Top-performing ETFs in 3 years till May 31, 2023: as many as six ETFs have given over 36% returns in the three years till May 31, 2023.
Top-performing ETFs in 3 years till May 31, 2023: An Exchange Traded Fund (ETF) provides the diversification benefits of a mutual fund while allowing the trading of the units on a stock exchange. ETFs allow people to invest in a large number of securities at once. They can also be traded easily. However, like any other financial product, ETFs are also not suitable for everyone. Therefore, investors need to examine the ETF on various parameters like fees, ease of purchase and sale etc. before investing. In case of confusion, it is always better to consult an experienced financial advisor.
According to data on the website of the Association of Mutual Funds in India (AMFI), as many as six ETFs have given over 36% returns in the three years till May 31, 2023. Of these, two ETFs have given more than 53% returns in three years. However, none of these ETFs has been able to beat their respective indices. Following is a list of such ETFs.
Kotak Nifty PSU Bank ETF
Kotak Nifty PSU Bank ETF has given a return of 53.15% in three years. This ETF tracks NIFTY PSU Bank Total Return Index, which has given a return of 54.30% in this duration.
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Nippon India ETF Nifty PSU Bank BeES
Nippon India ETF Nifty PSU Bank BeES has given a return of 53.24% in three years. This ETF tracks NIFTY PSU Bank Total Return Index, which has given a return of 54.30% in this duration.
BHARAT 22 ETF
BHARAT 22 ETF has given a return of 37.76% in three years. This ETF tracks S&P BSE Bharat 22 Total Return Index, which has given a return of 38.12% in this duration.
ICICI Prudential Nifty Midcap 150 ETF
ICICI Prudential Nifty Midcap 150 ETF has given a return of 36% in three years. This ETF tracks NIFTY Midcap 150 Total Return Index, which has given a return of 36.74% in this duration.
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Motilal Oswal Nifty Midcap 100 ETF
Motilal Oswal Nifty Midcap 100 ETF has given a return of 36.69% in three years. This ETF tracks NIFTY Midcap 100 Total Return Index, which has given a return of 37.74% in this duration.
Nippon India ETF Nifty Midcap 150
Nippon India ETF Nifty Midcap 150 has given a return of 36.35% in three years. This ETF tracks NIFTY Midcap 150 Total Return Index, which has given a return of 36.74% in this duration.
Disclaimer: The above content is for information purposes only based on AMFI website data as of May 31, 2023. Mutual Funds/ETFs are subject to market risks. There is no assurance or guarantee that the above funds will give the same returns in future. Investors are advised to consult their financial advisors before investing.
As a finance enthusiast deeply versed in investment instruments like Exchange Traded Funds (ETFs), I've been extensively involved in analyzing market trends, evaluating diverse investment portfolios, and staying abreast of financial data and indices. My understanding encompasses the nuanced workings of ETFs, their advantages, risks, and the critical factors affecting their performance.
The provided article discusses the top-performing ETFs over a three-year period until May 31, 2023, showcasing a range of ETFs with returns exceeding 36%. This data, sourced from the Association of Mutual Funds in India (AMFI), emphasizes the performance of specific ETFs relative to their respective indices.
Exchange Traded Funds (ETFs) are investment vehicles that combine aspects of mutual funds and stocks, providing diversification benefits while being traded on stock exchanges. They enable investors to access a bundle of securities simultaneously, offering ease of trade. However, their suitability varies for individual investors, necessitating a comprehensive assessment encompassing factors such as fees, liquidity, and market conditions before investing.
The listed ETFs and their corresponding performances against their benchmark indices are:
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Kotak Nifty PSU Bank ETF: Returned 53.15% in three years, tracking the NIFTY PSU Bank Total Return Index, which yielded 54.30% during this period.
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Nippon India ETF Nifty PSU Bank BeES: Generated returns of 53.24% over three years, mirroring the NIFTY PSU Bank Total Return Index's performance at 54.30%.
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BHARAT 22 ETF: Achieved a return of 37.76% in three years, following the S&P BSE Bharat 22 Total Return Index, which returned 38.12% during this duration.
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ICICI Prudential Nifty Midcap 150 ETF: Delivered a 36% return in three years, aligned with the NIFTY Midcap 150 Total Return Index, which achieved 36.74% during this timeframe.
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Motilal Oswal Nifty Midcap 100 ETF: Earned a return of 36.69% over three years, tracking the NIFTY Midcap 100 Total Return Index's performance at 37.74%.
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Nippon India ETF Nifty Midcap 150: Garnered a return of 36.35% in three years, in line with the NIFTY Midcap 150 Total Return Index, which achieved 36.74% during this period.
It's important to note that while these ETFs showcased impressive returns, none outperformed their respective indices. This underscores the significance of thorough analysis and due diligence before making investment decisions, emphasizing the involvement of experienced financial advisors.
This information, based on AMFI website data as of May 31, 2023, serves as a valuable guide, but it's crucial to acknowledge that past performance doesn't guarantee future returns. Investors should exercise caution, conduct meticulous research, and seek professional advice to align their investments with their financial goals and risk tolerance.
