Nifty MidSmallcap 400

Diversify Across Mid & Small Caps

As of Aug 13, 2026, the PE ratio is 31.37 and the PB ratio is 4.17

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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 21,656.75 as of Aug 13, 2026. 1Y CAGR is 5.33%. It is 0.00% below its recent peak. Current valuation: PE 31.37, PB 4.17.

As of
Aug 13, 2026
Current Value
21,656.75
PE / PB
31.37 / 4.17
Dividend Yield
0.60%
1Y CAGR
5.33%
3Y CAGR
-
5Y CAGR
-
Volatility (1Y)
16.28%
Drawdown from Peak
0.00%

2) Valuation Zone

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

Cheappercentile
PE 31.37vs 5Y avg 32.16 (-2.45%)
PE 31.37vs 10Y avg PRO
PE 31.37vs 15Y avg PRO
PB 4.17vs 5Y avg 4.33 (-3.63%)
PB 4.17vs 10Y avg PRO
PB 4.17vs 15Y avg PRO

3) Earnings Growth Health

Trend:Improving

Composite proxy: 15.24% (weighted 1Y/3Y/5Y/10Y/15Y).

Status map: 1Y Improving.

1YImproving
Price CAGR: 5.33%
PE CAGR: -9.91%
Proxy: 15.24%
3YPRO
Price CAGR: -
PE CAGR: -
Proxy: -
5YPRO
Price CAGR: -
PE CAGR: -
Proxy: -
10YPRO
Price CAGR: -
PE CAGR: -
Proxy: -
15YPRO
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 (16.28%).
  • Index is near its recent peak (drawdown 0.00%).
  • Valuation is supportive vs history.

Signals are descriptive, not predictions.

6) Action Guidance

SIP
Increase

Consider increasing SIP if cashflow allows.

Lump-sum
Wait

Prefer staggered entries and avoid rushing.

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.

Supporting Guides

Intent-focused pages connected to this index.

Technical Signals

OverboughtGolden Cross Active

Recent Performance

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

Recent HighRecent LowCurrent Market Aug 13, 2026
PEPBDIVPointsPEPBDIVPointsFall(%)~PEPBDIVPoints
Aug 13, 2026Aug 13, 2026~Aug 13, 2026
31.374.170.6021656.7531.374.170.6021656.750

31.374.170.6021656.75 (0% )

Performance

Past performance returns (%) of the index

#1D1W1M3M6M1Y3Y5Y7Y10Y15Y
Nifty MidSmallcap 4000.110.462.596.587.5410.6-----

Fundamentals

Nifty MidSmallcap 400

PEPBDiv
31.374.170.60

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