NIFTY MIDCAP 150 (NIFTY MIDCAP 150) live share price today at NSE
24 October, 2025 05:47 | NSE : NIFTY MIDCAP 150

What is the Nifty MidCap150 Index?
The Nifty MidCap 150 refers to the combination of companies which form a part of the 150 companies selected from the Nifty 100. The criteria for the Nifty MidCap150 for selection are based on the full-float market capitalisation from the top companies, which are selected on the same basis as the average free-float market capitalisation from the Nifty MidCap 150 index. When it comes to the final selection of the Nifty MidCap 50, companies that are continuing trading on the NSE's Futures & Options segment are mostly preferred.
The calculation of the Nifty MidCap 150 is based on the free-float market capitalisation, and inclusion of only freely traded shares on the platform, excluding the shares which banks hold, the government, the promoters, and any others; hence, it does not provide an accurate picture of the stocks in the calculation of the Nifty MidCap 50 index. The use of Nifty MidCap 50 is involved in different purposes such as benchmarking fund portfolios, developing the funds of index, ETFs, and other products.
The Nifty MidCap 150 was launched on 1st January 2004, with an initial value of 1000. The criteria for calculation are based on a real-time basis, and it is diversified into various sectors such as financial services, Capital Goods, Healthcare, Information Technology, Realty, Consumer Durables, and many more.
Key Aspects of the Nifty MidCap 150
- The yearly Price Return of the Nifty MidCap150 Sector is 16.01%, and over 5 years, it is 17.37%.
- The total Standard Deviation, Beta, and correlation of the Nifty MidCap 50 Sector are 20.09%, 0.84%, and 0.84%, respectively.
- The P/B ratio in the fundamentals is 4.46%, the P/E ratio is 32.1%, and the Dividend Yield is 0.86%.
- The top three diversified sector weightages of the Nifty MidCap150 Sector Index are Financial Services, Capital Goods, and Healthcare.
- The weightage of the top three sectors in the Nifty MidCap 150 is 23.36%, 14.10%, and 10.69%, respectively.
Eligibility Criteria of the Nifty MidCap150
- The Nifty MidCap 150 Index shall comprise companies that are part of the Nifty 500.
- The securities ranked in the top 225 shall be included in the Nifty MidCap 150 Index.
- Exclusion of securities, which is ranked below the 275, or if any stocks are excluded from the Nifty 500.
- If any security is newly listed, then the eligibility criteria for it are three months instead of six months.
- The criteria for rebalancing of the Nifty MidCap 150 Index are semi-annual, and the cut-off dates of Nifty MidCap 150 are 31st January and 31st July of each year.
Calculation and Formulation of the Nifty MidCap 150
The calculation of the Nifty MidCap150 Index is based on adjusted free-float market capitalisation. It helps investors to invest in the Nifty MidCap 150 Index most reliably. The Nifty MidCap150 Index provides a list of the top 30 companies, which are calculated based on free-float market capitalisation, so that investors have data and different sectors in which they can invest in the Nifty MidCap150 Index.
The Nifty MidCap150 Index is calculated by multiplying the stock price by the free-float shares and then summing up the values of the results calculated by multiplying the above value. The value is then divided by the base Index Value, which enables the splitting of the dividends.
The Free-float market capitalisation refers to the freely traded shares on the platform of the National Stock Exchange. There will be an exclusion of shares held by the government, promoters, investors, and analysts. The Calculation of the Nifty MidCap150 Index will help investors to analyse the Top Small and medium companies on the NSE.
Nifty MidCap 150 Index Formula: Total Free-Float Market Capitalisation * Base Index
Value / Base Market Capitalisation
Calculation for the free-float market capitalisation is done as Market Capitalisation* Free Float Factor.
Advantages of the Nifty MidCap 150 Index
- The Nifty MidCap 150 Index is ranked based on market capitalisation from 101 to 250.
- The Nifty MidCap 150 Index provides a detailed and deep view of the midcap segment and other Nifty 150 indices.
