Nippon India Nifty 500 Equal Weight Index Fund vs Zerodha Nifty MidSmallcap400 50:50 Index Fund
Direct Plan, Growth option · Data as on 30-10-2026
Nippon India Nifty 500 Equal Weight Index Fund is a mutual fund and Zerodha Nifty MidSmallcap400 50:50 Index Fund is an Index fund. Nippon India Nifty 500 Equal Weight Index Fund charges 0.55% a year and Zerodha Nifty MidSmallcap400 50:50 Index Fund 0.86% (Direct plans). Their portfolios overlap 64.4%: they hold 397 of the same securities.
Nippon India Nifty 500 Equal Weight Index Fund
- Expense ratio
- 0.55%
- NAV
- ₹8.99
Zerodha Nifty MidSmallcap400 50:50 Index Fund
Index
- Expense ratio
- 0.86%
- NAV
- ₹10.41
Which is better, Nippon India Nifty 500 Equal Weight Index or Zerodha Nifty MidSmallcap400 50:50 Index? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Nippon India Nifty 500 Equal Weight Index costs less: 0.55% a year against 0.86% (Direct plans).
- Zerodha Nifty MidSmallcap400 50:50 Index fell less in its worst fall since 13-04-2026: −12.0% against −12.0%.
- Nippon India Nifty 500 Equal Weight Index holds more in large companies: 20.0% of the fund in large caps against 2.9%.
- Nippon India Nifty 500 Equal Weight Index is the larger fund: ₹450 Cr against ₹19 Cr.
- Their portfolios overlap 64.4%: 397 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 | Nippon India Nifty 500 Equal Weight Index Fund | Zerodha Nifty MidSmallcap400 50:50 Index Fund |
|---|---|---|
| Fund house | Nippon India Mutual Fund | Zerodha Mutual Fund |
| Category | Not available | Index |
| AUM | ₹450 Cr (30-09-2026) | ₹19 Cr (30-09-2026) |
| NAV | ₹8.99 (Direct) | ₹10.41 (Direct) |
| Expense ratio (Direct) | 0.55% | 0.86% |
| Expense ratio (Regular) | 1.13% | Not available |
| Riskometer | Not available | Very High |
| Benchmark | Not available | Nifty MidSmallcap400 50:50 TRI |
| Launch date | Not available | 09-04-2026 |
| Minimum investment | Not available | ₹100 |
| Lock in | Not available | None |
| Fund managers | Not available | Kedarnath Mirajkar |
| Exit load | Not available | Nil |
Nippon India Nifty 500 Equal Weight Index vs Zerodha Nifty MidSmallcap400 50:50 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 |
|---|---|---|---|---|---|---|---|
| Nippon India Nifty 500 Equal Weight Index Fund (Direct) | −5.15% | −8.61% | −3.99% | −7.19% | -- | -- | -- |
| Zerodha Nifty MidSmallcap400 50:50 Index Fund (Direct) | −4.73% | −7.35% | −1.96% | -- | -- | -- | -- |
Nippon India Nifty 500 Equal Weight Index vs Zerodha Nifty MidSmallcap400 50:50 Index: Year-wise Returns
| Year | Nippon India Nifty 500 Equal WeightNippon India Nifty 500 Equal Weight Index | Zerodha Nifty MidSmallcap400 50:50Zerodha Nifty MidSmallcap400 50:50 Index |
|---|---|---|
| 2026to date | −4.68% | -- |
| 2025 | +0.45% | -- |
Nippon India Nifty 500 Equal Weight Index vs Zerodha Nifty MidSmallcap400 50:50 Index: Rolling Returns
Every holding period of both funds, against Nifty500 Equal Weight TRI, the benchmark of Nippon India Nifty 500 Equal Weight Index Fund
Nippon India Nifty 500 Equal Weight Index vs Zerodha Nifty MidSmallcap400 50:50 Index: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Nippon India Nifty 500 Equal Weight Index Fund (Direct) | Zerodha Nifty MidSmallcap400 50:50 Index Fund (Direct) |
|---|---|---|
| Return (CAGR) | −4.56% | +5.82% |
| Standard deviation | 17.11% | 14.76% |
| Sharpe ratio | -0.60 | 0.04 |
| Sortino ratio | -0.79 | 0.05 |
| Maximum drawdown | −23.9% (03-03-2025) | −12.0% (23-10-2026) |
| Beta | 1.00 | 1.00 |
| Alpha | −0.53% | −0.71% |
From daily NAVs, 11-09-2024 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.
