Nifty 500 index funds and ETFs

6 index funds and ETFs track the Nifty 500, as each fund house reported for Sep 2026. Closest to the index over the year: Motilal Oswal Nifty 500 Index Fund, −0.09%. Tracking difference is the fund's return less the index's over the year; its costs make it negative, so the figure nearest nought is the closest.

Index funds on the Nifty 500

Closest to the index first, then the lowest expense ratio. Over the year to the month's end.The Nifty 500

  • Motilal Oswal Mutual Fund logoMotilal Oswal Nifty 500 Index FundMotilal Oswal Mutual FundTracking difference−0.09%After fee+0.09%Tracking error0.04%Expense ratio0.23%Fund size, ₹ Cr3,086
  • Axis Mutual Fund logoAxis Nifty 500 Index FundAxis Mutual FundTracking difference−0.31%After fee−0.18%Tracking error0.19%Expense ratio0.16%Fund size, ₹ Cr314
  • SBI Mutual Fund logoSBI Nifty 500 Index FundSBI Mutual FundTracking difference−0.36%After fee−0.04%Tracking error0.03%Expense ratio0.33%Fund size, ₹ Cr734
  • ICICI Prudential Mutual Fund logoICICI Prudential Nifty 500 Index FundICICI Prudential Mutual FundTracking difference−0.65%After fee−0.28%Tracking error0.15%Expense ratio0.43%Fund size, ₹ Cr102
  • DSP Mutual Fund logoDSP Nifty 500 Index FundDSP Mutual FundTracking difference–After fee–Tracking error0.14%Expense ratio0.31%Fund size, ₹ Cr17
  • UTI Mutual Fund logoUTI Nifty 500 Index FundUTI Mutual FundTracking difference–After fee–Tracking error0.06%Expense ratio–Fund size, ₹ Cr102