Table of Contents
Top 9 Others - Index Fund Funds
Index Funds refer to the Mutual Fund schemes whose Portfolio is constructed using a Market index as a base. In other words, the performance of an index fund is dependent on the performance of a particular index. These schemes are passively managed. These funds contain shares in the similar proportion as they are in a particular index.
In India, many of the schemes use Nifty or Sensex as the base to construct their portfolio. For example, if the Nifty portfolio constitutes of SBI shares whose proportion is 12% then; the Nifty Index fund will also have 12% equity shares.
They passively track the performance of a particular index. Unlike actively-managed funds, index funds are not meant to outperform the market, but mimic the performance of the index. When an investor is planning to invest in index funds, they should pay attention to the tracking error of the fund. The tracking error measures the deviation of fund return from benchmark it is tracking. It is the difference between the index fund return and its benchmark return. The lower the tracking error, the better the fund’s performance.
Some of the benefits of investing in Index Funds are:
An index is a collection of different stocks and securities. They offer diversification to the investor which is the main motive of Asset Allocation. This ensures that the investor does not have all his eggs in one basket.
Index fund has a lower operating expenses as compared to other mutual fund schemes. Here, the fund managers need not have a separate team of research analysts to carry out an in-depth research of the companies against, which a significant amount is spent. In index funds, the manager just needs to replicate the index. Therefore, the expense ratio is lower in case of index funds.
Since the fund simply follows the movement of the particular index, the manager doesn’t have to choose what stocks to invest in. This is a plus point since the manager’s own style of Investing (which may not be in sync with the market at times) does not creep in.
The weightage of a company in the Sensex or Nifty depends on its free Float market capitalization. It is a percentage of the total market capitalization of the index. So, if the market capitalization of a company is Rs 1 crore, while that of the index if Rs 200 crore, its stock has a weightage of 0.5%.
These index funds track BSE SENSEX as bechmark index & invest in 30 companies on BSE Sensex based on weightage login as discussed above. These Types of Mutual Funds are backed by ETF's (Exchange Traded Fund) traded on exchange.
These index funds track NSE NIFTY 50 as bechmark index & invest in 50 companies on Nifty 50 based on weightage login as discussed above. These types of Mutual Funds are backed by ETF's (Exchange Traded Funds) traded on exchange.
Talk to our investment specialist
These index funds track NSE NIFTY Junior 50 as bechmark index & invest in 50 companies on NSE NIFTY Junior 50 based on weightage login as discussed above. These types of mutual funds are backed by ETF's (Exchange Traded Funds) traded on exchange.
Fund NAV Net Assets (Cr) 3 MO (%) 6 MO (%) 1 YR (%) 3 YR (%) 5 YR (%) 2023 (%) Nippon India Index Fund - Sensex Plan Growth ₹40.1392
↓ -0.34 ₹757 -0.7 7.4 24.6 9.9 15.8 19.5 LIC MF Index Fund Sensex Growth ₹148.332
↓ -1.24 ₹88 -0.9 7.1 24 9.4 15.4 19 Franklin India Index Fund Nifty Plan Growth ₹193.8
↓ -1.75 ₹744 -0.7 7.7 27 10.6 16.1 20.2 SBI Nifty Index Fund Growth ₹212.2
↓ -1.92 ₹8,729 -0.8 7.8 27.1 10.8 16.3 20.7 IDBI Nifty Index Fund Growth ₹36.2111
↓ -0.02 ₹208 9.1 11.9 16.2 20.3 11.7 Nippon India Index Fund - Nifty Plan Growth ₹40.7305
↓ -0.37 ₹2,030 -0.8 7.7 27 10.5 16 20.5 ICICI Prudential Nifty Next 50 Index Fund Growth ₹61.2787
↓ -0.97 ₹7,184 -3.5 9.4 60.5 18.4 19.9 26.3 IDBI Nifty Junior Index Fund Growth ₹51.649
↓ -0.81 ₹101 -3.6 9.2 59.7 18.2 19.6 25.7 LIC MF Index Fund Nifty Growth ₹133.299
↓ -1.21 ₹340 -1 7.4 26.4 10.2 15.8 19.8 Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 25 Oct 24
*Below is the list for Index Mutual Funds having atleast 15 Crore
or more in Net Assets.
