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Nippon India Nifty 500 Equal Weight Index Fund-Dir (IDCW)

Index Fund • OPEN
NAV as of May 18, 2026
₹9.25
1 day change
Returns since inception
-3.67%
CAGR
AUM (Fund size)
₹435 Cr
NAV: ₹ 9.25
as on May 18, 2026
Nippon India Nifty 500 Equal Weight Index Fund-Dir (IDCW)

Nippon India Nifty 500 Equal Weight Index Fund-Dir (IDCW) Overview

AUM (Fund size) ₹ 435 Cr
Expense ratio 0.41 %
Exit load Nil
Plan type Direct Fund
Risk Very High
Lock-in Period Nil
Benchmark Nifty 500 Equal Weight TRI
Min. investment SIP: ₹100    Lumpsum: ₹1,000
Age 1 yrs 9 m since Aug 21, 2024
Tax implication STCG Tax: As per your Income Tax Slab, if redeemed before 3 Years, LTCG Tax: 20% with indexation benefitu00a0 post 3 Years

Holdings Distribution

Finance
8.46%
Pharmaceuticals & Biotech
7.38%
Banks
5.11%
Auto Components
5.00%
Industrial Products
4.93%

Top Holdings

TREPS 0.34%
HFCL 0.30%
Cohance Life 0.29%
Gallantt Ispat L 0.28%
Welspun Corp 0.28%
Ola Electric 0.28%
Cemindia Project 0.27%
Oracle Fin.Serv. 0.26%
Adani Green 0.26%
Adani Power 0.26%

Peer Comparison

Fund Name 1Y 3Y 5Y
Nippon India Nifty 500 Equal Weight Index Fund-Dir (IDCW) 2.65% N/A N/A

Scheme Information

Nippon India Nifty 500 Equal Weight Index Fund-Dir (IDCW) was launched on 21/08/2024. The fund manages ₹435 Cr in assets. Its current expense ratio is 0.41%.

Fund Manager: Jitendra Tolani

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FAQs on Nippon India Nifty 500 Equal Weight Index Fund-Dir (IDCW)

The current expense ratio of Nippon India Nifty 500 Equal Weight Index Fund-Dir (IDCW) is 0.41%.

The AUM of Nippon India Nifty 500 Equal Weight Index Fund-Dir (IDCW) is ₹435 crore.

Log in to your investment platform, select the fund, enter units or amount, and confirm the redemption request.

Yes, Nippon India Nifty 500 Equal Weight Index Fund-Dir (IDCW) allows both SIP and lump sum investments.

The latest NAV is ₹9.25.

Minimum SIP starts from ₹100.

Redemption can be done via AMC website or your investment platform.

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