How to Invest in Nippon India Nifty 500 Equal Weight Index Fund Direct Growth?

You can easily invest in Nippon India Nifty 500 Equal Weight Index Fund Direct Growth in a hassle-free manner on Groww. The process is extremely simple, quick and completely paperless. Invest in a few minutes with the following steps: Log on to your Groww account Search for Nippon India Nifty 500 Equal Weight Index Fund Direct Growth from the search box In order to invest, you will have to complete all the KYC formalities which are completely online and paperless and take a few minutes to complete Once you are done with that, you can start investing in Nippon India Nifty 500 Equal Weight Index Fund Direct Growth as SIP or lumpsum as per your investment objective and risk tolerance

What kind of returns does Nippon India Nifty 500 Equal Weight Index Fund Direct Growth provide?

The Nippon India Nifty 500 Equal Weight Index Fund Direct Growth has been there from 10 Sep 2024 and the average annual returns provided by this fund is -0.58% since its inception.

How much expense ratio is charged by Nippon India Nifty 500 Equal Weight Index Fund Direct Growth?

The term Expense Ratio used for Nippon India Nifty 500 Equal Weight Index Fund Direct Growth or any other mutual fund is the annual charges one needs to pay to the Mutual Fund company for managing your investments in that fund. The Expense Ratio of Nippon India Nifty 500 Equal Weight Index Fund Direct Growth is 0.53% as of 04 Sep 2026...

What is the PE and PB ratio of Nippon India Nifty 500 Equal Weight Index Fund Direct Growth?

The PE ratio ratio of Nippon India Nifty 500 Equal Weight Index Fund Direct Growth is determined by dividing the market price by its earnings per share and the PB ratio of the same is evaluated by dividing the stock price per share by its book value per share (BVPS).

Nippon India Nifty 500 Equal Weight Index Fund Direct Growth

Name: Nippon India Nifty 500 Equal Weight Index Fund Direct Growth
Brand: Nippon India Mutual Fund

Equity

Multi Cap

Very High Risk

All

NAV: 03 Sep '26

₹9.94

Min. for SIP

₹100

Fund size (AUM)

₹517.73 Cr

Expense ratio

0.53%

Rating

Return calculator

Monthly investment

₹5,000

Over the past	Total investment	Would've become	Returns
3 months	₹15,000	₹14,971	-0.19%
6 months	₹30,000	₹31,378	+4.59%
1 year	₹60,000	₹63,291	+5.49%

Holdings (502)

