Low-cost index funds

80 funds match this screen, ranked on expense ratio. Which index funds charge the least?

Criteria: Index funds and ETFs with a total expense ratio of 0.30% or lower.

An index fund has no stock-picking to pay for, so cost is very nearly the whole story — two funds tracking the same index differ mainly by what they charge. Index expense runs from 0.11% to 0.63% here, so the gap between the cheapest and dearest tracker of the same index is real money over a decade.

Low-cost index funds, ranked by expense ratio

#
1BANDHAN CRISIL IBX 90:10 SDL PLUS GILT APRIL 2032 INDEX FUND - DIRECT GROWTHGoldIndex Funds0.09%+7.92%0%-2.3%+7.96%₹393 Cr
2BANDHAN CRISIL IBX 90:10 SDL PLUS GILT - SEP27 INDEX FUND - DIRECT GROWTHSilverIndex Funds0.09%+7.71%0%-0.4%+7.70%₹143 Cr
3Navi Nifty 50 Index Fund-Direct Plan-GrowthIndex Funds0.10%+13.04%58%-16.6%+8.91%₹4,148 Cr
4Kotak Nifty 50 Index Fund - Direct Plan-GrowthIndex Funds0.13%+12.99%56%-16.4%+8.81%₹1,172 Cr
5Edelweiss Nifty 50 Index Fund Direct Plan GrowthIndex Funds0.13%+12.62%49%-16.6%+8.88%₹304 Cr
6BANDHAN Nifty 50 Index Fund-Direct Plan-GrowthIndex Funds0.14%+13.21%55%-37.6%+8.88%₹2,797 Cr
7Axis CRISIL IBX SDL May 2027 Index Fund - Direct Plan - GrowthSilverIndex Funds0.15%+7.76%0%-3.6%+7.61%₹1,862 Cr
8Nippon India Nifty AAA CPSE Bond Plus SDL - Apr 2027 Maturity 60:40 Index Fund - Direct Plan - Growth OptionBronzeIndex Funds0.15%+7.52%0%-3.3%+7.46%₹2,906 Cr
9DSP CRISIL-IBX 50:50 Gilt Plus SDL - April 2033 Index Fund - Direct - GrowthSilverIndex Funds0.15%+7.70%0%-1.8%+7.95%₹285 Cr
10HSBC CRISIL IBX Gilt June 2027 Index Fund - Direct - GrowthIndex Funds0.15%+7.31%0%-0.5%+7.44%₹182 Cr
11BANDHAN NIFTY 100 INDEX FUND - DIRECT PLAN - GROWTHIndex Funds0.16%+13.44%67%-17.3%+10.72%₹254 Cr
12DSP Nifty SDL Plus G-Sec Jun 2028 30:70 Index Fund - Direct - GrowthSilverIndex Funds0.16%+7.95%0%-2.7%+7.63%₹1,659 Cr
13HDFC Nifty G-Sec July 2031 Index Fund - Growth Option - Direct PlanSilverIndex Funds0.16%+8.19%0%-2.2%+8.22%₹638 Cr
14UTI CRISIL SDL Maturity April 2033 Index Fund - Direct Plan - Growth OptionGoldIndex Funds0.16%+7.60%0%-2.2%+7.66%₹272 Cr
15Axis Nifty 50 Index Fund - Direct Plan - GrowthIndex Funds0.17%+12.87%55%-15.8%+8.89%₹1,026 Cr
16ICICI Prudential Nifty SDL Sep 2027 Index Fund - Direct Plan - GrowthPlatinumIndex Funds0.18%+7.82%0%-3.8%+7.66%₹1,456 Cr
17Edelweiss CRISIL IBX 50:50 Gilt Plus SDL April 2037 Index Fund - Direct Plan - GrowthGoldIndex Funds0.18%+7.88%0%-2.9%+7.81%₹899 Cr
18Mirae Asset CRISIL IBX Gilt Index - April 2033 Index Fund - Direct Plan - GrowthSilverIndex Funds0.18%+8.11%0%-2.3%+8.06%₹211 Cr
19Motilal Oswal Nifty 50 Index Fund - Direct plan - GrowthIndex Funds0.19%+14.80%76%-37.3%+8.92%₹904 Cr
