Mutual Fund Investment: Top 10 Index Funds: More than 75% return in one year! This figure is of a mutual fund scheme included in the country’s top 10 index funds. These top 10 index funds include mutual funds tracking several different indexes, whose average annual return ranges from 62% to 77%. That too from passive funds like index funds, in which the expense ratio is also very low. These index funds have got the full benefit of the boom in the Indian stock market in the last one year. Obviously, the investors investing in them have also become rich.
Top 10 Index Funds with Highest Returns
Here we will tell you about those Index Mutual Funds which have given the highest returns in the last 1 year. This list includes index funds of every category whose returns have been tremendous.
1. Motilal Oswal BSE Enhanced Value Index Fund
Benchmark : BSE Enhanced Value Total Return Index
1 Year Return (Regular): 76.18%
1 Year Return (Direct): 77.37%
Asset Under Management (AUM): Rs 772.73 crore
2. UTI Nifty 500 Value 50 Index Fund
Benchmark : Nifty 500 Value 50 Total Return Index
1 Year Return (Regular): 75.46%
1 Year Return (Direct): 76.31%
Asset Under Management (AUM): Rs 472.74 crore
3. ICICI Prudential Nifty Auto Index Fund
Benchmark : NIFTY Auto Total Return Index
1 Year Return (Regular): 63.16 %
1 Year Return (Direct): 64.01 %
Asset Under Management (AUM): Rs 147.10 crore
4. Edelweiss Nifty Midcap150 Momentum 50 Index Fund
Benchmark : NIFTY Midcap 150 Momentum 50 Total Return Index
1 Year Return (Regular): 62.14 %
1 Year Return (Direct): 63.37%
Asset Under Management (AUM): Rs 570.97 crore
Also read: Mutual Fund: Quant Small Cap Fund made Rs 1 lakh into Rs 7.38 lakh in 5 years, gave more than 3 times return on SIP
5. : SBI Nifty Next 50 Index Fund
Benchmark : NIFTY Next 50 Total Return Index
1 Year Return (Regular): 62.50 %
1 Year Return (Direct): 63.30%
Asset Under Management (AUM): Rs 1,208.34 crore
6. Edelweiss Nifty Next 50 Index Fund
Benchmark : NIFTY Next 50 Total Return Index
1 Year Return (Regular): 61.98 %
1 Year Return (Direct): 63.27 %
Asset Under Management (AUM): Rs 61.91 crore
Also read: NFO Alert: Subscription is open till August 20 in this new scheme of HDFC Mutual Fund, is this scheme right for you
7. DSP Nifty Next 50 Index Fund
Benchmark : NIFTY Next 50 Total Return Index
1 Year Return (Regular): 62.62 %
1 Year Return (Direct): 63.25 %
Asset Under Management (AUM): Rs 729.32 crore
8. UTI Nifty Next 50 Index Fund
Benchmark : NIFTY Next 50 Total Return Index
1 Year Return (Regular): 62.50 %
1 Year Return (Direct): 63.23 %
Asset Under Management (AUM): Rs 4,534.01 crore
Also read: ICICI Prudential’s 21 year old ETF shines, makes people who invested Rs 4 lakh millionaires
9. ICICI Prudential Nifty Next 50 Index Fund
Benchmark : NIFTY Next 50 Total Return Index
1 Year Return (Regular): 62.77 %
1 Year Return (Direct): 63.23 %
Asset Under Management (AUM): Rs 6,463.49 crore
10. Motilal Oswal Nifty Next 50 Index Fund
Benchmark : NIFTY Next 50 Total Return Index
1 Year Return (Regular): 62.01 %
1 Year Return (Direct): 63.16 %
Asset Under Management (AUM): Rs 273.67 crore
(Source: AMFI data updated till August 14)
Also read: NFO Alert: DSP Mutual Fund’s Nifty Top 10 Equal Weight Index Fund launched, how is the new fund offer for common investors
Features of index funds
Index Fund is actually a category of equity mutual fund. The special thing about index funds is that they track some index. That is, the money invested in the index fund is invested in the shares of the companies included in that particular index, in proportion to their weightage. This is the reason why the return of that index fund also follows its benchmark index. The role of the fund manager in the index fund is very less. This is the reason why the total expense ratio (TER) of the index fund is much less than that of active funds.
Also read: SIP in SBI: Rs 1.04 crore collected from SIP of Rs 2300, how did this scheme of SBI Mutual Fund do this miracle
Index funds are also called passive funds. It is considered a very good way for retail investors to invest money in the stock market. Investors who lack the necessary knowledge, time and funds to invest directly in shares can also invest even the smallest amount in the stock market through equity funds. But due to investing in equity, the market risk associated with investing in them is quite high. Therefore, before investing in them, investors should keep their risk profile in mind.
(Disclaimer: Investment in mutual funds is directly affected by the fluctuations in the stock market. Past return figures do not guarantee the same returns in the future. Our aim is not to advise investing in any fund, but only to provide information. Take any investment decision only after consulting your investment advisor.)
