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Disclaimer: # The investment risk in the portfolio is borne by the policyholder. Life insurance is available in this product. The maturity amount of Rs 1 Cr. is for a 30 year old healthy individual investing Rs 10,000/- per month for 30 years, with assumed rates of returns @ 8% p.a. that is not guaranteed and is not the upper or lower limits as the value of your policy depends on a number of factors including future investment performance. In Unit Linked Insurance Plans, the investment risk in the investment portfolio is borne by the policyholder and the returns are not guaranteed. Maturity Value: ₹1,05,02,174 @ CAGR 8%; ₹50,45,591 @ CAGR 4%. All plans listed here are of insurance companies’ funds.

NIFTY Midcap 150 Momentum 50 Index

The NIFTY Midcap 150 Momentum 50 Index is a stock market index that tracks the performance of 50 midcap companies in India, showing strong momentum. It selects these stocks from the NIFTY Midcap 150 based on their strong price performance, helping you to focus on companies with upward momentum.

Plans starting from ₹1000/month

Investment Plans

Generate wealthEarn 1 Cr^# in maturity with Zero LTCG tax^¶
Double tax savings^On premiums (under 80C) and on maturity (under 10(10D))
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What is the NIFTY Midcap 150 Momentum 50 Index in 2024?

The NIFTY Midcap 150 Momentum 50 Index is a market index designed to track the performance of a specific set of mid-cap companies listed on the National Stock Exchange of India (NSE). This index focuses on 50 mid-cap companies from the broader Nifty Midcap 150 index. These 50 companies are chosen based on their momentum, which is their recent price performance adjusted for volatility.

Key Features of NIFTY Midcap 150 Momentum 50 Index

Tracks the performance of the top 50 companies out of a universe of 150 mid-cap stocks.
Selects companies based on their normalized momentum score, which is determined based on their 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 it's free-float market capitalization.
It 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.
The index is rebalanced semi-annually in June and December.
Can be used for various purposes, such as benchmarking and the creation of index funds, ETFs, and structured products.

Highlights of the NIFTY Midcap 150 Momentum 50 Index

Particulars	Details
Launch Date	16 August 2022
No. of Constituents	50
Base Date	1 April 2005
Base Value	1000
Calculation Frequency	Real-time
Methodology	Tilt Weighted
Index Rebalancing	Semi-Annually

Performance of NIFTY Midcap 150 Momentum 50 and Other Indices

Nifty Midcap 150 Momentum 50 Index has outperformed the NIFTY Midcap 150 Index 100% of the time over the 1-year, 5-year and since inception.

Index Name	3-Year Returns	5-Year Returns	10-Year Returns
NIFTY Midcap 150 Momentum 50	31.4%	37.0%	26.3%
NIFTY Midcap 150	27.4%	31.2%	20.2%
NIFTY Smallcap 250	27.5%	32.8%	17.2%
NIFTY Smallcap 250 Quality 50	29.5%	36.1%	21.3%
NIFTY 50	15.4%	19.4%	13.6%

[Source: nseindia.com] The above-mentioned returns are total returns. *Data updated as of 27 September 2024.

Why Choose Ipru Midcap

Which are the Constituent Stocks of NIFTY Midcap 150 Momentum 50?

Company’s Name	Weightage (%)
Dixon Technologies (India) Ltd.	4.79
Cummins India Ltd.	4.38
Oil India Ltd.	4.17
Bharat Heavy Electricals Ltd.	3.84
Lupin Ltd.	3.61
BSE Ltd.	3.46
PB Fintech Ltd.	3.37
Indus Towers Ltd.	3.32
Rail Vikas Nigam Ltd.	3.21
Voltas Ltd.	2.99

[Source: nseindia.com] Data updated as of 27 September, 2024.

What are the Sectors Included in NIFTY Midcap 150 Momentum 50?

Top Sectors	Weightage of Invested Assets
Capital Goods	21.10%
Financial Services	13.33%
Realty	10.41%
Consumer Durables	8.52%
Power	8.44%
Healthcare	8.28%
Metals & Mining	7.03%
Oil, Gas & Consumable Fuels	5.53%
Automobile and Auto Components	4.57%
Construction Materials	3.21%
Chemicals	3.03%
Telecommunication	3.17%
Information Technology	1.98%
Services	1.39%

[Source: nseindia.com] Data updated as of 27 September, 2024.

What Are the Returns of NIFTY Midcap 150 Momentum 50?

Index Returns (%)	QTD**	YTD**	1 Year	5 Years	Since Inception
Price Return	5.84	35.71	65.01	38.97	24.11
Total Return	5.97	36.34	76.44	39.93	25.39

[Source: nseindia.com] Data updated as of 27 September, 2024. **QTD, YTD and 1-year returns are absolute returns. Returns for greater than one year are CAGR returns.

Is NIFTY Midcap 150 Momentum 50 Benchmark a Smart Investment Option?

The NIFTY Midcap 150 Momentum 50 can be a smart investment for investors looking for growth, diversification, and exposure to high-growth companies.