- The Nifty MidCap 150 Index allows investors to achieve long-term growth and stability, which helps in the high returns and profitability of the stocks.
- It serves as a benchmark tool for mid-cap mutual funds and ETFs, helping investors and fund managers measure performance against a standard.
Disadvantages of the Nifty MidCap 150 Index
- The stocks in the Nifty MidCap 150 Index are highly volatile and are affected by economic downturns and changes in financial conditions.
- The liquid stocks have lower trading volumes and lead to an impact on the costs on a higher basis, which provides for entering/exiting positions during volatility.
- The higher diversification may cause overweight of some sectors such as financials, industrials, and consumer goods.
- Analysing and tracking the performance of 150 companies is quite impossible because it broadens the index, leading to confusion among investors.
How to invest in the Nifty MidCap 150 Index
There are various methods by which investing in the Nifty MidCap 150 Stocks can be done. The investor may choose a broker who helps them in selecting the high-potential stocks in the MidCap Sector. SAs the MidCap Industry is constantly innovating and growing at a high level, which allows investors to grow and increase profitability for the long-term in the future. The MidCap Stocks provide a diversified portfolio to investors, which helps them choose the most reliable stocks for the long term.
Investors seeking a passive approach should consider investing in the Nifty Midcap 150 Index. The proportion of each sector in the Nifty MidCap is equal, providing balance to the MidCap Sector.
Conclusion
The Nifty MidCap 150 represents the midcap segment of the market and acts as a benchmark for tracking the performance of the midcap sector. The criteria for the Nifty MidCap 50 for selection are based on the full-float market capitalisation from the top 100 companies, which are selected on the same basis as the average free-float market capitalisation from the Nifty MidCap 150 index. The use of Nifty MidCap 50 is involved in different purposes such as benchmarking fund portfolios, developing the funds of index, ETFs, and other products.
The criteria for rebalancing of the Nifty MidCap 150 Index are semi-annual, and the cut-off dates of Nifty MidCap 150 are 31st January and 31st July of each year. The Free-float market capitalisation refers to the freely traded shares on the platform of the National Stock Exchange. There will be an exclusion of shares held by the government, promoters, investors, and analysts. The Calculation of the Nifty MidCap150 Index will help investors to analyse the Top Small and medium companies on the NSE.
FAQs
What is the Nifty MidCap 150 Index?
The Nifty MidCap 150 represents the midcap segment of the market and acts as a benchmark for tracking the performance of the midcap sector. The criteria for the Nifty MidCap 50 for selection are based on the full-float market capitalisation from the top 100 companies, which are selected on the same basis as the average free-float market capitalisation from the Nifty MidCap 150 index.
What is the eligibility criteria of the Nifty MidCap 150 Index?
The Nifty MidCap 150 Index shall comprise companies that are part of the Nifty 500. The criteria for rebalancing of the Nifty MidCap 150 Index are semi-annual, and the cut-off dates of Nifty MidCap 150 are 31st January and 31st July of each year. Inclusion of the securities, which have 1.50 times of the full market capitalisation, in the Nifty MidCap 150.
What are the benefits of the Nifty MidCap 150 Index?
It serves as a benchmark tool for mid-cap mutual funds and ETFs, helping investors and fund managers measure performance against a standard. The Nifty MidCap 150 Index allows investors to achieve long-term growth and stability, which helps in the high returns and profitability of the stocks.
How to calculate the Nifty MidCap 150 Index?
The Nifty MidCap150 Index provides a list of the top 30 companies, which are calculated based on free-float market capitalisation, so that investors have data and different sectors in which they can invest in the Nifty MidCap150 Index. The Calculation of the Nifty MidCap150 Index will help investors to analyse the Top Small and medium companies on the NSE.
The formula for the Nifty MidCap 150 Index is: Total Free-Float Market Capitalisation * Base Index Value / Base Market Capitalisation.


