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Best Index Funds in India

357 index funds in India, of which 214 meet the eligibility criteria, ranked on expense ratio. Cheapest way to track an index?

Ranked on expense ratio and tracking — a passive fund’s job is to be cheap and accurate.

Index Funds ranked by expense ratio

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1HDFC CRISIL-IBX Financial Services 3-6 Months Debt Index Fund - Direct Growth PlanGold0.09%+6.87%—₹1,972 Cr₹11.0478
2BANDHAN CRISIL IBX 90:10 SDL PLUS GILT - SEPTEMBER 2027 INDEX FUND - Growth - Direct PlanPlatinum0.09%+5.37%+7.66%₹144 Cr₹13.2088
3BANDHAN CRISIL IBX 90:10 SDL PLUS GILT APRIL 2032 INDEX FUND - DIRECT GROWTHPlatinum0.09%+2.97%+7.77%₹382 Cr₹13.0522
4Bandhan CRISIL-IBX Financial Services 3-6 Months Debt Index Fund - Direct Plan - GrowthPlatinum0.10%+6.69%—₹387 Cr₹11.1752
5Navi Nifty 50 Index Fund-Direct Plan-Growth0.10%-11.83%+12.81%₹3,900 Cr₹15.2396
6ICICI Prudential CRISIL-IBX Financial Services 3-6 Months Debt Index Fund - Direct Plan - GrowthGold0.11%+6.69%—₹539 Cr₹11.1547
7Mirae Asset CRISIL-IBX Financial Services 9-12 Months Debt Index Fund - Direct Plan - Growth0.11%+5.80%—₹130 Cr₹10.8204
8Axis CRISIL-IBX Financial Services 3-6 Months Debt Index Fund - Direct Plan - Growth option0.12%+6.52%—₹218 Cr₹10.7224
9Kotak CRISIL-IBX Financial Services 3-6 Months Debt Index Fund-Direct-GrowthGold0.12%+6.46%—₹236 Cr₹11.1556
10Kotak CRISIL-IBX Financial Services 9 to 12 Months Debt Index Fund - Direct - GrowthGold0.13%+5.93%—₹1,106 Cr₹10.665
11Kotak Nifty 50 Index Fund - Direct Plan-Growth0.13%-11.83%+12.75%₹1,112 Cr₹15.339
12Kotak Nifty AAA Bond Financial Services Mar 2028 Index Fund - Direct Plan - GrowthSilver0.14%+4.95%—₹286 Cr₹10.7056
13Edelweiss Nifty 50 Index Fund Direct Plan Growth0.14%-11.73%+12.37%₹282 Cr₹13.6986
14Aditya Birla Sun Life Crisil-IBX financial Services 3 to 6 months Debt Index Fund-Direct GrowthPlatinum0.15%+6.69%—₹2,220 Cr₹11.3719
15Nippon India CRISIL - IBX AAA Financial Services - Dec 2026 Index Fund - Direct Plan - Growth OptionPlatinum0.15%+6.59%—₹118 Cr₹11.5671
16Axis CRISIL-IBX AAA Bond NBFC - Jun 2027 Index Fund - Direct Plan - Growth OptionPlatinum0.15%+6.03%—₹2,398 Cr₹11.6364
17Nippon India Nifty AAA CPSE Bond Plus SDL - Apr 2027 Maturity 60:40 Index Fund - Direct Plan - Growth OptionGold0.15%+5.96%+7.49%₹2,931 Cr₹13.2566
18Axis CRISIL IBX SDL May 2027 Index Fund - Direct Plan - GrowthBronze0.15%+5.66%+7.67%₹1,710 Cr₹13.3022
19HSBC CRISIL IBX Gilt June 2027 Index Fund - Direct - Growth0.15%+4.98%+7.33%₹181 Cr₹12.8372
20DSP CRISIL-IBX 50:50 Gilt Plus SDL - April 2033 Index Fund - Direct - GrowthGold0.15%+2.23%+7.61%₹269 Cr₹12.8993
21Aditya Birla Sun Life Crisil-IBX Financial Services 9-12 Months Debt Index Fund-Direct GrowthGold0.16%+5.87%—₹1,329 Cr₹11.1085
22Edelweiss CRISIL IBX AAA Financial Services Bond - Jan 2028 Index Fund - Growth - Direct PlanPlatinum0.16%+5.37%—₹103 Cr₹11.422
23DSP Nifty SDL Plus G-Sec Jun 2028 30:70 Index Fund - Direct - GrowthPlatinum0.16%+4.66%+7.85%₹1,642 Cr₹13.3838
