Nifty Auto index funds compared
8 plans that track the Nifty Auto index, compared on cost and how closely they follow it. Data as of 5 Nov 2026.
Direct plans (4)
| Fund | Rating | Expense ratio | Tracking difference, 1Y | Tracking error, 1Y | 1Y return | AUM |
|---|---|---|---|---|---|---|
| ICICI Prudential Nifty Auto Index FundICICI Prudential Mutual Fund | A | 0.36% | -0.36% | 0.07% | 4.5% | ₹241 cr |
| Nippon India Nifty Auto Index FundNippon India Mutual Fund | B | 0.54% | -0.14% | 0.18% | 4.7% | ₹49 cr |
| Tata Nifty Auto Index FundTata Mutual Fund | B | 0.54% | -0.64% | 0.11% | 4.2% | ₹107 cr |
| HDFC Nifty Auto Index FundHDFC Mutual Fund | – | 0.97% | –% | –% | – | ₹151 cr |
Regular plans (4)
| Fund | Rating | Expense ratio | Tracking difference, 1Y | Tracking error, 1Y | 1Y return | AUM |
|---|---|---|---|---|---|---|
| ICICI Prudential Nifty Auto Index FundICICI Prudential Mutual Fund | A | 0.96% | -1.00% | 0.08% | 3.8% | ₹241 cr |
| Nippon India Nifty Auto Index FundNippon India Mutual Fund | B | 1.08% | -0.72% | 0.18% | 4.1% | ₹49 cr |
| Tata Nifty Auto Index FundTata Mutual Fund | B | 1.07% | -1.26% | 0.12% | 3.6% | ₹107 cr |
| HDFC Nifty Auto Index FundHDFC Mutual Fund | – | 1.54% | –% | –% | – | ₹151 cr |
Common questions
How many Nifty Auto index funds are there?
4 schemes track the Nifty Auto index, with 8 plans (Regular and Direct), as of 5 Nov 2026.
Which Nifty Auto index fund has the lowest tracking error?
Among Direct plans, ICICI Prudential Nifty Auto Index Fund had the lowest 1-year tracking error, 0.07%, as of 5 Nov 2026. Tracking error measures how closely the fund follows the index day to day.
Which Nifty Auto index fund has the lowest expense ratio?
Among Direct plans, ICICI Prudential Nifty Auto Index Fund at 0.36% a year, as of 5 Nov 2026.
How do you choose between index funds on the same index?
They hold the same stocks, so look at cost (expense ratio), how closely they track (tracking difference and tracking error) and size (AUM, for smooth trading). Our rating weighs those in that order.
Ratings describe past tracking and cost, not a recommendation. Read the scheme documents before investing.