Top 7 ETF Mutual Funds: The fund at top has given 117% return; know about others
Top 7 ETF mutual funds: Exchange Traded Funds is a unique category of mutual funds where funds are traded like stock on exchanges. These funds are listed on exchanges like other stocks, and the buyer needs to have a demat account to trade ETFs. All ETFs track a particular index and invest in assets such as stocks, bonds, currencies, and commodities. Some of the prominent categories of ETFs are index ETF, fixed income ETF, commodity ETF, leveraged ETF, foreign market ETF, style ETF, and inverse ETF. Many of the ETFs have performed well in the last one year. Here is a list of them.
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CPSE ETF
The ETF has given an 116.77% return in the 1 year. It has assets under management (AUM) of Rs 39,197.32 crore, while its net asset value (NAV) is Rs 93.41.
Motilal Oswal S&P BSE Enhanced Value ETF
The ETF has given a total return of 96.12% in the 1 year. The fund has an AUM of Rs 61.10 crore, and its NAV is priced at Rs 103.21.
ICICI Prudential Nifty PSU Bank ETF
The fund has given a return of 84.02% in the 1 year. It has a NAV of Rs 57.97, and its AUM is worth Rs 44.36 crore.
Kotak Nifty PSU Bank ETF
The fund has given an 83.59% return in the 1 year. Its fund size is Rs 1,687.15 crore, while the NAV is worth Rs 740.84.
Nippon India ETF Nifty PSU Bank BeES
The fund has given an 83.49% return in the 1-year period. It has a fund size of Rs 2,875.67 crore, while the value of its NAV is Rs 82.50.
Kotak Nifty Alpha 50 ETF
The fund has given 81.80% returns in the 1 year. It has an AUM of Rs 121.90 crore, while its NAV is 53.38.
Nippon India Nifty Auto ETF
It has given a 72.85% return in the 1-year period. The fund's size is Rs 140.35 crore.