|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 *||17.60|
|BANKS-PRIVATE AND PSU||17.14|
|AUTOMOBILES & AUTO PARTS||5.71|
|ENERGY-OIL & GAS||5.71|
|INFRASTRUCTURE CONSTRUCTION AND ENGINEERING||2.86|
|CEMENT & CEMENT PRODUCTS||2.86|
|TEXTILES AND APPAREL||2.86|
|GOLD & JEWELLERY||2.86|
Top Constituents by Returns (In Current Quarter)
|GUJARAT STATE PETRONET LTD.||12.03|
|INDRAPRASTHA GAS LTD.||6.67|
|MINDA INDUSTRIES LTD.||5.88|
|GUJARAT GAS LTD.||3.37|
|HONEYWELL AUTOMATION INDIA||-0.41|
|PI INDUSTRIES LTD.||-2.71|
|ADITYA BIRLA CAPITAL LTD.||-2.72|
|JUBILANT FOODWORKS LTD.||-3.55|
|AU SMALL FINANCE BANK LTD.||-4.34|
Annualized Volatility %
|Period||Dynamic Midcap Index||NIFTY Midcap 100 Index|
Ended Aug 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)||16.23||6.71||6.49||6.89||11.60|
# 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 Jul-Sep'19 Quarter
|ABB INDIA LTD.|
|ADITYA BIRLA CAPITAL LTD.|
|AU SMALL FINANCE BANK LTD.|
|BHARAT ELECTRONICS LTD.|
|BHARAT HEAVY ELECTRICALS LTD.|
|CHOLAMANDALAM INVESTMENT AND FINANCE COMPANY LTD.|
|CITY UNION BANK LTD.|
|CUMMINS INDIA LTD.|
|EDELWEISS FINANCIAL SERVICES LTD.|
|FEDERAL BANK LTD.|
|GRAPHITE INDIA LTD.|
|GRUH FINANCE LTD.|
|GUJARAT GAS LTD.|
|GUJARAT STATE PETRONET LTD.|
|HONEYWELL AUTOMATION INDIA LTD.|
|HOUSING & URBAN DEVELOPMENT CORPORATION LTD.|
|INDRAPRASTHA GAS LTD.|
|JUBILANT FOODWORKS LTD.|
|L&T TECHNOLOGY SERVICES LTD.|
|MAHINDRA & MAHINDRA FINANCIAL SERVICES LTD.|
|MAHINDRA CIE AUTOMOTIVE LTD.|
|MINDA INDUSTRIES LTD.|
|MUTHOOT FINANCE LTD.|
|NBCC (INDIA) LTD.|
|OBEROI REALTY LTD.|
|PI INDUSTRIES LTD.|
|Power Finance Corporation Limited|
|RBL BANK LTD.|
|TATA CHEMICALS LTD.|
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