−12%−10%−8%−6%−4%−2%0%
Nippon India Nifty 500 Equal Weight Index Fund (Direct)
Zerodha Nifty MidSmallcap400 50:50 Index Fund (Direct)
Nifty500 Equal Weight TRI
Nippon India Nifty 500 Equal Weight Index Fund (Direct)Zerodha Nifty MidSmallcap400 50:50 Index Fund (Direct)Nifty500 Equal Weight TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Nippon India Nifty 500 Equal Weight Index Fund (Direct) | −12.0% | 10-08-2026 | 23-10-2026 | Not yet | -- | −10.6% |
| Zerodha Nifty MidSmallcap400 50:50 Index Fund (Direct) | −12.0% | 28-08-2026 | 23-10-2026 | Not yet | -- | −10.0% |
| Nifty500 Equal Weight TRI | −11.9% | 10-08-2026 | 23-10-2026 | Not yet | -- | −10.5% |
From daily values since 13-04-2026, the first day every fund has.
Nippon India Nifty 500 Equal Weight Index vs Zerodha Nifty MidSmallcap400 50:50 Index: Portfolio Overlap
From each fund's latest monthly portfolio: Nippon India Nifty 500 Equal Weight Index Fund, September 2026; Zerodha Nifty MidSmallcap400 50:50 Index Fund, September 2026
Holdings in common
- Overlap
- 64.4%
- Held by both
- 397
- Only in Nippon India Nifty 500 Equal Weight Index
- 103
- Only in Zerodha Nifty MidSmallcap400 50:50 Index
- 1
| Security | % of Nippon India Nifty 500 Equal Weight Index | % of Zerodha Nifty MidSmallcap400 50:50 Index |
|---|---|---|
| Kirloskar Oil Engines Limited | 0.22% | 0.43% |
| HFCL Limited | 0.22% | 0.52% |
| Acutaas Chemicals Limited | 0.21% | 0.38% |
| The Great Eastern Shipping Company Limited | 0.21% | 0.35% |
| Ajanta Pharma Limited | 0.21% | 0.21% |
| The Indian Hotels Company Limited | 0.21% | 0.78% |
| Sona BLW Precision Forgings Limited | 0.21% | 0.84% |
| Syrma SGS Technology Limited | 0.21% | 0.31% |
| Meesho Ltd | 0.21% | 0.25% |
| Tata Technologies Limited | 0.21% | 0.27% |
| Indraprastha Gas Limited | 0.21% | 0.23% |
| Aegis Logistics Limited | 0.21% | 0.39% |
| Kajaria Ceramics Limited | 0.21% | 0.23% |
| Lloyds Metals And Energy Limited | 0.21% | 0.33% |
| Elgi Equipments Limited | 0.21% | 0.29% |
| ITC Hotels Limited | 0.21% | 0.22% |
| TD Power Systems Limited | 0.21% | 0.40% |
| Apollo Tyres Limited | 0.21% | 0.29% |
| City Union Bank Limited | 0.21% | 0.49% |
| PNB Housing Finance Limited | 0.21% | 0.47% |
| PTC Industries Limited | 0.21% | 0.30% |
| Dr. Lal Path Labs Limited | 0.21% | 0.35% |
| Mankind Pharma Limited | 0.21% | 0.35% |
| ICICI Lombard General Insurance Company Limited | 0.21% | 0.48% |
| Prestige Estates Projects Limited | 0.21% | 0.30% |
| Aditya Infotech Limited | 0.21% | 0.23% |
| JK Cement Limited | 0.21% | 0.26% |
| MRF Limited | 0.21% | 0.26% |
| Lenskart Solutions Limited | 0.21% | 0.62% |
| One 97 Communications Limited | 0.21% | 0.89% |
| Astral Limited | 0.20% | 0.20% |
| Craftsman Automation Limited | 0.20% | 0.36% |
| Affle 3i Limited | 0.20% | 0.22% |
| Dabur India Limited | 0.20% | 0.27% |
| Himadri Speciality Chemical Limited | 0.20% | 0.36% |
| Vishal Mega Mart Limited | 0.20% | 0.35% |
| REC Limited | 0.20% | 0.46% |
| Karur Vysya Bank Limited | 0.20% | 0.69% |
| Suzlon Energy Limited | 0.20% | 0.59% |
| Embassy Office Parks REIT | 0.20% | 0.47% |
| Navin Fluorine International Limited | 0.20% | 0.68% |
| Gland Pharma Limited | 0.20% | 0.52% |
| Shree Cement Limited | 0.20% | 0.36% |
| IDFC First Bank Limited | 0.20% | 0.67% |