24HDFC Nifty G-Sec July 2031 Index Fund - Growth Option - Direct PlanSilver0.16%+2.21%+7.97%₹623 Cr₹13.1511
25BANDHAN Nifty 50 Index Fund-Direct Plan-Growth0.16%-11.89%+13.12%₹2,671 Cr₹51.6725
26UTI CRISIL SDL Maturity April 2033 Index Fund - Direct Plan - Growth OptionSilver0.17%+2.54%+7.46%₹266 Cr₹12.8804
27Axis Nifty 500 Index Fund - Direct Plan - Growth OptionSilver0.17%-9.26%—₹314 Cr₹9.6329
28Axis Nifty 50 Index Fund - Direct Plan - GrowthSilver0.17%-11.87%+12.67%₹993 Cr₹14.0342
29ICICI Prudential Nifty SDL Sep 2027 Index Fund - Direct Plan - GrowthPlatinum0.18%+5.32%+7.77%₹1,429 Cr₹13.3161
30Mirae Asset CRISIL IBX Gilt Index - April 2033 Index Fund - Direct Plan - Growth0.18%+1.56%+7.87%₹206 Cr₹13.2378
31Edelweiss CRISIL IBX 50:50 Gilt Plus SDL April 2037 Index Fund - Direct Plan - GrowthGold0.18%+1.24%+7.70%₹882 Cr₹13.2115
32BANDHAN NIFTY 100 INDEX FUND - DIRECT PLAN - GROWTH0.18%-10.63%+13.22%₹262 Cr₹14.4122
33HSBC CRISIL IBX 50:50 Gilt Plus SDL Apr 2028 Index Fund - Direct - GrowthBronze0.19%+4.68%+7.84%₹1,748 Cr₹13.3782
34Axis CRISIL IBX 50:50 Gilt Plus SDL June 2028 Index Fund - Direct Plan - GrowthGold0.19%+4.61%+7.52%₹337 Cr₹12.9705
35Aditya Birla Sun Life Crisil IBX 50:50 Gilt Plus SDL Apr 2028 Index Fund-Direct GrowthPlatinum0.19%+4.55%+7.58%₹402 Cr₹13.3854
36ICICI Prudential Nifty SDL Dec 2028 Index Fund - Direct Plan - GrowthPlatinum0.19%+4.29%+7.72%₹899 Cr₹13.3746
37Tata Nifty G-Sec Dec 2029 Index Fund - Direct Plan - GrowthGold0.19%+3.37%+7.75%₹131 Cr₹13.0211
38HDFC Nifty G-Sec Sep 2032 Index Fund - Growth Option - Direct PlanSilver0.19%+1.90%+7.85%₹614 Cr₹12.9948
39Motilal Oswal Nifty 50 Index Fund - Direct plan - Growth0.19%-11.86%+14.63%₹845 Cr₹20.1368
40Kotak Nifty SDL Apr 2027 Top 12 Equal Weight Index Fund-Direct Plan-GrowthPlatinum0.20%+5.74%+7.59%₹6,137 Cr₹13.3266
41ICICI Prudential Nifty SDL Sep 2026 Index Fund - Direct Plan - GrowthGold0.20%+5.68%+7.20%₹194 Cr₹12.9566
42Kotak CRISIL -IBX AAA Financial Services Index Sep-2027 Fund-DIRECT PLAN-GROWTH OptionPlatinum0.20%+5.61%—₹606 Cr₹11.648
43HDFC Nifty SDL Oct 2026 Index Fund - Growth Option - Direct PlanPlatinum0.20%+5.59%+7.22%₹177 Cr₹12.9297
44HDFC Nifty G-Sec Dec 2026 Index Fund - Growth Option - Direct PlanGold0.20%+5.45%+7.20%₹920 Cr₹13.1412
45ICICI Prudential Nifty PSU Bond Plus SDL Sep 2027 40:60 Index Fund - Direct Plan GrowthGold0.20%+5.26%+7.51%₹7,771 Cr₹13.4321
46BANDHAN CRISIL IBX Gilt June 2027 Index Fund Direct Plan-GrowthGold0.20%+5.01%+7.29%₹5,182 Cr₹13.9713
47HDFC Nifty G-Sec Jun 2027 Index Fund - Growth Option - Direct PlanGold0.20%+4.93%+7.39%₹568 Cr₹13.0641
48Nippon India Nifty G-Sec Sep 2027 Maturity Index Fund-Direct Plan-Growth OptionPlatinum0.20%+4.88%+7.38%₹353 Cr₹13.0278
49Nippon India Nifty SDL Plus G-Sec - Jun 2028 Maturity 70:30 Index Fund-Direct Plan-Growth OptionPlatinum0.20%+4.79%+7.59%₹333 Cr₹13.1669
50BANDHAN CRISIL IBX Gilt April 2028 Index Fund Direct Plan-GrowthGold0.20%+4.65%+7.40%₹3,367 Cr₹14.0118