The primary investment objective of the scheme is to replicate the composition of the Sensex, with a view to generate returns that are commensurate with the performance of the Sensex, subject to tracking errors. Nippon India Index Fund - Sensex Plan is a Others - Index Fund fund was launched on 28 Sep 10. It is a fund with Moderately High risk and has given a Below is the key information for Nippon India Index Fund - Sensex Plan Returns up to 1 year are on The main investment objective of the fund is to generate returns commensurate with the performance of the index either Nifty / Sensex based on the plans by investing in the respective index stocks subject to tracking errors. LIC MF Index Fund Sensex is a Others - Index Fund fund was launched on 14 Nov 02. It is a fund with Moderately High risk and has given a Below is the key information for LIC MF Index Fund Sensex Returns up to 1 year are on The Investment Objective of the Scheme is to invest in companies whose securities are included in the Nifty and subject to tracking errors, endeavouring to attain results commensurate with the Nifty 50 under NSENifty Plan Franklin India Index Fund Nifty Plan is a Others - Index Fund fund was launched on 4 Aug 00. It is a fund with Moderately High risk and has given a Below is the key information for Franklin India Index Fund Nifty Plan Returns up to 1 year are on The scheme will adopt a passive investment strategy. The scheme will
invest in stocks comprising the Nifty 50 Index in the same proportion as in the
index with the objective of achieving returns equivalent to the Total Returns
Index of Nifty 50 Index by minimizing the performance difference between the
benchmark index and the scheme. The Total Returns Index is an index that
reflects the returns on the index from index gain/loss plus dividend payments
by the constituent stocks. SBI Nifty Index Fund is a Others - Index Fund fund was launched on 17 Jan 02. It is a fund with Moderately High risk and has given a Below is the key information for SBI Nifty Index Fund Returns up to 1 year are on The investment objective of the scheme is to invest in the stocks and equity related instruments comprising the S&P CNX Nifty Index in the same weights as these stocks represented in the Index with the intent to replicate the performance of the Total Returns Index of S&P CNX Nifty index. The scheme will adopt a passive investment strategy and will seek to achieve the investment objective by minimizing the tracking error between the S&P CNX Nifty index (Total Returns Index) and the scheme. IDBI Nifty Index Fund is a Others - Index Fund fund was launched on 25 Jun 10. It is a fund with Moderately High risk and has given a Below is the key information for IDBI Nifty Index Fund Returns up to 1 year are on The primary investment objective of the scheme is to replicate the composition of the Nifty 50, with a view to generate returns that are commensurate with the
performance of the Nifty 50, subject to tracking errors. Nippon India Index Fund - Nifty Plan is a Others - Index Fund fund was launched on 28 Sep 10. It is a fund with Moderately High risk and has given a Below is the key information for Nippon India Index Fund - Nifty Plan Returns up to 1 year are on The fund's objective is to invest in companies whose securities are included in Nifty Junior Index and to endeavor to achieve the returns of the above index as closely as possible, though subject to tracking error. The fund intends to track only 90-95% of the Index i.e. it will always keep cash balance between 5-10% of the Net Asset to meet the redemption and other liquidity requirements. However, as and when the liquidity in the Index improves the fund intends to track up to 100% of the Index. The fund will not seek to outperform the CNX Nifty Junior. The objective is that the performance of the NAV of the fund should closely track the performance of the CNX Nifty Junior over the same period subject to tracking error. ICICI Prudential Nifty Next 50 Index Fund is a Others - Index Fund fund was launched on 25 Jun 10. It is a fund with Moderately High risk and has given a Below is the key information for ICICI Prudential Nifty Next 50 Index Fund Returns up to 1 year are on The investment objective of the scheme is to invest in the stocks and equity related instruments comprising the CNX Nifty Junior Index in the same weights as these stocks represented in the Index with the intent to replicate the performance of the Total Returns Index of CNX Nifty Junior Index. The scheme will adopt a passive investment strategy and will seek to achieve the investment objective by minimizing the tracking error between the CNX Nifty Junior Index (Total Returns Index) and the scheme. IDBI Nifty Junior Index Fund is a Others - Index Fund fund was launched on 20 Sep 10. It is a fund with Moderately High risk and has given a Below is the key information for IDBI Nifty Junior Index Fund Returns up to 1 year are on The main investment objective of the fund is to generate returns commensurate with the performance of the index either Nifty / Sensex based on the plans by investing in the respective index stocks subject to tracking errors. LIC MF Index Fund Nifty is a Others - Index Fund fund was launched on 14 Nov 02. It is a fund with Moderately High risk and has given a Below is the key information for LIC MF Index Fund Nifty Returns up to 1 year are on 1. Nippon India Index Fund - Sensex Plan
CAGR/Annualized
return of 10.4% since its launch. Ranked 74 in Index Fund
category. Return for 2023 was 19.5% , 2022 was 5% and 2021 was 22.4% . Nippon India Index Fund - Sensex Plan
Growth Launch Date 28 Sep 10 NAV (25 Oct 24) ₹40.1392 ↓ -0.34 (-0.83 %) Net Assets (Cr) ₹757 on 30 Sep 24 Category Others - Index Fund AMC Nippon Life Asset Management Ltd. Rating ☆☆ Risk Moderately High Expense Ratio 0.58 Sharpe Ratio 1.77 Information Ratio -9.71 Alpha Ratio -0.57 Min Investment 5,000 Min SIP Investment 100 Exit Load 0-7 Days (0.25%),7 Days and above(NIL) Growth of 10,000 investment over the years.
