Nifty MidSmallcap 400

Diversify Across Mid & Small Caps

As of Mar 30, 2026, the PE ratio is 28.86 and the PB ratio is 3.68

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Index Report

Easy-to-read, rules-based summary. Educational only.

1) Index Snapshot (1-minute read)

Nifty MidSmallcap 400 is at 17,524.35 as of Mar 30, 2026. 1Y CAGR is 7.39%. It is 17.07% below its recent peak. Current valuation: PE 28.86, PB 3.68.

As of

Mar 30, 2026

Current Value

17,524.35

PE / PB

28.86 / 3.68

Dividend Yield

0.81%

1Y CAGR

7.39%

3Y CAGR

5Y CAGR

Volatility (1Y)

17.53%

Drawdown from Peak

17.07%

2) Valuation Zone

Zone is Cheap based on the last 15Y of PE/PB history.

Cheappercentile

PE 28.86 vs 5Y avg 31.16 (-7.39%)

PE 28.86 vs 10Y avg 31.16 (-7.39%)

PE 28.86 vs 15Y avg 31.16 (-7.39%)

PB 3.68 vs 5Y avg 4.22 (-12.80%)

PB 3.68 vs 10Y avg 4.22 (-12.80%)

PB 3.68 vs 15Y avg 4.22 (-12.80%)

3) Earnings Growth Health

Trend:Improving

Composite proxy: 12.51% (weighted 1Y/3Y/5Y/10Y/15Y).

Status map: 1Y Improving.

1YImproving

Price CAGR: 7.39%

PE CAGR: -5.13%

Proxy: 12.51%

3YN/A

Price CAGR: -

PE CAGR: -

Proxy: -

5YN/A

Price CAGR: -

PE CAGR: -

Proxy: -

10YN/A

Price CAGR: -

PE CAGR: -

Proxy: -

15YN/A

Price CAGR: -

PE CAGR: -

Proxy: -

Proxy = price CAGR minus PE CAGR. Overall trend uses weighted proxy across 1Y/3Y/5Y/10Y/15Y, so single-year noise has less impact.

4) Sector Contribution Breakdown

Top sector exposure based on available data.

Sector split is not available yet.

5) Risk Signals

Volatility is moderate (17.53%).
Index is 17.07% below its recent peak.
Valuation is supportive vs history.

Signals are descriptive, not predictions.

6) Action Guidance

SIP

Increase

Consider increasing SIP if cashflow allows.

Lump-sum

Yes

A small, staggered lump-sum can be considered.

Rules-based guidance for long-term investors. Not a buy/sell call.

7) Index vs Inflation vs FD

Inflation and FD rates are not configured yet.

Technical Signals

OverboughtDeath Cross Active

Recent Performance

Analyze the recent performance of the Nifty MidSmallcap 400, including its recent highs and lows

Recent High				Recent Low						Current Market _{Mar 30, 2026}
PE	PB	DIV	Points	PE	PB	DIV	Points	Fall(%)	~	PE	PB	DIV	Points
Sep 24, 2024				Mar 03, 2025					~	Mar 30, 2026
39.58	4.94	0.73	21131.20	30.42	4.01	0.93	16319.05	-22.77		28.86	3.68	0.81	17524.35 (7.39% )

Performance

Past performance returns (%) of the index

#	1D	1W	1M	3M	6M	1Y	3Y	5Y	7Y	10Y	15Y
Nifty MidSmallcap 400	-2.58	-3.3	-12.48	-11.87	-13.58	-1.46	-	-	-	-	-
Compare	-	-	-	-	-	-	-	-	-	-	-

Fundamentals

Nifty MidSmallcap 400

PE	PB	Div
28.86	3.68	0.81

About

The Nifty MidSmallcap 400 Index is a one-stop solution for investors seeking diversification across India's mid and small-cap segments. It encompasses 400 companies, meticulously selected from both the Nifty Midcap 150 and Nifty Smallcap 250 indices based on market capitalization. This comprehensive approach ensures exposure to a wide range of high-growth potential companies, representing the dynamic mid and small-cap universe in India. The Nifty MidSmallcap 400 Index is rebalanced twice a year, on January 31st and July 31st, to maintain its representative character. Utilize this index to capitalize on India's growth story across established mid-caps and emerging small-cap businesses.

Portfolio Characteristics

MethodologyFree Float Market Capitalization

No. of Constituents400

Launch Date2016-04-01

Calculation FrequencyReal-Time

Index RebalancingSemi - Annually