October 31, 2024

The Nifty Midcap150 Quality 50 index includes top 50 companies from its parent Nifty Midcap 150 index, selected based on their
‘quality’ scores. The quality score for each company is determined based on return on equity, financial leverage (except for financial
services companies) and earning per share (EPS) growth variability of each stock analysed during the previous 5 financial years. The
weight of each stock in the index is based on a combination of stock’s quality score and its free float market capitalization.

The index can be used for a variety of purposes such as benchmarking, creation of index funds, ETFs and structured products.

Index Variant: Nifty Midcap150 Quality 50 Total Returns Index.

Portfolio Characteristics
Methodology Tilt Weighted Index Since
QTD YTD 1 Year 5 Years
No. of Constituents 50 Returns (%) # Inception
Launch Date October 24, 2019 Price Return -5.68 20.25 34.13 18.58 17.76
Base Date April 01, 2005 Total Return -5.65 21.03 35.20 19.84 19.52

Base Value 1000 Since

Statistics ## 1 Year 5 Years
Calculation Frequency Real-Time Inception
Index Rebalancing Semi-annual Std. Deviation * 14.29 16.99 17.80
Sector Representation Beta (NIFTY 50) 0.83 0.74 0.68

Sector Weight(%) Correlation (NIFTY 50) 0.78 0.82 0.82

Capital Goods 19.43

Fundamentals
Information Technology 17.33
P/E P/B Dividend Yield
Chemicals 12.23
39.1 9.42 1.15
Financial Services 10.80
Healthcare 9.06
Top constituents by weightage
Automobile and Auto Components 6.01
Fast Moving Consumer Goods 5.32 Company’s Name Weight(%)
Oil, Gas & Consumable Fuels 4.85
Consumer Durables 4.42 Persistent Systems Ltd. 4.24
Textiles 4.36 HDFC Asset Management Company Ltd. 3.42
Metals & Mining 3.73 Procter & Gamble Hygiene & Health Care Ltd. 3.41
Diversified 1.33 Page Industries Ltd. 3.20
Media, Entertainment & Publication 1.13 Coforge Ltd. 3.19
Tube Investments of India Ltd. 3.19
Tata Elxsi Ltd. 2.97
PI Industries Ltd. 2.96
Cummins India Ltd. 2.77
Oracle Financial Services Software Ltd. 2.73

## 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.
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 October 31, 2024

Index Methodology
• The index series has a base date of April 01, 2005 and a base value of 1000.
• Stocks from Nifty Midcap 150 index at the time of review are eligible for inclusion in the index.
• 50 companies with higher profitability, lower leverage and more stable earnings are selected to be part of the index.
• The weight of each stock in the index is based on the combination of stock’s quality score and its free float market capitalization.
• Index is rebalanced semi-annually.

Key Indices
Broad Market Indices 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

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Email: [email protected] | Tel: +91 22 26598386 | Fax: +91 22 26598120
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