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Momentum + QualityParent: Nifty Smallcap 250

Nifty Smallcap250 Momentum Quality 100

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

Compare with Nifty Smallcap 250Backtest Hero?

Launch date: 21-12-2023. 86.8% 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 Smallcap250 Momentum Quality 100 and Nifty Smallcap 250 on the same 5,351 observed dates, 01-04-2005 – 28-10-2026.

CAGR
21.1%BT
Nifty Smallcap 250: 15.3%
Annualized volatility
21.6%BT
Nifty Smallcap 250: 21.5%
Max drawdown
-72.4%BT
Nifty Smallcap 250: -75.6%
Sharpe
0.78BT
Nifty Smallcap 250: 0.56
Sortino
1.04BT
Nifty Smallcap 250: 0.73
Median rolling 5Y CAGR
21.9%BT
Nifty Smallcap 250: 14.0%

Drawdown and recovery

Full history of Nifty Smallcap250 Momentum Quality 100, 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
-13.0%
High on 16-09-2024
Gain needed to recover
14.9%
From the latest close back to the high
Time below high
2y 1m
Since the last high
Worst decline
-72.4%
02-01-2008 to 09-03-2009; recovered 01-10-2010 (2y 9m after the high)BT
Longest time below a high
3y
15-01-2018 to 04-01-2021BT
Time spent below a high
88.4%
8 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 year28.0%16.7%-67.5%185.4%5,094
3 years7.2%19.8%-11.7%49.7%4,580
5 years0.0%21.9%0.6%38.2%4,106
7 years0.0%20.2%9.4%36.3%3,606
10 years0.0%20.8%11.7%30.3%2,862

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

Versus Nifty Smallcap 250

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
103.2%
Average of 156 months Nifty Smallcap 250 rose
Downside capture
88.6%
Average of 102 months Nifty Smallcap 250 fell; lower is better
Months ahead
65.1%
Beat Nifty Smallcap 250 in this share of 258 months
Longest stretch behind
5y 3m
Relative wealth below its high, 09-08-2021 to still behind

Now 11.3% behind its best point relative to Nifty Smallcap 250, for 5y 3m. Relative wealth was below an earlier peak on 90.6% of shared trading days.

Backtest Hero? · vs its own history

21-12-2023 – 28-10-2026 · 2 years 10 months 7 days. Compared with 3,927 equal-length periods from the pre-launch backtest. Difference in CAGR versus Nifty Smallcap 250: -2.8 pp.
Open full analysis
CAGR
5.8%
Historical percentile 15.8median 21.2%
Volatility
20.7%
Historical percentile 55.9median 19.2%
Max drawdown
-29.7%
Historical percentile 55.4median -34.0%
Sharpe
0.15
Historical percentile 15.0median 0.83

Growth of 100

On 5,351 shared dates from 01-04-2005: 100 became 6,231 vs 2,171 in Nifty Smallcap 250. 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 Smallcap250 Momentum Quality 100 vs Nifty Smallcap 250; 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 Smallcap250 Momentum Quality 100Nifty Smallcap 250Difference
2026 (YTD)+5.9%+2.3%
+3.5 pp
2025-11.6%-5.5%
-6.1 pp
2024+21.8%+27.2%
-5.4 pp
2023+50.1%+49.1%
+1.0 pp
2022-6.1%-2.6%
-3.5 pp
2021+72.3%+63.3%
+9.0 pp
2020+29.6%+26.5%
+3.2 pp
2019-1.9%-7.3%
+5.4 pp
2018-18.4%-26.1%
+7.7 pp
2017+72.9%+58.5%
+14.4 pp
2016+4.1%+1.4%
+2.7 pp
2015+16.9%+11.3%
+5.7 pp
2014+81.6%+71.7%
+10.0 pp
2013+11.8%-6.4%
+18.3 pp
2012+47.7%+40.4%
+7.3 pp
2011-24.6%-35.1%
+10.4 pp
2010+27.7%+17.6%
+10.1 pp
2009+132.1%+117.4%
+14.7 pp
2008-66.5%-68.6%
+2.1 pp
2007+80.7%+97.4%
-16.8 pp
2006+50.6%+32.9%
+17.7 pp
2005 (partial)+68.8%+55.8%
+13.1 pp