Name	Sector	Instruments	Assets
Repo	Unspecified	Repo	2.19%
HEG Ltd	Industrials	Equity	0.24%
Mahindra & Mahindra Financial Services Ltd	Financial	Equity	0.24%
Ramkrishna Forgings Ltd	Materials	Equity	0.24%
TVS Motor Company Ltd	Consumer Discretionary	Equity	0.24%
Laurus Labs Ltd	Healthcare	Equity	0.24%
Action Construction Equipment Ltd	Industrials	Equity	0.23%
Atul Ltd	Materials	Equity	0.23%
Bajaj Finance Ltd	Financial	Equity	0.23%
Bajaj Auto Ltd	Consumer Discretionary	Equity	0.23%
Balkrishna Industries Ltd	Consumer Discretionary	Equity	0.23%
Chennai Petroleum Corporation Ltd	Energy & Utilities	Equity	0.23%
Divi's Laboratories Ltd	Healthcare	Equity	0.23%
Firstsource Solutions Ltd	Industrials	Equity	0.23%
Gabriel India Ltd	Consumer Discretionary	Equity	0.23%
HCL Technologies Ltd	Technology	Equity	0.23%
Himadri Speciality Chemical Ltd	Materials	Equity	0.23%
IIFL Finance Ltd	Financial	Equity	0.23%
Karur Vysya Bank Ltd	Financial	Equity	0.23%
Lloyds Metals and Energy Ltd	Materials	Equity	0.23%
Manappuram Finance Ltd	Financial	Equity	0.23%
Coforge Ltd	Technology	Equity	0.23%
PVR Ltd	Consumer Discretionary	Equity	0.23%
Redington Ltd	Technology	Equity	0.23%
Tech Mahindra Ltd	Technology	Equity	0.23%
Zee Entertainment Enterprises Ltd	Consumer Discretionary	Equity	0.23%
Indian Energy Exchange Ltd	Financial	Equity	0.23%
Gujarat Fluorochemicals Ltd	Materials	Equity	0.23%
Kalyan Jewellers India Ltd	Consumer Discretionary	Equity	0.23%
Sona BLW Precision Forgings Ltd	Consumer Discretionary	Equity	0.23%
Piramal Pharma Ltd	Healthcare	Equity	0.23%
Kaynes Technology India Ltd	Industrials	Equity	0.23%
R R Kabel Ltd.	Industrials	Equity	0.23%
Hyundai Motor India Ltd.	Consumer Discretionary	Equity	0.23%
Anant Raj Ltd	Real Estate	Equity	0.22%
Ashok Leyland Ltd	Industrials	Equity	0.22%
Astral Ltd	Industrials	Equity	0.22%
Bajaj Finserv Ltd	Financial	Equity	0.22%
Bajaj Holdings & Investment Ltd	Financial	Equity	0.22%
Berger Paints India Ltd	Materials	Equity	0.22%
Container Corporation Of India Ltd	Industrials	Equity	0.22%
Crisil Ltd	Industrials	Equity	0.22%
eClerx Services Ltd	Technology	Equity	0.22%
Eicher Motors Ltd	Consumer Discretionary	Equity	0.22%
Exide Industries Ltd	Consumer Discretionary	Equity	0.22%
The Federal Bank Ltd	Financial	Equity	0.22%
Glaxosmithkline Pharmaceuticals Ltd	Healthcare	Equity	0.22%
Havells India Ltd	Consumer Discretionary	Equity	0.22%
Hero Motocorp Ltd	Consumer Discretionary	Equity	0.22%
Jaiprakash Power Ventures Ltd	Energy & Utilities	Equity	0.22%
Jindal Steel & Power Ltd	Materials	Equity	0.22%
LT Foods Ltd	Consumer Staples	Equity	0.22%
Mahindra & Mahindra Ltd	Consumer Discretionary	Equity	0.22%
Mangalore Refinery & Petrochemicals Ltd	Energy & Utilities	Equity	0.22%
Samvardhana Motherson International Ltd	Consumer Discretionary	Equity	0.22%
PI Industries Ltd	Materials	Equity	0.22%
Punjab National Bank	Financial	Equity	0.22%
Radico Khaitan Ltd	Consumer Staples	Equity	0.22%
Saregama India Ltd	Consumer Discretionary	Equity	0.22%
Siemens Ltd	Diversified	Equity	0.22%
Tata Consultancy Services Ltd	Technology	Equity	0.22%
Titan Company Ltd	Consumer Discretionary	Equity	0.22%
United Spirits Ltd	Consumer Staples	Equity	0.22%
Persistent Systems Ltd	Technology	Equity	0.22%
CreditAccess Grameen Ltd	Financial	Equity	0.22%
IDFC First Bank Ltd	Financial	Equity	0.22%
L&T Technology Services Ltd	Technology	Equity	0.22%
LTIMindtree Ltd	Technology	Equity	0.22%
Dr. Lal Pathlabs Ltd	Healthcare	Equity	0.22%
KPIT Technologies Ltd	Technology	Equity	0.22%
Macrotech Developers Ltd	Real Estate	Equity	0.22%
Craftsman Automation Ltd	Consumer Discretionary	Equity	0.22%
Global Health Ltd	Healthcare	Equity	0.22%
Jio Financial Services Limited	Financial	Equity	0.22%
Concord Biotech Ltd.	Healthcare	Equity	0.22%
TBO Tek Ltd.	Consumer Discretionary	Equity	0.22%
Emcure Pharmaceuticals Ltd.	Healthcare	Equity	0.22%
Swiggy Ltd.	Technology	Equity	0.22%
Anthem Biosciences Ltd.	Healthcare	Equity	0.22%
ABB India Ltd	Industrials	Equity	0.21%
Aarti Industries Ltd	Materials	Equity	0.21%
Abbott India Ltd	Healthcare	Equity	0.21%
Aegis Logistics Ltd	Energy & Utilities	Equity	0.21%
Ajanta Pharma Ltd	Healthcare	Equity	0.21%
