Nippon India Nifty 500 Equal Weight Index Fund
Open in live screener →Key metrics
Further reading: Median maximum drawdown by fund category, measured across 1,767 funds
Trailing returns
| Period | 1W | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
|---|---|---|---|---|---|---|---|---|---|
| Return | -3.65% | -7.52% | -7.58% | -3.90% | -5.40% | – | – | – | – |
NAV history
About this fund
Nippon India Nifty 500 Equal Weight Index Fund is a passive index fund/ETF offered by Nippon India Mutual Fund, classified under Index/ETF as Other Scheme - Index Funds. It aims to mirror an index rather than beat it, usually at a lower cost than active funds. Its latest NAV is ₹9.05, with assets under management of about ₹458 Cr (April - June 2026).
Further reading: What a category rank actually tells you
Performance analysis
Over the trailing one year, Nippon India Nifty 500 Equal Weight Index Fund has recorded a return of about -5.4%. Its annualised volatility is 17.3% — relatively large fluctuations — and its Sharpe ratio is -0.69, a measure of return per unit of risk taken. The direct-plan base expense ratio is 0.30%, deducted daily from the NAV.
Further reading: Reading a fund page: what each number does and doesn't say
Rolling returns
| Window | Avg | Median | Min | Max | % Pos | % >12 |
|---|---|---|---|---|---|---|
| 1Y | 2.82 | 2.09 | -7.92 | 17.57 | 72% | 5% |
Further reading: Why a single trailing return misleads, measured across 830 funds
Frequently asked questions
Compare with peers
Further reading: Every fund measured against the best performer in its own category
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y | TER % |
|---|---|---|---|---|---|---|---|---|
| Bandhan BSE Healthcare Index Fund Other Scheme - Index Funds | -8.41 | -4.89 | 9.07 | 4.78 | – | – | – | 0.19 |
| Bandhan Nifty Midcap 150 Index Fund Other Scheme - Index Funds | -7.75 | -8.23 | -5.21 | -3.96 | – | – | – | 0.14 |
| Kotak CRISIL-IBX AAA Financial Services Index-Sep 2027 Fund Other Scheme - Index Funds | 0.07 | 1.25 | 2.80 | 5.65 | – | – | – | – |
| Kotak Nifty India Tourism Index Fund Other Scheme - Index Funds | -5.58 | -5.16 | -1.63 | -17.53 | – | – | – | – |
| Motilal Oswal Nifty 500 Momentum 50 Index Fund Other Scheme - Index Funds | -7.17 | -5.86 | -3.90 | -7.50 | – | – | – | 0.36 |
| Nippon India Nifty 500 Momentum 50 Index Fund Other Scheme - Index Funds | -7.16 | -5.83 | -3.29 | -6.64 | – | – | – | 0.21 |
| HDFC NIFTY LargeMidcap 250 Index Fund Other Scheme - Index Funds | -5.57 | -6.84 | -5.49 | -6.83 | – | – | – | – |
| SBI Nifty 500 Index Fund Other Scheme - Index Funds | -4.85 | -6.14 | -5.21 | -8.04 | – | – | – | 0.26 |
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y | TER % |
|---|---|---|---|---|---|---|---|---|
| Nippon India Short Term Fund Debt Scheme - Short Duration Fund | -0.42 | 0.26 | 2.16 | 4.39 | 7.46 | 6.56 | 7.17 | – |
| Nippon India ELSS Tax Saver Fund Equity Scheme - ELSS | -4.35 | -5.28 | -6.06 | -5.90 | 10.77 | 9.94 | 9.87 | 0.87 |
| Nippon India Corporate Bond Fund Debt Scheme - Corporate Bond Fund | -0.53 | 0.08 | 1.99 | 3.90 | 7.30 | 6.62 | 7.16 | 0.31 |
| Nippon India ETF Nifty 100 Other Scheme - Other ETFs | -3.41 | -5.58 | -6.19 | -10.14 | 7.30 | 5.91 | 10.64 | 0.43 |
| Nippon India ETF Nifty India Consumption Other Scheme - Other ETFs | -6.41 | -8.62 | -6.53 | -14.52 | 8.67 | 9.39 | 11.62 | 0.26 |
| Nippon India Japan Equity Fund Sectoral/Thematic - International | -1.76 | 0.47 | 8.38 | 24.76 | 23.51 | 10.90 | 11.21 | 1.09 |
| Nippon India ETF BSE Sensex Other Scheme - Other ETFs | -1.69 | -4.35 | -5.95 | -12.31 | 5.01 | 5.02 | 11.30 | 0.03 |
| Nippon India Retirement Fund- Wealth Creation Scheme Solution Oriented Scheme - Retirement Fund | -5.88 | -6.59 | -6.95 | -8.82 | 8.85 | 8.78 | 10.44 | 0.85 |