NSE receives approval to launch derivatives on the Nifty India FPI 150 Index

The National Stock Exchange of India (NSE) has received approval from the market regulator, SEBI, to launch derivatives on the Nifty India FPI 150 Index (NIFTYFPI) from August 12, 2026.

According to a release, this aims to introduce these contracts in the equity derivatives segment. The exchange will offer three serial monthly index futures and index options contract cycles. The cash settled derivatives contracts will expire on the last Tuesday of the expiry month.

Also Read | Mutual funds pour nearly Rs 500 crore across 6 IPOs in June. Check details


The Nifty India FPI 150 Index which was introduced on August 16, 2025 aims to track the performance of top 150 stocks selected from Nifty 500 that ensures accessibility and investability for foreign investors.

The top 150 stocks are selected based on six-month average foreign investible free-float market capitalization covering the most liquid and high free-float stocks and the weight of each stock in the index is based on its foreign investible free-float market capitalization.

The index was introduced with base date and base value being October 3, 2022, and 1000 respectively. The index methodology is based on the Foreign investible free-float and rebalanced on a quarterly basis.

This index had top sector representation from the 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.

Also Read | Mutual funds cut cash allocation by over Rs 4,500 crore in June to 19-month low

“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,” said Sriram Krishnan, Chief Business Development Officer, NSE.

(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)