Question 1

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

Accepted Answer

The current Net Asset Value (NAV) of the Nippon India Nifty 500 Equal Weight Index Fund - Direct Growth plan is approximately ₹8.8723 as of Feb 02, 2026.

Question 2

What are the returns of this mutual fund scheme?

Accepted Answer

The Nippon India Nifty 500 Equal Weight Index Fund Direct-Growth is a 1 yrs 5 m old fund and has delivered average annual returns of -7.77% since inception.

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

1-Year	Since Inception
2.64%	-7.77%

Question 3

How much does this mutual fund charge as expense ratio?

Accepted Answer

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.

Question 4

What is the AUM or fund size of this mutual fund?

Accepted Answer

The Nippon India Nifty 500 Equal Weight Index Fund currently has assets under management (AUM) or fund size valued at approximately 425 Cr as on Dec 31, 2025.

Question 5

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

Accepted Answer

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

Company	Percentage of Portfolio
Graphite India Ltd.	0.22%
HEG Ltd.	0.22%
Force Motors Ltd.	0.22%
HFCL Ltd.	0.22%
Hindustan Copper Ltd.	0.22%
Bank of Maharashtra	0.22%
Authum Investment & Infrastructure Ltd.	0.22%
Steel Authority Of India Ltd.	0.22%
Craftsman Automation Ltd.	0.21%
Inox India Ltd.	0.21%

Question 6

What are the top sectors Nippon India Nifty 500 Equal Weight Index Fund has invested in?

Accepted Answer

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

Company	Percentage of Portfolio
Graphite India Ltd.	0.22%
HEG Ltd.	0.22%
Force Motors Ltd.	0.22%
HFCL Ltd.	0.22%
Hindustan Copper Ltd.	0.22%
Bank of Maharashtra	0.22%
Authum Investment & Infrastructure Ltd.	0.22%
Steel Authority Of India Ltd.	0.22%
Craftsman Automation Ltd.	0.21%
Inox India Ltd.	0.21%

Question 7

What is risk level of Nippon India Nifty 500 Equal Weight Index Fund?

Accepted Answer

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

Question 8

Is there any lock-in period in this mutual fund?

Accepted Answer

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

Question 9

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

Accepted Answer

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:

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

For the Mobile Version:

Click on the "Invest on App" button at the bottom to download the app.
Once the app is downloaded:
Sign-up and complete your one time KYC process, or log in if you're already registered.
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.
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.

Question 10

How can I redeem my investments in Nippon India Nifty 500 Equal Weight Index Fund?

Accepted Answer

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.

Expense ratio	0.35% as on Feb 02, 2026
Exit load	0%
AUM (Fund size)	₹425 Cr
Lock-in Period	Nil
Age	1 yrs 5 m since Aug 21, 2024
Benchmark	Nifty 500 Equal Weight TRI
Min. investment	SIP: ₹500 & Lumpsum: ₹1000
Risk	Very High
Short term capital gains (STCG)	Returns taxed at 20% if you redeem before 1 year
Long term capital gains (LTCG)	After 1 year, returns above ₹1.25 lakh in a financial year are taxed at 12.5%

Period	This fund	Category average
1 Month	-6.97%	-10.44%
3 Months	-8.49%	-14.35%
6 Months	-5.35%	-12.37%
1 Year	2.64%	-4.84%

Fund name	1M	6M	1Y	3Y	5Y	10Y
Nippon India Nifty 500 Equal Weight Index Fund	-6.97%	-5.35%	2.64%	N.A.	N.A.	N.A.
Motilal Oswal Nifty Smallcap 250 Index Fund	-7.93%	-8.81%	-0.7%	19.4%	19.35%	13.02%
Nippon India Nifty Smallcap 250 Index Fund	-7.91%	-8.87%	-1.52%	18.93%	19.13%	11.88%
Kotak Nifty Smallcap 50 Index Fund	-7.69%	-7.11%	0.76%	22.5%	12.95%	6.28%
HDFC NIFTY Smallcap 250 Index Fund	-7.93%	-8.9%	-0.98%	19.15%	11.09%	5.4%
Motilal Oswal Nifty Microcap 250 Index Fund	-8.18%	-11.71%	-7.36%	14.89%	8.68%	4.25%

