Nippon India Nifty 500 Equal Weight Index Fund Direct Growth

Nippon India Nifty 500 Equal Weight Index Fund Direct Growth

Get the latest NAV of Nippon India Nifty 500 Equal Weight Index Fund Direct Growth. View historical returns compared to its benchmark and category average. Know which stocks and sectors the fund is investing in. Get an estimate of returns from the SIP and lump sum returns calculator. View detailed holding analysis and peer comparison. Get INDmoney ranking of the fund.

₹9.22

-0.3%1D

NAV as on 14 Aug 2025

-7.8%/per year

Since Inception

Absolute Gain%

2099 people have invested ₹ 53.6L in Nippon India Nifty 500 Equal Weight Index Fund Direct Growth in the last three months

Peer comparison

Fund Name
INDmoney Rank
AUM (in Crs.)
Expense Ratio
1Y Returns
3Y Returns
3Y Alpha
3Y Beta
3Y Sharpe
3Y Sortino
3Y Info Ratio
Nippon India Nifty 500 Equal Weight Index Fund
-
455Cr
0.35%
-
-
--
--
--
--
--
UTI Nifty200 Momentum 30 Index Fund Direct Growth
-
8,199Cr
0.43%
-13.56%
17.86%
-0.17
1.00
0.74
1.12
-1.12
Motilal Oswal Nifty India Defence Index Fund Direct Growth
-
3,496Cr
0.42%
11.25%
-
--
--
--
--
--
Motilal Oswal Nifty Microcap 250 Index Fund Direct Growth
-
2,594Cr
0.5%
-3.68%
-
--
--
--
--
--

Nippon India Nifty 500 Equal Weight Index Fund Returns Calculator

Calculate SIP and lumpsum returns based on historical performance

  • 1-time

  • SIP

Total Investment

0

Profit


Total Corpus

0

Absolute Return

Nippon India Nifty 500 Equal Weight Index Fund Asset Allocation

See fund asset allocation details as on (14-Aug-25)

Fund Distribution

as on (14-Aug-25)

Equity 99.8%

Debt & Cash 0.2%

Small cap
50.8%

Mid cap
29.3%

Large cap
19.6%

Mid Cap allocation has gone up from 29.2% to 29.3%
Mid Cap allocation has gone up from 29.2% to 29.3%
Large Cap allocation has gone down from 20% to 19.6%
Large Cap allocation has gone down from 20% to 19.6%
Small Cap allocation has gone up from 50.6% to 50.8%
Small Cap allocation has gone up from 50.6% to 50.8%
Cash allocation has gone up from 0.1% to 0.2%
Cash allocation has gone up from 0.1% to 0.2%

Nippon India Nifty 500 Equal Weight Index Fund Sector Allocation

See fund sector allocation details as on (14-Aug-25)

Sector Allocation

Equity 99.8%

Debt & Cash 0.2%

Industrial
19.2%
Financial Services
18.8%
Basic Materials
14.3%
Consumer Cyclical
12.3%
Health
9.7%
Tech
6.9%
Consumer Defensive
6.5%
Utilities
3.8%
Communication
3.4%
Energy
2.8%
Real Estate
2.2%

Top 3 Sectors in July were Industrial, Financial Services & Basic Materials

Jul'25

Industrial

20%

Financial Services

18%

Basic Materials

13%

Jun'25

Industrial

20%

Financial Services

18%

Basic Materials

13%

Nippon India Nifty 500 Equal Weight Index Fund Holdings Details

as on (31-Jul-25)

Equity

Top Stocks bought last month
Syrma SGS Technology Ltd's allocation increased from 0.21% to 0.28%
Syrma SGS Technology Ltd's allocation increased from 0.21% to 0.28%
Bosch Ltd's allocation increased from 0.2% to 0.26%
Bosch Ltd's allocation increased from 0.2% to 0.26%
Anand Rathi Wealth Ltd's allocation increased from 0.21% to 0.26%
Anand Rathi Wealth Ltd's allocation increased from 0.21% to 0.26%
Top Stocks sold last month
Abbott India Ltd's allocation decreased from 0.22 % to 0.22 %
Abbott India Ltd's allocation decreased from 0.22 % to 0.22 %
Raymond Lifestyle Ltd's allocation decreased from 0.24 % to 0.21 %
Raymond Lifestyle Ltd's allocation decreased from 0.24 % to 0.21 %
Himadri Speciality Chemical Ltd's allocation decreased from 0.23 % to 0.21 %
Himadri Speciality Chemical Ltd's allocation decreased from 0.23 % to 0.21 %

Nippon India Nifty 500 Equal Weight Index Fund Direct Growth Overview

Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.

