Good morning :)
Stocks Collections

Nifty 500 ETFs: Top Nifty 500 Index Funds in India (2026)

The NIFTY 500 covers 500 companies across large-, mid- and small-cap segments and represented about 92% of NSE’s free-float market capitalisation in March 2026. Nifty 500 ETFs offer exchange-traded access to this broad market through a single instrument.

Best Nifty 500 ETFs in India (2026)

Nifty 500 ETF Stock Screener

Nifty 500 ETF Stock Screener: Analyse & Filter Indian Stocks on Tickertape

Showing 1 - 7 of 7 results

last updated at 9:45 PM IST 
NameStocks (7)↓↓Sub-SectorSub-Sector↓↓Market CapMarket Cap↓↓Close PriceClose Price↓↓PE RatioPE Ratio↓↓1D Return1D Return↓↓1M Return1M Return↓↓6M Return6M Return↓↓1Y Return1Y Return↓↓PB RatioPB Ratio↓↓Return on EquityReturn on Equity↓↓ROCEROCE↓↓Dividend YieldDiv Yield↓↓Debt to EquityDebt to Equity↓↓Volatility vs NiftyVolatility vs Nifty↓
1.Motilal Oswal Nifty 500 ETFMONIFTY500EquityEquity32.3032.3022.5922.59--0.440.44-0.04-0.04-2.92-2.92-6.69-6.69----------0.980.98
2.Groww Nifty 500 Momentum 50 ETFGROWWMOM50EquityEquity8.788.7810.4210.42--1.071.07-2.43-2.43-0.48-0.48-3.79-3.79----------1.301.30
3.Motilal Oswal Nifty 500 Momentum 50 ETFMOMENTUM50EquityEquity8.238.2351.5951.59--1.001.00-1.73-1.73-0.17-0.17-3.68-3.68----------1.291.29
4.Edelweiss Nifty500 Multicap Momentum Quality50 ETFEMULTIMQEquityEquity7.007.0039.0339.03--0.770.77-3.91-3.91-7.31-7.31-8.79-8.79----------1.211.21
5.Axis Nifty500 Value 50 ETFVALUEAXISEquityEquity6.516.5130.6030.60--1.801.80-2.45-2.45-9.87-9.87-1.64-1.64----------1.111.11
6.DSP Nifty500 Flexicap Quality 30 ETFFLEXIADDEquityEquity6.336.339.649.64--1.151.152.772.77-0.82-0.82-10.33-10.33----------1.021.02
7.Groww Nifty 500 Low Volatility 50 ETFGROWWLOVOLEquityEquity5.085.0810.0210.02--0.300.302.452.45-3.47-3.47-5.29-5.29----------0.970.97

Disclaimer: Please note that the above table is for informational purposes only, and is not recommendatory. Please do your own research or consult your financial advisor before investing. The data is derived from Tickertape Stock Screener and is subject to real-time updates.

Selection criteria: Sub-sector: Equity | Market Cap: Sorted from Highest to Lowest

What are Nifty 500 ETFs?

Nifty 500 ETFs are exchange-traded funds that aim to replicate the performance of the NIFTY 500. This index represents companies across large-cap, mid-cap, and small-cap segments and covers a significant share of India’s listed market capitalisation. By holding the same stocks in similar weights, these ETFs provide diversified exposure through a single tradable unit on the exchange.

Overview of Top Nifty 500 ETFs in India

Motilal Oswal Nifty 500 ETF

The ETF seeks to replicate the Nifty 500 Index, which represents a broad cross-section of the Indian equity market. It includes companies from large, mid, and small-cap segments across multiple industries. By tracking this benchmark, the fund offers diversified market exposure within one tradable instrument listed on the exchange.

Mirae Asset Nifty500 Multicap 50:25:25 ETF

This ETF follows the Nifty500 Multicap 50:25:25 Index, which allocates 50% weight to large caps, 25% to mid caps, and 25% to small caps. The structure ensures balanced participation across company sizes instead of concentrating heavily in large firms. The investors, therefore, receive diversified exposure guided by predefined allocation rules.

