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Best Sensex Index Mutual Funds for Investments 2026 - 2027

Updated on June 17, 2026 , 63933 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

Fund Selection Methodology used to find 10 funds

  • Keyword: “sensex”
  • Tags: sensex
  • No Of Funds: 10

Top 3 Best Performing Sensex Index Funds 2026

FundNAVNet Assets (Cr)3 MO (%)6 MO (%)1 YR (%)3 YR (%)5 YR (%)2024 (%)
Nippon India Index Fund - Sensex Plan Growth ₹39.2314
↓ -0.22 		₹8943.8-9.3-57.48.69.8
LIC MF Index Fund Sensex Growth ₹143.673
↓ -0.82 		₹883.8-9.5-5.56.88.19.1
LIC MF Index Fund Nifty Growth ₹132.629
↓ -0.61 		₹3564.6-7.5-38.6910.7
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 19 Jun 26

Research Highlights & Commentary of 3 Funds showcased

CommentaryNippon India Index Fund - Sensex PlanLIC MF Index Fund SensexLIC MF Index Fund Nifty
Point 1Highest AUM (₹894 Cr).Bottom quartile AUM (₹88 Cr).Lower mid AUM (₹356 Cr).
Point 2Established history (15+ yrs).Oldest track record among peers (23 yrs).Established history (23+ yrs).
Point 3Top rated.Rating: 1★ (lower mid).Rating: 1★ (bottom quartile).
Point 4Risk profile: Moderately High.Risk profile: Moderately High.Risk profile: Moderately High.
Point 55Y return: 8.61% (lower mid).5Y return: 8.11% (bottom quartile).5Y return: 8.97% (upper mid).
Point 63Y return: 7.40% (lower mid).3Y return: 6.81% (bottom quartile).3Y return: 8.63% (upper mid).
Point 71Y return: -4.96% (lower mid).1Y return: -5.45% (bottom quartile).1Y return: -2.99% (upper mid).
Point 81M return: 2.44% (upper mid).1M return: 2.39% (lower mid).1M return: 1.94% (bottom quartile).
Point 9Alpha: -0.53 (upper mid).Alpha: -1.14 (bottom quartile).Alpha: -1.10 (lower mid).
Point 10Sharpe: -0.75 (lower mid).Sharpe: -0.79 (bottom quartile).Sharpe: -0.57 (upper mid).

Nippon India Index Fund - Sensex Plan

  • Highest AUM (₹894 Cr).
  • Established history (15+ yrs).
  • Top rated.
  • Risk profile: Moderately High.
  • 5Y return: 8.61% (lower mid).
  • 3Y return: 7.40% (lower mid).
  • 1Y return: -4.96% (lower mid).
  • 1M return: 2.44% (upper mid).
  • Alpha: -0.53 (upper mid).
  • Sharpe: -0.75 (lower mid).

LIC MF Index Fund Sensex

  • Bottom quartile AUM (₹88 Cr).
  • Oldest track record among peers (23 yrs).
  • Rating: 1★ (lower mid).
  • Risk profile: Moderately High.
  • 5Y return: 8.11% (bottom quartile).
  • 3Y return: 6.81% (bottom quartile).
  • 1Y return: -5.45% (bottom quartile).
  • 1M return: 2.39% (lower mid).
  • Alpha: -1.14 (bottom quartile).
  • Sharpe: -0.79 (bottom quartile).

LIC MF Index Fund Nifty

  • Lower mid AUM (₹356 Cr).
  • Established history (23+ yrs).
  • Rating: 1★ (bottom quartile).
  • Risk profile: Moderately High.
  • 5Y return: 8.97% (upper mid).
  • 3Y return: 8.63% (upper mid).
  • 1Y return: -2.99% (upper mid).
  • 1M return: 1.94% (bottom quartile).
  • Alpha: -1.10 (lower mid).
  • Sharpe: -0.57 (upper mid).

