Understanding Index Stocks composition

Many of us would be tracking index like Nifty. But when it comes to understanding their index constituents, most of us would not find the time.

Below mentioned are two index compositions : NIFTY and NIFTY Junior Bees. In the face of it you would understand that NIFTY comprises Large Cap stocks and Nifty Junior comprises of Midcap stocks. Both of them have 50 stocks. Logically Midcaps should be more volatile and highly rewarding. But Nifty would give stability to portfolio with less swing and stable returns.