Top 5 Index Mutual Funds for Passive Investing Through SWP – Dec 2024

Index funds have gained poiparlity thanks to their simplicity and cost-effectiveness. 

Index mutual funds replicate the performance of a specific underlying index, such as NIFTY or SENSEX, making them a passive investment vehicle free from fund managers’ biases. Index funds are go to choice for retail investors seeking diversified equity portfolios with minimal expenses.

Here are Top 5 Index Mutual Funds for Passive Investing Through SWP – Dec 2024

Data as of December 2, 2024. 

1. Motilal Oswal Nifty Midcap 150 Index Fund

• Launch Year: 2019
• Exit Load: 1% if redeemed within 15 days
• Minimum Investment: ₹500
• Minimum Additional Investment: ₹500
• Minimum SIP Investment: ₹500

2. Motilal Oswal Nasdaq 100 FOF

• Launch Year: 2018
• Exit Load: 1% if redeemed within 15 days
• Minimum Investment: ₹500
• Minimum Additional Investment: ₹500
• Minimum SIP Investment: ₹500

3. Axis Bank 100 Index Fund

• Launch Year: 2019
• Exit Load: None
• Minimum Investment: ₹100
• Minimum Additional Investment: ₹100
• Minimum SIP Investment: ₹100

4. Bandhan Nifty 50 Index Fund

• Launch Year: 2010
• Exit Load: None
• Minimum Investment: ₹1,000
• Minimum Additional Investment: ₹1,000
• Minimum SIP Investment: ₹100

5. UTI Nifty 50 Index Fund

• Launch Year: 2000
• Exit Load: None
• Minimum Investment: ₹1,000
• Minimum Additional Investment: ₹1,000
• Minimum SIP Investment: ₹500

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Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.