51Edelweiss CRISIL IBX 50:50 Gilt Plus SDL Sep 2028 Index Fund - Direct Plan - GrowthGold0.20%+4.49%+7.62%₹104 Cr₹13.2997
52Nippon India Nifty G-Sec Oct 2028 Maturity Index Fund-Direct Plan-Growth OptionGold0.20%+4.11%+7.50%₹126 Cr₹12.9899
53Nippon India Nifty SDL Plus G-Sec-Jun 2029 Maturity 70:30 Index Fund-Direct Plan-Growth OptionPlatinum0.20%+4.05%+7.62%₹320 Cr₹12.9463
54Edelweiss CRISIL IBX 50:50 Gilt Plus SDL Short Duration Index fund - Direct Plan - GrowthPlatinum0.20%+3.77%+7.36%₹143 Cr₹12.8152
55Kotak Nifty SDL Apr 2032 Top 12 Equal Weight Index Fund-Direct Plan- GrowthGold0.20%+2.97%+7.90%₹2,885 Cr₹13.3234
56ICICI Prudential Nifty G-Sec Dec 2030 Index Fund - Direct Plan - GrowthGold0.20%+2.87%+7.89%₹803 Cr₹13.3059
57BANDHAN CRISIL IBX GILT APRIL 2032 INDEX FUND - DIRECT GROWTHGold0.20%+2.11%+7.82%₹408 Cr₹12.9238
58HDFC Nifty G-Sec Jun 2036 Index Fund - Growth Option - Direct PlanSilver0.20%+1.38%+7.62%₹839 Cr₹12.8886
59Nippon India Nifty G-Sec Jun 2036 Maturity Index Fund-Direct Plan-Growth OptionGold0.20%+1.34%+7.86%₹689 Cr₹12.9909
60SBI CPSE Bond Plus SDL Sep 2026 50:50 Index Fund - Direct Plan - GrowthGold0.21%+5.95%+7.29%₹7,074 Cr₹13.2629
61Aditya Birla Sun Life Nifty SDL Plus PSU Bond SEP 2026 60:40 Index Fund-Direct GrowthGold0.21%+5.89%+7.24%₹6,822 Cr₹13.3594
62Aditya Birla Sun Life Crisil IBX 60:40 SDL+AAA PSU-Apr 2027 Index Fund-Direct GrowthGold0.21%+5.80%+7.52%₹1,307 Cr₹13.2543
63Aditya Birla Sun Life Nifty SDL Apr 2027 Index Fund-Direct GrowthPlatinum0.21%+5.61%+7.47%₹3,185 Cr₹13.4206
64Kotak Nifty SDL Plus AAA PSU Bond Jul 2028 60:40 Index Fund Direct Plan - GrowthSilver0.21%+4.64%+7.56%₹503 Cr₹13.2909
65HDFC Nifty G-Sec Apr 2029 Index Fund - Growth Option - Direct PlanSilver0.21%+3.53%+7.66%₹153 Cr₹12.9794
66SBI CRISIL IBX Gilt Index - April 2029 Fund - Direct Plan - GrowthGold0.21%+3.48%+7.79%₹1,990 Cr₹13.3432
67Kotak Nifty SDL Jul 2033 Index Fund Direct Plan Growth OptionGold0.21%+2.46%+7.27%₹177 Cr₹12.8023
68Aditya Birla Sun Life Crisil IBX Gilt-Apr-2029 Index Fund-Direct GrowthGold0.22%+3.53%+7.81%₹602 Cr₹13.3915
69Aditya Birla Sun Life CRISIL IBX SDL Jun 2032 INDEX FUND - Direct GrowthGold0.22%+2.71%+7.53%₹144 Cr₹12.8782
70ICICI Prudential Nifty Bank Index Fund - Direct Plan Growth0.22%-6.13%+11.95%₹733 Cr₹15.7913
71JioBlackRock Nifty 50 Index Fund - Direct Plan - Growth Option0.22%-11.84%—₹264 Cr₹9.3576
72DSP Nifty 50 Index Fund - Direct Plan - Growth0.22%-11.87%+14.68%₹1,047 Cr₹22.7857
73HSBC NIFTY 50 INDEX FUND - Direct GrowthSilver0.22%-11.87%+10.08%₹371 Cr₹27.3232
74ICICI Prudential BSE Sensex Index Fund - Direct Plan - Cumulative Option0.22%-12.81%+14.62%₹1,740 Cr₹24.8857
75HDFC BSE Sensex Index Fund - Direct Plan0.22%-12.84%+12.77%₹7,973 Cr₹712.9588
76Baroda BNP Paribas NIFTY SDL December 2028 Index Fund - Direct Plan - Growth Option0.23%+4.29%+7.49%₹100 Cr₹12.892
77Navi Nifty Bank Index Fund- Direct Plan- Growth0.23%-6.19%+11.75%₹613 Cr₹14.4346
78Motilal Oswal Nifty 500 Index Fund - Direct Plan0.23%-9.05%+17.28%₹3,086 Cr₹25.6182
