• As on ,
  • All Prices are in INR

The Nifty500 Momentum 50 Index tracks the performance of 50 stocks which are selected based on Normalized momentum score from the Nifty 500 index. The momentum score for each company is determined based on its 6-month and 12-month price return, adjusted for volatility. The weight of each stock in the index is based on the combination of stock’s momentum score and its free float market capitalization.

 

Highlights

  • The index has a base date of April 01, 2005, with a base value of 1000
  • Stocks part of the Nifty 500 index at the time of review are eligible for inclusion in the index
  • Stocks that have scored low on liquidity parameters are excluded from the index
  • 50 companies based on the Normalized Momentum score are selected to be part of the index
  • The weight of each stock in the index is based on the combination of stock’s Normalized momentum score and its free float market capitalization.
  • The index is reconstituted semi-annually (June, December)