About the Fincash Research Team

At Fincash, our mission is to help investors make informed, confident decisions. With over 10 years in Mutual Fund distribution, our team blends deep industry expertise with a commitment to transparency, accuracy, and investor education.

Who We Are

AMFI Registration No.
112358
MCA CIN
U74999MH2016PTC282153
Location
Thane, Maharashtra, India
Experience
10+ years in Mutual Fund distribution

Our Expertise

  • Certified Mutual Fund Distributors with hands-on advisory experience.
  • Market analysts tracking performance, macro trends, and sectors.
  • Data specialists processing NAVs, allocations, and risk metrics from Morning Star.

Our Research Process

  • Data sourcing: SEBI-registered fund houses & verified third-party provider Morning Star
  • Screening: Returns, manager track record, expenses, sector mix, risk-adjusted metrics.
  • Expert review: Senior team members review every article and list for accuracy.
  • Updates: Regular refreshes so performance data reflects current market conditions.

Why Trust Us

  • Regulated & compliant: AMFI-registered and MCA-incorporated.
  • Investor-first: No pay-to-promote lists; suitability and performance drive coverage.
  • Education-focused: We simplify complex concepts for everyday investors.

Disclaimer

Content is for educational and informational purposes only and is not investment advice. Please consider your risk profile and consult a financial advisor before investing.

Written by: Fincash Research Team
Reviewed by:Pawan, Founder, Fincash.com

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.

Research Highlights for Nippon India Index Fund - Sensex Plan

  • Highest AUM (₹894 Cr).
  • Established history (15+ yrs).
  • Top rated.
  • Risk profile: Moderately High.
  • 5Y return: 8.61% (lower mid).
  • 3Y return: 7.40% (lower mid).
  • 1Y return: -4.96% (lower mid).
  • 1M return: 2.44% (upper mid).
  • Alpha: -0.53 (upper mid).
  • Sharpe: -0.75 (lower mid).
  • Information ratio: -10.31 (upper mid).

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 (19 Jun 26) ₹39.2314 ↓ -0.22   (-0.57 %)
Net Assets (Cr) ₹894 on 31 May 26
Category Others - Index Fund
AMC Nippon Life Asset Management Ltd.
Rating ☆☆
Risk Moderately High
Expense Ratio 0.49
Sharpe Ratio -0.75
Information Ratio -10.31
Alpha Ratio -0.53
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 May 21₹10,000
31 May 22₹10,782
31 May 23₹12,193
31 May 24₹14,502
31 May 25₹16,054
31 May 26₹14,821

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 ₹376,357.
Net Profit of ₹76,357 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 19 Jun 26

DurationReturns
1 Month 2.4%
3 Month 3.8%
6 Month -9.3%
1 Year -5%
3 Year 7.4%
5 Year 8.6%
10 Year
15 Year
Since launch 9.1%
Historical performance (Yearly) on absolute basis
YearReturns
2024 9.8%
2023 8.9%
2022 19.5%
2021 5%
2020 22.4%
2019 16.6%
2018 14.2%
2017 6.2%
2016 27.9%
2015 2%
Fund Manager information for Nippon India Index Fund - Sensex Plan
NameSinceTenure
Himanshu Mange23 Dec 232.44 Yr.

