Nifty Smallcap 50 index funds compared
6 plans that track the Nifty Smallcap 50 index, compared on cost and how closely they follow it. Data as of 5 Nov 2026.
Direct plans (3)
| Fund | Rating | Expense ratio | Tracking difference, 1Y | Tracking error, 1Y | 1Y return | AUM |
|---|---|---|---|---|---|---|
| Axis Nifty Smallcap 50 Index FundAxis Mutual Fund | A+ | 0.44% | -0.99% | 0.29% | 9.3% | ₹757 cr |
| Aditya Birla Sun Life Nifty Smallcap 50 Index FundAditya Birla Sun Life Mutual Fund | B | 0.67% | -1.12% | 0.33% | 9.1% | ₹359 cr |
| Kotak Nifty Smallcap 50 Index FundKotak Mahindra Mutual Fund | B | 0.47% | -1.40% | 0.47% | 8.8% | ₹244 cr |
Regular plans (3)
| Fund | Rating | Expense ratio | Tracking difference, 1Y | Tracking error, 1Y | 1Y return | AUM |
|---|---|---|---|---|---|---|
| Aditya Birla Sun Life Nifty Smallcap 50 Index FundAditya Birla Sun Life Mutual Fund | A | 1.21% | -1.71% | 0.33% | 8.5% | ₹359 cr |
| Axis Nifty Smallcap 50 Index FundAxis Mutual Fund | B | 1.22% | -1.81% | 0.29% | 8.4% | ₹757 cr |
| Kotak Nifty Smallcap 50 Index FundKotak Mahindra Mutual Fund | B | 1.04% | -2.04% | 0.46% | 8.2% | ₹244 cr |
Common questions
How many Nifty Smallcap 50 index funds are there?
3 schemes track the Nifty Smallcap 50 index, with 6 plans (Regular and Direct), as of 5 Nov 2026.
Which Nifty Smallcap 50 index fund has the lowest tracking error?
Among Direct plans, Axis Nifty Smallcap 50 Index Fund had the lowest 1-year tracking error, 0.29%, as of 5 Nov 2026. Tracking error measures how closely the fund follows the index day to day.
Which Nifty Smallcap 50 index fund has the lowest expense ratio?
Among Direct plans, Axis Nifty Smallcap 50 Index Fund at 0.44% 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.