NSE Launches 11 New Sectoral Indices Amid Rising Demand For Passive Products

NSE Indices, the index arm of the National Stock Exchange (NSE), has launched 11 new sectoral indices, taking its total number of sector-specific benchmarks to 34.

The new indices include Nifty Power, Nifty Capital Goods, Nifty Telecommunications, Nifty Construction, Nifty Consumer Services, Nifty Commercial & Transport Services, Nifty Retail, Nifty Hospitals, Nifty NBFC, Nifty Housing Finance and Nifty Insurance.

With these additions, NSE has expanded its coverage of key sectors of the economy, including infrastructure, financial services, healthcare, retail and telecom. In a statement, NSE Indices said, "The expanded suite of sector indices offers a more comprehensive and granular coverage across established and emerging sectors."

Rising Demand For Passive Products

The launch comes at a time when passive investing is seeing strong growth in India. According to NSE Indices' latest Nifty Passive Insights report, exchange-traded funds (ETFs) tracking Nifty indices managed assets worth Rs 6.17 lakh crore as of April 2026, while Nifty-linked index funds managed another Rs 2.71 lakh crore.

Sector-focused products are also attracting greater investor interest. Assets managed by sectoral ETFs rose to Rs 51,253 crore from Rs 46,811 crore a year ago, while the number of sectoral ETF schemes increased from 49 to 57. Sectoral index funds, meanwhile, saw their assets grow to Rs 5,054 crore from Rs 4,322 crore, with the number of schemes rising to 35 from 31.

NSE data shows 11 new ETF schemes were launched in April 2026 alone, the highest monthly count in more than a year. The number of equity ETF schemes now stands at 241, while equity index fund schemes have reached 252.

The growing popularity of passive funds could increase demand for sector-specific benchmarks such as these newly launched sectoral indices.

Broader Coverage Of India's Economy

NSE Indices manages several indices under the Nifty brand, including broad-market, thematic, strategy and sectoral benchmarks. Its flagship Nifty 50 is the most widely followed stock market index in India.

According to NSE Indices, the addition of 11 new sectoral indices will "enhance the breadth and depth of sectoral representation across India's economy."

What This Means For Investors

The new benchmarks could pave the way for more sector-focused investment products, including ETFs and index funds. Covering sectors such as power, hospitals, insurance, housing finance and NBFCs, these indices will help investors track industry-specific trends and take targeted exposure to sectors they believe have growth potential.