Nifty Midcap 50 Constituents, Weightage & Stock List (NSE)

P/E Ratio

36.37x

● N/A

P/B Ratio

4.45x

Div. Yield

0.51%

1Y Return (TRI)

+18.36%

3Y CAGR (TRI)

+18.93%

5Y CAGR (TRI)

+20.72%

Constituents

Stocks listed

🌡 Valuation Meter: Nifty Midcap 50

N/A (36.37x P/E)

< 18x (Undervalued)18x – 24x (Fair Value)> 24x (Expensive)

🔍

Showing 50 of 50 stocks

#	Symbol	Company Name	Industry / Sector	Series	ISIN Code	Institutional Holdings
1	APLAPOLLO	APL Apollo Tubes Ltd.	Capital Goods	EQ	INE702C01027	View Fund Holdings ➔
2	AUBANK	AU Small Finance Bank Ltd.	Financial Services	EQ	INE949L01017	View Fund Holdings ➔
3	ASHOKLEY	Ashok Leyland Ltd.	Capital Goods	EQ	INE208A01029	View Fund Holdings ➔
4	AUROPHARMA	Aurobindo Pharma Ltd.	Healthcare	EQ	INE406A01037	View Fund Holdings ➔
5	BHARATFORG	Bharat Forge Ltd.	Automobile and Auto Components	EQ	INE465A01025	View Fund Holdings ➔
6	BHEL	Bharat Heavy Electricals Ltd.	Capital Goods	EQ	INE257A01026	View Fund Holdings ➔
7	DABUR	Dabur India Ltd.	Fast Moving Consumer Goods	EQ	INE016A01026	View Fund Holdings ➔
8	DIXON	Dixon Technologies (India) Ltd.	Consumer Durables	EQ	INE935N01020	View Fund Holdings ➔
9	NYKAA	FSN E-Commerce Ventures Ltd.	Consumer Services	EQ	INE388Y01029	View Fund Holdings ➔
10	FEDERALBNK	Federal Bank Ltd.	Financial Services	EQ	INE171A01029	View Fund Holdings ➔
11	FORTIS	Fortis Healthcare Ltd.	Healthcare	EQ	INE061F01013	View Fund Holdings ➔
12	GVT&D	GE Vernova T&D India Ltd.	Capital Goods	EQ	INE200A01026	View Fund Holdings ➔
13	GMRAIRPORT	GMR Airports Ltd.	Services	EQ	INE776C01039	View Fund Holdings ➔
14	GLENMARK	Glenmark Pharmaceuticals Ltd.	Healthcare	EQ	INE935A01035	View Fund Holdings ➔
15	GODREJPROP	Godrej Properties Ltd.	Realty	EQ	INE484J01027	View Fund Holdings ➔
16	HAVELLS	Havells India Ltd.	Consumer Durables	EQ	INE176B01034	View Fund Holdings ➔
17	HEROMOTOCO	Hero MotoCorp Ltd.	Automobile and Auto Components	EQ	INE158A01026	View Fund Holdings ➔
18	HINDPETRO	Hindustan Petroleum Corporation Ltd.	Oil Gas & Consumable Fuels	EQ	INE094A01015	View Fund Holdings ➔
19	ICICIGI	ICICI Lombard General Insurance Company Ltd.	Financial Services	EQ	INE765G01017	View Fund Holdings ➔
20	IDFCFIRSTB	IDFC First Bank Ltd.	Financial Services	EQ	INE092T01019	View Fund Holdings ➔
21	INDHOTEL	Indian Hotels Co. Ltd.	Consumer Services	EQ	INE053A01029	View Fund Holdings ➔
22	INDUSTOWER	Indus Towers Ltd.	Telecommunication	EQ	INE121J01017	View Fund Holdings ➔
23	INDUSINDBK	IndusInd Bank Ltd.	Financial Services	EQ	INE095A01012	View Fund Holdings ➔
24	NAUKRI	Info Edge (India) Ltd.	Consumer Services	EQ	INE663F01032	View Fund Holdings ➔
25	JSWENERGY	JSW Energy Ltd.	Power	EQ	INE121E01018	View Fund Holdings ➔
26	LAURUSLABS	Laurus Labs Ltd.	Healthcare	EQ	INE947Q01028	View Fund Holdings ➔
27	LUPIN	Lupin Ltd.	Healthcare	EQ	INE326A01037	View Fund Holdings ➔
28	MANKIND	Mankind Pharma Ltd.	Healthcare	EQ	INE634S01028	View Fund Holdings ➔
29	MARICO	Marico Ltd.	Fast Moving Consumer Goods	EQ	INE196A01026	View Fund Holdings ➔
30	MFSL	Max Financial Services Ltd.	Financial Services	EQ	INE180A01020	View Fund Holdings ➔
31	MCX	Multi Commodity Exchange of India Ltd.	Financial Services	EQ	INE745G01043	View Fund Holdings ➔
32	NHPC	NHPC Ltd.	Power	EQ	INE848E01016	View Fund Holdings ➔
33	NMDC	NMDC Ltd.	Metals & Mining	EQ	INE584A01023	View Fund Holdings ➔
34	NATIONALUM	National Aluminium Co. Ltd.	Metals & Mining	EQ	INE139A01034	View Fund Holdings ➔
35	OIL	Oil India Ltd.	Oil Gas & Consumable Fuels	EQ	INE274J01014	View Fund Holdings ➔
36	PAYTM	One 97 Communications Ltd.	Financial Services	EQ	INE982J01020	View Fund Holdings ➔
37	POLICYBZR	PB Fintech Ltd.	Financial Services	EQ	INE417T01026	View Fund Holdings ➔
38	PERSISTENT	Persistent Systems Ltd.	Information Technology	EQ	INE262H01021	View Fund Holdings ➔
39	PHOENIXLTD	Phoenix Mills Ltd.	Realty	EQ	INE211B01039	View Fund Holdings ➔
40	PRESTIGE	Prestige Estates Projects Ltd.	Realty	EQ	INE811K01011	View Fund Holdings ➔
41	RECLTD	REC Ltd.	Financial Services	EQ	INE020B01018	View Fund Holdings ➔
42	SRF	SRF Ltd.	Chemicals	EQ	INE647A01010	View Fund Holdings ➔
43	SUZLON	Suzlon Energy Ltd.	Capital Goods	EQ	INE040H01021	View Fund Holdings ➔
44	SWIGGY	Swiggy Ltd.	Consumer Services	EQ	INE00H001014	View Fund Holdings ➔
45	TIINDIA	Tube Investments of India Ltd.	Automobile and Auto Components	EQ	INE974X01010	View Fund Holdings ➔
46	UPL	UPL Ltd.	Chemicals	EQ	INE628A01036	View Fund Holdings ➔
47	UNITDSPR	United Spirits Ltd.	Fast Moving Consumer Goods	EQ	INE854D01024	View Fund Holdings ➔
48	VMM	Vishal Mega Mart Ltd.	Consumer Services	EQ	INE01EA01019	View Fund Holdings ➔
49	WAAREEENER	Waaree Energies Ltd.	Capital Goods	EQ	INE377N01017	View Fund Holdings ➔
50	YESBANK	Yes Bank Ltd.	Financial Services	EQ	INE528G01035	View Fund Holdings ➔

