Top Index Funds List

Top Index Funds In India

The table below shows the top index funds in India based on AUM; other parameters are NAV and Minimum investment. 

Top Index Funds In IndiaAUMNAVMinimum Investment
UTI Nifty 50 Index Fund11,585.85133.945,000.00
HDFC Index Fund-NIFTY 50 Plan8,973.00186.46100.00
HDFC Index Fund-S&P BSE Sensex5,070.88613.76100.00
ICICI Pru Nifty 50 Index Fund4,821.90201.61100.00
SBI Nifty Index Fund4,595.99178.205,000.00
ICICI Pru Nifty Next 50 Index Fund2,844.9941.33100.00
UTI Nifty Next 50 Index Fund2,388.3016.415,000.00
UTI Nifty200 Momentum 30 Index Fund2,272.5314.945,000.00
ICICI Pru S&P BSE Sensex Index Fund1,031.1521.41100.00
Nippon India Index Fund-Nifty 5035.10100.00

Content:

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:

  1. 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).
  1. 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.
  1. 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.
  1. 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.
  1. 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 Fund37.78
Motilal Oswal Nifty Midcap 150 Index Fund34.32
Motilal Oswal Nifty Bank Index Fund28.31
DSP Nifty 50 Equal Weight Index Fund28.26
Motilal Oswal Nifty 500 Index Fund24.12
Sundaram Nifty 100 Equal Weight Fund23.48
Bandhan Nifty 50 Index Fund22.43
HDFC Index Fund-NIFTY 50 Plan22.35
ICICI Pru Nifty 50 Index Fund22.33
SBI Nifty Index Fund22.32

Top Index Funds.

The table below shows the top Index Funds based on AUM.

Index FundsAUM
UTI Nifty 50 Index Fund11,585.85
HDFC Index Fund-NIFTY 50 Plan8,973.00
HDFC Index Fund-S&P BSE Sensex5,070.88
ICICI Pru Nifty 50 Index Fund4,821.90
SBI Nifty Index Fund4,595.99
ICICI Pru Nifty Next 50 Index Fund2,844.99
UTI Nifty200 Momentum 30 Index Fund2,272.53
UTI Nifty Next 50 Index Fund2,269.52
ICICI Pru S&P BSE Sensex Index Fund1,031.15
Nippon India Index Fund-Nifty 50943.10

Index mutual funds.

The table below shows the Index mutual funds based on the lowest to highest expense ratio.

Index Mutual FundsExpense Ratio (%)
Edelweiss Nifty 50 Index Fund0.05
Navi Nifty 50 Index Fund0.06
Edelweiss Nifty Next 50 Index Fund0.09
Bandhan Nifty 50 Index Fund0.1
Navi Nifty Bank Index Fund0.1
Bandhan Nifty 100 Index Fund0.11
Navi Nifty Midcap 1