Best Index — Broad Market Funds
Nifty 500 and total-market trackers — one fund, the whole market.
Data updated · 13 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 | 73 | Buy | 1.3% | — | — | — | — | — | — | — | — | — | 0.33% | ₹487 Cr | 1.9y | |
| Motilal Oswal Nifty 500 Index Motilal Oswal | 71 | Buy | 0.7% | 12.1% | 12.3% | 0.40 | 0.54 | 14.3 | -1.5 | 1.00 | — | 22.3 | 0.14% | ₹3.0k Cr | 6.9y | |
| Angel One Nifty Total Market Index Angel One | 54 | Hold | 0.7% | — | — | 0.32 | 0.45 | 14.6 | -1.9 | 1.01 | — | — | 0.34% | ₹60 Cr | 1.4y | |
| Groww Nifty Total Market Index Groww | 53 | Hold | 0.5% | — | — | 0.47 | 0.64 | 14.8 | -1.9 | 1.01 | — | 22.5 | 0.65% | ₹363 Cr | 2.7y | |
| Mirae Asset Nifty Total Market Index Mirae Asset | 53 | Hold | 0.7% | — | — | -0.29 | -0.40 | 14.8 | -1.3 | 1.01 | — | 22.5 | 0.31% | ₹51 Cr | 1.8y | |
| ICICI Pru Nifty 500 Index ICICI Pru | 50 | Hold | 0.3% | — | — | -0.23 | -0.31 | 14.6 | -1.6 | 0.99 | — | 22.3 | 0.43% | ₹91 Cr | 1.6y | |
| Axis Nifty 500 Index Axis | 48 | Hold | 0.5% | — | — | -0.38 | -0.51 | 14.4 | -2.0 | 1.00 | — | 22.3 | 0.17% | ₹310 Cr | 2.0y | |
| NAVI Nifty 500 MultiCap 50-25-25 Dir Navi | 45 | Hold | 1.3% | — | — | -0.34 | -0.46 | 15.2 | -0.8 | 1.04 | — | — | 0.47% | ₹27 Cr | 2.0y | |
| Nippon India Nifty 500 Equal Weight Index Nippon India | 43 | Avoid | 2.0% | — | — | -0.37 | -0.50 | 17.8 | -0.9 | 1.14 | — | 22.2 | 0.52% | ₹506 Cr | 1.9y | |
| Motilal Oswal BSE 1000 Index Motilal Oswal | 40 | Avoid | 0.4% | — | — | -0.49 | -0.67 | 13.8 | -1.1 | 1.00 | — | 22.8 | 0.41% | ₹62 Cr | 1.1y | |
| SBI Nifty 500 Index SBI | 39 | Avoid | 0.5% | — | — | -0.44 | -0.60 | 14.5 | -2.3 | 1.00 | — | 22.3 | 0.34% | ₹776 Cr | 1.8y | |
| DSP Nifty 500 Index DSP | 38 | Avoid | — | — | — | — | — | — | — | — | — | 22.3 | 0.33% | ₹15 Cr | 0.6y | |
| Bandhan Nifty Total Market Index Bandhan | 36 | Avoid | 0.4% | — | — | -0.36 | -0.49 | 14.5 | -2.2 | 1.01 | — | 22.5 | 0.49% | ₹64 Cr | 2.0y |
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 13 Index — Broad Market funds with a FundLens Smart Score of 73/100 (Buy). It returned — over 3 years at a 0.33% expense ratio (direct plan). Rankings are recomputed from data updated 22 Jul 2026.
›Which Index — Broad Market fund has the best risk-adjusted returns?
Groww Nifty Total Market Index leads the category on the Sortino ratio at 0.64 (Sharpe 0.47) — 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?
Motilal Oswal Nifty 500 Index charges 0.14% 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 ₹15 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.
Want these answers conversationally? Ask FundLens · New to the ratios? Sharpe vs Sortino, explained