Date Value 30 Sep 19 ₹10,000 30 Sep 20 ₹9,890 30 Sep 21 ₹15,421 30 Sep 22 ₹15,070 30 Sep 23 ₹17,365 30 Sep 24 ₹22,376 Returns for Nippon India Index Fund - Sensex Plan
absolute basis
& more than 1 year are on CAGR (Compound Annual Growth Rate)
basis. as on 25 Oct 24 Duration Returns 1 Month -6.8% 3 Month -0.7% 6 Month 7.4% 1 Year 24.6% 3 Year 9.9% 5 Year 15.8% 10 Year 15 Year Since launch 10.4% Historical performance (Yearly) on absolute basis
Year Returns 2023 19.5% 2022 5% 2021 22.4% 2020 16.6% 2019 14.2% 2018 6.2% 2017 27.9% 2016 2% 2015 -4.7% 2014 28.7% Fund Manager information for Nippon India Index Fund - Sensex Plan
Name Since Tenure Himanshu Mange 23 Dec 23 0.77 Yr. Data below for Nippon India Index Fund - Sensex Plan as on 30 Sep 24
Asset Allocation
Asset Class Value Cash 0.23% Equity 99.77% Top Securities Holdings / Portfolio
Name Holding Value Quantity HDFC Bank Ltd (Financial Services)
Equity, Since 31 Oct 10 | HDFCBANK13% ₹102 Cr 586,502
↓ -6,843 Reliance Industries Ltd (Energy)
Equity, Since 31 Oct 10 | RELIANCE10% ₹78 Cr 263,030
↓ -3,632 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 10 | 5321749% ₹70 Cr 547,598
↓ -6,498 Infosys Ltd (Technology)
Equity, Since 31 Oct 10 | INFY7% ₹53 Cr 280,869
↓ -3,843 ITC Ltd (Consumer Defensive)
Equity, Since 29 Feb 12 | ITC5% ₹37 Cr 719,526
↓ -8,739 Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Oct 10 | BHARTIARTL5% ₹36 Cr 208,043
↓ -2,159 Tata Consultancy Services Ltd (Technology)
Equity, Since 31 Oct 10 | TCS4% ₹34 Cr 78,768
↓ -1,090 Larsen & Toubro Ltd (Industrials)
Equity, Since 29 Feb 12 | LT4% ₹33 Cr 90,873
↓ -1,240 Axis Bank Ltd (Financial Services)
Equity, Since 31 Dec 13 | 5322154% ₹27 Cr 221,174
↓ -350 State Bank of India (Financial Services)
Equity, Since 31 Oct 10 | SBIN3% ₹24 Cr 298,382
↓ -4,126 2. LIC MF Index Fund Sensex
CAGR/Annualized
return of 13.6% since its launch. Ranked 79 in Index Fund
category. Return for 2023 was 19% , 2022 was 4.6% and 2021 was 21.9% . LIC MF Index Fund Sensex
Growth Launch Date 14 Nov 02 NAV (25 Oct 24) ₹148.332 ↓ -1.24 (-0.83 %) Net Assets (Cr) ₹88 on 30 Sep 24 Category Others - Index Fund AMC LIC Mutual Fund Asset Mgmt Co Ltd Rating ☆ Risk Moderately High Expense Ratio 0.98 Sharpe Ratio 1.72 Information Ratio 0 Alpha Ratio 0 Min Investment 5,000 Min SIP Investment 1,000 Exit Load 0-1 Months (1%),1 Months and above(NIL) Growth of 10,000 investment over the years.
Date Value 30 Sep 19 ₹10,000 30 Sep 20 ₹9,891 30 Sep 21 ₹15,314 30 Sep 22 ₹14,902 30 Sep 23 ₹17,143 30 Sep 24 ₹21,972 Returns for LIC MF Index Fund Sensex
absolute basis
& more than 1 year are on CAGR (Compound Annual Growth Rate)
basis. as on 25 Oct 24 Duration Returns 1 Month -6.8% 3 Month -0.9% 6 Month 7.1% 1 Year 24% 3 Year 9.4% 5 Year 15.4% 10 Year 15 Year Since launch 13.6% Historical performance (Yearly) on absolute basis
Year Returns 2023 19% 2022 4.6% 2021 21.9% 2020 15.9% 2019 14.6% 2018 5.6% 2017 27.4% 2016 1.6% 2015 -5.4% 2014 29.3% Fund Manager information for LIC MF Index Fund Sensex
Name Since Tenure Sumit Bhatnagar 3 Oct 23 0.99 Yr. Data below for LIC MF Index Fund Sensex as on 30 Sep 24
Asset Allocation
Asset Class Value Cash 0.33% Equity 99.67% Top Securities Holdings / Portfolio
Name Holding Value Quantity HDFC Bank Ltd (Financial Services)
Equity, Since 31 Mar 09 | HDFCBANK13% ₹12 Cr 68,383
↓ -246 Reliance Industries Ltd (Energy)
Equity, Since 31 Mar 09 | RELIANCE10% ₹9 Cr 30,576
↓ -586 ICICI Bank Ltd (Financial Services)
Equity, Since 30 Apr 09 | 5321749% ₹8 Cr 63,929
↓ -586 Infosys Ltd (Technology)
Equity, Since 31 Mar 09 | INFY7% ₹6 Cr 31,814
↓ -1,271 ITC Ltd (Consumer Defensive)
Equity, Since 30 Sep 11 | ITC5% ₹4 Cr 82,765
↓ -1,975 Bharti Airtel Ltd (Communication Services)
Equity, Since 30 Apr 09 | BHARTIARTL5% ₹4 Cr 24,553
↑ 297 Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Mar 09 | LT5% ₹4 Cr 10,800
↑ 73 Tata Consultancy Services Ltd (Technology)
Equity, Since 31 Mar 09 | TCS4% ₹4 Cr 9,006
↓ -251 Axis Bank Ltd (Financial Services)
Equity, Since 31 Dec 13 | 5322154% ₹3 Cr 25,591
↓ -192 State Bank of India (Financial Services)
Equity, Since 31 Mar 09 | SBIN3% ₹3 Cr 34,501
↓ -536 3. Franklin India Index Fund Nifty Plan
CAGR/Annualized
return of 13% since its launch. Ranked 76 in Index Fund
category. Return for 2023 was 20.2% , 2022 was 4.9% and 2021 was 24.3% . Franklin India Index Fund Nifty Plan
Growth Launch Date 4 Aug 00 NAV (25 Oct 24) ₹193.8 ↓ -1.75 (-0.89 %) Net Assets (Cr) ₹744 on 30 Sep 24 Category Others - Index Fund AMC Franklin Templeton Asst Mgmt(IND)Pvt Ltd Rating ☆ Risk Moderately High Expense Ratio 0.62 Sharpe Ratio 2.06 Information Ratio -3.83 Alpha Ratio -0.53 Min Investment 5,000 Min SIP Investment 500 Exit Load 0-30 Days (1%),30 Days and above(NIL) Growth of 10,000 investment over the years.