Fund name	Std. deviation	Beta	Sharpe	Sortino
Nippon India Nifty 500 Equal Weight Index Fund	N.A.	N.A.	N.A.	N.A.
Motilal Oswal Nifty Smallcap 250 Index Fund	19.88	1.02	0.7	1.06
Nippon India Nifty Smallcap 250 Index Fund	19.76	1.02	0.68	1.04
Kotak Nifty Smallcap 50 Index Fund	N.A.	N.A.	N.A.	N.A.
HDFC NIFTY Smallcap 250 Index Fund	N.A.	N.A.	N.A.	N.A.
Motilal Oswal Nifty Microcap 250 Index Fund	N.A.	N.A.	N.A.	N.A.

Fund name	ETM Rank	AUM	Fund age	Expense ratio
Nippon India Nifty 500 Equal Weight Index Fund	N.A.	425 Cr	1 yrs 5 m	0.35%
Motilal Oswal Nifty Smallcap 250 Index Fund	N.A.	1,021 Cr	6 yrs 5 m	0.33%
Nippon India Nifty Smallcap 250 Index Fund	N.A.	2,681 Cr	5 yrs 4 m	0.35%
Kotak Nifty Smallcap 50 Index Fund	N.A.	181 Cr	2 yrs 10 m	0.2%
HDFC NIFTY Smallcap 250 Index Fund	N.A.	565 Cr	2 yrs 9 m	0.3%
Motilal Oswal Nifty Microcap 250 Index Fund	N.A.	2,626 Cr	2 yrs 7 m	0.53%

Nippon India Nifty 500 Equal Weight Index Fund Direct-Growth

Historical NAV & returns

Nippon India Nifty 500 Equal Weight Index Fund overview

Nippon India Nifty 500 Equal Weight Index Fund Returns calculator

Trailing returns as on Feb 03, 2026

Asset allocationas on Dec 31, 2025

Peer comparison

Key risk & return ratios Compared to other funds in the category

About this fund

About Nippon India Nifty 500 Equal Weight Index Fund

Fund managers

Investment objective

Nippon India Mutual Fund details

More funds from Nippon India Mutual Fund

Frequently asked questions

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

ET Money rank

Fund AUM	425 Cr as on Dec 31, 2025
Scheme document	View Scheme Document

No. of schemes	71 view all schemes
Total AUM	7,11,598 Cr as on Dec 31, 2025
Address	30th Floor, One Lodha Place Senapati Bapat Marg, Lower Parel Mumbai Mumbai, 400013
Phone	+91 022 6808 7000

Fund name	ETM Rank	AUM	1Y	5Y
Nippon India Small Cap Fund	N.A.	68,287 Cr	1.4%	25.53%
Nippon India Power & Infra Fund	N.A.	7,117 Cr	7.56%	24.46%
Nippon India Growth Mid Cap Fund	N.A.	42,124 Cr	10.98%	23.3%
Nippon India Multi Cap Fund	N.A.	50,352 Cr	7.1%	23.11%
Nippon India Value Fund	N.A.	9,153 Cr	8.17%	19.85%
Nippon India Nifty Midcap 150 Index Fund	N.A.	2,153 Cr	8.75%	N.A.

Sector	Percentage of Portfolio
Financial	15.299999999999992%
Healthcare	10.37%
Capital Goods	10.31%
Services	10.159999999999998%
Energy	6.830000000000003%
Consumer Staples	6.760000000000004%
Automobile	6.640000000000002%
Metals & Mining	5.5100000000000025%
Chemicals	5.380000000000003%
Technology	5.0900000000000025%