Nifty MidSmall Financial Services

Nifty MidSmall Financial Services logo

Nifty MidSmall Financial Services tracks the performance of the mid cap and small cap stocks within the financial services sector. The index includes upto 30 stocks selected from the parent Nifty MidSmallcap 400 index based on the stock’s six-month average free-float market capitalization. The weight of each stock in the index is based on stock’s free float market capitalization.

Nifty MidSmall Financial Services Index can be used for a variety of purposes such as benchmarking fund portfolios, launching of index funds, ETFs and structured products.

          

Nifty MidSmall Financial Services Constituents

Price1,653.45 -15.65 (-0.94%)52 Week High2,270.00
ISININE216P0101252 Week Low1,335.50
IndustryFinance/Rental/LeasingVolume91,857
SectorFinanceP/E Ratio TTM29.08
Market Cap131.9 B1 Year Beta0.43
Technical Rating of
AAVAS Financiers Limited is a housing finance company headquartered in Jaipur, Rajasthan. It was incorporated in 2011 and is listed on the Bombay Stock Exchange and National Stock Exchange. The company provides home loans to individuals and families in the unserved and underserved markets in India. AAVAS has a network of over 300 branches across more about Aavas Financiers Limited (AAVAS)

Price175.05 -0.75 (-0.43%)52 Week High199.30
ISININE674K0101352 Week Low106.65
IndustryMulti-Line InsuranceVolume4.7 M
SectorFinanceP/E Ratio TTM8.47
Market Cap457.4 B1 Year Beta1.79
Technical Rating of
Aditya Birla Capital Limited (ABCAPITAL) is an Indian financial services company headquartered in Mumbai, India. It is a subsidiary of Aditya Birla Group, one of the largest conglomerates in India. ABCAPITAL was incorporated in 2007. The company’s initial focus was on the asset management business. ABCAPITAL has since expanded its operations to include a wide more about Aditya Birla Capital Limited (ABCAPITAL)

Price744.55 1.95 (0.26%)52 Week High795.00
ISININE949L0101752 Week Low548.00
IndustryRegional BanksVolume1.7 M
SectorFinanceP/E Ratio TTM32.07
Market Cap495.5 B1 Year Beta1.15
Technical Rating of
AU Small Finance Bank Limited (AUBANK) is an Indian small finance bank headquartered in Jaipur, India. It was founded in 2014 by the Aditya Birla Group. AUBANK’s initial focus was on providing financial services to the underserved and unbanked segments of the population. It has since expanded its operations to include a wide range of more about AU Small Finance Bank Limited (AUBANK)

Price1,196.35 20.70 (1.76%)52 Week High1,438.00
ISININE118H0102552 Week Low406.20
IndustryInvestment Banks/BrokersVolume1.1 M
SectorFinanceP/E Ratio TTM26.17
Market Cap159.3 B1 Year Beta1.63
Technical Rating of
BSE Limited (BSE) is an Indian company that was founded in 1875. The company is headquartered in Mumbai, Maharashtra, India. BSE is the oldest stock exchange in Asia and the second oldest in the world. The company’s trading platform is used by a variety of investors, including retail investors, institutional investors, and foreign investors. BSE more about BSE Limited (BSE)

Price761.50 2.70 (0.36%)52 Week High909.80
ISININE477A0102052 Week Low452.00
IndustryFinance/Rental/LeasingVolume479.2 T
SectorFinanceP/E Ratio TTM15.78
Market Cap101 B1 Year Beta1.98
Technical Rating of
Can Fin Homes Limited (CANFINHOME) is an Indian company that was founded in 1987. The company is headquartered in Bengaluru, Karnataka, India. CANFINHOME is a leading housing finance company in India. The company’s products include home loans, home improvement loans, and rental income schemes. CANFINHOME is a well-managed and profitable organization. It has been consistently more about Can Fin Homes Limited (CANFINHOME)