79UTI BSE Sensex Index Fund - Direct Plan - Growth Option0.23%-12.79%+11.70%₹184 Cr₹13.4735
80Mirae Asset Nifty SDL Jun 2027 Index Fund - Direct Plan - GrowthGold0.24%+5.61%+7.73%₹472 Cr₹13.3172
81Tata Nifty SDL Plus AAA PSU Bond Dec 2027 60 40 Index Fund - Growth Option - Direct PlanPlatinum0.24%+4.84%+7.72%₹645 Cr₹13.4034
82Axis Nifty Bank Index Fund - Direct Plan - Growth OptionBronze0.24%-6.16%—₹175 Cr₹11.3123
83ICICI Prudential Nifty 50 Index Fund - Direct Plan Cumulative Option0.24%-11.95%+13.03%₹16,311 Cr₹244.0674
84SBI NIFTY INDEX FUND - DIRECT PLAN - GROWTH0.24%-11.98%+12.81%₹13,190 Cr₹215.7578
85SBI BSE Sensex Index Fund - Direct Plan - Growth0.24%-12.86%+6.46%₹288 Cr₹12.2944
86Edelweiss NIFTY PSU Bond Plus SDL Apr 2027 50:50 Index Fund - Direct Plan GrowthGold0.25%+5.68%+7.44%₹2,084 Cr₹13.4925
87SBI CRISIL IBX SDL Index - September 2027 Fund - Direct Plan - GrowthPlatinum0.25%+5.25%+7.62%₹2,216 Cr₹13.3122
88Edelweiss Nifty Next 50 Index Fund - Direct Plan - GrowthBronze0.25%-4.37%+18.73%₹295 Cr₹15.857
89UTI Nifty 50 Index Fund - Growth Option- Direct0.25%-11.92%+13.05%₹28,064 Cr₹162.3751
90Axis Nifty Next 50 Index Fund - Direct Plan - GrowthPlatinum0.26%-4.47%+18.20%₹532 Cr₹16.8341
91Axis Nifty 100 Index Fund - Direct Plan - Growth Option0.26%-10.69%+15.08%₹1,989 Cr₹21.5143
92HDFC NIFTY LargeMidcap 250 Index Fund - Growth Option - Direct0.27%-8.21%—₹456 Cr₹9.5208
93SBI |CRISIL IBX Gilt Index - June 2036 Fund - Direct Plan - GrowthSilver0.28%+1.40%+7.99%₹2,638 Cr₹13.286
94Kotak Nifty Next 50 Index Fund - Direct Plan - Growth OptionBronze0.29%-4.50%+19.20%₹1,289 Cr₹19.8818
95Navi Nifty Next 50 Index Fund- Direct Plan- GrowthBronze0.29%-4.58%+18.10%₹1,275 Cr₹16.1686
96Tata Nifty Midcap 150 Index Fund - Direct Plan - Growth Option0.29%-5.91%—₹318 Cr₹10.0239
97HDFC Nifty 50 Index Fund - Direct Plan0.29%-12.00%+13.07%₹22,246 Cr₹225.6639
98Kotak Nifty Commodities Index Fund-Direct Growth0.30%-3.91%—₹283 Cr₹11.253
99Nippon India Nifty Bank Index Fund - Direct Plan - Growth Option0.31%-6.25%—₹219 Cr₹11.8102
100Franklin India NSE Nifty 50 Index Fund - Growth - Direct Plan0.31%-11.90%+12.71%₹654 Cr₹197.4035
101Edelweiss Nifty Smallcap 250 Index Fund - Direct Plan - GrowthBronze0.32%-4.65%+19.11%₹277 Cr₹17.4893
102SBI Nifty Bank Index Fund-Direct Plan- Growth0.32%-6.07%—₹199 Cr₹10.9768
103Motilal Oswal Nifty Bank Index Fund - Direct Plan0.32%-6.22%+12.62%₹619 Cr₹20.3483
104ICICI Prudential Nifty LargeMidcap 250 Index Fund - Direct Plan - Growth0.33%-8.25%—₹290 Cr₹11.6949
105SBI Nifty 500 Index Fund- Direct Plan- Growth0.34%-9.32%—₹734 Cr₹9.1368
106HDFC NIFTY500 Multicap 50:25:25 Index Fund - Direct Plan0.35%-7.96%—₹510 Cr₹9.4994
107HDFC BSE 500 Index Fund - Growth Option - Direct Plan0.35%-9.50%+11.93%₹313 Cr₹14.8108
108LIC MF Nifty Next 50 Index Fund-Direct Plan-GrowthBronze0.36%-4.29%—₹109 Cr₹55.6769
109Tata Nifty Next 50 Index Fund - Direct Plan Growth Option0.36%-4.59%—₹120 Cr₹9.9962
110Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index Fund - Direct Plan - Growth optionGold0.36%-7.66%—₹280 Cr₹13.49
