The table below shows the top index funds in India based on AUM; other parameters are NAV and Minimum investment.
| Top Index Funds In India | AUM | NAV | Minimum Investment |
| UTI Nifty 50 Index Fund | 11,585.85 | 133.94 | 5,000.00 |
| HDFC Index Fund-NIFTY 50 Plan | 8,973.00 | 186.46 | 100.00 |
| HDFC Index Fund-S&P BSE Sensex | 5,070.88 | 613.76 | 100.00 |
| ICICI Pru Nifty 50 Index Fund | 4,821.90 | 201.61 | 100.00 |
| SBI Nifty Index Fund | 4,595.99 | 178.20 | 5,000.00 |
| ICICI Pru Nifty Next 50 Index Fund | 2,844.99 | 41.33 | 100.00 |
| UTI Nifty Next 50 Index Fund | 2,388.30 | 16.41 | 5,000.00 |
| UTI Nifty200 Momentum 30 Index Fund | 2,272.53 | 14.94 | 5,000.00 |
| ICICI Pru S&P BSE Sensex Index Fund | 1,031.15 | 21.41 | 100.00 |
| Nippon India Index Fund-Nifty 50 | 35.10 | 100.00 |
Content:
- What is an index mutual fund?
- Best Index Funds
- Top Index Funds
- Index mutual fund
- Top Index Mutual Funds
- How To Invest In Index Funds In India
- Top Index Funds In India – FAQs
What is an index mutual fund?
An Index mutual fund is a type of mutual fund that aims to replicate the performance of a specific financial market index, such as the nifty. These indices are baskets of stocks that represent the overall performance of a particular segment of the market or the entire market itself.
The primary objective of an index mutual fund is to closely mimic the returns of the chosen index by holding a portfolio of securities that matches the index’s composition and weighting. For example, if an index represents the 50 largest publicly traded companies in India, the index mutual fund will hold stocks of those same companies in the same proportions.
Here are some key features of index mutual funds:
- Passive management: Index funds are passively managed, which means they do not involve active stock selection or market timing. Instead, they follow a “buy and hold” strategy, only adjusting the portfolio when the index changes (e.g., when companies are added or removed).
- Diversification: Index funds provide broad market exposure and, as a result, offer a level of diversification since they hold many individual stocks across various industries.
- Lower expenses: Index funds tend to have lower expense ratios than actively managed mutual funds due to their passive management style. Lower costs can lead to higher net returns for investors.
- Long-term investment: Index funds are often considered suitable for long-term investors who seek steady returns and want to avoid the potential risks associated with trying to outperform the market through active management.
- Benchmark performance: The fund’s performance is directly tied to the performance of the underlying index. The fund’s value increases if the index increases, and vice versa.
Index mutual funds are popular investment options for individuals who prefer a straightforward, low-cost, and diversified approach to investing in the stock market. They are suitable for those who believe in the long-term growth of the overall market and do not wish to take on the risks and uncertainties associated with individual stock selection and market timing.
Best Index Funds.
The table below shows the best Index Funds based on the CAGR 3 Year Return.
| Index Funds | CAGR 3-Year Return |
| Motilal Oswal Nifty Smallcap 250 Index Fund | 37.78 |
| Motilal Oswal Nifty Midcap 150 Index Fund | 34.32 |
| Motilal Oswal Nifty Bank Index Fund | 28.31 |
| DSP Nifty 50 Equal Weight Index Fund | 28.26 |
| Motilal Oswal Nifty 500 Index Fund | 24.12 |
| Sundaram Nifty 100 Equal Weight Fund | 23.48 |
| Bandhan Nifty 50 Index Fund | 22.43 |
| HDFC Index Fund-NIFTY 50 Plan | 22.35 |
| ICICI Pru Nifty 50 Index Fund | 22.33 |
| SBI Nifty Index Fund | 22.32 |
Top Index Funds.