High Returns: The fund has achieved high total returns of 25.39% since its inception in 2022. This might be attractive for investors seeking higher returns than traditional index funds.
Focus on Momentum: The fund invests in 50 mid-cap companies with strong recent price momentum, which can outperform the broader market during bull runs.
Diversification: Investing in 50 different companies offers diversification across different sectors and industries, managing risk compared to single-stock investments.
Systematic Approach: The index follows a systematic and rule-based approach in selecting and weighing stocks. This can attract investors who prefer a disciplined investment strategy rather than relying solely on subjective judgments.
Passively Managed: As an index fund, it has lower fees compared to actively managed funds and eliminates the risk of manager underperformance.

NIFTY Midcap 150 Momentum 50 Fundamentals

P/E*	P/B**	Dividend Yield
36.11	5.86	0.82

*P/E: Price-to-Earnings Ratio **P/B: Price-to-Book Ratio Data updated as of 27 September, 2024.

NIFTY Midcap 150 Momentum 50 Methodology

The midcap momentum index follows the below-mentioned methodology:

Index Inclusion: Stocks must be part of or set to join the Nifty Midcap 150 during the review.
Listing History: A minimum listing history of 1 year is required as of the cut-off date.
Circuit Limitations: Non-F&O stocks are ineligible if they hit upper or lower circuit limits in 20% or more of trading days in the past 6 months.
Selection of Companies: The index comprises 50 companies selected based on the highest Normalized Momentum Score.
Weight Calculation: Stock weight is derived by multiplying the free float market cap by the Normalized Momentum Score.
Weight Caps: Each stock's weight is capped at 5% or 5 times its weight based on free float market cap, with adjustments made semi-annually.
Management Structure: The index is managed by a professional team under a three-tier governance structure, including the Board of Directors, Index Advisory Committee, and Index Maintenance Sub-Committee.

Plans having NIFTY Midcap 150 Momentum 50 Index as Benchmark

ABSLI Nifty Midcap 150 Momentum 50 Index Fund

The ABSLI Nifty Midcap 150 Momentum 50 Index Fund NFO will be available from October 1 to October 15, 2024. The fund aims to replicate the performance of the Nifty Midcap 150 Momentum 50 Index, which consists of the top 50 mid-cap stocks from the Nifty Midcap 150 Index that have shown the highest momentum over a specified period. The fund follows a passive strategy where the portfolio will be rebalanced periodically to ensure that it remains aligned with the Nifty Midcap 150 Momentum 50 Index.
Tata AIA Life Midcap Momentum Index Fund

The Tata AIA Life Midcap Momentum Index Fund - a dynamic market-linked fund designed to mirror the benchmark Nifty Midcap 150 Momentum 50 Index. This NFO aims to replicate the performance of the NIFTY midcap 150 momentum 50 index. Comprising 50 high-momentum mid-cap stocks selected based on their returns over the past 6 and 12 months, this fund offers investors the opportunity to capitalize on the growth potential of dynamic mid-sized companies listed on the NIFTY stock exchange.
HDFC Life Midcap Momentum Fund

The HDFC Life Midcap Momentum Fund March 2024 is a new investment option from HDFC Life Insurance. It aims for long-term capital growth by focusing on mid-cap stocks with strong growth potential. Following a momentum investing approach, it targets top-performing mid-cap companies expected to continue growing, tracking the Nifty Midcap 150 Momentum 50 benchmark index for stock selection.
ICICI Pru Midcap 150 Momentum 50 Index Fund

ICICI Pru Midcap 150 Momentum 50 Index Fund is a fund by ICICI Prudential Life Insurance, which was launched on 19th Feb 2024. This fund is a passively managed fund that tracks the Nifty Midcap 150 Momentum 50 Index.
This fund aims to achieve excellent long-term profits, we aim to invest in high-performing mid-sized companies that pay dividends, particularly those included in the Nifty Midcap 150 index.
Max Life Capital Guarantee & Online Saving Plans

The Max Life Momentum Index Fund is an addition to the market-linked funds by Axis Max Life Insurance, designed to capitalize on high-growth potential mid-cap stocks.
This fund has a primary objective of attaining long-term capital appreciation by strategically investing in the top 50 mid-cap companies, identified through their momentum scores indicating strong growth prospects.
Tata Nifty Midcap 150 Momentum 50 Index Fund

The Tata Nifty Midcap 150 Momentum 50 Index Fund was launched on 20 October 2022 by Tata Mutual Fund. This fund mirrors the Nifty Midcap 150 Momentum 50 Index, focusing on the top 50 stocks exhibiting strong momentum from a pool of 150 midcap stocks.
- Investment Approach: Focused on the mid-cap segment's earnings stability and growth potential, the fund taps into emerging industry leaders and key investment themes.
- Momentum Strategy: Using a rule-based Momentum Investing system, the fund aims to outperform by capitalizing on past returns and the herd behavior of investors.

How to Invest in NIFTY Midcap 150 Momentum 50 Fund Through Policybazaar?

Follow the steps below:

Step 1: Enter your name and contact number in the form available on this page.

NOTE: Your credentials are completely secure and will be used to provide you with personalised plan benefits.

