Nippon India Nifty 500 Equal Weight Index Fund Regular Growth

• Alpha 0.00%
• Beta 0.00
• Sharpe Ratio0.00
• Std Deviation 0.00%
• Tracking Error 0.00%

The investment objective of the scheme is 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. However, there is no assurance that the investment objective of the Scheme will be achieved.

The Nippon India Nifty 500 Equal Weight Index Fund Regular Growth has an AUM of 390.08 crores & has delivered CAGR of 0.00% in the last 5 years. The fund has an exit load of 0.00% and an expense ratio of 0.89%. The minimum investment in Nippon India Nifty 500 Equal Weight Index Fund Regular Growth is Rs 1000 and the minimum SIP is Rs 0.

As per morningstar the risk & return rating of the fund are - & - respectively.

The top holdings of the fund include Upl, Bajaj Finance, Srf & Sbi Cards & Payment Services.

The major sectors where the fund is invested are Chemical Manufacturing, Regional Banks, Consumer Financial Services & Biotechnology & Drugs.

Some of the similar funds are HDFC Nifty500 Multicap 50:25:25 Index Fund Regular Growth, Axis Nifty Midcap 50 Index Fund Regular Growth, Nippon India Nifty 500 Equal Weight Index Fund Regular Growth, Aditya Birla Sun Life Nifty India Defence Index Fund Regular Growth, Kotak Nifty 200 Momentum 30 Index Fund Regular Growth. Nippon India Nifty 500 Equal Weight Index Fund Regular Growth has a sharpe ratio of 0.00 & a standard deviation of 0.00%.