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    Factsheet NiftyMidcapSelect

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    mohanchinnaiya7
    The Nifty Midcap Select index aims to track 25 liquid midcap stocks selected from the Nifty Midcap 150 index based on availability for trading, market capitalization, and turnover. Stock weights are based on free float market capitalization. The index is rebalanced semi-annually and has a base date of October 3, 2005 with a base value of 1000. Top sector weights include financial services at 28.71%, capital goods at 19.83%, and information technology at 13.33%.

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    Factsheet NiftyMidcapSelect

    Uploaded by

    mohanchinnaiya7
    34 views2 pages
    The Nifty Midcap Select index aims to track 25 liquid midcap stocks selected from the Nifty Midcap 150 index based on availability for trading, market capitalization, and turnover. Stock weights are based on free float market capitalization. The index is rebalanced semi-annually and has a base date of October 3, 2005 with a base value of 1000. Top sector weights include financial services at 28.71%, capital goods at 19.83%, and information technology at 13.33%.

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    Factsheet_NiftyMidcapSelect

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    The Nifty Midcap Select index aims to track 25 liquid midcap stocks selected from the Nifty Midcap 150 index based on availability for trading, market capitalization, and turnover. Stock weights are based on free float market capitalization. The index is rebalanced semi-annually and has a base date of October 3, 2005 with a base value of 1000. Top sector weights include financial services at 28.71%, capital goods at 19.83%, and information technology at 13.33%.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    34 views2 pages

    Factsheet NiftyMidcapSelect

    Uploaded by

    mohanchinnaiya7
    The Nifty Midcap Select index aims to track 25 liquid midcap stocks selected from the Nifty Midcap 150 index based on availability for trading, market capitalization, and turnover. Stock weights are based on free float market capitalization. The index is rebalanced semi-annually and has a base date of October 3, 2005 with a base value of 1000. Top sector weights include financial services at 28.71%, capital goods at 19.83%, and information technology at 13.33%.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 2

    October 31, 2023

    The Nifty Midcap Select index aims to track the performance of a portfolio of 25 liquid midcap stocks. Stocks are selected from the
    Nifty Midcap 150 index based on availability for trading in the F&O segment, market cap and average daily turnover. Stock weights
    are based on free-float market capitalization.

    Index Variant: Nifty Midcap Select Total Returns Index.

    Portfolio Characteristics
    Methodology Free Float Market Capitalization Index Since
    QTD YTD 1 Year 5 Years
    No. of Constituents 25 Returns (%) Inception
    Launch Date September 14, 2021 Price Return -3.97 21.76 17.90 14.95 12.74
    Base Date October 03, 2005 Total Return -3.96 22.52 18.70 15.99 14.15

    Base Value 1000 Since


    Calculation Frequency Real-Time Statistics ## 1 Year 5 Years
    Inception
    Index Rebalancing Semi - Annually Std. Deviation * 12.60 22.80 26.28
    Sector Representation Beta (NIFTY 50) 0.86 1.00 1.02

    Sector Weight(%) Correlation (NIFTY 50) 0.68 0.84 0.84

    Financial Services 28.71


    Fundamentals
    Capital Goods 19.83
    P/E P/B Dividend Yield
    Information Technology 13.33
    19.21 3.35 0.91
    Consumer Services 8.91
    Automobile and Auto Components 7.12
    Top constituents by weightage
    Healthcare 6.03
    Textiles 3.84 Company’s Name Weight(%)
    Consumer Durables 3.22
    Realty 3.19 Power Finance Corporation Ltd. 6.03
    Services 3.18 Indian Hotels Co. Ltd. 5.68
    Oil, Gas & Consumable Fuels 2.66 Federal Bank Ltd. 5.57
    AU Small Finance Bank Ltd. 5.42
    Persistent Systems Ltd. 5.27
    Coforge Ltd. 5.09
    HDFC Asset Management Company Ltd. 4.62
    IDFC First Bank Ltd. 4.40
    Bharat Forge Ltd. 4.39
    Ashok Leyland Ltd. 4.06

    ## Based on Price Return Index.


    # QTD,YTD and 1 year returns are absolute returns.Returns for greater than one year are CAGR returns.
    * Average daily standard deviation annualised.
    Disclaimer: All information contained herewith is provided for reference purpose only. NSE Indices Limited (formerly known as India Index Services & Products Limited-IISL) ensures accuracy and reliability of the above
    information to the best of its endeavors. However, NSE Indices Limited makes no warranty or representation as to the accuracy, completeness or reliability of any of the information contained herein and disclaim any and all
    liability whatsoever to any person for any damage or loss of any nature arising from or as a result of reliance on any of the information provided herein. The information contained in this document is not intended to provide any
    professional advice. 1
    October 31, 2023

    Index Methodology
    • The index has a base date of October 03, 2005, with a base value of 1000.
    • Stocks within Nifty Midcap 150 index which are available for trading on NSE’s Futures & Options segment are eligible to be the part
    of the index.
    • The stocks are selected based on market cap, average daily turnover.
    • Weight of each stock is based on its free float market capitalization.
    • The index is reconstituted semi-annually.

    Index is reconstituted on a semi-annual basis in March and September.

    Index Governance: A professional team manages all NSE indices. There is a three-tier governance structure comprising the Board of
    Directors of NSE Indices Limited, the Index Advisory Committee (Equity) and the Index Maintenance Sub-Committee.

    Key Indices
    Broad Market Sectoral Indices Thematic Indices Strategy Indices Fixed Income
    Nifty 50 Nifty Bank Nifty CPSE Nifty100 Equal Weight Nifty 10 yr Benchmark G-Sec
    Nifty Next 50 Nifty IT Nifty Commodities Nifty50 PR 1x Inverse Nifty 8-13 yr G-Sec
    Nifty 100 Nifty PSU Bank Nifty Energy Nifty50 PR 2x Leverage Nifty 4-8 yr G-Sec
    Nifty 200 Nifty FMCG Nifty Shariah 25 Nifty50 Value 20 Nifty 11-15 yr G-Sec
    Nifty 500 Nifty Private Bank Nifty 100 Liquid15 Nifty100 Quality 30 Nifty 15 yr and above G-Sec
    Nifty Midcap 50 Nifty Metal Nifty Infrastructure Nifty Low Volatility 50 Nifty Composite G-Sec
    Nifty Midcap 100 Nifty Financial Services Nifty Corporate Group Nifty Alpha 50 Nifty 1D Rate

    Contact Us:
    Email: [email protected] | Tel: +91 22 26598386 | Fax: +91 22 26598120
    Learn more at: www.niftyindices.com
    2

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