• The index has a base date of April 01, 2005 and a base value of 1000
• Stocks forming part or going to form part of Nifty MidSmallcap 400 index at the time of review are eligible for inclusion in the index
• 20 stocks are selected based on their free-float market capitalisation within the sector universe subject to availability
• The weight of each stock in the index is based on the free float market capitalization
• Weight of no single stock shall be more than 33% and weights of top 3 stocks cumulatively shall not be more than 62% at the time of rebalancing
• Indices are reconstituted semi-annually and rebalanced quarterly