Navi Nifty Midsmallcap 400 Index Fund vs Nippon India Nifty 500 Equal Weight Index Fund
Direct Plan, Growth option · Data as on 30-10-2026
Navi Nifty Midsmallcap 400 Index Fund is an Index fund and Nippon India Nifty 500 Equal Weight Index Fund is a mutual fund. Navi Nifty Midsmallcap 400 Index Fund charges 0.52% a year and Nippon India Nifty 500 Equal Weight Index Fund 0.55% (Direct plans). Their portfolios overlap 57.7%: they hold 395 of the same securities.
Navi Nifty Midsmallcap 400 Index Fund
Index
- Expense ratio
- 0.52%
- NAV
- ₹9.88
Nippon India Nifty 500 Equal Weight Index Fund
- Expense ratio
- 0.55%
- NAV
- ₹8.99
Which is better, Navi Nifty Midsmallcap 400 Index or Nippon India Nifty 500 Equal Weight Index? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Navi Nifty Midsmallcap 400 Index costs less: 0.52% a year against 0.55% (Direct plans).
- Navi Nifty Midsmallcap 400 Index fell less in its worst fall since 10-12-2025: −14.3% against −15.2%.
- Nippon India Nifty 500 Equal Weight Index holds more in large companies: 20.0% of the fund in large caps against 3.7%.
- Nippon India Nifty 500 Equal Weight Index is the larger fund: ₹450 Cr against ₹12 Cr.
- Their portfolios overlap 57.7%: 395 of the same holdings.
Past returns do not promise future returns. This page is information, not investment advice.
Key facts
From each fund's scheme summary document and AMFI
| Fact | Navi Nifty Midsmallcap 400 Index Fund | Nippon India Nifty 500 Equal Weight Index Fund |
|---|---|---|
| Fund house | Navi Mutual Fund | Nippon India Mutual Fund |
| Category | Index | Not available |
| AUM | ₹12 Cr (30-09-2026) | ₹450 Cr (30-09-2026) |
| NAV | ₹9.88 (Direct) | ₹8.99 (Direct) |
| Expense ratio (Direct) | 0.52% | 0.55% |
| Expense ratio (Regular) | 1.40% | 1.13% |
| Riskometer | Very High | Not available |
| Benchmark | Nifty MidSmallcap 400 Index | Not available |
| Launch date | 09-12-2025 | Not available |
| Minimum investment | ₹100 | Not available |
| Lock in | None | Not available |
| Fund managers | Ashutosh Shirwaikar | Not available |
| Exit load | NIL | Not available |
Navi Nifty Midsmallcap 400 Index vs Nippon India Nifty 500 Equal Weight Index: Returns Comparison
Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y |
|---|---|---|---|---|---|---|---|
| Navi Nifty Midsmallcap 400 Index Fund (Direct) | −4.45% | −7.72% | −2.85% | -- | -- | -- | -- |
| Nippon India Nifty 500 Equal Weight Index Fund (Direct) | −5.15% | −8.61% | −3.99% | −7.19% | -- | -- | -- |
Navi Nifty Midsmallcap 400 Index vs Nippon India Nifty 500 Equal Weight Index: Year-wise Returns
| Year | Navi Nifty Midsmallcap 400Navi Nifty Midsmallcap 400 Index | Nippon India Nifty 500 Equal WeightNippon India Nifty 500 Equal Weight Index |
|---|---|---|
| 2026to date | −3.70% | −4.68% |
| 2025 | -- | +0.45% |
Navi Nifty Midsmallcap 400 Index vs Nippon India Nifty 500 Equal Weight Index: Rolling Returns
Every holding period of both funds, against Nifty MidSmallcap 400 TRI, the benchmark of Navi Nifty Midsmallcap 400 Index Fund
Navi Nifty Midsmallcap 400 Index vs Nippon India Nifty 500 Equal Weight Index: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Navi Nifty Midsmallcap 400 Index Fund (Direct) | Nippon India Nifty 500 Equal Weight Index Fund (Direct) |
|---|---|---|
| Return (CAGR) | −1.14% | −4.56% |
| Standard deviation | 17.20% | 17.11% |
| Sharpe ratio | -0.37 | -0.60 |
| Sortino ratio | -0.50 | -0.79 |
| Maximum drawdown | −14.3% (23-03-2026) | −23.9% (03-03-2025) |
| Beta | 0.99 | 1.00 |
| Alpha | −0.90% | −0.53% |
From daily NAVs, 10-12-2025 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
Drawdowns
How far below its previous high each one was on every day: the falls an investor had to sit through. 0% means it was at a new high.
−20%−15%−10%−5%0%
Navi Nifty Midsmallcap 400 Index Fund (Direct)
Nippon India Nifty 500 Equal Weight Index Fund (Direct)
Nifty MidSmallcap 400 TRI
2026
Navi Nifty Midsmallcap 400 Index Fund (Direct)Nippon India Nifty 500 Equal Weight Index Fund (Direct)Nifty MidSmallcap 400 TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Navi Nifty Midsmallcap 400 Index Fund (Direct) | −14.3% | 07-01-2026 | 23-03-2026 | 06-05-2026 | 44 days | −10.1% |
| Nippon India Nifty 500 Equal Weight Index Fund (Direct) | −15.2% | 05-01-2026 | 30-03-2026 | 06-05-2026 | 37 days | −10.6% |
| Nifty MidSmallcap 400 TRI | −14.3% | 07-01-2026 | 23-03-2026 | 06-05-2026 | 44 days | −10.0% |
From daily values since 10-12-2025, the first day every fund has.
