About Nifty500 Equal Weight The Nifty500 Equal Weight Index is an Indian stock market index that includes the same 500 companies as the Nifty 500 Index but assigns equal weight to each constituent, regardless of its market capitalization. This approach provides a diversified representation of the Indian equity market. The index is reconstituted semi-annually and rebalanced quarterly to maintain equal weighting among its constituents. It serves as a benchmark for investors seeking exposure to a broad spectrum of Indian companies without the influence of individual company sizes.
