|Methodology||Alpha based Weighting|
|No. of Constituents||35|
|Launch Date||November 16, 2017|
|Base Date||October 1, 2014|
|Calculation Frequency||End of day|
|Std. Deviation *||17.81|
|AUTOMOBILES & AUTO PARTS||14.29|
|METALS AND MINING||2.86|
|INFRASTRUCTURE CONSTRUCTION AND ENGINEERING||2.86|
|ENERGY-OIL & GAS||2.86|
|TEXTILES AND APPAREL||2.86|
|GOLD & JEWELLERY||5.71|
|CONSTRUCTION SUPPLIES & FIXTURES||2.86|
|HOTELS AND LEISURE||2.86|
|MEDIA-TV AND NEWSPAPER||2.86|
Top Constituents by Returns (In Last Quarter)
Annualized Volatility %
|Period||Dynamic Midcap Index||NIFTY Midcap 100 Index|
Ended Oct 31, 2019
|Period||Dynamic Midcap Index||Nifty Midcap 100 Index||Nifty Midcap 50 Index||NIFTY Index||Top 5 Midcap MF Schemes|
|Since Inception (1-10-14)||17.16||8.14||8.20||8.37||13.57|
# QTD,YTD and 1 year returns are absolute returns. Returns for greater than one year are CAGR returns.
* Average daily standard deviation annualised.
- Weight of stocks in index is based on alpha score derived from ‘Jensen Alpha’ for the 35 stocks calculated based on previous 6 month period ending last trading day of February, May, August & November of each year.
- Index is rebalanced on a quarterly basis in March, June, September and December on 1st working day after F&O expiry of March, June, September and December.
- Weight of the stocks are determined based on Alpha score calculated at the time of the quarterly review. This weight may drift till the next review due to movement in stock prices.
- Apart from the scheduled quarterly review, additional rebalancing of the index is carried out in case any of the index constituents undergoes a suspension or delisting or scheme of arrangement.
The list of 35 stocks are determined based on quantitative research & analysis conducted on a quarterly basis by Dynamic Research team
List of Index Stocks for Oct-Dec'19 Quarter
|ADITYA BIRLA FASHION AND RETAIL LTD.|
|AMARA RAJA BATTERIES LTD.|
|ASHOK LEYLAND LTD.|
|ASTRAL POLY TECHNIK LTD.|
|BATA INDIA LTD.|
|BHARAT FORGE LTD.|
|CHOLAMANDALAM INVESTMENT AND FINANCE COMPANY LTD.|
|CROMPTON GREAVES CONSUMER ELECTRICALS LTD.|
|EDELWEISS FINANCIAL SERVICES LTD.|
|ENDURANCE TECHNOLOGIES LTD.|
|EXIDE INDUSTRIES LTD.|
|FEDERAL BANK LTD.|
|HONEYWELL AUTOMATION INDIA LTD.|
|IIFL FINANCE LTD.|
|INDIABULLS VENTURES LTD.|
|INDIAN HOTELS CO. LTD.|
|INDRAPRASTHA GAS LTD.|
|JUBILANT FOODWORKS LTD.|
|LIC HOUSING FINANCE LTD.|
|MANAPPURAM FINANCE LTD.|
|MOTILAL OSWAL FINANCIAL SERVICES LTD.|
|MUTHOOT FINANCE LTD.|
|NBCC (INDIA) LTD.|
|ORIENTAL BANK OF COMMERCE|
|PAGE INDUSTRIES LTD.|
|RBL BANK LTD.|
|SHRIRAM TRANSPORT FINANCE CO. LTD.|
|SKF INDIA LTD.|
|STERLITE TECHNOLOGIES LTD.|
|SUN TV NETWORK LTD.|
|TTK PRESTIGE LTD.|
|TVS MOTOR COMPANY LTD.|
|WHIRLPOOL OF INDIA LTD.|
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