Groww Nifty 500 Momentum 50 ETF

The fund tracks the Nifty 500 Momentum 50 Index, selecting stocks that demonstrate relatively stronger recent price performance within the broader market universe. The methodology follows quantitative filters and periodic rebalancing. As momentum leadership changes, the portfolio composition may also shift.

Motilal Oswal Nifty 500 Momentum 50 ETF

This ETF also mirrors the Nifty 500 Momentum 50 Index and builds exposure toward companies that rank higher on momentum indicators. The rule-driven framework adjusts weights during scheduled reviews, which allows the portfolio to evolve alongside prevailing market trends.

Groww Nifty 500 Low Volatility 50 ETF

The Groww Nifty 500 Low Volatility 50 ETF tracks the Nifty 500 Low Volatility 50 Index, which consists of 50 stocks from the Nifty 500 universe that have historically shown the least price fluctuation. It offers exposure to relatively stable large, mid, and small-cap companies in a single, passively managed fund.

How to Invest in Nifty 500 ETFs?

Here’s how you can invest in Nifty 500 ETFs using Tickertape -

  1. Create an account on the Tickertape or log in if you already have one.
  2. Open Nifty 500 ETFs Screener
  3. You can review this data to evaluate each ETF’s performance trends and determine whether they align with your investment thesis.
  4. Once you’ve decided on an ETF, you can place a buy order through your brokerage account linked to Tickertape.

Further, you can analyse your overall portfolio and potential red flags in it by connecting it to Tickertape. Check out detailed analysis of your portfolio now!

Taxation on Nifty 500 ETF

Capital gains tax on equity ETFs depends on how long the units are held. The table below summarises the rates for short-term and long-term holdings.

Holding Period Tax Treatment
Short-Term (< 12 months) Gains taxed at a flat rate of 20%.
Long-Term (> 12 months) Gains taxed at 12.5%. Exemption applies to the first ₹1.25 lakh of long-term gains across all equity assets in a financial year.

Advantages of Investing in Nifty 500 ETFs

Broad Market Exposure

A Nifty 500 ETF spreads investment across 500 large, mid and small-cap companies. The index represented about 92.04% of NSE free-float market capitalisation in March 2026, giving broad domestic equity exposure.

Passive Diversification

Motilal Oswal Nifty 500 ETF tracks the Nifty 500 TRI rather than selecting stocks actively. Its portfolio therefore provides exposure across hundreds of companies while keeping the investment process rules-based and transparent.

Low Tracking Gap

Motilal Oswal Nifty 500 ETF returned 5.16% over one year to August 2026 versus 5.34% for the benchmark. The relatively small gap illustrates how passive replication can closely follow index performance.

Multi-Cap Access

The Nifty 500 includes companies beyond the largest 50 stocks, extending exposure into mid and small caps. This allows a single ETF to participate in different market-cap segments without separate funds.

Exchange Trading

Nifty 500 ETFs trade on stock exchanges throughout market hours. Motilal Oswal Nifty 500 ETF recorded more than 9 lakh units traded on 14 October 2026, showing active secondary-market participation.

Risks of Investing in Nifty 500 ETFs

Market Volatility

Nifty 500 ETFs remain fully exposed to equity-market movements. Motilal Oswal Nifty 500 ETF was down about 5.2% over one year in October 2026, showing that broad diversification does not prevent market losses.

Mid-Small Cap Risk

Because the Nifty 500 extends beyond large caps, it includes less-liquid mid and small-cap stocks. During corrections, these segments can fall more sharply and create greater short-term volatility than large-cap-only indices.

Sector Concentration

Broad market coverage does not mean equal sector weights. Financial services represented about 30.9% of the Nifty 500 in the latest index whitepaper, making banking and financial conditions an important driver of ETF performance.

Tracking Difference

ETF returns can differ from the Nifty 500 TRI because of expenses, cash holdings and portfolio implementation. Motilal Oswal Nifty 500 ETF lagged its benchmark by roughly 0.18 percentage points over one year.

Trading Price Risk

ETF units trade at market prices that may temporarily differ from NAV. Smaller products such as UTI Nifty 500 ETF, with about ₹9 cr AUM in 2026, may also have thinner trading liquidity.

