Index Overview

Nifty Midcap150 Quality 50

Return Overview

1M
-5.34%
3M
+1.20%
6M
+4.82%
1Y
-3.55%
3Y
+15.96%
5Y
+12.03%
10Y
+12.99%
Max
+12.85%

Fundamentals

Asset TypeEquity
Index TypeStrategy index
No. of Companies50
Market Cap FocusMid Cap
P/E42.98
P/B10.74
Div Yield1.28%
Std Deviation (1 yr)0.98%

Exchange Traded Funds (ETFs)

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Fund NameLast CloseAUM (Cr)Avg Exp RatioTracking Error1M ADTO (Cr)1M Avg NAV GapAll-In-CostScore
24.39990.25%0.01%0N/A0.26%

Index Funds

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Fund NameLast CloseAUM (Cr)Avg Exp RatioTracking ErrorAll-In-CostScore
N/A4340.26%0.09%0.35%
N/A2450.47%0.09%0.56%

Sectoral Allocation

Total
100%
allocation
  • Automobile & Ancillaries16.4%
  • IT13.0%
  • FMCG11.6%
  • Finance11.5%
  • Healthcare7.5%
  • Electricals5.7%
  • Chemicals4.6%
  • Consumer Durables4.6%
  • Textile4.2%
  • Plastic Products3.4%
  • Capital Goods3.0%
  • Mining2.3%
  • Gas Transmission2.0%
  • Bank1.9%
  • Inds. Gases & Fuels1.8%
  • Iron & Steel1.8%
  • Hospitality1.5%
  • Ratings1.3%
  • Diversified1.2%
  • Business Services0.8%

Index Constituents

NameWeight
Cummins India Ltd.4.6%
Colgate-Palmolive (India) Ltd.4.4%
HDFC Asset Management Company Ltd.3.9%
Marico Ltd.3.7%
Dixon Technologies (India) Ltd.3.6%
Polycab India Ltd.3.3%
Hero MotoCorp Ltd.3.3%
Page Industries Ltd.3.0%
Persistent Systems Ltd.2.9%
Oracle Financial Services Software Ltd.2.6%
Nippon Life India Asset Management Ltd.2.5%
Procter & Gamble Hygiene and Health Care Ltd.2.4%
KEI Industries Ltd.2.3%
NMDC Ltd.2.3%
Sona BLW Precision Forgings Ltd.2.2%
Alkem Laboratories Ltd.2.1%
Muthoot Finance Ltd.2.1%
Apar Industries Ltd.2.0%
Coforge Ltd.1.9%
Abbott India Ltd.1.9%
Bank Of Maharashtra1.9%
Glaxosmithkline Pharmaceuticals Ltd.1.9%
Petronet LNG Ltd.1.8%
Supreme Industries Ltd.1.8%
APL Apollo Tubes Ltd.1.8%
Tube Investments of India Ltd.1.8%
Mphasis Ltd.1.7%
PI Industries Ltd.1.7%
360 One Wam Ltd.1.7%
Astral Ltd.1.7%
Ajanta Pharma Ltd.1.6%
Schaeffler India Ltd.1.6%
Tata Elxsi Ltd.1.6%
AIA Engineering Ltd.1.6%
Indian Railway Catering And Tourism Corporation Ltd.1.5%
Coromandel International Ltd.1.5%
Berger Paints India Ltd.1.4%
Balkrishna Industries Ltd.1.4%
CRISIL Ltd.1.3%
K.P.R. Mill Ltd.1.2%
3M India Ltd.1.2%
Motilal Oswal Financial Services Ltd.1.2%
KPIT Technologies Ltd.1.2%
Godfrey Phillips India Ltd.1.1%
Indraprastha Gas Ltd.1.1%
L&T Technology Services Ltd.1.1%
Honeywell Automation India Ltd.1.0%
Bharat Dynamics Ltd.1.0%
Gujarat Energy Ltd.1.0%
Syngene International Ltd.0.8%

Holdings Concentration

Total covered: 100%
Top 1–5
5 holdings
20.2%
20%
share
Top 6–10
5 holdings
15.1%
15%
share
Top 11–20
10 holdings
21.8%
22%
share
Beyond 20
30 holdings
42.9%
43%
share

Market Cap Classification

Total
100%
allocation
  • Mid Cap70.8%
  • Large Cap17.2%
  • Small Cap12.0%

Index Methodology

Factor BasisMultifactor
UniverseNifty MidCap 150
WeightageFactor tilt: SQRT [FF Marketcap] x Normalized Quality Score . Max Weight = 5% per stock
Stocks IncludedTop 50 companies from Nifty Midcap 150 index, based on their ‘quality’ scores are selected. Process: Return on equity (ROE), debtto-equity (D/E) ratio and EPS growth variability in the previous 5 years are computed for each stock. Then Z Scores of each are computed: [(x-Mean)/Std devation)]. Normalized Quality Score = Wtd. avg of Z-Scores of all metrics. Exlcude D/E for Financial Firms.
ExclusionsConstituents moving out of Nifty MidCap 150 and currently part of Nifty MidCap150 Quality 50; Contituents with listing hitory of <1 year; Constituents undergoing scheme of arrangement such as demerger, capital restructuring and having traded for <12m upto the ex-date; Rank of stock goes beyond 75

Index • Last updated: 11/09/2026

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