Navi Nifty Midsmallcap 400 Index vs Nippon India Nifty 500 Equal Weight Index: Portfolio Overlap
From each fund's latest monthly portfolio: Navi Nifty Midsmallcap 400 Index Fund, September 2026; Nippon India Nifty 500 Equal Weight Index Fund, September 2026
Holdings in common
- Overlap
- 57.7%
- Held by both
- 395
- Only in Navi Nifty Midsmallcap 400 Index
- 1
- Only in Nippon India Nifty 500 Equal Weight Index
- 105
| Security | % of Navi Nifty Midsmallcap 400 Index | % of Nippon India Nifty 500 Equal Weight Index |
|---|---|---|
| CUPID LTD. | 0.33% | 0.24% |
| HFCL LIMITED | 0.37% | 0.22% |
| KIRLOSKAR OIL ENGINES LTD | 0.30% | 0.22% |
| ONE 97 COMMUNICATIONS LIMITED | 1.14% | 0.21% |
| THE INDIAN HOTELS COMPANY LIMITED | 1.01% | 0.21% |
| LENSKART SOLUTIONS LIMITED | 0.80% | 0.21% |
| ICICI LOMBARD GENERAL INSURANCE COMPANY | 0.61% | 0.21% |
| SONA BLW PRECISION FORGINGS LIMITED | 0.59% | 0.21% |
| MANKIND PHARMA LIMITED | 0.45% | 0.21% |
| LLOYDS METALS AND ENERGY LIMITED | 0.41% | 0.21% |
| PRESTIGE ESTATES PROJECTS LIMITED | 0.40% | 0.21% |
| MRF LIMITED | 0.40% | 0.21% |
| CITY UNION BANK LIMITED | 0.34% | 0.21% |
| JK CEMENT LIMITED | 0.34% | 0.21% |
| MEESHO LIMITED | 0.33% | 0.21% |
| PNB HOUSING FINANCE LIMITED | 0.33% | 0.21% |
| ITC HOTELS LIMITED | 0.29% | 0.21% |
| TD POWER SYSTEMS LIMITED | 0.28% | 0.21% |
| ACUTAAS CHEMICALS LIMITED | 0.27% | 0.21% |
| AEGIS LOGISTICS LTD | 0.27% | 0.21% |
| AJANTA PHARMA LIMITED | 0.26% | 0.21% |
| THE GREAT EASTERN SHIPPING COMPANY LTD | 0.25% | 0.21% |
| DR. LAL PATH LABS LTD. | 0.25% | 0.21% |
| SYRMA SGS TECHNOLOGY LIMITED | 0.22% | 0.21% |
| ABBOTT INDIA LIMITED | 0.22% | 0.21% |
| ELGI EQUIPMENTS LIMITED | 0.21% | 0.21% |
| APOLLO TYRES LIMITED | 0.21% | 0.21% |
| LINDE INDIA LIMITED | 0.21% | 0.21% |
| PTC INDUSTRIES LIMITED | 0.21% | 0.21% |
| MULTI COMMODITY EXCHANGE OF INDIA LTD. | 1.33% | 0.20% |
| THE FEDERAL BANK LIMITED | 1.24% | 0.20% |
| LAURUS LABS LIMITED | 1.22% | 0.20% |
| HERO MOTOCORP LIMITED | 1.08% | 0.20% |
| BHARAT HEAVY ELECTRICALS LIMITED | 0.96% | 0.20% |
| COFORGE LIMITED | 0.96% | 0.20% |
| INDUSIND BANK LIMITED | 0.94% | 0.20% |
| AU SMALL FINANCE BANK LIMITED | 0.93% | 0.20% |
| PERSISTENT SYSTEMS LTD | 0.91% | 0.20% |
| DIXON TECHNOLOGIES (INDIA) LIMITED | 0.87% | 0.20% |
| IDFC FIRST BANK LIMITED | 0.86% | 0.20% |
| BHARAT FORGE LIMITED | 0.85% | 0.20% |
| GE VERNOVA T&D INDIA LIMITED | 0.82% | 0.20% |
| LIFE INSURANCE CORPORATION OF INDIA | 0.79% | 0.20% |
| LUPIN LIMITED | 0.78% | 0.20% |
| SUZLON ENERGY LIMITED | 0.76% | 0.20% |
| INDUS TOWERS LIMITED | 0.76% | 0.20% |
| INFO EDGE (INDIA) LIMITED | 0.75% | 0.20% |
| AUROBINDO PHARMA LIMITED | 0.73% | 0.20% |
| ASHOK LEYLAND LIMITED | 0.70% | 0.20% |
| FSN E-COMMERCE VENTURES LIMITED | 0.69% | 0.20% |
| MARICO LIMITED | 0.66% | 0.20% |
| APL APOLLO TUBES LIMITED | 0.63% | 0.20% |
| REC LIMITED | 0.59% | 0.20% |
| THE PHOENIX MILLS LIMITED | 0.57% | 0.20% |
| SRF LIMITED | 0.57% | 0.20% |
| WELSPUN CORP LTD | 0.56% | 0.20% |
| GLENMARK PHARMACEUTICALS LIMITED | 0.56% | 0.20% |
| RADICO KHAITAN LIMITED | 0.54% | 0.20% |