| Hindustan Petroleum Corporation Limited | 0.20% | 0.41% |
| IndusInd Bank Limited | 0.20% | 0.73% |
| Gujarat Fluorochemicals Limited | 0.20% | 0.23% |
| Piramal Pharma Limited | 0.20% | 0.29% |
| Brookfield India Real Estate Trust | 0.20% | 0.51% |
| Motherson Sumi Wiring India Limited | 0.20% | 0.20% |
| Billionbrains Garage Ventures Ltd | 0.20% | 0.32% |
| Data Patterns (India) Limited | 0.20% | 0.29% |
| Life Insurance Corporation Of India | 0.20% | 0.62% |
| Ola Electric Mobility Ltd | 0.20% | 0.20% |
| Netweb Technologies India Limited | 0.20% | 0.20% |
| Sagility Limited | 0.20% | 0.22% |
| Atul Limited | 0.20% | 0.21% |
| Granules India Limited | 0.20% | 0.28% |
| Steel Authority of India Limited | 0.20% | 0.32% |
| Inventurus Knowledge Solutions Limited | 0.20% | 0.21% |
| Carborundum Universal Limited | 0.20% | 0.33% |
| JSW Energy Limited | 0.20% | 0.37% |
| Indus Towers Limited | 0.20% | 0.59% |
| Five Star Business Finance Limited | 0.20% | 0.23% |
| Sammaan Capital Limited | 0.20% | 0.24% |
| Delhivery Limited | 0.20% | 0.57% |
| Cholamandalam Financial Holdings Limited | 0.20% | 0.31% |
| Tata Communications Limited | 0.20% | 0.24% |
| Hero MotoCorp Limited | 0.20% | 0.84% |
| Pine Labs Limited | 0.20% | 0.22% |
| The Federal Bank Limited | 0.20% | 0.97% |
| Castrol India Limited | 0.20% | 0.21% |
| Capri Global Capital Limited | 0.20% | 0.22% |
| Welspun Corp Limited | 0.20% | 0.81% |
| PVR INOX Limited | 0.20% | 0.20% |
| Supreme Industries Limited | 0.20% | 0.27% |
| Marico Limited | 0.20% | 0.52% |
| GE Vernova T&D India Limited | 0.20% | 0.65% |
| Piramal Finance Limited | 0.20% | 0.32% |
| Ashok Leyland Limited | 0.20% | 0.55% |
| The Phoenix Mills Limited | 0.20% | 0.45% |
| Kalpataru Projects International Limited | 0.20% | 0.35% |
| Jindal Stainless Limited | 0.20% | 0.29% |
| Voltas Limited | 0.20% | 0.30% |
| Usha Martin Limited | 0.20% | 0.21% |
| Finolex Cables Limited | 0.20% | 0.25% |
| Anant Raj Limited | 0.20% | 0.21% |
| Bharat Heavy Electricals Limited | 0.20% | 0.75% |
| Persistent Systems Limited | 0.20% | 0.70% |
| Deepak Nitrite Limited | 0.20% | 0.24% |
| Cartrade Tech Limited | 0.20% | 0.28% |
| HBL Engineering Limited | 0.20% | 0.20% |
| Crompton Greaves Consumer Electricals Limited | 0.20% | 0.30% |
| Exide Industries Limited | 0.20% | 0.23% |
| Kalyan Jewellers India Limited | 0.20% | 0.26% |
| LG Electronics India Ltd | 0.20% | 0.21% |
| Timken India Limited | 0.20% | 0.25% |
| Lupin Limited | 0.20% | 0.60% |
| The Ramco Cements Limited | 0.20% | 0.24% |
| ZF Commercial Vehicle Control Systems India Limited | 0.20% | 0.24% |
| ICICI Prudential Asset Management Company Limited | 0.20% | 0.22% |
| Petronet LNG Limited | 0.20% | 0.26% |
| Mphasis Limited | 0.20% | 0.35% |
| Amber Enterprises India Limited | 0.20% | 0.33% |
| Apar Industries Limited | 0.20% | 0.39% |
| Biocon Limited | 0.20% | 0.32% |
| FSN E-Commerce Ventures Limited | 0.20% | 0.54% |
| Adani Total Gas Limited | 0.20% | 0.20% |
| UNO Minda Limited | 0.20% | 0.26% |
| Aurobindo Pharma Limited | 0.20% | 0.56% |
| Asahi India Glass Limited | 0.20% | 0.26% |
| Anand Rathi Wealth Limited | 0.20% | 0.44% |
| Bharat Forge Limited | 0.20% | 0.66% |
| 360 One WAM Limited | 0.20% | 0.34% |
| Blue Star Limited | 0.20% | 0.24% |
| Home First Finance Company India Limited | 0.20% | 0.24% |