PRO FEATURE⚡ Multi-Index Overlap Analyser

Compare portfolio overlap, common stock weightings, and sector concentration between Nifty Midcap 50 and any of the other 63 benchmarks (e.g. Nifty 50, Nifty 500, or BSE SENSEX).

Unlock Overlap Analyser ➔

📘 Index Construction & Methodology

DISCLOSURE STANDARD

⚖️ Weighting & Rebalancing Mechanism

Nifty Midcap 50 is reconstituted semi-annually in March and September using average data over a six-month observation window. Stock weightings are calculated based on free-float market capitalization with regulatory single-stock concentration caps where applicable.

🔄 Total Return Index (TRI) Mandate

SEBI guidelines require all Indian active and passive mutual fund schemes to measure alpha against Total Return Indices (TRI). Unlike Price Return indices, TRI accounts for gross dividend reinvestment, providing an authentic benchmark for performance attribution.

🔍 Institutional Reverse Ownership

Every stock in this constituent list is integrated with the Abundance Reverse Stock Holdings Engine. Click "View Fund Holdings ➔" to inspect which mutual funds, PMS managers, and schemes have built active positions in that equity.

Frequently Asked Questions: Nifty Midcap 50

How many constituent stocks are in the Nifty Midcap 50 index?

As of 2026-11-01, the Nifty Midcap 50 consists of exactly 50 listed equity constituents on the NSE. The portfolio is reconstituted semi-annually based on predefined methodology rules.

What is the current P/E ratio and valuation zone of Nifty Midcap 50?

The current trailing Price-to-Earnings (P/E) ratio of Nifty Midcap 50 is 36.37x (P/B: 4.45x, Dividend Yield: 0.51%). Historically, this places the index in the N/A valuation band.

Which mutual funds and PMS strategies hold stocks of Nifty Midcap 50?

You can view institutional mutual fund ownership and portfolio weights for every constituent by clicking the "View Fund Holdings ➔" link next to any stock symbol in the table below. This deep-links directly into our Reverse Stock Holdings Engine (/stocks-in-funds).

What is the difference between Total Return Index (TRI) and Price Return for Nifty Midcap 50?

The Price Return (PR) version of Nifty Midcap 50 measures only stock price changes. Under SEBI regulations, mutual funds benchmark against the Total Return Index (TRI) variant, which reinvests all gross dividend payouts back into the portfolio. Over a 5-to-10 year horizon, dividend reinvestment typically generates an additional 1.2% to 1.8% in annualised returns.

Source Attribution & Regulatory Disclosures: Constituent data sourced from official index publications (NSE Indices Limited and BSE Limited). Trailing returns and valuation multiples calculated on Total Return Index (TRI) and Price Return bases. Published by Abundance Financial Services (ARN-251838, AMFI Registered Mutual Fund Distributor) · Atin Kumar Agrawal (APRN04279, APMI Registered PMS Distributor). Market index returns are presented for factual benchmarking and investor education.