Best Index — Large Cap Funds

Q: Which is the best Index — Large Cap mutual fund right now?

Kotak Nifty Next 50 Index currently ranks #1 of 82 Index — Large Cap funds with a FundLens Smart Score of 84/100 (Strong Buy). It returned 17.9% over 3 years and 12.1% over 5 years at a 0.27% expense ratio (direct plan). Rankings are recomputed from data updated 05 Sept 2026.

Q: Which Index — Large Cap fund has the best risk-adjusted returns?

Bandhan Nifty Next 50 Index leads the category on the Sortino ratio at 0.94 (Sharpe 0.66) — meaning it has delivered the most return per unit of downside risk among Index — Large Cap funds.

Q: Which Index — Large Cap fund has the lowest expense ratio?

Navi Nifty 50 Index charges 0.10% a year (direct plan) — the lowest in the category. Lower fees compound in your favour over long holding periods.

Q: Which is the smallest Index — Large Cap fund by AUM?

Axis Nifty 50 Equal Weight 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.

Q: How long should I stay invested in a Index — Large Cap fund?

Index — Large Cap funds carry moderately high risk, so a horizon of 3–5 years is generally sensible. Nifty 50, Sensex and Next 50 trackers — the market's return at rock-bottom cost. This is research, not investment advice.

Nifty 50, Sensex and Next 50 trackers — the market's return at rock-bottom cost.

Data updated 05 Sept 2026 · 82 direct-growth funds ranked by a transparent 0–100 Smart Score

Funds

Strong Buys

Mod. High

Risk

82 fundsSorted by Smart Score ↓

⚖Want to compare funds? Tick the checkbox in the first column — pick up to 5 and they'll go head-to-head in one view.

