Top 7 Index Mutual Funds in 10 Years: Rs 2 lakh investment in top fund has become Rs 9.64 lakh
A fund may follow the Nifty or the BSE index. E.g. If it is a Nifty 50 index fund, it will invest in the same stocks in the same proportions as stocks in the Nifty 50 index. If some companies slip from the Nifty 50 and the new companies replace them, the fund manager also changes the combination of stocks in the fund he is running.
Top 7 Index Mutual Funds in 10 Years: Index funds represent one of the most stable categories of mutual funds that follow a particular index. The fund manager has the same stocks in the fund's portfolio as in the index it follows. A fund may follow the Nifty or the BSE index. E.g. If it is a Nifty 50 index fund, it will invest in the same stocks in the same proportions as stocks in the Nifty 50 index. If some companies slip from the Nifty 50 and the new companies replace them, the fund manager also changes the combination of stocks in the fund he is running.
Index funds in the long run may be stable if they follow the leading indices, such as Nifty 50 as leading indices have large-cap financially stable companies.
Many of the index funds have performed consistently over the past decade. Here, we take you through the performances of the top 7 index mutual funds in the
ICICI Prudential Nifty Next 50 Index Fund
The fund at No. 1 has given a CAGR of 16.28 per cent in the 10-year period. Benchmarked against NIFTY Next 50 Total Return Index, the fund's assets under management (AUM) are Rs 5,303.00 crore, while its net asset value (NAV) is worth Rs 63.0628.
An investment of Rs 2 lakh in the fund 10 years ago has become Rs 9,03,816.42.
LIC MF Nifty Next 50 Index Fund
The fund from LIC has given annualised returns of 16.16 per cent in the 10-year period.
This is also benchmarked against NIFTY Next 50 Total Return Index.
It has an AUM of just Rs 84.80 crore, while its NAV size is Rs 55.2625.
A Rs 2 lakh investment in the fund 10 years ago has turned into Rs 8,94,532.3 as of today's date.
Bandhan Nifty 50 Index Fund
The index fund has given an annual return of 13.14 per cent in the 10-year period.
Benchmarked against NIFTY 50 Total Return Index, the fund has an AUM of Rs 1,252.33 crore and an NAV of Rs 49.4351.
If one had invested Rs 2 lakh in the fund 10 years ago, they would have a total of Rs 6,87,371.85.
UTI Nifty 50 Index Fund
The fund from UTI has a CAGR of 13.07 per cent in the 10-year period.
The fund benchmarked against NIFTY 50 Total Return Index has an AUM of Rs 16,939.96 crore, while its NAV is worth Rs 155.3296.
An investment of Rs 2 lakh in the fund has given a total of Rs 6,83,130.88.
HDFC Index Fund Nifty 50 Plan
The fund has given annualised returns of 13.06 per cent in the 10 years.
With an AUM of Rs 14,148.37 crore, the fund has an NAV of Rs 216.2251.
It is also benchmarked against NIFTY 50 Total Return Index. A Rs 2 lakh investment in the fund made 10 years ago holds a total value of Rs 6,82,526.95 as of today's date.
Sundaram Nifty 100 Equal Weight Fund
The index fund has a 10-year CAGR of 13.01 per cent.
It has its benchmark the NIFTY 100 Equal Weighted Total Return Index.
With an AUM of just Rs 79.23 crore, it has an NAV of Rs 173.6947.
A Rs 2 lakh investment in the fund 10 years ago has become Rs 6,79,514.53.
ICICI Prudential Nifty 50 Index Fund
The fund has given an annual return of 12.94 per cent in the 10 years.
Benchmarked against NIFTY 50 Total Return Index, the fund has an AUM of Rs 8,934.24 crore and an NAV of Rs 233.7247.
An investor's investment of Rs 2 lakh in the fund 10 years ago has turned into Rs 6,75,317.23
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