Step 2: Input essential information such as your city, age, and name.

Step 3: Compare various plans using criteria like their performance, ratings, and other relevant information.

Step 4: Select from a range of insurers such as ABSLI, HDFC, ICICI, Max Life, and more to take advantage of the NIFTY Midcap 150 Momentum 50 Fund.

Step 5: Select "Invest Now" and proceed by following the prompts displayed on the screen to finalise your purchase.

Step 6: Provide the required KYC details and complete the payment procedure.

Step 7: Upon successful payment, you will receive confirmation of your purchase.

Frequently Asked Questions

What is the 5-year return of Nifty Midcap 150 Momentum 50 Index?

The 5-year returns of Nifty Midcap 150 Momentum 50 Index is 37.00%.
Is the Nifty Midcap 150 Momentum 50 Index Fund good?
Yes, Nifty Midcap 150 Momentum 50 Index Funds can be good for investors seeking:
- Growth: Mid-cap companies have the potential for higher growth than large-cap companies.
- Diversification: The fund offers exposure to 150 mid-sized companies, reducing risk compared to single-stock picking.
- Low cost: Index funds typically have lower expense ratios compared to actively managed funds.
What is the launch date of Nifty Midcap 150 Momentum 50 Index?

The launch date of the Nifty Midcap 150 Momentum 50 Index is 16 August 2022 with a base date of 01 April 2005.
What are the returns of Nifty Midcap 150 Momentum 50 Index?

The Nifty Midcap 150 Momentum 50 Index benchmark index has shown a historical performance of 37.0% returns in the last 5 years and 26.3% returns over the 10 year period.
What is a Nifty midcap 150 momentum 50 index?

Nifty Midcap 150 Momentum 50 in India is a specific type of stock market index that focuses on mid-cap companies with strong momentum. The Nifty Midcap 150 Momentum 50 index aims to capture the performance of the most promising mid-cap companies based on their recent upward price movement.
How are the stocks selected?

Stocks are chosen based on their Normalized Momentum Score, which considers both 6-month and 12-month price returns, adjusted for volatility. Higher scoring stocks are more likely to be included.
What are the benefits of investing in the Nifty Midcap 150 Momentum 50?
- Potential for higher returns: Mid-cap stocks can offer higher growth potential than large-cap stocks.
- Focus on momentum: The index selects stocks that have been performing well recently, which could lead to continued outperformance.
- Controlled volatility: The focus on momentum and size helps to mitigate risk compared to a pure small-cap or momentum index.
How can I invest in the Nifty Midcap 150 Momentum 50?

You can invest in the Nifty Midcap 150 Momentum 50 through funds or Exchange-Traded Funds (ETFs) that track the index, such as Tata AIA Life Nifty Midcap 150 Momentum 50 Index Fund, HDFC Life Nifty Midcap 150 Momentum 50 Index Fund, and Max Life Nifty Midcap 150 Momentum 50 Index Fund.
Is it good to invest in the ABSLI Nifty Midcap 150 Momentum 50 Index Fund?

Yes, the ABSLI Nifty Midcap 150 Momentum 50 Fund targets the top 50 high-momentum mid-cap companies, which have shown strong past performance. It offers the potential for higher returns, making it a good investment choice for those looking to grow their portfolios.
What is the launch date of the ABSLI Nifty Midcap 150 Momentum 50 Fund?

The ABSLI Nifty Midcap 150 Momentum 50 Fund will be available for subscription from October 1 to October 15, 2024.
What are the tax benefits of investing in the ABSLI Nifty Mid Cap Momentum Fund NFO?

With the ULIP and Capital Guarantee Plans offering the ABSLI Nifty Midcap 150 Momentum 50 Fund, you may benefit from tax deductions under Section 80C and potential tax exemptions on maturity benefits under Section 10(10D) of the Income Tax Act, which will help you to enhance overall returns.
Who should consider investing in the Nifty Midcap 150 Momentum 50 Index?

Investors looking to diversify into high-growth mid-cap stocks and are comfortable with high risk investments can choose the market-linked funds tracking the Nifty Midcap 150 Momentum 50 Index.

†Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by any insurer. This list of plans listed here comprise of insurance products offered by all the insurance partners of Policybazaar. The sorting is based on past 10 years’ fund performance (Fund Data Source: Value Research). For a complete list of insurers in India refer to the Insurance Regulatory and Development Authority of India website, www.irdai.gov.in
*Past 10 Year annualised returns as on 01-12-2024
*All savings plans are provided by the insurer as per the IRDAI approved insurance plan. Tax benefit is subject to changes in tax laws. Standard T&C Apply
^The tax benefits under Section 80C allow a deduction of up to ₹1.5 lakhs from the taxable income per year and 10(10D) tax benefits are for investments made up to ₹2.5 Lakhs/ year for policies bought after 1 Feb 2021. Tax benefits and savings are subject to changes in tax laws.
¶Long-term capital gains (LTCG) tax (12.5%) is exempted on annual premiums up to 2.5 lacs.
**Returns are based on past 10 years' fund performance data (Fund Data Source: Value Research).