NFO Tracker: Nippon India Mutual Fund launches Nifty 500 Equal Weight Index Fund
Nippon India Mutual Fund has launched the Nippon India Nifty 500 Equal Weight Index Fund, an open-ended scheme tracking the Nifty 500 Equal Weight Index. The scheme is aimed for returns aligning with the Nifty 500 Equal Weight Index, with 95-100% invested in index securities and 0-5% in cash or market instruments
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