Nifty India FPI 150 Index: NSE plans to launch futures and options on the Nifty India FPI 150 Index from August 12, with cash-settled contracts across a three-month expiry cycle, according to the official statement released by NSE on July 16 (Thursday).
The National Stock Exchange of India (NSE) has received approval from the Securities and Exchange Board of India (SEBI) to launch Derivatives on the Nifty India FPI 150 Index (NIFTYFPI), which aims to introduce these contracts in the Equity Derivatives segment from August 12, 2026.
NSE informed about the same in an exchange filing today, July 16.
Exchange will offer 3 serial monthly index futures and index options contract cycles. The cash-settled derivatives contracts will expire on the last Tuesday of the expiry month.
The Nifty India FPI 150 Index aims to track the performance of the top 150 stocks selected from the Nifty 500, which 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.
The weight of each stock in the index is based on its foreign investible free-float market capitalization. The 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.
The index was introduced on August 16, 2025, with the base date and base value being October 03, 2022, and 1000, respectively. The index methodology is based on the Foreign investible free-float and is rebalanced every quarter.
On the occasion, Shri Sriram Krishnan, Chief Business Development Officer, NSE, said, “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.
About National Stock Exchange of India Limited (NSE)
National Stock Exchange of India (NSE) began its operations in 1994 and was the first exchange in India to implement electronic or screen-based trading. NSE has a fully integrated business model comprising exchange listings, trading services, clearing and settlement services, indices, market data feeds, technology solutions and financial education offerings.
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