NSE Secures SEBI Approval to Launch Nifty India FPI 150 Index Derivatives from August 12, 2026

The National Stock Exchange of India (NSE) has received approval from the Securities and Exchange Board of India (SEBI) to introduce derivative contracts based on the Nifty India FPI 150 Index. Trading in these contracts is scheduled to commence in the equity derivatives segment on August 12, 2026.

Under the approved framework, NSE will make three consecutive monthly futures and options contracts available on the index. These contracts will be settled in cash and will expire on the final Tuesday of the applicable expiry month.

The Nifty India FPI 150 Index measures the performance of 150 leading companies selected from the Nifty 500 universe that are accessible and suitable for investment by foreign portfolio investors. Companies are selected according to their average foreign-investible free-float market capitalisation over the preceding six-month period.

The weight assigned to each constituent is also calculated using its foreign-investible free-float market capitalisation. This methodology is intended to reflect the portion of a company’s listed equity that can be accessed by foreign investors.

As of June 2026, financial services held the largest sectoral weight in the index at 26.15%. Oil, gas and consumable fuels accounted for 10.03%, while healthcare represented 7.51%.

The index was introduced on August 16, 2025, with October 3, 2022, established as its base date and 1,000 as its base value. Its constituents and respective weights are reviewed and rebalanced quarterly.

According to NSE, the new contracts will expand its existing range of index-based derivatives. The underlying index comprises 150 liquid stocks across different market segments and is designed to support risk management, hedging and portfolio diversification while maintaining an emphasis on foreign-investor accessibility and market liquidity. CA Sansaar