| HINDUSTAN PETROLEUM CORPORATION LIMITED | 0.53% | 0.20% |
| LODHA DEVELOPERS LIMITED | 0.53% | 0.20% |
| APAR INDUSTRIES LTD | 0.52% | 0.20% |
| GMR AIRPORTS LIMITED | 0.52% | 0.20% |
| ADITYA BIRLA CAPITAL LIMITED | 0.51% | 0.20% |
| KARUR VYSYA BANK LIMITED | 0.49% | 0.20% |
| ALKEM LABORATORIES LIMITED | 0.49% | 0.20% |
| NAVIN FLUORINE INTERNATIONAL LIMITED | 0.48% | 0.20% |
| JSW ENERGY LIMITED | 0.48% | 0.20% |
| UPL LIMITED | 0.48% | 0.20% |
| SHREE CEMENT LIMITED | 0.47% | 0.20% |
| SUNDARAM FINANCE LIMITED | 0.47% | 0.20% |
| VISHAL MEGA MART LIMITED | 0.45% | 0.20% |
| MPHASIS LIMITED | 0.45% | 0.20% |
| INDIAN BANK | 0.45% | 0.20% |
| 360 ONE WAM LIMITED | 0.43% | 0.20% |
| NHPC LIMITED | 0.43% | 0.20% |
| KEI INDUSTRIES LIMITED | 0.43% | 0.20% |
| BILLIONBRAINS GARAGE VENTURES LTD. | 0.42% | 0.20% |
| STEEL AUTHORITY OF INDIA LIMITED | 0.42% | 0.20% |
| PIRAMAL FINANCE LTD | 0.42% | 0.20% |
| IPCA LABORATORIES LIMITED | 0.42% | 0.20% |
| NMDC LIMITED | 0.42% | 0.20% |
| BIOCON LIMITED | 0.41% | 0.20% |
| ORACLE FINANCIAL SERVICES SOFTWARE | 0.40% | 0.20% |
| RBL BANK LIMITED | 0.40% | 0.20% |
| DELHIVERY LIMITED | 0.39% | 0.20% |
| VOLTAS LIMITED | 0.39% | 0.20% |
| REDINGTON LIMITED | 0.38% | 0.20% |
| JINDAL STAINLESS LIMITED | 0.37% | 0.20% |
| TORRENT POWER LIMITED | 0.37% | 0.20% |
| DABUR INDIA LIMITED | 0.36% | 0.20% |
| GLAND PHARMA LIMITED | 0.36% | 0.20% |
| CENTRAL DEPOSITORY SERVICES (INDIA) LTD. | 0.36% | 0.20% |
| SUPREME INDUSTRIES LIMITED | 0.35% | 0.20% |
| GODREJ PROPERTIES LIMITED | 0.35% | 0.20% |
| PAGE INDUSTRIES LIMITED | 0.35% | 0.20% |
| KALYAN JEWELLERS INDIA LIMITED | 0.34% | 0.20% |
| PETRONET LNG LIMITED | 0.34% | 0.20% |
| UNO MINDA LIMITED | 0.34% | 0.20% |
| MAHINDRA & MAHINDRA FINANCIAL SERV LTD. | 0.34% | 0.20% |
| JSW INFRASTRUCTURE LIMITED | 0.34% | 0.20% |
| SAI LIFE SCIENCES LTD. | 0.33% | 0.20% |
| SANSERA ENGINEERING LIMITED | 0.32% | 0.20% |
| KRISHNA INSTITUTE OF MEDICAL SCIENCE LTD | 0.32% | 0.20% |
| TATA COMMUNICATIONS LIMITED | 0.31% | 0.20% |
| ANAND RATHI WEALTH LIMITED | 0.31% | 0.20% |
| BLUE STAR LTD | 0.31% | 0.20% |
| EXIDE INDUSTRIES LIMITED | 0.30% | 0.20% |
| PI INDUSTRIES LIMITED | 0.30% | 0.20% |
| GUJARAT FLUOROCHEMICALS LIMITED | 0.29% | 0.20% |
| ICICI PRUDENTIAL AMC LTD | 0.29% | 0.20% |
| HINDUSTAN COPPER LIMITED | 0.29% | 0.20% |
| NEULAND LABORATORIES LTD | 0.29% | 0.20% |
| LG ELECTRONICS INDIA LIMITED | 0.28% | 0.20% |
| ICICI PRUDENTIAL LIFE INSURANCE COMPANY | 0.28% | 0.20% |
| ASTRAL LIMITED | 0.27% | 0.20% |
| BALKRISHNA INDUSTRIES LIMITED | 0.27% | 0.20% |
| ADANI TOTAL GAS LIMITED | 0.26% | 0.20% |
| CRAFTSMAN AUTOMATION LIMITED | 0.25% | 0.20% |
| HIMADRI SPECIALITY CHEMICAL LIMITED | 0.25% | 0.20% |
| KALPATARU PROJECTS INTERNATIONAL LIMITED | 0.25% | 0.20% |
| MOTILAL OSWAL FINANCIAL SERVICES LIMITED | 0.25% | 0.20% |
| POONAWALLA FINCORP LIMITED | 0.25% | 0.20% |
| SCHAEFFLER INDIA LTD | 0.25% | 0.20% |
| CONTAINER CORPORATION OF INDIA LIMITED | 0.24% | 0.20% |
| AIA ENGINEERING LIMITED | 0.24% | 0.20% |
| CARBORUNDUM UNIVERSAL LIMITED | 0.23% | 0.20% |
| AUTHUM INVESTMENT & INFRASTRUCTURE LTD. | 0.23% | 0.20% |
