Top Nifty Next 50 Index Mutual Funds (2026)
Ranked by expense ratio, lowest first, Direct plans, as on the latest NAV · AUM as on 30-09-2026
There are 20 Nifty Next 50 Index mutual funds. Their average 3 year return is 16.1% a year, and −2.8% over the last year. The lowest expense ratio: Edelweiss Nifty Next 50 Index Fund, 0.25% a year. The highest 3 year returns: Edelweiss Nifty Next 50 Index Fund 16.2%, Kotak Nifty Next 50 Index Fund 16.2%, LIC MF Nifty Next 50 Index Fund 16.2%.
- Total AUM
- ₹28,243 Cr
- As on 30-09-2026
- Funds
- 20
- From 19 fund houses
- Expense ratio
- 0.25% to 0.72%
- Direct plans, lowest to highest
- Average 3Y return
- 16.1%
- A year, Direct plans
All Nifty Next 50 Index Funds
Ranked by expense ratio, lowest first
Ranked by expense ratio, lowest first
| Exit load | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Edelweiss Nifty Next 50 Index Fund | 1 | 295 | −2.58% | +16.21% | -- | -- | Very High | 0.25% | None | 18.28% |
| Axis Nifty Next 50 Index Fund | 2 | 532 | −2.69% | +16.11% | -- | -- | Very High | 0.26% | None | 18.27% |
| Kotak Nifty Next 50 Index Fund | 3 | 1,289 | −2.72% | +16.18% | +10.72% | -- | Very High | 0.29% | None | 18.33% |
| Navi Nifty Next 50 Index Fund | 4 | 1,275 | −2.80% | +16.07% | -- | -- | Very High | 0.29% | None | 18.37% |
| Tata NIFTY Next 50 Index Fund | 5 | 120 | −2.87% | -- | -- | -- | Very High | 0.36% | 0.25% within 15 days | -- |
| LIC MF Nifty Next 50 Index Fund | 6 | 109 | −2.51% | +16.16% | -- | -- | Very High | 0.36% | None | 18.28% |
| DSP Nifty Next 50 Index Fund | 7 | 1,350 | −2.78% | +16.09% | +10.61% | -- | Very High | 0.39% | None | 18.32% |
| HDFC NIFTY Next 50 Index Fund | 8 | 2,621 | −2.90% | +15.88% | -- | -- | Very High | 0.40% | None | 18.35% |
| ICICI Prudential Nifty Next 50 Index Fund | 9 | 9,744 | −2.97% | +15.91% | +10.42% | +11.65% | -- | 0.41% | None | 18.34% |
| JioBlackRock Nifty Next 50 Index Fund | 10 | 220 | −2.69% | -- | -- | -- | Very High | 0.41% | None | -- |
| SBI Nifty Next 50 Index Fund | 11 | 2,318 | −2.83% | +16.10% | +10.54% | -- | -- | 0.43% | -- | 18.35% |
| Motilal Oswal Nifty Next 50 Index Fund | 12 | 509 | −2.87% | +16.11% | +10.57% | -- | -- | 0.45% | -- | 18.34% |
| UTI - Nifty Next 50 Index Fund | 13 | 7,295 | −2.78% | +16.15% | +10.57% | -- | Very High | 0.46% | None | 18.35% |
| HSBC NIFTY Next 50 Index Fund | 14 | 184 | −3.09% | +15.80% | -- | -- | -- | 0.46% | -- | 18.36% |
| Bandhan Nifty Next 50 Index Fund | 15 | 36 | −2.84% | -- | -- | -- | Very High | 0.46% | 0.25% within 15 days | -- |
| Bajaj Finserv NIFTY Next 50 Index Fund | 16 | 29 | −3.47% | -- | -- | -- | Very High | 0.47% | None | -- |
| Aditya Birla Sun Life Nifty Next 50 Index Fund | 17 | 271 | −2.75% | +15.98% | -- | -- | Very High | 0.49% | None | 18.35% |
| Groww Nifty Next 50 Index Fund | 18 | 11 | −2.84% | -- | -- | -- | Very High | 0.52% | None | -- |
| Groww Nifty Midcap 150 Index Fund | 19 | 15 | -- | -- | -- | -- | Very High | 0.54% | None | -- |
| Choice Nifty Next 50 Index Fund | 20 | 20 | -- | -- | -- | -- | Very High | 0.72% | None | -- |
Returns of each fund's Direct plan (its only plan where it has one), as on the latest NAV. 3, 5 and 10 year figures are a rate a year. Std dev: how much the daily returns swung over 3 years, as a yearly figure; lower is steadier. Riskometer and exit load from the fund's scheme summary document; "Varies" means the load changes with how long you hold, and the fund page has the full wording. Expense ratio: Direct plan, from AMFI. AUM at the end of the fund's last reported month. Ranked by expense ratio: funds that copy one index or hold one metal differ mainly in cost. A fund with no expense ratio on file has no rank.