111ICICI Prudential Nifty Auto Index Fund - Direct Plan - Growth0.36%-8.00%+25.73%₹234 Cr₹20.5588
112HDFC NIFTY 100 Index Fund - Direct Plan - Growth Option0.36%-10.77%+12.97%₹457 Cr₹14.3251
113Axis Nifty Midcap 50 Index Fund - Direct Plan - Growth OptionPlatinum0.37%-4.08%+24.04%₹732 Cr₹20.1025
114Edelweiss NIFTY Large Midcap 250 Index Fund - Direct Plan GrowthBronze0.37%-8.28%+17.58%₹332 Cr₹16.249
115BANDHAN Nifty Smallcap 250 Index Fund - Direct Plan - Growth0.38%-4.96%—₹106 Cr₹12.1538
116Navi Nifty Midcap 150 Index Fund Direct Plan- GrowthSilver0.38%-5.98%+22.08%₹381 Cr₹19.9326
117ICICI Prudential Nifty50 Equal Weight Index Fund- Direct Plan - GrowthBronze0.38%-7.69%+16.42%₹267 Cr₹16.3051
118Zerodha Nifty LargeMidcap 250 Index Fund - Direct Plan - Growth optionGold0.38%-7.74%—₹1,569 Cr₹13.4608
119DSP Nifty Smallcap250 Quality 50 Index Fund - Direct - Growth0.38%-13.22%—₹302 Cr₹10.2774
120SBI BSE PSU BANK INDEX FUND- Direct Plan- Growth0.39%+2.37%—₹333 Cr₹13.2972
121Axis Nifty500 Value 50 Index Fund - Direct Plan - Growth OptionBronze0.39%-0.49%—₹234 Cr₹10.5115
122DSP Nifty Next 50 Index Fund - Direct Plan - GrowthBronze0.39%-4.55%+18.36%₹1,350 Cr₹26.8883
123Motilal Oswal Nifty Midcap 150 Index Fund - Direct PlanBronze0.39%-5.70%+24.78%₹3,995 Cr₹38.2304
124ICICI Prudential Nifty Midcap 150 Index Fund - Direct Plan - GrowthBronze0.39%-5.81%+21.88%₹1,257 Cr₹18.8481
125Tata BSE Select Business Groups Index Fund - Direct Growth0.39%-8.12%—₹213 Cr₹9.6472
126HDFC NIFTY Next 50 Index Fund - Direct Plan - Growth OptionBronze0.40%-4.68%+17.98%₹2,621 Cr₹16.034
127HDFC NIFTY Smallcap 250 Index Fund - Growth Option - Direct Plan0.40%-5.02%+17.38%₹754 Cr₹18.2517
128JioBlackRock Nifty Midcap 150 Index Fund - Direct Plan - Growth Option0.40%-5.81%—₹266 Cr₹9.9248
129HDFC NIFTY Midcap 150 Index Fund - Growth Option - Direct PlanBronze0.40%-5.93%+18.55%₹699 Cr₹17.9934
130ICICI Prudential Nifty IT Index Fund - Direct Plan - Growth0.40%-9.63%+3.64%₹423 Cr₹11.6221
131Kotak NIFTY 100 Low Volatility 30 Index Fund - Direct plan - Growth option0.40%-10.76%—₹102 Cr₹10.3157
132DSP Nifty Top 10 Equal Weight Index Fund - Direct - Growth0.40%-15.16%—₹1,044 Cr₹8.8675
133JioBlackRock Nifty Next 50 Index Fund - Direct Plan - Growth Option0.41%-4.47%—₹220 Cr₹10.115
134ICICI Prudential Nifty Next 50 Index Fund - Direct Plan - Growth0.41%-4.75%+16.50%₹9,744 Cr₹63.0251
135JioBlackRock Nifty Smallcap 250 Index Fund - Direct Plan - Growth Option0.41%-4.90%—₹393 Cr₹9.9285
136HDFC Nifty India Digital Index Fund - Growth Option - Direct0.41%-8.49%—₹141 Cr₹8.6876
137Nippon India Nifty IT Index Fund - Direct Plan - Growth Option0.41%-9.67%—₹240 Cr₹8.9735
138Nippon India Nifty Midcap 150 Index Fund - Direct Plan - Growth OptionSilver0.42%-5.71%+22.92%₹2,675 Cr₹24.4198
139Aditya Birla Sun Life Nifty 50 Equal Weight Index Fund-Direct GrowthPlatinum0.42%-7.65%+16.83%₹513 Cr₹18.124
140HDFC Nifty100 Quality 30 Index Fund - Direct Plan0.42%-7.67%—₹131 Cr₹10.4926
