This paper presents a simple approach for forming anti-reflective film stacks on plastic substrates employing aqueous colloidal dispersions of metal oxide nanoparticles. Results demonstrate that it is possible to fabricate a polymeric thin film of continuously tunable refractive index over a wide range by loading the film with varying concentrations of metal oxide nanoparticles. Specifically, the refractive index for the polymer film was tuned from 1.46 to 1.54 using silica nanoparticle loadings from 50 to 0 wt% and from 1.54 to 1.95 using ceria nanoparticle loadings from 0 to 90 wt%, respectively. The low and high refractive index layers are then combined to create an anti-reflective coating which exhibits a reflectance spectrum, abrasion resistance, haze and transmission values that compare well with those produced using state-of-the-art vacuum based techniques. Furthermore, the results show that it is possible to begin with aqueous dispersions and then dilute them with organic solvents for use in a spin coating method to prepare the polymer–metal oxide nanoparticle composite films.