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What is Nifty Midcap 100 Index Overview about?

The Nifty Midcap 100 Index tracks 100 midcap stocks on the National Stock Exchange, using a free float market capitalization method. It serves various purposes, including benchmarking and launching index funds, and is rebalanced semi-annually. Key statistics include a launch date of July 18, 2005, and a total return of -16.14% over the last year.

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EN