141SBI Nifty200 Quality 30 Index Fund-Direct Plan- Growth0.42%-10.88%—₹303 Cr₹9.3691
142SBI Nifty Next 50 Index Fund - Direct Plan - GrowthBronze0.43%-4.60%+18.87%₹2,318 Cr₹18.8108
143Axis Nifty IT Index Fund - Direct Plan - Growth0.43%-9.70%—₹123 Cr₹11.496
144ICICI Prudential Nifty Smallcap 250 Index Fund - Direct Plan - Growth0.44%-5.08%+19.92%₹785 Cr₹17.1852
145DSP Nifty IT Index Fund - Direct - Growth0.44%-9.33%—₹103 Cr₹8.5966
146Axis Nifty Smallcap 50 Index Fund - Direct Plan - Growth OptionPlatinum0.45%+1.00%+24.28%₹778 Cr₹19.8442
147Motilal Oswal Nifty Next 50 Index Fund - Direct plan - Growth0.45%-4.64%+18.75%₹509 Cr₹24.3608
148UTI Nifty50 Equal Weight Index Fund - Direct Plan - Growth OptionGold0.45%-7.63%+13.32%₹147 Cr₹14.4696
149DSP Nifty Midcap 150 Quality 50 Index Fund - Direct - Growth0.45%-10.41%+13.25%₹398 Cr₹13.6603
150SBI Nifty India Consumption Index Fund- Direct Plan- Growth0.45%-14.38%—₹239 Cr₹9.6847
151UTI Nifty Next 50 Index Fund - Direct Plan - Growth OptionSilver0.46%-4.56%+18.00%₹7,295 Cr₹25.181
152Motilal Oswal Nifty Smallcap 250 Index Fund- Direct Plan0.46%-4.85%+24.48%₹1,243 Cr₹37.5727
153HSBC NIFTY NEXT 50 INDEX FUND - Direct GrowthGold0.46%-4.86%+18.40%₹184 Cr₹29.7476
154HDFC NIFTY50 Equal weight Index Fund - Direct Plan - Growth OptionBronze0.46%-7.73%+16.68%₹1,705 Cr₹17.7159
155ICICI Prudential Nifty 500 Index Fund - Direct Plan - Growth0.46%-9.53%—₹102 Cr₹9.8929
156Kotak Nifty Smallcap 50 Index Fund - Direct Plan - GrowthSilver0.48%+0.57%+22.76%₹260 Cr₹21.762
157Nippon India Nifty Smallcap 250 Index Fund - Direct Plan - Growth Option0.48%-4.88%+22.34%₹3,454 Cr₹33.2373
158Aditya Birla Sun Life Nifty Next 50 Index Fund-Direct GrowthGold0.49%-4.53%+18.08%₹271 Cr₹16.8789
159Aditya Birla Sun Life Nifty Midcap 150 Index Fund-Direct GrowthPlatinum0.49%-5.89%+22.93%₹469 Cr₹23.8216
160DSP Nifty Private Bank Index Fund - Direct - Growth0.49%-6.53%—₹106 Cr₹11.1465
161DSP Nifty 50 Equal Weight Index Fund - Direct Plan - GrowthBronze0.49%-7.60%+17.82%₹2,550 Cr₹26.1394
162SBI Nifty50 Equal Weight Index Fund - Direct Plan - Growth0.50%-7.76%—₹995 Cr₹11.6629
163BANDHAN NIFTY100 LOW VOLATILITY 30 INDEX FUND - GROWTH - DIRECT PLAN0.50%-10.89%+13.85%₹1,420 Cr₹15.0091
164ICICI Prudential Nifty Pharma Index Fund - Direct Plan - GrowthGold0.51%+12.79%+21.64%₹163 Cr₹20.9974
165SBI Nifty Smallcap 250 Index Fund - Direct Plan - Growth0.51%-5.07%+19.15%₹1,755 Cr₹18.2632
166SBI Nifty IT Index Fund - Direct Plan - Growth0.51%-9.71%—₹129 Cr₹8.279
167SBI Nifty Midcap 150 Index Fund - Direct Plan - GrowthBronze0.52%-5.82%+21.90%₹1,240 Cr₹18.3624
168Nippon India Nifty 50 Value 20 Index Fund - Direct Plan - Growth Option0.52%-13.09%+14.91%₹708 Cr₹16.973
169HDFC NIFTY100 Low Volatility 30 Index Fund - Direct Plan0.53%-10.85%—₹199 Cr₹9.8872
170Tata Nifty Auto Index Fund - Direct Plan - Growth0.54%-8.26%—₹108 Cr₹11.6008
171HDFC NIFTY Realty Index Fund - Direct Plan0.54%-16.53%—₹176 Cr₹9.1427
172Edelweiss MSCI India Domestic & World Healthcare 45 Index Fund Direct Plan - GrowthPlatinum0.55%+12.55%+17.66%₹192 Cr₹25.2802
