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Nifty Indexes / Indices

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Nifty Next 50 or Nifty Midcap 150: Which is a better bet?

Nifty vs Nifty Next 50 vs Nifty Midcap 150 vs Nifty Smallcap 250

Nifty vs Nifty Next 50 vs Nifty Midcap 150 vs Nifty Smallcap 250

What Is NIFTY Midcap 150? How Can You Invest In This Midcap Index?

Nifty 50 vs Nifty Next 50 vs Nifty 100: Pick Your Large Cap Index

Nifty 50: The Nifty 50 comprises the 50 largest and most liquid companies listed on the National Stock Exchange of India. The stocks in the Nifty 50 are big players, typically large-cap stocks with a massive market value.

Nifty Next 50: On the other hand, the Nifty Next 50 includes mid-cap companies that rank from 51 to 100 in terms of full market cap. So naturally, the average market cap of these companies is smaller than that of Nifty 50 constituents. The total market cap of the Nifty Next 50 is around 15-18% of the full NSE 500 market cap.

  • Junior BeES, officially known as Nippon India ETF Nifty Next 50 Junior BeES, is an exchange-traded fund (ETF) that tracks the Nifty Next 50 Index. This index comprises the 50 companies ranked immediately after the Nifty 50 in terms of market capitalization. Therefore, Junior BeES primarily invests in large-cap companies that are potential candidates to enter the Nifty 50. It does not focus on mid-cap stocks.

Nifty 100: Finally, the Nifty 100 is an index that combines the Nifty 50 and Next 50, covering the 100 most valuable listed companies. As you can expect, the market cap is between Nifty 50 and Next 50. So it covers around 75-80% of the total market cap of the 500 stocks trading on the NSE.

Nifty Next 50 vs Nifty Midcap 150: While the Nifty Next 50 is made up of 50 companies ranked 51-100 by marketcap, the Nifty Midcap 150 index consists of 150 companies ranked 101-250.

Nifty vs Nifty Next 50 vs Nifty Midcap 150 vs Nifty Smallcap 250: Return Comparison Sep 2025

Sectoral Indices​

Thematic Indices​

Strategy Indices​

Index Rebalancing as Slow Momentum​

Alok Jain (Weekend Investing) argues a market-cap-weighted index behaves like a very slow momentum strategy: free-float market cap is price times free-float shares, so rising stocks climb from small cap to midcap to Nifty Next 50 to Nifty 50, and losers are shunted out the other way. Nifty indices rebalance semi-annually (effective April and October).

  • Oct 2026 example (per transcript, names partly garbled): Wipro moved out of Nifty 50 (replaced by BSE Ltd). Out of Nifty Next 50: Indian Hotels, Lodha, REC, Shree Cement, United Spirits; in: Hitachi Energy, Polycab, Vedanta, Vodafone Idea and Wipro.
  • Numbers cited: outgoing six stocks averaged -12% over one year, incoming four +46%, Nifty 50 -10%. "Out" does not require a loss; a flat stock is displaced by relatively stronger ones.
  • Cost of the slow clock: an index holder keeps owning losers until the committee acts. Wipro peaked in Feb 2025 and was removed 30 Sep 2026 (exiting in Feb 2025 meant about -8%, Jan 2026 about -21%, at removal about -48% from the peak); Shree Cement fell from about 32,000 to 21,000 before exit; Yes Bank stayed in Nifty from about 410 down to about 20.
  • Takeaway: momentum is the core of the benchmark; a faster momentum strategy (weekly or monthly reviews) cuts losers earlier, but index momentum funds are also slow.

Watch This Video If You Are An Index Investor - Weekend Investing - YouTube