Fund	Score ↓	Verdict	1Y	3Y	5Y	Sharpe	Sortino	Std Dev	Alpha	Beta	VR★	P/E	Expense	AUM	Age
Kotak Nifty Next 50 Index Kotak	84	Strong Buy	9.3%	17.9%	12.1%	0.62	0.83	18.4	8.3	1.15	—	20.3	0.27%	₹1.2k Cr	5.5y
LIC MF Nifty Next 50 Index LIC	79	Strong Buy	9.5%	17.9%	12.0%	0.62	0.83	18.3	8.3	1.15	—	20.7	0.34%	₹111 Cr	16.0y
Axis Nifty Next 50 Index Axis	79	Strong Buy	9.3%	17.8%	—	0.62	0.84	18.2	7.5	1.15	—	20.3	0.23%	₹528 Cr	4.6y
Edelweiss Nifty Next 50 Index Edelweiss	78	Strong Buy	9.2%	17.8%	—	0.62	0.83	18.3	8.5	1.15	—	20.3	0.23%	₹295 Cr	3.8y
UTI Nifty Next 50 Index UTI	77	Buy	9.2%	17.8%	11.9%	0.62	0.83	18.4	8.3	1.15	—	20.3	0.44%	₹7.4k Cr	8.2y
SBI Nifty Next 50 Index SBI	76	Buy	9.2%	17.8%	11.9%	0.62	0.83	18.3	7.7	1.15	—	20.3	0.38%	₹2.3k Cr	5.3y
DSP Nifty Next 50 Index DSP	76	Buy	9.2%	17.8%	12.0%	0.61	0.82	18.4	8.2	1.15	—	20.3	0.36%	₹1.4k Cr	7.6y
Motilal Oswal Nifty Next 50 Index Motilal Oswal	74	Buy	9.1%	17.8%	11.9%	0.62	0.83	18.4	8.3	1.15	—	20.3	0.41%	₹510 Cr	6.7y
Navi Nifty Next 50 Index Navi	72	Buy	9.1%	17.7%	—	0.61	0.82	18.4	8.1	1.15	2★	20.3	0.27%	₹1.3k Cr	4.6y
ICICI Pru Nifty Next 50 Index ICICI Pru	70	Buy	8.9%	17.6%	11.8%	0.60	0.81	18.4	8.1	1.15	—	20.3	0.39%	₹9.9k Cr	13.7y
HDFC Nifty Next 50 Index HDFC	68	Buy	9.1%	17.6%	—	0.60	0.81	18.4	8.0	1.15	—	20.3	0.36%	₹2.7k Cr	4.8y
DSP Nifty 50 Equal Weight Index DSP	67	Buy	3.5%	12.7%	11.9%	0.45	0.63	13.6	3.5	0.99	—	20.7	0.49%	₹2.7k Cr	9.0y
ABSL Nifty Next 50 Index Aditya Birla Sun Life	65	Buy	9.2%	17.6%	—	0.61	0.81	18.4	8.1	1.15	—	20.3	0.44%	₹286 Cr	6.5y
HDFC Nifty50 Equal weight Index HDFC	65	Buy	3.4%	12.6%	11.8%	0.45	0.63	13.6	3.5	0.99	—	20.7	0.48%	₹1.8k Cr	5.0y
ABSL Nifty 50 Equal Weight Index Aditya Birla Sun Life	63	Buy	3.5%	12.6%	11.8%	0.45	0.63	13.6	3.5	0.99	—	20.7	0.43%	₹530 Cr	5.2y
Axis Nifty 100 Index Axis	63	Buy	-0.5%	9.6%	8.3%	0.23	0.32	13.6	-0.3	1.02	—	20.6	0.25%	₹2.1k Cr	6.9y
HSBC Nifty Next 50 Index HSBC	62	Buy	8.8%	17.5%	11.6%	0.60	0.80	18.4	7.9	1.15	—	20.3	0.43%	₹176 Cr	6.4y
Bandhan Nifty 100 Index Bandhan	62	Buy	-0.4%	9.7%	—	0.23	0.32	13.6	-0.0	1.03	—	20.6	0.15%	₹254 Cr	4.5y
Bandhan Nifty Next 50 Index Bandhan	62	Buy	9.2%	—	—	0.66	0.94	16.8	8.0	1.08	—	20.3	0.40%	₹36 Cr	1.5y
HDFC Nifty 100 Equal Weight Index HDFC	61	Hold	6.3%	15.0%	—	0.55	0.75	15.3	5.7	1.06	—	20.6	0.57%	₹519 Cr	4.5y
Nippon India Index Nippon India	61	Hold	-2.4%	8.0%	7.7%	0.12	0.16	13.2	-1.1	1.00	—	20.7	0.15%	₹3.9k Cr	13.7y
Motilal Oswal Nifty 50 Index Motilal Oswal	60	Hold	-2.4%	8.0%	7.7%	0.12	0.16	13.2	-1.1	1.00	—	20.7	0.19%	₹904 Cr	6.7y
Navi Nifty 50 Index Navi	60	Hold	-2.5%	8.0%	7.7%	0.12	0.16	13.2	-1.2	1.00	2★	20.7	0.10%	₹4.1k Cr	5.1y
Nippon India BSE Sensex Next 30 Index Nippon India	60	Hold	9.7%	—	—	0.19	0.26	13.2	10.0	0.94	—	18.2	0.46%	₹87 Cr	1.3y
Axis Nifty 50 Index Axis	59	Hold	-2.5%	8.0%	—	0.12	0.16	13.1	-1.8	1.00	—	20.7	0.19%	₹1.0k Cr	4.8y
Bandhan Nifty 50 Index Bandhan	59	Hold	-2.5%	8.0%	7.7%	0.11	0.16	13.1	-1.6	1.00	—	20.7	0.16%	₹2.8k Cr	13.7y
