About Nifty MidSmallcap 400 The Nifty MidSmallcap 400 Index is a stock market index that represents the performance of mid and small market capitalization companies listed on the National Stock Exchange of India. It includes all companies from the Nifty Midcap 150 and Nifty Smallcap 250 indices, totaling 400 constituents. The index is calculated using the free float market capitalization method, reflecting the total market value of all the stocks in the index relative to a particular base period. It is used for various purposes such as benchmarking fund portfolios, launching index funds, exchange-traded funds, and structured products.