Expense ratio0.35%
Benchmark
Nifty 500 Equal Weight TRI
AUM₹455 Cr
Inception Date10 September, 2024
Min Lumpsum/SIP₹1000/₹100
Exit Load0%
Lock InNo Lock-in
TurnOver
39.68%
Risk
Risk meter
pointer
Very High Risk

About Nippon India Nifty 500 Equal Weight Index Fund

Nippon India Nifty 500 Equal Weight Index Fund Direct Growth is an equity fund. This fund was started on 10 September, 2024. The fund is managed by Jitendra Tolani. The fund could potentially beat inflation in the long-run.

Key Parameters

  1. Nippon India Nifty 500 Equal Weight Index Fund Direct Growth has ₹455 Cr worth of assets under management (AUM) as on Aug 2025 and is more than category average.
  2. The fund has an expense ratio 0.4.

Returns

Nippon India Nifty 500 Equal Weight Index Fund Direct Growth has given a CAGR return of -7.80% since inception.

Holdings

Nippon India Nifty 500 Equal Weight Index Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Industrial, Financial Services, Basic Materials, Consumer Cyclical, Health, Tech, Consumer Defensive, Utilities, Communication, Energy, Real Estate. Its top holdings are Syrma SGS Technology Ltd, Laurus Labs Ltd, Anand Rathi Wealth Ltd, Bosch Ltd, Sumitomo Chemical India Ltd Ordinary Shares

Taxation

As it is a index funds mutual fund the taxation is as follows:
For short term (less than a year) capital gains will be taxed at 20%
For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefit
Dividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.

Investment objective of Nippon India Nifty 500 Equal Weight Index Fund Direct Growth

The investment objective of the scheme is to provide investment returns that commensurate to the total returns of the securities as represented by the Nifty 500 Equal Weight Index before expenses, subject to tracking errors. However, there is no assurance that the investment objective of the Scheme will be achieved.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 1000.00 and for SIP is INR 100.00. Nippon India Nifty 500 Equal Weight Index Fund Direct Growth has no lock in period.

Fund Manager

Jitendra Tolani

Fund Manager of Nippon India Nifty 500 Equal Weight Index Fund Direct Growth, since 1 February 2025

Learn more about Nippon Mutual Fund
Parameters
Jul'25
Jun'25
May'25
AUM
₹ 455.5 Cr
₹ 457.6 Cr
₹ 411.9 Cr
  • AUM of the fund stands at 455.5 Cr as of Jul'25
  • AUM decreased by 2.1 Cr between Jul'25 and Jun'25

Frequently Asked Questions for Nippon India Nifty 500 Equal Weight Index Fund Direct Growth

How do I invest in Nippon India Nifty 500 Equal Weight Index Fund?

INDmoney makes it simple to invest in the Nippon India Nifty 500 Equal Weight Index Fund. To do so, follow the steps below:
  • Download the INDmoney app.
  • Search for ‘Nippon India Nifty 500 Equal Weight Index Fund’.
  • Select whether you want to invest in SIP or lump sum.
  • Enter the amount you wish to invest.
  • Set up payments via bank mandate or UPI.

What is the current NAV of Nippon India Nifty 500 Equal Weight Index Fund?

The NAV of the fund today is ₹9.22. NAV or Net Asset Value is the per unit price of a mutual fund. For example, if the NAV of a fund is ₹10, it means you can get 1000 units of that mutual fund at ₹10,000.

Who is the fund manager of Nippon India Nifty 500 Equal Weight Index Fund?

The fund managers are Jitendra Tolani.

What is the expense ratio of the fund?

The expense ratio is 0.35%. The Expense Ratio is a fee charged for managing the fund. This includes commissions, administrative costs etc.

What is the AUM of the fund?

The AUM of the fund is ₹455 Cr. AUM stands for Assets Under Management. It refers to the total assets managed by the fund.

What are the top holdings of Nippon India Nifty 500 Equal Weight Index Fund?

The top 3 holdings of the fund are Syrma SGS Technology Ltd(0.28%), Laurus Labs Ltd(0.26%), Anand Rathi Wealth Ltd(0.26%)