Top 3 Best Performing Sensex Index Mutual Funds 2024 | Fincash.com

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Best Sensex Index Mutual Funds for Investments 2024 - 2025

Updated on December 18, 2024 , 62837 views

Index Funds refer to the Mutual Fund schemes whose Portfolio comprises of shares that form part for a certain benchmark Market index. These funds follow a passive strategy wherein; they try to replicate the performance of an index. The portfolio of these schemes will have shares in the same proportion as they are in the benchmark index. The performance of these schemes depends on the performance of the respective benchmark. Sensex Index Mutual Funds refer to the index funds that use BSE Sensex as the benchmark to construct their portfolio. As you can't invest directly in the indices, people try to these proxies of index. Let's understand the concept of index funds.

Illustration:

If the proportion of ONGC Limited shares in a Sensex is 15% then, even the Sensex index fund's portfolio will allocate 15% of its fund money in ONGC shares.

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Top 3 Best Performing Sensex Index Funds 2024

Fund	NAV	Net Assets (Cr)	3 MO (%)	6 MO (%)	1 YR (%)	3 YR (%)	5 YR (%)	2023 (%)
LIC MF Index Fund Sensex Growth	₹145.76 ↓ -2.21	₹84	-7.8	0.7	10.8	12	13.5	19
Nippon India Index Fund - Sensex Plan Growth	₹39.4785 ↓ -0.60	₹766	-7.6	1	11.4	12.5	14	19.5
LIC MF Index Fund Nifty Growth	₹130.006 ↓ -2.01	₹319	-8.6	0	11.6	12.5	13.9	19.8
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 20 Dec 24

1. LIC MF Index Fund Sensex

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 CAGR/Annualized return of 13.4% since its launch. Ranked 79 in Index Fund category. Return for 2023 was 19% , 2022 was 4.6% and 2021 was 21.9% .

Below is the key information for LIC MF Index Fund Sensex

LIC MF Index Fund Sensex Growth
Launch Date	14 Nov 02
NAV (20 Dec 24)	₹145.76 ↓ -2.21 (-1.49 %)
Net Assets (Cr)	₹84 on 30 Nov 24
Category	Others - Index Fund
AMC	LIC Mutual Fund Asset Mgmt Co Ltd
Rating	☆
Risk	Moderately High
Expense Ratio	0.98
Sharpe Ratio	0.95
Information Ratio	-8.32
Alpha Ratio	-1.12
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 Nov 19	₹10,000
30 Nov 20	₹10,848
30 Nov 21	₹13,997
30 Nov 22	₹15,494
30 Nov 23	₹16,518
30 Nov 24	₹19,692

LIC MF Index Fund Sensex SIP Returns

Total investment amount is ₹300,000
expected amount after 5 Years is ₹426,080.
Net Profit of ₹126,080 Invest Now

Returns for LIC MF Index Fund Sensex

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 20 Dec 24

Duration	Returns
1 Month	0.5%
3 Month	-7.8%
6 Month	0.7%
1 Year	10.8%
3 Year	12%
5 Year	13.5%
10 Year
15 Year
Since launch	13.4%

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	1.16 Yr.

Data below for LIC MF Index Fund Sensex as on 30 Nov 24

Asset Allocation

Asset Class	Value
Cash	0.29%
Equity	99.71%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
HDFC Bank Ltd (Financial Services) Equity, Since 31 Mar 09 \| 500180	15%	₹12 Cr	68,663 ↑ 312
ICICI Bank Ltd (Financial Services) Equity, Since 30 Apr 09 \| 532174	10%	₹8 Cr	64,072 ↑ 371
Reliance Industries Ltd (Energy) Equity, Since 31 Mar 09 \| 500325	9%	₹8 Cr	61,615 ↑ 507
Infosys Ltd (Technology) Equity, Since 31 Mar 09 \| 500209	7%	₹6 Cr	32,929 ↑ 360
ITC Ltd (Consumer Defensive) Equity, Since 30 Sep 11 \| 500875	5%	₹4 Cr	84,067
Bharti Airtel Ltd (Communication Services) Equity, Since 30 Apr 09 \| 532454	5%	₹4 Cr	24,376 ↑ 200
Larsen & Toubro Ltd (Industrials) Equity, Since 31 Mar 09 \| 500510	5%	₹4 Cr	10,645 ↑ 50
Tata Consultancy Services Ltd (Technology) Equity, Since 31 Mar 09 \| 532540	5%	₹4 Cr	9,211 ↑ 30
Axis Bank Ltd (Financial Services) Equity, Since 31 Dec 13 \| 532215	4%	₹3 Cr	25,925 ↑ 411
State Bank of India (Financial Services) Equity, Since 31 Mar 09 \| 500112	3%	₹3 Cr	34,931 ↑ 441

2. Nippon India Index Fund - Sensex Plan

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 CAGR/Annualized return of 10.1% since its launch. Ranked 74 in Index Fund category. Return for 2023 was 19.5% , 2022 was 5% and 2021 was 22.4% .

Below is the key information for Nippon India Index Fund - Sensex Plan

Nippon India Index Fund - Sensex Plan Growth
Launch Date	28 Sep 10
NAV (20 Dec 24)	₹39.4785 ↓ -0.60 (-1.49 %)
Net Assets (Cr)	₹766 on 30 Nov 24
Category	Others - Index Fund
AMC	Nippon Life Asset Management Ltd.
Rating	☆☆
Risk	Moderately High
Expense Ratio	0.58
Sharpe Ratio	1
Information Ratio	-9.72
Alpha Ratio	-0.55
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 Nov 19	₹10,000
30 Nov 20	₹10,892
30 Nov 21	₹14,133
30 Nov 22	₹15,717
30 Nov 23	₹16,784
30 Nov 24	₹20,121

Nippon India Index Fund - Sensex Plan SIP Returns

Total investment amount is ₹300,000
expected amount after 5 Years is ₹436,710.
Net Profit of ₹136,710 Invest Now

Returns for Nippon India Index Fund - Sensex Plan

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 20 Dec 24

Duration	Returns
1 Month	0.5%
3 Month	-7.6%
6 Month	1%
1 Year	11.4%
3 Year	12.5%
5 Year	14%
10 Year
15 Year
Since launch	10.1%

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	0.94 Yr.

