BSE MidCap Select Index

The table below shows the BSE MidCap Select Index based on the Highest Market Capitalization.

What is the BSE MidCap Select Index?

The BSE MidCap Select Index is a stock market index that tracks the performance of mid-cap companies listed on the Bombay Stock Exchange (BSE). It comprises a select group of mid-cap stocks chosen based on specific criteria such as market capitalization, liquidity, and financial performance.

This index aims to represent the mid-cap segment of the Indian equity market more accurately than broader mid-cap indices. It provides investors with a benchmark for mid-cap investments and helps in tracking the performance of this market segment.

The BSE MidCap Select Index is designed to be more stable and liquid compared to the broader BSE MidCap Index, potentially making it more suitable for investment products like mutual funds and exchange-traded funds (ETFs).

List Of BSE MidCap Select Index

The table below shows the List Of BSE MidCap Select Index based on 1 Year Return.

Best BSE MidCap Select Index

The table below shows the Best BSE MidCap Select Index based on 1 Month Return.

Top BSE MidCap Select Index

The table below shows the Top BSE MidCap Select Index based on the highest day Volume.

How To Invest In the BSE MidCap Select Index?

To invest in the BSE MidCap Select Index, start by opening an account with a reliable broker, such as Alice Blue. Research index funds and ETFs that track this index, comparing their tracking errors and expense ratios. Use the broker’s platform to efficiently execute your chosen investment strategy.

Another approach is to invest in mutual funds that focus on MidCap stocks and use this index as their benchmark. These funds are actively managed to outperform the index. Compare fund performance, expense ratios, and management strategies before investing.

For more experienced investors, consider creating a portfolio that mirrors the index composition. This approach requires regular rebalancing to match changes in the index. Be mindful of transaction costs and the time commitment involved. Utilize research tools provided by your broker to make informed decisions.

Introduction to BSE MidCap Select Index

Trent Ltd

The Market Cap of Trent Limited is ₹167,627.67 crore, with a monthly return of 11.88% and a yearly return of 206.54%. The stock is 0.92% away from its 52-week high.

Trent Limited operates major retail formats, including Westside and Zudio, focusing on a range of products from apparel to home accessories. Westside, its flagship format, is renowned for offering trendy apparel and accessories, catering to fashion-conscious men, women, and children.

Beyond fashion, Trent engages customers with its Landmark format, which entertains toys and sports merchandise. Meanwhile, Zudio caters to the value segment, while Utsa focuses on ethnic wear, ensuring broad market reach and strong consumer engagement within the retail sector.

Power Finance Corporation Ltd

The Market Cap of Power Finance Corporation Ltd is ₹162,249.50 crore, with a monthly return of 19.47% and a yearly return of 217.10%. The stock is 9.60% below its 52-week high.

Power Finance Corporation Limited serves as a crucial financial backbone for India’s power sector, offering a variety of loan products and services to support infrastructure development. The company’s offerings include project term loans and lease financing, catering to both public and private sectors.

The firm’s non-fund-based products, such as guarantees and letters of comfort, further support contract performance and fuel supply agreements. Through subsidiaries like REC Limited and PFC Consulting Ltd, Power Finance Corporation extends its impact across the power sector by providing consultancy and advisory services.

REC Limited

The Market Cap of REC Limited is ₹145,893.78 crore, with a monthly return of -0.08% and a yearly return of 246.55%. The stock is 14.11% away from its 52-week high.

REC Limited specializes in financial solutions for the power infrastructure sector, offering a wide range of products, including long-term and short-term loans. The company’s focus spans various segments, reinforcing the development of power infrastructure and supporting state electricity boards as well as private sector utilities.

As a nodal agency for Government of India initiatives, REC plays a pivotal role in refinancing and policy development for renewable energy projects. This underscores its commitment to sustainable energy advancements and regulatory asset funding.

Jindal Steel and Power Ltd

The Market Cap of Jindal Steel and Power Ltd is ₹107,179.57 crore, with a monthly return of 11.81% and a yearly return of 94.68%. The stock is 3.18% away from its 52-week high.

Jindal Steel and Power Limited operates through segments including iron and steel production and power generation. The company is heavily involved in the steel industry, producing a wide range of products, from sponge iron to TMT rebars, which are essential for various construction and manufacturing sectors.

In addition to steel, JSPL has a robust power generation segment that includes both independent and captive power projects, enhancing its diversification and stability in the energy sector. The company’s commitment to integrating resource management with innovation solidifies its position in the market.

TVS Motor Company Ltd

The Market Cap of TVS Motor Company Ltd is ₹106,348.25 crore, with a monthly return of 17.94% and a yearly return of 86.04%. The stock is 0.61% away from its 52-week high.

TVS Motor Company Limited is a prominent player in the two-wheeler manufacturing industry, known for its wide range of motorcycles and scooters, such as the Apache Series and Jupiter variants. The company’s offerings cater to diverse consumer needs, from daily commuting to high-performance biking.

Additionally, TVS extends its product range to three-wheelers and innovative electric vehicles, such as the iQube. The company’s use of advanced technology, including the ARIVE app, demonstrates its commitment to enhancing customer engagement and product accessibility.

Canara Bank Ltd

The Market Cap of Canara Bank Ltd is ₹106,308.03 crore, with a monthly return of 9.05% and a yearly return of 98.41%. The stock is 6.70% away from its 52-week high.

Canara Bank operates across multiple banking segments, offering an extensive array of services, from retail banking to corporate and treasury operations. Its broad spectrum of financial products includes everything from personal loans to complex corporate financial solutions.

The bank’s commitment to inclusive banking is evident through its efforts to provide basic banking services to unbanked rural populations, as well as sophisticated banking products to urban markets, emphasizing its role as a comprehensive banking institution.

Cummins India Ltd

The Market Cap of Cummins India Ltd is ₹102,947.92 crore, with a monthly return of 6.01% and a yearly return of 106.19%. The stock is 1.94% away from its 52-week high.

Cummins India Limited is a leader in manufacturing engines and power generation equipment, serving various sectors, from industrial to automotive. The company’s engine division produces a wide range of horsepower, meeting the demands of both on-highway and off-highway uses.

The company’s power systems business not only focuses on high-power engines for large-scale applications but also includes a comprehensive service and solutions division that enhances equipment uptime through innovative digital products, asserting Cummins’ role in advancing industrial power solutions.

CG Power and Industrial Solutions Ltd

The Market Cap of CG Power and Industrial Solutions Ltd is ₹98,851.63 crore, with a monthly return of 13.66% and a yearly return of 82.17%. The stock is 1.63% away from its 52-week high.

CG Power and Industrial Solutions Limited specializes in the management and application of electrical energy, with operations spanning power and industrial systems. The company’s power systems segment is crucial in providing electrical equipment and turnkey solutions for the power generation and distribution sectors.

The industrial systems segment of CG Power focuses on manufacturing power conversion equipment and supporting industries with medium and low-voltage solutions. Their extensive range of products and solutions emphasizes the company’s dedication to enhancing efficiency and innovation in energy management.

Best BSE MidCap Select Index – FAQs

Disclaimer: The above article is written for educational purposes only, The data on companies mentioned may change over time. The securities quoted are for illustrative purposes and should not be considered as recommendations.