Fund House
Nippon India Mutual Fund
Category
Other Scheme - Index Funds
Plan
Direct
Option
Growth
Scheme Code
#152842
Investment Calculator
SIP (Monthly)
Lumpsum (One-Time)
Invested Amount
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Est. Returns
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Total Value
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Invested
Returns
Calculator uses compound interest. Default return is based on this fund's 1-year performance. Actual returns may vary. Past performance ≠ future results.
NAV History
Recent NAV Data
| Date | NAV (₹) | Change |
|---|---|---|
| 24-07-2026 | 9.6936 | -0.0121 (-0.12%) |
| 23-07-2026 | 9.7057 | -0.0913 (-0.93%) |
| 22-07-2026 | 9.7970 | -0.1068 (-1.08%) |
| 21-07-2026 | 9.9038 | +0.0294 (+0.30%) |
| 20-07-2026 | 9.8744 | +0.0236 (+0.24%) |
| 17-07-2026 | 9.8508 | -0.0318 (-0.32%) |
| 16-07-2026 | 9.8826 | -0.0069 (-0.07%) |
| 15-07-2026 | 9.8895 | +0.0512 (+0.52%) |
| 14-07-2026 | 9.8383 | -0.0891 (-0.90%) |
| 13-07-2026 | 9.9274 | +0.0261 (+0.26%) |
| 10-07-2026 | 9.9013 | +0.1409 (+1.44%) |
| 09-07-2026 | 9.7604 | +0.1250 (+1.30%) |
| 08-07-2026 | 9.6354 | -0.1920 (-1.95%) |
| 07-07-2026 | 9.8274 | -0.0496 (-0.50%) |
| 06-07-2026 | 9.8770 | +0.0266 (+0.27%) |
| 03-07-2026 | 9.8504 | +0.0109 (+0.11%) |
| 02-07-2026 | 9.8395 | +0.0862 (+0.88%) |
| 01-07-2026 | 9.7533 | +0.0417 (+0.43%) |
| 30-06-2026 | 9.7116 | +0.0331 (+0.34%) |
| 29-06-2026 | 9.6785 | -0.0555 (-0.57%) |
| 25-06-2026 | 9.7340 | -0.0379 (-0.39%) |
| 24-06-2026 | 9.7719 | +0.0175 (+0.18%) |
| 23-06-2026 | 9.7544 | -0.0871 (-0.89%) |
| 22-06-2026 | 9.8415 | +0.0658 (+0.67%) |
| 19-06-2026 | 9.7757 | +0.0301 (+0.31%) |
| 18-06-2026 | 9.7456 | +0.0591 (+0.61%) |
| 17-06-2026 | 9.6865 | +0.0581 (+0.60%) |
| 16-06-2026 | 9.6284 | +0.0404 (+0.42%) |
| 15-06-2026 | 9.5880 | +0.1366 (+1.45%) |
| 12-06-2026 | 9.4514 | +0.2258 (+2.45%) |
| 11-06-2026 | 9.2256 | -0.0847 (-0.91%) |
| 10-06-2026 | 9.3103 | -0.0984 (-1.05%) |
| 09-06-2026 | 9.4087 | +0.1192 (+1.28%) |
| 08-06-2026 | 9.2895 | -0.1626 (-1.72%) |
| 05-06-2026 | 9.4521 | -0.0022 (-0.02%) |
| 04-06-2026 | 9.4543 | +0.0422 (+0.45%) |
| 03-06-2026 | 9.4121 | -0.0153 (-0.16%) |
| 02-06-2026 | 9.4274 | +0.0485 (+0.52%) |
| 01-06-2026 | 9.3789 | -0.0940 (-0.99%) |
| 29-05-2026 | 9.4729 | -0.0886 (-0.93%) |
| 27-05-2026 | 9.5615 | +0.0575 (+0.61%) |
| 26-05-2026 | 9.5040 | +0.0130 (+0.14%) |
| 25-05-2026 | 9.4910 | +0.0988 (+1.05%) |
| 22-05-2026 | 9.3922 | +0.0060 (+0.06%) |
| 21-05-2026 | 9.3862 | +0.0473 (+0.51%) |
| 20-05-2026 | 9.3389 | +0.0124 (+0.13%) |
| 19-05-2026 | 9.3265 | +0.0746 (+0.81%) |
| 18-05-2026 | 9.2519 | -0.1005 (-1.07%) |
| 15-05-2026 | 9.3524 | -0.0429 (-0.46%) |
| 14-05-2026 | 9.3953 | +0.0492 (+0.53%) |
| 13-05-2026 | 9.3461 | +0.0425 (+0.46%) |
| 12-05-2026 | 9.3036 | -0.2638 (-2.76%) |
| 11-05-2026 | 9.5674 | -0.1241 (-1.28%) |
| 08-05-2026 | 9.6915 | -0.0034 (-0.04%) |
| 07-05-2026 | 9.6949 | +0.0873 (+0.91%) |
| 06-05-2026 | 9.6076 | +0.1458 (+1.54%) |
| 05-05-2026 | 9.4618 | +0.0066 (+0.07%) |
| 04-05-2026 | 9.4552 | +0.0899 (+0.96%) |
| 30-04-2026 | 9.3653 | -0.0641 (-0.68%) |
| 29-04-2026 | 9.4294 | +0.0237 (+0.25%) |
About This Fund
