Nippon India Nifty 500 Equal Weight Index Fund - Direct Plan - IDCW Option

Open Ended Schemes(Other Scheme - Index Funds)Very High Riskvs Nifty 500 Equal Weight IndexISIN INF204KC1DB6

NAV · 06-Jul-2026

₹9.8770

+4.66%

+3.33%

1Y (CAGR)

+2.07%

3Y (CAGR)

—

5Y (CAGR)

—

Since inception (CAGR)

-0.46%

NAV history

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Risk & SIP analytics

Volatility (3y)

17.89%

Downside dev (3y)

13.63%

Max drawdown (3y)

-23.9%

Calendar-year returns

2025 +0.5%

Vs benchmark — Nifty 500

3y monthly · 22 months of overlap

Beta

1.23

Alpha (p.a.)

+3.36%

Up capture

128.6%

Down capture

113.2%

Correlation

0.96

Fund facts

Fund managerJitendra Tolani

AUM₹4,747 Cr

Expense ratio0.3% · 2026-05-31

TER · AMFI officialDirect 0.52% · Regular 1.09% (2026-06-30)

Launch date21-Aug-2024

Plan typeOpen Ended · Others

Min lumpsum₹1,000

Min SIP₹100

Lock-inNone

Volatility17.83

AMCNippon Life India Asset Management Limited

Objective · The investment objective of the scheme is 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. However, there is no assurance that the investment objective of the Scheme will be achieved.

scheme documents ↗