← Nippon India Mutual Fund
Nippon India Nifty 500 Equal Weight Index Fund - Direct Plan - Growth Option
Open Ended Schemes(Other Scheme - Index Funds)Very High Riskvs Nifty 500 Equal Weight IndexISIN INF204KC1DA8
NAV · 06-Jul-2026
₹9.8770
1M
+4.66%
6M
+3.33%
1Y (CAGR)
+2.07%
3Y (CAGR)
—
5Y (CAGR)
—
Since inception (CAGR)
-0.46%
NAV history
hover for values
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 overlapBeta
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 ↗