| AMBER ENTERPRISES INDIA LIMITED | 0.23% | 0.20% |
| CHOLAMANDALAM FINANCIAL HOLDINGS LIMITED | 0.22% | 0.20% |
| INDIAN RAILWAY CATERING & TOURISM CORP | 0.22% | 0.20% |
| IIFL FINANCE LIMITED | 0.22% | 0.20% |
| DALMIA BHARAT LIMITED | 0.21% | 0.20% |
| DATA PATTERNS (INDIA) LIMITED | 0.21% | 0.20% |
| THERMAX LIMITED | 0.21% | 0.20% |
| CROMPTON GREAVES CONSUMER ELECTRICAL LTD | 0.21% | 0.20% |
| BERGER PAINTS (I) LIMITED | 0.21% | 0.20% |
| GENERAL INSURANCE CORPORATION OF INDIA | 0.21% | 0.20% |
| NUVAMA WEALTH MANAGEMENT LIMITED | 0.21% | 0.20% |
| HDB FINANCIAL SERVICES LIMITED | 0.21% | 0.20% |
| PREMIER ENERGIES LIMITED | 0.20% | 0.20% |
| PIRAMAL PHARMA LIMITED | 0.20% | 0.20% |
| GRANULES INDIA LIMITED | 0.20% | 0.20% |
| CARTRADE TECH LIMITED | 0.20% | 0.20% |
| NARAYANA HRUDAYALAYA LIMITED | 0.20% | 0.20% |
| STAR HEALTH AND ALLIED INSURANCE CO LTD | 0.20% | 0.20% |
| COCHIN SHIPYARD LIMITED | 0.20% | 0.20% |
| FORTIS HEALTHCARE LIMITED | 0.64% | 0.19% |
| UNITED SPIRITS LIMITED | 0.63% | 0.19% |
| PB FINTECH LIMITED | 0.60% | 0.19% |
| SWIGGY LIMITED | 0.59% | 0.19% |
| MAX FINANCIAL SERVICES LIMITED | 0.58% | 0.19% |
| YES BANK LTD | 0.58% | 0.19% |
| NATIONAL ALUMINIUM COMPANY LIMITED | 0.48% | 0.19% |
| ATHER ENERGY LIMITED | 0.43% | 0.19% |
| HAVELLS INDIA LIMITED | 0.41% | 0.19% |
| TUBE INVESTMENTS OF INDIA LTD | 0.40% | 0.19% |
| OIL INDIA LIMITED | 0.39% | 0.19% |
| COLGATE PALMOLIVE (INDIA) LIMITED | 0.37% | 0.19% |
| WAAREE ENERGIES LIMITED | 0.36% | 0.19% |
| L&T FINANCE LIMITED | 0.36% | 0.19% |
| OBEROI REALTY LIMITED | 0.33% | 0.19% |
| ASTER DM HEALTHCARE LIMITED | 0.30% | 0.19% |
| WOCKHARDT LTD | 0.28% | 0.19% |
| BANDHAN BANK LIMITED | 0.28% | 0.19% |
| ANGEL ONE LIMITED | 0.28% | 0.19% |
| JUBILANT FOODWORKS LIMITED | 0.28% | 0.19% |
| SBI CARDS AND PAYMENT SERVICES LIMITED | 0.27% | 0.19% |
| MANAPPURAM FINANCE LIMITED | 0.27% | 0.19% |
| BANK OF MAHARASHTRA | 0.26% | 0.19% |
| COMPUTER AGE MANAGEMENT SERVICES LIMITED | 0.26% | 0.19% |
| BANK OF INDIA | 0.25% | 0.19% |
| LIC HOUSING FINANCE LIMITED | 0.25% | 0.19% |
| ONE SOURCE SPECIALTY PHARMA LTD | 0.19% | 0.19% |
| TATA TECHNOLOGIES LIMITED | 0.19% | 0.21% |
| GLOBAL HEALTH LIMITED | 0.19% | 0.19% |
| K.P.R. MILL LTD | 0.19% | 0.20% |
| COROMANDEL INTERNATIONAL LIMITED | 0.33% | 0.18% |
| PATANJALI FOODS LIMITED | 0.20% | 0.18% |
| KFIN TECHNOLOGIES LIMITED | 0.18% | 0.19% |
| GLAXOSMITHKLINE PHARMACEUTICALS LTD | 0.18% | 0.20% |
| TIMKEN INDIA LIMITED | 0.18% | 0.20% |
| RAIL VIKAS NIGAM LIMITED | 0.18% | 0.20% |
| ASAHI INDIA GLASS LIMITED | 0.18% | 0.20% |
| CRISIL LIMITED | 0.17% | 0.20% |
| SAMMAAN CAPITAL LTD. | 0.17% | 0.20% |
| FINOLEX CABLES LTD | 0.17% | 0.20% |
| DEEPAK NITRITE LTD | 0.17% | 0.20% |
| THE RAMCO CEMENTS LIMITED | 0.17% | 0.20% |
| ZF COMM. VEHICLE CONTROL SYSTEMS IND LTD | 0.17% | 0.20% |
| BHARTI HEXACOM LIMITED | 0.17% | 0.20% |
| HOME FIRST FINANCE COMPANY INDIA LIMITED | 0.17% | 0.20% |
| TATA ELXSI LIMITED | 0.17% | 0.20% |
| BRIGADE ENTERPRISES LIMITED | 0.17% | 0.20% |
| KAYNES TECHNOLOGY INDIA LTD. | 0.17% | 0.20% |
| SAGILITY LIMITED | 0.16% | 0.20% |
