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  • All Prices are in INR

The Nifty500 Multicap Momentum Quality 50 Index tracks the performance of the large, mid and small cap stocks which are selected based on the combination of momentum and quality factors from the Nifty 500 index. The momentum score for each company is determined based on its 6-month and 12-month price return, adjusted for volatility. The quality score for each company is determined based on return on equity (ROE), financial leverage (Debt/Equity Ratio) and earning (EPS) growth variability analysed during the previous 5 years. The weight of each stock in the index is based on the combination of stock’s composite momentum - quality score and its free float market capitalization.

 

 

 

 

 

ADVANCED CHARTING

Highlights

  • The index has a base date of April 01, 2005, with a base value of 1000.
  • Stocks part of the Nifty 500 index at the time of review are eligible for inclusion in the index.
  • Stocks that have scored low on liquidity parameters are excluded from the index.
  • 10 companies from large cap universe (stocks forming part of the Nifty 100), 15 companies from midcap universe (stocks forming part of the Nifty Midcap 150) and 25 companies from the smallcap universe (stocks forming part of the Nifty Smallcap 250) based on the combination of momentum and quality factors are selected to be part of the index.
  • The weight of each stock in the index is based on the combination of stock’s composite momentum - quality score and its free float market capitalization.
  • The index is reconstituted semi-annually (June, December)