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Nifty PSU Bank

Tracking the Strength of Public Banking

As of Oct 01, 2024, the PE ratio is 8.21 and the PB ratio is 1.30

About

The Nifty PSU Bank Index offers a targeted perspective on the performance of India's Public Sector Banks (PSUs). It comprises the 13 largest and most liquid PSU banks listed on the National Stock Exchange of India (NSE), including prominent names like SBI, Bank of Baroda, Canara Bank, and Punjab National Bank. By tracking this index, investors can monitor the health and growth prospects of these crucial institutions that play a significant role in the Indian economy. The Nifty PSU Bank Index serves as a valuable tool for understanding the landscape of public banking in India.

Portfolio Characteristics

MethodologyPeriodic capped free-float
No. of Constituents13
Launch Date2007-07-30
Calculation FrequencyReal-Time
Index RebalancingSemi - Annually

Historical vs. Current Market

Compare its historical behavior with the current market environment to gain insights into potential trends.

GreedyFearCurrent Market Oct 01, 2024
PEPBDIVPointsPEPBDIVPointsFall(%)~PEPBDIVMRI
Level
Jan 16, 2020Mar 24, 2020~8.211.302.20
0.000.870.032465.800.000.450.081305.35-47.06

0

0

49.43

188.89

7233.33

2650

60
Mar 02, 2015Feb 26, 2016
12.501.211.513856.4015.570.632.842020.65-47.6

34.32

47.27

7.44

106.35

45.7

22.54

55
Nov 01, 2010Dec 01, 2011
13.632.351.355063.358.201.262.403046.75-39.83

39.77

0.12

44.68

3.17

62.96

8.33

97

Recent Performance

Analyze the recent performance of the Nifty PSU Bank, including its recent highs and lows

Recent HighRecent LowCurrent Market Oct 01, 2024
PEPBDIVPointsPEPBDIVPointsFall(%)~PEPBDIVPoints
Jun 03, 2024Sep 11, 2024~Oct 01, 2024
10.411.861.438006.157.961.272.266522.05-18.54

8.211.302.206762.25 (3.68% )

Chart

Compare Nifty PSU Bank: Price, PE, PB, and Dividend Yield.

ALL10Y5Y3Y1Y6M3M1M

Perfomance

Past perfomance returns(%) of the index

#1D1W1M3M6M1Y3Y5Y7Y10Y15Y
Nifty PSU Bank0.09-1.34-3.57-8.08-7.4533.72199.42-76.67117.8476.62103.61

Fundamentals

Nifty PSU Bank

PEPBDiv
8.211.302.20
Exchange Trade Fund ( ETF )
Name of the ETFExpense
Nippon India ETF PSU Bank BeES0.49
Kotak PSU Bank ETF0.49
Companies
Name of the companyIndustrySymbol
Bank of BarodaFinancial ServicesBANKBARODA
Bank of IndiaFinancial ServicesBANKINDIA
Bank of MaharashtraFinancial ServicesMAHABANK
Canara BankFinancial ServicesCANBK
Central Bank of IndiaFinancial ServicesCENTRALBK
Indian BankFinancial ServicesINDIANB
Indian Overseas BankFinancial ServicesIOB
Punjab & Sind BankFinancial ServicesPSB
Punjab National BankFinancial ServicesPNB
State Bank of IndiaFinancial ServicesSBIN
UCO BankFinancial ServicesUCOBANK
Union Bank of IndiaFinancial ServicesUNIONBANK