Days Range
Company | LTP | Change | Day Range |
|---|
Sector Name | Advances | No Change | Declined |
|---|
NIFTY500 Multicap 50:25:25, a variant of NIFTY 500, is a broad-based index listed on the National Stock Exchange (NSE) that is designed to capture the performance of large, mid, and small cap companies which have been assigned target weights of 50%, 25%, and 25% respectively. It is a diversified index of 500 stocks based on free-float market capitalization, with 100 companies from NIFTY 100, 150 companies from NIFTY Midcap 150, and the remaining 250 companies from NIFTY Smallcap 250 index.
These stocks span 21 sectors of the economy, including Financial Services, IT, Oil, Gas & Consumable Fuels, Capital Goods, FMCG, Healthcare, Automobile & Auto Components, Consumer Durables, Chemicals, Power, Metals & Mining, Services, Construction, Telecom, Construction Materials, Realty, Media, Entertainment & Publication- to name a few.
This NIFTY500 Multicap 50:25:25 index was launched on December 2, 2020, with the base date as April 1, 2005, and the base value at 1000. The NIFTY500 Multicap 50:25:25 share price since inception has breached the levels of 9,000 at ~20x P/E multiples. It is reconstituted on a semi-annual basis while the weights are rebalanced on a quarterly basis.
The NIFTY500 Multicap 50:25:25 index is owned and managed by NSE Indices Limited, previously known as India Index Services & Products Limited.
NIFTY500 Multicap 50:25:25 has an index variant: NIFTY500 Multicap 50:25:25 Total Returns Index. This index is ideal for benchmarking of fund portfolios by asset managers. It also can be used as a reference index for passive tracking by index funds, ETFs, and other structured products.
The NIFTY500 Multicap 50:25:25 share price is calculated by weighting its 501 stocks on the basis of periodically capped free-float market capitalization relative to a particular base market capitalization value on a real-time basis.
In order to be considered for addition in NIFTY500 Multicap 50:25:25, the companies must fulfil the following criteria:
The index value is calculated as follows –
Index value = Current market capitalization/ (Base market capitalization * Base Index Value)
The NIFTY500 Multicap 50:25:25 index is reviewed semi-annually based on six months of data in the months of January and July each year. The replacement of stocks (if any) is implemented from the last trading day of March and September. Ad-hoc reconstitution may take place when the securities are removed from the NIFTY 500 index or in instances of delisting, suspension, or a scheme of arrangement.