Best Index Funds - Consider the best performing index mutual funds to invest in 2024 with Scripbox.com. Find the list of best index funds in India on the basis of Returns, Latest Nav, Ratings, Performance, etc.
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Below are the best index funds in india:
Edelweiss MSCI India Domestic & World Healthcare 45 Index Fund Direct (G) is a Equity fund that has delivered a 1 Year return of 31.4% and a 3 Years return of 15.2%. The fund has an expense ratio of 0.5% and an AUM of ₹157 crores as of 2024-11-29. It was Launched on 2020-10-26. The minimum SIP investment is ₹1000 and the minimum lump sum investment is ₹5000. The fund allocates 99.95% to equities, 0.06% to debt and -0.01% to other assets.
Motilal Oswal Nifty Bank Index Fund Direct (G) is a Equity fund that has delivered a 1 Year return of 19.0%, a 3 Years return of 13.5% and a 5 Years return of 10.2%. The fund has an expense ratio of 0.3% and an AUM of ₹608 crores as of 2024-11-29. It was Launched on 2019-09-06. The minimum SIP investment is ₹1000 and the minimum lump sum investment is ₹5000. The fund allocates 100.15% to equities, 0.19% to debt and -0.35% to other assets.
DSP Nifty Midcap 150 Quality 50 Index Fund Direct (G) is a Equity fund that has delivered a 1 Year return of 27.2%. The fund has an expense ratio of 0.3% and an AUM of ₹346 crores as of 2024-11-29. It was Launched on 2022-08-04. The minimum SIP investment is ₹1000 and the minimum lump sum investment is ₹5000. The fund allocates 99.98% to equities and 0.02% to other assets.
UTI Nifty Midcap 150 Quality 50 Index Fund Direct (G) is a Equity fund that has delivered a 1 Year return of 27.1%. The fund has an expense ratio of 0.5% and an AUM of ₹246 crores as of 2024-11-29. It was Launched on 2022-04-11. The minimum SIP investment is ₹1000 and the minimum lump sum investment is ₹5000. The fund allocates 99.90% to equities and 0.10% to other assets.
ICICI Prudential Nifty IT Index Fund Direct (G) is a Equity fund that has delivered a 1 Year return of 35.6%. The fund has an expense ratio of 0.4% and an AUM of ₹487 crores as of 2024-11-29. It was Launched on 2022-08-17. The minimum SIP investment is ₹1000 and the minimum lump sum investment is ₹5000. The fund allocates 99.97% to equities and 0.03% to other assets.
ICICI Prudential Nifty Pharma Index Fund Direct (G) is a Equity fund that has delivered a 1 Year return of 36.3%. The fund has an expense ratio of 0.3% and an AUM of ₹79 crores as of 2024-11-29. It was Launched on 2022-12-14. The minimum SIP investment is ₹1000 and the minimum lump sum investment is ₹5000. The fund allocates 99.91% to equities and 0.09% to other assets.
Bandhan Nifty IT Index Fund Direct (G) is a Equity fund that has delivered a 1 Year return of 37.3%. The fund has an expense ratio of 0.4% and an AUM of ₹24 crores as of 2024-11-29. It was Launched on 2023-08-31. The minimum SIP investment is ₹1000 and the minimum lump sum investment is ₹5000. The fund allocates 99.65% to equities, 0.00% to debt and 0.35% to other assets.
Navi Nifty India Manufacturing Index Fund Direct (G) is a Equity fund that has delivered a 1 Year return of 37.5%. The fund has an expense ratio of 0.2% and an AUM of ₹50 crores as of 2024-11-29. It was Launched on 2022-08-26. The minimum SIP investment is ₹1000 and the minimum lump sum investment is ₹5000. The fund allocates 100.49% to equities and -0.49% to other assets.
Bandhan Nifty Bank Index Fund Direct (G) is a Equity fund. The fund has an expense ratio of 0.2% and an AUM of ₹12 crores as of 2024-11-29. It was Launched on 2024-08-27. The minimum SIP investment is ₹1000 and the minimum lump sum investment is ₹5000. The fund allocates 96.76% to equities, 0.02% to debt and 3.22% to other assets.
HDFC NIFTY Realty Index Fund Direct (G) is a Equity fund. The fund has an expense ratio of 0.4% and an AUM of ₹110 crores as of 2024-11-29. It was Launched on 2024-03-26. The minimum SIP investment is ₹1000 and the minimum lump sum investment is ₹5000. The fund allocates 99.91% to equities and 0.09% to other assets.
The following are the factors that you should consider before investing in the best index mutual funds in India in 2024
Investing in index mutual funds in India can be done directly or through an agent. Investors can invest online through the direct method by logging on to the fund houses’ website and investing in the fund. On the other hand, they can invest through offline mode by visiting the nearest branch of the fund house. Investing through an intermediary can be done both online and offline.
There are multiple online platforms to invest in these funds, and one of them is Scripbox. Scripbox allows investors to invest the best index funds (Nifty 50 funds or BSE funds) carefully picked after thorough research using their robotic technology.
You can invest in Scripbox’s recommended best index mutual funds in India by following the below-mentioned steps:
The top 5 index mutual funds in 2024 are:
1. Motilal Oswal Nifty Bank Index Fund Direct Plan Growth
2. Navi Nifty India Manufacturing Index Fund Direct Plan Growth
3. UTI Nifty Midcap 150 Quality 50 Index Fund Direct Plan Growth
4. ICICI Prudential Nifty IT Index Fund Direct Plan Growth
5. ICICI Prudential Nifty Pharma Index Fund Direct Plan Growth
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