20HSBC CRISIL IBX 50:50 Gilt Plus SDL Apr 2028 Index Fund - Direct - GrowthIndex Funds0.19%+7.91%0%-2.4%+7.60%₹1,768 Cr
21ICICI Prudential Nifty SDL Dec 2028 Index Fund - Direct Plan - GrowthPlatinumIndex Funds0.19%+8.05%0%-1.2%+7.73%₹831 Cr
22HDFC Nifty G-Sec Sep 2032 Index Fund - Growth Option - Direct PlanSilverIndex Funds0.19%+8.06%0%-2.3%+8.22%₹629 Cr
23Tata Nifty G-Sec Dec 2029 Index Fund - Direct Plan - GrowthSilverIndex Funds0.19%+7.81%0%-1.1%+7.95%₹134 Cr
24Axis CRISIL IBX 50:50 Gilt Plus SDL June 2028 Index Fund - Direct Plan - GrowthSilverIndex Funds0.19%+7.54%0%-0.8%+7.64%₹336 Cr
25BANDHAN CRISIL IBX Gilt June 2027 Index Fund Direct Plan-GrowthIndex Funds0.20%+7.26%0%-3.1%+7.42%₹5,312 Cr
26BANDHAN CRISIL IBX Gilt April 2028 Index Fund Direct Plan-GrowthIndex Funds0.20%+7.37%0%-2.9%+7.56%₹3,407 Cr
27ICICI Prudential Nifty PSU Bond Plus SDL Sep 2027 40:60 Index Fund - Direct Plan GrowthBronzeIndex Funds0.20%+7.49%0%-3.6%+7.57%₹8,190 Cr
28Kotak Nifty SDL Apr 2027 Top 12 Equal Weight Index Fund-Direct Plan-GrowthPlatinumIndex Funds0.20%+7.70%0%-3.6%+7.52%₹6,575 Cr
29Kotak Nifty SDL Apr 2032 Top 12 Equal Weight Index Fund-Direct Plan- GrowthGoldIndex Funds0.20%+8.00%0%-3.2%+7.81%₹3,275 Cr
30Aditya Birla Sun Life Crisil IBX 50:50 Gilt Plus SDL Apr 2028 Index Fund-Direct GrowthGoldIndex Funds0.20%+7.89%0%-0.8%+7.62%₹406 Cr
31ICICI Prudential Nifty G-Sec Dec 2030 Index Fund - Direct Plan - GrowthSilverIndex Funds0.20%+8.11%0%-1.9%+8.02%₹818 Cr
32Nippon India Nifty AAA PSU Bond Plus SDL - Sep 2026 Maturity 50:50 Index Fund-Direct Plan-Growth OptionBronzeIndex Funds0.20%+7.33%0%-0.3%+7.22%₹371 Cr
33Edelweiss CRISIL IBX 50:50 Gilt Plus SDL Sep 2028 Index Fund - Direct Plan - GrowthSilverIndex Funds0.20%+7.71%0%-0.8%+7.69%₹132 Cr
34Nippon India Nifty SDL Plus G-Sec - Jun 2028 Maturity 70:30 Index Fund-Direct Plan-Growth OptionGoldIndex Funds0.20%+7.66%0%-0.7%+7.66%₹332 Cr
35HDFC Nifty G-Sec Dec 2026 Index Fund - Growth Option - Direct PlanSilverIndex Funds0.20%+7.30%0%-0.6%+7.19%₹940 Cr
36Nippon India Nifty G-Sec Sep 2027 Maturity Index Fund-Direct Plan-Growth OptionSilverIndex Funds0.20%+7.43%0%-0.6%+7.43%₹354 Cr
37Nippon India Nifty G-Sec Jun 2036 Maturity Index Fund-Direct Plan-Growth OptionSilverIndex Funds0.20%+8.06%0%-3.2%+8.21%₹750 Cr
38HDFC Nifty G-Sec Jun 2027 Index Fund - Growth Option - Direct PlanSilverIndex Funds0.20%+7.42%0%-0.6%+7.43%₹577 Cr
39ICICI Prudential Nifty SDL Sep 2026 Index Fund - Direct Plan - GrowthSilverIndex Funds0.20%+7.22%0%-0.3%+7.20%₹223 Cr
40Edelweiss CRISIL IBX 50:50 Gilt Plus SDL Short Duration Index fund - Direct Plan - GrowthGoldIndex Funds0.20%+7.41%0%-0.9%+7.53%₹145 Cr
41Nippon India Nifty SDL Plus G-Sec-Jun 2029 Maturity 70:30 Index Fund-Direct Plan-Growth OptionGoldIndex Funds0.20%+7.66%0%-0.9%+7.82%₹323 Cr
