Nippon India Nifty 500 Momentum 50 Index Fund Direct Growth

Nippon India Nifty 500 Momentum 50 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. Himanshu Mange is the Current Fund Manager of Nippon India Nifty 500 Momentum 50 Index Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹5,13,160 Cr and the Latest NAV as of 13 Dec 2024 is ₹9.65. The Nippon India Nifty 500 Momentum 50 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 Momentum 50 Index before expenses, subject to tracking errors. ;