Nifty 50 Index Funds Compared
Every Nifty 50 index fund's 1, 3 and 5-year return against the Nifty 50 Total Return Index, from AMFI's NAVs. The gap is what the fund cost you.
Over the 3 years to Sep 2026, the Nifty 50 TRI returned 6.1% a year. The 16 Nifty 50 index funds' direct plans with 3 years of NAVs trailed it by 0.18% to 0.99% a year; the smaller the gap, the less the fund cost you.
Every Nifty 50 index fund owns the same 50 shares in the same proportions, so they should all earn the index's return. What separates them is how much each one loses on the way: its expense ratio, cash it holds and trading costs. That loss is the tracking difference, and it is the one number worth comparing.
Every equity and hybrid fund, category by category, with its returns, SIP return and record against its index: mutual funds compared.
Every Nifty 50 index fund vs the index, to Sep 2026
| Fund | Plan | 1 year | Gap | 3 years | Gap | 5 years | Gap |
|---|---|---|---|---|---|---|---|
| Navi Nifty 50 Index Fund | Direct | -7.2% | -0.08% | 5.9% | -0.18% | 6.2% | -0.20% |
| Motilal Oswal Nifty 50 Index Fund | Direct | -7.2% | -0.11% | 5.9% | -0.19% | 6.2% | -0.20% |
| Nippon India Index Fund - Nifty 50 Plan | Direct | -7.2% | -0.09% | 5.9% | -0.20% | 6.2% | -0.23% |
| Axis Nifty 50 Index Fund | Direct | -7.2% | -0.12% | 5.9% | -0.20% | — | — |
| DSP Nifty 50 Index Fund | Direct | -7.2% | -0.10% | 5.9% | -0.21% | 6.1% | -0.23% |
| Edelweiss Nifty 50 Index Fund | Direct | -7.1% | -0.04% | 5.8% | -0.22% | — | — |
| BANDHAN Nifty 50 Index Fund | Direct | -7.2% | -0.14% | 5.8% | -0.22% | 6.2% | -0.18% |
| UTI Nifty 50 Index Fund | Direct | -7.3% | -0.17% | 5.8% | -0.23% | 6.1% | -0.24% |
| Aditya Birla Sun Life Nifty 50 Index Fund | Direct | -7.2% | -0.16% | 5.8% | -0.25% | 6.1% | -0.29% |
| Franklin India NSE Nifty 50 Index Fund | Direct | -7.2% | -0.15% | 5.8% | -0.25% | 6.1% | -0.29% |
| HSBC NIFTY 50 Index Fund | Direct | -7.2% | -0.16% | 5.8% | -0.25% | — | — |
| 360 ONE ELSS Tax Saver Nifty 50 Index Fund | Direct | -7.2% | -0.13% | 5.8% | -0.27% | — | — |
| Kotak Nifty 50 Index Fund | Direct | -7.2% | -0.08% | 5.8% | -0.29% | 6.1% | -0.28% |
| HDFC Nifty 50 Index Fund | Direct | -7.3% | -0.25% | 5.8% | -0.29% | 6.1% | -0.28% |
| UTI Nifty 50 Index Fund | Regular | -7.4% | -0.28% | 5.7% | -0.37% | 6.0% | -0.36% |
| Navi Nifty 50 Index Fund | Regular | -7.4% | -0.29% | 5.7% | -0.40% | 6.0% | -0.42% |
| LIC MF Nifty 50 Index Fund | Direct | -7.6% | -0.54% | 5.6% | -0.42% | 6.0% | -0.38% |
| DSP Nifty 50 Index Fund | Regular | -7.4% | -0.30% | 5.6% | -0.43% | 5.9% | -0.44% |
| HDFC Nifty 50 Index Fund | Regular | -7.5% | -0.39% | 5.6% | -0.45% | 5.9% | -0.46% |
| HSBC NIFTY 50 Index Fund | Regular | -7.4% | -0.27% | 5.6% | -0.47% | — | — |
| Axis Nifty 50 Index Fund | Regular | -7.5% | -0.41% | 5.6% | -0.51% | — | — |
| 360 ONE ELSS Tax Saver Nifty 50 Index Fund | Regular | -7.5% | -0.37% | 5.5% | -0.54% | — | — |
| Aditya Birla Sun Life Nifty 50 Index Fund | Regular | -7.5% | -0.45% | 5.5% | -0.55% | 5.8% | -0.60% |
