|Methodology||Alpha based Weighting|
|No. of Constituents||100|
|Launch Date||September 30, 2017|
|Base Date||October 3, 2016|
|Calculation Frequency||EOD Daily|
|Std. Deviation *||21.34|
|AUTOMOBILES & AUTO PARTS||8.06|
|INFRASTRUCTURE CONSTRUCTION & ENG.||4.81|
|METALS AND MINING||3.27|
|CEMENT & CEMENT PRODUCTS||1.73|
|TEXTILES AND APPAREL||0.76|
|HOTELS AND LEISURE||1.50|
|MEDIA-TV AND NEWSPAPER||1.33|
Top Constituents by Weight
|ACTION CONSTRUCTION EQUIPMENT||2.78|
|PRECISION WIRES INDIA||2.03|
|GUJARAT AMBUJA EXPORTS||1.84|
Annualized Volatility %
|Period||Dynamic Smallcap Index||NSE Smallcap Index|
Ended Apr 30, 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 Apr-Jun'18 Quarter
|8K MILES SOFTWAR|
|ACTION CONSTRUCTION EQUIPMENT|
|AHLUWALIA CONTRACTS INDIA|
|ASAHI INDIA GLASS|
|CAN FIN HOMES|
|CEREBRA INTEGRATED TECHNOLOGIES|
|CHAMBAL FERTILIZERS & CHEMICALS|
|COMPUAGE INFOCOM LIMITED|
|DATAMATICS GLOBAL SERVICES|
|DHAMPUR SUGAR MILLS|
|EIH ASSOCIATED HOTELS|
|EXCEL CROP CARE|
|GUJARAT AMBUJA EXPORTS|
|GUJARAT NARMADA VALLEY FERTILIZERS AND CHEMICALS|
|HIMADRI SPECIALITY CHEMICAL LIMITED|
|INTELLECT DESIGN ARENA|
|JAYANT AGRO ORGANICS|
|JMC PROJECTS INDIA|
|KALPATARU POWER TRANSMISSION|
|L&T TECHNOLOGY SERVICES|
|LAKSHMI MACHINE WORKS|
|LG BALAKRISHNAN & BROS|
|LUMAX AUTO TECHNOLOGIES|
|MUNJAL AUTO INDUSTRIES|
|NUCLEUS SOFTWARE EXPORTS|
|PHILLIPS CARBON BLACK|
|POWER MECH PROJECTS|
|PRECISION WIRES INDIA|
|SALASAR TECHNO ENGINEERING|
|SARDA ENERGY & MINERALS|
|SASKEN TECHNOLOGIES LIMITED|
|SHANKARA BUILDING PRODUCTS|
|TOURISM FINANCE CORPORATION OF INDIA|
|TV TODAY NETWORK|
|VETO SWITCH GEARS AND CABLES|
|VST TILLERS TRACTORS|
|ZUARI AGRO CHEMICALS|
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