Exchange-Traded Funds (ETFs) offer investors a straightforward way to diversify their portfolios by tracking indices or sectors, such as the Nifty 50. ETFs blend the benefits of mutual funds with the flexibility of stocks, allowing you to hold a diversified set of assets that can be traded throughout the day on stock exchanges.
In this article, let’s explore top 5 ETFs based on 5 yr CAGR and also understand how ETFs can be a good addition to your portfolio.
For November 2024, here are some of the best-performing ETFs in India based on their 5-year CAGR, offering diverse sector exposure, robust fund management, and low expense ratios:
ETFs | Category | AUM(in Rs. cr) | Expense Ratio (%) | Benchmark Index | NAV in Rs | Return (%)5 yrs |
CPSE ETF | EQ-ETF | 44278.8 | 0.07 | Nifty CPSE | 91.43 | 29.44 |
Nippon India ETF Nifty Midcap 150 | EQ-ETF | 1752.2 | 0.21 | Nifty Midcap 150 – TRI | 213.19 | 27.91 |
Motilal Oswal Nifty Midcap 100 ETF | EQ-ETF | 554.4 | 0.22 | Nifty Midcap 100 – TRI | 59.69 | 27.61 |
Bharat 22 ETF | EQ-ETF | 20613.4 | 0.07 | BSE Bharat 22 Index – TRI | 112.28 | 25.13 |
ICICI Pru Thematic Advantage Fund(FOF)(G) | FOF-DOM | 1940.5 | 1.52 | NIFTY 200 – TRI | 213.68 | 24.98 |
Note: This list is dated November 4, 2024, and the funds are sorted based on above mentioned criteria.
Here’s a closer look at the top ETFs in India for November 2024, including their key features, historical performance, and unique advantages as shown in the table:
Managed by Himanshu Mange, the CPSE ETF focuses on a portfolio of central public sector enterprises. It is an equity ETF designed to mirror the Nifty CPSE Index.
Managed by Himanshu Mange, this ETF provides exposure to midcap stocks through the Nifty Midcap 150 – TRI index. An equity ETF focusing on the dynamic midcap segment.
Led by Swapnil P Mayekar, this ETF mirrors the Nifty Midcap 100 – TRI index, ideal for investors seeking midcap growth. As an equity ETF, it targets the midcap segment.
Managed by Nishit Patel, Bharat 22 ETF invests in a basket of large public sector enterprises across various sectors. Focused on equity, it tracks the BSE Bharat 22 Index – TRI, which comprises blue-chip companies with a broad industry base.
Overseen by Sankaran Naren, this fund provides thematic exposure through a fund-of-funds structure, giving investors access to a blend of large-cap and midcap stocks. This FOF belongs to the domestic segment, tracking the NIFTY 200 – TRI index
Each of these ETFs offers unique sector or market exposure with competitive expense ratios and strong performance. From stable public sector ETFs like CPSE and Bharat 22 to high-growth midcap funds like Nippon and Motilal Oswal, these ETFs provide opportunities to diversify your portfolio efficiently in November 2024.
ETFs have gained popularity for their affordability, transparency, and ease of trading. Here’s why ETFs are considered a smart choice for both beginners and experienced investors:
Selecting an ETF is a strategic decision that should align with your investment goals and risk tolerance. Here are key factors to consider when choosing an ETF:
In summary, these top-performing ETFs with strong 5-year returns are a smart choice for November 2024. They offer a steady path through the current market dip, giving your portfolio both growth and stability.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.
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