Nifty500 Quality 50 Index aims to track the performance of the top 50 stocks within Nifty 500 which are selected based on their quality scores. The quality score for each stock is determined based on return on equity (ROE), financial leverage (Debt/Equity Ratio) and earnings (EPS) growth variability analysed during the previous 5 years. Stock weights are based on a combination of the stock’s quality score and its free-float market capitalization.