Data below for Nippon India Index Fund - Sensex Plan as on 31 May 26

Asset Allocation
Asset ClassValue
Cash0.02%
Equity99.98%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Oct 10 | HDFCBANK		13%₹118 Cr1,533,384
↑ 14,744
Reliance Industries Ltd (Energy)
Equity, Since 31 Oct 10 | RELIANCE		11%₹97 Cr680,949
↑ 6,548
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 10 | 532174		10%₹91 Cr720,340
↑ 6,926
Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Oct 10 | BHARTIARTL		6%₹54 Cr286,928
↑ 2,759
Larsen & Toubro Ltd (Industrials)
Equity, Since 29 Feb 12 | LT		5%₹47 Cr117,674
↑ 1,131
State Bank of India (Financial Services)
Equity, Since 31 Oct 10 | SBIN		5%₹45 Cr418,033
↑ 4,020
Infosys Ltd (Technology)
Equity, Since 31 Oct 10 | INFY		5%₹41 Cr350,993
↑ 3,375
Axis Bank Ltd (Financial Services)
Equity, Since 31 Dec 13 | 532215		4%₹36 Cr287,666
↑ 2,766
ITC Ltd (Consumer Defensive)
Equity, Since 29 Feb 12 | ITC		3%₹31 Cr970,918
↑ 9,336
Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 30 Jun 17 | KOTAKBANK		3%₹28 Cr740,733
↑ 7,123

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.

Research Highlights for LIC MF Index Fund Sensex

  • Bottom quartile AUM (₹88 Cr).
  • Oldest track record among peers (23 yrs).
  • Rating: 1★ (lower mid).
  • Risk profile: Moderately High.
  • 5Y return: 8.11% (bottom quartile).
  • 3Y return: 6.81% (bottom quartile).
  • 1Y return: -5.45% (bottom quartile).
  • 1M return: 2.39% (lower mid).
  • Alpha: -1.14 (bottom quartile).
  • Sharpe: -0.79 (bottom quartile).
  • Information ratio: -10.40 (lower mid).

Below is the key information for LIC MF Index Fund Sensex

LIC MF Index Fund Sensex
Growth
Launch Date 14 Nov 02
NAV (19 Jun 26) ₹143.673 ↓ -0.82   (-0.57 %)
Net Assets (Cr) ₹88 on 31 May 26
Category Others - Index Fund
AMC LIC Mutual Fund Asset Mgmt Co Ltd
Rating ☆
Risk Moderately High
Expense Ratio 0.98
Sharpe Ratio -0.79
Information Ratio -10.4
Alpha Ratio -1.14
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 May 21₹10,000
31 May 22₹10,718
31 May 23₹12,107
31 May 24₹14,328
31 May 25₹15,765
31 May 26₹14,479

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 ₹376,357.
Net Profit of ₹76,357 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 19 Jun 26

DurationReturns
1 Month 2.4%
3 Month 3.8%
6 Month -9.5%
1 Year -5.5%
3 Year 6.8%
5 Year 8.1%
10 Year
15 Year
Since launch 12.4%
Historical performance (Yearly) on absolute basis
YearReturns
2024 9.1%
2023 8.2%
2022 19%
2021 4.6%
2020 21.9%
2019 15.9%
2018 14.6%
2017 5.6%
2016 27.4%
2015 1.6%
Fund Manager information for LIC MF Index Fund Sensex
NameSinceTenure
Nikhil Kapoor7 Apr 260.15 Yr.

Data below for LIC MF Index Fund Sensex as on 31 May 26

Asset Allocation
Asset ClassValue
Cash0.21%
Equity99.79%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Mar 09 | HDFCBANK		13%₹12 Cr152,232
↑ 790
Reliance Industries Ltd (Energy)
Equity, Since 31 Mar 09 | RELIANCE		11%₹10 Cr67,707
↑ 252
ICICI Bank Ltd (Financial Services)
Equity, Since 30 Apr 09 | 532174		10%₹9 Cr71,561
↑ 485
Bharti Airtel Ltd (Communication Services)
Equity, Since 30 Apr 09 | BHARTIARTL		6%₹5 Cr28,461
↑ 673
Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Mar 09 | LT		5%₹5 Cr11,688
↑ 43
State Bank of India (Financial Services)
Equity, Since 31 Mar 09 | SBIN		5%₹4 Cr41,523
↑ 154
Infosys Ltd (Technology)
Equity, Since 31 Mar 09 | INFY		5%₹4 Cr34,852
↓ -695
Axis Bank Ltd (Financial Services)
Equity, Since 31 Dec 13 | 532215		4%₹4 Cr28,444
↑ 105
ITC Ltd (Consumer Defensive)
Equity, Since 30 Sep 11 | ITC		3%₹3 Cr96,247
↑ 358
Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 30 Jun 17 | KOTAKBANK		3%₹3 Cr73,198
↑ 272

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.