Date Value 30 Sep 19 ₹10,000 30 Sep 20 ₹9,782 30 Sep 21 ₹15,309 30 Sep 22 ₹14,959 30 Sep 23 ₹17,227 30 Sep 24 ₹22,748 Returns for Franklin India Index Fund Nifty Plan
absolute basis
& more than 1 year are on CAGR (Compound Annual Growth Rate)
basis. as on 25 Oct 24 Duration Returns 1 Month -7% 3 Month -0.7% 6 Month 7.7% 1 Year 27% 3 Year 10.6% 5 Year 16.1% 10 Year 15 Year Since launch 13% Historical performance (Yearly) on absolute basis
Year Returns 2023 20.2% 2022 4.9% 2021 24.3% 2020 14.7% 2019 12% 2018 3.2% 2017 28.3% 2016 3.3% 2015 -3.6% 2014 31.2% Fund Manager information for Franklin India Index Fund Nifty Plan
Name Since Tenure Sandeep Manam 18 Oct 21 2.96 Yr. Shyam Sriram 26 Sep 24 0.01 Yr. Data below for Franklin India Index Fund Nifty Plan as on 30 Sep 24
Asset Allocation
Asset Class Value Cash 0.19% Equity 99.81% Top Securities Holdings / Portfolio
Name Holding Value Quantity HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jan 03 | HDFCBANK11% ₹84 Cr 485,921
↓ -3,897 Reliance Industries Ltd (Energy)
Equity, Since 31 Jan 03 | RELIANCE9% ₹64 Cr 217,251
↓ -2,843 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Jan 10 | ICICIBANK8% ₹57 Cr 451,353
↓ -6,957 Infosys Ltd (Technology)
Equity, Since 29 Feb 12 | INFY6% ₹43 Cr 230,432
↓ -3,407 ITC Ltd (Consumer Defensive)
Equity, Since 31 Mar 11 | ITC4% ₹30 Cr 586,607 Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Mar 04 | BHARTIARTL4% ₹29 Cr 171,687
↓ -1,311 Tata Consultancy Services Ltd (Technology)
Equity, Since 28 Feb 05 | TCS4% ₹28 Cr 65,834 Larsen & Toubro Ltd (Industrials)
Equity, Since 30 Jun 12 | LT4% ₹28 Cr 75,483
↓ -610 Axis Bank Ltd (Financial Services)
Equity, Since 30 Jun 09 | 5322153% ₹22 Cr 182,394
↓ -2,613 State Bank of India (Financial Services)
Equity, Since 31 Jan 03 | SBIN3% ₹19 Cr 247,041
↓ -2,481 4. SBI Nifty Index Fund
CAGR/Annualized
return of 14.5% since its launch. Ranked 75 in Index Fund
category. Return for 2023 was 20.7% , 2022 was 5.1% and 2021 was 24.7% . SBI Nifty Index Fund
Growth Launch Date 17 Jan 02 NAV (25 Oct 24) ₹212.2 ↓ -1.92 (-0.90 %) Net Assets (Cr) ₹8,729 on 30 Sep 24 Category Others - Index Fund AMC SBI Funds Management Private Limited Rating ☆ Risk Moderately High Expense Ratio 0.5 Sharpe Ratio 2.05 Information Ratio -21.55 Alpha Ratio -0.56 Min Investment 5,000 Min SIP Investment 500 Exit Load 0-15 Days (0.2%),15 Days and above(NIL) Growth of 10,000 investment over the years.