Amara Raja Batteries Ltd	Consumer Discretionary	Equity	0.21%
Apar Industries Ltd	Diversified	Equity	0.21%
Asian Paints Ltd	Materials	Equity	0.21%
Aurobindo Pharma Ltd	Healthcare	Equity	0.21%
Bata India Ltd	Consumer Discretionary	Equity	0.21%
Bayer CropScience Ltd	Materials	Equity	0.21%
Bharat Forge Ltd	Consumer Discretionary	Equity	0.21%
Bharat Petroleum Corporation Ltd	Energy & Utilities	Equity	0.21%
Bharti Airtel Ltd	Technology	Equity	0.21%
APL Apollo Tubes Ltd	Industrials	Equity	0.21%
Blue Dart Express Ltd	Industrials	Equity	0.21%
Brigade Enterprises Ltd	Real Estate	Equity	0.21%
Britannia Industries Ltd	Consumer Staples	Equity	0.21%
CESC Ltd	Energy & Utilities	Equity	0.21%
Choice International Ltd	Financial	Equity	0.21%
Cholamandalam Investment & Finance Company Ltd	Financial	Equity	0.21%
Cipla Ltd	Healthcare	Equity	0.21%
Colgate-Palmolive (India) Ltd	Consumer Staples	Equity	0.21%
Escorts Kubota Ltd	Industrials	Equity	0.21%
Force Motors Ltd	Industrials	Equity	0.21%
GAIL (India) Ltd	Energy & Utilities	Equity	0.21%
Godfrey Phillips India Ltd	Consumer Staples	Equity	0.21%
Graphite India Ltd	Industrials	Equity	0.21%
Hindustan Aeronautics Ltd	Industrials	Equity	0.21%
Hindustan Zinc Ltd	Materials	Equity	0.21%
Akzo Nobel India Ltd	Materials	Equity	0.21%
IFCI Ltd	Financial	Equity	0.21%
ICICI Bank Ltd	Financial	Equity	0.21%
The India Cements Ltd	Materials	Equity	0.21%
Indian Oil Corporation Ltd	Energy & Utilities	Equity	0.21%
Indusind Bank Ltd	Financial	Equity	0.21%
Info Edge (India) Ltd	Technology	Equity	0.21%
Infosys Ltd	Technology	Equity	0.21%
ITC Ltd	Consumer Staples	Equity	0.21%
Jindal Stainless Ltd	Materials	Equity	0.21%
JK Cement Ltd	Materials	Equity	0.21%
JSW Steel Ltd	Materials	Equity	0.21%
Birlasoft Ltd	Technology	Equity	0.21%
Kotak Mahindra Bank Ltd	Financial	Equity	0.21%
Larsen & Toubro Ltd	Industrials	Equity	0.21%
MRF Ltd	Consumer Discretionary	Equity	0.21%
Marico Ltd	Consumer Staples	Equity	0.21%
Maruti Suzuki India Ltd	Consumer Discretionary	Equity	0.21%
UNO Minda Ltd	Consumer Discretionary	Equity	0.21%
Muthoot Finance Ltd	Financial	Equity	0.21%
Nestle India Ltd	Consumer Staples	Equity	0.21%
PTC Industries Ltd	Materials	Equity	0.21%
Petronet LNG Ltd	Energy & Utilities	Equity	0.21%
Pfizer Ltd	Healthcare	Equity	0.21%
Pidilite Industries Ltd	Materials	Equity	0.21%
Poly Medicure Ltd	Healthcare	Equity	0.21%
Power Finance Corporation Ltd	Financial	Equity	0.21%
Prime Focus Ltd	Consumer Discretionary	Equity	0.21%
Reliance Industries Ltd	Energy & Utilities	Equity	0.21%
REC Ltd	Financial	Equity	0.21%
Sarda Energy & Minerals Ltd	Materials	Equity	0.21%
Shipping Corporation Of India Ltd	Industrials	Equity	0.21%
Shriram Transport Finance Company Ltd	Financial	Equity	0.21%
Sonata Software Ltd	Technology	Equity	0.21%
State Bank of India	Financial	Equity	0.21%
Steel Authority Of India Ltd	Materials	Equity	0.21%
Sun Pharmaceutical Industries Ltd	Healthcare	Equity	0.21%
Sun TV Network Ltd	Consumer Discretionary	Equity	0.21%
Sundaram Finance Ltd	Financial	Equity	0.21%
Supreme Industries Ltd	Materials	Equity	0.21%
TATA CAPITAL LIMITED EQ	Financial	Equity	0.21%
Tata Investment Corporation Ltd	Financial	Equity	0.21%
Tata Motors Ltd	Consumer Discretionary	Equity	0.21%
Torrent Pharmaceuticals Ltd	Healthcare	Equity	0.21%
Trent Ltd	Consumer Discretionary	Equity	0.21%
Ultratech Cement Ltd	Materials	Equity	0.21%
United Breweries Ltd	Consumer Staples	Equity	0.21%
UPL Ltd	Materials	Equity	0.21%
ZF Commercial Vehicle Control Systems India Ltd	Consumer Discretionary	Equity	0.21%
Whirlpool Of India Ltd	Consumer Discretionary	Equity	0.21%
Wipro Ltd	Technology	Equity	0.21%
Wockhardt Ltd	Healthcare	Equity	0.21%
Oil India Ltd	Energy & Utilities	Equity	0.21%
Jubilant FoodWorks Ltd	Consumer Discretionary	Equity	0.21%
Indiabulls Housing Finance Ltd	Financial	Equity	0.21%
Jupiter Wagons Ltd	Industrials	Equity	0.21%
PG Electroplast Ltd	Industrials	Equity	0.21%
Schneider Electric Infrastructure Ltd	Energy & Utilities	Equity	0.21%
Minda Corporation Ltd	Consumer Discretionary	Equity	0.21%
Aditya Birla Fashion and Retail Ltd	Consumer Discretionary	Equity	0.21%
Alkem Laboratories Ltd	Healthcare	Equity	0.21%
