, and Bank Nifty too narrow. This seems like a sweet spot - 150 liquid stocks with good sector diversity. Financial services at 26% makes sense given India's growth story. Ab toh market aur upward hi jayega! 📈
Another derivative product? Kya fayda? Common investor ko toh samajh hi nahi aata. First understand basics, then diversify. But I agree, for serious traders this could be useful. Chalo, SEBI ka approval mila hai, toh kuch toh accha hoga. 😊
Smart move by NSE. This index has 150 stocks that FPIs actually want - it's a win-win. Plus, quarterly rebalancing keeps it dynamic. I see this becoming popular with HNIs and mutual funds. Only concern: high volatility during FPI exodus, but that's true for most India derivatives.
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