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Built for Indian retail investors · NSE · BSE · Mutual Funds

Mutual Funds/Categories/Index

Best Index Mutual Funds in India

Low-cost funds tracking Nifty, Sensex and other indices. Ranked by 3-year annualised returns (Direct-Growth plans).

#FundNAV1Y3Y5YAUM (Cr)
1ICICI Prudential NASDAQ 100 Index Fund - Direct Plan - GrowthICICI Prudential Mutual Fund₹24.05+49.22%+32.09%+0.00%3,255
2UTI Nifty 500 Value 50 Index Fund - Direct Plan - Growth OptionUTI Mutual Fund₹22.87+20.21%+31.24%+0.00%722
3Motilal Oswal BSE Enhanced Value Index Fund-Direct planMotilal Oswal Mutual Fund₹28.38+14.48%+30.81%+0.00%2,102
4Motilal Oswal S&P 500 Index Fund - Direct Plan GrowthMotilal Oswal Mutual Fund₹32.34+37.88%+25.91%+18.45%4,365
5ICICI Prudential Nifty Pharma Index Fund - Direct Plan - GrowthICICI Prudential Mutual Fund₹18.76+12.37%+23.29%+0.00%113
6Axis Nifty Smallcap 50 Index Fund - Direct Plan - Growth OptionAxis Mutual Fund₹18.92+1.00%+23.20%+0.00%615
7Kotak Nifty Smallcap 50 Index Fund - Direct Plan - GrowthKotak Mahindra Mutual Fund₹20.78+0.69%+23.19%+0.00%200
8Aditya Birla Sun Life Nifty Smallcap 50 Index Fund-Direct GrowthAditya Birla Sun Life Mutual Fund₹21.78+0.88%+23.14%+13.46%312
9ICICI Prudential Nifty Auto Index Fund - Direct Plan - GrowthICICI Prudential Mutual Fund₹21.05+13.02%+22.04%+0.00%215
10Navi Nifty India Manufacturing Index Fund- Direct Plan- GrowthNavi Mutual Fund₹19.10+11.30%+21.56%+0.00%76
11Axis Nifty Midcap 50 Index Fund - Direct Plan - Growth OptionAxis Mutual Fund₹20.90+5.73%+21.38%+0.00%650
12Motilal Oswal Nifty Midcap 150 Index Fund - Direct PlanMotilal Oswal Mutual Fund₹40.32+4.09%+20.93%+17.95%3,408
13Edelweiss Nifty Midcap150 Momentum 50 Index Fund - Direct Plan - GrowthEdelweiss Mutual Fund₹18.00-0.61%+20.84%+0.00%1,586
14Edelweiss MSCI India Domestic & World Healthcare 45 Index Fund Direct Plan - GrowthEdelweiss Mutual Fund₹22.60+15.80%+20.80%+13.38%172
15Aditya Birla Sun Life Nifty Midcap 150 Index Fund-Direct GrowthAditya Birla Sun Life Mutual Fund₹25.14+3.86%+20.79%+17.86%445
16Nippon India Nifty Midcap 150 Index Fund - Direct Plan - Growth OptionNippon India Mutual Fund₹25.74+3.95%+20.68%+17.72%2,337
17SBI Nifty Midcap 150 Index Fund - Direct Plan - GrowthSBI Mutual Fund₹19.37+3.90%+20.65%+0.00%1,042
18ICICI Prudential Nifty Midcap 150 Index Fund - Direct Plan - GrowthICICI Prudential Mutual Fund₹19.88+3.95%+20.59%+0.00%1,036
19Navi Nifty Midcap 150 Index Fund Direct Plan- GrowthNavi Mutual Fund₹21.05+3.79%+20.57%+0.00%368
20Tata Nifty Midcap 150 Momentum 50 Index Fund - Growth - Direct PlanTata Mutual Fund₹18.32-0.60%+20.46%+0.00%1,123
21HDFC NIFTY Midcap 150 Index Fund - Growth Option - Direct PlanHDFC Mutual Fund₹18.99+3.83%+20.45%+0.00%584
22Edelweiss Nifty Smallcap 250 Index Fund - Direct Plan - GrowthEdelweiss Mutual Fund₹17.43-0.35%+19.44%+0.00%228
23Motilal Oswal Nifty Smallcap 250 Index Fund- Direct PlanMotilal Oswal Mutual Fund₹38.16-0.49%+19.41%+16.00%1,117
24SBI Nifty Smallcap 250 Index Fund - Direct Plan - GrowthSBI Mutual Fund₹18.58-0.63%+19.17%+0.00%1,549
25ICICI Prudential Nifty Smallcap 250 Index Fund - Direct Plan - GrowthICICI Prudential Mutual Fund₹17.49-0.61%+19.10%+0.00%677
26HDFC NIFTY Smallcap 250 Index Fund - Growth Option - Direct PlanHDFC Mutual Fund₹18.56-0.61%+19.05%+0.00%644
27Nippon India Nifty Smallcap 250 Index Fund - Direct Plan - Growth OptionNippon India Mutual Fund₹33.77-0.55%+18.93%+15.75%3,032
28Kotak Nifty Next 50 Index Fund - Direct Plan - Growth OptionKotak Mahindra Mutual Fund₹20.54+5.34%+18.86%+13.26%1,067
29UTI Nifty Next 50 Index Fund - Direct Plan - Growth OptionUTI Mutual Fund₹26.01+5.27%+18.84%+13.07%6,561
30Edelweiss Nifty Next 50 Index Fund - Direct Plan - GrowthEdelweiss Mutual Fund₹16.06+5.36%+18.82%+0.00%256

Returns are annualised for periods over 1 year. Past performance does not guarantee future returns. This is not investment advice.

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Large CapMid CapSmall CapFlexi CapLarge & Mid CapMulti CapELSS (Tax Saver)FocusedSectoral / ThematicAggressive HybridBalanced AdvantageConservative HybridMulti Asset AllocationArbitrageLiquidMoney MarketCorporate BondShort DurationGilt