173Motilal Oswal BSE Enhanced Value Index Fund-Direct planSilver0.55%-4.35%+31.41%₹2,132 Cr₹25.3775
174Nippon India Nifty 500 Equal Weight Index Fund - Direct Plan - Growth Option0.55%-7.85%—₹450 Cr₹8.9916
175Tata Nifty India Tourism Index Fund - Direct - Growth0.55%-18.33%—₹254 Cr₹8.7119
176Motilal Oswal Nifty India Defence Index Fund Direct Plan Growth0.56%+4.79%—₹5,434 Cr₹11.3957
177UTI Nifty Private Bank Index Fund - Direct Plan - Growth Option0.56%-6.70%—₹226 Cr₹10.044
178Nippon India Nifty Alpha Low Volatility 30 Index Fund - Direct Plan - Growth Option0.56%-10.13%+15.12%₹1,169 Cr₹15.0699
179LIC MF Nifty 50 Index Fund-Direct Plan-Growth0.56%-12.25%+12.66%₹345 Cr₹138.1874
180HDFC Nifty 100 Equal Weight Index Fund - Direct Plan - Growth OptionBronze0.57%-6.27%+17.02%₹517 Cr₹16.5226
181Tata Nifty MidSmall Healthcare Index Fund - Direct Plan - GrowthSilver0.58%+7.22%—₹221 Cr₹15.2425
182Tata Nifty500 Multicap India Manufacturing 50:30:20 Index Fund -Direct Plan-GrowthBronze0.58%-4.68%—₹133 Cr₹11.5737
183Axis Nifty500 Momentum 50 Index Fund - Direct Plan - Growth Option0.58%-9.13%—₹175 Cr₹10.6562
184ICICI Prudential Nifty200 Value 30 Index Fund - Direct Plan - GrowthBronze0.59%+0.45%—₹188 Cr₹10.2147
185Edelweiss Nifty 100 Quality 30 Index Fund Direct Plan GrowthBronze0.59%-7.57%+13.99%₹111 Cr₹14.2552
186Nippon India Nifty 500 Momentum 50 Index Fund - Direct Plan - Growth Option0.60%-8.72%—₹1,277 Cr₹8.0777
187ICICI Prudential NASDAQ 100 Index Fund - Direct Plan - GrowthGold0.63%+24.39%+29.56%₹3,738 Cr₹23.4994
188Motilal Oswal S&P 500 Index Fund - Direct Plan GrowthPlatinum0.64%+22.50%+15.87%₹4,584 Cr₹33.2189
189Tata Nifty Capital Markets Index Fund - Direct Plan Growth Option0.64%+6.40%—₹964 Cr₹13.9857
190Motilal Oswal Nifty Capital Market Index Fund - Direct Plan - Growth0.65%+6.52%—₹663 Cr₹12.2107
191Kotak Nifty Midcap 150 Momentum 50 Index Fund-Direct Plan-Growth0.65%-8.09%—₹447 Cr₹8.996
192Aditya Birla Sun Life Nifty Smallcap 50 Index Fund-Direct GrowthPlatinum0.66%+0.88%+22.32%₹364 Cr₹22.8173
193UTI Nifty 200 Quality 30 Index Fund - Direct Plan - Growth Option0.66%-10.89%—₹500 Cr₹8.3573
194UTI BSE Low Volatility Index Fund - Direct Plan - Growth Option0.66%-14.09%+15.17%₹418 Cr₹15.0913
195UTI Nifty Midcap 150 Quality 50 Index Fund - Direct Plan - Growth Option0.68%-10.51%+13.33%₹249 Cr₹13.2505
196Kotak Nifty 200 Momentum 30 Index Fund - Direct Plan - Growth Option0.68%-13.88%+12.10%₹562 Cr₹13.669
197Edelweiss Nifty500 Multicap Momentum Quality 50 Index Fund - Direct - Growth0.70%-12.47%—₹602 Cr₹8.4409
198DSP Nifty500 Flexicap Quality 30 Index Fund - Direct - Growth0.70%-14.41%—₹198 Cr₹9.212
199Motilal Oswal Nifty Microcap 250 Index Fund- Direct- Growth OptionBronze0.72%-0.43%—₹2,410 Cr₹17.3683
200ICICI Prudential Nifty 200 Momentum 30 Index Fund - Direct Plan - Growth0.72%-13.98%+15.93%₹518 Cr₹15.5681
201UTI Nifty 500 Value 50 Index Fund - Direct Plan - Growth OptionPlatinum0.73%-0.87%+25.86%₹838 Cr₹20.4153
