Scheme Name
1 Year
3 Years
5 Years
Bank BeES
68.36
--
--
Junior BeES
56.52
--
--
HDFC Index Fund - Sensex Plus Plan
54.41
--
--
UTI Master Index Fund
50.23
30.87
8.72
Tata Index Fund - Sensex Plan - Option A
50.02
--
--
SENSEX Prudential ICICI Exchange Traded Fund
49.14
--
--
LIC MF Index Fund - Sensex Advantage Plan
48.56
--
--
Franklin India Index Fund - NSE Nifty Plan
48.51
--
--
Prudential ICICI Index Fund
47.73
27.85
--
UTI Index Advantage Fund - BSE Sensex Plan
47.55
28.87
--
Tata Index Fund - Nifty Plan - Option A
47.53
--
--
Franklin India Index Fund - BSE Sensex Plan
47.4
--
--
HDFC Index Fund - Sensex Plan
47.23
--
--
UTI Index Advantage Fund - Nifty Plan
47.1
27.78
--
S&P CNX NIFTY UTI NDR Scheme
46.48
--
--
UTI Nifty Fund
46.1
28.98
8.63
Birla Index Fund
45.08
--
--
Nifty BeES
44.26
28.56
--
SBI Magnum Index Fund
44.22
27.93
--
HDFC Index Fund - Nifty Plan
43.06
--
--
PRINCIPAL Index Fund
40.93
25.77
6.95
LIC MF Index Fund - Sensex Plan
40.7
--
--
ING Vysya Nifty Plus Fund
40.41
--
--
LIC MF Index Fund - Nifty Plan
37.14
--
--
Indices
S&P Nifty
44.79
27.19
7.69
BSE Sensex
49.06
29.39
8
CNX Midcap 200
100.77
52.61
26.76
Index vs diversified
Diversified funds
58.84
41.41
18.21
Index funds
47.7
28.51
8.47
Source: www.mutualfundsindia.com
The argument in favour of index funds is that if Indian markets are indeed moving upwards, then investing in index funds might be a good idea for the risk-averse investor.