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 October 10, 2024 , 62676 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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Top 3 Best Performing Sensex Index Funds 2024

Fund	NAV	Net Assets (Cr)	3 MO (%)	6 MO (%)	1 YR (%)	3 YR (%)	5 YR (%)	2023 (%)
Nippon India Index Fund - Sensex Plan Growth	₹41.1371 ↓ -0.12	₹745	2	9.1	23.2	11.3	17	19.5
LIC MF Index Fund Sensex Growth	₹152.052 ↓ -0.44	₹86	1.8	8.7	22.5	10.8	16.6	19
LIC MF Index Fund Nifty Growth	₹137.633 ↓ -0.20	₹333	2.6	10	26.1	11.7	17.2	19.8
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 11 Oct 24

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 10.6% 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 (11 Oct 24)	₹41.1371 ↓ -0.12 (-0.28 %)
Net Assets (Cr)	₹745 on 31 Aug 24
Category	Others - Index Fund
AMC	Nippon Life Asset Management Ltd.
Rating	☆☆
Risk	Moderately High
Expense Ratio	0.58
Sharpe Ratio	1.69
Information Ratio	-8.01
Alpha Ratio	-0.58
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.

Date	Value
30 Sep 19	₹10,000
30 Sep 20	₹9,890
30 Sep 21	₹15,421
30 Sep 22	₹15,070
30 Sep 23	₹17,365
30 Sep 24	₹22,376

Nippon India Index Fund - Sensex Plan SIP Returns

Total investment amount is ₹300,000
expected amount after 5 Years is ₹458,689.
Net Profit of ₹158,689 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 11 Oct 24

Duration	Returns
1 Month	-0.2%
3 Month	2%
6 Month	9.1%
1 Year	23.2%
3 Year	11.3%
5 Year	17%
10 Year
15 Year
Since launch	10.6%

Historical performance (Yearly) on absolute basis

Year	Returns
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

Name	Since	Tenure
Himanshu Mange	23 Dec 23	0.69 Yr.

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

Asset Allocation

Asset Class	Value
Cash	0.03%
Equity	99.97%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
HDFC Bank Ltd (Financial Services) Equity, Since 31 Oct 10 \| 500180	13%	₹97 Cr	593,345 ↑ 5,674
Reliance Industries Ltd (Energy) Equity, Since 31 Oct 10 \| 500325	11%	₹81 Cr	266,662 ↑ 2,550
ICICI Bank Ltd (Financial Services) Equity, Since 31 Oct 10 \| 532174	9%	₹68 Cr	554,096 ↑ 5,298
Infosys Ltd (Technology) Equity, Since 31 Oct 10 \| 500209	7%	₹55 Cr	284,712 ↑ 2,722
ITC Ltd (Consumer Defensive) Equity, Since 29 Feb 12 \| 500875	5%	₹37 Cr	728,265 ↑ 6,963
Tata Consultancy Services Ltd (Technology) Equity, Since 31 Oct 10 \| TCS	5%	₹36 Cr	79,858 ↑ 764
Larsen & Toubro Ltd (Industrials) Equity, Since 29 Feb 12 \| 500510	5%	₹34 Cr	92,113 ↑ 880
Bharti Airtel Ltd (Communication Services) Equity, Since 31 Oct 10 \| 532454	4%	₹33 Cr	210,202 ↑ 2,010
Axis Bank Ltd (Financial Services) Equity, Since 31 Dec 13 \| 532215	3%	₹26 Cr	221,524 ↑ 2,118
State Bank of India (Financial Services) Equity, Since 31 Oct 10 \| 500112	3%	₹25 Cr	302,508 ↑ 2,892

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 13.7% 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 (11 Oct 24)	₹152.052 ↓ -0.44 (-0.29 %)
Net Assets (Cr)	₹86 on 31 Aug 24
Category	Others - Index Fund
AMC	LIC Mutual Fund Asset Mgmt Co Ltd
Rating	☆
Risk	Moderately High
Expense Ratio	0.98
Sharpe Ratio	1.65
Information Ratio	0
Alpha Ratio	0
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.

Date	Value
30 Sep 19	₹10,000
30 Sep 20	₹9,891
30 Sep 21	₹15,314
30 Sep 22	₹14,902
30 Sep 23	₹17,143
30 Sep 24	₹21,972

LIC MF Index Fund Sensex SIP Returns

Total investment amount is ₹300,000
expected amount after 5 Years is ₹458,689.
Net Profit of ₹158,689 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 11 Oct 24

Duration	Returns
1 Month	-0.3%
3 Month	1.8%
6 Month	8.7%
1 Year	22.5%
3 Year	10.8%
5 Year	16.6%
10 Year
15 Year
Since launch	13.7%

Historical performance (Yearly) on absolute basis

Year	Returns
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

Name	Since	Tenure
Sumit Bhatnagar	3 Oct 23	0.91 Yr.

