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 | 4.6% | — | — | — | — | — | — | — | — | — | 0.33% | ₹499 Cr | 2.0y | |
| UTI Nifty 500 Index UTI | 67 | Buy | 15.8% | 23.3% | — | 0.81 | 1.08 | 20.7 | 8.8 | 1.26 | — | — | — | ₹0 Cr | 0.0y | |
| Angel One Nifty Total Market Index Angel One | 65 | Buy | 3.0% | — | — | 0.31 | 0.44 | 14.1 | -0.9 | 1.01 | — | — | 0.33% | ₹62 Cr | 1.5y | |
| Motilal Oswal Nifty 500 Index Motilal Oswal | 56 | Hold | 2.7% | 11.4% | 10.3% | 0.34 | 0.47 | 14.3 | -1.4 | 1.00 | — | 22.6 | 0.21% | ₹3.1k Cr | 7.0y | |
| Mirae Asset Nifty Total Market Index Mirae Asset | 51 | Hold | 2.9% | — | — | -0.31 | -0.43 | 14.4 | -1.1 | 1.01 | — | 22.8 | 0.32% | ₹51 Cr | 1.9y | |
| Groww Nifty Total Market Index Groww | 50 | Hold | 2.7% | — | — | 0.43 | 0.59 | 14.5 | -1.7 | 1.01 | — | 22.8 | 0.65% | ₹371 Cr | 2.9y | |
| ICICI Pru Nifty 500 Index ICICI Pru | 50 | Hold | 2.2% | — | — | -0.26 | -0.36 | 14.2 | -1.5 | 0.99 | — | 22.6 | 0.44% | ₹99 Cr | 1.7y | |
| Axis Nifty 500 Index Axis | 49 | Hold | 2.5% | — | — | -0.40 | -0.54 | 14.1 | -1.9 | 1.00 | — | 22.6 | 0.17% | ₹320 Cr | 2.1y | |
| Nippon India Nifty 500 Equal Weight Index Nippon India | 49 | Hold | 6.0% | — | — | -0.37 | -0.49 | 17.3 | -0.5 | 1.14 | — | 22.6 | 0.54% | ₹518 Cr | 2.0y | |
| Motilal Oswal BSE 1000 Index Motilal Oswal | 43 | Avoid | 2.8% | — | — | -0.51 | -0.68 | 13.3 | -0.7 | 1.00 | — | 23.1 | 0.47% | ₹63 Cr | 1.3y | |
| DSP Nifty 500 Index DSP | 40 | Avoid | — | — | — | — | — | — | — | — | — | 22.6 | 0.33% | ₹15 Cr | 0.7y | |
| NAVI Nifty 500 MultiCap 50-25-25 Dir Navi | 37 | Avoid | 4.6% | — | — | — | — | — | — | — | — | — | 0.47% | ₹27 Cr | 2.1y | |
| SBI Nifty 500 Index SBI | 36 | Avoid | 2.5% | — | — | -0.46 | -0.63 | 14.2 | -2.2 | 1.00 | — | 22.6 | 0.34% | ₹783 Cr | 1.9y | |
| Bandhan Nifty Total Market Index Bandhan | 27 | Avoid | 2.7% | — | — | -0.38 | -0.51 | 14.2 | -2.0 | 1.01 | — | 22.8 | 0.74% | ₹45 Cr | 2.2y |
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 05 Sept 2026.
›Which Index — Broad Market fund has the best risk-adjusted returns?
UTI Nifty 500 Index leads the category on the Sortino ratio at 1.08 (Sharpe 0.81) — 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 0.17% 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?
UTI Nifty 500 Index manages ₹0 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.
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