Date Value 30 Sep 19 ₹10,000 30 Sep 20 ₹9,763 30 Sep 21 ₹15,365 30 Sep 22 ₹15,025 30 Sep 23 ₹17,348 30 Sep 24 ₹22,942 Returns for SBI Nifty Index Fund
absolute basis
& more than 1 year are on CAGR (Compound Annual Growth Rate)
basis. as on 25 Oct 24 Duration Returns 1 Month -7% 3 Month -0.8% 6 Month 7.8% 1 Year 27.1% 3 Year 10.8% 5 Year 16.3% 10 Year 15 Year Since launch 14.5% Historical performance (Yearly) on absolute basis
Year Returns 2023 20.7% 2022 5.1% 2021 24.7% 2020 14.6% 2019 12.5% 2018 3.8% 2017 29.1% 2016 3.4% 2015 -4.2% 2014 30.5% Fund Manager information for SBI Nifty Index Fund
Name Since Tenure Raviprakash Sharma 1 Feb 11 13.67 Yr. Pradeep Kesavan 1 Dec 23 0.84 Yr. Data below for SBI Nifty Index Fund as on 30 Sep 24
Asset Allocation
Asset Class Value Cash 0.12% Equity 99.88% Top Securities Holdings / Portfolio
Name Holding Value Quantity HDFC Bank Ltd (Financial Services)
Equity, Since 31 Mar 03 | HDFCBANK11% ₹988 Cr 5,706,706
↑ 2,362 Reliance Industries Ltd (Energy)
Equity, Since 31 Jan 03 | RELIANCE9% ₹753 Cr 2,551,090
↓ -10,933 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Jan 03 | ICICIBANK8% ₹675 Cr 5,300,228
↓ -28,530 Infosys Ltd (Technology)
Equity, Since 31 Jan 03 | INFY6% ₹508 Cr 2,707,615
↓ -28,023 ITC Ltd (Consumer Defensive)
Equity, Since 29 Feb 12 | ITC4% ₹363 Cr 6,998,136
↑ 1,269 Bharti Airtel Ltd (Communication Services)
Equity, Since 29 Feb 04 | BHARTIARTL4% ₹345 Cr 2,016,478
↓ -9,197 Tata Consultancy Services Ltd (Technology)
Equity, Since 28 Feb 05 | TCS4% ₹328 Cr 768,934
↑ 1,696 Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Dec 04 | LT4% ₹326 Cr 885,632
↑ 584 Axis Bank Ltd (Financial Services)
Equity, Since 28 Feb 10 | 5322153% ₹264 Cr 2,144,211
↓ -8,797 State Bank of India (Financial Services)
Equity, Since 31 Jan 03 | SBIN3% ₹228 Cr 2,894,431
↓ -11,939 5. IDBI Nifty Index Fund
CAGR/Annualized
return of 10.3% since its launch. Ranked 83 in Index Fund
category. . IDBI Nifty Index Fund
Growth Launch Date 25 Jun 10 NAV (28 Jul 23) ₹36.2111 ↓ -0.02 (-0.06 %) Net Assets (Cr) ₹208 on 30 Jun 23 Category Others - Index Fund AMC IDBI Asset Management Limited Rating ☆ Risk Moderately High Expense Ratio 0.9 Sharpe Ratio 1.04 Information Ratio -3.93 Alpha Ratio -1.03 Min Investment 5,000 Min SIP Investment 500 Exit Load NIL Growth of 10,000 investment over the years.
Date Value 30 Sep 19 ₹10,000 30 Sep 20 ₹9,778 30 Sep 21 ₹15,230 30 Sep 22 ₹14,843 Returns for IDBI Nifty Index Fund
absolute basis
& more than 1 year are on CAGR (Compound Annual Growth Rate)
basis. as on 25 Oct 24 Duration Returns 1 Month 3.7% 3 Month 9.1% 6 Month 11.9% 1 Year 16.2% 3 Year 20.3% 5 Year 11.7% 10 Year 15 Year Since launch 10.3% Historical performance (Yearly) on absolute basis
Year Returns 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 Fund Manager information for IDBI Nifty Index Fund
Name Since Tenure Data below for IDBI Nifty Index Fund as on 30 Jun 23
Asset Allocation
Asset Class Value Top Securities Holdings / Portfolio
Name Holding Value Quantity 6. Nippon India Index Fund - Nifty Plan
CAGR/Annualized
return of 10.5% since its launch. Ranked 78 in Index Fund
category. Return for 2023 was 20.5% , 2022 was 4.6% and 2021 was 24% . Nippon India Index Fund - Nifty Plan
Growth Launch Date 28 Sep 10 NAV (25 Oct 24) ₹40.7305 ↓ -0.37 (-0.90 %) Net Assets (Cr) ₹2,030 on 30 Sep 24 Category Others - Index Fund AMC Nippon Life Asset Management Ltd. Rating ☆ Risk Moderately High Expense Ratio 0.56 Sharpe Ratio 2.05 Information Ratio -11.1 Alpha Ratio -0.64 Min Investment 5,000 Min SIP Investment 100 Exit Load 0-7 Days (0.25%),7 Days and above(NIL) Growth of 10,000 investment over the years.
Date Value 30 Sep 19 ₹10,000 30 Sep 20 ₹9,754 30 Sep 21 ₹15,265 30 Sep 22 ₹14,847 30 Sep 23 ₹17,123 30 Sep 24 ₹22,617 Returns for Nippon India Index Fund - Nifty Plan
absolute basis
& more than 1 year are on CAGR (Compound Annual Growth Rate)
basis. as on 25 Oct 24 Duration Returns 1 Month -7% 3 Month -0.8% 6 Month 7.7% 1 Year 27% 3 Year 10.5% 5 Year 16% 10 Year 15 Year Since launch 10.5% Historical performance (Yearly) on absolute basis
Year Returns 2023 20.5% 2022 4.6% 2021 24% 2020 14.3% 2019 12.3% 2018 3.5% 2017 29% 2016 2.5% 2015 -3.9% 2014 31.9% Fund Manager information for Nippon India Index Fund - Nifty Plan