Install the Tickertape app and enjoy a more hands-on investing experience
  • portfolio-iconReceive real-time market alerts for timely decisions
  • portfolio-iconMonitor your portfolio from the palm of your hands
  • portfolio-iconWatchlist stocks and mutual funds to stay updated

Factors to Consider Before Investing in Nifty 500 ETFs

Tracking Efficiency

Tracking error and tracking difference show how closely an ETF follows the index. Motilal Oswal Nifty 500 ETF reported roughly 0.04% tracking error in September 2026, making replication quality a useful comparison metric.

Expense Ratio

Costs matter because Nifty 500 ETFs follow the same benchmark. In September 2026, Motilal Oswal Nifty 500 ETF had a TER around 0.18%, while UTI Nifty 500 ETF was about 0.13%.

Fund Size

AUM can influence trading depth and operational scale. Motilal Oswal Nifty 500 ETF managed about ₹298 cr in September 2026, while the newly launched UTI Nifty 500 ETF had roughly ₹9 cr.

Liquidity

Investors can compare daily trading volume and bid-ask spreads before choosing an ETF. Motilal Oswal Nifty 500 ETF saw substantial daily volumes in October 2026, but liquidity can vary materially between competing products.

Index Breadth

The Nifty 500 represented 84.07% of NSE traded value over the six months ending March 2026. Investors should still examine how its market-cap weighting concentrates more capital in the largest companies.

Market Conditions

Returns depend on earnings growth, interest rates, valuations and domestic liquidity across 500 companies. In 2026, foreign outflows and weaker broad-market performance showed how macro conditions can affect even diversified Nifty 500 exposure.

Conclusion

Nifty 500 ETFs package broad equity market exposure into a single tradable structure. Index methodology, constituent liquidity, and cost efficiency play important roles in shaping outcomes. While diversification spans hundreds of companies, market cycles, weight concentration, and replication dynamics continue to influence performance.

Investors can study portfolio composition, sector weights, liquidity metrics, and historical tracking behaviour on Tickertape Stock Screener to better understand how different ETFs operate within the broader market environment.

Frequently Asked Questions on Nifty 500 ETFs

  1. What are Nifty 500 ETFs?

    A Nifty 500 ETF replicates the performance of the NIFTY 500. The index covers companies across large-, mid-, and small-cap segments and represents a major share of India’s market capitalisation. Investors gain diversified exposure through a single exchange-traded unit.

  2. Is there any ETF for the Nifty 500?

    The following are the Nifty 500 ETFs based on 1-year returns:
    1. Axis Nifty500 Value 50 ETF
    2. Mirae Asset S&P 500 Top 50 ETF
    3. Motilal Oswal Nifty 500 ETF
    4. ICICI Prudential BSE 500 ETF
    5. Mirae Asset Nifty500 Multicap 50:25:25 ETF
    Disclaimer: This Nifty 500 ETF list is for general awareness and does not constitute investment advice or a recommendation. Investors should evaluate scheme details and consult a SEBI-registered Investment Advisor before investing.

  3. What is the Nifty 500 TRI?

    The Nifty 500 TRI measures index performance after assuming that dividends paid by constituent companies are reinvested. It captures both price movement and income distribution, making it a broader measure of total index returns than the price index.

  4. What are the advantages of investing in Nifty 500 ETFs?

    A Nifty 500 ETF provides exposure to companies across sectors and market capitalisations in one transaction. The passive structure follows predefined index rules, while exchange trading enables intraday liquidity and visible market pricing.

  5. What are the risks of investing in Nifty 500 ETFs?

    Investors comparing the best Nifty 500 index fund should note that broad-market exposure still carries equity risk. Larger constituents can influence returns more strongly, while costs, cash balances and trading conditions may create tracking differences.

  6. Are Nifty 500 ETFs suitable for beginners in the stock market?

    Some beginners may use a Nifty 500 ETF to understand how broad-market equity exposure behaves across large-, mid- and small-cap stocks. Suitability still depends on individual risk tolerance, investment horizon and financial goals. Disclaimer: Suitability depends on personal financial goals, knowledge, and risk profile. This content is informational and not a recommendation. Investors should seek advice from a SEBI-registered professional before making decisions.