Key Features of Nippon India Nifty 500 Equal Weight Index Fund

This fund invests in the top 500 listed companies with equal weight for each stock, reducing concentration risk. It offers broad market exposure across large-, mid-, and small-cap segments. The equal-weight strategy can outperform during mid- and small-cap rallies. It’s passively managed, cost-efficient, and ideal for long-term investors seeking diversified equity exposure.