The Nifty Total Market Momentum Quality 50 Index aims to track the performance of a 50-stock portfolio selected based on a combination of momentum and quality factors from the Nifty Total Market. The momentum score for each company is determined based on its 6-month and 12-month price return adjusted for volatility. The quality score for each company is determined based on return on equity (ROE), financial leverage (Debt/Equity Ratio) and earnings (EPS) growth variability analysed during the previous 5 years.