The Indian equity market has experienced volatility since March, largely due to the US-Iran conflict. However, experts indicate that the worst may be over, suggesting a potential recovery phase. Long-term investors are encouraged to consider Nifty 50 index funds, which track the performance of India's top 50 companies. These funds are known for their low costs and stability during market fluctuations. D D Sharma, managing director of MF King, highlights that these funds provide diversification and automatic rebalancing, making them suitable for passive equity exposure. Among the best-performing funds, the Nippon India Index Fund – Nifty 50 Plan stands out with an expense ratio of just 0.07%, significantly lower than the category average of 0.12% to 0.22%. The fund has delivered a 5-year rolling CAGR of approximately 18.38%, making it an attractive option for investors. However, investors are advised to consult certified experts before making any decisions, as market conditions can change rapidly.