Top 5 ETF mutual funds with up to 113% returns in 1 year
Top 5 ETF Mutual Funds: Exchange-traded fund are mutual funds that are traded like stocks. One needs Dmat account to trade ETFs. According to the Association of Mutual Funds in India (AMFI), ETFs track an index, a commodity, bonds, or a basket of assets like an index fund. Unlike net asset value (NAV) price, which is calculated at market close, the traded price of ETFs change throughout the day like any other stock, as ETFs are bought and sold on the stock exchange. The trading value of an ETF depends on the NAV of the underlying stocks that it represents. Given the rise of the market, many of the ETFs have been consistent performers in the last 1 year. The top ETFs have given annualised returns of over 78.10% at least. Here is a list of them.
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CPSE ETF
The ETF at top has given annualised returns of 112.08%.
The fund's assets under management (AUM) are worth 39,197.32, while its NAV size is Rs 87.63.
Motilal Oswal S&P BSE Enhanced Value ETF
The ETF has give an annual return of 93.20%.
The fund's AUM is Rs 61 crore, while its NAV is trading at Rs 87.63.
Kotak Nifty Alpha 50 ETF
The fund has given annualised return of 79.25%.
The fund's AUM is worth Rs 122 crore, while its NAV size is Rs 51.31.
ICICI Pru Nifty PSU Bank ETF
The fund's annual returns are 78.52%.
Its AUM size is Rs 57 crore, while its NAV is worth Rs 72.59.
Kotak Nifty PSU Bank ETF
The fund has annual returns of 78.10%.
Its AUM is Rs 1,687 crore, while its NAV is Rs 718.23.