Index Overview

Nifty MidSmallcap400 Momentum Quality 100

Return Overview

1M
-1.27%
3M
+4.78%
6M
+11.55%
1Y
+5.78%
3Y
+12.20%
5Y
+13.03%
10Y
+16.63%
Max
+16.61%

Fundamentals

Asset TypeEquity
Index TypeStrategy Index
No. of Companies100
Market Cap FocusMid & Small Cap
P/E49.05
P/B11.19
Div Yield0.87%
Std Deviation (1 yr)1.09%

Exchange Traded Funds (ETFs)

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Fund NameLast CloseAUM (Cr)Avg Exp RatioTracking Error1M ADTO (Cr)1M Avg NAV GapAll-In-CostScore
51.564640.37%0.02%1-0.07%0.39%

Index Funds

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Fund NameLast CloseAUM (Cr)Avg Exp RatioTracking ErrorAll-In-CostScore
N/A1200.49%0.20%0.69%

Sectoral Allocation

Total
100%
allocation
  • Finance26.8%
  • Automobile & Ancillaries12.5%
  • Capital Goods9.4%
  • Bank9.4%
  • Healthcare7.4%
  • IT7.3%
  • FMCG3.8%
  • Electricals2.9%
  • Non - Ferrous Metals2.7%
  • Consumer Durables2.5%
  • Iron & Steel2.3%
  • Business Services2.1%
  • Chemicals2.1%
  • Telecom1.6%
  • Alcohol1.4%
  • Mining1.2%
  • Textile1.2%
  • Ship Building0.7%
  • Logistics0.6%
  • Gas Transmission0.6%
  • Trading0.5%
  • Power0.4%
  • Ferro Manganese0.3%
  • Retailing0.3%