Name Since Tenure Himanshu Mange 23 Dec 23 0.78 Yr. Data below for Nippon India Index Fund - Nifty Plan as on 30 Sep 24
Asset Allocation
Asset Class Value Equity 100.1% Top Securities Holdings / Portfolio
Name Holding Value Quantity HDFC Bank Ltd (Financial Services)
Equity, Since 31 Oct 10 | HDFCBANK11% ₹230 Cr 1,329,930
↑ 50,269 Reliance Industries Ltd (Energy)
Equity, Since 31 Oct 10 | RELIANCE9% ₹176 Cr 594,506
↑ 19,765 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 10 | ICICIBANK8% ₹157 Cr 1,235,104
↑ 39,698 Infosys Ltd (Technology)
Equity, Since 31 Oct 10 | INFY6% ₹118 Cr 630,988
↑ 17,299 ITC Ltd (Consumer Defensive)
Equity, Since 29 Feb 12 | ITC4% ₹85 Cr 1,630,871
↑ 61,257 Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Oct 10 | BHARTIARTL4% ₹80 Cr 469,867
↑ 15,445 Tata Consultancy Services Ltd (Technology)
Equity, Since 31 Oct 10 | TCS4% ₹76 Cr 179,190
↑ 7,075 Larsen & Toubro Ltd (Industrials)
Equity, Since 29 Feb 12 | LT4% ₹76 Cr 206,395
↑ 7,851 Axis Bank Ltd (Financial Services)
Equity, Since 31 Oct 10 | 5322153% ₹62 Cr 499,693
↑ 16,707 State Bank of India (Financial Services)
Equity, Since 31 Oct 10 | SBIN3% ₹53 Cr 674,520
↑ 22,531 7. ICICI Prudential Nifty Next 50 Index Fund
CAGR/Annualized
return of 13.5% since its launch. Ranked 5 in Index Fund
category. Return for 2023 was 26.3% , 2022 was 0.1% and 2021 was 29.5% . ICICI Prudential Nifty Next 50 Index Fund
Growth Launch Date 25 Jun 10 NAV (25 Oct 24) ₹61.2787 ↓ -0.97 (-1.56 %) Net Assets (Cr) ₹7,184 on 30 Sep 24 Category Others - Index Fund AMC ICICI Prudential Asset Management Company Limited Rating ☆☆☆☆☆ Risk Moderately High Expense Ratio 0.7 Sharpe Ratio 3.86 Information Ratio -11.66 Alpha Ratio -0.72 Min Investment 5,000 Min SIP Investment 100 Exit Load 0-7 Days (0.25%),7 Days and above(NIL) Growth of 10,000 investment over the years.
Date Value 30 Sep 19 ₹10,000 30 Sep 20 ₹9,776 30 Sep 21 ₹15,251 30 Sep 22 ₹15,308 30 Sep 23 ₹16,242 30 Sep 24 ₹27,787 Returns for ICICI Prudential Nifty Next 50 Index Fund
absolute basis
& more than 1 year are on CAGR (Compound Annual Growth Rate)
basis. as on 25 Oct 24 Duration Returns 1 Month -9% 3 Month -3.5% 6 Month 9.4% 1 Year 60.5% 3 Year 18.4% 5 Year 19.9% 10 Year 15 Year Since launch 13.5% Historical performance (Yearly) on absolute basis
Year Returns 2023 26.3% 2022 0.1% 2021 29.5% 2020 14.3% 2019 0.6% 2018 -8.8% 2017 45.7% 2016 7.6% 2015 6.2% 2014 43.6% Fund Manager information for ICICI Prudential Nifty Next 50 Index Fund
Name Since Tenure Nishit Patel 18 Jan 21 3.7 Yr. Priya Sridhar 1 Feb 24 0.67 Yr. Ajaykumar Solanki 1 Feb 24 0.67 Yr. Data below for ICICI Prudential Nifty Next 50 Index Fund as on 30 Sep 24
Asset Allocation
Asset Class Value Cash 0.06% Equity 99.94% Top Securities Holdings / Portfolio
Name Holding Value Quantity Vedanta Ltd (Basic Materials)
Equity, Since 31 Mar 21 | 5002954% ₹304 Cr 5,924,445
↑ 915,742 Hindustan Aeronautics Ltd Ordinary Shares (Industrials)
Equity, Since 30 Sep 22 | HAL4% ₹293 Cr 663,842
↑ 106,048 InterGlobe Aviation Ltd (Industrials)
Equity, Since 30 Sep 16 | INDIGO4% ₹289 Cr 604,284
↑ 109,896 Tata Power Co Ltd (Utilities)
Equity, Since 31 Aug 22 | 5004004% ₹285 Cr 5,900,270
↑ 855,631 Power Finance Corp Ltd (Financial Services)
Equity, Since 31 Mar 24 | 5328103% ₹248 Cr 5,082,124
↑ 756,816 REC Ltd (Financial Services)
Equity, Since 31 Mar 24 | 5329553% ₹242 Cr 4,359,678
↑ 673,106 Divi's Laboratories Ltd (Healthcare)
Equity, Since 30 Sep 24 | DIVISLAB3% ₹242 Cr 443,690
↑ 443,690 Indian Oil Corp Ltd (Energy)
Equity, Since 31 Mar 22 | IOC3% ₹236 Cr 13,093,895
↑ 2,157,270 Cholamandalam Investment and Finance Co Ltd (Financial Services)
Equity, Since 30 Sep 21 | CHOLAFIN3% ₹234 Cr 1,456,739
↑ 205,583 TVS Motor Co Ltd (Consumer Cyclical)
Equity, Since 30 Sep 23 | 5323433% ₹233 Cr 820,992
↑ 127,558 8. IDBI Nifty Junior Index Fund
CAGR/Annualized
return of 12.4% since its launch. Ranked 8 in Index Fund
category. Return for 2023 was 25.7% , 2022 was 0.4% and 2021 was 29.6% . IDBI Nifty Junior Index Fund
Growth Launch Date 20 Sep 10 NAV (25 Oct 24) ₹51.649 ↓ -0.81 (-1.54 %) Net Assets (Cr) ₹101 on 30 Sep 24 Category Others - Index Fund AMC IDBI Asset Management Limited Rating ☆☆☆☆☆ Risk Moderately High Expense Ratio 0.87 Sharpe Ratio 3.82 Information Ratio -7.45 Alpha Ratio -1.2 Min Investment 5,000 Min SIP Investment 500 Exit Load NIL Growth of 10,000 investment over the years.