Authum Investment & Infrastructure Ltd	Financial	Equity	0.21%
Interglobe Aviation Ltd	Industrials	Equity	0.21%
Endurance Technologies Ltd	Consumer Discretionary	Equity	0.21%
BLS International Services Ltd	Technology	Equity	0.21%
Narayana Hrudayalaya Ltd	Healthcare	Equity	0.21%
Aditya Birla Capital Ltd	Financial	Equity	0.21%
ICICI Prudential Life Insurance Company Ltd	Financial	Equity	0.21%
Cochin Shipyard Ltd	Industrials	Equity	0.21%
SBI Life Insurance Company Ltd	Financial	Equity	0.21%
Dixon Technologies (India) Ltd	Consumer Discretionary	Equity	0.21%
Aster DM Healthcare Ltd	Healthcare	Equity	0.21%
Dalmia Bharat Ltd	Materials	Equity	0.21%
IIFL Wealth Management Ltd	Financial	Equity	0.21%
Affle (India) Ltd	Industrials	Equity	0.21%
SBI Cards & Payments Services Ltd	Financial	Equity	0.21%
Computer Age Management Services Ltd	Financial	Equity	0.21%
Jubilant Ingrevia Ltd	Materials	Equity	0.21%
Zomato Ltd	Technology	Equity	0.21%
Devyani International Ltd	Consumer Discretionary	Equity	0.21%
FSN E-Commerce Ventures Ltd	Consumer Discretionary	Equity	0.21%
PB Fintech Ltd	Financial	Equity	0.21%
Sapphire Foods India Ltd	Consumer Discretionary	Equity	0.21%
LatentView Analytics Ltd	Technology	Equity	0.21%
Data Patterns (India) Ltd	Industrials	Equity	0.21%
Motherson Sumi Wiring India Ltd	Industrials	Equity	0.21%
Rainbow Childrens Medicare Ltd	Healthcare	Equity	0.21%
Paradeep Phosphates Ltd	Materials	Equity	0.21%
KFin Technologies Ltd	Financial	Equity	0.21%
Netweb Technologies India Ltd.	Technology	Equity	0.21%
Blue Jet Healthcare Ltd.	Healthcare	Equity	0.21%
Jyoti CNC Automation Ltd.	Industrials	Equity	0.21%
Indegene Ltd.	Healthcare	Equity	0.21%
Sagility India Ltd.	Industrials	Equity	0.21%
Sai Life Sciences Ltd.	Healthcare	Equity	0.21%
International Gemmological Institute (India) Ltd.	Consumer Discretionary	Equity	0.21%
Ather Energy Ltd.	Consumer Discretionary	Equity	0.21%
Belrise Industries Ltd.	Consumer Discretionary	Equity	0.21%
Aegis Vopak Terminals Ltd.	Energy & Utilities	Equity	0.21%
Jain Resource Recycling Ltd.	Materials	Equity	0.21%
Tata Motors Ltd	Industrials	Equity	0.21%
Lenskart Solutions Ltd.	Consumer Discretionary	Equity	0.21%
ACC Ltd	Materials	Equity	0.20%
Trident Ltd	Consumer Discretionary	Equity	0.20%
AIA Engineering Ltd	Industrials	Equity	0.20%
Ambuja Cements Ltd	Materials	Equity	0.20%
Apollo Hospitals Enterprise Ltd	Healthcare	Equity	0.20%
Apollo Tyres Ltd	Consumer Discretionary	Equity	0.20%
GE T&D India Ltd	Industrials	Equity	0.20%
Balrampur Chini Mills Ltd	Consumer Staples	Equity	0.20%
Bank Of Baroda	Financial	Equity	0.20%
Bank of India	Financial	Equity	0.20%
Bank of Maharashtra	Financial	Equity	0.20%
Bharat Heavy Electricals Ltd	Industrials	Equity	0.20%
Biocon Ltd	Healthcare	Equity	0.20%
Blue Star Ltd	Industrials	Equity	0.20%
Bombay Burmah Trading Corporation Ltd	Consumer Staples	Equity	0.20%
Bosch Ltd	Consumer Discretionary	Equity	0.20%
Zydus Lifesciences Ltd	Healthcare	Equity	0.20%
Canara Bank	Financial	Equity	0.20%
Carborundum Universal Ltd	Materials	Equity	0.20%
Castrol India Ltd	Materials	Equity	0.20%
Central Bank of India	Financial	Equity	0.20%
Century Textiles & Industries Ltd	Materials	Equity	0.20%
Chambal Fertilisers & Chemicals Ltd	Materials	Equity	0.20%
Coal India Ltd	Materials	Equity	0.20%
Coromandel International Ltd	Materials	Equity	0.20%
Cummins India Ltd	Industrials	Equity	0.20%
DCM Shriram Ltd	Materials	Equity	0.20%
Dabur India Ltd	Consumer Staples	Equity	0.20%
Deepak Fertilisers & Petrochemicals Corporation Ltd	Materials	Equity	0.20%
Deepak Nitrite Ltd	Materials	Equity	0.20%
DLF Ltd	Real Estate	Equity	0.20%
EID-Parry (India) Ltd	Materials	Equity	0.20%
EIH Ltd	Consumer Discretionary	Equity	0.20%
Elgi Equipments Ltd	Industrials	Equity	0.20%
Engineers India Ltd	Industrials	Equity	0.20%
Schaeffler India Ltd	Industrials	Equity	0.20%
Fertilisers & Chemicals Travancore Ltd	Materials	Equity	0.20%
Fortis Healthcare Ltd	Healthcare	Equity	0.20%
Gillette India Ltd	Consumer Staples	Equity	0.20%
Glenmark Pharmaceuticals Ltd	Healthcare	Equity	0.20%
Godawari Power & Ispat Ltd	Materials	Equity	0.20%
Godrej Consumer Products Ltd	Consumer Staples	Equity	0.20%