| Godrej Properties Limited | 0.20% | 0.27% |
| Deepak Fertilizers and Petrochemicals Corporation Limited | 0.20% | 0.20% |
| Poonawalla Fincorp Limited | 0.20% | 0.36% |
| IIFL Finance Limited | 0.20% | 0.32% |
| Hindustan Copper Limited | 0.20% | 0.22% |
| Nuvama Wealth Management Limited | 0.20% | 0.30% |
| Alkem Laboratories Limited | 0.20% | 0.39% |
| Indian Bank | 0.20% | 0.35% |
| Sai Life Sciences Limited | 0.20% | 0.47% |
| IPCA Laboratories Limited | 0.20% | 0.33% |
| Star Health And Allied Insurance Company Limited | 0.20% | 0.28% |
| NMDC Limited | 0.20% | 0.32% |
| Coforge Limited | 0.20% | 0.75% |
| PI Industries Limited | 0.20% | 0.23% |
| Acme Solar Holdings Ltd | 0.20% | 0.20% |
| UPL Limited | 0.20% | 0.37% |
| SRF Limited | 0.20% | 0.44% |
| Sundaram Finance Limited | 0.20% | 0.37% |
| Info Edge (India) Limited | 0.20% | 0.59% |
| Tata Elxsi Limited | 0.20% | 0.24% |
| Lodha Developers Limited | 0.20% | 0.41% |
| Aditya Birla Capital Limited | 0.20% | 0.41% |
| AWL Agri Business Limited | 0.20% | 0.22% |
| APL Apollo Tubes Limited | 0.20% | 0.49% |
| ICICI Prudential Life Insurance Company Limited | 0.20% | 0.22% |
| Central Depository Services (India) Limited | 0.20% | 0.51% |
| Multi Commodity Exchange of India Limited | 0.20% | 1.04% |
| Page Industries Limited | 0.20% | 0.27% |
| Aarti Industries Limited | 0.20% | 0.22% |
| Mahindra & Mahindra Financial Services Limited | 0.20% | 0.26% |
| GMR Airports Limited | 0.20% | 0.40% |
| Balkrishna Industries Limited | 0.20% | 0.21% |
| Brigade Enterprises Limited | 0.20% | 0.24% |
| Neuland Laboratories Limited | 0.20% | 0.41% |
| Torrent Power Limited | 0.20% | 0.29% |
| NHPC Limited | 0.20% | 0.34% |
| KEI Industries Limited | 0.20% | 0.34% |
| JSW Infrastructure Ltd | 0.20% | 0.26% |
| Oracle Financial Services Software Limited | 0.20% | 0.32% |
| Amara Raja Energy & Mobility Ltd | 0.20% | 0.21% |
| Redington Limited | 0.20% | 0.54% |
| Belrise Industries Ltd. | 0.20% | 0.20% |
| Kaynes Technology India Limited | 0.20% | 0.25% |
| Glenmark Pharmaceuticals Limited | 0.20% | 0.43% |
| Dixon Technologies (India) Limited | 0.20% | 0.67% |
| Radico Khaitan Limited | 0.20% | 0.42% |
| Laurus Labs Limited | 0.20% | 0.95% |
| AU Small Finance Bank Limited | 0.20% | 0.72% |
| Sansera Engineering Limited | 0.20% | 0.45% |
| Krishna Institute Of Medical Sciences Limited | 0.20% | 0.45% |
| RBL Bank Limited | 0.20% | 0.56% |
| Jyoti CNC Automation Ltd | 0.20% | 0.20% |
| Azad Engineering Ltd | 0.22% | 0.19% |
| Cyient Limited | 0.21% | 0.19% |
| KPIT Technologies Limited | 0.20% | 0.19% |
| Container Corporation of India Limited | 0.20% | 0.19% |
| Motilal Oswal Financial Services Limited | 0.20% | 0.19% |
| CESC Limited | 0.20% | 0.19% |
| Engineers India Limited | 0.20% | 0.19% |
| Schaeffler India Limited | 0.20% | 0.19% |
| SPR Auto Technologies Ltd | 0.20% | 0.19% |
| R R Kabel Limited | 0.20% | 0.19% |
| Swiggy Limited | 0.19% | 0.46% |
| Onesource Specialty Pharma Limited | 0.19% | 0.27% |
| SBI Cards and Payment Services Limited | 0.19% | 0.21% |
| Indian Energy Exchange Limited | 0.19% | 0.19% |
| Wockhardt Limited | 0.19% | 0.39% |
| Fortis Healthcare Limited | 0.19% | 0.50% |
| Bank of India | 0.19% | 0.19% |
| Tata Chemicals Limited | 0.19% | 0.22% |