Date Value 30 Sep 19 ₹10,000 30 Sep 20 ₹9,739 30 Sep 21 ₹15,174 30 Sep 22 ₹15,275 30 Sep 23 ₹16,147 30 Sep 24 ₹27,470 Returns for IDBI Nifty Junior Index Fund
absolute basis
& more than 1 year are on CAGR (Compound Annual Growth Rate)
basis. as on 25 Oct 24 Duration Returns 1 Month -8.9% 3 Month -3.6% 6 Month 9.2% 1 Year 59.7% 3 Year 18.2% 5 Year 19.6% 10 Year 15 Year Since launch 12.4% Historical performance (Yearly) on absolute basis
Year Returns 2023 25.7% 2022 0.4% 2021 29.6% 2020 13.7% 2019 0.5% 2018 -9.3% 2017 43.6% 2016 6.9% 2015 5.8% 2014 42.8% Fund Manager information for IDBI Nifty Junior Index Fund
Name Since Tenure Sumit Bhatnagar 3 Oct 23 1 Yr. Data below for IDBI Nifty Junior Index Fund as on 30 Sep 24
Asset Allocation
Asset Class Value Cash 0.93% Equity 99.07% Top Securities Holdings / Portfolio
Name Holding Value Quantity Vedanta Ltd (Basic Materials)
Equity, Since 31 Mar 21 | 5002954% ₹4 Cr 80,564
↑ 8,322 Hindustan Aeronautics Ltd Ordinary Shares (Industrials)
Equity, Since 30 Sep 22 | HAL4% ₹4 Cr 9,091
↑ 1,104 InterGlobe Aviation Ltd (Industrials)
Equity, Since 30 Sep 16 | INDIGO4% ₹4 Cr 8,381
↑ 1,252 Tata Power Co Ltd (Utilities)
Equity, Since 31 Aug 22 | 5004004% ₹4 Cr 83,033
↑ 10,703 Divi's Laboratories Ltd (Healthcare)
Equity, Since 30 Sep 24 | DIVISLAB3% ₹3 Cr 6,370
↑ 6,370 Power Finance Corp Ltd (Financial Services)
Equity, Since 31 Mar 24 | 5328103% ₹3 Cr 71,033
↑ 8,650 REC Ltd (Financial Services)
Equity, Since 31 Mar 24 | 5329553% ₹3 Cr 61,041
↑ 7,844 TVS Motor Co Ltd (Consumer Cyclical)
Equity, Since 30 Sep 23 | 5323433% ₹3 Cr 11,567
↑ 1,630 Indian Oil Corp Ltd (Energy)
Equity, Since 31 Mar 22 | IOC3% ₹3 Cr 181,180
↑ 23,940 Cholamandalam Investment and Finance Co Ltd (Financial Services)
Equity, Since 30 Sep 21 | CHOLAFIN3% ₹3 Cr 20,175
↑ 2,225 9. LIC MF Index Fund Nifty
CAGR/Annualized
return of 13% since its launch. Ranked 80 in Index Fund
category. Return for 2023 was 19.8% , 2022 was 4.7% and 2021 was 23.8% . LIC MF Index Fund Nifty
Growth Launch Date 14 Nov 02 NAV (25 Oct 24) ₹133.299 ↓ -1.21 (-0.90 %) Net Assets (Cr) ₹340 on 30 Sep 24 Category Others - Index Fund AMC LIC Mutual Fund Asset Mgmt Co Ltd Rating ☆ Risk Moderately High Expense Ratio 0.95 Sharpe Ratio 2.01 Information Ratio -10.68 Alpha Ratio -1.04 Min Investment 5,000 Min SIP Investment 1,000 Exit Load 0-1 Months (1%),1 Months and above(NIL) Growth of 10,000 investment over the years.