Godrej Industries Ltd	Diversified	Equity	0.20%
Godrej Properties Ltd	Real Estate	Equity	0.20%
Olectra Greentech Ltd	Industrials	Equity	0.20%
Grasim Industries Ltd	Materials	Equity	0.20%
Gujarat Mineral Development Corporation Ltd	Materials	Equity	0.20%
HBL Power Systems Ltd	Industrials	Equity	0.20%
HEXAWARE TECHNOLOGIES LIMITED EQ NEW FV RS.2/-	Technology	Equity	0.20%
Hindalco Industries Ltd	Materials	Equity	0.20%
Hindustan Copper Ltd	Materials	Equity	0.20%
Hindustan Petroleum Corporation Ltd	Energy & Utilities	Equity	0.20%
Hindustan Unilever Ltd	Consumer Staples	Equity	0.20%
Honeywell Automation India Ltd	Technology	Equity	0.20%
ITI Ltd	Technology	Equity	0.20%
IDBI Bank Ltd	Financial	Equity	0.20%
Indian Bank	Financial	Equity	0.20%
The Indian Hotels Company Ltd	Consumer Discretionary	Equity	0.20%
Indian Overseas Bank	Financial	Equity	0.20%
Indraprastha Gas Ltd	Energy & Utilities	Equity	0.20%
Cyient Ltd	Technology	Equity	0.20%
IRB Infrastructure Developers Ltd	Industrials	Equity	0.20%
JBM Auto Ltd	Consumer Discretionary	Equity	0.20%
JM Financial Ltd	Financial	Equity	0.20%
Jindal Saw Ltd	Materials	Equity	0.20%
JK Tyre & Industries Ltd	Consumer Discretionary	Equity	0.20%
Kajaria Ceramics Ltd	Industrials	Equity	0.20%
Kalpataru Power Transmission Ltd	Industrials	Equity	0.20%
Kei Industries Ltd	Industrials	Equity	0.20%
NUVOCO Vistas Corp Ltd	Materials	Equity	0.20%
Lupin Ltd	Healthcare	Equity	0.20%
MMTC Ltd	Diversified	Equity	0.20%
The Ramco Cements Ltd	Materials	Equity	0.20%
Poonawalla Fincorp Ltd	Financial	Equity	0.20%
Mphasis Ltd	Technology	Equity	0.20%
NCC Ltd	Industrials	Equity	0.20%
NTPC Ltd	Energy & Utilities	Equity	0.20%
Navin Fluorine International Ltd	Materials	Equity	0.20%
Neuland Laboratories Ltd	Healthcare	Equity	0.20%
NLC India Ltd	Energy & Utilities	Equity	0.20%
NHPC Ltd	Energy & Utilities	Equity	0.20%
NMDC Ltd	Materials	Equity	0.20%
Oil & Natural Gas Corporation Ltd	Energy & Utilities	Equity	0.20%
Page Industries Ltd	Consumer Discretionary	Equity	0.20%
PCBL Ltd	Materials	Equity	0.20%
PNB Housing Finance Ltd	Financial	Equity	0.20%
Power Grid Corporation of India Ltd	Energy & Utilities	Equity	0.20%
Vedanta Ltd	Materials	Equity	0.20%
Shree Cement Ltd	Materials	Equity	0.20%
Solar Industries India Ltd	Materials	Equity	0.20%
Supreme Petrochem Ltd	Materials	Equity	0.20%
Swan Energy Ltd	Consumer Discretionary	Equity	0.20%
Tata Elxsi Ltd	Technology	Equity	0.20%
Tata Power Company Ltd	Energy & Utilities	Equity	0.20%
Tata Steel Ltd	Materials	Equity	0.20%
Tata Consumer Products Ltd	Consumer Staples	Equity	0.20%
Tata Teleservices (Maharashtra) Ltd	Technology	Equity	0.20%
Thermax Ltd	Industrials	Equity	0.20%
Timken India Ltd	Industrials	Equity	0.20%
Titagarh Wagons Ltd	Industrials	Equity	0.20%
Torrent Power Ltd	Energy & Utilities	Equity	0.20%
Cholamandalam Financial Holdings Ltd	Financial	Equity	0.20%
UCO Bank	Financial	Equity	0.20%
Union Bank of India	Financial	Equity	0.20%
Usha Martin Ltd	Materials	Equity	0.20%
Voltas Ltd	Industrials	Equity	0.20%
Welspun Corp Ltd	Materials	Equity	0.20%
Yes Bank Ltd	Financial	Equity	0.20%
Zensar Technologies Ltd	Technology	Equity	0.20%
Zydus Wellness Ltd	Consumer Staples	Equity	0.20%
JSW Energy Ltd	Energy & Utilities	Equity	0.20%
SJVN Ltd	Energy & Utilities	Equity	0.20%
Triveni Turbine Ltd	Industrials	Equity	0.20%
L&T Finance Holdings Ltd	Financial	Equity	0.20%
RBL Bank Ltd	Financial	Equity	0.20%
RHI Magnesita India Ltd	Materials	Equity	0.20%
NBCC India Ltd	Industrials	Equity	0.20%
AU Small Finance Bank Ltd	Financial	Equity	0.20%
Indus Towers Ltd	Technology	Equity	0.20%
Avenue Supermarts Ltd	Consumer Staples	Equity	0.20%
Inox Wind Ltd	Industrials	Equity	0.20%
Adani Transmission Ltd	Energy & Utilities	Equity	0.20%
Crompton Greaves Consumer Electricals Ltd	Consumer Discretionary	Equity	0.20%
BSE Ltd	Financial	Equity	0.20%
Mahanagar Gas Ltd	Energy & Utilities	Equity	0.20%
Indian Renewable Energy Development Agency Ltd	Energy & Utilities	Equity	0.20%
Ircon International Ltd	Industrials	Equity	0.20%
General Insurance Corporation of India Ltd	Financial	Equity	0.20%
The New India Assurance Co. Ltd	Financial	Equity	0.20%
HDFC Life Insurance Co Ltd	Financial	Equity	0.20%