HDFC BSE 500 Index HDFC	58	Hold	2.1%	10.7%	—	0.30	0.40	14.1	1.5	1.03	—	22.7	0.37%	₹323 Cr	3.4y
Edelweiss Nifty 50 Index Edelweiss	58	Hold	-2.4%	8.0%	—	0.11	0.16	13.2	-0.9	1.00	—	20.7	0.14%	₹304 Cr	4.9y
DSP BSE Sensex Next 30 Index DSP	57	Hold	9.7%	—	—	0.46	0.64	15.0	9.5	1.00	—	18.2	0.47%	₹26 Cr	1.6y
ICICI Pru Nifty 50 Equal Weight Index ICICI Pru	56	Hold	3.5%	12.6%	—	—	—	—	—	—	—	—	0.39%	₹266 Cr	3.9y
HDFC Nifty 100 Index HDFC	56	Hold	-0.6%	9.5%	—	0.22	0.30	13.6	0.3	1.02	—	20.6	0.35%	₹474 Cr	4.5y
DSP Nifty 50 Index DSP	54	Hold	-2.5%	8.0%	7.7%	0.11	0.16	13.2	-1.1	1.00	—	20.7	0.25%	₹1.1k Cr	7.6y
UTI Nifty 50 Index UTI	53	Hold	-2.5%	8.0%	7.7%	0.11	0.16	13.2	-1.1	1.00	—	20.7	0.25%	₹29.6k Cr	13.7y
JioBlackRock Nifty Next 50 Index JioBlackRock	52	Hold	9.2%	—	—	0.11	0.15	16.6	11.3	1.09	—	20.3	0.39%	₹223 Cr	1.1y
Sundaram Nifty 100 Equal Weight Sundaram	51	Hold	6.5%	14.9%	11.5%	0.48	0.63	20.2	-3.0	0.86	—	20.6	0.74%	₹147 Cr	13.7y
Bajaj Finserv Nifty Next 50 Index Bajaj Finserv	50	Hold	8.4%	—	—	0.14	0.19	15.7	9.6	1.08	—	20.3	0.44%	₹32 Cr	1.3y
UTI Nifty 50 Equal Weight Index UTI	49	Hold	3.6%	12.5%	—	—	—	—	—	—	—	20.7	0.49%	₹153 Cr	3.2y
ABSL Nifty 50 Index Gr Dir Aditya Birla Sun Life	49	Hold	-2.5%	8.0%	7.6%	0.11	0.16	13.2	-1.2	1.00	—	20.7	0.25%	₹1.5k Cr	13.7y
HSBC Nifty 50 Index HSBC	49	Hold	-2.5%	8.0%	7.7%	0.11	0.15	13.2	-1.2	1.00	—	20.7	0.23%	₹396 Cr	6.4y
SBI Nifty Index SBI	49	Hold	-2.6%	7.9%	7.6%	0.11	0.15	13.1	-1.7	1.00	—	20.7	0.25%	₹14.1k Cr	13.7y
ICICI Pru Nifty 50 Index ICICI Pru	48	Hold	-2.5%	7.9%	7.6%	0.11	0.15	13.2	-1.2	1.00	—	—	0.25%	₹17.4k Cr	13.7y
JioBlackRock Nifty 50 Index JioBlackRock	48	Hold	-2.5%	—	—	-0.72	-0.97	13.0	-0.7	1.00	—	20.7	0.24%	₹276 Cr	1.1y
Groww Nifty Next 50 Index Groww	48	Hold	9.0%	—	—	0.17	0.23	16.6	11.6	1.09	—	20.3	0.52%	₹11 Cr	1.1y
Kotak Nifty 50 Index Kotak	47	Hold	-2.4%	7.9%	7.6%	0.11	0.15	13.2	-1.2	1.00	—	20.7	0.14%	₹1.2k Cr	5.2y
Tata Nifty Next 50 Index Tata	45	Hold	—	—	—	—	—	—	—	—	—	20.3	0.34%	₹121 Cr	1.0y
FranklIn India Index Franklin	44	Avoid	-2.5%	7.9%	7.6%	0.11	0.15	13.1	-1.2	1.00	—	20.7	0.30%	₹733 Cr	13.7y
HDFC Nifty 50 Index HDFC	44	Avoid	-2.6%	7.9%	7.6%	0.11	0.15	13.2	-1.2	1.00	—	20.7	0.30%	₹24.2k Cr	13.7y
Zerodha Nifty 50 Index Zerodha	44	Avoid	—	—	—	—	—	—	—	—	—	20.7	0.31%	₹69 Cr	0.9y
Angel One Nifty 50 Index Angel One	43	Avoid	-2.6%	—	—	-0.66	-0.89	12.4	-0.8	1.00	2★	20.7	0.25%	₹34 Cr	1.3y
Axis Nifty 50 Equal Weight Index Axis	42	Avoid	—	—	—	—	—	—	—	—	—	20.7	0.24%	₹0 Cr	0.1y
360 One ELSS Tax Saver Nifty 50 Tax Saver Index 360 ONE	41	Avoid	-2.5%	7.9%	—	0.11	0.15	13.1	-1.2	0.99	2★	20.7	0.38%	₹70 Cr	3.7y
Tata Nifty 50 Index Tata	41	Avoid	-2.6%	7.9%	7.6%	0.10	0.14	13.2	-1.3	1.00	—	20.3	0.28%	₹1.7k Cr	13.7y
SBI Nifty50 Equal Weight Index SBI	41	Avoid	3.4%	—	—	0.05	0.07	13.8	1.2	1.00	—	20.7	0.50%	₹1.1k Cr	2.6y
Navi ELSS Tax Saver Nifty 50 Index Navi	40	Avoid	-2.6%	7.9%	—	—	—	—	—	—	2★	20.7	0.24%	₹158 Cr	3.5y
