|Methodology||Alpha based Weighting|
|No. of Constituents||50|
|Launch Date||October 31, 2017|
|Base Date||October 3, 2016|
|Calculation Frequency||EOD Daily|
|Std. Deviation *||18.62|
|INFRASTRUCTURE CONSTRUCTION & ENG.||9.87|
|AUTOMOBILES & AUTO PARTS||7.71|
|BANKS-PRIVATE AND PSU||2.83|
|CEMENT & CEMENT PRODUCTS||2.37|
|ENERGY-OIL & GAS||1.66|
|GOLD & JEWELLERY||4.22|
Top Constituents by Weight
Annualized Volatility %
|Period||Dynamic Midcap Index||NIFTY Full Midcap 100|
Ended Jan 31, 2018
|Period||Dynamic Midcap Index||NSE Midcap 100 Index||NSE Midcap 50 Index||NIFTY Index||Top 10 Midcap MF Schemes|
# 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 50 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 50 stocks are determined based on quantitative research & analysis conducted on a quarterly basis by Dynamic Research team
List of Index Stocks for Jan-Mar'18 Quarter
|ASTRAL POLY TECHNIK|
|BANK OF INDIA|
|CENTURY TEXTILES & INDUSTRIES|
|CHOLAMANDALAM INVESTMENT AND FINANCE COMPANY|
|CROMPTON GREAVES CONSUMER ELECTRICALS LTD|
|DEWAN HOUSING FINANCE CORPORATION|
|EDELWEISS FINANCIAL SERVICES|
|GUJARAT STATE PETRONET|
|HONEYWELL AUTOMATION INDIA|
|INDIABULLS REAL ESTATE|
|LARSEN & TOUBRO INFOTECH|
|MANGALORE REFINERY AND PETROCHEMICALS|
|MOTILAL OSWAL FINANCIAL SERVICES|
|NATIONAL BUILDING CONSTRUCTION CORP|
|NLC INDIA LIMITED|
|PRESTIGE ESTATES PROJECTS|
|SHRIRAM TRANSPORT FINANCE COMPANY|
|SOLAR INDUSTRIES INDIA|
|TATA GLOBAL BEVERAGES|
|WHIRLPOOL OF INDIA|
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