Newgen Software Technologies Ltd	Technology	Equity	0.20%
Indian Railway Finance Corporation Ltd	Financial	Equity	0.20%
Bharat Dynamics Ltd	Industrials	Equity	0.20%
Bharti Hexacom Ltd.	Technology	Equity	0.20%
Five-Star Business Finance Ltd	Financial	Equity	0.20%
Rites Ltd	Industrials	Equity	0.20%
HDFC Asset Management Company Ltd	Financial	Equity	0.20%
Garden Reach Shipbuilders & Engineers Ltd	Industrials	Equity	0.20%
Rail Vikas Nigam Ltd	Industrials	Equity	0.20%
Indian Railway Catering & Tourism Corporation Ltd	Industrials	Equity	0.20%
Krishna Institute Of Medical Sciences Ltd	Healthcare	Equity	0.20%
Hitachi Energy India Ltd	Industrials	Equity	0.20%
Suven Pharmaceuticals Ltd	Healthcare	Equity	0.20%
Max Healthcare Institute Ltd	Healthcare	Equity	0.20%
Mazagon Dock Shipbuilders Ltd	Industrials	Equity	0.20%
Gland Pharma Ltd	Healthcare	Equity	0.20%
Home First Finance Company India Ltd	Financial	Equity	0.20%
Shyam Metalics and Energy Ltd,	Materials	Equity	0.20%
Clean Science And Technology Ltd	Materials	Equity	0.20%
Vijaya Diagnostic Centre Ltd	Healthcare	Equity	0.20%
One 97 Communications Ltd	Industrials	Equity	0.20%
Star Health & Allied Insurance Co. Ltd	Financial	Equity	0.20%
Anand Rathi Wealth Ltd	Financial	Equity	0.20%
LG Electronics India Ltd.	Consumer Discretionary	Equity	0.20%
Life Insurance Corporation of India	Financial	Equity	0.20%
C.E. Info Systems Ltd	Technology	Equity	0.20%
Adani Wilmar Ltd	Consumer Staples	Equity	0.20%
Syrma SGS Technology Ltd	Technology	Equity	0.20%
Bikaji Foods International Ltd	Consumer Staples	Equity	0.20%
NMDC Steel Ltd.	Materials	Equity	0.20%
Mankind Pharma Ltd.	Healthcare	Equity	0.20%
Tata Technologies Ltd	Technology	Equity	0.20%
SBFC Finance Ltd	Financial	Equity	0.20%
Signatureglobal (India) Ltd.	Industrials	Equity	0.20%
Allied Blenders And Distillers Ltd.	Consumer Staples	Equity	0.20%
DOMS Industries Ltd.	Industrials	Equity	0.20%
Ola Electric Mobility Ltd.	Consumer Discretionary	Equity	0.20%
Brainbees Solutions Ltd.	Consumer Discretionary	Equity	0.20%
Bajaj Housing Finance Ltd.	Financial	Equity	0.20%
Niva Bupa Health Insurance Company Ltd.	Financial	Equity	0.20%
Inventurus Knowledge Solutions Ltd.	Industrials	Equity	0.20%
Onesource Specialty Pharma Ltd	Healthcare	Equity	0.20%
Aditya Birla Lifestyle Brands Ltd	Consumer Discretionary	Equity	0.20%
Schloss Bangalore Ltd.	Consumer Discretionary	Equity	0.20%
Travel Food Services Ltd.	Consumer Discretionary	Equity	0.20%
JSW Cement Ltd.	Materials	Equity	0.20%
Urban Company Ltd.	Consumer Staples	Equity	0.20%
Canara HSBC Life Insurance Company Ltd.	Financial	Equity	0.20%
Meesho Ltd.	Consumer Discretionary	Equity	0.20%
ICICI Prudential Asset Management Company Ltd.	Financial	Equity	0.20%
3M India Ltd	Diversified	Equity	0.19%
Adani Enterprises Ltd	Materials	Equity	0.19%
Adani Power Ltd	Energy & Utilities	Equity	0.19%
AFCONS INFRASTRUCTURE LIMITED EQ	Industrials	Equity	0.19%
Asahi India Glass Ltd	Consumer Discretionary	Equity	0.19%
Axis Bank Ltd	Financial	Equity	0.19%
Linde India Ltd	Materials	Equity	0.19%
BEML Ltd	Industrials	Equity	0.19%
Bharat Electronics Ltd	Industrials	Equity	0.19%
CCL Products (India) Ltd	Consumer Staples	Equity	0.19%
Can Fin Homes Ltd	Financial	Equity	0.19%
Caplin Point Laboratories Ltd	Healthcare	Equity	0.19%
Ceat Ltd	Consumer Discretionary	Equity	0.19%
Chalet Hotels Ltd	Consumer Discretionary	Equity	0.19%
City Union Bank Ltd	Financial	Equity	0.19%
CG Power & Industrial Solutions Ltd	Industrials	Equity	0.19%
DEWAN HOUSING FINANCE CORP. LTD. EQ	Financial	Equity	0.19%
DHFL VYSYA HOUSING FINANCE LIMITED EQ	Financial	Equity	0.19%
Dr. Reddy's Laboratories Ltd	Healthcare	Equity	0.19%
Emami Ltd	Consumer Staples	Equity	0.19%
Finolex Cables Ltd	Industrials	Equity	0.19%
GMR Airports Infrastructure Ltd	Industrials	Equity	0.19%
Granules India Ltd	Healthcare	Equity	0.19%
The Great Eastern Shipping Company Ltd	Energy & Utilities	Equity	0.19%
HDFC Bank Ltd	Financial	Equity	0.19%
Vodafone Idea Ltd	Technology	Equity	0.19%
Ipca Laboratories Ltd	Healthcare	Equity	0.19%
Jubilant Pharmova Ltd	Healthcare	Equity	0.19%
KPR Mills Ltd	Consumer Discretionary	Equity	0.19%
KEC International Ltd	Diversified	Equity	0.19%