| Oberoi Realty Limited | 0.19% | 0.25% |
| Ather Energy Limited | 0.19% | 0.61% |
| LIC Housing Finance Limited | 0.19% | 0.19% |
| KFin Technologies Limited | 0.19% | 0.25% |
| National Aluminium Company Limited | 0.19% | 0.37% |
| Havells India Limited | 0.19% | 0.31% |
| Max Financial Services Limited | 0.19% | 0.44% |
| Colgate Palmolive (India) Limited | 0.19% | 0.29% |
| Oil India Limited | 0.19% | 0.30% |
| Waaree Energies Limited | 0.19% | 0.28% |
| PB Fintech Limited | 0.19% | 0.47% |
| Bank of Maharashtra | 0.19% | 0.20% |
| L&T Finance Limited | 0.19% | 0.28% |
| Manappuram Finance Limited | 0.19% | 0.39% |
| Yes Bank Limited | 0.19% | 0.45% |
| Bandhan Bank Limited | 0.19% | 0.40% |
| Computer Age Management Services Limited | 0.19% | 0.36% |
| Angel One Limited | 0.19% | 0.40% |
| Jubilant Foodworks Limited | 0.19% | 0.22% |
| Aptus Value Housing Finance India Limited | 0.19% | 0.19% |
| United Spirits Limited | 0.19% | 0.49% |
| Aster DM Quality Care Limited | 0.19% | 0.23% |
| Tube Investments of India Limited | 0.19% | 0.31% |
| Nava Limited | 0.21% | 0.18% |
| Emcure Pharmaceuticals Limited | 0.20% | 0.18% |
| Authum Investment And Infrastructure Limited | 0.20% | 0.18% |
| AIA Engineering Limited | 0.20% | 0.18% |
| Force Motors Limited | 0.20% | 0.18% |
| Gabriel India Limited | 0.20% | 0.18% |
| Firstsource Solutions Limited | 0.20% | 0.18% |
| NBCC (India) Limited | 0.19% | 0.18% |
| PG Electroplast Limited | 0.19% | 0.18% |
| Coromandel International Limited | 0.18% | 0.25% |
| Abbott India Limited | 0.21% | 0.17% |
| Balrampur Chini Mills Limited | 0.20% | 0.17% |
| Zen Technologies Limited | 0.20% | 0.17% |
| BEML Limited | 0.20% | 0.17% |
| Indian Railway Catering And Tourism Corporation Limited | 0.20% | 0.17% |
| Jaiprakash Power Ventures Limited | 0.20% | 0.17% |
| Aditya Birla Sun Life AMC Limited | 0.20% | 0.17% |
| Emami Limited | 0.20% | 0.17% |
| eClerx Services Limited | 0.20% | 0.17% |
| Shyam Metalics and Energy Limited | 0.20% | 0.17% |
| Natco Pharma Limited | 0.20% | 0.17% |
| PhysicsWallah Limited | 0.19% | 0.17% |
| Chennai Petroleum Corporation Limited | 0.21% | 0.16% |
| Welspun Living Limited | 0.21% | 0.16% |
| Linde India Limited | 0.21% | 0.16% |
| Dalmia Bharat Limited | 0.20% | 0.16% |
| ACC Limited | 0.20% | 0.16% |
| Cohance Lifesciences Limited | 0.20% | 0.16% |
| Premier Energies Limited | 0.20% | 0.16% |
| EID Parry India Limited | 0.20% | 0.16% |
| Thermax Limited | 0.20% | 0.16% |
| Syngene International Limited | 0.20% | 0.16% |
| Ramkrishna Forgings Limited | 0.20% | 0.16% |
| CCL Products (India) Limited | 0.20% | 0.16% |
| Berger Paints (I) Limited | 0.20% | 0.16% |
| General Insurance Corporation of India | 0.20% | 0.16% |
| Honeywell Automation India Limited | 0.20% | 0.16% |
| Cochin Shipyard Limited | 0.20% | 0.16% |
| CreditAccess Grameen Limited | 0.20% | 0.16% |
| HDB Financial Services Limited | 0.20% | 0.16% |
| IRB Infrastructure Developers Limited | 0.20% | 0.16% |
| Schneider Electric Infrastructure Limited | 0.20% | 0.16% |
| Vijaya Diagnostic Centre Limited | 0.19% | 0.16% |
| Inox Wind Limited | 0.19% | 0.16% |
| Paradeep Phosphates Limited | 0.20% | 0.15% |
| Triveni Turbine Limited | 0.20% | 0.15% |
| Zee Entertainment Enterprises Limited | 0.20% | 0.15% |
| Jindal Saw Limited | 0.20% | 0.15% |
