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Top 3 Best Performing Sensex Index Mutual Funds 2023 | Fincash.com

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Best Sensex Index Mutual Funds for Investments 2023 - 2024

Updated on February 5, 2023 , 53583 views

Index Funds refer to the Mutual Fund schemes whose Portfolio comprises of shares that form part for a certain benchmark Market index. These funds follow a passive strategy wherein; they try to replicate the performance of an index. The portfolio of these schemes will have shares in the same proportion as they are in the benchmark index. The performance of these schemes depends on the performance of the respective benchmark. Sensex Index Mutual Funds refer to the index funds that use BSE Sensex as the benchmark to construct their portfolio. As you can't invest directly in the indices, people try to these proxies of index. Let's understand the concept of index funds.

Illustration:

If the proportion of ONGC Limited shares in a Sensex is 15% then, even the Sensex index fund's portfolio will allocate 15% of its fund money in ONGC shares.

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Best-Sensex-Index-Funds

Top 3 Best Performing Sensex Index Funds 2023

FundNAVNet Assets (Cr)3 MO (%)6 MO (%)1 YR (%)3 YR (%)5 YR (%)2022 (%)
Nippon India Index Fund - Sensex Plan Growth ₹30.1049
↓ -0.11
₹361-1.63.25.214.212.55
LIC MF Index Fund Sensex Growth ₹112.16
↓ -0.41
₹70-1.53.24.813.712.24.6
LIC MF Index Fund Nifty Growth ₹97.6657
↓ -0.24
₹54-2.91.83.213.511.14.7
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 7 Feb 23

1. Nippon India Index Fund - Sensex Plan

The primary investment objective of the scheme is to replicate the composition of the Sensex, with a view to generate returns that are commensurate with the performance of the Sensex, subject to tracking errors.

Nippon India Index Fund - Sensex Plan is a Others - Index Fund fund was launched on 28 Sep 10. It is a fund with Moderately High risk and has given a CAGR/Annualized return of 9.3% since its launch.  Ranked 74 in Index Fund category.  Return for 2022 was 5% , 2021 was 22.4% and 2020 was 16.6% .

Below is the key information for Nippon India Index Fund - Sensex Plan

Nippon India Index Fund - Sensex Plan
Growth
Launch Date 28 Sep 10
NAV (07 Feb 23) ₹30.1049 ↓ -0.11   (-0.37 %)
Net Assets (Cr) ₹361 on 31 Dec 22
Category Others - Index Fund
AMC Nippon Life Asset Management Ltd.
Rating
Risk Moderately High
Expense Ratio 0.51
Sharpe Ratio 0.07
Information Ratio -1.93
Alpha Ratio -0.72
Min Investment 5,000
Min SIP Investment 100
Exit Load 0-7 Days (0.25%),7 Days and above(NIL)

Growth of 10,000 investment over the years.

DateValue
31 Jan 18₹10,000
31 Jan 19₹10,105
31 Jan 20₹11,343
31 Jan 21₹12,988
31 Jan 22₹16,339
31 Jan 23₹16,860

Nippon India Index Fund - Sensex Plan SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹415,684.
Net Profit of ₹115,684
Invest Now

Returns for Nippon India Index Fund - Sensex Plan

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 7 Feb 23

DurationReturns
1 Month 0.6%
3 Month -1.6%
6 Month 3.2%
1 Year 5.2%
3 Year 14.2%
5 Year 12.5%
10 Year
15 Year
Since launch 9.3%
Historical performance (Yearly) on absolute basis
YearReturns
2022 5%
2021 22.4%
2020 16.6%
2019 14.2%
2018 6.2%
2017 27.9%
2016 2%
2015 -4.7%
2014 28.7%
2013 9.8%
Fund Manager information for Nippon India Index Fund - Sensex Plan
NameSinceTenure
Mehul Dama6 Nov 184.15 Yr.

