Strota / Other Equity Index Funds Compared

Other Equity Index Funds Compared

Every other equity index mutual fund's 1, 3 and 5-year return, SIP return and record against the Nifty 50, ranked by a stated measure, from AMFI NAVs.

In short · Updated 30 Oct 2026

As of 30 Sep 2026, there are 97 other equity index funds with at least 3 years of NAVs. Over 5 years their direct plans returned a median 9.5% a year. The highest 5-year return was Motilal Oswal S&P 500 Index Fund at 18.2% a year.

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All other equity index funds, ranked by 5-year return

#Fund1y3y5y10y5y regular5y SIP XIRRExpense ratio (direct)
1Motilal Oswal S&P 500 Index Fund23.7%27.5%18.2%—17.6%22.8%0.64%
2Edelweiss Msci India Domestic & World Healthcare 45 Index Fund21.0%18.8%13.9%—13.2%17.1%0.55%
3Aditya Birla Sun Life Nifty Smallcap 50 Index Fund14.6%17.8%12.5%—11.8%17.4%0.57%
4DSP Nifty 50 Equal Weight Index Fund-1.4%10.1%10.2%—9.6%9.2%0.47%
5HDFC Nifty50 Equal Weight Index Fund-1.6%10.1%10.1%—9.6%9.1%0.45%
6Aditya Birla Sun Life Nifty 50 Equal Weight index Fund-1.5%10.1%10.1%—9.4%9.1%0.40%
7UTI Nifty 200 Momentum 30 Index Fund-1.0%8.9%9.0%—8.5%7.4%0.89%
8SBI Nifty Index Fund-7.3%5.8%6.1%11.0%5.8%4.4%0.23%
9Bandhan Crisil Ibx Gilt April 2028 Index Fund5.4%7.4%6.1%—5.8%6.9%0.20%
10ICICI Prudential Nifty PSU Bond Plus SDL Sep 2027 40:60 Index Fund5.9%7.5%6.1%—5.9%7.0%0.20%
11Bandhan Crisil Ibx Gilt June 2027 Index Fund5.4%7.3%6.0%—5.7%6.8%0.20%
12Nippon India Nifty 50 Value 20 Index Fund-9.9%3.8%5.7%—5.2%2.6%0.51%
—Aditya Birla Sun Life Crisil IBX SDL Jun 2032 Index Fund4.3%7.0%————0.22%
—Aditya Birla Sun Life Crisil IBX 50:50 Gilt Plus SDL Apr 2028 Index Fund5.3%7.4%————0.20%
—Aditya Birla Sun Life Crisil IBX 60:40 SDL+AAA PSU-APR 2027 Index Fund6.1%7.4%————0.21%
—Aditya Birla Sun Life Crisil IBX Gilt -Apr 2029 Index Fund4.5%7.5%————0.22%
—Aditya Birla Sun Life Crisil IBX Gilt Apr 2028 Index Fund5.0%7.0%————0.52%
—Aditya Birla Sun Life Nifty SDL Apr 2027 Index Fund5.9%7.4%————0.21%
—Aditya Birla Sun Life Nifty SDL SEP 2027 Index Fund5.8%7.5%————0.18%
—Axis Crisil IBX 50:50 Gilt Plus SDL June 2028 Index Fund5.4%7.4%————0.19%
—Axis Nifty IT Index Fund-16.2%-2.8%————0.42%
—Axis Nifty Midcap 50 Index Fund7.1%13.8%————0.29%
—Axis Nifty Smallcap 50 Index Fund14.7%17.6%————0.34%
—Bandhan Crisil Ibx 90:10 Sdl Plus Gilt - April 2032 Index Fund4.5%7.1%————0.09%
—Bandhan Crisil Ibx 90:10 Sdl Plus Gilt - Nov 2026 Index Fund5.9%7.3%————0.09%
—Bandhan Crisil Ibx 90:10 Sdl Plus Gilt - September 2027 Index Fund6.0%7.6%————0.09%
—Bandhan Crisil Ibx Gilt April 2032 Index Fund4.1%7.4%————0.20%
—Bandhan Nifty200 Momentum 30 Index Fund-1.3%8.2%————0.88%
—Bandhan Nifty100 Low Volatility 30 Index Fund-5.2%8.3%————0.45%