| Narayana Hrudayalaya Limited | 0.20% | 0.15% |
| CEAT Limited | 0.20% | 0.15% |
| Titagarh Rail Systems Limited | 0.20% | 0.15% |
| Whirlpool of India Limited | 0.20% | 0.15% |
| K.P.R. Mill Limited | 0.20% | 0.15% |
| Rainbow Childrens Medicare Limited | 0.20% | 0.15% |
| Honasa Consumer Limited | 0.19% | 0.15% |
| Global Health Limited | 0.19% | 0.15% |
| Cemindia Projects Ltd | 0.19% | 0.15% |
| Patanjali Foods Limited | 0.18% | 0.15% |
| Mahanagar Gas Limited | 0.20% | 0.14% |
| Chambal Fertilizers & Chemicals Limited | 0.20% | 0.14% |
| Thangamayil Jewellery Limited | 0.20% | 0.14% |
| Choice International Limited | 0.20% | 0.14% |
| GlaxoSmithKline Pharmaceuticals Limited | 0.20% | 0.14% |
| Poly Medicure Limited | 0.20% | 0.14% |
| Bagmane Prime Office REIT | 0.20% | 0.14% |
| Rail Vikas Nigam Limited | 0.20% | 0.14% |
| Can Fin Homes Limited | 0.20% | 0.14% |
| PCBL Chemical Limited | 0.20% | 0.14% |
| The Jammu & Kashmir Bank Limited | 0.19% | 0.14% |
| Garden Reach Shipbuilders & Engineers Limited | 0.19% | 0.14% |
| Sun TV Network Limited | 0.24% | 0.13% |
| EIH Limited | 0.21% | 0.13% |
| Minda Corporation Limited | 0.21% | 0.13% |
| CRISIL Limited | 0.20% | 0.13% |
| Aether Industries Limited | 0.20% | 0.13% |
| Bharat Dynamics Limited | 0.20% | 0.13% |
| Godawari Power And Ispat limited | 0.20% | 0.13% |
| Intellect Design Arena Limited | 0.20% | 0.13% |
| Bharti Hexacom Limited | 0.20% | 0.13% |
| Rubicon Research Limited | 0.20% | 0.13% |
| Reliance Power Limited | 0.20% | 0.13% |
| TBO Tek Limited | 0.20% | 0.13% |
| Vedanta Power Ltd | 0.20% | 0.13% |
| Vedanta Oil and Gas Ltd | 0.20% | 0.13% |
| Vardhman Textiles Limited | 0.20% | 0.13% |
| Devyani International Limited | 0.20% | 0.13% |
| Aditya Birla Real Estate Limited | 0.19% | 0.13% |
| LT Foods Limited | 0.19% | 0.13% |
| JM Financial Limited | 0.21% | 0.12% |
| Canara HSBC Life Insurance company Ltd | 0.20% | 0.12% |
| Jubilant Ingrevia Limited | 0.20% | 0.12% |
| Anthem Biosciences Limited | 0.20% | 0.12% |
| Tenneco Clean Air India Limited | 0.20% | 0.12% |
| Vedanta Iron And Steel Limited | 0.20% | 0.12% |
| Sumitomo Chemical India Limited | 0.20% | 0.12% |
| Gillette India Limited | 0.20% | 0.12% |
| Caplin Point Laboratories Limited | 0.20% | 0.12% |
| Central Bank of India | 0.20% | 0.12% |
| NLC India Limited | 0.20% | 0.12% |
| Sobha Limited | 0.20% | 0.12% |
| NCC Limited | 0.20% | 0.12% |
| Indiamart Intermesh Limited | 0.20% | 0.12% |
| Lemon Tree Hotels Limited | 0.20% | 0.12% |
| Urban Company Ltd. | 0.19% | 0.12% |
| L&T Technology Services Limited | 0.21% | 0.11% |
| Techno Electric & Engineering Company Limited | 0.21% | 0.11% |
| Doms Industries Limited | 0.21% | 0.11% |
| Action Construction Equipment Limited | 0.21% | 0.11% |
| Endurance Technologies Limited | 0.21% | 0.11% |
| IDBI Bank Limited | 0.20% | 0.11% |
| NMDC Steel Limited | 0.20% | 0.11% |
| NTPC Green Energy Limited | 0.20% | 0.11% |
| Shipping Corporation Of India Limited | 0.20% | 0.11% |
| Indian Renewable Energy Development Agency Limited | 0.20% | 0.11% |
| Aavas Financiers Limited | 0.20% | 0.11% |
| Bajaj Housing Finance Limited | 0.20% | 0.11% |
| Zensar Technologies Limited | 0.20% | 0.11% |
| CIE Automotive India Limited | 0.20% | 0.11% |
| Zydus Wellness Limited | 0.20% | 0.11% |
