NEW DELHI: Nifty Next 50 led market gains in February, rising 2.76 per cent and posting a 22.16 per cent gain annually, while midcaps led gains yearly, a report said on Tuesday.
The report from Motilal Oswal Mutual Fund said the Midcap 150 index delivered one‑year returns of 23.08 per cent, while the Nifty Smallcap 250 gained 14.71 per cent over the year.
Mid-cap and small-cap indices also posted monthly advances, rising 1.66 per cent and 0.75 per cent, respectively.
Meanwhile, Nifty 50 declined 0.56 per cent over the last month and was down 3.91 per cent over three months but rose 13.80 per cent on a one‑year basis, the brokerage noted.