I wrote about the IDBI Nifty Index Fund yesterday and thought I should start making a list of all Index mutual funds in India. I started with Index mutual funds tracking the Nifty simply because that is where I left yesterday. So, here is a list of all the Nifty Index Mutual Funds that I could find.
I have taken all the numbers from Value Research, and that link will also you the entire list of all index funds in India along with their launch date, rating, risk grade and other cool stuff.
Notice that all funds trail Nifty itself because they have to incur costs, and keep some cash in reserves for redemptions and such.
| Index Fund | 1 Year Returns | Expense Ratio |
| Quantum Index | 40.45 | 0.75 |
| Franklin India NSE Nifty | 40.42 | 1 |
| ICICI Pru Index Fund Retail | 39.93 | 1.5 |
| Magnum Index | 39.92 | 1.5 |
| Nifty Benchmark ETS | 39.82 | 0.5 |
| Canara Robeco Nifty Index | 39.7 | 1 |
| Tata Index Nifty A | 39.7 | 1.5 |
| UTI Nifty Index | 39.64 | 1.5 |
| Principal Index | 39.53 | 0.79 |
| Birla Sun Life Index | 39.52 | 1.5 |
| HDFC Index Nifty | 37.27 | 1 |
| LIC MF Index Nifty | 36.23 | 1.23 |
| IDFC Nifty | – | – |
| Kotak Nifty ETF | – | 0.5 |
| IDBI Nifty Index Fund | – | 1.5 |
| Nifty | 42.93 |
Index Fund   1 Year Returns   Expense Ratio
Quantum Index   40.45   0.75
Franklin India NSE Nifty   40.42   1
ICICI Pru Index Fund Retail   39.93   1.5
Magnum Index   39.92   1.5
Nifty Benchmark ETSÂ Â Â 39.82Â Â Â 0.5
Canara Robeco Nifty Index   39.7   1
Tata Index Nifty AÂ Â Â 39.7Â Â Â 1.5
UTI Nifty Index   39.64   1.5
Principal Index   39.53   0.79
Birla Sun Life Index   39.52   1.5
HDFC Index Nifty   37.27   1
LIC MF Index Nifty   36.23   1.23
IDFC Nifty   -   –
Kotak Nifty ETFÂ Â Â -Â Â Â 0.5
IDBI Nifty Index Fund   -   1.5
Nifty      42.93
Quantum Index   40.45   0.75
Franklin India NSE Nifty   40.42   1
ICICI Pru Index Fund Retail   39.93   1.5
Magnum Index   39.92   1.5
Nifty Benchmark ETSÂ Â Â 39.82Â Â Â 0.5
Canara Robeco Nifty Index   39.7   1
Tata Index Nifty AÂ Â Â 39.7Â Â Â 1.5
UTI Nifty Index   39.64   1.5
Principal Index   39.53   0.79
Birla Sun Life Index   39.52   1.5
HDFC Index Nifty   37.27   1
LIC MF Index Nifty   36.23   1.23
IDFC Nifty   -   –
Kotak Nifty ETFÂ Â Â -Â Â Â 0.5
IDBI Nifty Index Fund   -   1.5
Nifty      42.93
Nifty BUY trend continues, 8336 on the cards
Stock Market Today by Shailesh Saraf – 31st May 2016
Indian Market Outlook:
FII continued their buying spree across all segments in the Indian markets after buying worth Rs.15747 Cr in Index Options, worth Rs.8474 Cr in Index Futures and worth Rs.1095 Cr in the cash segment in last 5 days.
Nifty the Indian benchmark index saw consolidation at 8200 levels after 7720 the low made on Tuesday 24th, the rally of more than 500 points in four trading sessions with the breakout of critical level of 8000 and the huge buying of FII and PRO buy in future and options which suggests that 8336 are in the cards to come.
International Market Outlook
The Asian markets continue their rally after trading in green today as well. The US markets were closed yesterday for Memorial Day, has also given a breakout of 2100 levels in future index. Non-farm payroll data which is one of the major data events is on Friday which would bring in further stimulus for the FED rate hike scheduled for the June 15 meeting. Traders would also keenly watch the developments around the BREXIT which is scheduled for the 23rd June. FII Index Future Open Interest for the Week FII Options Open Interest for the Week.
https://www.dynamiclevels.com/en/shailesh-saraf-stock-market-today-310516
in and ndex fund i can do an sip of 5k pm and get the exact number of shares (i.e. if i invest 5k when nifty is at 5300 i will get 9.4339 shares but with etf i can buy only 9 units). what effect will this have on the investment.
I would imagine that the change that’s left every month from the ETF purchase will be equal to one unit every few months and in the long run it shouldn’t matter at all. Anyone else thinks differently?
The expense ratio of Quantum Index fund is 0.5% according to http://www.quantumamc.com/SchemesNAV/index_fund.aspx .
Request you to to update the same. Also, which index fund should one invest in?
Thanks – the updated rate does show in my recent post and I’ll choose the GS Nifty BeeS for high volume and low costs – again discussed in the new post.
http://www.onemint.com/2011/10/11/comprehensive-list-of-nifty-index-funds-and-etfs/
I kind of disagree with the comment on the 10-year period being construed ‘long’. This period is the beginning of the ‘golden growth’ era in India and we have had ‘few’ funds beat the index. Not as many did so in the 2007-2009 period.
One should really have Index fund as a reasonable part of their portfolio, averaging up and down with the market that will produce even superior returns. This must be supplemented with the other funds that ‘beat’ the market few times in the past decade (If I have to borrow the CML theory) . Such a portfolio will possibly beat several of us in the street!
I think there’s a very interesting contradiction in this observation. On one hand, index funds are favored, which means that a professional can’t beat the market, but on the other hand it is suggested that index funds be averaged up and down to produce “superior” returns.
Effectively, fund managers can’t beat the market, but an individual using a combination of index funds, and timing the market can beat the market 🙂
Dear Manshu,
I would feel in a long term a index fund is far lower risk than a large cap mutual fund. look for a fund with low expenses and get locked for a long term….I am sure that this would give better returns…COMMENT
This is true in the US, but if you look at the Indian space there are a large number of mutual funds that have beaten the index over longer periods like ten years or so.
Why this happens or if an investor can find a MF that can beat a fund for longer durations like 30 or 40 years I don’t know, but looking at the way things are right now – I’d say get exposure to an old fund with low expenses that has beaten the index along with a low cost index fund.
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This is a very useful post. Kind of one stop.
Thanks for compiling this information.