About Nifty Midcap 150 The Nifty Midcap 150 Index comprises 150 mid-cap companies ranked 101 to 250 by full market capitalization within the Nifty 500 universe. It aims to measure the performance of mid-market capitalization companies. The index is computed using the free float market capitalization method, reflecting the total free float market value of all the stocks in the index relative to a particular base market capitalization value. The Nifty Midcap 150 Index can be used for various purposes such as benchmarking fund portfolios, launching index funds, ETFs, and structured products.