Data below for Nippon India Index Fund - Sensex Plan as on 30 Nov 24

Asset Allocation

Asset Class	Value
Cash	0.08%
Equity	99.92%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
HDFC Bank Ltd (Financial Services) Equity, Since 31 Oct 10 \| 500180	15%	₹113 Cr	627,950 ↑ 12,930
ICICI Bank Ltd (Financial Services) Equity, Since 31 Oct 10 \| 532174	10%	₹76 Cr	586,298 ↑ 12,073
Reliance Industries Ltd (Energy) Equity, Since 31 Oct 10 \| 500325	9%	₹73 Cr	563,236 ↑ 11,598
Infosys Ltd (Technology) Equity, Since 31 Oct 10 \| 500209	7%	₹56 Cr	300,718 ↑ 6,192
ITC Ltd (Consumer Defensive) Equity, Since 29 Feb 12 \| 500875	5%	₹37 Cr	770,376 ↑ 15,863
Larsen & Toubro Ltd (Industrials) Equity, Since 29 Feb 12 \| 500510	5%	₹36 Cr	97,295 ↑ 2,003
Bharti Airtel Ltd (Communication Services) Equity, Since 31 Oct 10 \| 532454	5%	₹36 Cr	222,745 ↑ 4,586
Tata Consultancy Services Ltd (Technology) Equity, Since 31 Oct 10 \| 532540	5%	₹36 Cr	84,335 ↑ 1,737
Axis Bank Ltd (Financial Services) Equity, Since 31 Dec 13 \| 532215	4%	₹27 Cr	236,804 ↑ 4,876
State Bank of India (Financial Services) Equity, Since 31 Oct 10 \| 500112	3%	₹27 Cr	319,469 ↑ 6,579

3. LIC MF Index Fund Nifty

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 CAGR/Annualized return of 12.8% since its launch. Ranked 80 in Index Fund category. Return for 2023 was 19.8% , 2022 was 4.7% and 2021 was 23.8% .

Below is the key information for LIC MF Index Fund Nifty

LIC MF Index Fund Nifty Growth
Launch Date	14 Nov 02
NAV (20 Dec 24)	₹130.006 ↓ -2.01 (-1.52 %)
Net Assets (Cr)	₹319 on 30 Nov 24
Category	Others - Index Fund
AMC	LIC Mutual Fund Asset Mgmt Co Ltd
Rating	☆
Risk	Moderately High
Expense Ratio	0.95
Sharpe Ratio	0.99
Information Ratio	-10.84
Alpha Ratio	-1.13
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 Nov 19	₹10,000
30 Nov 20	₹10,743
30 Nov 21	₹14,027
30 Nov 22	₹15,545
30 Nov 23	₹16,658
30 Nov 24	₹19,974

LIC MF Index Fund Nifty SIP Returns

Total investment amount is ₹300,000
expected amount after 5 Years is ₹426,080.
Net Profit of ₹126,080 Invest Now

Returns for LIC MF Index Fund Nifty

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 20 Dec 24

Duration	Returns
1 Month	0.2%
3 Month	-8.6%
6 Month	0%
1 Year	11.6%
3 Year	12.5%
5 Year	13.9%
10 Year
15 Year
Since launch	12.8%

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	1.16 Yr.

Data below for LIC MF Index Fund Nifty as on 30 Nov 24

Asset Allocation

Asset Class	Value
Cash	0.31%
Equity	99.69%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
HDFC Bank Ltd (Financial Services) Equity, Since 30 Apr 09 \| HDFCBANK	13%	₹40 Cr	223,285 ↑ 1,627
ICICI Bank Ltd (Financial Services) Equity, Since 30 Apr 09 \| ICICIBANK	8%	₹27 Cr	207,090 ↑ 2,742
Reliance Industries Ltd (Energy) Equity, Since 31 Mar 12 \| RELIANCE	8%	₹26 Cr	199,526 ↓ -822
Infosys Ltd (Technology) Equity, Since 31 Jan 03 \| INFY	6%	₹20 Cr	105,812 ↑ 615
ITC Ltd (Consumer Defensive) Equity, Since 31 Jan 03 \| ITC	4%	₹13 Cr	273,499
Larsen & Toubro Ltd (Industrials) Equity, Since 30 Apr 09 \| LT	4%	₹13 Cr	34,661
Tata Consultancy Services Ltd (Technology) Equity, Since 31 Mar 05 \| TCS	4%	₹13 Cr	30,059 ↑ 217
Bharti Airtel Ltd (Communication Services) Equity, Since 30 Apr 09 \| BHARTIARTL	4%	₹13 Cr	78,896 ↑ 371
Axis Bank Ltd (Financial Services) Equity, Since 31 Mar 09 \| AXISBANK	3%	₹10 Cr	83,791 ↑ 451
State Bank of India (Financial Services) Equity, Since 30 Apr 09 \| SBIN	3%	₹10 Cr	113,273 ↑ 1,595

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Disclaimer:
All efforts have been made to ensure the information provided here is accurate. However, no guarantees are made regarding correctness of data. Please verify with scheme information document before making any investment.