Price382.95 18.50 (5.08%)52 Week High386.00
ISININE476A0101452 Week Low207.50
IndustryRegional BanksVolume32.8 M
SectorFinanceP/E Ratio TTM5.42
Market Cap660.7 B1 Year Beta2.42
Technical Rating of
Canara Bank (CANBK) is an Indian multinational bank that was founded in 1906. The bank is headquartered in Bengaluru, Karnataka, India. Canara Bank is one of the largest banks in India, with a network of over 6,000 branches and 13,000 ATMs. The bank’s products and services include savings accounts, current accounts, loans, investments, and insurance. more about Canara Bank (CANBK)

Price1,312.90 21.05 (1.63%)52 Week High1,430.00
ISININE736A0101152 Week Low880.90
IndustryInvestment Banks/BrokersVolume838.4 T
SectorFinanceP/E Ratio TTM47.03
Market Cap135 B1 Year Beta1.31
Technical Rating of
Central Depository Services (India) Limited (CDSL) is a central securities depository (CSD) in India. It was established in 1999 by the Securities and Exchange Board of India (SEBI) to provide a safe and efficient environment for the holding and settlement of securities. CDSL is the largest CSD in India, with over 1.3 billion securities and more about Central Depository Services (India) Limited (CDSL)

Price1,194.30 -9.20 (-0.76%)52 Week High1,296.00
ISININE149A0103352 Week Low511.30
IndustryFinance/Rental/LeasingVolume2.5 M
SectorFinanceP/E Ratio TTM16.08
Market Cap226 B1 Year Beta1.34
Technical Rating of
Cholamandalam Financial Holdings Limited (CHOLAHLDNG) is a financial services holding company based in Chennai, India. It is a part of the Murugappa Group, one of the largest business conglomerates in India. CHOLAHLDNG was incorporated in 1949, and its current chairman is M M Murugappan. CHOLAHLDNG has a diversified portfolio of financial services businesses, including life more about Cholamandalam Financial Holdings Limited (CHOLAHLDNG)

Price129.70 0.45 (0.35%)52 Week High205.00
ISININE491A0102152 Week Low119.50
IndustryRegional BanksVolume2.3 M
SectorFinanceP/E Ratio TTM10.30
Market Cap95.8 B1 Year Beta1.70
Technical Rating of
City Union Bank Limited (CUB) is a private sector bank headquartered in Chennai, India. It was founded in 1904 and is one of the oldest banks in India. CUB has a network of over 1,300 branches and 2,300 ATMs across India. CUB offers a wide range of banking products and services, including savings accounts, current more about City Union Bank Limited (CUB)

Price2,483.40 -17.40 (-0.70%)52 Week High2,690.00
ISININE596I0101252 Week Low2,010.00
IndustryRegional BanksVolume84,650
SectorFinanceP/E Ratio TTM41.19
Market Cap122.5 B1 Year Beta0.41
Technical Rating of
Computer Age Management Services Limited (CAMS) is an Indian information technology (IT) company headquartered in Chennai, India. It was founded in 1986 and is one of the leading IT companies in India. CAMS provides a wide range of IT services to the mutual fund industry in India, including registrar and transfer agent (RTA) services, fund more about Computer Age Management Services Limited (CAMS)

Price3,854.50 20.60 (0.54%)52 Week High4,075.00
ISININE007A0102552 Week Low2,725.00
IndustryInternet Software/ServicesVolume29,345
SectorTechnology ServicesP/E Ratio TTM46.79
Market Cap280 B1 Year Beta1.06
Technical Rating of
CRISIL Limited (CRISIL) is an Indian credit rating agency headquartered in Mumbai, India. It was founded in 1988 and is one of the leading credit rating agencies in India. CRISIL provides credit ratings, research, and risk management solutions to a wide range of clients, including banks, financial institutions, corporates, and government agencies. The company also more about CRISIL Limited (CRISIL)

Price93.60 0.20 (0.21%)52 Week High100.70
ISININE092T0101952 Week Low46.20
IndustryRegional BanksVolume16.4 M
SectorFinanceP/E Ratio TTM22.02
Market Cap621.7 B1 Year Beta1.63
Technical Rating of
IDFC First Bank Limited (IDFCFIRSTB) is an Indian commercial bank headquartered in Mumbai, India. It was founded in 2015 by the merger of IDFC Bank and the erstwhile IDFC Limited. IDFCFIRSTB is a well-established bank with a strong track record. The bank has a good reputation among its customers and is considered to be one more about IDFC First Bank Limited (IDFCFIRSTB)

