Index Fund: Small & micro cap index
Passively replicates a stated equity index; differences between schemes tracking the same index come mainly from costs and tracking. Shown here: the 15 schemes MFIC groups under “Small & micro cap index” (a grouping from scheme names, not an AMFI category). This page lists every Index Fund scheme in this group (Regular plan, growth option) with its returns, rolling-return consistency and risk, calculated from AMFI NAVs as of 23 Oct 2026.
Schemes in this group aim to track one of the markets below, so its level, valuation and recent path are the main drivers of returns.
- P/E 31.2: higher than 43% of days since 2016 (median 32.6)
- 1Y −5.5% · 3Y +10.6% p.a. · 5Y +11.0% p.a. (index fund NAV, after costs)
- −11.6% from its 52-week high
- P/E 31.2: higher than 52% of days since 2016 (median 30.6)
- 1Y +1.2% · 3Y +15.8% p.a. · 5Y +10.5% p.a. (index fund NAV, after costs)
- −11.3% from its 52-week high (proxy NAV)
Index levels and P/E: NSE daily index closing values; gold and silver: IBJA rates; returns: growth NAV of an index fund or ETF tracking the market (AMFI), so they are after that fund's costs. Context only: a market's level or valuation does not tell you how any scheme will perform. Explore all markets.
| Scheme | NAV (₹) | AUM (₹ cr) | TER | 1Y | 3Y CAGR | 5Y CAGR | 3Y rolling median | 3Y rolling worst | 3Y beat-rate | Std dev | Max DD 5Y | History |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Aditya Birla Sun Life Nifty Smallcap 50 Index Fund Aditya Birla Sun Life Mutual Fund | 21.04 | 350 | 1.20% | 0.3% | 15.0% | 9.8% | 21.7% | 12.4% | n/a | 23.2% | −34.9% | 5.5 y |
| Axis Nifty Smallcap 50 Index Fund Axis Mutual Fund | 18.29 | 745 | 1.22% | 0.2% | 14.6% | n/a | 23.6% | 12.3% | n/a | 23.1% | n/a | 4.6 y |
| BANDHAN Nifty Smallcap 250 Index Fund Bandhan Mutual Fund | 11.65 | 104 | 1.08% | -5.6% | n/a | n/a | n/a | n/a | n/a | n/a | n/a | 2.8 y |
| DSP Nifty Smallcap 250 Index Fund DSP Mutual Fund | 10.01 | 18 | 1.31% | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | 0.9 y |
| Edelweiss Nifty Smallcap 250 Index Fund Edelweiss Mutual Fund | 16.65 | 269 | 0.94% | -5.3% | 10.7% | n/a | 18.3% | 10.3% | n/a | 22.4% | n/a | 3.9 y |
| Groww Nifty Smallcap 250 Index Fund Groww Mutual Fund | 10.79 | 130 | 1.15% | -5.2% | n/a | n/a | n/a | n/a | n/a | n/a | n/a | 2.6 y |
| HDFC NIFTY Smallcap 250 Index Fund HDFC Mutual Fund | 17.50 | 727 | 0.87% | -5.5% | 10.5% | n/a | 16.8% | 10.1% | n/a | 22.5% | n/a | 3.5 y |
| ICICI Prudential Nifty Smallcap 250 Index Fund ICICI Prudential Mutual Fund | 16.30 | 742 | 1.03% | -5.6% | 10.5% | n/a | 19.3% | 10.1% | n/a | 22.4% | n/a | 5.0 y |
| JioBlackRock Nifty Smallcap 250 Index Fund Jio BlackRock Mutual Fund | 8.90 | 379 | 1.77% | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | 0.2 y |
| Kotak Nifty SmallCap 250 Index Fund Kotak Mahindra Mutual Fund | 10.55 | 87 | 0.94% | -5.4% | n/a | n/a | n/a | n/a | n/a | n/a | n/a | 1.7 y |
| Kotak Nifty Smallcap 50 Index Fund Kotak Mahindra Mutual Fund | 20.29 | 260 | 1.06% | 0.0% | 14.8% | n/a | 22.0% | 14.5% | n/a | 23.3% | n/a | 3.5 y |
| Motilal Oswal Nifty Microcap 250 Index Fund Motilal Oswal Mutual Fund | 16.96 | 2,211 | 1.25% | -1.0% | 12.9% | n/a | 17.3% | 11.8% | n/a | 25.2% | n/a | 3.3 y |
| Motilal Oswal Nifty Smallcap 250 Index Fund Motilal Oswal Mutual Fund | 34.94 | 1,178 | 1.15% | -5.5% | 10.6% | 11.0% | 23.6% | 10.2% | n/a | 22.5% | −27.0% | 7.1 y |
| Nippon India Nifty Smallcap 250 Index Fund Nippon India Mutual Fund | 31.20 | 3,270 | 1.08% | -5.5% | 10.3% | 10.8% | 21.6% | 9.9% | n/a | 22.4% | −27.2% | 6.0 y |
| SBI Nifty Smallcap 250 Index Fund SBI Mutual Fund | 17.48 | 1,673 | 0.93% | -5.5% | 10.5% | n/a | 18.6% | 10.2% | n/a | 22.5% | n/a | 4.0 y |
Returns are from NAVs (after expenses, before tax); 3Y and 5Y are annualised. Rolling figures use every business-day start date in the scheme's history; beat-rate is the share of 3-year windows ahead of a benchmark — not available for this category in MFIC's free data. Std dev is annualised over 36 months. AUM is the whole scheme (all plans) and TER is for the plan shown, both as disclosed to AMFI. "n/a" means the scheme's history is too short or the data is still loading. Listed alphabetically; no order of preference is implied. Full definitions: MFIC methodology.
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