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Top 3 Best Performing Sensex Index Mutual Funds 2024 | Fincash.com

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Best Sensex Index Mutual Funds for Investments 2024 - 2025

Updated on May 13, 2024 , 62343 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 2024

FundNAVNet Assets (Cr)3 MO (%)6 MO (%)1 YR (%)3 YR (%)5 YR (%)2023 (%)
LIC MF Index Fund Sensex Growth ₹136.162
↓ -0.22
₹781.712.418.414.714.619
Nippon India Index Fund - Sensex Plan Growth ₹36.7429
↓ -0.06
₹6351.912.718.915.21519.5
LIC MF Index Fund Nifty Growth ₹122.22
↓ -0.10
₹2961.714.121.314.914.719.8
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 15 May 24

1. 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 13.4% since its launch.  Ranked 79 in Index Fund category.  Return for 2023 was 19% , 2022 was 4.6% and 2021 was 21.9% .

Below is the key information for LIC MF Index Fund Sensex

LIC MF Index Fund Sensex
Growth
Launch Date 14 Nov 02
NAV (15 May 24) ₹136.162 ↓ -0.22   (-0.16 %)
Net Assets (Cr) ₹78 on 31 Mar 24
Category Others - Index Fund
AMC LIC Mutual Fund Asset Mgmt Co Ltd
Rating
Risk Moderately High
Expense Ratio 0.99
Sharpe Ratio 1.57
Information Ratio -8.13
Alpha Ratio -1.08
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
30 Apr 19₹10,000
30 Apr 20₹8,707
30 Apr 21₹12,555
30 Apr 22₹14,673
30 Apr 23₹15,762
30 Apr 24₹19,250

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 ₹436,710.
Net Profit of ₹136,710
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 15 May 24

DurationReturns
1 Month -1.4%
3 Month 1.7%
6 Month 12.4%
1 Year 18.4%
3 Year 14.7%
5 Year 14.6%
10 Year
15 Year
Since launch 13.4%
Historical performance (Yearly) on absolute basis
YearReturns
2023 19%
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%
Fund Manager information for LIC MF Index Fund Sensex
NameSinceTenure
Sumit Bhatnagar3 Oct 230.49 Yr.

Data below for LIC MF Index Fund Sensex as on 31 Mar 24

Asset Allocation
Asset ClassValue
Cash0.11%
Equity99.89%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Mar 09 | HDFCBANK
13%₹10 Cr70,363
↓ -2,289
Reliance Industries Ltd (Energy)
Equity, Since 31 Mar 09 | RELIANCE
12%₹10 Cr31,935
↓ -1,092
ICICI Bank Ltd (Financial Services)
Equity, Since 30 Apr 09 | ICICIBANK
9%₹7 Cr65,105
↓ -2,174
Infosys Ltd (Technology)
Equity, Since 31 Mar 09 | INFY
6%₹5 Cr33,144
↓ -1,155
Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Mar 09 | LT
5%₹4 Cr10,950
↓ -660
ITC Ltd (Consumer Defensive)
Equity, Since 30 Sep 11 | ITC
5%₹4 Cr86,928
↑ 1,859
Tata Consultancy Services Ltd (Technology)
Equity, Since 31 Mar 09 | TCS
5%₹4 Cr9,507
↓ -408
Bharti Airtel Ltd (Communication Services)
Equity, Since 30 Apr 09 | BHARTIARTL
4%₹3 Cr23,484
↓ -754
Axis Bank Ltd (Financial Services)
Equity, Since 31 Dec 13 | 532215
4%₹3 Cr26,305
↓ -670
State Bank of India (Financial Services)
Equity, Since 31 Mar 09 | SBIN
3%₹3 Cr35,799
↓ -1,171

2. 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 10% since its launch.  Ranked 74 in Index Fund category.  Return for 2023 was 19.5% , 2022 was 5% and 2021 was 22.4% .

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 (15 May 24) ₹36.7429 ↓ -0.06   (-0.16 %)
Net Assets (Cr) ₹635 on 31 Mar 24
Category Others - Index Fund
AMC Nippon Life Asset Management Ltd.
Rating
Risk Moderately High
Expense Ratio 0.74
Sharpe Ratio 1.61
Information Ratio -8.21
Alpha Ratio -0.59
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
30 Apr 19₹10,000
30 Apr 20₹8,674
30 Apr 21₹12,587
30 Apr 22₹14,795
30 Apr 23₹15,918
30 Apr 24₹19,531

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 ₹436,710.
Net Profit of ₹136,710
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 15 May 24

DurationReturns
1 Month -1.4%
3 Month 1.9%
6 Month 12.7%
1 Year 18.9%
3 Year 15.2%
5 Year 15%
10 Year
15 Year
Since launch 10%
Historical performance (Yearly) on absolute basis
YearReturns
2023 19.5%
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%
Fund Manager information for Nippon India Index Fund - Sensex Plan
NameSinceTenure
Himanshu Mange23 Dec 230.27 Yr.

