|Methodology||Alpha based Weighting|
|No. of Constituents||100|
|Launch Date||September 30, 2017|
|Base Date||October 3, 2016|
|Calculation Frequency||EOD Daily|
|Std. Deviation *||21.48|
|METALS AND MINING||10.07|
|AUTOMOBILES & AUTO PARTS||6.62|
|CEMENT & CEMENT PRODUCTS||2.73|
|BANKS-PRIVATE AND PSU||1.29|
Top Constituents by Weight
Annualized Volatility %
|Period||Dynamic Smallcap Index||NSE Smallcap Index|
Ended Feb 28, 2018
|Period||Dynamic Smallcap Index||NSE Smallcap Index||NSE Midcap 100 Index||Top 10 Smallcap MF Schemes||Nifty Index|
# 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 100 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 100 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
|8K MILES SOFTWAR|
|ACTION CONSTRUCTION EQUIPMENT|
|AJMERA REALTY & INFRA INDIA|
|APEX FROZEN FOODS|
|BHANSALI ENGINEERING POLYMERS|
|BLISS GVS PHARMA|
|CHENNAI PETROLEUM CORPORATION|
|EXCEL CROP CARE|
|GUJARAT ALKALIES AND CHEMICALS|
|GUJARAT MINERAL DEVELOPMENT CORPORATION|
|GUJARAT NARMADA VALLEY FERTILIZERS AND CHEMICALS|
|HIMADRI SPECIALITY CHEMICAL LIMITED|
|HINDUJA GLOBAL SOLUTIONS|
|ITD CEMENTATION INDIA|
|JAMNA AUTO INDUSTRIES|
|JMC PROJECTS INDIA|
|MCLEOD RUSSEL INDIA|
|MUNJAL AUTO INDUSTRIES|
|NUCLEUS SOFTWARE EXPORTS|
|PHILLIPS CARBON BLACK|
|SARDA ENERGY & MINERALS|
|SASKEN TECHNOLOGIES LIMITED|
|SECURITY AND INTELLIGENCE SERVICES (INDIA)|
|SHREE PUSHKAR CHEMICALS & FERTILISERS|
|STAR PAPER MILLS|
|TATA SPONGE IRON|
|THE KARNATAKA BANK|
|THE TINPLATE COMPANY OF INDIA|
|TOURISM FINANCE CORPORATION OF INDIA|
|VARDHMAN HOLDINGS LIMITED|
|VARDHMAN SPECIAL STEELS|
|West Coast Paper Mills Limited|
|ZUARI AGRO CHEMICALS|
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