—Bandhan Nifty Alpha 50 Index Fund10.0%—————0.61%
—Bandhan Nifty IT Index Fund-16.4%-2.5%————0.55%
—DSP Crisil-IBX 50:50 Gilt Plus SDL - April 2033 Index Fund4.2%7.1%————0.15%
—DSP Nifty Midcap 150 Quality 50 Index Fund-2.9%7.1%————0.47%
—DSP Nifty SDL Plus G-Sec Jun 2028 30:70 Index Fund5.4%7.4%————0.16%
—DSP Nifty SDL Plus G-Sec Sep 2027 50:50 Index Fund5.7%7.4%————0.16%
—Edelweiss Crisil IBX 50:50 Gilt Plus SDL April 2037 Index Fund3.5%6.8%————0.18%
—Edelweiss Crisil IBX 50:50 Gilt Plus SDL June 2027 Index Fund5.6%7.4%————0.20%
—Edelweiss Crisil IBX 50:50 Gilt Plus SDL Sep 2028 Index Fund5.2%7.5%————0.20%
—Edelweiss Crisil IBX 50:50 Gilt Plus SDL Short Duration Index Fund4.8%7.1%————0.20%
—Edelweiss Nifty Large Midcap 250 Index Fund-0.7%10.4%————0.35%
—Edelweiss Nifty PSU Bond Plus SDL Apr 2027 50:50 Index Fund6.1%7.4%————0.25%
—Edelweiss Nifty 100 Quality 30 Index Fund-3.5%7.5%————0.60%
—Edelweiss Nifty Midcap150 Momentum 50 Index Fund3.6%12.9%————0.84%
—Groww Nifty Total Market Index Fund-1.8%—————0.65%
—HDFC BSE 500 Index Fund-2.7%8.6%————0.35%
—HDFC Nifty 100 Equal Weight Index Fund0.5%12.7%————0.54%
—HDFC Nifty SDL Plus G-Sec Jun 2027 40:60 Index Fund5.6%7.4%————0.21%
—HDFC Nifty G-Sec Apr 2029 Index Fund4.5%7.5%————0.21%
—HDFC Nifty G-Sec Dec 2026 Index Fund5.6%7.2%————0.20%
—HDFC Nifty G-Sec July 2031 Index Fund4.3%7.5%————0.16%
—HDFC Nifty G-Sec Jun 2027 Index Fund5.3%7.3%————0.20%
—HDFC Nifty G-Sec Jun 2036 Index Fund3.7%7.3%————0.20%
—HDFC Nifty G-Sec Sep 2032 Index Fund3.8%7.3%————0.19%
—ICICI Prudential Nasdaq 100 Index Fund33.0%33.7%————0.63%
—ICICI Prudential Nifty 200 Momentum 30 Index Fund-1.1%8.4%————0.78%
—ICICI Prudential Nifty Auto Index Fund-0.2%18.1%————0.35%
—ICICI Prudential Nifty G-Sec Dec 2030 Index Fund4.0%7.4%————0.20%
—ICICI Prudential Nifty IT Index Fund-16.1%-2.8%————0.40%
—ICICI Prudential Nifty Pharma Index Fund23.4%19.7%————0.51%
—ICICI Prudential Nifty SDL Dec 2028 Index Fund5.3%7.4%————0.19%
—ICICI Prudential Nifty SDL Sep 2027 Index Fund6.0%7.6%————0.18%
—ICICI Prudential Nifty50 Equal Weight Index Fund--1.5%10.0%————0.36%
—Kotak BSE Housing Index Fund-8.5%6.2%————0.31%
—Kotak Nifty 200 Momentum 30 Index Fund-1.0%8.7%————0.77%
—Kotak Nifty Financial Services Ex-Bank Index Fund0.3%12.8%————0.32%
—Kotak Nifty G-Sec July 2033 Index Fund3.9%—————0.14%
—Kotak Nifty SDL Apr 2027 Top 12 Equal Weight Index Fund6.0%7.5%————0.20%
—Kotak Nifty SDL Apr 2032 Top 12 Equal Weight Index Fund4.4%7.0%————0.20%
—Kotak Nifty SDL Jul 2033 Index Fund4.7%6.9%————0.21%
—Kotak Nifty SDL Plus AAA PSU Bond Jul 2028 60 - 40 Index Fund5.5%7.4%————0.21%
—Kotak Nifty Smallcap 50 Index Fund14.2%17.6%————0.34%
—Motilal Oswal Nifty 200 Momentum 30 Index Fund-1.4%8.5%————0.83%
