Nippon India Nifty 500 Equal Weight Index Fund
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.
Growthvine rating: 2/5 — ranked #135 of 244 in category.
Fund basics
| Category | Equity: Index |
|---|
| NAV | ₹9.91 (as of 2026-08-21) |
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| AUM | ₹506 Cr |
|---|
| Expense ratio | 0.79% |
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| Riskometer | Very High |
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| Fund manager | Jitendra Tolani |
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| Exit load | 0 |
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Performance & risk
| Standard deviation | 0.00% |
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| Max drawdown | -24.09% |
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| Alpha | 0 |
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| Beta | 0 |
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Market cap allocation
| Large cap | 20.1% |
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| Mid cap | 29.1% |
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| Small cap | 50.7% |
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Concentration
| Top 5 holdings | 1.2% |
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| Top 10 holdings | 2.3% |
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| Total holdings | 499 |
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Top holdings
- Triparty Repo — 2.2%
- HEG Ltd. — 0.2%
- Mahindra & Mahindra Financial Services Limited — 0.2%
- ramkrishna forgings Ltd. — 0.2%
- TVS Motor Company Ltd. — 0.2%
- Laurus Labs Limited — 0.2%
- Bajaj Auto Limited — 0.2%
- Bajaj Finance Limited — 0.2%
- Firstsource Solutions Ltd. — 0.2%
- Action Construction Equipments Ltd. — 0.2%
Top sectors
- Banking & Financial — 9.0%
- Finance & Investments — 8.4%
- Automobile — 8.0%
Calendar-year track record
| Year | Return | Quartile | Category rank |
|---|
| 2026 (partial) | 5.8% | — | — |
| 2025 | -0.1% | — | — |