BSE SENSEX Next 50 index funds and ETFs
3 index funds and ETFs track the BSE SENSEX Next 50, as each fund house reported for Sep 2026. Closest to the index over the year: UTI - BSE Sensex Next 50 Exchange Traded Fund. Tracking difference is the fund's return less the index's over the year; its costs make it negative, so the figure nearest nought is the closest.
ETFs on the BSE SENSEX Next 50
Closest to the index first, then the lowest expense ratio. The premium is the median over the month's trading days of each day's close against its NAV.
UTI - BSE Sensex Next 50 Exchange Traded FundUTI Mutual FundTracking difference−0.18%After fee+0.11%Tracking error0.03%Expense ratio0.31%Fund size, ₹ Cr32Premium or discount+0.09%
SBI BSE Sensex Next 50 ETFSBI Mutual FundTracking difference−0.20%After fee−0.03%Tracking error0.03%Expense ratio0.23%Fund size, ₹ Cr24Premium or discount+0.12%
Nippon India ETF BSE Sensex Next 50Nippon India Mutual FundTracking difference−0.29%After fee−0.02%Tracking error0.04%Expense ratio0.31%Fund size, ₹ Cr138Premium or discount+0.16%
About BSE SENSEX Next 50 index funds and ETFs
BSE SENSEX Next 50 index funds and ETFs are funds that hold the 50 companies of the BSE SENSEX Next 50 in the index's own weights, so their return follows the index less costs. The index covers the companies of the BSE 100 that sit outside the BSE SENSEX 50.
The index they track
The BSE SENSEX Next 50 is maintained by BSE Index Services. It holds the BSE 100 companies that are not members of the BSE SENSEX 50, which is chosen from BSE 100 companies that have derivative contracts (futures or options), ranked by float-adjusted market capitalization: company size counted only on the shares open to public trading. The index launched on 27 Feb 2017, with a first value date of 16 Dec 2005 and a base value of 7,000. Members are weighted by float-adjusted market capitalization, and the index is reconstituted twice a year, in Jun and Dec.
Derivative limits
Two limits tie the index to derivatives. A company without derivative contracts cannot weigh more than 5% of the index in a share class, and all such companies together cannot weigh more than 20%. A fund copying the index must hold these weights too, so its holdings change on the same dates as the index.
Tracking measures
Tracking difference is the fund's one-year return less the index's, usually below zero because of costs. The after fee figure adds the year's average expense ratio back, leaving the part not explained by the fee. Tracking error is the yearly spread of the daily differences. This page orders funds with the tracking difference nearest zero first, then the lower expense ratio.
ETFs and premium
The funds on this index are ETFs. An ETF trades on the exchange through a broker at a price that can differ from its NAV (net asset value, the value of one unit). This page shows the premium or discount: the median, across the month's trading days, of each day's close divided by that day's NAV, less one. The expense ratio is the yearly fee as a share of assets, taken from NAV daily, and fund size counts every plan at month end.