Are you looking for a strategic way to grow your wealth with minimal effort? Sensex mutual funds can be the right investment avenue for you. As the name suggests, Sensex mutual funds track the BSE Sensex. This includes the top 30 of the largest and most liquid stocks traded on the Bombay Stock Exchange.
These funds largely focus on blue-chip companies and offer a balanced mix of stability and growth potential. In the last five years, several Sensex mutual funds have delivered impressive returns, even more than 15%. This makes them an outstanding choice among mutual fund investors.
Best Sensex Mutual Funds with More than 15% Return in 5 Years
Check out the top-performing Sensex funds to invest in as of 5th Sep ‘24:
1. ICICI Prudential BSE Sensex Index Fund – Direct Plan – Growth
- 5-year return: 17.87%
- AUM: INR 1675.92 crore
- NAV: INR 26.8274
- Expense Ratio: 0.19%
In the Sensex Fund category, the ICICI Prudential BSE Sensex Index Fund is the top performer. Investing in this fund, you get diversified exposure to large-cap stocks across various sectors. Some of the key sectors include consumer goods, IT, and financial services.
2. Nippon India Index Fund – BSE Sensex Plan – Direct Plan – Growth
- 5-year return: 17.86%
- AUM: INR 730.61 crore
- NAV: INR 43.6969
- Expense Ratio: 0.2%
This Nippon India fund tracks the BSE Sensex, delivering 17.86% returns over the last five years. It provides you with a broad exposure to the Indian equity market. Some of the major sectors in its portfolio include banking, energy, and IT.
3. HDFC Index Fund – BSE Sensex Plan – Direct Plan
- 5-year return: 17.76%
- AUM: INR 7646.71 crore
- NAV: INR 768.9042
- Expense Ratio: 0.2%
In terms of assets under management, the HDFC Index Fund – BSE Sensex Plan is one of the largest mutual funds in this category. At INR 7646.71 crore, it reflects the confidence of investors. It offers exposure to a diversified portfolio of blue-chip companies. Key sectors where it invests are finance, healthcare, and technology.
4. LIC MF BSE Sensex Index Fund – Direct Plan – Growth
- 5-year return: 17.63%
- AUM: INR 85.95 crore
- NAV: INR 163.0505
- Expense Ratio: 0.38%
While this fund is relatively smaller in terms of AUM, it has still managed to deliver impressive returns in the last five years. Investors gain exposure to sectors like industrials, banking, and consumer goods. All these sectors have performed impressively in recent years, which defines the growth trajectory of the fund.
5. Tata BSE Sensex Index Fund – Direct Plan
- 5-year return: 17.59%
- AUM: INR 368.52 crore
- NAV: INR 215.5903
- Expense Ratio: 0.27%
We are going to wrap up this list with the Tata BSE Sensex Index Fund, which returned 17.59% to investors over the last five years. It provides exposure to a mix of high-performance sectors like finance, energy, and IT. The fund closely replicates the Sensex index and performed impressively in recent years.
Conclusion
Sensex mutual funds bring you a simple and effective way to gain exposure to the top-performing companies in India across all the major sectors. A lump sum investment in these funds over the past five years has yielded impressive returns above 15%.
So, if you are looking to take advantage of long-term capital appreciation with lower risk compared to actively managed funds, choose from the ones we curated in this blog. Use a lumpsum calculator to find out the estimated returns from any of these funds in the long run.
