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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

#120 of 266 (1Y)

NAV

₹9.3722

as of 30 Sept 2026

Expense Ratio

1.07%

AUM

₹458 Cr

Viewing Regular · Growth
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Lumpsum returns (CAGR)

1Y
+1.08%
3Y
—
5Y
—
Since Inception
-3.11%

SIP returns (XIRR)

1Y
+1.54%
3Y
—
5Y
—
Since Inception
+1.77%

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

Risk Metrics

Trailing 1 year, annualised

0.39

Sharpe Ratio

—

Alpha

—

Beta

0.37

Sortino

15.73%

Std Dev

-17.46%

Max Drawdown

Performance Comparison

Sectoral allocation

as of 31 Aug 2026

Each sector links to the mutual funds most exposed to it.

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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

What this fund does

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 2 years. It manages assets worth ₹458 Cr, reflecting investor confidence in the fund's strategy. It benchmarks its performance against NIFTY 500 EQUAL WEIGHT TRI. The current expense ratio is 1.07%.

Who Should Invest?

  • •Cost-conscious investors who prefer passive investing with low expense ratios
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