Research Highlights for LIC MF Index Fund Nifty

  • Lower mid AUM (₹356 Cr).
  • Established history (23+ yrs).
  • Rating: 1★ (bottom quartile).
  • Risk profile: Moderately High.
  • 5Y return: 8.97% (upper mid).
  • 3Y return: 8.63% (upper mid).
  • 1Y return: -2.99% (upper mid).
  • 1M return: 1.94% (bottom quartile).
  • Alpha: -1.10 (lower mid).
  • Sharpe: -0.57 (upper mid).
  • Information ratio: -16.80 (bottom quartile).

Below is the key information for LIC MF Index Fund Nifty

LIC MF Index Fund Nifty
Growth
Launch Date 14 Nov 02
NAV (19 Jun 26) ₹132.629 ↓ -0.61   (-0.45 %)
Net Assets (Cr) ₹356 on 31 May 26
Category Others - Index Fund
AMC LIC Mutual Fund Asset Mgmt Co Ltd
Rating ☆
Risk Moderately High
Expense Ratio 0.94
Sharpe Ratio -0.57
Information Ratio -16.8
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 May 21₹10,000
31 May 22₹10,671
31 May 23₹11,929
31 May 24₹14,505
31 May 25₹15,932
31 May 26₹15,158

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 ₹376,357.
Net Profit of ₹76,357 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 19 Jun 26

DurationReturns
1 Month 1.9%
3 Month 4.6%
6 Month -7.5%
1 Year -3%
3 Year 8.6%
5 Year 9%
10 Year
15 Year
Since launch 12%
Historical performance (Yearly) on absolute basis
YearReturns
2024 10.7%
2023 8.8%
2022 19.8%
2021 4.7%
2020 23.8%
2019 14.7%
2018 12.6%
2017 2.6%
2016 28.6%
2015 2.7%
Fund Manager information for LIC MF Index Fund Nifty
NameSinceTenure
Nikhil Kapoor7 Apr 260.15 Yr.

Data below for LIC MF Index Fund Nifty as on 31 May 26

Asset Allocation
Asset ClassValue
Cash0.16%
Equity99.84%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
HDFC Bank Ltd (Financial Services)
Equity, Since 30 Apr 09 | HDFCBANK		11%₹39 Cr500,440
↓ -22
Reliance Industries Ltd (Energy)
Equity, Since 31 Mar 12 | RELIANCE		9%₹32 Cr221,418
↑ 1,027
ICICI Bank Ltd (Financial Services)
Equity, Since 30 Apr 09 | ICICIBANK		8%₹30 Cr234,183
↑ 410
Bharti Airtel Ltd (Communication Services)
Equity, Since 30 Apr 09 | BHARTIARTL		5%₹19 Cr100,622
↑ 2,643
Larsen & Toubro Ltd (Industrials)
Equity, Since 30 Apr 09 | LT		4%₹15 Cr38,361
State Bank of India (Financial Services)
Equity, Since 30 Apr 09 | SBIN		4%₹14 Cr135,611
Infosys Ltd (Technology)
Equity, Since 31 Jan 03 | INFY		4%₹14 Cr114,791
Axis Bank Ltd (Financial Services)
Equity, Since 31 Mar 09 | 532215		3%₹12 Cr93,632
ITC Ltd (Consumer Defensive)
Equity, Since 31 Jan 03 | ITC		3%₹10 Cr314,792
↑ 2,299
Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 30 Apr 10 | KOTAKBANK		3%₹9 Cr240,440
↑ 2,499

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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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