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Index Fund📊 NIFTY 500 EQUAL WEIGHT TRI

Nippon India Nifty 500 Equal Weight Index Fund · Regular · Growth

Nippon India Mutual Fund

#121 of 253 (1Y)

NAV

₹9.7386

as of 14 Jul 2026

Expense Ratio

0.94%

AUM

₹398 Cr

Viewing Regular · Growth
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Lumpsum returns (CAGR)

1Y
+1.35%
3Y
5Y
Since Inception
-1.43%

SIP returns (XIRR)

1Y
+10.58%
3Y
5Y
Since Inception
+6.82%

Not enough verified history to show honest backtest scenarios (this fund is under 3 years old).

Risk Metrics

Trailing 1 year, annualised

0.02

Sharpe Ratio

Alpha

Beta

0.02

Sortino

17.78%

Std Dev

-17.46%

Max Drawdown

Performance Comparison

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Fund Details

Fund HouseNippon India Mutual Fund
CategoryIndex Fund
BenchmarkNIFTY 500 EQUAL WEIGHT TRI
Launch Date10 Sept 2024
AMFI Code152840
Transaction facts
Min. Lumpsum₹1,000
Min. SIP₹100
Exit LoadNIL

Available transactions

PurchaseSIPRedeemSWPSwitchSTPDemat

Investment Objective

Nippon India Nifty 500 Equal Weight Index Fund · Regular · Growth is a passively managed fund that tracks a specific market index, aiming to replicate its returns with minimal tracking error. Index funds offer low-cost, diversified exposure to the market with full transparency of holdings.

About This Fund

Nippon India Nifty 500 Equal Weight Index Fund · Regular · Growth is a Index Fund mutual fund offered by Nippon India Mutual Fund. The fund has been operational for over 1 years. It manages assets worth ₹398 Cr, reflecting investor confidence in the fund's strategy. It benchmarks its performance against NIFTY 500 EQUAL WEIGHT TRI. The current expense ratio is 0.94%.

Who Should Invest?

  • Investors with a high risk appetite seeking long-term wealth creation
  • Investors with an investment horizon of 5 years or more
  • Cost-conscious investors who prefer passive investing with low expense ratios
  • SIP investors who can benefit from rupee cost averaging during market fluctuations
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