|Methodology||Alpha based Weighting|
|No. of Constituents||50|
|Launch Date||October 31, 2017|
|Base Date||October 3, 2016|
|Calculation Frequency||EOD Daily|
|Std. Deviation *||18.47|
|AUTOMOBILES & AUTO PARTS||13.28|
|INFRASTRUCTURE CONSTRUCTION AND ENG||4.18|
|TEXTILES AND APPAREL||3.60|
|ENERGY-OIL & GAS||2.61|
|BANKS-PRIVATE AND PSU||1.08|
|HOTELS AND LEISURE||0.82|
Top Constituents by Weight
|LARSEN & TOUBRO INFOTECH||8.07|
|BOMBAY BURMAH TRADING CORPORATION||4.01|
|ASTRAL POLY TECHNIK||3.10|
Annualized Volatility %
|Period||Dynamic Midcap Index||NIFTY Midcap 100 Index|
Ended May 31, 2018
|Period||Dynamic Midcap Index||Nifty Midcap 100 Index||Nifty 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 Apr-Jun'18 Quarter
|ASTRAL POLY TECHNIK|
|BOMBAY BURMAH TRADING CORPORATION|
|CHOLAMANDALAM INVESTMENT AND FINANCE COMPANY|
|CITY UNION BANK|
|DEWAN HOUSING FINANCE CORPORATION|
|EDELWEISS FINANCIAL SERVICES|
|GE T&D INDIA LIMITED|
|GLAXOSMITHKLINE CONSUMER HEALTHCARE|
|GUJARAT STATE PETRONET|
|HATSUN AGRO PRODUCT|
|HONEYWELL AUTOMATION INDIA|
|INDIABULLS REAL ESTATE|
|INFO EDGE INDIA|
|LARSEN & TOUBRO INFOTECH|
|MAHINDRA & MAHINDRA FINANCIAL SERVICES|
|MAHINDRA CIE AUTOMOTIVE|
|MOTILAL OSWAL FINANCIAL SERVICES|
|PRESTIGE ESTATES PROJECTS|
|TATA GLOBAL BEVERAGES|
|THOMAS COOK INDIA|
|WHIRLPOOL OF INDIA|
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