List of Top Index Funds in India 2021-22 : Index funds are those mutual funds that invest the money of investors in benchmark indexes. The behavior of Index funds is it replicates one of indices. For example, if any index funds follow NIFTY 50 then the investment will be done in the same listed 50 stocks of NIFTY 50.

Here we have listed some of the Popular Index Funds in India 2021-22.
Table of Contents
HDFC Index Fund – Nifty 50 Plan
HDFC Index Fund replicates and follows Nifty 50 index. This fund is being managed by Krishan Kumar Daga and Arun Agarwal. The fund was launched in July 2002.
Launch Date | July 17, 2002 |
Following Index | Nifty 50 |
Managed By | HDFC Mutual Fund |
Fund Managers | Krishan Kumar Daga Arun Agarwal |
Full Details | Moneycontrol.com |
UTI Nifty Index Fund – Growth
UTI Nifty Index Fund replicates and follows Nifty 50 index. Sharwan Kumar Goyal is the fund manager of UTI Nifty Index Fund. The fund was launched in March 2000.
Launch Date | March 28, 2000 |
Following Index | Nifty 50 |
Managed By | UTI Mutual Fund |
Fund Managers | Sharwan Kumar Goyal |
Full Details | Moneycontrol.com |
ICICI Prudential Nifty Index Fund
ICICI Prudential Nifty Index Fund replicates and follows Nifty 50 Index and it is being managed by ICICI Prudential Mutual Fund. ICICI Prudential Nifty Index Fund was launched in February 2002 and the fund manager of this scheme is Kayzad Eghlim.
Launch Date | February 26, 2002 |
Following Index | Nifty 50 |
Managed By | ICICI Prudential Mutual Fund |
Fund Managers | Kayzad Eghlim |
Full Details | Moneycontrol.com |
SBI Nifty Index Fund
SBI Nifty Index Fund replicates and follows Nifty 50 Index and it is being managed by SBI Mutual Fund. SBI Nifty Index Fund was launched in January 2002. Raviprakash Sharma is the fund manager of this scheme.
Launch Date | January 17, 2002 |
Following Index | Nifty 50 |
Managed By | SBI Mutual Fund |
Fund Managers | Raviprakash Sharma |
Full Details | Moneycontrol.com |
UTI Nifty Next 50 Index Fund
UTI Nifty Next 50 Index Fund was launched in June 2018 and it is being managed by UTI Mutual Fund. UTI Nifty Next 50 Index Fund replicates and follows Nifty Next 50 Index. The fund manager of this scheme is Sharwan Kumar Goyal.
Launch Date | June 27, 2018 |
Following Index | Nifty Next 50 |
Managed By | UTI Mutual Fund |
Fund Managers | Sharwan Kumar Goyal |
Full Details | Moneycontrol.com |
Motilal Oswal S&P 500 Index Fund
Motilal Oswal S&P 500 Index Fund replicates and follows US based Index S&P 500 and it is being managed by Motilal Oswal AMC. The fund managers of this index fund are Hiren Visaria and Abhiroop Mukherjee. This scheme was launched in April 2020.
Launch Date | April 27, 2020 |
Following Index | S&P 500 |
Managed By | Motilal Oswal AMC |
Fund Managers | Hiren Visaria Abhiroop Mukherjee |
Full Details | Moneycontrol.com |
Axis Nifty 100 Index Fund
Axis Nifty 100 Index Fund replicates and follows Nifty 100 Index and it is being managed by Axis Mutual Fund. This scheme was launched in October 2019. The fund manager of this index fund is Ashish Naik.
Launch Date | October 18, 2019 |
Following Index | Nifty 100 |
Managed By | Axis Mutual Fund |
Fund Managers | Ashish Naik |
Full Details | Moneycontrol.com |
Franklin India Index Fund – NSE Nifty Plan
Franklin India Index Fund replicates and follows Nifty 50 Index and it is being managed by Franklin Templeton Mutual Fund. Franklin India Index Fund was launched in August 2000 and this fund is managed by Varun Sharma and Pyari Menon.
Launch Date | August 04, 2000 |
Following Index | Nifty 50 |
Managed By | Franklin Templeton Mutual Fund |
Fund Managers | Varun Sharma Pyari Menon. |
Full Details | Moneycontrol.com |
ICICI Prudential Nifty Next 50 Index Fund
ICICI Prudential Nifty Next 50 Index Fund was launched in June 2010 and it is being managed by ICICI Prudential Mutual Fund. ICICI Prudential Nifty Next 50 Index Fund replicates and follows Nifty Next 50 Index. Kayzad Eghlim is the fund manager of this Index fund.
Launch Date | June 25, 2010 |
Following Index | Nifty Next 50 |
Managed By | ICICI Prudential Mutual Fund |
Fund Managers | Kayzad Eghlim |
Full Details | Moneycontrol.com |