Best Index — Broad Market Funds
Nifty 500 and total-market trackers — one fund, the whole market.
Data updated · 14 direct-growth funds ranked by a transparent 0–100 Smart Score
| ⚖ VS | Fund | Score ↓ | Verdict | 1Y | 3Y | 5Y | Sharpe | Sortino | Std Dev | Alpha | Beta | VR★ | P/E | Expense | AUM | Age |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| HDFC Nifty 500 MultiCap 50:25:25 Index HDFC | 72 | Buy | -4.0% | — | — | — | — | — | — | — | — | — | 0.33% | ₹510 Cr | 2.2y | |
| UTI Nifty 500 Index UTI | 71 | Buy | 3.5% | 18.7% | — | 0.59 | 0.78 | 20.6 | 7.1 | 1.24 | — | 20.4 | — | ₹102 Cr | 0.1y | |
| Angel One Nifty Total Market Index Angel One | 65 | Buy | -5.4% | — | — | -0.01 | -0.01 | 14.1 | -0.8 | 1.01 | — | — | 0.31% | ₹59 Cr | 1.6y | |
| Motilal Oswal Nifty 500 Index Motilal Oswal | 55 | Hold | -5.8% | 9.2% | 7.7% | 0.18 | 0.25 | 14.4 | -1.4 | 1.00 | — | 20.4 | 0.23% | ₹3.1k Cr | 7.1y | |
| Groww Nifty Total Market Index Groww | 51 | Hold | -5.7% | — | — | 0.26 | 0.35 | 14.5 | -1.6 | 1.01 | — | 20.5 | 0.65% | ₹355 Cr | 3.0y | |
| Mirae Asset Nifty Total Market Index Mirae Asset | 50 | Hold | -5.1% | — | — | -0.50 | -0.68 | 14.4 | -0.7 | 1.01 | — | 20.6 | 0.35% | ₹49 Cr | 2.0y | |
| ICICI Pru Nifty 500 Index ICICI Pru | 50 | Hold | -6.3% | — | — | -0.49 | -0.67 | 14.1 | -1.5 | 0.99 | — | 20.4 | 0.43% | ₹102 Cr | 1.9y | |
| Axis Nifty 500 Index Axis | 49 | Hold | -6.0% | — | — | -0.57 | -0.77 | 14.1 | -1.7 | 1.00 | — | 20.4 | 0.16% | ₹314 Cr | 2.3y | |
| Motilal Oswal BSE 1000 Index Motilal Oswal | 43 | Avoid | -5.5% | — | — | -0.80 | -1.07 | 13.3 | -0.7 | 0.99 | — | 20.7 | 0.46% | ₹60 Cr | 1.4y | |
| Nippon India Nifty 500 Equal Weight Index Nippon India | 42 | Avoid | -2.4% | — | — | -0.56 | -0.74 | 17.2 | -0.8 | 1.13 | — | 23.3 | 0.49% | ₹450 Cr | 2.1y | |
| DSP Nifty 500 Index DSP | 42 | Avoid | — | — | — | — | — | — | — | — | — | 20.4 | 0.31% | ₹17 Cr | 0.8y | |
| SBI Nifty 500 Index SBI | 38 | Avoid | -6.1% | — | — | -0.64 | -0.87 | 14.1 | -2.0 | 1.00 | — | 20.4 | 0.33% | ₹734 Cr | 2.1y | |
| NAVI Nifty 500 MultiCap 50-25-25 Navi | 35 | Avoid | -4.0% | — | — | — | — | — | — | — | — | — | 0.46% | ₹28 Cr | 2.2y | |
| Bandhan Nifty Total Market Index Bandhan | 30 | Avoid | -5.7% | — | — | -0.55 | -0.73 | 14.2 | -1.8 | 1.01 | — | 20.5 | 0.74% | ₹42 Cr | 2.3y |
Index — Broad Market funds — quick answers
›Which is the best Index — Broad Market mutual fund right now?
HDFC Nifty 500 MultiCap 50:25:25 Index currently ranks #1 of 14 Index — Broad Market funds with a FundLens Smart Score of 72/100 (Buy). It returned — over 3 years at a 0.33% expense ratio (direct plan). Rankings are recomputed from data updated 20 Oct 2026.
›Which Index — Broad Market fund has the best risk-adjusted returns?
UTI Nifty 500 Index leads the category on the Sortino ratio at 0.78 (Sharpe 0.59) — meaning it has delivered the most return per unit of downside risk among Index — Broad Market funds.
›Which Index — Broad Market fund has the lowest expense ratio?
Axis Nifty 500 Index charges 0.16% a year (direct plan) — the lowest in the category. Lower fees compound in your favour over long holding periods.
›Which is the smallest Index — Broad Market fund by AUM?
DSP Nifty 500 Index manages ₹17 Cr, the smallest in the category. Smaller funds can be nimbler, but check track record and costs before treating size alone as an edge.
›How long should I stay invested in a Index — Broad Market fund?
Index — Broad Market funds carry high risk, so a horizon of 5+ years is generally sensible. Nifty 500 and total-market trackers — one fund, the whole market. This is research, not investment advice.
Visitors also asked
Want these answers conversationally? Ask FundLens · New to the ratios? Sharpe vs Sortino, explained