Index funds · same index, head to head
Nifty 50 index funds compared
16 index funds track the Nifty 50 — same stocks, same weights. Yet the same ₹10,000 monthly SIP over the last 3 years (Direct plans, identical dates) ended between ₹3.43 L and ₹3.47 L: a ₹3,493 gap (0.69 percentage points of XIRR a year) from costs and tracking alone.
| Fund | Data from | 1-yr SIP XIRR | 3-yr SIP XIRR | 5-yr SIP XIRR | ₹10,000/mo for 3 yrs | vs best (3 yrs) | 1-yr return (lump sum) |
|---|---|---|---|---|---|---|---|
| Edelweiss Nifty 50 Index Fund | Nov 2021 | -16.04% | -2.60% | 3.94% | ₹3.47 L | best | -8.77% |
| Navi Nifty 50 Index Fund | Aug 2021 | -16.09% | -2.60% | 3.99% | ₹3.47 L | −₹22 | -8.82% |
| Nippon India Index Fund - Nifty 50 Plan | Jan 2013 | -16.12% | -2.61% | 3.97% | ₹3.46 L | −₹66 | -8.83% |
| Axis Nifty 50 Index Fund | Jan 2022 | -16.14% | -2.63% | — | ₹3.46 L | −₹137 | -8.85% |
| DSP Nifty 50 Index Fund | Mar 2019 | -16.10% | -2.63% | 3.96% | ₹3.46 L | −₹147 | -8.83% |
| Motilal Oswal Nifty 50 Index Fund | Jan 2020 | -16.15% | -2.63% | 3.98% | ₹3.46 L | −₹151 | -8.84% |
| Bandhan Nifty 50 Index Fund | Jan 2013 | -16.16% | -2.66% | 3.97% | ₹3.46 L | −₹286 | -8.88% |
| Franklin India NSE Nifty 50 Index Fund | Jan 2013 | -16.16% | -2.66% | 3.90% | ₹3.46 L | −₹288 | -8.88% |
| Kotak Nifty 50 Index Fund | Jul 2021 | -16.10% | -2.67% | 3.88% | ₹3.46 L | −₹370 | -8.82% |
| UTI Nifty 50 Index Fund | Jan 2013 | -16.20% | -2.68% | 3.93% | ₹3.46 L | −₹397 | -8.90% |
| Aditya Birla Sun Life Nifty 50 Index Fund | Jan 2013 | -16.19% | -2.68% | 3.90% | ₹3.46 L | −₹415 | -8.89% |
| HSBC Nifty 50 Index Fund | Dec 2022 | -16.16% | -2.69% | — | ₹3.46 L | −₹448 | -8.89% |
| SBI Nifty Index Fund | Jan 2013 | -16.25% | -2.74% | 3.89% | ₹3.46 L | −₹706 | -8.97% |
| HDFC Nifty 50 Index Fund | Jan 2013 | -16.28% | -2.75% | 3.87% | ₹3.46 L | −₹741 | -8.98% |
| LIC MF Nifty 50 Index Fund | Jan 2013 | -16.46% | -2.94% | 3.71% | ₹3.45 L | −₹1,754 | -9.26% |
| Taurus Nifty 50 Index Fund | Jan 2013 | -16.59% | -3.29% | 3.20% | ₹3.43 L | −₹3,493 | -9.45% |
Direct plans, official AMFI NAVs as of 4 Oct 2026, SIP on the first business day of each month, identical dates for every fund. Ordered by 3-year SIP XIRR; funds with less history are listed last. Ordering is historical, not a recommendation — check each fund's current expense ratio. Past performance does not indicate future returns.
Questions
Which Nifty 50 index fund has given the best SIP returns?
Over the last 3 years, on identical dates and Direct plans, Edelweiss Nifty 50 Index Fund had the highest SIP XIRR (-2.60%) and Taurus Nifty 50 Index Fund the lowest (-3.29%) among 16 Nifty 50 index funds with 3 years of history. The gap reflects expense ratios and tracking error; it can change, so check costs before choosing.
Why do index funds on the same index give different returns?
They hold the same stocks, so the difference comes from the expense ratio (charged daily inside the NAV), tracking error (how closely the fund follows the index after cash flows, dividends and rebalancing) and cash held for redemptions. Over long periods, a lower expense ratio is the most reliable advantage.
See also: all index funds · other indices · rolling returns by index.