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Nippon India Nifty 500 Equal Weight Index FundIndex Fundβ‚Ή9.84as of 2026-07-31
Expense0.35%RiskModerately High
Nippon IndiaIndex FundIndex Fund496 HoldingsModerately High
AUM
β‚Ή363 CrAssets Under Management
Expense Ratio
0.35%Very Low Β· Annual fee charged
Top Sector
FinanceHighest portfolio allocation

🎯Investment Objective

β€œThe fund employs a passive investment approach designed to track the performance of Nifty 500 Equal Weight TRI The fund seeks to achieve this goal by investing in securities constituting the Nifty 500 Equal Weight Index in same proportion as in the index”

Source: Nippon India Nifty 500 Equal Weight Index Fund scheme information document

πŸ’‘The investment objective is the fund's stated purpose. A fund promising β€œcapital appreciation through equity investments” behaves very differently from one promising β€œregular income through debt instruments.”

Asset Allocation

Equity96.1%
Equity96.1%
Fixed Income/Cash3.3%

Quarterly comparison data not available.

This fund has over 80% in equity, it's an aggressive allocation. Expect significant volatility but potentially higher long-term returns.

Asset Allocation - The Single Most Important Investment Decision β†’

Sector Allocation

Finance
7.9%
β†’
Pharmaceuticals & Biotechnology
7.5%
β†’
Industrial Products
6.0%
Banks
6.0%
β†’
Auto Components
4.4%
β†’
Others
64.4%

βœ… Well-diversified, no sector dominates, with the top 3 at just 21.4%. This spread reduces sector-specific risk.

Learn how different sectors behave across market cycles β†’

Holdings-Based Style Box

Value
Blend
Growth
Large
Mid
Small

This fund sits in the Mid-Blend quadrant based on its holdings characteristics.

The fund primarily holds mid-cap stocks (ranked 101–250 by market cap) β€” offering a balance of growth potential and relative stability. The β€˜Blend’ position means the portfolio mixes both value and growth stocks β€” a balanced approach.

πŸ“– What do Large/Mid/Small Cap mean? β†’

Key Metrics

AUM
β‚Ή363 CrCategory avg: β‚Ή5,000 Cr
⚠Smaller fund
πŸ’‘ A smaller fund with β‚Ή363 Cr in assets. Smaller funds may face higher impact costs but can be more nimble in small/mid-cap strategies.
Expense Ratio
0.35%Category avg: 0.82%
βœ“Below average
πŸ’‘ This fund charges less than most peers. On a β‚Ή10L investment, you save ~β‚Ή4,700/year vs. the average fund.
Alpha
Data not available
Beta
-1.52Category avg: 1.00
βœ“Below average
πŸ’‘ Less volatile than the market. When Nifty falls 10%, this fund historically falls ~-15.2%.
Sharpe Ratio
6.16Category avg: 0.80
βœ“Below average
πŸ’‘ Good risk-adjusted returns β€” earning 6.16 units of return for every unit of risk taken.
Std Deviation
58.5%Category avg: 14%
⚠Above average
πŸ’‘ More volatile than peers β€” expect bigger swings in both directions.
Max Drawdown
Data not available

Fund DNA

Fund DNA analysis is not available yet, data enrichment pending.

Portfolio Holdings

Holdings data is not available for this fund.

Holdings Overlap with Your Portfolio

Checking for overlaps...

Investment Calculator

Estimate future value based on Nippon India Nifty 500 Equal Weight Index Fund's historical returns

1102030
Invested
β‚Ή6.00 L
Est. Value
β‚Ή8.25 L
Wealth
β‚Ή2.25 L
1.4Γ— in 5yr
Growth ProjectionNippon India Nifty… vs NIFTY 50

⚠️ Important Disclaimer

This projection uses past returns (12% CAGR) which do NOT guarantee future performance. Actual returns may vary significantly.

πŸ’‘ Why SIP works: Investing β‚Ή10,000/month uses rupee cost averaging, buying more units when markets dip. Over 5 years, this smooths out volatility.

πŸ“– SIP Β· πŸ“– XIRR Β· πŸ“– RCA

Returns

1M3M6M1Y3Y CAGR5Y CAGR
+0.8714999025970727%+21.610630407911003%----

Performance

This chart shows the fund's NAV growth over time.

What is CAGR and how is return calculated? β†’

πŸ‘€Fund Manager

Fund manager information is not available for this fund.

All mutual fund data is for educational purposes only. Past performance does not guarantee future returns. Mutual fund investments are subject to market risks. Read all scheme-related documents carefully before investing. Equiscale does not provide investment advice.