—Motilal Oswal Nifty Microcap 250 Index Fund13.8%16.5%————0.57%
—Navi Nifty India Manufacturing Index Fund5.0%16.7%————0.56%
—Nippon India Nifty AAA Cpse Bond Plus SDL - Apr 2027 Maturity 60:40 Index Fund6.3%7.4%————0.15%
—Nippon India Nifty Alpha Low Volatility 30 Index Fund-2.5%8.6%————0.58%
—Nippon India Nifty G-Sec Jun 2036 Maturity Index Fund3.6%7.3%————0.20%
—Nippon India Nifty G-Sec Oct 2028 Maturity Index Fund4.7%7.4%————0.20%
—Nippon India Nifty G-Sec Sep 2027 Maturity Index Fund5.3%7.3%————0.20%
—Nippon India Nifty SDL Plus G-Sec - Jun 2028 Maturity 70:30 Index Fund5.5%7.5%————0.20%
—Nippon India Nifty SDL Plus G-Sec - Jun 2029 Maturity 70:30 Index Fund5.0%7.5%————0.20%
—PGIM India Crisil IBX Gilt Index - Apr 2028 Fund5.0%7.2%————0.46%
—SBI Crisil IBX Gilt Index - April 2029 Fund4.5%7.5%————0.21%
—SBI Crisil IBX Gilt Index - June 2036 Fund3.6%7.2%————0.28%
—SBI Crisil IBX SDL Index - September 2027 Fund5.9%7.5%————0.25%
—Sundaram Nifty 100 Equal Weight Fund (Formerly Known as Principal Nifty 100 Equal Weight Fund)0.8%12.7%————0.72%
—Tata Nifty G-Sec Dec 2026 Index Fund5.7%7.2%————0.16%
—Tata Nifty G-Sec Dec 2029 Index Fund4.4%7.5%————0.19%
—Tata Nifty Midcap 150 Momentum 50 Index Fund3.2%12.3%————0.82%
—Tata Nifty SDL Plus AAA PSU Bond Dec 2027 60 40 Index Fund5.5%7.4%————0.24%
—UTI BSE Housing Index Fund-8.5%6.2%————0.62%
—UTI BSE Low Volatility Index Fund-8.0%6.0%————0.51%
—UTI Nifty 500 Value 50 Index Fund6.1%19.4%————0.75%
—UTI Nifty Midcap 150 Quality 50 Index Fund-3.0%7.0%————0.69%
—UTI Nifty50 Equal Weight Index Fund-1.4%9.9%————0.44%
—Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index Fund-0.0%—————0.34%
—Zerodha Nifty LargeMidcap 250 Index Fund-0.1%—————0.36%

Direct plans, Growth option, to 30 Sep 2026. Funds that closed or merged are not in AMFI's current list, so the category looks a little better than investors actually did (survivorship). Returns are yearly (CAGR) from AMFI month-end NAVs of the Growth option. An index's return is measured through a low-cost index fund's direct plan, so it is a little below the index itself. Past returns do not tell you what a fund will do next, and this is not a recommendation to buy or sell any fund. Other categories: all mutual fund categories.

Key takeaways

Frequently asked questions

Which other equity index fund has given the highest returns?

Over the 5 years to 30 Sep 2026, Motilal Oswal S&P 500 Index Fund (direct plan) at 18.2% a year. Past returns do not predict future ones.

What is the average return of other equity index funds?

The median direct plan returned 9.5% a year over 5 years to 30 Sep 2026.

Check any fund against its index →

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