| FIVE-STAR BUSINESS FINANCE LIMITED | 0.16% | 0.20% |
| BHARAT DYNAMICS LIMITED | 0.16% | 0.20% |
| INDRAPRASTHA GAS LIMITED | 0.16% | 0.21% |
| KAJARIA CERAMICS LIMITED | 0.16% | 0.21% |
| ADANI WILMAR LIMITED | 0.16% | 0.20% |
| AARTI INDUSTRIES LIMITED | 0.16% | 0.20% |
| ADITYA INFOTECH LIMITED | 0.16% | 0.21% |
| AFFLE (INDIA) LIMITED | 0.15% | 0.20% |
| TATA CHEMICALS LIMITED | 0.15% | 0.19% |
| ANTHEM BIOSCIENCES LIMITED | 0.15% | 0.20% |
| ATUL LIMITED | 0.15% | 0.20% |
| INVENTURUS KNOWLEDGE SOLUTIONS LIMITED | 0.15% | 0.20% |
| PINE LABS LIMITED | 0.15% | 0.20% |
| CASTROL INDIA LIMITED | 0.15% | 0.20% |
| CAPRI GLOBAL CAPITAL LTD | 0.15% | 0.20% |
| NEYVELI LIGNITE CORPORATION LTD. | 0.15% | 0.20% |
| AMARA RAJA ENERGY & MOBILITY LIMITED | 0.15% | 0.20% |
| ENDURANCE TECHNOLOGIES LIMITED | 0.15% | 0.21% |
| L&T TECHNOLOGY SERVICES LTD | 0.14% | 0.21% |
| ESCORTS KUBOTA LIMITED | 0.14% | 0.19% |
| MOTHERSON SUMI WIRING INDIA LIMITED | 0.14% | 0.20% |
| NETWEB TECHNOLOGIES INDIA LIMITED | 0.14% | 0.20% |
| NTPC GREEN ENERGY LIMITED | 0.14% | 0.20% |
| CYIENT LIMITED | 0.14% | 0.21% |
| PVR INOX LIMITED | 0.14% | 0.20% |
| INDIAN RENEWABLE ENERGY DEV AGENCY LTD | 0.14% | 0.20% |
| USHA MARTIN LTD | 0.14% | 0.20% |
| ANANT RAJ LIMITED | 0.14% | 0.20% |
| HBL ENGINEERING LIMITED | 0.14% | 0.20% |
| BAJAJ HOUSING FINANCE LTD | 0.14% | 0.20% |
| DEEPAK FERTILIZERS AND PETRO. CORP. LTD | 0.14% | 0.20% |
| ACME SOLAR HOLDINGS LTD. | 0.14% | 0.20% |
| BELRISE INDUSTRIES LIMITED | 0.14% | 0.20% |
| JYOTI CNC AUTOMATION LTD | 0.14% | 0.20% |
| INDIAN ENERGY EXCHANGE LIMITED | 0.13% | 0.19% |
| AZAD ENGINEERING LIMITED | 0.13% | 0.22% |
| HOUSING AND URBAN DEVELOPMENT CORP. LTD. | 0.13% | 0.20% |
| KPIT TECHNOLOGIES LIMITED | 0.13% | 0.20% |
| NBCC (INDIA) LIMITED | 0.13% | 0.19% |
| OLA ELECTRIC MOBILITY LIMITED | 0.13% | 0.20% |
| EMCURE PHARMACEUTICALS LIMITED | 0.13% | 0.20% |
| PG ELECTROPLAST LIMITED | 0.13% | 0.19% |
| CESC LIMITED | 0.13% | 0.20% |
| ENGINEERS INDIA LIMITED | 0.13% | 0.20% |
| SHRIRAM PISTONS & RINGS LIMITED | 0.13% | 0.20% |
| TATA INVESTMENT CORPORATION LTD. | 0.13% | 0.19% |
| FIRSTSOURCE SOLUTIONS LTD | 0.13% | 0.20% |
| UNITED BREWERIES LIMITED | 0.13% | 0.19% |
| R R KABEL LIMITED | 0.13% | 0.20% |
| APTUS VALUE HOUSING FINANCE INDIA LTD | 0.13% | 0.19% |
| HEXAWARE TECHNOLOGIES LIMITED | 0.12% | 0.20% |
| BALRAMPUR CHINI MILLS LIMITED | 0.12% | 0.20% |
| ZEN TECHNOLOGIES LIMITED | 0.12% | 0.20% |
| BEML LIMITED | 0.12% | 0.20% |
| GODFREY PHILLIPS INDIA LIMITED | 0.12% | 0.20% |
| JAIPRAKASH POWER VENTURES LIMITED | 0.12% | 0.20% |
| ADITYA BIRLA SUN LIFE MUTUAL FUND | 0.12% | 0.20% |
| FORCE MOTORS LTD. | 0.12% | 0.20% |
| GABRIEL INDIA LIMITED | 0.12% | 0.20% |
| EMAMI LTD | 0.12% | 0.20% |
| NAVA LIMITED | 0.12% | 0.21% |
| ECLERX SERVICES LIMITED | 0.12% | 0.20% |
| SHYAM METALICS AND ENERGY LTD. | 0.12% | 0.20% |
| NATCO PHARMA LIMITED | 0.12% | 0.20% |
| ACC LIMITED | 0.11% | 0.20% |
| COHANCE LIFESCIENCES LIMITED | 0.11% | 0.20% |
| VIJAYA DIAGNOSTIC CENTRE LIMITED | 0.11% | 0.19% |
| INOX WIND LIMITED | 0.11% | 0.19% |
