Should I invest in Nippon India Nifty 500 Equal Weight Index Fund?

We don't give personal investment advice. Nippon India Nifty 500 Equal Weight Index Fund - Direct Plan - IDCW Option is suitable for an investor whose:understands what asset class this scheme actually invests in (check the factsheet)matches that asset class's volatility profile to their goal horizonCross-check the numbers above against alternatives before deciding.

Nippon India

Nippon India Nifty 500 Equal Weight Index Fund - Direct Plan - IDCW Option

Latest NAV

₹9.8508

As of

17 Jul 2026

455 NAV records on file

NAV history & peer comparison

All NAVs split-adjusted and normalised to 100 at the start of the selected period, so funds with very different absolute NAV scales can be compared on one axis.

Period

Add another fund to compare

No matches.

Compares up to 8 funds. Click any line in the legend above to hide/show it.

Returns matrix

Fund return alongside the category average and peer rank for every standard window. Returns under one year are absolute; one year and longer are compound annualised (CAGR).

Window	Fund	Category avg	+/− vs avg	Rank	Quartile
1D	-0.32%	+0.08%	-0.41	245 / 296	Q4
1W	-0.51%	-0.25%	-0.26	217 / 296	Q3
2W	+0.00%	+0.03%	-0.03	220 / 296	Q3
1M	+1.70%	+0.66%	+1.03	50 / 296	Q1
3M	+5.76%	+1.92%	+3.84	30 / 296	Q1
6M	+7.17%	+0.72%	+6.45	29 / 289	Q1
YTD	+4.34%	-0.18%	+4.52	27 / 287	Q1
1Y	+0.92%	+1.67%	-0.75	154 / 276	Q3
2Y	-0.42%	+2.29%	-2.70	137 / 196	Q3
3Y	—	—	—	—	—
4Y	—	—	—	—	—
5Y	—	—	—	—	—
7Y	—	—	—	—	—
10Y	—	—	—	—	—
Inception	-0.45%	+7.39%	-7.84	262 / 294	Q4

Quartile legend: Q1 top 25% Q2 25-50% Q3 50-75% Q4 bottom 25%

Calendar-year returns

Full-year performance vs category average. Current year is partial (year-to-date).

Year	Fund	Category avg	+/− vs avg	Rank
2026 YTD	+4.34%	-0.15%	+4.49	26 / 282
2025	-0.27%	+5.41%	-5.68	180 / 226
2024	—	—	—	—

Rolling returns

Removes start-date bias by averaging CAGR over every overlapping N-year window in the fund's history. Higher average plus tight min/max plus high "% positive" = consistent.

1-Year rolling

+2.61%

11 windows

min -3.4% · max 14.1%

73% positive

Limited basis — fund is young, so this average may be skewed by which 1Y windows happen to be available.

3-Year rolling

—

Insufficient history

5-Year rolling

—

Insufficient history

7-Year rolling

—

Insufficient history

SIP returns — historical "what if"

If you had invested every month in this fund over the chosen period, this is what your investment would be worth today.

Period

Total invested

₹ —

Today's value

₹ —

XIRR

Annualised

Wealth multiplier

Period	Total invested	Today's value	XIRR	Wealth multiplier

XIRR is the annualised internal rate of return on the SIP cash flow — invariant to the monthly amount. "Today's value" and "Total invested" scale linearly with the slider. Past performance does not guarantee future returns. Excludes exit load and taxes.

Peers in Index Fund

Scheme	Fund house	NAV	As of
HDFC Nifty Top 20 Equal Weight Index Fund - Direct	HDFC	₹10.1305	17 Jul 2026
Nippon India Nifty 500 Low Volatility 50 Index Fund - Direct Plan - IDCW Plan	Nippon India	₹10.7458	17 Jul 2026
SBI Nifty100 Low Volatility 30 Index Fund-Direct Plan- Income Cum Distribution Capital Withdrawal Option (IDCW)	SBI	₹10.1908	17 Jul 2026
ICICI Prudential Nifty 200 Momentum 30 Index Fund - Direct Plan - IDCW	ICICI Prudential	₹16.4272	17 Jul 2026
Bandhan Nifty Alpha 50 Index Fund - Direct Plan - IDCW	Bandhan	₹14.1114	17 Jul 2026
Aditya Birla Sun Life BSE 500 Momentum 50 Index Fund-Direct IDCW Payout	Aditya Birla Sun Life	₹10.6288	17 Jul 2026
Motilal Oswal BSE Low Volatility Index Fund-Direct plan	Motilal Oswal	₹16.3494	17 Jul 2026
Kotak Nifty 100 Equal Weight index Fund - Direct Plan - IDCW Option	Kotak	₹11.0590	17 Jul 2026
Edelweiss Nifty 100 Quality 30 Index Fund Direct Plan IDCW	Edelweiss	₹14.3358	17 Jul 2026
DSP Nifty 50 Equal Weight Index Fund - Direct Plan - IDCW	DSP	₹22.4764	17 Jul 2026

