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The Nifty Midcap Select index aims to track the performance of a portfolio of 25 liquid midcap stocks that are selected from the Nifty Midcap 150 index based on their Market Cap, Average Daily Turnover, stock weights, and Availability of trading in the F&O segment.
Nifty Midcap Select Weightage (As of November 2024)
| Stocks Name | Weightage (%) | Market Cap (Cr) |
|---|---|---|
| Indian Hotels Company | 6.02 | 1,12,003 |
| Persistent Systems | 5.79 | 89,300 |
| Dixon Technologies | 5.39 | 89,738 |
| Lupin | 5.35 | 93,214 |
| Coforge | 5.13 | 54,782 |
| Federal Bank | 5.06 | 51,716 |
| Cummins | 4.81 | 90,884 |
| HDFC Asset Management company | 4.41 | 90,025 |
| IDFC First Bank | 4.40 | 46,073 |
| Indus Towers Ltd. | 4.29 | 88,704 |
| 50.65% | 8,06,439 |
Fundamentals of Nifty Midcap Select Index
- P/E Ratio – 52.41
- P/B – 6.57
- Dividend Yield – 0.82%
Nifty Midcap Select Index Returns
- YTD – 19.43%
- 1 Year – 42.24%
- 5 Years – 24.70% CAGR
- All time – 15.4% CAGR
List of Companies in the Nifty Midcap Select Index
- Cummins India
- Vodafone Idea
- Polycab India
- Indian Hotels Company
- HDFC Asset Management Company
- Godrej Properties
- Bharat Forge
- Hindustan Petroleum Corporation
- Aurobindo Pharma
- Lupin
- Ashok Leyland
- Container Corporation of India
- Astral
- Persistent Systems
- PI Industries
- IDFC First Bank
- MRF
- Voltas
- AU Small Finance Bank
- Mphasis
- Page Industries
- Federal Bank
- UPL
- Jubilant FoodWorks
- Coforge
Methodology of Selecting Stocks in Nifty Midcap Select
- Stocks within the Nifty Midcap 150 index which are available for trading on NSE’s Futures & Options segment are eligible to be part of the Index.
- The stocks are selected based on market cap, and average daily turnover.
- The weight of each stock is based on its free float market capitalization.
- The index is reconstituted semi-annually.
Other Indices Stocks Weightage,
Disclaimer: All information contained herewith is provided for reference purposes only. CupofGlory.com takes this data from a reliable source named niftyindices.com However, Cupofglory.com makes no warranty or representation as to the accuracy, completeness, or reliability of any of the information contained herein and disclaims any 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 article is not intended to provide any professional advice.