| PARADEEP PHOSPHATES LIMITED | 0.11% | 0.20% |
| PHYSICSWALLAH LIMITED | 0.11% | 0.19% |
| EID PARRY INDIA LIMITED | 0.11% | 0.20% |
| CHENNAI PETROLEUM CORPORATION LTD. | 0.11% | 0.21% |
| WELSPUN LIVING LIMITED | 0.11% | 0.21% |
| ZEE ENTERTAINMENT ENTERPRISES LIMITED | 0.11% | 0.20% |
| SYNGENE INTERNATIONAL LIMITED | 0.11% | 0.20% |
| RAMKRISHNA FORGINGS LIMITED | 0.11% | 0.20% |
| CCL PRODUCTS (INDIA) LIMITED | 0.11% | 0.20% |
| CEAT LIMITED | 0.11% | 0.20% |
| HONEYWELL AUTOMATION INDIA LIMITED | 0.11% | 0.20% |
| WHIRLPOOL OF INDIA LIMITED | 0.11% | 0.20% |
| CREDITACCESS GRAMEEN LIMITED | 0.11% | 0.20% |
| IRB INFRASTRUCTURE DEVELOPERS LIMITED | 0.11% | 0.20% |
| SCHNEIDER ELECTRIC INFRASTRUCTURE LTD. | 0.11% | 0.20% |
| MAHANAGAR GAS LIMITED | 0.10% | 0.20% |
| CHAMBAL FERTILIZERS & CHEMICALS LIMITED | 0.10% | 0.20% |
| HONASA CONSUMER LIMITED | 0.10% | 0.19% |
| CHOICE INTERNATIONAL LIMITED | 0.10% | 0.20% |
| TRIVENI TURBINE LTD. | 0.10% | 0.20% |
| THE JAMMU & KASHMIR BANK LIMITED | 0.10% | 0.19% |
| POLY MEDICURE LTD | 0.10% | 0.20% |
| JINDAL SAW LTD | 0.10% | 0.20% |
| GARDEN REACH SHIPBUILDERS & ENGINEER LTD | 0.10% | 0.19% |
| CAN FIN HOMES LIMITED | 0.10% | 0.20% |
| TITAGARH RAIL SYSTEMS LIMITED | 0.10% | 0.20% |
| ITD CEMENTATION INDIA LIMITED | 0.10% | 0.19% |
| RAINBOW CHILDRENS MEDICARE LIMITED | 0.10% | 0.20% |
| ADITYA BIRLA REAL ESTATE LIMITED | 0.09% | 0.19% |
| THANGAMAYIL JEWELLERY LIMITED | 0.09% | 0.20% |
| AETHER INDUSTRIES LIMITED | 0.09% | 0.20% |
| JUBILANT INGREVIA LIMITED | 0.09% | 0.20% |
| URBAN COMPANY LIMITED | 0.09% | 0.19% |
| GODAWARI POWER AND ISPAT LIMITED | 0.09% | 0.20% |
| VEDANTA IRON AND STEEL LIMITED | 0.09% | 0.20% |
| EIH LIMITED | 0.09% | 0.21% |
| INTELLECT DESIGN ARENA LTD | 0.09% | 0.20% |
| GILLETTE INDIA LIMITED | 0.09% | 0.20% |
| SUN TV NETWORK LIMITED | 0.09% | 0.24% |
| CAPLIN POINT LABORATORIES LIMITED | 0.09% | 0.20% |
| RUBICON RESEARCH LIMITED | 0.09% | 0.20% |
| PCBL LIMITED | 0.09% | 0.20% |
| RELIANCE POWER LIMITED | 0.09% | 0.20% |
| SOBHA LIMITED | 0.09% | 0.20% |
| TBO TEK LIMITED | 0.09% | 0.20% |
| VEDANTA POWER LIMITED | 0.09% | 0.20% |
| VEDANTA OIL & GAS LIMITED | 0.09% | 0.20% |
| LT FOODS LTD | 0.09% | 0.19% |
| MINDA CORPORATION LIMITED | 0.09% | 0.21% |
| DEVYANI INTERNATIONAL LIMITED | 0.09% | 0.20% |
| CANARA HSBC LIFE INSURANCE COMPANY LTD | 0.08% | 0.20% |
| NMDC STEEL LIMITED | 0.08% | 0.20% |
| TENNECO CLEAN AIR INDIA LIMITED | 0.08% | 0.20% |
| AAVAS FINANCIERS LIMITED | 0.08% | 0.20% |
| SUMITOMO CHEMICAL INDIA LIMITED | 0.08% | 0.20% |
| TECHNO ELECTRIC & ENGINEERING COMPANY LI | 0.08% | 0.21% |
| GRAPHITE INDIA LTD | 0.08% | 0.19% |
| KEC INTERNATIONAL LIMITED | 0.08% | 0.19% |
| CENTRAL BANK OF INDIA | 0.08% | 0.20% |
| ZENSAR TECHNOLOGIES LIMITED | 0.08% | 0.20% |
| CIE AUTOMOTIVE INDIA LTD. | 0.08% | 0.20% |
| ACTION CONSTRUCTION EQUIPMENT LTD | 0.08% | 0.21% |
| ZYDUS WELLNESS LTD | 0.08% | 0.20% |
| JM FINANCIAL LTD | 0.08% | 0.21% |
| VARDHMAN TEXTILES LIMITED | 0.08% | 0.20% |
| NCC LIMITED | 0.08% | 0.20% |
| AADHAR HOUSING FINANCE LIMITED | 0.08% | 0.20% |
| INDIAMART INTERMESH LTD | 0.08% | 0.20% |
