November 14, 2025
RA Jainee
Nippon India Nifty 500 Equal Weight Index Fund details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by sahifund.com
NAV Growth: ₹ 9.5982
NAV IDCW: ₹ 9.5982
Suitable For Which Investors?
When you invest for five years or more, you can expect gains that comfortably beat the inflation rate as well as returns from fixed income options. But be prepared for ups and downs in your investment value along the way.
This fund is mandated to invest at least 25 per cent of its money each in stocks of large, medium and small-sized companies. Such funds can be fairly volatile since at least 50% of their assets will always be invested in mid and small cap stocks which generally experience more severe ups and downs. This makes them suitable for long-term investors who don’t mind higher risk, but we suggest you also consider flexi-cap funds which offer complete freedom to fund managers to choose companies of different sizes.
Like for all equity funds, you must invest only through the SIP route.
Fund’s Investment Strategy:
The scheme seeks 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.
Fund Manager:
1) Jitendra Tolani
Education: MBA (FINANCE)
Experience: Prior to joining Nippon Mutual Fund, he was working with Motilal Oswal Financial Services Ltd, Asit C Mehta Investment Interrmediaries Ltd.
Investment Details
| Min. Investment (₹) | 1,000 |
| Min. Addl Investment (₹) | 1,000 |
| Min. SIP Investment (₹) | 100 |
| Min. Withdrawal (₹) | 100 |
| Min. No of Cheques | 60 |
| Min. Balance (₹) | — |
| Lock-in Period | NA |
| Exit Load | 0 |
Basic Details of Nippon India Nifty 500 Equal Weight Index Fund
| Fund House | Nippon India Mutual Fund |
| Launch Date | 10-Sep-24 |
| Return Since Launch | -3.44% |
| Benchmark | Nifty 500 Equal Weight TRI |
| Riskometer | Very High |
| Type | Open-ended |
| Assets | ₹ 453 Cr |
| (As on 31-Oct-2025) | |
| Expense | 0.35% |
| (As on 31-Oct-2025) | |
| Risk Grade | — |
| Return Grade | — |
| Turnover | 55.00% |
Trailing Returns (%)
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| Nippon India Nifty 500 Equal Weight Index Dir | 2.20 | 0.71 | 0.63 | 4.39 | 9.29 | 3.62 | — | — | — | — |
| VR Multicap TRI | 4.43 | 0.67 | 1.88 | 5.46 | 7.82 | 5.75 | — | — | — | — |
| Equity: Multi Cap | 4.16 | 0.60 | 1.59 | 5.17 | 8.34 | 6.16 | — | — | — | — |
| Rank within category | 29 | 9 | 31 | 30 | 15 | 27 | — | — | — | — |
| Number of funds in category | 34 | 37 | 37 | 37 | 35 | 33 | 15 | 0 | 0 | 0 |
Peer Comparison of Nippon India Nifty 500 Equal Weight Index Fund
| Rating | 1 Year Returns | 3 Year Returns | 5 Year Returns | Expense Ratio (%) | Net Assets (Rs Cr) | Return Since Launch (%) | Exit Load (Days) | Fund Age | Turnover (%) | |
| Nippon India Nifty 500 Equal Weight Index Dir | Unrated | 3.62 | — | — | 0.35 | 453 | -3.44 | — | 1Y 2M | 55.00 |
| HDFC Nifty500 Multicap 50:25:25 Index Dir | Unrated | 6.42 | — | — | 0.30 | 449 | 1.14 | — | 1Y 2M | 35.28 |
| Edelweiss Nifty500 Multicap Momentum Quality 50 Index Dir | Unrated | -5.09 | — | — | 0.37 | 420 | -5.65 | — | 1Y | — |
| Nippon India Multi Cap Dir | 5 star | 6.22 | 22.79 | 29.24 | 0.71 | 49,314 | 16.87 | 1.00 (365) | 12Y 10M | 22.00 |
| Kotak Multicap Dir | 4 star | 8.79 | 24.79 | — | 0.43 | 21,541 | 20.12 | 1.00 (365) | 4Y 1M | 41.78 |
Portfolio Analysis of Nippon India Nifty 500 Equal Weight Index Fund
| No. of Stocks | 502 |
| Top 10 Stocks | 2.47% |
| Top 5 Stocks | 1.27% |
| Top 3 Sectors | 49.93% |
| Portfolio P/B Ratio | 3.72 |
| Portfolio P/E Ratio | 25.77 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 40,861 | 94,344 |
| Giant (%) | 11.94 | 34.27 |
| Large (%) | 17.97 | 20.44 |
| Mid (%) | 57.35 | 34.50 |
| Small (%) | 12.73 | 10.78 |
| Tiny (%) | — | 0.12 |
Chanakya’s Mutual Fund Guidance For Nippon Nifty 500 Equal Weight Index Fund
WILL POST SOON
Disclaimer: Mutual fund investments are subject to market risks. Read all scheme related documents carefully
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