About Nifty FMCG The Nifty FMCG Index is a stock market index that tracks the performance of 15 leading companies in India's fast-moving consumer goods sector. These companies produce non-durable, mass-consumed products available off the shelf. The index is calculated using the free-float market capitalization method, which considers only the market value of shares readily available for trading. It is rebalanced semi-annually to ensure it accurately represents the sector's performance. Investors can gain exposure to the Nifty FMCG Index through various financial instruments, including exchange-traded funds and index funds.