202Bandhan Nifty Alpha 50 Index Fund - Direct Plan - Growth0.74%-3.42%—₹598 Cr₹13.6893
203HDFC NIFTY200 Momentum 30 Index Fund - Direct Plan0.75%-14.08%—₹568 Cr₹9.5832
204Sundaram Nifty 100 Equal Weight Fund (Formerly Known as Principal Nifty 100 Equal Weight Fund) - Direct Plan - Growth OptionBronze0.76%-5.87%+16.66%₹140 Cr₹183.1442
205Motilal Oswal Nifty 200 Momentum 30 Index Fund-Direct Plan0.76%-14.21%+16.35%₹882 Cr₹14.2697
206Tata Nifty Midcap 150 Momentum 50 Index Fund - Growth - Direct Plan0.77%-8.42%+21.36%₹1,206 Cr₹17.4755
207UTI Nifty Midsmallcap 400 Momentum Quality 100 Index Fund - Direct Plan - Growth Option0.78%-3.39%—₹130 Cr₹11.2013
208Edelweiss Nifty Midcap150 Momentum 50 Index Fund - Direct Plan - Growth0.78%-8.08%+21.79%₹1,728 Cr₹17.5694
209Motilal Oswal Nifty 500 Momentum 50 Index Fund-Direct Plan-Growth0.79%-9.56%—₹785 Cr₹7.9914
210BANDHAN NIFTY200 MOMENTUM 30 INDEX FUND - GROWTH - DIRECT PLAN0.81%-14.12%+15.61%₹116 Cr₹14.6083
211Tata Nifty200 Alpha 30 Index Fund - Direct -Growth0.82%-7.55%—₹199 Cr₹8.3999
212UTI Nifty 200 Momentum 30 Index Fund - Direct Plan - Growth Option0.82%-13.87%+17.92%₹7,962 Cr₹19.8433
213SBI Nifty200 Momentum 30 Index Fund- Direct Plan- Growth0.86%-14.11%—₹114 Cr₹9.0762
214Motilal Oswal Nifty MidSmall Financial Services Index Fund - Direct Plan- GrowthBronze0.89%+1.22%—₹118 Cr₹13.034

Badges are our own quality tiers — Platinum (top 10%), Gold (25%), Silver (50%), Bronze (75%) — scored within each sub-category, so they compare a fund with its peers and not with funds of a different type. “3Y typical” is the median annualised return across every 3-year holding period the fund has lived through, not a single 3-year figure; “3Y loss odds” is the share of those periods that ended down. “Beat peers” is the share in which it beat its category's median, and “worst fall” is its deepest peak-to-trough drop. Open a fund for the full distribution. Click any column heading to re-sort — including the fund name, which groups a house’s funds together. Funds with no value for a column sort last. Returns over 1 year are annualised (CAGR). Past performance does not indicate future returns. Eligibility: Direct, Growth only, minimum AUM ₹100 Cr, at least 1 year(s) old. Past performance. Returns for 3y/5y are annualised (CAGR) and are withheld where the NAV series does not support the period.

Index Funds — FAQs
What should I compare between two index funds on the same index?

Cost and tracking. Two funds following the same index hold the same securities, so the difference in what you receive comes from the expense ratio and from how closely the fund tracks the index — its tracking difference and tracking error.

Index fund or ETF?

An ETF trades on an exchange, needs a demat account, and its market price can differ slightly from NAV. An index fund is bought at NAV like any mutual fund and supports SIPs, usually at a marginally higher expense ratio.

Investment in securities market are subject to market risks. Read all the related documents carefully before investing. Disclaimer