| Birlasoft Limited | 0.20% | 0.11% |
| Aadhar Housing Finance Limited | 0.20% | 0.11% |
| Privi Speciality Chemicals Limited | 0.20% | 0.11% |
| IFCI Limited | 0.19% | 0.11% |
| Escorts Kubota Limited | 0.19% | 0.11% |
| Concord Biotech Limited | 0.19% | 0.11% |
| Graphite India Limited | 0.19% | 0.11% |
| KEC International Limited | 0.19% | 0.11% |
| Aegis Vopak Terminals Limited | 0.21% | 0.10% |
| Elecon Engineering Company Limited | 0.21% | 0.10% |
| Sarda Energy & Minerals Limited | 0.21% | 0.10% |
| JK Tyre & Industries Limited | 0.21% | 0.10% |
| Kirloskar Brothers Limited | 0.21% | 0.10% |
| KSB Limited | 0.21% | 0.10% |
| SJVN Limited | 0.20% | 0.10% |
| Tejas Networks Limited | 0.20% | 0.10% |
| Gravita India Limited | 0.20% | 0.10% |
| Brainbees Solutions Ltd | 0.20% | 0.10% |
| Housing & Urban Development Corporation Limited | 0.20% | 0.10% |
| Emmvee Photovoltaic Power Limited | 0.20% | 0.10% |
| Godfrey Phillips India Limited | 0.20% | 0.10% |
| Olectra Greentech Limited | 0.19% | 0.10% |
| Inox India Limited | 0.19% | 0.10% |
| Tata Investment Corporation Limited | 0.19% | 0.10% |
| United Breweries Limited | 0.19% | 0.10% |
| IRCON International Limited | 0.23% | 0.09% |
| Allied Blenders And Distillers Limited | 0.21% | 0.09% |
| Black Box Limited | 0.21% | 0.09% |
| Hexaware Technologies Limited | 0.20% | 0.09% |
| UTI Asset Management Company Limited | 0.20% | 0.09% |
| Afcons Infrastructure Limited | 0.20% | 0.09% |
| Bata India Limited | 0.20% | 0.09% |
| Clean Science and Technology Limited | 0.20% | 0.09% |
| JSW Cement Limited | 0.20% | 0.09% |
| HEG Graphite Ltd | 0.19% | 0.09% |
| Gujarat Mineral Development Corporation Limited | 0.19% | 0.09% |
| The New India Assurance Company Limited | 0.19% | 0.09% |
| Clean Max Enviro Energy Solutions Limited | 0.19% | 0.09% |
| Swan Corp Limited | 0.19% | 0.09% |
| Tega Industries Limited | 0.21% | 0.08% |
| Nuvoco Vistas Corporation Limited | 0.21% | 0.08% |
| Jupiter Wagons Limited | 0.21% | 0.08% |
| International Gemological Institute Limited | 0.20% | 0.08% |
| Fractal Analytics Ltd | 0.20% | 0.08% |
| Anupam Rasayan India Limited | 0.20% | 0.08% |
| Mangalore Refinery and Petrochemicals Limited | 0.21% | 0.07% |
| RITES Limited | 0.21% | 0.07% |
| Prime Focus Limited | 0.21% | 0.07% |
| Trident Limited | 0.20% | 0.07% |
| Transformers And Rectifiers (India) Limited | 0.20% | 0.07% |
| SignatureGlobal (India) Limited | 0.19% | 0.07% |
| BLS International Services Limited | 0.20% | 0.06% |
| Fertilizers and Chemicals Travancore Limited | 0.20% | 0.06% |
| ITI Limited | 0.20% | 0.06% |
| UCO Bank | 0.20% | 0.06% |
| Avanti Feeds Limited | 0.20% | 0.06% |
| RailTel Corporation of India Limited | 0.21% | 0.05% |
| Jain Resource Recycling Limited | 0.21% | 0.05% |
| Central Mine Planning & Design Institute Limited | 0.20% | 0.05% |
| Indian Overseas Bank | 0.20% | 0.05% |
| RHI Magnesita India Limited | 0.20% | 0.05% |
| Godrej Industries Limited | 0.19% | 0.05% |
| The India Cements Limited | 0.19% | 0.05% |
| JBM Auto Limited | 0.19% | 0.05% |
| Gallantt Ispat Limited | 0.20% | 0.04% |
| Tata Teleservices (Maharashtra) Limited | 0.20% | 0.04% |
| HEG Advanced Materials Ltd | 0.06% | 0.04% |
| Bharat Coking Coal Limited | 0.21% | 0.03% |
