Nifty MidSmallcap400 50:50 stocks list

NSEBroad market400 companies

P/E
28.96
P/B
3.47
Dividend yield
0.88%
1M
−4.72%
3M
−6.20%
1Y
−3.21%

P/E against its own past

Where today's P/E sits among every trading day of each window: the dot is today, the tick the middle day.

P/E at each month's last trading day

32.2128.0229.0328.0231.5931.1032.0432.2131.5031.1528.96Feb 26Apr 26Jun 26Aug 26Oct 26

What the Nifty MidSmallcap400 50:50 companies earned

Revenue against the same quarter a year earlier, over today's members that filed both; profit after tax added up over the members that filed the quarter. A quarter fewer than 60% of them filed is left out, and the newest is added once nearly as many have filed it as the one before.

Revenue growth
+17.3%quarter to Jun 2026
Profit
₹1,38,748 Crquarter to Jun 2026
Filed the quarter
397of 397
Median ROCE
13.4%year to Mar 2026

Revenue against the same quarter a year earlier, per cent

13Mar 2411Jun 2411Sep 244.3Dec 245.4Mar 257.6Jun 258.0Sep 2514Dec 2512Mar 2617Jun 26
Revenue grew against a year earlier in 10 of the 10 quarters shown.

Profit after tax, ₹ crore, added up over the companies that filed

1,07,429Mar 241,10,705Jun 241,02,170Sep 241,17,805Dec 241,28,004Mar 251,20,466Jun 251,28,745Sep 251,30,396Dec 251,54,307Mar 261,38,748Jun 26
Largest profit ₹1,54,307 Cr, quarter to Mar 2026.

The largest companies

The 12 largest companies in the Nifty MidSmallcap400 50:50, each sized by its market cap.

Market cap, ₹ crore

  • Life Insurance Corporation of India₹4,95,184 Cr
  • Bharat Heavy Electricals₹1,41,128 Cr
  • ICICI Prudential Asset Management Company₹1,37,834 Cr
  • Lenskart Solutions₹1,19,960 Cr
  • Billionbrains Garage Ventures₹1,19,387 Cr
  • Laurus Labs₹1,17,891 Cr
  • LG Electronics India₹1,14,753 Cr
  • The Indian Hotels Company₹1,14,615 Cr
  • Indian Bank₹1,13,118 Cr
  • Hero MotoCorp₹1,06,525 Cr
  • Meesho₹1,05,456 Cr
  • One 97 Communications₹1,04,678 Cr

Companies in the Nifty MidSmallcap400 50:50

Largest first, by market cap. 397 of its 400 members are listed here; the rest had no price on the latest trading day.

  • Life Insurance Corporation of India logoLife Insurance Corporation of IndiaLICI · Insurance₹391.45+0.97%₹4,95,184 Cr8.20Lender: Not worked out for a bank, an NBFC or an insurer: it borrows to lend, so capital employed is not its measure.2.55%−13.0%
  • Bharat Heavy Electricals logoBharat Heavy ElectricalsBHEL · Electrical Equipment₹405.30+1.35%₹1,41,128 Cr49.0010.7%0.35%+70.8%
  • ICICI Prudential Asset Management Company logoICICI Prudential Asset Management CompanyICICIAMC · Capital Markets₹2,788.70−0.39%₹1,37,834 Cr39.0085.0%2.05%–
  • Lenskart Solutions logoLenskart SolutionsLENSKART · Retailing₹689.70+3.06%₹1,19,960 Cr183.009.8%None–
  • Billionbrains Garage Ventures logoBillionbrains Garage VenturesGROWW · Capital Markets₹190.30+2.00%₹1,19,387 Cr44.3030.2%None–
  • Laurus Labs logoLaurus LabsLAURUSLABS · Pharmaceuticals & Biotechnology₹2,181.90+1.86%₹1,17,891 Cr107.8019.8%0.09%+127.4%
  • LG Electronics India logoLG Electronics IndiaLGEINDIA · Consumer Durables₹1,690.60+0.76%₹1,14,753 Cr62.9028.4%None+2.2%
  • The Indian Hotels Company logoThe Indian Hotels CompanyINDHOTEL · Leisure Services₹805.20−0.94%₹1,14,615 Cr51.9017.5%0.40%+8.6%
  • Indian Bank logoIndian BankINDIANB · Banks₹839.80−0.02%₹1,13,118 Cr8.60Lender: Not worked out for a bank, an NBFC or an insurer: it borrows to lend, so capital employed is not its measure.2.17%−1.5%
  • Hero MotoCorp logoHero MotoCorpHEROMOTOCO · Automobiles₹5,322.50+1.99%₹1,06,525 Cr17.8027.3%3.48%−5.1%
  • Meesho logoMeeshoMEESHO · Retailing₹227.84+1.91%₹1,05,456 Cr–−31.3%None–
  • One 97 Communications logoOne 97 CommunicationsPAYTM · Financial Technology (Fintech)₹1,631.50+1.87%₹1,04,678 Cr122.401.3%None+24.6%
  • GE Vernova T&D India logoGE Vernova T&D IndiaGVT&D · Electrical Equipment₹4,060.00+2.01%₹1,03,955 Cr79.7063.5%0.25%+36.8%
  • Mankind Pharma logoMankind PharmaMANKIND · Pharmaceuticals & Biotechnology₹2,490.00−0.50%₹1,02,848 Cr45.7013.6%None+3.5%
  • Lodha Developers logoLodha DevelopersLODHA · Realty₹1,007.10−0.33%₹1,00,648 Cr24.4016.5%0.42%−13.8%

Funds that follow the Nifty MidSmallcap400 50:50

1 index fund or ETF tracks the Nifty MidSmallcap400 50:50.

NAV of 27 Oct 2026

About the Nifty MidSmallcap400 50:50

The Nifty MidSmallcap400 50:50 is a capped version of the Nifty MidSmallcap 400 that gives its mid cap and small cap segments equal weight. It held 401 companies on 30 Sep 2026. It is maintained by NSE Indices Limited.

How companies are chosen

Every company in the Nifty MidSmallcap 400 is in this index at all times, so it has no selection rules of its own. The mid cap segment is the companies in the Nifty Midcap 150, and the small cap segment is the companies in the Nifty Smallcap 250.

How it is weighted

The mid cap segment and the small cap segment each carry a total weight of 50% on quarterly rebalance dates. Within a segment, each company is weighted by free-float market capitalization, which counts only the shares available for public trading.

A company with differential voting rights (DVR) shares is placed in the segment of its parent company. The weight of the DVR and its parent is worked out together from their combined free-float market capitalization, then split between them in proportion to each one's free-float market capitalization.

When it is reviewed

Weights are rebalanced on a quarterly basis from the last trading day of Mar, Jun, Sep and Dec. The index follows the composition of the Nifty MidSmallcap 400 at every point, which is reconstituted twice a year, effective from Mar and Sep. Between reviews, a company is removed if it leaves the Nifty MidSmallcap 400 or undergoes suspension, delisting or a scheme of arrangement. Each quarter the index is also screened against the portfolio concentration norms SEBI announced on 10 Jan 2019 for ETFs and index funds.

Base date and value

The index has a base date of 1 Apr 2005 and a base value of 1000. It was launched on 4 Feb 2026. It is calculated in real time. A Total Returns variant, which includes dividends, also exists.

Published by
NSE
Kind
Broad market
Companies
400
List last changed
27 Oct 2026
Above 200-day average
136 of 390