Recent NAVs

Date	NAV
17 Jul 2026	₹9.8508
16 Jul 2026	₹9.8826
15 Jul 2026	₹9.8895
14 Jul 2026	₹9.8383
13 Jul 2026	₹9.9274
10 Jul 2026	₹9.9013
9 Jul 2026	₹9.7604
8 Jul 2026	₹9.6354
7 Jul 2026	₹9.8274
6 Jul 2026	₹9.8770

Frequently asked questions

These answers are generated from this fund's live metrics — NAV, returns, peer rank, drawdown, SIP backtest. Numbers refresh nightly after AMFI's NAV feed lands.

As of 17 Jul 2026, the NAV of Nippon India Nifty 500 Equal Weight Index Fund - Direct Plan - IDCW Option is ₹9.8508. It's a Index Fund from Nippon India, run as a Direct plan IDCW (dividend) option. NAVs update once per business day from the AMFI feed.

Nippon India Nifty 500 Equal Weight Index Fund - Direct Plan - IDCW Option has NAV history starting from 11 Sep 2024, a track record of about 1 year 10 months. It's a relatively new scheme. With under 5 years of NAVs, peer comparison is the best yardstick — point-to-point returns can be skewed by entry timing.

Nippon India Nifty 500 Equal Weight Index Fund - Direct Plan - IDCW Option is managed by Nippon India. It's classified by AMFI under the 'Index Fund' SEBI category, which determines its peer set and tax treatment.

Over the trailing 1-year window, Nippon India Nifty 500 Equal Weight Index Fund - Direct Plan - IDCW Option has delivered a absolute return of 0.92% — -0.75 pp behind the Index Fund category average of 1.67%. The fund ranks #154 of 276 in its category — the third (Q3) quartile.

Nippon India Nifty 500 Equal Weight Index Fund - Direct Plan - IDCW Option doesn't have a complete 3-year window yet (we need at least 3 year of NAVs). Check the shorter-window returns above.

Nippon India Nifty 500 Equal Weight Index Fund - Direct Plan - IDCW Option doesn't have a complete 5-year window yet (we need at least 5 year of NAVs). Check the shorter-window returns above.

Nippon India Nifty 500 Equal Weight Index Fund - Direct Plan - IDCW Option doesn't yet have a 3-year CAGR on file, so a ₹1 lakh growth projection isn't reliable.

A ₹10,000 monthly SIP in Nippon India Nifty 500 Equal Weight Index Fund - Direct Plan - IDCW Option over the last 1 year — total invested ₹120,000 — would be worth ₹126,467 today. That's an XIRR (money-weighted annualised return) of 10.14%.

Nippon India Nifty 500 Equal Weight Index Fund - Direct Plan - IDCW Option doesn't yet have 10 years of NAVs. Over the longest available window (1-year SIP), ₹10,000/month would have grown to ₹126,467 — XIRR 10.14%.

Nippon India Nifty 500 Equal Weight Index Fund - Direct Plan - IDCW Option doesn't yet have a peer rank on file — typically because its category set is too small or it lacks the required NAV history. Compare manually using the returns table above.

Nippon India Nifty 500 Equal Weight Index Fund - Direct Plan - IDCW Option doesn't have a computed drawdown figure yet.

Consistency stats for Nippon India Nifty 500 Equal Weight Index Fund - Direct Plan - IDCW Option need at least 3 years of NAVs to compute. They'll populate automatically once the fund has enough history.

In calendar year 2025, Nippon India Nifty 500 Equal Weight Index Fund - Direct Plan - IDCW Option returned -0.27% — lagging the Index Fund category average of 5.41% by 5.68 pp. It ranked #180 of 226 in its category that year.

Nippon India Nifty 500 Equal Weight Index Fund - Direct Plan - IDCW Option doesn't fit cleanly into the standard Equity/Debt buckets in our taxonomy. Tax treatment depends on actual asset allocation as disclosed by the AMC — check the factsheet or AMFI's classification table.

We don't give personal investment advice. Nippon India Nifty 500 Equal Weight Index Fund - Direct Plan - IDCW Option is suitable for an investor whose:

understands what asset class this scheme actually invests in (check the factsheet)
matches that asset class's volatility profile to their goal horizon

Cross-check the numbers above against alternatives before deciding.

Educational content only — not investment advice. Tax rules summarised above reflect Budget 2024; consult a qualified adviser before transacting.

Nippon India Nifty 500 Equal Weight Index Fund - Direct Plan - IDCW Option

NAV history & peer comparison

Returns matrix

Calendar-year returns

Rolling returns

SIP returns — historical "what if"

Peers in Index Fund

Recent NAVs

Frequently asked questions

More from Nippon India