NIFTY SMALLCAP 100 (NIFTY SMALLCAP 100) live share price today at NSE

Nifty Smallcap represents the top 100 companies in the market segment which are listed on the National Stock Exchange. The selection of the top 100 stocks for the Nifty Smallcap has included the Nifty Smallcap 50 stocks, and the remaining 50 stocks are selected from the Nifty Smallcap 250. It serves a crucial role for all fund managers, investors, and analysts to analyse the performance of the top small-cap companies in India. The National Stock Exchange launched the Nifty Smallcap 100 on 8th January 2007. The base date of the Nifty Smallcap is 1st April 2005, with a base value of 1,000. It attracts investors seeking long-term growth and stability.

The Nifty Smallcap 100 Index is used to track the performance of the companies involved in the Nifty Smallcap. The market is highly volatile, as stocks tend to underperform during bearish phases and outperform during bullish phases. The Nifty Smallcap 100 comprises the top 100 companies that have performed well in their respective sectors.

The Nifty Smallcap has diversified its segment into various sectors, including Information Technology, Financial Services, the Chemical industry, and many more, and it has represented its top sectors, which are backed by innovations, profits, growth, and other positive aspects used to spread a wide stability in these dynamic conditions.

These are the top constituents by their weightage. The companies belong to different sectors and contribute a significant percentage to the weightage of the Nifty Smallcap 100 Index.  

Name of Company

Weight (%)

Multi-Commodity Exchange of India Ltd.

3.79

Laurus Labs Ltd.

3.37

Central Depository Services (India) Ltd.

2.55

Delhivery Ltd.

2.43

Radico Khaitan Ltd.

2.24

Crompton Greaves Consumer Electricals Ltd.

2.13

Karur Vysya Bank Ltd.

2.03

Computer Age Management Services Ltd

1.79

Kaynes Technology India Ltd.

1.67

Navin Fluorine International Ltd.

1.65

• The stocks must be part of the Nifty Smallcap 100.
•  It must be listed on the National Stock Exchange.
• The remaining 50 stocks after selecting the first 50 stocks from the Nifty Smallcap 50 must be taken from the Nifty Smallcap 150.
• The stock must have been frequently traded over the last six months.
• It must have a listing history of one year.
• Exclusion of the stocks if their rank falls below from the Nifty Smallcap 250.
• In the event of listing a new security on the Nifty Smallcap 100, the eligibility period must be changed from six months to three months.
• The stock must be finally selected based on the free-float market capitalisation.
•  

The Nifty Smallcap 100 stocks are listed and traded, and those not listed, but permitted to trade, are eligible to follow the above criteria. 

The Nifty Smallcap 100 index is rebalanced semiannually in March and September each year. Review of the data for Nifty Smallcap 50 takes place at the end of every six months, i.e,  January and July. 

It is used as an analytical tool for reviewing the performance of the top 100 companies of the Nifty Smallcap Index. Growing and developing companies offer a high level of stability in their specific sector. The high volatility in the Nifty Smallcap Index is reflected in its price. It serves as a benchmark for small-cap mutual funds and ETFs, as well as for evaluating portfolio performance. It helps investors assess the reliability of their investments and contains data on the Nifty Smallcap 100 Index.   

The value of the Nifty Smallcap 100 Index is calculated based on free-float market capitalisation. This method is used to calculate the index value, considering the base index price and the free capitalisation rate. The free-float market capitalisation refers to the shares which are freely traded on the stock market. It does not include the shares held by the investors, the Government, the Promoters and the investor analysts. It is used to analyse the trend in the market and the value of the stocks listed on the Nifty Smallcap 100.

Nifty Smallcap 100 Formula = Free-Float Market Capitalisation/ ( Base Market Capitalisation* Base Index Value)

• The yearly Price Return of the Nifty Smallcap 100 Index is -10.77% and over 5 years is 25.25%.
• The total Standard Deviation, Beta, and correlation of the Nifty Smallcap Index are 23.28%, 0.85%, and 0.78%, respectively.
• The P/B ratio in the fundamentals is 3.78%, the P/E ratio is 30.79% and the Dividend Yield is 0.81%.
• The top sector weightage of the Nifty Smallcap 100 is Financial Services, Capital Goods and Healthcare.
• The weightage of the top three sectors is 24.90%, 10.63%, and 10.25%, respectively.  

• The scope of diversification is very high, as it encompasses a large number of top-ranked sectors, providing investors with ease of investment. 
• The growth potential for the investors is very high. They can explore their specific sector for investing and assess the best Nifty Smallcap 100 to invest in these sectors.
• It serves as a benchmark for small-cap funds, Mutual Funds, and ETFs. 
• Investors who are willing to invest in the long-term growth and stability of the Nifty Smallcap 100 can choose this option. 

• As there are 100 companies listed as the Nifty Smallcap 100, the risk of liquidity is also high in this case.
• The market is unpredictable because it encompasses a wide range of diversified sectors to invest in. The downturn in the market can also be viewed as a risk, given the high volatility in this sector.  
• Many companies view risks as an opportunity, thereby enhancing their long-term growth and expansion at an early stage.
• Investors willing to take risks and diversify their portfolios can invest in the Nifty Smallcap 100. They are aware of the short-term fluctuations in the market, making it a more suitable option for them. 

The Nifty Smallcap Index analyses the performance of small-cap companies listed on the National Stock Exchange. The selection of the top 100 stocks for the Nifty Smallcap has included the Nifty Smallcap 50 stocks, and the remaining 50 stocks are selected from the Nifty Smallcap 250. It serves a crucial role for all fund managers, investors, and analysts to analyse the performance of the top small-cap companies in India. The value of the Nifty Smallcap 100 Index is calculated based on free-float market capitalisation. This method is used to calculate the index value, considering the base index price and the free capitalisation rate. It is beneficial for investors who are risk-takers and are willing to pursue high growth potential in the near future.