Where it is

ScreenHoldings tab, CompositionBasic

The Holdings tab, Composition card, Market cap view (strategy and portfolio). The Cap segment group in the Marketplace Filters. The Compare with picker and the Customise benchmark list group the indices. Basic and Advanced.

Indices in this video: Allcap (strategy page) and Large Cap Multi Asset (the sample portfolio).

What it means

A stock's band comes from the NSE index it belongs to: NIFTY 100 is large cap, NIFTY MIDCAP 150 mid cap, NIFTY SMALLCAP 250 small cap and NIFTY MICROCAP 250 micro cap. ETFs, funds, anything outside those indices and any stock without class data fall in Other. The strip shows each band's share of the weight on a strategy page, or of the live value on a portfolio. A strategy's Cap segment on the Marketplace comes from its sleeve universes: the widest one present.

The formula

Put each holding in a band by the index it belongs to, then add up the weights in each band.

As computed in the RupeeCase app
Large cap: in NIFTY 100
Mid cap: in NIFTY MIDCAP 150 (ranks 101 to 250)
Small cap: in NIFTY SMALLCAP 250 (ranks 251 to 500)
Micro cap: in NIFTY MICROCAP 250
Other: ETFs, funds, outside these indices, or no class data
Band share = sum of the weights in the band (portfolio: live value)

Worked example

Example only

  • 30 names in NIFTY 100 at 1.5% each: 45% large cap
  • 20 names in NIFTY MIDCAP 150 at 1.5% each: 30% mid cap
  • A gold ETF at 25%: Other

How to read it

  • Read the strip beside the strategy's universe: an all cap strategy can lean either way.
  • Other on a multi asset portfolio is often its ETFs.
  • Sectors, beside Market cap, groups the same weights by sector.

Watch out

  • Bands follow index membership, which NSE reviews twice a year.
  • Other also holds stocks with no class data; the Sectors view calls those Unclassified.
  • The index lines in Compare are price indices: dividends are not added.

Transcript

Tap Sound on for voice and music. These are the captions of the video, chapter by chapter.

  1. 0:00Where it is. Composition, Market cap, sorts the holdings into bands.
  2. 0:10What it means. NIFTY 100 is large cap, MIDCAP 150 mid, SMALLCAP 250 small.
  3. 0:35Worked example. Worked example, example only: 30 names in NIFTY 100 at 1.5% each: 45% large cap. 20 names in NIFTY MIDCAP 150 at 1.5% each: 30% mid cap. A gold ETF at 25%: Other.
  4. 0:41How to read it. On this multi asset portfolio its ETFs fall in Other.
  5. 0:56Watch out. Watch out: Bands follow index membership, which NSE reviews twice a year. Other also holds stocks with no class data; the Sectors view calls those Unclassified. The index lines in Compare are price indices: dividends are not added.

Terms in this tutorial

  • large capCompanies ranked 1 to 100 by market cap in SEBI classification.
  • mid capCompanies ranked 101 to 250 by market cap per SEBI.
  • small capCompanies ranked 251 and below by market cap per SEBI.
  • Micro capVery small listed companies, smaller than the small cap group.
  • Midcap 150NSE index of the 150 stocks ranked 101 to 250 by free-float market cap.
  • Smallcap 250NSE index of stocks ranked 251 to 500 by market cap.
  • ETFExchange Traded Fund.
  • CompositionWhat a portfolio is made of: its split by sector and by market cap band, and in Advanced by sleeve and over time.

Learn it in depth