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Best mutual funds for beginners

Cheap, large index funds that fell less than the market — a first-fund shortlist.

Funds matching
41
Best 3Y CAGR
+19.61%
Ranked by
3Y CAGR

What this screen looks for

  • Category is index
  • Expense ratio below 0.5%
  • AUM above ₹1,000 Cr
  • Max drawdown above -35%
  • Plan is Direct
category = index AND expense ratio < 0.5% AND aum > 1000 AND max drawdown > -35 AND plan = Direct

Top matches by 3Y CAGR

20

41 funds match this screen; the 20 best by 3Y CAGR are shown. Open a fund for NAV history, rolling returns, risk metrics and peer rank.

1Kotak Nifty Next 50 Index Fund
Kotak Mahindra
★★★★☆+12.0%+19.6%+13.7%0.26%₹1,100Cr
2SBI Nifty Next 50 Index Fund
SBI
★★★★☆+11.9%+19.6%+13.6%0.37%₹2,032Cr
3Navi Nifty Next 50 Index Fund
Navi
★★★★☆+11.8%+19.5%0.26%₹1,203Cr
4HDFC NIFTY Next 50 index Fund
HDFC
★★★☆☆+11.8%+19.3%0.36%₹2,399Cr
5Nippon India Nifty Midcap 150 Index Fund
Nippon India
★★★★☆+11.7%+17.8%+17.9%0.37%₹2,396Cr
6SBI Nifty Midcap 150 Index Fund
SBI
★★★★☆+11.6%+17.8%0.46%₹1,054Cr
7ICICI Prudential Nifty Midcap 150 Index Fund
ICICI Prudential
★★★★☆+11.6%+17.8%0.35%₹1,068Cr
8SBI Nifty Smallcap 250 Index Fund
SBI
★★★☆☆+10.1%+16.8%0.45%₹1,541Cr
9Nippon India Nifty Smallcap 250 Index Fund
Nippon India
★★★★☆+10.2%+16.6%+16.2%0.42%₹3,050Cr
10HDFC NIFTY50 Equal Weight Index Fund
HDFC
★★★★☆+5.7%+13.9%+13.0%0.46%₹1,734Cr
11BANDHAN Nifty100 Low Volatility 30 Index Fund
Bandhan
★★★☆☆-0.4%+11.3%0.46%₹1,663Cr
12Navi Nifty 50 Index Fund
Navi
★★★★☆-1.6%+8.8%+8.7%0.10%₹3,926Cr
13Kotak Nifty 50 Index Fund
Kotak Mahindra
★★★☆☆-1.6%+8.7%+8.6%0.13%₹1,109Cr
14SBI CRISIL IBX Gilt Index - June 2036 Fund
SBI
★★★☆☆+6.3%+7.8%0.28%₹2,627Cr
15SBI CRISIL IBX Gilt Index - April 2029 Fund
SBI
★★★☆☆+6.1%+7.7%0.21%₹1,908Cr
16ICICI Prudential Nifty SDL Sep 2027 Index Fund
ICICI Prudential
★★★☆☆+6.3%+7.6%0.18%₹1,492Cr
17SBI CRISIL IBX SDL Index - September 2027 Fund
SBI
★★★☆☆+6.2%+7.6%0.25%₹1,462Cr
18DSP Nifty SDL Plus G-Sec Jun 2028 30:70 Index Fund
DSP
★★★☆☆+6.0%+7.6%0.16%₹1,668Cr
19Axis CRISIL IBX SDL May 2027 Index Fund
Axis
★★★☆☆+6.3%+7.6%0.15%₹1,987Cr
20Kotak Nifty SDL Apr 2032 Top 12 Equal Weight Index Fund
Kotak Mahindra
★★★☆☆+5.6%+7.5%0.20%₹3,305Cr

NAV data as of 29 Aug 2026. Direct plans only, one row per fund (Growth option preferred where a scheme has both). ETFs are excluded — they list no Direct plan and need a demat account. Returns are CAGR for periods ≥1 year, computed from AMFI NAV history. Ratings are WealthTicker’s own, ranked within sub-category peers — not a SEBI or agency rating. See our methodology for every formula. This is a screen over public data, not investment advice.

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