Nippon India Nifty 500 Equal Weight Index Fund Direct-Growth

The current Net Asset Value (NAV) of the Nippon India Nifty 500 Equal Weight Index Fund - Direct Growth plan is approximately ₹9.571 as of Oct 20, 2025.

The Nippon India Nifty 500 Equal Weight Index Fund Direct-Growth is a 1 yrs 2 m old fund and has delivered average annual returns of -2.99% since inception.

Nippon India Nifty 500 Equal Weight Index Fund Direct-Growth Returns

The Nippon India Nifty 500 Equal Weight Index Fund - Direct Growth has an expense ratio of 0.35%, representing the annual cost of managing and operating the fund. This fee is deducted from the fund's AUM while declaring the daily NAV, reducing investor returns.

The Nippon India Nifty 500 Equal Weight Index Fund currently has assets under management (AUM) or fund size valued at approximately 431 Cr as on Sep 30, 2025.

The Nippon India Nifty 500 Equal Weight Index Fund has invested the majority of its money in the stocks of the following companies -

The Nippon India Nifty 500 Equal Weight Index Fund has primarily invested in the following sectors

This is a Small Cap Index fund comes with Very High risk.

No, this fund does not have any lock-in period.

It is very fast, easy, and completely paperless in this mutual fund scheme on ET Money. The whole process takes just a few minutes. Here's how it works:

For the Desktop Version:

1. Click on the "Invest Now" button at the top right, then scan the QR code to download the app.

For the Mobile Version:

1. Click on the "Invest on App" button at the bottom to download the app.
2. Once the app is downloaded:
3. Sign-up and complete your one time KYC process, or log in if you're already registered.
4. Search for Nippon India Nifty 500 Equal Weight Index Fund - Direct Growth, select your investment mode (lump sum or SIP), and enter the investment amount.
5. Provide the required details, including the bank account you'll use for payment, and confirm your investment.

That's it. Your investment in the Nippon India Nifty 500 Equal Weight Index Fund is complete.

Redeeming your investments in the Nippon India Nifty 500 Equal Weight Index Fund is simple. If you have invested via ET Money, just log in to the app, go to the holdings section, and submit the redemption request.

If you have invested from anywhere else, you can go to the fund house website and put a request through it.