The Current NAV of Nippon India Nifty 500 Equal Weight Index Fund - Growth - Direct Plan is ₹9.29.

It is better to invest in a fund with a longer track record as Nippon India Nifty 500 Equal Weight Index Fund - Growth - Direct Plan cannot be assessed for consistency of out-performance. Funds returns likely to be fairly different than its benchmark NIFTY 500 , as Funds portfolio is somewhat different.

Nippon India Nifty 500 Equal Weight Index Fund - Growth - Direct Plan fund’s expense ratio is 0.35%

The process for redemption is

• Give a request for redemption of the number of units or the amount you want. The request will be acknowledged.
• You will get information about the redemption and the NAV at which redeemed.
• The amount will be deposited in the designated bank account.

The AUM of Nippon India Nifty 500 Equal Weight Index Fund - Growth - Direct Plan is currently ₹363 Crores.

The Top three stocks are Onesource Specialty, Travel Food Services and Affle 3i and account for 1% of its portfolio. Top 5 and 10 stocks of fund account for 1% and 2% of fund’s portfolio respectively.

Top three sectors of Nippon India Nifty 500 Equal Weight Index Fund - Growth - Direct Plan fund are BFSI, Construction & Infrastructure and Healthcare accounting for 39% of the total portfolio.

Funds Portfolio Quality is Somewhat Good. It has a large proportion of Green and Orange Stocks.Since this is a Index Funds - Other it is comparatively safer to invest in this fund. However, since it has not consistently outperformed its benchmark index on an average 3-year rolling returns basis it is not the most suitable fund for SIP.

The category of Nippon India Nifty 500 Equal Weight Index Fund - Growth - Direct Plan Fund is Index Funds - Other.

Jitendra Tolani manages the Nippon India Nifty 500 Equal Weight Index Fund - Growth - Direct Plan Fund.

Nippon India Nifty 500 Equal Weight Index Fund - Growth - Direct Plan current PE ratio is 36.78 and PB ratio is 5.78

The asset allocation of Nippon India Nifty 500 Equal Weight Index Fund - Growth - Direct Plan is Stocks : 99.77%, Debt : 0.25% and Gold : 0%

The minimum SIP amount for Nippon India Nifty 500 Equal Weight Index Fund - Growth - Direct Plan is ₹100.00 and minimum lumpsum is ₹1000.00

The exit load for Nippon India Nifty 500 Equal Weight Index Fund - Growth - Direct Plan is NIL