The table below shows the top Index Funds based on AUM.
| Index Funds | AUM |
| UTI Nifty 50 Index Fund | 11,585.85 |
| HDFC Index Fund-NIFTY 50 Plan | 8,973.00 |
| HDFC Index Fund-S&P BSE Sensex | 5,070.88 |
| ICICI Pru Nifty 50 Index Fund | 4,821.90 |
| SBI Nifty Index Fund | 4,595.99 |
| ICICI Pru Nifty Next 50 Index Fund | 2,844.99 |
| UTI Nifty200 Momentum 30 Index Fund | 2,272.53 |
| UTI Nifty Next 50 Index Fund | 2,269.52 |
| ICICI Pru S&P BSE Sensex Index Fund | 1,031.15 |
| Nippon India Index Fund-Nifty 50 | 943.10 |
Index mutual funds.
The table below shows the Index mutual funds based on the lowest to highest expense ratio.
| Index Mutual Funds | Expense Ratio (%) |
| Edelweiss Nifty 50 Index Fund | 0.05 |
| Navi Nifty 50 Index Fund | 0.06 |
| Edelweiss Nifty Next 50 Index Fund | 0.09 |
| Bandhan Nifty 50 Index Fund | 0.1 |
| Navi Nifty Bank Index Fund | 0.1 |
| Bandhan Nifty 100 Index Fund | 0.11 |
| Navi Nifty Midcap 150 Index Fund | 0.11 |
| Axis Nifty 50 Index Fund | 0.12 |
| Navi Nifty Next 50 Index Fund | 0.12 |
| Navi Nifty India Manufacturing Ind | 0.12 |
Top Index Mutual Funds.
The table below shows the top Index mutual funds based on absolute return.
| Index Mutual Fund | Absolute Return (%) |
| Axis Nifty Midcap 50 Index Fund | 28.08 |
| Motilal Oswal Nifty Smallcap 250 Index Fund | 25.00 |
| Nippon India Nifty Smallcap 250 Index Fund | 24.92 |
| ICICI Pru Nifty Smallcap 250 Index Fund | 24.90 |
| Aditya Birla SL Nifty Smallcap 50 Index Fund | 21.94 |
| Axis Nifty Smallcap 50 Index Fund | 21.85 |
| Motilal Oswal Nifty Midcap 150 Index Fund | 20.55 |
| Nippon India Nifty Midcap 150 Index Fund | 20.54 |
| Navi Nifty Midcap 150 Index Fund | 20.50 |
| Aditya Birla SL Nifty Midcap 150 In | 20.49 |
How To Invest In Index Funds In India?
To invest in index funds in India, follow these steps:
- Open a Demat and trading account with a reputable brokerage firm like Alice Blue.
- Complete the KYC process by submitting the required documents.
- Research an index fund that suits your investment goals and risk appetite.
- Fund your trading account through online banking.
- Place a buy order for the selected index fund, specifying the investment amount.
- Confirm the purchase and monitor your investment regularly.
- Consider setting up a systematic investment plan (SIP) for regular investments.
- Stay invested for the long term to benefit from market growth and compounding.
Top Index Funds In India – FAQs
What is an index fund in India?
Index Funds are an investment option for long-term, risk-averse investors. Their success relies on low volatility, with the choice of the index playing a crucial role. NSE Indices’ indices are widely adopted by renowned Indian mutual funds to promote Index Funds.
Which is the best US index fund in India?
The best US index Fund in India #1: ICICI Prudential US Bluechip Equity Fund.
The best US index Fund in India #2: Edelweiss US Technology Equity Fund.
The best US index Fund in India #3: Nippon India US Equity Opportunities Fund.
The best US index Fund in India #4: IDFC US Equity Fund of Fund.
The best US index Fund in India #5: DSP US Flexible Equity Fund.
Are index funds good in India?
Investing in index funds offers a significant advantage: their low management costs. By mirroring their underlying benchmarks and eliminating the need for a team of research analysts, these funds provide cost-effective solutions for investors.
What is better than index funds?
ETFs offer greater ease of trading, like buying and selling common stocks on an exchange. Furthermore, investors can purchase ETFs in smaller increments.
Are index funds safe?
Index funds are considered safe as they are not heavily dependent on individual stocks’ performance or investment managers’ expertise, unlike actively managed mutual funds or hedge funds.
