NIFTY 50 is NSE's diversified index comprising stocks from the top 50 Indian companies across 14 sectors. It tracks the market performance of the largest cap companies & hence, broadly reflects the Indian economy. The NIFTY 50 index is India’s premier stock index. Launched on April 1, 1996, it's computed using the free float market capitalization method. Nifty 50 is used as a benchmark for many MF schemes. One can invest in Nifty 50 through index funds and ETFs. Investing in Nifty 50 provides the benefits of diversification within the largest companies in India and returns in line with the economic growth.