Nippon India Nifty 500 Equal Weight Index Fund Regular Growth is a mutual fund scheme from Nippon Life India Asset Management Ltd. The fund was launched on 10 September 2024 and is managed by Jitendra Tolani. As of 15 October 2026, the fund has an AUM of ₹450.34 Cr and its latest NAV is ₹9.29. The fund has a Very High Risk risk rating.
The fund allows minimum SIP of ₹100 and lumpsum investment starting from ₹1,000.
The fund primarily invests in Financial Services, Industrials, and Basic Materials and its top holdings include Ather Energy Ltd, Welspun Corp Ltd, Cyient Ltd, Ramkrishna Forgings Ltd, and Triveni Turbine Ltd. The fund has delivered -0.3% returns over the last 1 year and -3.2% annualised returns since inception.
Nippon India Nifty 500 Equal Weight Index Fund Regular Growth may be suitable for investors looking for long-term wealth creation and who are comfortable with Very High Risk risk.






