Best ETFs to Invest in India in 2024
ETFs account for around 13% of the total assets under management (AUM) of the mutual fund sector. It also accounts for ₹6.95 lakh crore of the mutual fund industry's total AUM, which is ₹53.40 lakh crore. Investing in ETFs is a highly preferred investment strategy among Indian investors.
This is because it provides diversification, is low-cost, and is easy to trade. However, there are too many options available. Discover the best ETFs invest India 2024. Before we look into these ETFs, remember to have your demat account number handy and know what is BO ID in demat account.
Topics Covered
- CPSE ETF
- Nippon India ETF Nifty 50 BeES
- UTI Nifty Next 50 ETF
- Bharat 22 ETF
- SBI Nifty Next 50 ETF
- Conclusion
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CPSE ETF
One of the largest ETFs in India, CPSE ETF (Central Public Sector Enterprises) has an AUM of ₹42,632.15 crore. It tracks the CPSE index and comprises India’s major public-sector companies, such as NTPC, Power Grid Corporation, Bharat Electronics, and Coal India.
Investors looking for exposure to India’s public sector should consider investing in this ETF, as it gives high returns and is low-cost, with an expense ratio of 0.05%. To invest in this ETF, you need to know your demat account number and what is BO ID in demat account because these details will be asked while trading through your brokerage.
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Particulars
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Figures
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AUM
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₹42,632.15 Cr
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3-Year Return
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57.17%
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5-Year Return
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34.85%
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Expense Ratio
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0.05%
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Nippon India ETF Nifty 50 BeES
The Nippon India ETF Nifty 50 BeES is among the best ETFs invest India 2024, as it reflects the performance of the Nifty 50 index. It was started in 2001 and mainly invests in financial services, IT, oil, and consumable fuels. With an AUM of ₹29,369.60 crore, it is a strong contender for investors wishing to take exposure to large-cap equity.
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Particulars
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Figures
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AUM
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₹29,369.60 Cr
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3-Year Return
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14.76%
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5-Year Return
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18.43%
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Expense Ratio
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0.04%
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UTI Nifty Next 50 ETF
Want to invest in companies that are ranked right below the top 50 on India’s stock market and gain exposure to emerging large-cap stocks? This ETF is known for its consistent returns.
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Particulars
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Figures
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AUM
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₹2,375 Cr
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3-Year Return
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22.78%
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5-Year Return
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23.70%
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Expense Ratio
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0.00%
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Bharat 22 ETF
The Bharat 22 ETF focuses on a diversified portfolio of public sector undertakings (PSUs) and large-cap private companies. Managed by ICICI, it tracks the S&P BSE Bharat 22 Index and holds companies like L&T, ITC, and SBI.
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Particulars
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Figures
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AUM
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₹18,903.54 Cr
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3-Year Return
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41.01%
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5-Year Return
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28.33%
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Expense Ratio
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0.05%
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SBI Nifty Next 50 ETF
SBI Nifty Next 50 ETF is a high-risk, high returns option best suited for investors looking to invest in companies listed in the Nifty Next 50 index. Being managed by SBI, it has an asset size of ₹2,859 crore, which shows great potential for growth and is best suited for aggressive investors.
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Particulars
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Figures
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AUM
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₹2,859 Cr
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3-Year Return
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22.73%
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5-Year Return
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23.54%
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Expense Ratio
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0.15%
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Conclusion
These are the some of the best ETFs invest India 2024. Investing in these ETFs can deliver good returns, but you should make sure that you are investing as per your portfolio’s financial goals. Keep your demat account number handy, and also understand what is BO ID in demat account to invest without any hassles in the Indian stock market.
Disclaimer: This blog is posted solely for educational purposes. The securities mentioned are examples and not recommendations. It is based on various secondary sources from the internet and is subject to change. Please consult an expert before making any related decisions.
