Methodology: Index funds sorted by FundScore; index investing keeps costs low and removes fund-manager risk by simply tracking a benchmark like the Nifty 50.

Fund	Category	NAV	1D	1Y	3Y	5Y	Sharpe
ICICI Prudential Nifty Pharma Index Fund - Direct Plan - Growth ICICI Prudential	Index Funds	₹20.60	▼ 0.24%	+20.1%	+20.4%	—	1.04
Edelweiss MSCI India Domestic & World Healthcare 45 Index Fund Direct Plan - Growth Edelweiss	Index Funds	₹24.50	▼ 0.21%	+21.2%	+19.8%	+13.7%	0.90
Motilal Oswal S&P 500 Index Fund - Direct Plan Growth Motilal Oswal	Index Funds	₹34.04	▲ 1.83%	+33.4%	+26.1%	+18.1%	0.89
Motilal Oswal BSE Enhanced Value Index Fund-Direct plan Motilal Oswal	Index Funds	₹27.92	▲ 0.16%	+14.1%	+25.3%	—	1.05
ICICI Prudential Nifty Auto Index Fund - Direct Plan - Growth ICICI Prudential	Index Funds	₹23.47	▼ 0.42%	+22.8%	+24.3%	—	0.99
Axis Nifty Midcap 50 Index Fund - Direct Plan - Growth Option Axis	Index Funds	₹22.17	▼ 0.47%	+12.8%	+19.4%	—	0.79
HDFC NIFTY Midcap 150 Index Fund - Growth Option - Direct Plan HDFC	Index Funds	₹19.95	▼ 0.30%	+9.7%	+18.5%	—	0.99
Nippon India Nifty Midcap 150 Index Fund - Direct Plan - Growth Option Nippon India	Index Funds	₹27.04	▼ 0.32%	+9.8%	+18.6%	+17.5%	0.81
Navi Nifty India Manufacturing Index Fund- Direct Plan- Growth Navi	Index Funds	₹20.20	▲ 0.58%	+17.2%	+20.5%	—	0.88
Kotak Nifty Smallcap 50 Index Fund - Direct Plan - Growth Kotak Mahindra	Index Funds	₹22.80	▼ 0.06%	+12.8%	+22.4%	—	1.03
SBI Nifty Midcap 150 Index Fund - Direct Plan - Growth SBI	Index Funds	₹20.35	▼ 0.30%	+9.8%	+18.6%	—	0.85
Navi Nifty Midcap 150 Index Fund Direct Plan- Growth Navi	Index Funds	₹22.17	▲ 0.24%	+10.1%	+18.6%	—	0.82
DSP Nifty Healthcare Index Fund - Direct- Growth DSP	Index Funds	₹11.92	▼ 0.21%	+15.3%	—	—	0.77
ICICI Prudential Nifty Midcap 150 Index Fund - Direct Plan - Growth ICICI Prudential	Index Funds	₹20.89	▼ 0.30%	+9.8%	+18.5%	—	0.66
UTI Nifty India Manufacturing Index Fund - Direct Plan - Growth Option UTI	Index Funds	₹12.84	▼ 0.15%	+16.2%	—	—	0.88
UTI Nifty 500 Value 50 Index Fund - Direct Plan - Growth Option UTI	Index Funds	₹22.64	▼ 0.33%	+19.1%	+26.4%	—	1.08
ICICI Prudential Nifty50 Equal Weight Index Fund- Direct Plan - Growth ICICI Prudential	Index Funds	₹17.65	▼ 0.51%	+9.6%	+14.6%	—	0.70
Axis CRISIL-IBX Financial Services 3-6 Months Debt Index Fund - Direct Plan - Growth option Axis	Index Funds	₹10.58	▲ 0.03%	—	—	—	0.64
SBI BSE PSU BANK INDEX FUND- Direct Plan- Growth SBI	Index Funds	₹13.59	▲ 0.14%	+22.6%	—	—	0.79
Axis Nifty Smallcap 50 Index Fund - Direct Plan - Growth Option Axis	Index Funds	₹20.76	▼ 0.06%	+13.1%	+22.4%	—	0.64
HDFC NIFTY50 Equal weight Index Fund - Direct Plan - Growth Option HDFC	Index Funds	₹19.18	▼ 0.51%	+9.6%	+14.7%	—	0.57
Tata Nifty MidSmall Healthcare Index Fund - Direct Plan - Growth Tata	Index Funds	₹15.22	▲ 0.06%	+16.1%	—	—	0.83
HDFC Nifty 100 Equal Weight Index Fund - Direct Plan - Growth Option HDFC	Index Funds	₹18.05	▼ 0.44%	+10.5%	+16.4%	—	0.55
Motilal Oswal Nifty MidSmall Financial Services Index Fund - Direct Plan- Growth Motilal Oswal	Index Funds	₹14.69	▼ 0.50%	+24.3%	—	—	0.83
Nippon India Nifty Smallcap 250 Index Fund - Direct Plan - Growth Option Nippon India	Index Funds	₹36.08	▲ 0.16%	+7.0%	+16.9%	+14.9%	0.97
HSBC NIFTY NEXT 50 INDEX FUND - Direct Growth HSBC	Index Funds	₹32.68	▲ 0.36%	+11.8%	+18.7%	—	0.60
Axis Nifty Next 50 Index Fund - Direct Plan - Growth Axis	Index Funds	₹18.43	▼ 0.52%	+11.7%	+18.9%	—	0.47
Edelweiss Nifty Next 50 Index Fund - Direct Plan - Growth Edelweiss	Index Funds	₹17.33	▼ 0.52%	+11.6%	+18.9%	—	0.58
Kotak Nifty Next 50 Index Fund - Direct Plan - Growth Option Kotak Mahindra	Index Funds	₹21.76	▼ 0.52%	+11.7%	+19.0%	+14.0%	0.59
Navi Nifty Next 50 Index Fund- Direct Plan- Growth Navi	Index Funds	₹17.75	▲ 0.36%	+12.2%	+19.0%	—	0.45

Lowest-Cost Index Funds