Data below for Nippon India Index Fund - Sensex Plan as on 31 Dec 22

Asset Allocation
Asset ClassValue
Cash0.03%
Equity99.97%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Reliance Industries Ltd (Energy)
Equity, Since 31 Oct 10 | 500325
13%₹46 Cr179,562
↑ 7,361
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Oct 10 | 500180
10%₹37 Cr229,181
↑ 10,040
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 10 | 532174
9%₹32 Cr362,844
↑ 15,527
Infosys Ltd (Technology)
Equity, Since 31 Oct 10 | 500209
8%₹29 Cr190,516
↑ 7,810
Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 31 Oct 10 | 500010
7%₹25 Cr94,580
↑ 4,020
Tata Consultancy Services Ltd (Technology)
Equity, Since 31 Oct 10 | 532540
5%₹17 Cr53,320
↑ 2,186
ITC Ltd (Consumer Defensive)
Equity, Since 29 Feb 12 | 500875
4%₹15 Cr458,334
↑ 19,664
Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 30 Jun 17 | 500247
4%₹14 Cr74,405
↑ 3,051
Axis Bank Ltd (Financial Services)
Equity, Since 31 Dec 13 | 532215
4%₹13 Cr143,938
↑ 5,969
Larsen & Toubro Ltd (Industrials)
Equity, Since 29 Feb 12 | 500510
4%₹13 Cr62,893
↑ 2,579

2. LIC MF Index Fund Sensex

The main investment objective of the fund is to generate returns commensurate with the performance of the index either Nifty / Sensex based on the plans by investing in the respective index stocks subject to tracking errors.

LIC MF Index Fund Sensex is a Others - Index Fund fund was launched on 14 Nov 02. It is a fund with Moderately High risk and has given a CAGR/Annualized return of 13.2% since its launch.  Ranked 79 in Index Fund category.  Return for 2022 was 4.6% , 2021 was 21.9% and 2020 was 15.9% .

Below is the key information for LIC MF Index Fund Sensex

LIC MF Index Fund Sensex
Growth
Launch Date 14 Nov 02
NAV (07 Feb 23) ₹112.16 ↓ -0.41   (-0.36 %)
Net Assets (Cr) ₹70 on 31 Dec 22
Category Others - Index Fund
AMC LIC Mutual Fund Asset Mgmt Co Ltd
Rating
Risk Moderately High
Expense Ratio 0.99
Sharpe Ratio 0.05
Information Ratio -4.2
Alpha Ratio -1.1
Min Investment 5,000
Min SIP Investment 1,000
Exit Load 0-1 Months (1%),1 Months and above(NIL)

Growth of 10,000 investment over the years.

DateValue
31 Jan 18₹10,000
31 Jan 19₹10,062
31 Jan 20₹11,330
31 Jan 21₹12,902
31 Jan 22₹16,159
31 Jan 23₹16,614

LIC MF Index Fund Sensex SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹415,684.
Net Profit of ₹115,684
Invest Now

Returns for LIC MF Index Fund Sensex

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 7 Feb 23

DurationReturns
1 Month 0.6%
3 Month -1.5%
6 Month 3.2%
1 Year 4.8%
3 Year 13.7%
5 Year 12.2%
10 Year
15 Year
Since launch 13.2%
Historical performance (Yearly) on absolute basis
YearReturns
2022 4.6%
2021 21.9%
2020 15.9%
2019 14.6%
2018 5.6%
2017 27.4%
2016 1.6%
2015 -5.4%
2014 29.3%
2013 9.2%
Fund Manager information for LIC MF Index Fund Sensex
NameSinceTenure
Jaiprakash Toshniwal6 Sep 211.32 Yr.

Data below for LIC MF Index Fund Sensex as on 31 Dec 22

Asset Allocation
Asset ClassValue
Cash0.06%
Equity99.94%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Reliance Industries Ltd (Energy)
Equity, Since 31 Mar 09 | 500325
13%₹9 Cr34,767
↑ 5,785
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Mar 09 | 500180
10%₹7 Cr44,267
↑ 7,324
ICICI Bank Ltd (Financial Services)
Equity, Since 30 Apr 09 | 532174
9%₹6 Cr70,715
↑ 11,888
Infosys Ltd (Technology)
Equity, Since 31 Mar 09 | 500209
8%₹6 Cr36,695
↑ 5,831
Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 31 Mar 09 | 500010
7%₹5 Cr18,311
↑ 3,043
Tata Consultancy Services Ltd (Technology)
Equity, Since 31 Mar 09 | 532540
5%₹3 Cr10,321
↑ 1,693
ITC Ltd (Consumer Defensive)
Equity, Since 30 Sep 11 | 500875
4%₹3 Cr88,948
↑ 14,992
Axis Bank Ltd (Financial Services)
Equity, Since 31 Dec 13 | 532215
4%₹3 Cr28,197
↑ 4,948
Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 30 Jun 17 | 500247
4%₹3 Cr14,385
↑ 2,349
Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Mar 09 | 500510
4%₹3 Cr12,194
↑ 2,011

3. LIC MF Index Fund Nifty

The main investment objective of the fund is to generate returns commensurate with the performance of the index either Nifty / Sensex based on the plans by investing in the respective index stocks subject to tracking errors.

