Lowest Expense Ratio Index Funds
Updated November 2026 · 25 active funds · data from AMFI NAVs
For an index fund, which simply tracks a benchmark, cost is one of the few things in your control - and over decades a lower expense ratio compounds into a meaningful difference. This list ranks index funds by their Direct-plan TER (lowest first), taken from AMFI's disclosed expense data. Cost is not the only factor: tracking error (how closely the fund follows its index) matters too. Open any fund for its full record computed from AMFI NAVs.
Ranked by Direct-Plan Expense Ratio (TER) (lowest first), on funds with that metric available. Returns, Sharpe, drawdown and TER are computed independently from AMFI NAVs - see methodology. No paid placement.