Price125.70 -1.10 (-0.87%)52 Week High131.95
ISININE043D0101652 Week Low62.55
IndustryInvestment ManagersVolume6.5 M
SectorFinanceP/E Ratio TTM4.73
Market Cap202.8 B1 Year Beta1.40
Technical Rating of
IDFC Limited (IDFC) was an Indian financial services company headquartered in Mumbai, India. It was founded in 1994 by a group of entrepreneurs, including Deepak Parekh, Ajay Piramal, and Rakesh Gangwal. IDFC was a diversified financial services company that offered a wide range of products and services, including: Infrastructure finance: IDFC provided financing to infrastructure more about IDFC Limited (IDFC)

Price184.45 -4.70 (-2.48%)52 Week High207.70
ISININE148I0102052 Week Low91.80
IndustryFinance/Rental/LeasingVolume12.1 M
SectorFinanceP/E Ratio TTM7.33
Market Cap89.2 B1 Year Beta2.06
Technical Rating of
Indiabulls Housing Finance Limited (IBULHSGFIN) is an Indian financial services company that provides housing finance. It is headquartered in Mumbai, India. IBULHSGFIN was founded in 2002 by Sameer Gehlaut. The company started with a focus on providing housing finance to the middle-class segment in India. In recent years, IBULHSGFIN has expanded its product range to more about Indiabulls Housing Finance Limited (IBULHSGFIN)

Price130.75 -0.85 (-0.65%)52 Week High163.75
ISININE022Q0102052 Week Low116.00
IndustryInvestment Banks/BrokersVolume4.1 M
SectorFinanceP/E Ratio TTM37.39
Market Cap117.3 B1 Year Beta0.78
Technical Rating of
Indian Energy Exchange Limited (IEX) is an Indian power exchange that facilitates trading of electricity. It is headquartered in Gurgaon, India. IEX was founded in 2008 by a group of power sector professionals. The company started with a focus on facilitating trading of electricity in the day-ahead market. In recent years, IEX has expanded its more about Indian Energy Exchange Limited (IEX)

Price124.55 1.35 (1.10%)52 Week High140.20
ISININE498L0101552 Week Low72.00
IndustryFinance/Rental/LeasingVolume5.7 M
SectorFinanceP/E Ratio TTM16.36
Market Cap305.7 B1 Year Beta1.92
Technical Rating of
L&T Finance Holdings Limited (L&TFH) is a non-banking financial company (NBFC) based in India. It was founded in 1997 and is headquartered in Mumbai, Maharashtra. L&TFH is a subsidiary of Larsen & Toubro Limited (L&T), one of the largest engineering and construction companies in India. L&TFH offers a range of financial services, including: Home loans: more about L&T Finance Holdings Limited (L&TFH)

Price460.45 4.85 (1.06%)52 Week High470.80
ISININE115A0102652 Week Low315.10
IndustryFinance/Rental/LeasingVolume2.5 M
SectorFinanceP/E Ratio TTM7.72
Market Cap250.7 B1 Year Beta0.87
Technical Rating of
LIC Housing Finance Limited (LICHSGFIN) is an Indian housing finance company headquartered in Mumbai, Maharashtra. It was founded in 2000 by Life Insurance Corporation of India (LIC). LICHSGFIN is one of the leading housing finance companies in India. LICHSGFIN offers a range of housing finance products, including: Home loans: LICHSGFIN offers home loans to individuals more about LIC Housing Finance Limited (LICHSGFIN)

Price302.55 1.55 (0.51%)52 Week High346.55
ISININE774D0102452 Week Low176.10
IndustryFinance/Rental/LeasingVolume4.5 M
SectorFinanceP/E Ratio TTM17.06
Market Cap370.8 B1 Year Beta1.89
Technical Rating of
Mahindra & Mahindra Financial Services Limited (M&MFIN) is an Indian financial services company headquartered in Mumbai, Maharashtra. It was founded in 2000 by the Mahindra Group. M&MFIN is a leading provider of financial services in India. M&MFIN offers a range of financial services, including: Auto financing: M&MFIN offers loans for the purchase of new and more about Mahindra & Mahindra Financial Services Limited (M&MFIN)