| MMTC Limited | 0.20% | 0.02% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 64.4% means 64.4% 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 Nippon India Nifty 500 Equal Weight Index Fund
| Security | % of fund |
|---|---|
| Cupid Limited | 0.24% |
| Dr. Reddy's Laboratories Limited | 0.21% |
| Kotak Mahindra Bank Limited | 0.21% |
| Axis Bank Limited | 0.21% |
| InterGlobe Aviation Limited | 0.21% |
Largest holdings only in Zerodha Nifty MidSmallcap400 50:50 Index Fund
| Security | % of fund |
|---|---|
| Nippon Life India Asset Management Limited | 0.23% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Nippon India Nifty 500 Equal Weight Index | Zerodha Nifty MidSmallcap400 50:50 Index |
|---|---|---|
| Equity | 99.0% | 97.7% |
| Debt | 0.0% | 0.0% |
| Cash and others | 1.0% | 2.3% |
Market cap of stocks
| Market cap | Nippon India Nifty 500 Equal Weight Index | Zerodha Nifty MidSmallcap400 50:50 Index |
|---|---|---|
| Large Cap | 20.0% | 2.9% |
| Mid Cap | 28.7% | 46.6% |
| Small Cap | 49.9% | 47.9% |
| Not on AMFI's list | 0.4% | 0.5% |
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 | Nippon India Nifty 500 Equal Weight Index | Zerodha Nifty MidSmallcap400 50:50 Index |
|---|---|---|
| Pharmaceuticals & Biotechnology | 6.4% | 8.4% |
| Finance | 8.3% | 7.3% |
| Banks | 5.2% | 6.9% |
| Auto Components | 5.6% | 6.5% |
| Industrial Products | 5.3% | 5.7% |
| Capital Markets | 3.2% | 5.0% |
| Electrical Equipment | 4.0% | 4.3% |
The six largest sectors of each fund's stocks, % of the fund.
Nippon India Nifty 500 Equal Weight Index vs Zerodha Nifty MidSmallcap400 50:50 Index: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Nippon India Nifty 500 Equal Weight Index Fund | Zerodha Nifty MidSmallcap400 50:50 Index Fund |
|---|---|---|
| Total expense ratio (Direct) | 0.55% | 0.86% |
| Base expense ratio (Direct) | 0.30% | 0.25% |
| Total expense ratio (Regular) | 1.13% | Not available |
| Base expense ratio (Regular) | 0.79% | 0.00% |
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.
Nippon India Nifty 500 Equal Weight Index Fund vs Zerodha Nifty MidSmallcap400 50:50 Index Fund: Frequently Asked Questions
What is the difference between Nippon India Nifty 500 Equal Weight Index Fund and Zerodha Nifty MidSmallcap400 50:50 Index Fund?
Nippon India Nifty 500 Equal Weight Index Fund is a mutual fund, Zerodha Nifty MidSmallcap400 50:50 Index Fund is an Index fund, run by Nippon India Mutual Fund and Zerodha Mutual Fund. Their portfolios overlap 64.4%. Nippon India Nifty 500 Equal Weight Index Fund charges 0.55% a year and Zerodha Nifty MidSmallcap400 50:50 Index Fund 0.86%.
Which has the lower expense ratio, Nippon India Nifty 500 Equal Weight Index Fund or Zerodha Nifty MidSmallcap400 50:50 Index Fund?
Nippon India Nifty 500 Equal Weight Index Fund charges less: 0.55% a year against 0.86%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Nippon India Nifty 500 Equal Weight Index Fund and Zerodha Nifty MidSmallcap400 50:50 Index Fund overlap?
64.4%. They hold 397 of the same securities, the largest shared ones being KIRLOSENG, HFCL, ACUTAAS. From each fund's latest monthly portfolio.
Can I invest in both Nippon India Nifty 500 Equal Weight Index Fund and Zerodha Nifty MidSmallcap400 50:50 Index Fund?
Yes. 64.4% 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.