What is the best index fund which has a low expense ratio?
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Index funds have a lower expenses ratio as compared to their competitors (active funds). As far as lower tracking error is concerned, HDFC Index Fund-Sensex, UTI Nifty Index Fund, and HDFC Index Fund-NIFTY 50 Plan are some of the goods names that fit in the selection criteria while choosing the equity index funds.
However, it is very important for the investors to undergo a comprehensive risk profiling exercise and invest according to their risk appetite, investment horizon and long-term realistic financial goals of life as the risk grade of these schemes is "Very High".
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