NFO Alert: Nippon India Mutual Fund Launches 2 New Index Funds Based on Nifty 500

Nippon India Mutual Fund has introduced two open-ended index schemes, Nippon India Nifty 500 Low Volatility 50 Index Fund and Nippon India Nifty 500 Quality 50 Index Fund. Subscriptions for both schemes opened on April 16, 2025, and will close on April 30, 2025.

Scheme Structure and Basic Details

Both funds fall under the Equity: Flexi Cap category and are benchmarked against indices under the Nifty 500 umbrella.

Investment Objectives

The Low Volatility 50 Fund aims to generate returns that correspond to the performance of the Nifty 500 Low Volatility 50 Index. This index consists of 50 stocks from the Nifty 500 with lower volatility, selected based on their past price fluctuations.

The Quality 50 Fund seeks to mirror the returns of the Nifty 500 Quality 50 Index. This index includes companies selected based on financial metrics such as return on equity, debt-to-equity ratio, and profit consistency.

Conclusion

Both schemes are designed to passively track their respective indices. The funds are currently open for investment and will close to new subscriptions on April 30, 2025.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Mutual Fund investments in the securities market are subject to market risks, read all the related documents carefully before investing.