Data below for Nippon India Index Fund - Sensex Plan as on 31 Mar 24

Asset Allocation
Asset ClassValue
Cash0.12%
Equity99.88%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Oct 10 | HDFCBANK
13%₹83 Cr571,745
↑ 7,032
Reliance Industries Ltd (Energy)
Equity, Since 31 Oct 10 | RELIANCE
12%₹77 Cr259,731
↑ 2,967
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 10 | ICICIBANK
9%₹58 Cr528,229
↑ 6,764
Infosys Ltd (Technology)
Equity, Since 31 Oct 10 | INFY
6%₹40 Cr268,681
↑ 3,074
Larsen & Toubro Ltd (Industrials)
Equity, Since 29 Feb 12 | LT
5%₹34 Cr88,987
↓ -978
ITC Ltd (Consumer Defensive)
Equity, Since 29 Feb 12 | ITC
5%₹30 Cr704,511
↑ 45,599
Tata Consultancy Services Ltd (Technology)
Equity, Since 31 Oct 10 | TCS
5%₹30 Cr77,120
↑ 881
Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Oct 10 | BHARTIARTL
4%₹23 Cr190,665
↑ 2,461
Axis Bank Ltd (Financial Services)
Equity, Since 31 Dec 13 | 532215
4%₹22 Cr213,633
↑ 2,615
State Bank of India (Financial Services)
Equity, Since 31 Oct 10 | SBIN
3%₹22 Cr288,869
↑ 3,301

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 12.9% since its launch.  Ranked 80 in Index Fund category.  Return for 2023 was 19.8% , 2022 was 4.7% and 2021 was 23.8% .

Below is the key information for LIC MF Index Fund Nifty

LIC MF Index Fund Nifty
Growth
Launch Date 14 Nov 02
NAV (15 May 24) ₹122.22 ↓ -0.10   (-0.08 %)
Net Assets (Cr) ₹296 on 31 Mar 24
Category Others - Index Fund
AMC LIC Mutual Fund Asset Mgmt Co Ltd
Rating
Risk Moderately High
Expense Ratio 0.94
Sharpe Ratio 1.8
Information Ratio -10.87
Alpha Ratio -1.25
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
30 Apr 19₹10,000
30 Apr 20₹8,443
30 Apr 21₹12,463
30 Apr 22₹14,564
30 Apr 23₹15,427
30 Apr 24₹19,275

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 ₹436,710.
Net Profit of ₹136,710
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 15 May 24

DurationReturns
1 Month -1.3%
3 Month 1.7%
6 Month 14.1%
1 Year 21.3%
3 Year 14.9%
5 Year 14.7%
10 Year
15 Year
Since launch 12.9%
Historical performance (Yearly) on absolute basis
YearReturns
2023 19.8%
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%
Fund Manager information for LIC MF Index Fund Nifty
NameSinceTenure
Sumit Bhatnagar3 Oct 230.5 Yr.

Data below for LIC MF Index Fund Nifty as on 31 Mar 24

Asset Allocation
Asset ClassValue
Cash0.38%
Equity99.62%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
HDFC Bank Ltd (Financial Services)
Equity, Since 30 Apr 09 | HDFCBANK
11%₹33 Cr225,566
↑ 7,555
Reliance Industries Ltd (Energy)
Equity, Since 31 Mar 12 | RELIANCE
10%₹30 Cr101,441
↑ 3,337
ICICI Bank Ltd (Financial Services)
Equity, Since 30 Apr 09 | ICICIBANK
8%₹23 Cr210,841
↑ 7,673
Infosys Ltd (Technology)
Equity, Since 31 Jan 03 | INFY
5%₹16 Cr106,716
↑ 2,691
Larsen & Toubro Ltd (Industrials)
Equity, Since 30 Apr 09 | LT
5%₹13 Cr35,368
↑ 1,124
Tata Consultancy Services Ltd (Technology)
Equity, Since 31 Mar 05 | TCS
4%₹12 Cr30,414
↑ 1,068
ITC Ltd (Consumer Defensive)
Equity, Since 31 Jan 03 | ITC
4%₹11 Cr265,537
↑ 8,059
Bharti Airtel Ltd (Communication Services)
Equity, Since 30 Apr 09 | BHARTIARTL
3%₹10 Cr77,804
↑ 4,583
Axis Bank Ltd (Financial Services)
Equity, Since 31 Mar 09 | 532215
3%₹9 Cr85,019
↑ 4,097
State Bank of India (Financial Services)
Equity, Since 30 Apr 09 | SBIN
3%₹9 Cr114,640
↑ 3,706

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Disclaimer:
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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