Is Nifty mid-cap momentum index a smart bet?

Smart-beta indices are quietly making waves, with some delivering standout returns. One such index is the Nifty Midcap 150 Momentum 50, which picks 50 companies with the strongest momentum from its parent index, the Nifty Midcap 150. To evaluate momentum, the index examines each stock’s six- and 12-month price performance, adjusts it for volatility and then assigns a momentum score. The top scorers make the cut, with weights based on both score and market capitalisation.

This article was originally published on October 27, 2025.