Best Index Funds (Low Cost) in India (2026)

Index funds simply track a benchmark like the Nifty 50 at very low cost. Cheap, simple and hard to beat over the long run — a great default.

Our top pick for this is UTI Nifty 50 Index — A plain, ultra-low-cost fund that simply tracks the Nifty 50. No manager risk, rock-bottom fees — a brilliant default core holding for hands-off investors.

Market-risk warning: mutual funds are subject to market risk; past performance does not guarantee future returns. Information only, not investment advice.
#NameScoreCategory5Y Return (CAGR)*Expense Ratio*Risk
7UTI Nifty 50 Index8.2/10Index~16%~0.2%Moderate
7

UTI Nifty 50 Index

A plain, ultra-low-cost fund that simply tracks the Nifty 50. No manager risk, rock-bottom fees — a brilliant default core holding for hands-off investors.

8.2
/ 10
Category
Index
5Y Return (CAGR)*
~16%
Expense Ratio*
~0.2%
Risk
Moderate
  • Very low cost
  • No fund-manager risk
  • Simple, transparent
  • Only matches the index
  • No downside protection
  • Large-cap only
View fund Official site

Other fund categories

Best Flexi Cap Mutual FundsBest Large Cap Mutual FundsBest Mid Cap Mutual FundsBest Small Cap Mutual FundsBest ELSS Tax-Saving FundsBest Hybrid / Balanced Funds All 10 funds →

Returns and expense ratios indicative as of June 2026 and change daily. Mutual funds are subject to market risk; past performance is not a guarantee. Information only, not investment advice. Consult a SEBI-registered adviser.