Date Value 30 Sep 19 ₹10,000 30 Sep 20 ₹9,806 30 Sep 21 ₹15,308 30 Sep 22 ₹14,898 30 Sep 23 ₹17,099 30 Sep 24 ₹22,490 Returns for LIC MF Index Fund Nifty
absolute basis
& more than 1 year are on CAGR (Compound Annual Growth Rate)
basis. as on 25 Oct 24 Duration Returns 1 Month -7.1% 3 Month -1% 6 Month 7.4% 1 Year 26.4% 3 Year 10.2% 5 Year 15.8% 10 Year 15 Year Since launch 13% Historical performance (Yearly) on absolute basis
Year Returns 2023 19.8% 2022 4.7% 2021 23.8% 2020 14.7% 2019 12.6% 2018 2.6% 2017 28.6% 2016 2.7% 2015 -4.1% 2014 31.1% Fund Manager information for LIC MF Index Fund Nifty
Name Since Tenure Sumit Bhatnagar 3 Oct 23 0.99 Yr. Data below for LIC MF Index Fund Nifty as on 30 Sep 24
Asset Allocation
Asset Class Value Cash 0.28% Equity 99.72% Top Securities Holdings / Portfolio
Name Holding Value Quantity HDFC Bank Ltd (Financial Services)
Equity, Since 30 Apr 09 | HDFCBANK11% ₹38 Cr 221,769
↓ -2,623 Reliance Industries Ltd (Energy)
Equity, Since 31 Mar 12 | RELIANCE9% ₹29 Cr 99,712
↓ -861 ICICI Bank Ltd (Financial Services)
Equity, Since 30 Apr 09 | ICICIBANK8% ₹26 Cr 206,734
↓ -2,313 Infosys Ltd (Technology)
Equity, Since 31 Jan 03 | INFY6% ₹20 Cr 105,348
↓ -1,933 ITC Ltd (Consumer Defensive)
Equity, Since 31 Jan 03 | ITC4% ₹14 Cr 272,817
↓ -330 Bharti Airtel Ltd (Communication Services)
Equity, Since 30 Apr 09 | BHARTIARTL4% ₹13 Cr 78,617
↓ -532 Tata Consultancy Services Ltd (Technology)
Equity, Since 31 Mar 05 | TCS4% ₹13 Cr 30,145
↑ 72 Larsen & Toubro Ltd (Industrials)
Equity, Since 30 Apr 09 | LT4% ₹13 Cr 34,469
↓ -185 Axis Bank Ltd (Financial Services)
Equity, Since 31 Mar 09 | 5322153% ₹10 Cr 83,378
↓ -799 State Bank of India (Financial Services)
Equity, Since 30 Apr 09 | SBIN3% ₹9 Cr 112,460
↓ -1,597
The Association of Mutual Funds in India (AMFI) stated that index funds had gathered an AUM of Rs. 7717 crore
on November 2019. Passive large-cap ETFs offer returns of 11.53% compared to actively managed Large cap funds that offered 10.19%.
gold ETFs stood at Rs. 5,540.40 crore
as of November 2019. This comes in comparison to Rs. 4,571 crore in December 2018. The AUM of other ETFs
stood at Rs. 1,63,923.66 crore, as compared to Rs. 1,07,363 crore at the end of 2018.
A large part of 2019 witnessed that large-cap schemes were at the top of return charts. Even in 2020, nine out of the top 15 large-cap schemes are Passive Funds.
With the current situation across the globe, the financial markets are facing issues of deep concern. While investors were willing to take a risk in the past, today’s conditions have pushed the majority of the investors to look for a Safe Haven. This means they are looking for an investment that will yield higher returns or at least stable returns.
Several investors are now looking to invest through passive modes such as exchange-traded funds or index funds. As per AMFI, Inflow into the index funds faced an all-time high of Rs. 2076.5 crore
in March 2020.
There are specific differences in the way they function and affect the investor.
The tabular differentiates between passive funds and active funds:
Passive Funds | Active Funds |
---|---|
They do not have active participation of fund managers | Fund managers do a lot of Industry research and take steps accordingly to select funds in various securities based on market performance |
Less expensive | As there is a work put in towards the investment, it may be expensive |
Popular because of the low expense ratio | Might be less popular due to high expense ratio |
One major disadvantage is the lack of flexibility. Since the funds just track the index, they can miss out on the opportunity to make higher returns which may arise due to market anomalies and surprises that are not connected to the index. Typically, value stocks would find it very difficult to be part of an index.
They have a direct relation with the market. So, when the stock markets fall as a whole, so does the value of the index mutual fund.
Despite having a few disadvantages, top index funds can be beneficial for investors who want to invest in equities with a minimal risk Factor. As per experts, investors are suggested to include 5-6% of Index Funds in their investment portfolio to make best out of their investment.
Open Free Investment Account for Lifetime at Fincash.com.
Complete your Registration and KYC Process
Upload Documents (PAN, Aadhaar, etc.). And, You are Ready to Invest!
A: If you want to make a long-term investment, then you can consider index fund. The portfolios of these funds are designed by tracking the composition and behavior of the NSE and SENSEX. As these portfolios are developed by evaluating the stocks' performance and shares over a long period, the chances of your investment not performing are minimized. Hence, investing in Index mutual funds is advised, especially if you are looking to reduce the risk.
A: You should select an individual portfolio of Index mutual funds based on its long term performance. Some of the more reliable funds are SBI, LICI, ICICI Prudential UTI, and other similar index funds used as a base for benchmarking.
A: The index funds are passively managed. Thus, the total expense ratio or TER of the index funds is lower than that of the actively managed funds. This means your investment will be lower, and the expense that you can expect can be as low as 0.2% to 0.5%
of your investment. The low TER is the main advantage of investing in an Index Fund.
A: The SBI Nifty Index Fund is passively managed and shows a growth rate of 15.19%
versus Nifty 50, which has a growth rate of 15.5%
. So if you make a 10-year investment in the SBI Nifty Index Fund, you might expect an 85.77%
return on your investment.
A: The ICICI Prudential Nifty Index Fund has a category average of 16.78%
. Suppose, if you invest for 5 years, then you can expect absolute returns of 45.88%
.
A: Index funds primarily consist of top companies whose stocks are used as benchmarks. Additionally, in a single portfolio, you will have multiple leading companies, which means the chances of losing your investment will be reduced. This auto diversification automatically reduces the investor's risk of losing the investment.
A: You should invest in Index Funds when you are prepared to hold your investment for at least 5 years.
A: If you are a newbie then you should discuss it with the fund manager. They help you to decide on the suitable funds. Additionally, you should also consider the time duration of investment.
A: Individuals who do not wish to undertake much risk when investing in Mutual Funds can consider investing in index funds. These funds do not just assure investors sure returns, but also do not require extensive investment from the investor.
You Might Also Like
Quite detailed review which helps in deciding which is a better performing index fund