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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

#122 of 243 (1Y)

NAV

₹9.5924

as of 17 Jun 2026

Expense Ratio

0.94%

AUM

₹398 Cr

Viewing Regular · Growth
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Lumpsum returns (CAGR)

1Y
+2.35%
3Y
5Y
Since Inception
-2.33%

SIP returns (XIRR)

1Y
+7.93%
3Y
5Y
Since Inception
+5.63%

SIP since inception — what ₹500/month became

Real NAV backtest from day one

₹10,500

Invested

₹10,565

Value today

0.7%

XIRR (p.a.)

500/month SIP from fund inception · Current value as of today

Try SIP Calculator with this fund's history

1,000 lumpsum at launch — value today

Invested on the fund's first NAV date

₹1,000

Invested

₹914

Value today

-5.0%

CAGR (p.a.)

One-time investment at fund inception · Growth purely from NAV appreciation

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₹6L corpus via 12-month STP from a liquid fund at inception

₹50K/month transferred from HDFC Liquid → this fund at launch

₹6,00,000

Invested

₹6,29,617

Value today

+14.8%

vs lumpsum

STP beat direct lumpsum by 14.8% — reduced timing risk paid off

Model your own STP with real NAV

Risk Metrics

Trailing 1 year, annualised

-0.15

Sharpe Ratio

Alpha

Beta

-0.14

Sortino

18.25%

Std Dev

-19.10%

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