Superconducting thin films of two thicknesses have been fabricated on (100) oriented SrTiO3 (STO) substrates using the target of composition Fe1.05Te0.50Se0.50 by pulsed laser deposition technique. The structural and transport properties of the fabricated thin films have been investigated and the results indicate the enhancement in the superconducting properties with increasing thickness of the thin films. The onset of the superconducting transition temperature of the grown thin films of thicknesses ∼78 nm and ∼177 nm are ∼12.10 and 12.62 K at 0 T magnetic field, respectively. To estimate the upper critical fields HC2(0), thermally activated energy (TAE) and vortex phase diagram, the magnetoresistance measurements have been performed in the magnetic field range of 0 - 8 T. HC2(0) have been calculated by Ginzburg Landau (GL) theory and Werthamer-Helfand-Hohenberg model by taking the criterion of 90%, 50% and 10% of normal state resistivity and the corresponding GL coherence lengths have also been calculated. In the present work, the TAE has been estimated by conventional Arrhenius relation and modified thermally activated flux flow (TAFF) theory. The power law dependence of TAE, shows prominently the possible planer defects in the system. From the modified TAFF model, the values of fitting parameter ‘q’ suggests the 3 dimensional behaviour of the vortices for both the grown thin films. The vortex phase diagram study reveals the transition from the vortex liquid to vortex glass state.