Nippon India Nifty 500 Equal Weight Index Fund - Direct Plan - Growth Option is a mutual fund scheme offered by Nippon India Mutual Fund. It is classified under the Other Scheme - Index Funds category by SEBI. As a Direct Growth plan, it has a lower expense ratio than its Regular counterpart, with all gains reinvested for compounding. The latest NAV is ₹9.69360 as on 24-07-2026. Index Funds passively track a benchmark index like NIFTY 50, SENSEX, or NIFTY Next 50 by replicating its composition. They have very low expense ratios (0.1-0.5%) compared to actively managed funds (1-2.5%). Index funds are ideal for investors who believe in efficient market hypothesis and prefer low-cost investing. Past performance does not guarantee future results. Please consult a SEBI-registered financial advisor before investing.
Frequently Asked Questions
What is the latest NAV of Nippon India Nifty 500 Equal Weight Index Fund - Direct Plan - Growth Option?
The latest NAV of Nippon India Nifty 500 Equal Weight Index Fund - Direct Plan - Growth Option is ₹9.69360 as on 24-07-2026. NAV (Net Asset Value) represents the per-unit market value of the fund and is updated on every business day by AMFI.
What category does Nippon India Nifty 500 Equal Weight Index Fund - Direct Plan - Growth Option belong to?
Nippon India Nifty 500 Equal Weight Index Fund - Direct Plan - Growth Option is classified under "Other Scheme - Index Funds" by SEBI. Index Funds passively track a benchmark index like NIFTY 50, SENSEX, or NIFTY Next 50 by replicating its composition. They have very low expense ratios (0.1-0.5%) compared to actively managed funds (1-2.5%). Index funds are ideal for investors who believe in efficient market hypothesis and prefer low-cost investing.
What is the difference between Direct and Regular plan of Nippon India Nifty 500 Equal Weight Index Fund - Direct Plan - Growth Option?
The Direct plan of Nippon India Nifty 500 Equal Weight Index Fund - Direct Plan - Growth Option has a lower expense ratio as it does not involve any distributor/agent commission. This means more of your money is invested, leading to better long-term returns compared to the Regular plan. You can invest in Direct plans through the AMC website or platforms like MFCentral, Kfintech, or CAMS.
How can I invest in Nippon India Nifty 500 Equal Weight Index Fund - Direct Plan - Growth Option?
You can invest in Nippon India Nifty 500 Equal Weight Index Fund - Direct Plan - Growth Option through: (1) The Nippon India Mutual Fund official website or app, (2) SEBI-registered online platforms like Groww, Zerodha Coin, ET Money, Kuvera, (3) MFCentral or your bank's investment portal, or (4) Through a SEBI-registered mutual fund distributor. You can start a SIP (Systematic Investment Plan) with as low as ₹500/month or make a lumpsum investment.
Can I start a SIP in Nippon India Nifty 500 Equal Weight Index Fund - Direct Plan - Growth Option?
Yes, you can start a Systematic Investment Plan (SIP) in Nippon India Nifty 500 Equal Weight Index Fund - Direct Plan - Growth Option. SIP allows you to invest a fixed amount (typically starting from ₹500) at regular intervals (monthly/quarterly). SIP helps in rupee cost averaging and disciplined investing. Use our SIP calculator on this page to estimate your potential returns.
What is the scheme code and ISIN of Nippon India Nifty 500 Equal Weight Index Fund - Direct Plan - Growth Option?
The AMFI scheme code for Nippon India Nifty 500 Equal Weight Index Fund - Direct Plan - Growth Option is 152842. The ISIN (International Securities Identification Number) is INF204KC1DA8. These unique identifiers are used for transactions, KYC, and portfolio tracking across all platforms.