No. If you draw any current off the supply there will always be some ripple because of two things:
The capacitor will always discharge a little between pulses from the rectifier. There is no such thing as an infinite capacitor so there'll always be ripple.
All real world capacitors have some resistive/inductive element to them made up of the leads, plates, etc. Think of it as a small resistor and inductor in series with the capacitor. This resistor will always have some ripple across it as the capacitor charges via the rectifier and discharges into the load between pulses from the rectifier.
A 1000uF cap will be fine for most 500ma supplys but there will be some ripple still.