Introduction to Top Index Funds In India.
Best Index Funds – CAGR 1 Year.
Motilal Oswal Nifty Smallcap 250 Index Fund
Motilal Oswal Nifty Smallcap 250 Index Fund is an open-ended index fund that aims to replicate the performance of the Nifty Smallcap 250 Index.
The fund invests in a portfolio of small-cap companies listed on the National Stock Exchange (NSE). Small-cap companies generally have smaller market capitalization and higher growth potential.
Motilal Oswal Nifty Midcap 150 Index Fund
Motilal Oswal Nifty Midcap 150 Index Fund is an open-ended index fund that aims to replicate the performance of the Nifty Midcap 150 Index. The fund invests in a diversified portfolio of mid-cap companies listed on the NSE. Mid-cap companies typically have moderate market capitalization and offer a balance between growth potential and stability.
Motilal Oswal Nifty Bank Index Fund
Motilal Oswal Nifty Bank Index Fund is an open-ended index fund that aims to replicate the performance of the Nifty Bank Index. The fund invests in a portfolio of banking sector stocks listed on the NSE.
Top Index Mutual Funds – AUM.
UTI Nifty 50 Index Fund
UTI Nifty 50 Index Fund is an open-ended index fund that aims to replicate the performance of the Nifty 50 Index. The fund invests in the 50 most significant and liquid companies listed on the NSE.
HDFC Index Fund-NIFTY 50 Plan
The HDFC Index Fund-NIFTY 50 Plan is an open-ended index fund that aims to replicate the performance of the Nifty 50 Index. The fund invests in the same stocks and the same proportion as the Nifty 50 Index constituents.
HDFC Index Fund-S&P BSE Sensex
HDFC Index Fund-S&P BSE Sensex is an open-ended index fund that aims to replicate the performance of the S&P BSE Sensex. The fund invests in the 30 most significant and most liquid companies listed on the Bombay Stock Exchange (BSE)
Index mutual fund – Expense ratio.
Edelweiss Nifty 50 Index Fund
Edelweiss Nifty 50 Index Fund is a mutual fund that aims to replicate the performance of the Nifty 50 Index, which consists of the 50 most significant and most actively traded stocks on the National Stock Exchange (NSE) of India.
Navi Nifty 50 Index Fund
Navi Nifty 50 Index Fund is a mutual fund that seeks to replicate the performance of the Nifty 50 Index. The fund invests in the stocks that make up the Nifty 50 Index, providing investors with exposure to a diversified portfolio of leading Indian companies.
Edelweiss Nifty Next 50 Index Fund
Edelweiss Nifty Next 50 Index Fund is a mutual fund that aims to replicate the performance of the Nifty Next 50 Index, which comprises the 50 companies listed on the NSE that follow the Nifty 50 Index constituents in terms of market capitalization.
Top Index Mutual Funds – Absolute Return.
Axis Nifty Midcap 50 Index Fund
The Axis Nifty Midcap 50 Index Fund is an open-ended index fund that aims to replicate the performance of the Nifty Midcap 50 Index. The fund invests in a diversified portfolio of mid-cap stocks listed on the NSE.
Motilal Oswal Nifty Smallcap 250 Index Fund
Motilal Oswal Nifty Smallcap 250 Index Fund is an open-ended index fund that aims to replicate the performance of the Nifty Smallcap 250 Index. The fund invests in a portfolio of small-cap companies listed on the National Stock Exchange (NSE). Small-cap companies generally have smaller market capitalization and higher growth potential.
Nippon India Nifty Smallcap 250 Index Fund
Nippon India Nifty Smallcap 250 Index Fund is a mutual fund that aims to replicate the performance of the Nifty Smallcap 250 Index. This index comprises 250 small-cap companies listed on India’s National Stock Exchange (NSE). The fund allows investors to participate in the growth potential of smaller companies within the Indian stock market while diversifying risk through a basket of small-cap stocks.
Disclaimer: Please note that mutual fund performances are subject to market risks, and it’s always essential to review the latest scheme-related documents and consult with a financial advisor before making any investment decisions.