42BANDHAN CRISIL IBX GILT APRIL 2032 INDEX FUND - DIRECT GROWTHSilverIndex Funds0.20%+7.88%0%-2.0%+8.23%₹416 Cr
43Nippon India Nifty G-Sec Oct 2028 Maturity Index Fund-Direct Plan-Growth OptionSilverIndex Funds0.20%+7.53%0%-1.1%+7.68%₹127 Cr
44HDFC Nifty SDL Oct 2026 Index Fund - Growth Option - Direct PlanGoldIndex Funds0.20%+7.22%0%-0.2%+7.22%₹180 Cr
45HDFC Nifty G-Sec Jun 2036 Index Fund - Growth Option - Direct PlanBronzeIndex Funds0.20%+7.82%0%-3.2%+8.22%₹864 Cr
46Aditya Birla Sun Life Nifty SDL Plus PSU Bond SEP 2026 60:40 Index Fund-Direct GrowthSilverIndex Funds0.21%+7.25%0%-3.3%+7.25%₹7,149 Cr
47SBI CPSE Bond Plus SDL Sep 2026 50:50 Index Fund - Direct Plan - GrowthBronzeIndex Funds0.21%+7.34%0%-3.4%+7.24%₹7,779 Cr
48Aditya Birla Sun Life Nifty SDL Apr 2027 Index Fund-Direct GrowthGoldIndex Funds0.21%+7.60%0%-3.5%+7.38%₹3,287 Cr
49Aditya Birla Sun Life Crisil IBX 60:40 SDL+AAA PSU-Apr 2027 Index Fund-Direct GrowthSilverIndex Funds0.21%+7.56%0%-3.4%+7.43%₹1,321 Cr
50SBI CRISIL IBX Gilt Index - April 2029 Fund - Direct Plan - GrowthSilverIndex Funds0.21%+8.14%0%-1.1%+7.85%₹1,948 Cr
51Kotak Nifty SDL Plus AAA PSU Bond Jul 2028 60:40 Index Fund Direct Plan - GrowthSilverIndex Funds0.21%+7.73%0%-0.6%+7.62%₹509 Cr
52Kotak Nifty SDL Jul 2033 Index Fund Direct Plan Growth OptionGoldIndex Funds0.21%+7.41%0%-2.3%+7.58%₹185 Cr
53HDFC Nifty G-Sec Apr 2029 Index Fund - Growth Option - Direct PlanBronzeIndex Funds0.21%+7.70%0%-0.9%+7.86%₹157 Cr
54HDFC BSE Sensex Index Fund - Direct PlanIndex Funds0.22%+12.85%52%-38.1%+7.02%₹8,657 Cr
55ICICI Prudential BSE Sensex Index Fund - Direct Plan - Cumulative OptionIndex Funds0.22%+14.71%71%-37.3%+7.04%₹1,881 Cr
56Axis Nifty Next 50 Index Fund - Direct Plan - GrowthSilverIndex Funds0.22%+18.40%99%-26.4%+19.75%₹535 Cr
57UTI BSE Sensex Index Fund - Direct Plan - Growth OptionIndex Funds0.22%+11.91%31%-16.1%+7.04%₹198 Cr
58Aditya Birla Sun Life Crisil IBX Gilt-Apr-2029 Index Fund-Direct GrowthSilverIndex Funds0.22%+8.11%0%-1.0%+7.88%₹612 Cr
59HSBC NIFTY 50 INDEX FUND - Direct GrowthIndex Funds0.22%+11.51%37%-15.5%+8.88%₹396 Cr
60Aditya Birla Sun Life CRISIL IBX SDL Jun 2032 INDEX FUND - Direct GrowthGoldIndex Funds0.22%+7.66%0%-2.2%+7.87%₹150 Cr
61DSP Nifty 50 Index Fund - Direct Plan - GrowthIndex Funds0.23%+14.79%76%-37.8%+8.89%₹1,104 Cr
62Motilal Oswal Nifty 500 Index Fund - Direct PlanIndex Funds0.23%+17.48%96%-37.3%+12.72%₹3,087 Cr
63ICICI Prudential Nifty Bank Index Fund - Direct Plan GrowthIndex Funds0.23%+12.22%41%-18.3%+9.81%₹779 Cr
64Mirae Asset Nifty SDL Jun 2027 Index Fund - Direct Plan - GrowthBronzeIndex Funds0.23%+7.80%0%-3.6%+7.60%₹475 Cr
65Edelweiss Nifty Next 50 Index Fund - Direct Plan - GrowthSilverIndex Funds0.23%+19.32%100%-26.4%+19.77%₹295 Cr
