Nifty IT index funds compared
14 plans that track the Nifty IT index, compared on cost and how closely they follow it. Data as of 5 Nov 2026.
Direct plans (7)
| Fund | Rating | Expense ratio | Tracking difference, 1Y | Tracking error, 1Y | 1Y return | AUM |
|---|---|---|---|---|---|---|
| ICICI Prudential Nifty IT Index FundICICI Prudential Mutual Fund | A+ | 0.39% | -0.28% | 0.12% | -5.6% | ₹443 cr |
| Nippon India Nifty IT Index FundNippon India Mutual Fund | A | 0.41% | -0.33% | 0.12% | -5.7% | ₹247 cr |
| Axis Nifty IT Index FundAxis Mutual Fund | A | 0.42% | -0.36% | 0.11% | -5.7% | ₹130 cr |
| DSP Nifty IT Index FundDSP Mutual Fund | B | 0.43% | 0.05% | 0.32% | -5.3% | ₹103 cr |
| Bandhan Nifty IT Index FundBandhan Mutual Fund | B | 0.53% | -0.56% | 0.08% | -5.9% | ₹33 cr |
| SBI Nifty IT Index FundSBI Mutual Fund | C | 0.49% | -0.37% | 0.12% | -5.7% | ₹126 cr |
| Navi NiftyIT Index FundNavi Mutual Fund | C | 0.55% | -0.43% | 0.30% | -5.8% | ₹22 cr |
Regular plans (7)
| Fund | Rating | Expense ratio | Tracking difference, 1Y | Tracking error, 1Y | 1Y return | AUM |
|---|---|---|---|---|---|---|
| SBI Nifty IT Index FundSBI Mutual Fund | A+ | 0.94% | -0.79% | 0.13% | -6.1% | ₹126 cr |
| ICICI Prudential Nifty IT Index FundICICI Prudential Mutual Fund | A | 0.95% | -0.83% | 0.12% | -6.2% | ₹443 cr |
| DSP Nifty IT Index FundDSP Mutual Fund | B | 1.14% | -0.62% | 0.32% | -6.0% | ₹103 cr |
| Nippon India Nifty IT Index FundNippon India Mutual Fund | B | 1.03% | -0.92% | 0.13% | -6.3% | ₹247 cr |
| Axis Nifty IT Index FundAxis Mutual Fund | B | 1.14% | -1.01% | 0.12% | -6.3% | ₹130 cr |
| Bandhan Nifty IT Index FundBandhan Mutual Fund | B | 1.18% | -1.17% | 0.09% | -6.5% | ₹33 cr |
| Navi NiftyIT Index FundNavi Mutual Fund | C | 1.20% | -1.03% | 0.30% | -6.4% | ₹22 cr |
Common questions
How many Nifty IT index funds are there?
7 schemes track the Nifty IT index, with 14 plans (Regular and Direct), as of 5 Nov 2026.
Which Nifty IT index fund has the lowest tracking error?
Among Direct plans, Bandhan Nifty IT Index Fund had the lowest 1-year tracking error, 0.08%, as of 5 Nov 2026. Tracking error measures how closely the fund follows the index day to day.
Which Nifty IT index fund has the lowest expense ratio?
Among Direct plans, ICICI Prudential Nifty IT Index Fund at 0.39% 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.