Compare Nifty Next 50 Index Funds
The largest funds of the category, side by side
- ICICI Prudential Nifty Next 50 Index vs UTI - Nifty Next 50 Index
- ICICI Prudential Nifty Next 50 Index vs HDFC NIFTY Next 50 Index
- ICICI Prudential Nifty Next 50 Index vs SBI Nifty Next 50 Index
- UTI - Nifty Next 50 Index vs HDFC NIFTY Next 50 Index
- UTI - Nifty Next 50 Index vs SBI Nifty Next 50 Index
- HDFC NIFTY Next 50 Index vs SBI Nifty Next 50 Index
How Nifty Next 50 Index Funds Are Taxed
As equity funds: 65% or more of each fund is in Indian stocks
| When you sell | Tax on the gain |
|---|---|
| Within 1 year | 20% of the gain (short term) |
| After 1 year | 12.5% of gains above ₹1.25 lakh a financial year (long term) |
- IDCW (dividend) payouts are added to your income and taxed at your slab rate.
- A stamp duty of 0.005% is deducted when you invest.
Rules in force from 23-07-2024 (Finance Act 2024). Tax depends on your own income; this is general information, not tax advice.
What Is a Nifty Next 50 Index Fund?
Index funds that copy the Nifty Next 50: the 50 companies that come after the Nifty 50 by size. Funds that follow one index hold nearly the same stocks, so cost and how closely they track it matter most.
Other index categories: Nifty 50 Index · Nifty Midcap 150 Index · Nifty Smallcap 250 Index · BSE Sensex Index · Nifty 500 Index · Nifty Bank Index · Nifty IT Index · Nifty 50 Equal Weight Index · Nifty200 Momentum 30 Index · Nifty LargeMidcap 250 Index
Nifty Next 50 Index Funds: Frequently Asked Questions
Which are the top Nifty Next 50 Index mutual funds?
Funds that follow the same index or hold the same metal earn nearly the same return, so the lowest cost matters most. By expense ratio: 1. Edelweiss Nifty Next 50 Index Fund (0.25%), 2. Axis Nifty Next 50 Index Fund (0.26%), 3. Kotak Nifty Next 50 Index Fund (0.29%), 4. Navi Nifty Next 50 Index Fund (0.29%), 5. Tata NIFTY Next 50 Index Fund (0.36%).
How many Nifty Next 50 Index funds are there?
20 Nifty Next 50 Index funds are open for investment, from 19 fund houses.
What is a Nifty Next 50 Index fund?
Index funds that copy the Nifty Next 50: the 50 companies that come after the Nifty 50 by size. Funds that follow one index hold nearly the same stocks, so cost and how closely they track it matter most.
What is the average return of Nifty Next 50 Index funds?
1 year: -2.8%, 3 years: 16.1% a year, 5 years: 10.6% a year. The simple average of every Nifty Next 50 Index fund's Direct plan.
Which Nifty Next 50 Index fund has the lowest expense ratio?
Edelweiss Nifty Next 50 Index Fund, at 0.25% a year (Direct plan), as reported to AMFI.
Which is the largest Nifty Next 50 Index fund?
ICICI Prudential Nifty Next 50 Index Fund, with ₹9,744 Cr of investors' money on 30-09-2026.
How are Nifty Next 50 Index funds taxed?
As equity funds: gains on units sold within 1 year are taxed at 20%; after that, gains above ₹1.25 lakh a financial year are taxed at 12.5%.
This page is information, not investment advice. Mutual fund investments are subject to market risks; read all scheme related documents carefully. Past returns do not promise future returns. Figures come from AMFI, NSE, BSE and each fund house's own documents.