66SBI NIFTY INDEX FUND - DIRECT PLAN - GROWTHIndex Funds0.24%+12.94%52%-38.4%+8.82%₹14,114 Cr
67ICICI Prudential Nifty 50 Index Fund - Direct Plan Cumulative OptionIndex Funds0.24%+13.12%54%-38.2%+8.81%₹17,353 Cr
68Navi Nifty Bank Index Fund- Direct Plan- GrowthIndex Funds0.24%+12.15%40%-18.4%+9.82%₹640 Cr
69Tata Nifty SDL Plus AAA PSU Bond Dec 6040 Index Fund- Direct Plan-GrowthBronzeIndex Funds0.24%+7.80%0%-2.3%+7.54%₹645 Cr
70SBI BSE Sensex Index Fund - Direct Plan - GrowthIndex Funds0.24%——-16.1%+6.97%₹309 Cr
71UTI Nifty 50 Index Fund - Growth Option- DirectIndex Funds0.25%+13.15%55%-38.4%+8.87%₹29,603 Cr
72Axis Nifty 100 Index Fund - Direct Plan - Growth OptionIndex Funds0.25%+15.27%81%-37.0%+10.63%₹2,099 Cr
73SBI CRISIL IBX SDL Index - September 2027 Fund - Direct Plan - GrowthGoldIndex Funds0.25%+7.75%0%-0.4%+7.62%₹1,645 Cr
74Kotak Nifty Next 50 Index Fund - Direct Plan - Growth OptionPlatinumIndex Funds0.26%+19.52%99%-26.3%+19.80%₹1,222 Cr
75Navi Nifty Next 50 Index Fund- Direct Plan- GrowthBronzeIndex Funds0.26%+18.30%99%-26.3%+19.66%₹1,314 Cr
76Edelweiss Nifty Smallcap 250 Index Fund - Direct Plan - GrowthSilverIndex Funds0.26%+19.55%100%-26.1%+17.75%₹262 Cr
77SBI |CRISIL IBX Gilt Index - June 2036 Fund - Direct Plan - GrowthBronzeIndex Funds0.28%+8.30%0%-3.2%+8.13%₹2,610 Cr
78HDFC Nifty 50 Index Fund - Direct PlanIndex Funds0.29%+13.16%55%-38.4%+8.81%₹24,190 Cr
79Axis Nifty Midcap 50 Index Fund - Direct Plan - Growth OptionPlatinumIndex Funds0.29%+24.51%100%-20.3%+19.12%₹736 Cr
80Franklin India INDEX FUND- NSE NIFTY 50 INDEX FUND- Direct - GrowthIndex Funds0.30%+12.84%51%-37.6%+8.88%₹733 Cr

Badges are our own quality tiers — Platinum (top 10%), Gold (25%), Silver (50%), Bronze (75%) — scored within each sub-category, so they compare a fund with its peers and not with funds of a different type. “3Y typical” is the median annualised return across every 3-year holding period the fund has lived through, not a single 3-year figure; “3Y loss odds” is the share of those periods that ended down. “Beat peers” is the share in which it beat its category's median, and “worst fall” is its deepest peak-to-trough drop. Open a fund for the full distribution. Click any column heading to re-sort — including the fund name, which groups a house’s funds together. Funds with no value for a column sort last. Returns over 1 year are annualised (CAGR). Past performance does not indicate future returns. Eligibility: Direct plan, Growth option. Wound-up, suspended and distributing (IDCW/payout) variants are excluded. Distributing funds are matched by NAME as well as by option, because the option field is wrong on around 100 schemes.

For the full category view, see our main page for this category, which covers every fund in it rather than only those meeting this screen.