LIC MF Index Fund Nifty is a Others - Index Fund fund was launched on 14 Nov 02. It is a fund with Moderately High risk and has given a CAGR/Annualized return of 12.5% since its launch.  Ranked 80 in Index Fund category.  Return for 2022 was 4.7% , 2021 was 23.8% and 2020 was 14.7% .

Below is the key information for LIC MF Index Fund Nifty

LIC MF Index Fund Nifty
Growth
Launch Date 14 Nov 02
NAV (07 Feb 23) ₹97.6657 ↓ -0.24   (-0.24 %)
Net Assets (Cr) ₹54 on 31 Dec 22
Category Others - Index Fund
AMC LIC Mutual Fund Asset Mgmt Co Ltd
Rating
Risk Moderately High
Expense Ratio 0.95
Sharpe Ratio 0.05
Information Ratio -7.42
Alpha Ratio -0.99
Min Investment 5,000
Min SIP Investment 1,000
Exit Load 0-1 Months (1%),1 Months and above(NIL)

Growth of 10,000 investment over the years.

DateValue
31 Jan 18₹10,000
31 Jan 19₹9,773
31 Jan 20₹10,849
31 Jan 21₹12,335
31 Jan 22₹15,659
31 Jan 23₹15,992

LIC MF Index Fund Nifty SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹405,518.
Net Profit of ₹105,518
Invest Now

Returns for LIC MF Index Fund Nifty

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 7 Feb 23

DurationReturns
1 Month -0.9%
3 Month -2.9%
6 Month 1.8%
1 Year 3.2%
3 Year 13.5%
5 Year 11.1%
10 Year
15 Year
Since launch 12.5%
Historical performance (Yearly) on absolute basis
YearReturns
2022 4.7%
2021 23.8%
2020 14.7%
2019 12.6%
2018 2.6%
2017 28.6%
2016 2.7%
2015 -4.1%
2014 31.1%
2013 6.5%
Fund Manager information for LIC MF Index Fund Nifty
NameSinceTenure
Jaiprakash Toshniwal6 Sep 211.32 Yr.

Data below for LIC MF Index Fund Nifty as on 31 Dec 22

Asset Allocation
Asset ClassValue
Cash0.24%
Equity99.76%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Reliance Industries Ltd (Energy)
Equity, Since 31 Mar 12 | RELIANCE
11%₹6 Cr23,109
↑ 261
HDFC Bank Ltd (Financial Services)
Equity, Since 30 Apr 09 | HDFCBANK
9%₹5 Cr29,659
↑ 469
ICICI Bank Ltd (Financial Services)
Equity, Since 30 Apr 09 | ICICIBANK
8%₹4 Cr46,684
↑ 492
Infosys Ltd (Technology)
Equity, Since 31 Jan 03 | INFY
7%₹4 Cr24,561
↑ 254
Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 31 Jan 03 | HDFC
6%₹3 Cr12,191
↑ 173
Tata Consultancy Services Ltd (Technology)
Equity, Since 31 Mar 05 | TCS
4%₹2 Cr6,891
↑ 90
ITC Ltd (Consumer Defensive)
Equity, Since 31 Jan 03 | ITC
4%₹2 Cr59,142
↑ 827
Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 30 Apr 10 | KOTAKBANK
3%₹2 Cr9,837
↑ 77
Larsen & Toubro Ltd (Industrials)
Equity, Since 30 Apr 09 | LT
3%₹2 Cr8,082
↑ 63
Axis Bank Ltd (Financial Services)
Equity, Since 31 Mar 09 | AXISBANK
3%₹2 Cr17,738
↑ 280

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All efforts have been made to ensure the information provided here is accurate. However, no guarantees are made regarding correctness of data. Please verify with scheme information document before making any investment.
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