Kotak Nifty 100 Equal Weight Index Kotak	39	Avoid	6.4%	—	—	0.01	0.01	15.3	4.2	1.06	—	20.6	0.36%	₹47 Cr	1.7y
Bajaj Finserv Nifty 50 Index Bajaj Finserv	39	Avoid	-2.8%	—	—	-0.72	-0.98	12.3	-1.1	1.00	—	20.7	0.31%	₹39 Cr	1.3y
Mirae Asset Nifty 50 Index Mirae Asset	37	Avoid	-2.5%	—	—	-0.47	-0.65	13.2	-1.0	1.00	—	20.7	0.31%	₹74 Cr	1.9y
Kotak Nifty 50 Equal Weight Index Kotak	36	Avoid	3.5%	—	—	0.02	0.04	13.6	4.2	1.00	—	20.7	0.50%	₹63 Cr	1.7y
Kotak BSE HousIng Index Kotak	32	Avoid	-6.7%	8.3%	—	0.09	0.13	18.8	-1.3	1.15	—	38.1	0.32%	₹13 Cr	3.0y
UTI BSE Sensex Index UTI	32	Avoid	-4.4%	6.2%	—	-0.02	-0.03	13.2	-2.9	0.99	—	22.8	0.23%	₹198 Cr	4.6y
Groww Nifty 50 Index Groww	32	Avoid	-2.8%	—	—	-0.78	-1.06	12.8	-1.1	1.00	—	20.7	0.46%	₹26 Cr	1.2y
LIC MF Nifty 50 Index LIC	31	Avoid	-3.0%	7.8%	7.5%	0.10	0.14	13.2	-1.3	1.00	—	20.7	0.56%	₹371 Cr	13.7y
ICICI Pru BSE Sensex Index ICICI Pru	31	Avoid	-4.4%	6.2%	6.7%	-0.02	-0.03	13.2	-2.9	0.99	—	—	0.22%	₹1.9k Cr	9.0y
HDFC BSE Sensex Index HDFC	31	Avoid	-4.5%	6.2%	6.7%	-0.02	-0.03	13.2	-2.9	0.99	—	22.8	0.23%	₹8.7k Cr	13.7y
SBI BSE Sensex Index SBI	31	Avoid	-4.5%	6.1%	—	-0.03	-0.04	13.1	-3.5	0.99	—	22.8	0.25%	₹309 Cr	3.3y
Nippon India Index Nippon India	30	Avoid	-4.4%	6.2%	6.7%	-0.02	-0.03	13.2	-2.9	0.99	—	22.8	0.22%	₹942 Cr	13.7y
Baroda BNP Paribas Nifty 50 Index Baroda BNP Paribas	28	Avoid	-2.6%	—	—	-0.10	-0.14	13.4	-1.1	1.00	—	20.7	0.48%	₹55 Cr	2.6y
Axis BSE Sensex Index Axis	28	Avoid	-4.2%	—	—	-0.23	-0.33	13.4	-2.9	0.99	—	22.8	0.29%	₹55 Cr	2.5y
DSP Nifty Top 10 Equal Weight Index DSP	27	Avoid	-6.6%	—	—	-0.82	-1.13	13.5	-4.6	0.97	—	20.4	0.34%	₹1.2k Cr	2.0y
HDFC Nifty Top 20 Equal Weight Index HDFC	27	Avoid	-2.9%	—	—	-0.42	-0.58	13.4	-2.0	0.98	—	21.1	0.38%	₹94 Cr	1.4y
UTI BSE Housing Index UTI	26	Avoid	-6.7%	8.2%	—	0.09	0.12	18.7	-1.3	1.15	—	38.1	0.65%	₹24 Cr	3.2y
Taurus Nifty 50 Index Taurus	24	Avoid	-3.2%	7.2%	7.0%	0.05	0.07	13.1	-2.0	0.99	—	20.7	0.89%	₹7 Cr	13.7y
NAVI BSE Sensex Index Navi	24	Avoid	-4.4%	—	—	-0.03	-0.05	13.2	-3.1	0.99	—	22.8	0.48%	₹20 Cr	3.0y
Kotak BSE Sensex Index Kotak	23	Avoid	-4.5%	—	—	-0.36	-0.50	13.3	-3.1	0.99	—	22.8	0.36%	₹24 Cr	1.5y
ICICI Pru Nifty Top 15 Equal Weight Index ICICI Pru	20	Avoid	-4.8%	—	—	-0.92	-1.24	13.4	-1.3	1.03	—	20.2	0.43%	₹30 Cr	1.2y
Tata S&P BSE Sensex Index Tata	18	Avoid	-4.5%	6.1%	6.6%	—	—	—	—	—	—	—	0.33%	₹393 Cr	13.7y
UTI Nifty 500 Shariah Index UTI	18	Avoid	—	—	—	—	—	—	—	—	—	—	0.66%	₹88 Cr	0.6y
Kotak Nifty Top 10 Equal Weight Index Kotak	17	Avoid	-6.7%	—	—	-1.01	-1.40	13.3	-7.8	0.98	—	20.4	0.40%	₹39 Cr	1.4y
LIC MF BSE Sensex Index LIC	16	Avoid	-4.8%	5.9%	6.5%	-0.04	-0.06	13.2	-3.2	0.99	—	22.8	0.66%	₹93 Cr	13.7y
Choice Nifty Next 50 Index Choice Nifty	8	Avoid	—	—	—	—	—	—	—	—	—	20.3	—	₹19 Cr	0.5y
Choice Nifty 50 Index Choice Nifty	5	Avoid	—	—	—	—	—	—	—	—	—	20.7	—	₹15 Cr	0.5y
Invesco India BSE Sensex Index Invesco	3	Avoid	—	—	—	—	—	—	—	—	—	22.8	1.25%	₹17 Cr	0.4y

