If you are wondering about increasing your investment while also having to control risks, then your go-to options would be either exchange-traded funds (ETF) or stocks. However, there are top ETF funds in India that every investor needs to know before they get into the investment in exchange-traded funds. So, keep reading the article till the end to decode some of the best ETF funds in India.
What are ETFs?
Folks, before we give you a detailed account of the top 10 ETF in India, let me tell you about the ETFs if you are not well-versed with the term. The ETFs, or exchange-traded funds, are a mix of investments that include assets like stocks, bonds, or commodities, which you can trade on the stock market just like individual stocks. It is like a fruit basket where you will be able to invest in multiple assets in one place. Similarly, ETFs offer exposure to multiple assets in one investment, making it a convenient option for Indian investors.
Another important thing to know about ETFs is that you can easily buy and sell them throughout the day at market prices. This offers high liquidity and flexibility. Additionally, the best ETF in India are some of the best when it comes to investment. These are the funds that are known for their low expense ratio compared to traditional mutual funds, which makes them a cost-effective and efficient investment option for those who want diversification and growth.
Now that you have got a good understanding of the ETFs, hop onto the next section of the article to know about the best-performing ETFs last 10 years in India.
What are The Best ETFs to Invest In India?
If you are wondering about the investment opportunities that you will be getting with the top 10 ETF funds in India NSE, then read this section of the article till the end to know about the top 10 ETF funds in India.
Here are the top 10 ETF funds in India:
Kotak Nifty PSU Bank ETF
This is one of the best ETFs in India, which you can look into investing in this year. The primary target of this ETF is investment in public sector banks. Additionally, it exposes the banking industry segment to the investing community. The primary reason is that the banking sector has played a major role in India’s economy, and this index fund can be a very good avenue for investors to reap the benefits from the performance of PSU banks listed on the NSE.
Here are some of the facts that you need to know:
- AUM: Rs 1,247 crore
- Market Cap: 1,271.42 Cr
- Volume: 0.06 Lakhs
- Risk: Very High risk
- Minimum lump sum investment: Rs. 10,000
- Fund Symbol: PSUBANK
- NAV: Rs 574.64
- Expense Ratio: 0.49%
Mirae Asset NYSE FANG+ ETF
This is another one of the top 10 ETF funds in India that you need to know if you are looking to invest. This ETF includes innovative technology and technology-enabled companies at the forefront. This includes Facebook, Apple, Amazon, Netflix, and Google. This will enable investors to catch up with leading global tech giants and unlock their future growth potential.
Here are some of the important facts that you need to know:
- AUM: Rs 2745 crore
- Market Cap: 2806.40 Cr
- Volume: 10.77 Lakhs
- Risk: Very High risk
- Minimum lump sum investment: Rs 5,000
- Fund Symbol: MAFANG
- NAV: Rs 113.39
- Expense Ratio: 0.63%
ICICI Prudential Mutual Fund – BHARAT 22 ETF
This is another one of the top 10 ETF funds in India that you can consider investing in. This ETF is for investing which is due to its diversified portfolio of blue-chip stocks from key sectors of the Indian economy. Additionally, it also offers investors exposure to well-established companies with a strong growth potential, benefits of diversification ,also liquidity exchange traded funds provide.
- AUM: Rs 16,195 crore
- Market Cap: 16.981.76 Cr
- Volume: 11.96 Lakhs
- Risk: Very High risk
- Minimum lump sum investment: Rs 5,000
- Fund Symbol: ICICIB22
- NAV: Rs 99.18
- Expense Ratio: 0.07%
Invesco India Gold ETF
This is another one of the best ETF to invest in 2024 India. This ETF is an investment fund that is intended to track the gold price in India. When you invest in exchange-traded funds, you get exposure to gold’s performance without having to own or store the precious metal physically.
Here are some of the important facts that you need to know:
- AUM: Rs 233 crore
- Market Cap: 241.20 Cr
- Volume: 0.03 Lakhs
- Risk: High risk
- Minimum lump sum investment: Rs 5,000
- Fund Symbol: IVZINGOLD
- NAV: Rs 7584.65
- Expense Ratio: 0.55%
HDFC Nifty50 Value 20 ETF
Another top 10 ETF funds in India that you can consider investing in India. This is a value-oriented exchange-traded fund that aims to create wealth by predominantly investing in stocks that are traded at a discount to their intrinsic value. With value investing, there is an increased focus on identifying the undervalued stocks which has the potential for long-term capital appreciation.
Here are some of the important facts that you need to know:
- AUM: Rs 35 crore
- Market Cap: 36.43 Cr
- Volume: 0.04 Lakhs
- Risk: Very High risk
- Minimum lump sum investment: Rs 5,000
- Fund Symbol: HDFCVALUE
- NAV: Rs 126.02
- Expense Ratio: 0.20%
Nippon India ETF Gold BeES
This is another one of the top 10 ETF funds in India, which you need to know about investment in ETF. With this ETF, investors can take exposure to gold price movements without physically holding gold. During this time, the investment in GOLDBEES would provide returns linked to gold bullion, a safe-haven asset and a hedge against inflation and currency depreciation.
Here are some of the important things that you need to know:
- AUM: Rs 18,780 crore
- Market Cap: 19,067.22 Cr
- Volume: 54.16 Lakhs
- Risk: High risk
- Minimum lump sum investment: Rs 10,000
- Fund Symbol: GOLDBEES
- NAV: Rs 72.32
- Expense Ratio: 0.82%
What are the Advantages of Investing in ETFs?
If you are looking to invest in the top ETF funds in India, then here are some of the advantages that you need to know:
Low Costs
With ETFs, there are typically lower expense ratios compared to actively managed mutual funds, as they passively track an index rather than relying on active management.
Transparency
This is another advantage of investing in ETFs. With ETFs, they will disclose their holdings daily, allowing investors to see what securities are included in the fund.
Liquidity
This is another significant advantage of investing in ETFs. They are significantly traded on stock exchanges throughout the trading day, which will allow investors to buy as well as sell shares at market prices.
Conclusion
These are the top 10 ETF funds in India that you can significantly invest in to grow your passive income. That’s all, folks. I hope the article will help you get all the information you need.
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