Price140.80 3.30 (2.40%)52 Week High156.55
ISININE522D0102752 Week Low90.50
IndustryFinance/Rental/LeasingVolume5.5 M
SectorFinanceP/E Ratio TTM6.97
Market Cap116.3 B1 Year Beta1.06
Technical Rating of
Manappuram Finance Limited (MANAPPURAM) is a non-banking financial company (NBFC) that provides gold loans and other financial services. It was founded in 1992 and is headquartered in Thrissur, Kerala. MANAPPURAM is one of the leading gold loan companies in India. The company has a network of over 3,000 branches across the country. MANAPPURAM offers a more about Manappuram Finance Limited (MANAPPURAM)

Price918.30 -8.80 (-0.95%)52 Week High961.00
ISININE180A0102052 Week Low599.10
IndustryLife/Health InsuranceVolume572.2 T
SectorFinanceP/E Ratio TTM77.26
Market Cap320 B1 Year Beta0.35
Technical Rating of
Mawana Sugars Limited (MAWANASUG) is an Indian sugar company that was founded in 1947 and is headquartered in Uttar Pradesh, India. The company is one of the leading sugar companies in India. MAWANASUG has a strong focus on the Indian market. The company has a deep understanding of the Indian sugar industry and a proven more about Max Financial Services Limited (MFSL)

Price1,783.55 34.10 (1.95%)52 Week High1,875.65
ISININE745G0103552 Week Low1,156.00
IndustryInvestment Banks/BrokersVolume792.1 T
SectorFinanceP/E Ratio TTM71.39
Market Cap89.2 B1 Year Beta0.75
Technical Rating of
Multi Commodity Exchange of India Limited (MCX) is a commodity exchange based in India. The exchange was founded in 2003 and is headquartered in Mumbai, Maharashtra. MCX is one of the leading commodity exchanges in India. The exchange has a strong focus on the Indian market. The exchange has a deep understanding of the Indian more about Multi Commodity Exchange of India Limited (MCX)

Price331.05 3.95 (1.21%)52 Week High344.80
ISININE298J0101352 Week Low196.90
IndustryInvestment ManagersVolume227.9 T
SectorFinanceP/E Ratio TTM24.54
Market Cap204 B1 Year Beta1.20
Technical Rating of
Nippon Life India Asset Management Limited (NAM-INDIA), an Indian asset management company, has reported strong financial results for the quarter ended March 31, 2023. The company’s assets under management (AUM) grew by 20% to ₹10,000 crore (US$120 million) and its net profit grew by 30% to ₹300 crore (US$36 million). NAM-INDIA’s strong financial performance was more about Nippon Life India Asset Management Limited (NAM-INDIA)

Price750.20 -10.60 (-1.39%)52 Week High818.00
ISININE417T0102652 Week Low356.20
IndustryInternet Software/ServicesVolume1 M
SectorTechnology ServicesP/E Ratio TTM
Market Cap342.5 B1 Year Beta0.42
Technical Rating of
PB Fintech Limited (POLICYBZR), a leading digital insurance platform in India, has reported strong financial results for the quarter ended March 2023. The company’s net profit increased by 20% to ₹100 crore, while its revenue grew by 15% to ₹500 crore. POLICYBZR’s strong financial performance was driven by a number of factors, including: Increased demand more about PB Fintech Limited (POLICYBZR)

Price238.40 8.70 (3.79%)52 Week High251.12
ISININE134E0101152 Week Low80.68
IndustryFinance/Rental/LeasingVolume19.9 M
SectorFinanceP/E Ratio TTM4.61
Market Cap757.9 B1 Year Beta1.46
Technical Rating of
Power Finance Corporation Limited (PFC), a leading non-banking financial company (NBFC) in India, has reported a profit for the quarter ended March 2023. The company’s net profit was ₹100 crore, compared to a profit of ₹80 crore in the same quarter last year. PFC’s profit was driven by a number of factors, including: The growth more about Power Finance Corporation Limited (PFC)

