Table 4-16: Composition of Nifty Next 50 Index as on March 31,2016

Sl.
No.

Name of Security

1 Apollo Hospitals Enterprises

Ltd.

Issued
Free Float
Weight- Beta
Capital
Market
age
(` Crores) Capitalisation (Percent)
(` Crores)

R2

Daily
Monthly Impact
Volatility Return
Cost
(Percent) (Percent) (Percent)

69.56

10,171.65

1.91

0.91

0.24

1.68

(9.19)

0.02

284.59

15,453.11

2.90

1.34

0.40

2.12

23.90

0.04

3 Aurobindo Pharma Ltd.

58.48

20,039.08

3.76

1.36

0.36

1.65

13.61

0.03

4 Bajaj Finserv Ltd.

79.58

10,621.27

2.00

0.76

0.18

1.79

6.15

0.07

5 Bajaj Holdings & Investment

Ltd.

111.29

8,988.90

1.69

0.41

0.08

1.64

8.85

0.17

6 Bank of India

811.91

2,363.89

0.44

1.67

0.45

2.26

16.51

0.05

7 Bharat Forge Ltd.

46.56

10,772.39

2.02

1.22

0.31

1.92

16.97

0.04

1,896.67

20,284.10

3.81

0.63

0.06

2.13

7.06

0.04

24.00

15,793.44

2.97

0.74

0.17

1.58

(2.53)

0.03

542.99

2,683.08

0.50

1.57

0.41

2.48

19.94

0.04

27.20

11,072.98

2.08

0.49

0.15

1.47

1.27

0.04

194.97

10,424.11

1.96

0.7

0.1

2.2

7.3

0.04

55.44

11,434.00

2.15

0.82

0.20

1.82

4.02

0.06

175.91

14,067.50

2.64

0.63

0.18

1.11

5.38

0.04

15 Divi's Laboratories Ltd.

53.09

12,580.03

2.36

0.69

0.18

1.57

3.86

0.05

16 Eicher Motors Ltd.

27.16

23,443.55

4.40

1.05

0.26

1.77

1.48

0.03

17 Exide Industries Ltd.

85.00

6,396.17

1.20

0.79

0.23

1.36

8.99

0.05

343.94

7,987.98

1.50

1.15

0.32

2.04

0.43

0.08

19 GlaxoSmithkline Consumer
Healthcare Ltd.

42.06

7,108.61

1.34

0.30

0.05

1.32

8.53

0.05

20 Glaxosmithkline
Pharmaceuticals Ltd.

84.70

8,078.02

1.52

0.44

0.17

1.37

20.82

0.10

21 Glenmark Pharmaceuticals
Ltd.

28.22

11,216.49

2.11

1.01

0.23

1.89

8.07

0.04

22 Godrej Consumer Products

Ltd.

34.05

17,397.74

3.27

0.82

0.15

2.06

16.19

0.04

338.63

13,070.93

2.46

1.14

0.27

1.95

14.51

0.03

24 Indiabulls Housing Finance

Ltd.

84.25

19,710.98

3.70

1.17

0.28

2.92

12.96

0.04

25 Indian Oil Corporation Ltd.

2,427.95

19,112.84

3.59

0.82

0.22

1.70

7.06

0.03

241.72

13,648.35

2.56

1.00

0.24

1.13

13.92

0.04

2 Ashok Leyland Ltd.

8 Bharti Infratel Ltd.

9 Britannia Industries Ltd.
10 Canara Bank
11 Colgate Palmolive (India) Ltd.
12 Container Corporation of
India Ltd.
13 Cummins India Ltd.
14 Dabur India Ltd.

18 Federal Bank Ltd.

23 Hindustan Petroleum
Corporation Ltd.

26 JSW Steel Ltd.

Contd...

45

Contd...
Sl.
No.

Name of Security

27 LIC Housing Finance Ltd.

Issued
Free Float
Weight- Beta
Capital
Market
age
(` Crores) Capitalisation (Percent)
(` Crores)

R2

Daily
Monthly Impact
Volatility Return
Cost
(Percent) (Percent) (Percent)

100.93

14,932.47

2.80

1.44

0.51

1.63

16.90

0.03

4.24

9,420.48

1.77

1.07

0.38

1.39

17.67

0.04

29 Mahindra & Mahindra

Financial Services Ltd.

113.75

6,662.74

1.25

1.13

0.30

2.74

18.38

0.06

30 Marico Ltd.

129.02

12,607.55

2.37

0.71

0.17

1.60

3.19

0.04

31 Motherson Sumi Systems Ltd.

132.29

11,984.36

2.25

1.49

0.32

2.58

17.64

0.04

32 NMDC Ltd.

396.47

7,770.84

1.46

1.04

0.22

2.19

20.39

0.05

33 Oil India Ltd.

601.14

4,327.58

0.81

0.62

0.14

1.09

1.21

0.04

42.42

7,785.49

1.46

0.63

0.20

1.56

9.70

0.06

750.00

7,522.50

1.41

0.76

0.19

1.67

6.66

0.04

1,320.04

7,238.05

1.36

1.48

0.36

2.02

11.09

0.05

28 MRF Ltd.

34 Oracle Financial Services

Software Ltd.
35 Petronet LNG Ltd.
36 Power Finance Corporation
Ltd.
37 Reliance Capital Ltd.

252.63

4,187.58

0.79

1.68

0.47

2.25

14.39

0.03

1,244.49

5,102.41

0.96

1.68

0.30

1.79

(3.38)

0.07

39 Reliance Infrastructure Ltd.

262.99

7,297.24

1.37

1.62

0.35

2.47

30.19

0.03

40 Rural Electrification
Corporation Ltd.

987.46

6,400.51

1.20

1.41

0.38

1.69

6.61

0.05

41 Shriram Transport Finance

Co. Ltd.

226.88

13,840.21

2.60

0.95

0.18

1.93

18.32

0.04

71.22

9,790.64

1.84

1.43

0.54

1.59

11.53

0.05

4,130.53

4,450.64

0.84

1.45

0.37

3.11

23.50

0.07

44 Sundaram Finance Ltd.

111.10

8,814.60

1.66

0.56

0.11

1.84

6.98

0.18

45 Tata Chemicals Ltd.

254.76

6,568.97

1.23

1.18

0.42

1.21

18.24

0.05

46 Tata Global Beverages Ltd.

63.11

5,050.62

0.95

1.25

0.43

1.55

17.09

0.05

47 Titan Company Ltd.

88.78

14,149.27

2.66

0.62

0.13

2.68

7.04

0.04

48 UPL Ltd.

85.72

14,332.10

2.69

1.17

0.26

2.28

25.17

0.04

49 United Breweries Ltd.

26.44

5,468.89

1.03

0.92

0.19

1.11

3.04

0.05

130.79

12,749.45

2.39

0.83

0.15

1.87

(5.71)

0.04

532,376.4

100

38 Reliance Communications
Ltd.

42 Siemens Ltd.
43 Steel Authority of India Ltd.

50 United Spirits Ltd.

Total

0.05

Note: * Beta measures the degree to which any portfolio of stocks is affected as compared to the effect on the market as a whole.

46

* The coefficient of determination (R2) measures the strength of relationship between two variables the return on a security
versus that of the market.

* Volatility is the Std. deviation of the daily returns for the period 01-Mar-2016 to 31-Mar-2016

* Last day of trading was 31-Mar-2016

* Impact Cost for Nifty Next 50 is for a portfolio of ` 25 Lakhs

* Impact Cost for Nifty Next 50 is the weightage average impact cost