Mumbai (Maharashtra), Dec. 3 -- : NSE's index services subsidiary NSE Indices Ltd has launched a new index called Nifty 500 multicap 50:25:25, which aims to measure the performance of portfolio comprising large-cap, mid-cap and small-cap companies with target weights assigned to each market-cap segment (large-cap, mid-cap and small-cap).
The Nifty 500 multicap 50:25:25 index includes all companies that are part of Nifty 500 index.
While in Nifty 500 index, the total weight of each segment is based on the total free float market capitalisation of all stocks falling within that segment, in Nifty 500 multicap 50:25:25 index, the total weight of each of these three segments is fixed at 50 per cent, 25 per cent and 25 per cent respectively at ...