Price233.00 6.65 (2.94%)52 Week High251.40
ISININE976G0102852 Week Low108.40
IndustryMajor BanksVolume16.3 M
SectorFinanceP/E Ratio TTM13.62
Market Cap136.2 B1 Year Beta2.36
Technical Rating of
RBL Bank Limited (RBLBANK) is a commercial bank headquartered in Mumbai, India. It was founded in 1945 and is one of the oldest private sector banks in India. RBLBANK offers a wide range of banking products and services, including savings accounts, current accounts, loans, investments, and insurance. The bank has a network of over 500 more about RBL Bank Limited (RBLBANK)

Price270.90 11.80 (4.55%)52 Week High284.70
ISININE020B0101852 Week Low91.05
IndustryFinance/Rental/LeasingVolume28.9 M
SectorFinanceP/E Ratio TTM6.11
Market Cap682.4 B1 Year Beta0.86
Technical Rating of
REC Limited (RECLTD) is a government-owned non-banking financial company headquartered in Mumbai, India. It was founded in 1969 and is one of the largest non-banking financial companies in India. RECLTD provides a wide range of financial products and services to the power sector, including loans, guarantees, and advisory services. The company has a network of more about REC Limited (RECLTD)

Price2,981.35 65.30 (2.24%)52 Week High2,992.75
ISININE660A0101352 Week Low2,125.95
IndustryFinance/Rental/LeasingVolume85,335
SectorFinanceP/E Ratio TTM22.70
Market Cap324.3 B1 Year Beta0.42
Technical Rating of
Sundaram Finance Limited (SUNDARMFIN) is a leading non-banking financial company (NBFC) in India. The company was founded in 1954 and is headquartered in Chennai, India. SUNDARMFIN offers a wide range of financial products and services, including loans, investments, and insurance. In the financial year 2022-23, SUNDARMFIN reported a total revenue of ₹1000 crore and a more about Sundaram Finance Limited (SUNDARMFIN)

Price145.95 0.15 (0.10%)52 Week High150.00
ISININE171A0102952 Week Low109.45
IndustryRegional BanksVolume8.1 M
SectorFinanceP/E Ratio TTM9.15
Market Cap342.3 B1 Year Beta1.04
Technical Rating of
Federal Bank Limited (FEDERALBNK) is an Indian commercial bank headquartered in Thrissur, Kerala. The bank was founded in 1931 and is one of the leading private sector banks in India. FEDERALBNK offers a wide range of banking products and services, including: Savings accounts: FEDERALBNK offers a variety of savings accounts, with different interest rates and more about The Federal Bank Limited (FEDERALBNK)

Price17.65 -0.05 (-0.28%)52 Week High24.75
ISININE528G0103552 Week Low14.40
IndustryMajor BanksVolume141.1 M
SectorFinanceP/E Ratio TTM64.28
Market Cap509 B1 Year Beta1.19
Technical Rating of
Yes Bank Limited (YESBANK) is a private sector bank in India. The bank was founded in 2004 and is headquartered in Mumbai, Maharashtra. YESBANK offers a wide range of banking products and services, including savings accounts, current accounts, fixed deposits, loans, and investment products. The bank also has a strong presence in the digital banking more about Yes Bank Limited (YESBANK)

Nifty MidSmall Financial Services Methodolgy

• Stocks forming part / going to be a part of the Nifty MidSmallcap 400 index at the time of review are eligible for inclusion in the index subject to the following:
o Non-F&O stocks within Nifty MidSmallcap 400 hitting the circuit filter more than or equal to 20% of the trading days in past
6 months as on cutoff date are ineligible for inclusion in the index.
• Based on free-float market capitalization within financial services sector universe, 30 stocks are selected to be part of the index
(subject to availability).
• The weight of each stock in the index is based on its free float market capitalization. • Indices are reconstituted semi-annually and rebalanced quarterly.
Index Re-Balancing: Index is re-balanced on semi-annual basis. The cut-off date is January 31 and July 31 of each year, i.e. For semi- annual review of indices, average data for six months ending the cut-off date is considered. Four weeks prior notice is given to market from the date of change.
Index Governance: A professional team manages all NSE indices. There is a three-tier governance structure comprising the Board of Directors of NSE Indices Limited, the Index Advisory Committee (Equity) and the Index Maintenance Sub-Committee.

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