HDFC Momentum150 Fund

February 29, 2024
Nifty Midcap150 Momentum 50 Index aims to track the performance of the top 50 companies within the Nifty Midcap 150 selected
based on their Normalized Momentum Score. The Normalized Momentum Score for each company is determined based on its 6-
month and 12-month price return, adjusted for volatility. Stock weights are based on a combination of the stock’s Normalized
Momentum Score and its free-float market capitalization.
The index can be used for a variety of purposes such as benchmarking, creation of index funds, ETFs and structured products.
Index Variant: Nifty Midcap150 Momentum 50 Total Returns Index.
Portfolio Characteristics
Methodology Tilt Weighted Index Since
QTD YTD 1 Year 5 Years
No. of Constituents 50 Returns (%) Inception
Launch Date August 16, 2022 Price Return 7.15 7.15 67.95 31.28 23.27
Base Date April 01, 2005 Total Return 7.33 7.33 69.22 32.24 24.56
Base Value 1000 Since

Calculation Frequency Real-Time Statistics ## 1 Year 5 Years
Inception
Index Rebalancing Semi - Annually Std. Deviation * 13.22 19.50 21.20
Sector Representation Beta (NIFTY 50) 0.83 0.83 0.80
Sector Weight(%) Correlation (NIFTY 50) 0.63 0.81 0.81
Financial Services 29.18

Fundamentals
Healthcare 19.53
P/E P/B Dividend Yield
Capital Goods 18.15
23.55 3.92 0.88
Realty 9.01
Metals & Mining 6.34
Top constituents by weightage
Information Technology 5.30
Chemicals 3.68 Company’s Name Weight(%)
Automobile and Auto Components 3.45
Power 3.30 Lupin Ltd. 5.11
Construction Materials 0.65 REC Ltd. 4.85
Textiles 0.61 Power Finance Corporation Ltd. 4.70
Media, Entertainment & Publication 0.50 Aurobindo Pharma Ltd. 4.45
Consumer Durables 0.30 Bharat Heavy Electricals Ltd. 3.88
Indian Railway Finance Corporation Ltd. 3.54
Jindal Stainless Ltd. 3.41
Persistent Systems Ltd. 3.02
HDFC Asset Management Company Ltd. 2.99
Polycab India Ltd. 2.95
## Based on Price Return Index.

# QTD,YTD and 1 year returns are absolute returns.Returns for greater than one year are CAGR returns.
* Average daily standard deviation annualised.
Disclaimer: All information contained herewith is provided for reference purpose only. NSE Indices Limited (formerly known as India Index Services & Products Limited-IISL) ensures accuracy and reliability of the above
information to the best of its endeavors. However, NSE Indices Limited makes no warranty or representation as to the accuracy, completeness or reliability of any of the information contained herein and disclaim any and all
liability whatsoever to any person for any damage or loss of any nature arising from or as a result of reliance on any of the information provided herein. The information contained in this document is not intended to provide any
professional advice. 1
February 29, 2024
Index Methodology
• Stocks part of / going to form part of the Nifty Midcap 150 at the time of review are eligible for inclusion in the index.
• Stocks should have a minimum listing history of 1 year as on the cut-off date.
• Non - F&O stocks within Nifty Midcap 150 are ineligible for inclusion if the total instances of the stock hitting the upper or lower
circuit (price band)* during the past 6 months as of the cut-off date is more than or equal to 20% of the number of total trading days
over the same period.
• The index consists of 50 companies based on the highest Normalized Momentum Score.
• Weight of the stock in the index is derived by multiplying the free float market cap with the Normalized Momentum Score of that
stock.
• Each stock in the index is capped at the lower of 5% or 5 times the weight of the stock in the index based only on free float market
capitalization.
• Capping is done on a semi-annual basis at the time of rebalancing.
• Weight of the index constituents is capped semi-annually in June and December.
Index Re-Balancing: Index is re-balanced on a semi-annual basis using data ending last trading day of May and November.
Index Governance: A professional team manages all NSE indices. There is a three-tier governance structure comprising the Board of
Directors of NSE Indices Limited, the Index Advisory Committee (Equity) and the Index Maintenance Sub-Committee.
Key Indices
Broad Market Sectoral Indices Thematic Indices Strategy Indices Fixed Income
Nifty 50 Nifty Bank Nifty CPSE Nifty100 Equal Weight Nifty 10 yr Benchmark G-Sec
Nifty Next 50 Nifty IT Nifty Commodities Nifty50 PR 1x Inverse Nifty 8-13 yr G-Sec
Nifty 100 Nifty PSU Bank Nifty Energy Nifty50 PR 2x Leverage Nifty 4-8 yr G-Sec
Nifty 200 Nifty FMCG Nifty Shariah 25 Nifty50 Value 20 Nifty 11-15 yr G-Sec
Nifty 500 Nifty Private Bank Nifty 100 Liquid15 Nifty100 Quality 30 Nifty 15 yr and above G-Sec
Nifty Midcap 50 Nifty Metal Nifty Infrastructure Nifty Low Volatility 50 Nifty Composite G-Sec
Nifty Midcap 100 Nifty Financial Services Nifty Corporate Group Nifty Alpha 50 Nifty 1D Rate
Contact Us:
Email: [email protected] | Tel: +91 22 26598386 | Fax: +91 22 26598120
Learn more at: www.niftyindices.com
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February 29, 2024

Index Variant: Nifty Midcap150 Momentum 50 Total Returns Index.

Base Value 1000 Since

Sector Weight(%) Correlation (NIFTY 50) 0.63 0.81 0.81

Financial Services 29.18

## Based on Price Return Index.

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