We're Excited to Introduce Our New Digital Experience
SX40 is the flagship equity index of the Metropolitan Stock Exchange of India (MSE). It is a rules-based, adjusted free-float weighted market capitalization index comprising 40 large-cap, highly liquid companies across India's core economic sectors.
Designed to reflect the organized segment of the Indian economy, SX40 is designed to measure the economic performance with better representation of various industries. The index serves as a robust benchmark for measuring long-term market performance and supports the development of cost-efficient investment and risk management products such as index funds, ETFs, and structured products.
SX40 is the flagship equity index of the Metropolitan Stock Exchange of India (MSE). It is a rules-based, adjusted free-float weighted market capitalization index comprising 40 large-cap, highly liquid companies across India's core economic sectors.
Designed to reflect the organized segment of the Indian economy, SX40 is designed to measure the economic performance with better representation of various industries. The index serves as a robust benchmark for measuring long-term market performance and supports the development of cost-efficient investment and risk management products such as index funds, ETFs, and structured products.
SX40 is designed to function as a transparent and reliable performance benchmark for the Indian equity market while enabling efficient portfolio construction and risk management.
The index aims to benchmark the performance of India's leading large-cap companies, facilitate the creation of passive investment products, provide a scalable and replicable framework for institutional and retail investors, and support long-term investment strategies.
SX40 is designed to function as a transparent and reliable performance benchmark for the Indian equity market while enabling efficient portfolio construction and risk management.
The index aims to benchmark the performance of India's leading large-cap companies, facilitate the creation of passive investment products, provide a scalable and replicable framework for institutional and retail investors, and support long-term investment strategies.
The information provided in this document is intended solely for informational purposes. SX40 and related materials are the intellectual property of the Metropolitan Stock Exchange of India Limited (MSE), except where brand names or logos belong to third parties.
This content does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. While information has been compiled from sources believed to be reliable, MSE makes no warranties regarding accuracy, completeness, or timeliness and disclaims all liability arising from the use of this information.
Historical index performance may include back-tested data prior to index inception. Back-tested performance is hypothetical and does not represent actual performance. SX40 and the SX40 logo are proprietary trademarks of MSE.
| Sr. No. | Security | Company Name | Weight |
|---|---|---|---|
| 1 | HDFCBANK | Housing Development Finance Corporation Bank | 10.80% |
| 2 | ICICIBANK | Industrial Credits & Investment Corp. of India | 9.84% |
| 3 | RELIANCE | Reliance Industries Limited | 8.58% |
| 4 | BHARTIARTL | Bharti Airtel Limited | 6.02% |
| 5 | LT | Larsen & Tubro Limited | 4.61% |
| 6 | SBIN | State Bank of India | 4.28% |
| 7 | INFY | Infosys Limited | 3.98% |
| 8 | AXISBANK | Axis Bank Limited | 3.39% |
| 9 | M&M | Mahindra & Mahindra Limited | 2.97% |
| 10 | BAJFINANCE | Bajaj Finance Limited | 2.83% |
| 11 | KOTAKBANK | Kotak Mahindra Bank Limited | 2.81% |
| 12 | ITC | ITC Limited | 2.60% |
| 13 | TCS | Tata Consultancy Services Limited | 2.34% |
| 14 | ETERNAL | Zomato Limited | 2.24% |
| 15 | TITAN | Titan Company Limited | 2.03% |
| 16 | SUNPHARMA | Sun Pharmaceutical Industries Limited | 1.97% |
| 17 | HINDUNILVR | Hindustan Unilever Limited | 1.79% |
| 18 | MARUTI | Maruti Suzuki India Limited | 1.76% |
| 19 | NTPC | NTPC Limited | 1.56% |
| 20 | SHRIRAMFIN | Shriram Finance Limited | 1.53% |
| 21 | TATASTEEL | Tata Steel Limited | 1.47% |
| 22 | HINDALCO | Hindalco Industries Limited | 1.46% |
| 23 | BEL | Bharat Electronics Limited | 1.43% |
| 24 | HCLTECH | HCL Technologies Limited | 1.39% |
| 25 | BSE | Bombay Stock Exchange | 1.37% |
| 26 | ULTRACEMCO | UltraTech Cement Limited | 1.34% |
| 27 | BAJAJ-AUTO | Bajaj Auto Limited | 1.26% |
| 28 | ADANIPORTS | Adani Ports and Special Economic Zone Limited | 1.22% |
| 29 | ASIANPAINT | Asian Paints Limited | 1.19% |
| 30 | POWERGRID | Power Grid Corporation of India | 1.17% |
| 31 | INDIGO | InterGlobe Aviation Limited | 1.17% |
| 32 | EICHERMOT | Eicher Motors Limited | 1.09% |
| 33 | TECHM | Tech Mahindra Limited | 1.00% |
| 34 | TVSMOTOR | TVS Motor Company Limited | 0.99% |
| 35 | TRENT | Trent Limited | 0.97% |
| 36 | HAL | Hindustan Aeronautics Limited | 0.92% |
| 37 | JIOFIN | Jio Financial Services Limited | 0.80% |
| 38 | MAXHEALTH | Max Healthcare Institute Limited | 0.73% |
| 39 | TMPV | Tata Motors Passenger Vehicles Limited | 0.68% |
| 40 | VEDL | Vedanta Limited | 0.44% |
