Index Overview

Nifty MidSmall Financial Services

Return Overview

1M
-0.37%
3M
+6.37%
6M
+13.35%
1Y
+23.43%
3Y
+25.63%
5Y
+21.89%
10Y
+12.10%
Max
+12.10%

Fundamentals

Asset TypeEquity
Index TypeStrategy Index
No. of Companies30
Market Cap FocusMid & Small Cap
P/E42.49
P/B6.95
Div Yield0.65%
Std Deviation (1 yr)1.27%

Exchange Traded Funds (ETFs)

No exchange traded funds (etfs) available for this index

Index Funds

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Fund NameLast CloseAUM (Cr)Avg Exp RatioTracking ErrorAll-In-CostScore
N/A1090.55%0.24%0.79%

Sectoral Allocation

Total
100%
allocation
  • Finance43.8%
  • Bank33.2%
  • IT9.7%
  • Insurance7.5%
  • Business Services4.8%
  • Power0.9%

Index Constituents

NameWeight
BSE Ltd.15.6%
Multi Commodity Exchange Of India Ltd.6.9%
The Federal Bank Ltd.6.5%
IndusInd Bank Ltd.5.5%
PB Fintech Ltd.5.3%
AU Small Finance Bank Ltd.5.1%
IDFC First Bank Ltd.4.3%
One97 Communications Ltd.4.3%
Max Financial Services Ltd.4.1%
ICICI Lombard General Insurance Company Ltd.4.0%
Yes Bank Ltd.3.7%
Aditya Birla Capital Ltd.2.8%
Indian Bank2.7%
360 One Wam Ltd.2.6%
L&T Finance Ltd.2.3%
Central Depository Services (India) Ltd.2.0%
Angel One Ltd.2.0%
RBL Bank Ltd.1.9%
ICICI Prudential Life Insurance Company Ltd.1.8%
PNB Housing Finance Ltd.1.8%
Computer Age Management Services Ltd.1.8%
SBI Cards And Payment Services Ltd.1.7%
Bandhan Bank Ltd.1.7%
Life Insurance Corporation of India1.7%
Manappuram Finance Ltd.1.6%
Bank Of India1.6%
LIC Housing Finance Ltd.1.5%
KFin Technologies Ltd.1.1%
Housing & Urban Development Corporation Ltd.0.9%
Indian Energy Exchange Ltd.0.9%

Holdings Concentration

Total covered: 100%
Top 1–5
5 holdings
40.0%
40%
share
Top 6–10
5 holdings
21.9%
22%
share
Top 11–20
10 holdings
23.7%
24%
share
Beyond 20
10 holdings
14.5%
14%
share

Market Cap Classification

Total
100%
allocation
  • Mid Cap75.1%
  • Small Cap16.3%
  • Large Cap1.7%

Index Methodology

Factor BasisMultifactor
UniverseNifty MidSmallcap 400 index
WeightageFree-Float Market Cap Weighting; Max Weight per stock = 33%
Stocks IncludedTop 30 stocks in the financial services sector from the Nifty MidSmall400 Index are selected ba.sed on Free Float Market Capitalization (6-month average).
ExclusionsConstituents moving out of the Nifty MidSmall400 & currently part of the Nifty MidSmall Financial Services Index are excluded.

Index • Last updated: 11/09/2026

Note: Above data is based on average of ETFs / Index Funds.