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SectoralParent: Nifty MidSmallcap 400

Nifty MidSmall IT & Telecom

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

Compare with Nifty MidSmallcap 400Backtest 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 IT & Telecom and Nifty MidSmallcap 400 on the same 5,351 observed dates, 01-04-2005 – 28-10-2026.

CAGR
12.7%BT
Nifty MidSmallcap 400: 16.1%
Annualized volatility
23.1%BT
Nifty MidSmallcap 400: 20.8%
Max drawdown
-70.0%BT
Nifty MidSmallcap 400: -73.8%
Sharpe
0.43BT
Nifty MidSmallcap 400: 0.60
Sortino
0.59BT
Nifty MidSmallcap 400: 0.80
Median rolling 5Y CAGR
13.6%BT
Nifty MidSmallcap 400: 16.0%

Drawdown and recovery

Full history of Nifty MidSmall IT & Telecom, 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
-12.8%
High on 13-09-2024
Gain needed to recover
14.7%
From the latest close back to the high
Time below high
2y 1m
Since the last high
Worst decline
-70.0%
03-01-2008 to 09-03-2009; recovered 05-06-2017 (9y 5m after the high)BT
Longest time below a high
9y 5m
03-01-2008 to 05-06-2017BT
Time spent below a high
94.3%
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 forLost moneyMedian CAGRWorst CAGRBest CAGRWindows
1 year36.4%8.4%-64.6%207.9%5,094
3 years21.7%12.6%-16.8%62.0%4,580
5 years13.7%13.6%-14.2%46.4%4,106
7 years11.6%15.6%-3.2%29.9%3,606
10 years0.0%14.5%1.3%28.5%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
86.4%
Average of 162 months Nifty MidSmallcap 400 rose
Downside capture
85.7%
Average of 96 months Nifty MidSmallcap 400 fell; lower is better
Months ahead
48.4%
Beat Nifty MidSmallcap 400 in this share of 258 months
Longest stretch behind
21y 7m
Relative wealth below its high, 04-04-2005 to still behind

Now 47.6% behind its best point relative to Nifty MidSmallcap 400, for 21y 7m. Relative wealth was below an earlier peak on 100.0% 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: -3.4 pp.
Open full analysis
CAGR
13.2%
Historical percentile 62.1median 8.6%
Volatility
20.4%
Historical percentile 53.5median 19.8%
Max drawdown
-33.1%
Historical percentile 70.5median -53.4%
Sharpe
0.48
Historical percentile 61.9median 0.28

Growth of 100

On 5,351 shared dates from 01-04-2005: 100 became 1,325 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 IT & Telecom 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.
YearNifty MidSmall IT & TelecomNifty MidSmallcap 400Difference
2026 (YTD)+0.1%-2.5%
+2.6 pp
2025-8.0%+1.8%
-9.8 pp
2024+14.6%+25.5%
-10.8 pp
2023+70.4%+46.2%
+24.2 pp
2022-25.9%+1.9%
-27.8 pp
2021+110.1%+52.6%
+57.5 pp
2020+72.4%+25.9%
+46.5 pp
2019+0.5%-2.0%
+2.5 pp
2018-19.3%-17.3%
-2.0 pp
2017+59.7%+56.6%
+3.1 pp
2016-6.8%+4.8%
-11.7 pp
2015+14.2%+10.3%
+3.9 pp
2014+42.8%+65.5%
-22.7 pp
2013+32.0%-2.9%
+35.0 pp
2012+31.4%+44.6%
-13.1 pp
2011-44.5%-32.4%
-12.1 pp
2010-7.2%+19.3%
-26.5 pp
2009+87.6%+115.0%
-27.4 pp
2008-63.4%-66.2%
+2.8 pp
2007+63.5%+84.3%
-20.8 pp
2006+20.0%+29.8%
-9.9 pp
2005 (partial)+15.8%+47.2%
-31.4 pp