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

Asset Allocation

Asset Class	Value
Equity	100.03%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
HDFC Bank Ltd (Financial Services) Equity, Since 31 Mar 09 \| 500180	13%	₹11 Cr	68,629 ↓ -377
Reliance Industries Ltd (Energy) Equity, Since 31 Mar 09 \| 500325	11%	₹9 Cr	31,162 ↓ -130
ICICI Bank Ltd (Financial Services) Equity, Since 30 Apr 09 \| 532174	9%	₹8 Cr	64,515 ↑ 34
Infosys Ltd (Technology) Equity, Since 31 Mar 09 \| 500209	7%	₹6 Cr	33,085
ITC Ltd (Consumer Defensive) Equity, Since 30 Sep 11 \| 500875	5%	₹4 Cr	84,740 ↑ 1,038
Tata Consultancy Services Ltd (Technology) Equity, Since 31 Mar 09 \| TCS	5%	₹4 Cr	9,257 ↑ 61
Larsen & Toubro Ltd (Industrials) Equity, Since 31 Mar 09 \| 500510	5%	₹4 Cr	10,727 ↑ 95
Bharti Airtel Ltd (Communication Services) Equity, Since 30 Apr 09 \| 532454	4%	₹4 Cr	24,256 ↓ -149
Axis Bank Ltd (Financial Services) Equity, Since 31 Dec 13 \| 532215	4%	₹3 Cr	25,783 ↑ 06
State Bank of India (Financial Services) Equity, Since 31 Mar 09 \| 500112	3%	₹3 Cr	35,037 ↓ -335

3. LIC MF Index Fund Nifty

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 13.2% 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 (11 Oct 24)	₹137.633 ↓ -0.20 (-0.15 %)
Net Assets (Cr)	₹333 on 31 Aug 24
Category	Others - Index Fund
AMC	LIC Mutual Fund Asset Mgmt Co Ltd
Rating	☆
Risk	Moderately High
Expense Ratio	0.95
Sharpe Ratio	1.98
Information Ratio	-10.64
Alpha Ratio	-1.11
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.

Date	Value
30 Sep 19	₹10,000
30 Sep 20	₹9,806
30 Sep 21	₹15,308
30 Sep 22	₹14,898
30 Sep 23	₹17,099
30 Sep 24	₹22,490

LIC MF Index Fund Nifty SIP Returns

Total investment amount is ₹300,000
expected amount after 5 Years is ₹470,047.
Net Profit of ₹170,047 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 11 Oct 24

Duration	Returns
1 Month	0.1%
3 Month	2.6%
6 Month	10%
1 Year	26.1%
3 Year	11.7%
5 Year	17.2%
10 Year
15 Year
Since launch	13.2%

Historical performance (Yearly) on absolute basis

Year	Returns
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

Name	Since	Tenure
Sumit Bhatnagar	3 Oct 23	0.91 Yr.

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

Asset Allocation

Asset Class	Value
Cash	0.08%
Equity	99.92%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
HDFC Bank Ltd (Financial Services) Equity, Since 30 Apr 09 \| 500180	11%	₹37 Cr	224,392 ↑ 706
Reliance Industries Ltd (Energy) Equity, Since 31 Mar 12 \| 500325	9%	₹30 Cr	100,573 ↑ 311
ICICI Bank Ltd (Financial Services) Equity, Since 30 Apr 09 \| 532174	8%	₹26 Cr	209,047 ↑ 64
Infosys Ltd (Technology) Equity, Since 31 Jan 03 \| 500209	6%	₹21 Cr	107,281 ↑ 160
ITC Ltd (Consumer Defensive) Equity, Since 31 Jan 03 \| 500875	4%	₹14 Cr	273,147 ↓ -1,345
Tata Consultancy Services Ltd (Technology) Equity, Since 31 Mar 05 \| TCS	4%	₹14 Cr	30,073 ↓ -17
Larsen & Toubro Ltd (Industrials) Equity, Since 30 Apr 09 \| 500510	4%	₹13 Cr	34,654 ↓ -133
Bharti Airtel Ltd (Communication Services) Equity, Since 30 Apr 09 \| 532454	4%	₹13 Cr	79,149 ↓ -302
Axis Bank Ltd (Financial Services) Equity, Since 31 Mar 09 \| 532215	3%	₹10 Cr	84,177 ↓ -299
State Bank of India (Financial Services) Equity, Since 30 Apr 09 \| 500112	3%	₹9 Cr	114,057 ↑ 77

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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.