BSE INDEX SML250 (SML250) live share price today at BSE
22 October, 2025 13:00 | BSE : -309

BSE 250 SmallCap Index
The BSE 250 SmallCap represents the 250 small-cap companies in accordance with the total market capitalisation within BSE 500 that are not part of the BSE 100 or BSE 150 MidCap. The series of indices has been launched by the BSE, which helps in estimating the scope of investments in the share market. These indices help investors plan their investments and should be invested in accordingly. The value of the BSE 250 SmallCap Index depends on the share prices of the companies in the Index, which constantly change and must be verified before making any investment.
Involvement of the companies which have fewer risks, and have a chance of better returns than the SmallCap companies in the BSE Index. The BSE 250 SmallCap Index has been calculated based on free-float market capitalisation and will be updated in real-time. The BSE 250 SmallCap Index has been diversified across various sectors, including Finance, Capital Goods, Healthcare, chemicals and petrochemicals, Information Technology, and many more.
Key Aspects of the BSE 250 SmallCap Index
- The full-float market capitalisation of the BSE 250 SmallCap Index is ₹4,518,203 crore, and the free-float market capitalisation of the Index is ₹1,945,030 crore.
- The P/E Ratio of the fundamentals is 35.29, the P/B Ratio of the fundamentals is 4.18, and the Dividend yield is 0.67.
- The calculation of the BSE 250 SmallCap Index is based on the free-float market capitalisation.
- The BSE 250 SmallCap Index has been diversified across various sectors, including Finance, Capital Goods, Healthcare, chemicals and petrochemicals, Information Technology, and many more.
- The weightage of the top three sectors of the BSE 250 SmallCap Index is 19.77%, 13.76%, and 12.84%.
Eligibility Criteria of the BSE 250 SmallCap Index
- The stocks shall be listed on the Bombay Stock Exchange, and the company must be incorporated in India.
- The constituents must form a part of the BSE AllCap Index.
- The companies must belong to the Healthcare Sector through the classification criteria of the BSE Sector.
- Inclusion of all the eligible shares of the company.
- The impact cost of the BSE 250 SmallCap sector has not exceeded 0.5% in the past six months.
- The continuous trading frequency of the stock must be at least 80%, and the stock must have been listed on the platform for more than six months.
- The company's turnover ratio is at least 5%.
- Companies with newly listed IPOs must have a history of listing of at least one month to be eligible for inclusion.
- Companies that follow a scheme of arrangement, spin-offs, or capital restructuring must maintain a listing history of at least one month.
- Exclusion of companies that have to rebalance their dates due to mergers, delisting, takeovers, suspensions, surveillance, and bankruptcies.
- Exclusion of an Index stock, with the average daily total market capitalisation falling below INR 0.5 billion by trading day in January.
Formulation and Calculation of the BSE 250 SmallCap Index
Primarily, the calculation of the BSE 250 SmallCap Index is based on weighted market capitalisation, considering only liquid stocks available in the market. The free-float market capitalisation is calculated only for stocks that form part of the BSE 250 SmallCap Index, and companies must be part of the BSE 500 but not the BSE 150 MidCap or BSE 100. The most recent value of the BSE 250 SmallCap Index has been taken into consideration when making any investment in the Index. Investors can incur significant losses, so to prevent these, they must analyse the most recent values before investing their money.
The review criteria for the BSE 250 SmallCap Index are conducted every month. The Index evaluates the country's economic conditions across various sectors, while also contributing to its development and supporting emerging sectors.
The market capitalisation shall be determined by multiplying the number of outstanding shares by the share price and then multiplying the market capitalisation by the proportion of available free float to the number of outstanding shares.
The formula for the BSE 250 SmallCap Index = Total Free-Float Market Capitalisation* Base Index Value/ Base Market Capitalisation.
Advantages of the BSE 250 SmallCap Index
- The BSE 250 SmallCap index provides investors with an opportunity for diversification. The Index included different sectors, allowing investors to explore a wide range of industries.
- Small-cap companies offer high growth potential to investors. If an investor is willing to invest for long-term growth and stability, then small-cap companies are best suited for them.
- The companies in the BSE 250 Smallcap Index are typically mid-cap or large-cap, allowing investors the benefit of early growth.
Disadvantages of the BSE 250 SmallCap Index
- Companies involved in the small segment may have weaker governance practices, which increases the risk of mismanagement or fraud.
- Economic risks, such as fluctuations in interest rates, policy changes, or other economic shifts, also influence the BSE 250 SmallCap Index.
- Due to the lower trading volume in small-cap companies, there is a liquidity risk that can influence investors' decisions.
- The BSE 250 SmallCap Index also faces business risks because many companies expand rapidly in their early stages, which can impact their performance.
How to Invest in the BSE 250 SmallCap Index
Investors can check availability on AMC websites, NSE/BSE sites, or apps, which provide a reliable broking facility, enabling them to select the most profitable and highly growing stocks for their long-term investments. A demat account is necessary for investors who want to buy ETFs or constituent stocks, but it is not required for those who wish to invest through mutual funds and SIPs. If the availability of a direct BSE 250 SmallCap Index fund is not available, investors can consider mutual funds or ETFs. They also provide direct exposure to investors in the BSE 250 SmallCap Index.
Investors can replicate the index by purchasing the major stocks that are included in the BSE 250 SmallCap Index. The ability to exert direct control and the advantages of capital and portfolio management are also necessary.
Conclusion
The BSE 250 SmallCap represents the 250 small-cap companies in accordance with the total market capitalisation within BSE 500 that are not part of the BSE 100 or BSE 150 MidCap. The series of indices has been launched by the BSE, which helps in estimating the scope of investments in the share market. The value of the BSE 250 SmallCap Index depends on the share prices of the companies in the Index, which constantly change and must be verified before making any investment. The full-float market capitalisation of the BSE 250 SmallCap Index is ₹4,518,203 crore, and the free-float market capitalisation of the Index is ₹1,945,030 crore. The review criteria for the BSE 250 SmallCap Index are conducted every month. The Index evaluates the country's economic conditions across various sectors, while also contributing to its development and supporting emerging sectors. Investors can replicate the index by purchasing the major stocks that are included in the BSE 250 SmallCap Index. The ability to exert direct control and the advantages of capital and portfolio management are also necessary.
FAQs
What are the BSE 250 SmallCap Index?
The BSE 250 SmallCap represents the 250 small-cap companies in accordance with the total market capitalisation within BSE 500 that are not part of the BSE 100 or BSE 150 MidCap. The series of indices has been launched by the BSE, which helps in estimating the scope of investments in the share market.
What are the eligibility criteria of the BSE 250 SmallCap Index?
The stocks shall be listed on the Bombay Stock Exchange, and the company must be incorporated in India. The continuous trading frequency of the stock must be at least 80%, and the stock must have been listed on the platform for more than six months. Exclusion of an Index stock, with the average daily total market capitalisation falling below INR 0.5 billion by trading day in January.
What are the risks involved in the BSE 250 SmallCap Index?
Companies involved in the small segment may have weaker governance practices, which increases the risk of mismanagement or fraud. The BSE 250 SmallCap Index also faces business risks because many companies expand rapidly in their early stages, which can impact their performance.
How to calculate the BSE 250 SmallCap Index?
The free-float market capitalisation is calculated only for stocks that form part of the BSE 250 SmallCap Index, and companies must be part of the BSE 500 but not the BSE 150 MidCap or BSE 100. The market capitalisation shall be determined by multiplying the number of outstanding shares by the share price and then multiplying the market capitalisation by the proportion of available free float to the number of outstanding shares.


