The Nifty 500 Index is a broader index, representing various sectors and large-cap, mid-cap, and small-cap companies. The SBI Nifty 500 Index Fund would primarily invest a minimum of 95% and a maximum of 100% of its assets in stocks comprising the Nifty 500 Index.

While SBI Nifty 500 Index Fund has been designed to replicate the Nifty 500 Index, Kotak NIFTY Midcap 150 Momentum 50 Index Fund would track the performance of the NIFTY Midcap 150 Momentum 50 Index.

SBI Mutual Fund introduces the SBI Nifty 500 Index Fund, offering investors a single investment solution to access the entire spectrum of the Indian equity market, tracking the top 500 stocks by market capitalization.

SBI Mutual Fund is launching NFO under its “Index Fund”, named as SBI Nifty 500 Index Fund. The open ended fund aims to provide investment returns that commensurate to the total returns of the securities as represented by the Nifty 500 Index before expenses.

The SBI Nifty 500 Index Fund is designed to deliver returns that mirror the total returns of the Nifty 500 Index, subject to tracking errors.

Nippon India Mutual Fund has floated a new fund offer Nifty 500 Momentum 50 Index Fund, under its index fund vertical. Nifty 500 Momentum 50 Index Fund is an open-ended fund that has been created to offer investment returns that align with the overall returns of the securities tracked by the Nifty 500 Momentum 50 Index,

SBI Mutual Fund has launched SBI Nifty 500 Index Fund, tracking the Nifty 500 Index. The fund aims to provide returns corresponding to the index, covering large-cap, mid-cap, and small-cap stocks.