Nifty Midcap150 Momentum 50

The Nifty Midcap 150 Momentum 50 Index is designed to track the performance of 50 mid-cap companies from the Nifty Midcap 150 Index that exhibit the highest momentum. Momentum is determined based on price performance over a specified period, highlighting companies that have shown significant upward trends. Investing in the Nifty Midcap 150 Momentum 50 Index provides exposure to mid-cap stocks with strong price momentum, offering potential for high returns driven by positive market trends.

The Nifty Midcap 150 Momentum 50 Index includes 50 companies selected from the Nifty Midcap 150 Index based on their Normalised Momentum Score. This score is determined by considering each company's 6-month and 12-month price returns, adjusted for volatility. Stock weights are based on a combination of the stock’s Normalised Momentum Score and its free-float market capitalisation. Notable companies in the index are those mid-cap firms demonstrating strong and sustained upward price movements, such as GMR Airports Infrastructure Ltd., HDFC Asset Management Company Ltd., Hindustan Petroleum Corporation Ltd., Mazagoan Dock Shipbuilders Ltd., and Oracle Financial Services Software Ltd. The index is reviewed periodically to ensure it accurately reflects the current market momentum and includes the most dynamic mid-cap stocks. This approach provides investors with a focused and high-potential segment of the mid-cap market.