Reading the ratios: ↑ higher is better — Returns, Sharpe, Sortino, Alpha · ↓ lower is better — Std Dev, P/E, Expense · Beta ≈1 moves with the market (<1 swings less). Hover any column header for details.

Index — Large Cap funds — quick answers

›Which is the best Index — Large Cap mutual fund right now?

Kotak Nifty Next 50 Index currently ranks #1 of 82 Index — Large Cap funds with a FundLens Smart Score of 84/100 (Strong Buy). It returned 17.9% over 3 years and 12.1% over 5 years at a 0.27% expense ratio (direct plan). Rankings are recomputed from data updated 05 Sept 2026.

›Which Index — Large Cap fund has the best risk-adjusted returns?

Bandhan Nifty Next 50 Index leads the category on the Sortino ratio at 0.94 (Sharpe 0.66) — meaning it has delivered the most return per unit of downside risk among Index — Large Cap funds.

›Which Index — Large Cap fund has the lowest expense ratio?

Navi Nifty 50 Index charges 0.10% a year (direct plan) — the lowest in the category. Lower fees compound in your favour over long holding periods.

›Which is the smallest Index — Large Cap fund by AUM?

Axis Nifty 50 Equal Weight 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 — Large Cap fund?

Index — Large Cap funds carry moderately high risk, so a horizon of 3–5 years is generally sensible. Nifty 50, Sensex and Next 50 trackers — the market's return at rock-bottom cost. This is research, not investment advice.

Visitors also asked

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Want these answers conversationally? Ask FundLens · New to the ratios? Sharpe vs Sortino, explained