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

P/E Ratio

32.80x

● N/A

P/B Ratio

4.54x

Div. Yield

0.48%

1Y Return (TRI)

+21.38%

3Y CAGR (TRI)

+19.86%

5Y CAGR (TRI)

+18.45%

Constituents

Stocks listed

🌡 Valuation Meter: Nifty Midcap Select

N/A (32.80x P/E)

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

🔍

Showing 25 of 25 stocks

#	Symbol	Company Name	Industry / Sector	Series	ISIN Code	Institutional Holdings
1	AUBANK	AU Small Finance Bank Ltd.	Financial Services	EQ	INE949L01017	View Fund Holdings ➔
2	ASHOKLEY	Ashok Leyland Ltd.	Capital Goods	EQ	INE208A01029	View Fund Holdings ➔
3	AUROPHARMA	Aurobindo Pharma Ltd.	Healthcare	EQ	INE406A01037	View Fund Holdings ➔
4	BSE	BSE Ltd.	Financial Services	EQ	INE118H01025	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	DIXON	Dixon Technologies (India) Ltd.	Consumer Durables	EQ	INE935N01020	View Fund Holdings ➔
8	FORTIS	Fortis Healthcare Ltd.	Healthcare	EQ	INE061F01013	View Fund Holdings ➔
9	HEROMOTOCO	Hero MotoCorp Ltd.	Automobile and Auto Components	EQ	INE158A01026	View Fund Holdings ➔
10	HINDPETRO	Hindustan Petroleum Corporation Ltd.	Oil Gas & Consumable Fuels	EQ	INE094A01015	View Fund Holdings ➔
11	INDIANB	Indian Bank	Financial Services	EQ	INE562A01011	View Fund Holdings ➔
12	INDUSTOWER	Indus Towers Ltd.	Telecommunication	EQ	INE121J01017	View Fund Holdings ➔
13	INDUSINDBK	IndusInd Bank Ltd.	Financial Services	EQ	INE095A01012	View Fund Holdings ➔
14	NAUKRI	Info Edge (India) Ltd.	Consumer Services	EQ	INE663F01032	View Fund Holdings ➔
15	LICI	Life Insurance Corporation of India	Financial Services	EQ	INE0J1Y01017	View Fund Holdings ➔
16	LUPIN	Lupin Ltd.	Healthcare	EQ	INE326A01037	View Fund Holdings ➔
17	MARICO	Marico Ltd.	Fast Moving Consumer Goods	EQ	INE196A01026	View Fund Holdings ➔
18	PAYTM	One 97 Communications Ltd.	Financial Services	EQ	INE982J01020	View Fund Holdings ➔
19	POLICYBZR	PB Fintech Ltd.	Financial Services	EQ	INE417T01026	View Fund Holdings ➔
20	PERSISTENT	Persistent Systems Ltd.	Information Technology	EQ	INE262H01021	View Fund Holdings ➔
21	POLYCAB	Polycab India Ltd.	Capital Goods	EQ	INE455K01017	View Fund Holdings ➔
22	SRF	SRF Ltd.	Chemicals	EQ	INE647A01010	View Fund Holdings ➔
23	SUZLON	Suzlon Energy Ltd.	Capital Goods	EQ	INE040H01021	View Fund Holdings ➔
24	SWIGGY	Swiggy Ltd.	Consumer Services	EQ	INE00H001014	View Fund Holdings ➔
25	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 Select and any of the other 63 benchmarks (e.g. Nifty 50, Nifty 500, or BSE SENSEX).

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📘 Index Construction & Methodology

DISCLOSURE STANDARD

⚖️ Weighting & Rebalancing Mechanism

Nifty Midcap Select 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 Select

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

As of 2026-09-22, the Nifty Midcap Select consists of exactly 25 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 Select?

The current trailing Price-to-Earnings (P/E) ratio of Nifty Midcap Select is 32.80x (P/B: 4.54x, Dividend Yield: 0.48%). Historically, this places the index in the N/A valuation band.

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

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 Select?

The Price Return (PR) version of Nifty Midcap Select 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.