| PRIVI SPECIALITY CHEMICALS LTD | 0.08% | 0.20% |
| LEMON TREE HOTELS LIMITED | 0.08% | 0.20% |
| SJVN LIMITED | 0.07% | 0.20% |
| IDBI BANK LIMITED | 0.07% | 0.20% |
| GRAVITA INDIA LIMITED | 0.07% | 0.20% |
| IFCI LIMITED | 0.07% | 0.19% |
| AEGIS VOPAK TERMINALS LIMITED | 0.07% | 0.21% |
| THE SHIPPING CORP OF INDIA LTD | 0.07% | 0.20% |
| GUJARAT MINERAL DEVELOPMENT CORP. | 0.07% | 0.19% |
| FERTILIZERS AND CHEMICALS TRAVANCORE LTD | 0.07% | 0.20% |
| EMMVEE PHOTOVOLTAIC POWER LIMITED | 0.07% | 0.20% |
| GODREJ INDUSTRIES LTD | 0.07% | 0.19% |
| OLECTRA GREENTECH LIMITED | 0.07% | 0.19% |
| DOMS INDUSTRIES LIMITED | 0.07% | 0.21% |
| CONCORD BIOTECH LIMITED | 0.07% | 0.19% |
| SARDA ENERGY & MINERALS LTD | 0.07% | 0.21% |
| INDIAN OVERSEAS BANK | 0.07% | 0.20% |
| JK TYRE & INDUSTRIES LTD | 0.07% | 0.21% |
| INOX INDIA LIMITED | 0.07% | 0.19% |
| KIRLOSKAR BROTHERS LIMITED | 0.07% | 0.21% |
| BIRLASOFT LTD | 0.07% | 0.20% |
| KSB LIMITED | 0.07% | 0.21% |
| TEJAS NETWORKS LIMITED | 0.06% | 0.20% |
| TEGA INDUSTRIES LIMITED | 0.06% | 0.21% |
| BRAINBEES SOLUTIONS LTD. | 0.06% | 0.20% |
| UTI ASSET MANAGEMENT COMPANY LTD | 0.06% | 0.20% |
| HEG GRAPHITE LIMITED | 0.06% | 0.19% |
| AFCONS INFRASTRUCTURE LIMITED | 0.06% | 0.20% |
| BATA INDIA LIMITED | 0.06% | 0.20% |
| ELECON ENGINEERING COMPANY LIMITED | 0.06% | 0.21% |
| FRACTAL ANALYTICS LIMITED | 0.06% | 0.20% |
| CLEAN SCIENCE AND TECHNOLOGY LIMITED | 0.06% | 0.20% |
| THE NEW INDIA ASSURANCE COMPANY LTD | 0.06% | 0.19% |
| ALLIED BLENDERS AND DISTILLERS LIMITED | 0.06% | 0.21% |
| CLEAN MAX ENVIRO ENERGY SOLUTIONS LTD | 0.06% | 0.19% |
| SWAN ENERGY LIMITED | 0.06% | 0.19% |
| BLACK BOX LIMITED | 0.06% | 0.21% |
| JSW CEMENT LIMITED | 0.06% | 0.20% |
| ANUPAM RASAYAN INDIA LIMITED | 0.06% | 0.20% |
| IRCON INTERNATIONAL LIMITED | 0.06% | 0.23% |
| INTERNATIONAL GEMMOLOGICAL INSTITUTE LTD | 0.05% | 0.20% |
| MANGALORE REFINERY & PETROCHEMICALS LTD | 0.05% | 0.21% |
| NUVOCO VISTAS CORPORATION LIMITED | 0.05% | 0.21% |
| JUPITER WAGONS LIMITED | 0.05% | 0.21% |
| PRIME FOCUS LTD | 0.05% | 0.21% |
| TRANSFORMERS & RECTIFIERS (INDIA) LTD | 0.05% | 0.20% |
| AVANTI FEEDS LIMITED | 0.05% | 0.20% |
| SIGNATURE GLOBAL (INDIA) LIMITED | 0.05% | 0.19% |
| CENTRAL MINE PLANNING & DESIGN INST LTD | 0.04% | 0.20% |
| TRIDENT LIMITED | 0.04% | 0.20% |
| RAILTEL CORPORATION OF INDIA LIMITED | 0.04% | 0.21% |
| BLS INTERNATIONAL SERVICES LIMITED | 0.04% | 0.20% |
| ITI LTD. | 0.04% | 0.20% |
| RITES LIMITED | 0.04% | 0.21% |
| UCO BANK | 0.04% | 0.20% |
| RHI MAGNESITA INDIA LIMITED | 0.04% | 0.20% |
| JBM AUTO LTD | 0.04% | 0.19% |
| JAIN RESOURCE RECYCLING LIMITED | 0.03% | 0.21% |
| GALLANTT ISPAT LIMITED | 0.03% | 0.20% |
| INDIA CEMENTS LTD | 0.03% | 0.19% |
| TATA TELESERVICES (MAHARASHTRA) LIMITED | 0.03% | 0.20% |
| HEG LIMITED | 0.03% | 0.06% |
| BHARAT COKING COAL LIMITED | 0.02% | 0.21% |
| MMTC LTD | 0.01% | 0.20% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 57.7% means 57.7% of each fund's money sits in positions the other also holds. Matched by ISIN. Cash and hedged positions are left out.