LIC Housing Finance Ltd	Financial	Equity	0.19%
Max Financial Services Ltd	Financial	Equity	0.19%
Adani Ports and Special Economic Zone Ltd	Industrials	Equity	0.19%
Natco Pharma Ltd	Healthcare	Equity	0.19%
National Aluminium Company Ltd	Materials	Equity	0.19%
Nava Ltd	Diversified	Equity	0.19%
Oracle Financial Services Software Ltd	Technology	Equity	0.19%
Reliance Power Ltd	Energy & Utilities	Equity	0.19%
SRF Ltd	Materials	Equity	0.19%
Sobha Ltd	Real Estate	Equity	0.19%
Suzlon Energy Ltd	Industrials	Equity	0.19%
Tata Chemicals Ltd	Materials	Equity	0.19%
Tata Communications Ltd	Technology	Equity	0.19%
Welspun India Ltd	Consumer Discretionary	Equity	0.19%
HDB FINANCIAL SERVICES LIMITED EQ	Financial	Equity	0.19%
Oberoi Realty Ltd	Real Estate	Equity	0.19%
Prestige Estates Projects Ltd	Real Estate	Equity	0.19%
Kirloskar Oil Engines Ltd	Industrials	Equity	0.19%
Multi Commodity Exchange Of India Ltd	Financial	Equity	0.19%
Intellect Design Arena Ltd	Technology	Equity	0.19%
Syngene International Ltd	Healthcare	Equity	0.19%
Tejas Networks Ltd	Technology	Equity	0.19%
Housing & Urban Development Corporation Ltd	Financial	Equity	0.19%
Varun Beverages Ltd	Consumer Staples	Equity	0.19%
Aavas Financiers Ltd	Financial	Equity	0.19%
Eris Lifesciences Ltd	Healthcare	Equity	0.19%
Central Depository Services (India) Ltd	Financial	Equity	0.19%
Tube Investments Of India Ltd	Consumer Discretionary	Equity	0.19%
Nuvama Wealth Management Ltd	Financial	Equity	0.19%
Amber Enterprises India Ltd	Consumer Discretionary	Equity	0.19%
Lemon Tree Hotels Ltd	Consumer Discretionary	Equity	0.19%
Techno Electric & Engineering Company Ltd	Industrials	Equity	0.19%
Polycab India Ltd	Industrials	Equity	0.19%
Indiamart Intermesh Ltd	Industrials	Equity	0.19%
Sumitomo Chemical India Ltd	Materials	Equity	0.19%
UTI Asset Management Company Ltd	Financial	Equity	0.19%
RailTel Corporation India Ltd	Technology	Equity	0.19%
Anupam Rasayan India Ltd	Materials	Equity	0.19%
CarTrade Tech Ltd	Consumer Discretionary	Equity	0.19%
Delhivery Ltd	Industrials	Equity	0.19%
Honasa Consumer Ltd.	Consumer Staples	Equity	0.19%
Premier Energies Ltd.	Energy & Utilities	Equity	0.19%
Waaree Energies Ltd.	Energy & Utilities	Equity	0.19%
ACME Solar Holdings Ltd.	Energy & Utilities	Equity	0.19%
NTPC Green Energy Ltd.	Energy & Utilities	Equity	0.19%
Vishal Mega Mart Ltd.	Consumer Staples	Equity	0.19%
Siemens Energy India Ltd	Energy & Utilities	Equity	0.19%
Aditya Infotech Ltd.	Technology	Equity	0.19%
Billionbrains Garage Ventures Ltd.	Financial	Equity	0.19%
Emmvee Photovoltaic Power Ltd.	Energy & Utilities	Equity	0.19%
Tenneco Clean Air India Ltd.	Consumer Discretionary	Equity	0.19%
Gallantt Metal Ltd	Materials	Equity	0.18%
HFCL Ltd	Technology	Equity	0.18%
The Jammu & Kashmir Bank Ltd	Financial	Equity	0.18%
Mahindra CIE Automotive Ltd	Consumer Discretionary	Equity	0.18%
Capri Global Capital Ltd	Financial	Equity	0.18%
Motilal Oswal Financial Services Ltd	Financial	Equity	0.18%
Phoenix Mills Ltd	Real Estate	Equity	0.18%
Patanjali Foods Ltd	Consumer Staples	Equity	0.18%
Transformers & Rectifiers India Ltd	Industrials	Equity	0.18%
Vardhman Textiles Ltd	Consumer Discretionary	Equity	0.18%
Zen Technologies Ltd	Technology	Equity	0.18%
Gravita India Ltd	Industrials	Equity	0.18%
Angel One Ltd	Financial	Equity	0.18%
ITC Hotels Ltd	Consumer Discretionary	Equity	0.18%
ICICI Lombard General Insurance Company Ltd	Financial	Equity	0.18%
Aptus Value Housing Finance India Ltd	Financial	Equity	0.18%
Adani Total Gas Ltd	Energy & Utilities	Equity	0.18%
Ami Organics Ltd	Healthcare	Equity	0.18%
Aditya Birla Sun Life AMC Ltd	Financial	Equity	0.18%
Tega Industries Ltd	Industrials	Equity	0.18%
JSW Infrastructure Ltd	Industrials	Equity	0.18%
Pine Labs Ltd.	Technology	Equity	0.18%
Physicswallah Ltd.	Consumer Staples	Equity	0.18%
Elecon Engineering Company Ltd	Industrials	Equity	0.17%
ITD Cementation India Ltd	Industrials	Equity	0.17%
Bandhan Bank Ltd	Financial	Equity	0.17%
Adani Green Energy Ltd	Energy & Utilities	Equity	0.17%
Go Digit General Insurance Ltd.	Financial	Equity	0.17%
Others Mrgn Money	Unspecified	Margin Money	0.01%
Net Payables	Unspecified	Net Payables	-3.84%

