The Nifty500 Growth 50 Index aims to track the performance of the top 50 stocks within the Nifty 500 which are selected based on their growth scores. The growth score for each stock is determined based on its 3-year Profit after tax growth, 3-year Sales growth and 1-year risk adjusted return. Stock weights are based on a combination of the stock’s growth score and its free float market capitalization.