Largest holdings only in Navi Nifty Midsmallcap 400 Index Fund
| Security | % of fund |
|---|---|
| NIPPON LIFE INDIA ASSET MANAGEMENT LTD | 0.31% |
Largest holdings only in Nippon India Nifty 500 Equal Weight Index Fund
| Security | % of fund |
|---|---|
| Dr. Reddy's Laboratories Limited | 0.21% |
| Kotak Mahindra Bank Limited | 0.21% |
| Axis Bank Limited | 0.21% |
| InterGlobe Aviation Limited | 0.21% |
| Adani Ports and Special Economic Zone Limited | 0.21% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Navi Nifty Midsmallcap 400 Index | Nippon India Nifty 500 Equal Weight Index |
|---|---|---|
| Equity | 97.8% | 99.0% |
| Debt | 0.0% | 0.0% |
| Cash and others | 2.2% | 1.0% |
Market cap of stocks
| Market cap | Navi Nifty Midsmallcap 400 Index | Nippon India Nifty 500 Equal Weight Index |
|---|---|---|
| Large Cap | 3.7% | 20.0% |
| Mid Cap | 59.3% | 28.7% |
| Small Cap | 34.5% | 49.9% |
| Not on AMFI's list | 0.3% | 0.4% |
Share of the whole fund. Groups follow AMFI's latest list: Large Cap is the 100 largest companies, Mid Cap the next 150, Small Cap the rest.
Largest sectors
| Sector | Navi Nifty Midsmallcap 400 Index | Nippon India Nifty 500 Equal Weight Index |
|---|---|---|
| PHARMACEUTICALS & BIOTECHNOLOGY | 8.6% | 0.0% |
| Finance | 0.0% | 8.3% |
| BANKS | 7.4% | 0.0% |
| FINANCE | 7.0% | 0.0% |
| Pharmaceuticals & Biotechnology | 0.0% | 6.4% |
| AUTO COMPONENTS | 5.9% | 0.0% |
| Auto Components | 0.0% | 5.6% |
| Industrial Products | 0.0% | 5.3% |
| Banks | 0.0% | 5.2% |
| CAPITAL MARKETS | 4.9% | 0.0% |
| INDUSTRIAL PRODUCTS | 4.9% | 0.0% |
| Electrical Equipment | 0.0% | 4.0% |
The six largest sectors of each fund's stocks, % of the fund.
Navi Nifty Midsmallcap 400 Index vs Nippon India Nifty 500 Equal Weight Index: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Navi Nifty Midsmallcap 400 Index Fund | Nippon India Nifty 500 Equal Weight Index Fund |
|---|---|---|
| Total expense ratio (Direct) | 0.52% | 0.55% |
| Base expense ratio (Direct) | 0.15% | 0.30% |
| Total expense ratio (Regular) | 1.40% | 1.13% |
| Base expense ratio (Regular) | 0.90% | 0.79% |
The expense ratio comes out of the fund's assets every day, so every return on this page is already after it. Base expense ratio: the fund house's own fee. The total adds brokerage, transaction costs, and levies with GST.
Navi Nifty Midsmallcap 400 Index Fund vs Nippon India Nifty 500 Equal Weight Index Fund: Frequently Asked Questions
What is the difference between Navi Nifty Midsmallcap 400 Index Fund and Nippon India Nifty 500 Equal Weight Index Fund?
Navi Nifty Midsmallcap 400 Index Fund is an Index fund, Nippon India Nifty 500 Equal Weight Index Fund is a mutual fund, run by Navi Mutual Fund and Nippon India Mutual Fund. Their portfolios overlap 57.7%. Navi Nifty Midsmallcap 400 Index Fund charges 0.52% a year and Nippon India Nifty 500 Equal Weight Index Fund 0.55%.
Which has the lower expense ratio, Navi Nifty Midsmallcap 400 Index Fund or Nippon India Nifty 500 Equal Weight Index Fund?
Navi Nifty Midsmallcap 400 Index Fund charges less: 0.52% a year against 0.55%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Navi Nifty Midsmallcap 400 Index Fund and Nippon India Nifty 500 Equal Weight Index Fund overlap?
57.7%. They hold 395 of the same securities, the largest shared ones being CUPID, HFCL, KIRLOSENG. From each fund's latest monthly portfolio.
Can I invest in both Navi Nifty Midsmallcap 400 Index Fund and Nippon India Nifty 500 Equal Weight Index Fund?
Yes. 57.7% of each fund's money sits in the same holdings, so a large part of the two investments would move together.
Sources: NAV and expense ratio from AMFI. Holdings from each fund house's monthly portfolio statement. Fund facts from each scheme summary document.
This page is information, not investment advice. Mutual fund investments are subject to market risks; read all scheme related documents carefully. Past returns do not promise future returns. Figures come from AMFI, NSE, BSE and each fund house's own documents.