Dividends are an important component of the total return on equities. The NIFTY50 Dividend Points index is designed to track the total dividend from the constituents of the NIFTY 50 index.

Currently there are various derivative contracts available using NIFTY 50 index as the underlying, which have dividend risk implied in them.

The NIFTY50 Dividend Points Index is a running total of dividend points of the securities forming part of NIFTY 50 Index.