Index Constituents

NameWeight
BSE Ltd.7.3%
Multi Commodity Exchange Of India Ltd.4.8%
Cummins India Ltd.4.3%
Hero MotoCorp Ltd.3.8%
GE Vernova T&D India Ltd.3.1%
The Federal Bank Ltd.3.1%
AU Small Finance Bank Ltd.3.0%
Muthoot Finance Ltd.2.7%
HDFC Asset Management Company Ltd.2.6%
Suzlon Energy Ltd.2.3%
Hitachi Energy India Ltd.2.1%
Persistent Systems Ltd.2.0%
L&T Finance Ltd.1.9%
Polycab India Ltd.1.9%
Dixon Technologies (India) Ltd.1.8%
National Aluminium Company Ltd.1.8%
Marico Ltd.1.7%
Indian Bank1.7%
Lupin Ltd.1.6%
Indus Towers Ltd.1.6%
Coforge Ltd.1.5%
Glenmark Pharmaceuticals Ltd.1.5%
Radico Khaitan Ltd.1.4%
Colgate-Palmolive (India) Ltd.1.3%
Anand Rathi Wealth Ltd.1.3%
City Union Bank Ltd.1.1%
Alkem Laboratories Ltd.1.1%
Aurobindo Pharma Ltd.1.1%
Manappuram Finance Ltd.1.0%
Central Depository Services (India) Ltd.1.0%
KEI Industries Ltd.1.0%
APL Apollo Tubes Ltd.1.0%
360 One Wam Ltd.1.0%
NMDC Ltd.0.9%
Computer Age Management Services Ltd.0.9%
MRF Ltd.0.9%
Nippon Life India Asset Management Ltd.0.9%
Hindustan Copper Ltd.0.9%
Page Industries Ltd.0.9%
Angel One Ltd.0.8%
UNO Minda Ltd.0.8%
Mphasis Ltd.0.8%
Coromandel International Ltd.0.8%
Force Motors Ltd.0.7%
Oracle Financial Services Software Ltd.0.7%
Neuland Laboratories Ltd.0.7%
Apar Industries Ltd.0.7%
Blue Star Ltd.0.6%
Narayana Hrudayalaya Ltd.0.6%
PI Industries Ltd.0.6%
The Great Eastern Shipping Company Ltd.0.6%
Welspun Corp Ltd.0.6%
Bank Of Maharashtra0.5%
Dr. Lal Pathlabs Ltd.0.5%
Motherson Sumi Wiring India Ltd.0.5%
Redington Ltd.0.5%
SBI Cards And Payment Services Ltd.0.5%
HBL Engineering Ltd.0.5%
Motilal Oswal Financial Services Ltd.0.5%
Data Patterns (India) Ltd.0.5%
Usha Martin Ltd.0.5%
Indian Energy Exchange Ltd.0.4%
Himadri Speciality Chemical Ltd.0.4%
Tata Elxsi Ltd.0.4%
Castrol India Ltd.0.4%
Garden Reach Shipbuilders & Engineers Ltd.0.4%
KPIT Technologies Ltd.0.4%
eClerx Services Ltd.0.3%
Godfrey Phillips India Ltd.0.3%
Indraprastha Gas Ltd.0.3%
Godawari Power And Ispat Ltd.0.3%
Escorts Kubota Ltd.0.3%
K.P.R. Mill Ltd.0.3%
Triveni Turbine Ltd.0.3%
Affle 3i Ltd.0.3%
Cochin Shipyard Ltd.0.3%
Bharat Dynamics Ltd.0.3%
Can Fin Homes Ltd.0.3%
Gujarat Mineral Development Corporation Ltd.0.3%
Astrazeneca Pharma India Ltd.0.3%
Home First Finance Company India Ltd.0.3%
Nava Ltd.0.3%
Aditya Birla Sun Life AMC Ltd.0.3%
CreditAccess Grameen Ltd.0.3%
Gillette India Ltd.0.3%
Choice International Ltd.0.3%
L&T Technology Services Ltd.0.3%
Intellect Design Arena Ltd.0.3%
Indiamart Intermesh Ltd.0.3%
Ceat Ltd.0.2%
Mahanagar Gas Ltd.0.2%
Sumitomo Chemical India Ltd.0.2%
Zensar Technologies Ltd.0.2%
LT Foods Ltd.0.2%
JSW Dulux Ltd.0.2%
Kirloskar Brothers Ltd.0.1%
BLS International Services Ltd.0.1%
Latent View Analytics Ltd.0.1%
UTI Asset Management Company Ltd.0.1%
Newgen Software Technologies Ltd.0.1%

Holdings Concentration

Total covered: 100%
Top 1–5
5 holdings
23.4%
23%
share
Top 6–10
5 holdings
13.7%
14%
share
Top 11–20
10 holdings
18.2%
18%
share
Beyond 20
80 holdings
44.7%
45%
share

Market Cap Classification

Total
100%
allocation
  • Mid Cap58.5%
  • Small Cap21.4%
  • Large Cap15.3%

Index Methodology

Factor BasisMultifactor
UniverseMidSmallcap400 (MidCap 150 + SmallCap 250)
WeightageFactor tilt: FF Marketcap x Composite Score. Max Weight per stock = 5%
Stocks IncludedStocks selected based on Aggregate Percentile Score:(Top 50 from Mid Cap, Top 50 from MidCap. Aggregate percentile score: Equal Weightage of Momentum Score and Quality Score. Momentum Score = Risk Adjusted returns = Price Return/ Standard Deviation of daily returns for that period. Quality Score computes a score based on equal weighting of: Return on Equity, 5-year sales growth and Debt to Equity Scores
ExclusionsLess than 1 year trading history; Promoter Pledge > 20%, Bottom 10 percentile stocks based on Turnover ratio and Avg Daily Trading Volume; Non-F&O stock which has hit Upper or Lower circuit for 20% of trading days in past 6 months (for mid and small cap segment seperately); rank of the stocks within the existing index based on the composite percentile score goes beyond 75 in the eligible segment universe)

Index • Last updated: 11/09/2026

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