See All

Minimum investments

Min. for 1st investment

₹1,000

Min. for 2nd investment

₹1,000

Min. for SIP

₹100

Returns and rankings

Annualised returns

Absolute returns

Name	3M	6M	1Y	All
Fund returns	+4.9%	+10.1%	+8.9%	+0.3%
Category average (Equity Multi Cap)	--	--	+0.9%	--
Rank (Equity Multi Cap)	27	17	23	--

Exit load, stamp duty and tax

Exit load

Nil

Stamp duty on investment: 0.005% (from July 1st, 2020)

from July 1st 2020

Tax implication

If you redeem within one year, returns are taxed at 20%. If you redeem after one year, returns exceeding Rs 1.25 lakh in a financial year are taxed at 12.5%.

Check past data

Compare similar funds

	Name	1Y	3Y	Fund Size(Cr)
	Axis Multicap Fund Direct Growth	+12.90%	+20.30%	10,973.14
	HSBC Multi Cap Fund Direct Growth	+11.49%	+19.25%	6,067.77
	Mahindra Manulife Multi Cap Fund Direct Growth	+17.17%	+18.22%	7,184.31
	Kotak Multi Cap Fund Direct Growth	+7.18%	+17.42%	29,274.39
	ICICI Prudential Multi Cap Fund Direct Growth	+10.87%	+17.01%	18,769.03
Compare

Fund management

JT
Jitendra Tolani
Feb 2025 - Present
View details

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.

Also manages these schemes

Nippon India Nifty 50 Value 20 Index Fund Direct Growth

Nippon India Silver ETF FoF Direct Growth

Nippon India Nifty Alpha Low Volatility 30 Index Fund Direct Growth

Nippon India Nifty Bank Index Fund Direct Growth

Nippon India Nifty IT Index Fund Direct Growth

Nippon India Nifty 500 Equal Weight Index Fund Direct Growth

Nippon India Nifty 500 Momentum 50 Index Fund Direct Growth

Nippon India Nifty Realty Index Fund Direct Growth

Nippon India Nifty Auto Index Fund Direct Growth

Nippon India Nifty 500 Low Volatility 50 Index Fund Direct Growth

Nippon India Nifty 500 Quality 50 Index Fund Direct Growth

About Nippon India Nifty 500 Equal Weight Index Fund Direct Growth

Nippon India Nifty 500 Equal Weight Index Fund Direct Growth is a Equity Mutual Fund Scheme launched by Nippon India Mutual Fund. This scheme was made available to investors on 30 Jun 1995. Jitendra Tolani is the Current Fund Manager of Nippon India Nifty 500 Equal Weight Index Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹7,78,923 Cr and the Latest NAV as of 03 Sep 2026 is ₹9.94. The Nippon India Nifty 500 Equal Weight Index Fund Direct Growth is rated Very High risk. Minimum SIP Investment is set to ₹100. Minimum Lumpsum Investment is ₹1,000. ;

Investment Objective

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 benchmarkNifty 500 Equal Weight Total Return Index

Scheme Information Document(SID)