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:
Motilal Oswal Nifty Bank Index Fund Direct (G) is a Equity fund that has delivered a 1 Year return of 7.6%, a 3 Years return of 14.4% and a 5 Years return of 9.6%. The fund has an expense ratio of 0.3% and an AUM of ₹618 crores as of 2024-12-22. 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.
UTI Nifty Midcap 150 Quality 50 Index Fund Direct (G) is a Equity fund that has delivered a 1 Year return of 23.6%. The fund has an expense ratio of 0.5% and an AUM of ₹251 crores as of 2024-12-22. 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 Pharma Index Fund Direct (G) is a Equity fund that has delivered a 1 Year return of 39.4%. The fund has an expense ratio of 0.3% and an AUM of ₹81 crores as of 2024-12-22. 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.
DSP Nifty Midcap 150 Quality 50 Index Fund Direct (G) is a Equity fund that has delivered a 1 Year return of 23.6%. The fund has an expense ratio of 0.3% and an AUM of ₹364 crores as of 2024-12-22. 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.
Navi Nifty India Manufacturing Index Fund Direct (G) is a Equity fund that has delivered a 1 Year return of 31.1%. The fund has an expense ratio of 0.2% and an AUM of ₹52 crores as of 2024-12-22. 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.
ICICI Prudential Nifty IT Index Fund Direct (G) is a Equity fund that has delivered a 1 Year return of 27.7%. The fund has an expense ratio of 0.4% and an AUM of ₹546 crores as of 2024-12-22. 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.
Bandhan Nifty 200 Quality 30 Index Fund Direct (G) is a Equity fund. The fund has an expense ratio of % and an AUM of ₹0 crores as of 2024-12-22. It was Launched on 2024-12-04. The minimum SIP investment is ₹1000 and the minimum lump sum investment is ₹5000.
Nippon India Nifty IT Index Fund Direct (G) is a Equity fund. The fund has an expense ratio of 0.3% and an AUM of ₹149 crores as of 2024-12-22. It was Launched on 2024-02-22. The minimum SIP investment is ₹1000 and the minimum lump sum investment is ₹5000. The fund allocates 99.64% to equities, 0.01% to debt and 0.35% to other assets.
Bandhan Nifty IT Index Fund Direct (G) is a Equity fund that has delivered a 1 Year return of 28.1%. The fund has an expense ratio of 0.4% and an AUM of ₹27 crores as of 2024-12-22. 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.
Motilal Oswal Nifty India Defence Index Fund Direct (G) is a Equity fund. The fund has an expense ratio of 0.3% and an AUM of ₹2347 crores as of 2024-12-22. It was Launched on 2024-07-03. The minimum SIP investment is ₹1000 and the minimum lump sum investment is ₹5000. The fund allocates 100.07% to equities, 0.56% to debt and -0.63% 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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