| Nippon India Index Fund - Nifty 50 Plan | Regular | -7.5% | -0.41% | 5.5% | -0.57% | 5.7% | -0.71% |
| Kotak Nifty 50 Index Fund | Regular | -7.4% | -0.33% | 5.5% | -0.59% | 5.8% | -0.61% |
| Motilal Oswal Nifty 50 Index Fund | Regular | -7.6% | -0.50% | 5.4% | -0.62% | 5.7% | -0.63% |
| Franklin India NSE Nifty 50 Index Fund | Regular | -7.6% | -0.48% | 5.4% | -0.64% | 5.7% | -0.69% |
| Edelweiss Nifty 50 Index Fund | Regular | -7.5% | -0.40% | 5.4% | -0.68% | — | — |
| BANDHAN Nifty 50 Index Fund | Regular | -7.7% | -0.61% | 5.3% | -0.73% | 5.7% | -0.65% |
| Taurus Nifty 50 Index Fund | Direct | -7.8% | -0.76% | 5.1% | -0.99% | 5.5% | -0.88% |
| LIC MF Nifty 50 Index Fund | Regular | -8.1% | -0.97% | 4.9% | -1.14% | 5.2% | -1.15% |
| Taurus Nifty 50 Index Fund | Regular | -8.1% | -1.01% | 4.8% | -1.24% | 5.2% | -1.17% |
| JioBlackRock Nifty 50 Index Fund | Direct | -7.2% | -0.10% | — | — | — | — |
| Mirae Asset Nifty 50 Index Fund | Direct | -7.3% | -0.20% | — | — | — | — |
| Baroda BNP Paribas Nifty 50 Index Fund | Direct | -7.3% | -0.21% | — | — | — | — |
| ANGEL ONE NIFTY 50 INDEX FUND | Direct | -7.3% | -0.23% | — | — | — | — |
| Groww Nifty 50 Index Fund | Direct | -7.5% | -0.43% | — | — | — | — |
| Bajaj Finserv Nifty 50 Index Fund | Direct | -7.6% | -0.48% | — | — | — | — |
| Baroda BNP Paribas Nifty 50 Index Fund | Regular | -7.6% | -0.54% | — | — | — | — |
| ANGEL ONE NIFTY 50 INDEX FUND | Regular | -7.8% | -0.69% | — | — | — | — |
| Mirae Asset Nifty 50 Index Fund | Regular | -7.9% | -0.77% | — | — | — | — |
| Groww Nifty 50 Index Fund | Regular | -8.1% | -1.06% | — | — | — | — |
| Bajaj Finserv Nifty 50 Index Fund | Regular | -8.2% | -1.14% | — | — | — | — |
Returns are yearly (CAGR) from AMFI month-end NAVs; the gap is the fund's return minus the Nifty 50 TRI's over the same months. Sorted by the 3-year gap, smallest first. Funds younger than a year are left out.
Direct or regular?
The same fund's regular plan pays the distributor a commission out of your returns, so it trails the direct plan every year. See the gap for any fund with the direct vs regular calculator.
What else to check
A fund's size and its trading volume matter little for an index fund you buy and redeem at NAV. The expense ratio is the main driver of the gap, but the gap itself is the better number: it includes everything the fund lost, not just the fee.
Key takeaways
- Every Nifty 50 index fund holds the same shares; compare them on tracking difference.
- Direct plans trail the index less than regular plans of the same fund.
- The gap includes the expense ratio and every other cost the fund bore.
Frequently asked questions
Which is the best Nifty 50 index fund?
All of them hold the same shares; the useful difference is how much each trails the index. The table ranks every fund by its 3-year gap to the Nifty 50 TRI, smallest first.
What is tracking difference?
An index fund's return minus its index's return over the same period. It is usually negative, by roughly the fund's costs.
Should I pick the direct plan?
The direct plan of the same fund has no distributor commission, so it returns more every year.