Nifty MidSmall Healthcare

Total Return Index · Available history 01-04-2005 to 28-10-2026 · 5,351 observations

Compare with Nifty MidSmallcap 400 Backtest Hero?

Launch date: 03-08-2022. 80.4% of this index's trading days are NSE's pre-launch backtest (marked BT, shaded on the charts). Backtests can benefit from hindsight; post-launch index returns are still not fund returns. Source: Curated catalog launch_date (not independently reverified).

BT = Backtested history by NSE— = not enough history

Nifty MidSmall Healthcare and Nifty MidSmallcap 400 on the same 5,351 observed dates, 01-04-2005 – 28-10-2026.

CAGR: 21.1%BT; Nifty MidSmallcap 400: 16.1%
Annualized volatility: 18.0%BT; Nifty MidSmallcap 400: 20.8%
Max drawdown: -54.1%BT; Nifty MidSmallcap 400: -73.8%
Sharpe: 0.90BT; Nifty MidSmallcap 400: 0.60
Sortino: 1.24BT; Nifty MidSmallcap 400: 0.80
Median rolling 5Y CAGR: 20.3%BT; Nifty MidSmallcap 400: 16.0%

Drawdown and recovery

Full history of Nifty MidSmall Healthcare, 01-04-2005 – 28-10-2026. A drawdown is the fall from the highest close before it.

BT = Backtested history by NSE— = not enough history

Current drawdown

-4.3%

High on 23-09-2026

Gain needed to recover

4.5%

From the latest close back to the high

Time below high

Since the last high

Worst decline

-54.1%

02-01-2008 to 12-03-2009; recovered 24-11-2009 (1y 11m after the high)BT

Longest time below a high

1y 11m

02-01-2008 to 24-11-2009BT

Time spent below a high

87.9%

6 declines of 20% or more

Outcomes by holding period

Every rolling window in the full history, ending on each trading day. Windows overlap, so this describes the past rather than predicting the future.

BT = Backtested history by NSE— = not enough history

Held for	Lost money	Median CAGR	Worst CAGR	Best CAGR	Windows
1 year	18.6%	18.2%	-45.4%	152.3%	5,094
3 years	3.3%	20.2%	-15.2%	54.7%	4,580
5 years	0.0%	20.3%	7.1%	40.7%	4,106
7 years	0.0%	22.6%	12.0%	40.5%	3,606
10 years	0.0%	22.7%	16.9%	31.9%	2,862

Lost money: share of windows with a negative annualized return.

Versus Nifty MidSmallcap 400

On the shared dates 01-04-2005 – 28-10-2026, using month-end returns for capture.

BT = Backtested history by NSE— = not enough history

Upside capture

81.2%

Average of 162 months Nifty MidSmallcap 400 rose

Downside capture

54.9%

Average of 96 months Nifty MidSmallcap 400 fell; lower is better

Months ahead

52.7%

Beat Nifty MidSmallcap 400 in this share of 258 months

Longest stretch behind

Relative wealth below its high, 13-10-2020 to still behind

Now 23.1% behind its best point relative to Nifty MidSmallcap 400, for 6y. Relative wealth was below an earlier peak on 96.5% of shared trading days.

Backtest Hero? · vs its own history

03-08-2022 – 28-10-2026 · 4 years 2 months 25 days. Compared with 3,252 equal-length periods from the pre-launch backtest. Difference in CAGR versus Nifty MidSmallcap 400: +7.7 pp.

Open full analysis

CAGR

24.3%

Historical percentile 59.8median 21.3%

Volatility

14.7%

Historical percentile 6.5median 17.2%

Max drawdown

-17.5%

Historical percentile 97.8median -24.8%

Sharpe

1.25

Historical percentile 64.8median 0.94

Growth of 100

On 5,351 shared dates from 01-04-2005: 100 became 6,177 vs 2,506 in Nifty MidSmallcap 400. Shaded: backtested history before launch.

Drawdown

Percentage decline from the previous peak.

Rolling 3Y CAGR

Calendar-anniversary rolling annualized return. Shared input history starts 01-04-2005; the first plotted rolling-return observation is 04-04-2008, after a complete 3Y-year window.

Rolling 1-year volatility

Up to 252 daily observations, minimum 126, annualized. First plotted observation: 30-09-2005.

Calendar-year returns

Nifty MidSmall Healthcare vs Nifty MidSmallcap 400; the difference is in percentage points (pp). Incomplete historical years are labeled (partial); the ongoing year is labeled (YTD). Hover a year for its actual dates.

Year	Nifty MidSmall Healthcare	Nifty MidSmallcap 400	Difference
2026 (YTD)	+16.4%	-2.5%	+18.9 pp
2025	-0.4%	+1.8%	-2.2 pp
2024	+45.1%	+25.5%	+19.6 pp
2023	+52.8%	+46.2%	+6.6 pp
2022	-18.5%	+1.9%	-20.4 pp
2021	+18.9%	+52.6%	-33.7 pp
2020	+62.8%	+25.9%	+37.0 pp
2019	+4.7%	-2.0%	+6.7 pp
2018	+6.2%	-17.3%	+23.5 pp
2017	+19.2%	+56.6%	-37.4 pp
2016	+7.4%	+4.8%	+2.6 pp
2015	+37.7%	+10.3%	+27.4 pp
2014	+65.4%	+65.5%	-0.1 pp
2013	+25.3%	-2.9%	+28.2 pp
2012	+60.5%	+44.6%	+16.0 pp
2011	-19.3%	-32.4%	+13.1 pp
2010	+34.7%	+19.3%	+15.4 pp
2009	+91.4%	+115.0%	-23.5 pp
2008	-42.8%	-66.2%	+23.4 pp
2007	+21.0%	+84.3%	-63.3 pp
2006	+18.3%	+29.8%	-11.6 pp
2005 (partial)	+37.1%	+47.2%	-10.2 pp