Best Equity ETF Mutual Funds

Exchange Traded Funds trade on the exchange like a share and typically track an index. They generally carry the lowest costs available, but you need a demat account and you trade at market price rather than at end-of-day NAV.

We currently track 246 direct-plan Equity ETF schemes from 20 fund houses with a median 5-year CAGR of 6.8%. Every figure below is calculated from official daily NAV history and refreshed each day. Use the column headers to re-rank the table by any period — the best 1-year performer is often not the best over 5 or 10 years, which is exactly why we default to the longer horizon.

Showing 50 of 246 schemes · sorted by Y5 high to low · page 3 of 5

Rank by1Y CAGR 3Y CAGR 5Y CAGR 10Y CAGR

Sort by1M 6M 1Y 3Y 5Y 10Y

Mutual funds with CAGR across 1, 3, 5 and 10 year horizons
#	Fund	Category	NAV	Today	1Mreturn	6Mreturn	1YCAGR	3YCAGR	5YCAGR	10YCAGR
101	HDFC NIFTY100 Low Volatility 30 ETF - Growth OptionHDFC · #150658	Equity ETF	₹19.03	-0.57%	-4.78%	-3.86%	-8.45%	+8.39%	—	—
102	HDFC NIFTY IT ETF - Growth OptionHDFC · #150801	Equity ETF	₹30.31	-0.79%	-1.99%	-6.80%	-18.12%	-1.96%	—	—
103	HDFC NIFTY Private Bank ETF - Growth OptionHDFC · #150802	Equity ETF	₹27.68	-0.37%	-1.16%	+2.10%	-1.98%	+5.92%	—	—
104	ICICI Prudential Nifty Financial Services Ex-Bank ETFICICI Prudential · #150879	Equity ETF	₹30.33	+0.48%	-6.34%	-1.59%	-2.63%	+13.31%	—	—
105	DSP Nifty Bank ETFDSP · #151262	Equity ETF	₹56.31	-0.61%	-2.96%	-0.66%	-2.56%	+7.83%	—	—
106	HDFC NIFTY Midcap 150 ETF - Growth OptionHDFC · #151374	Equity ETF	₹21.90	+0.08%	-5.39%	+2.32%	-0.20%	+14.01%	—	—
107	HDFC NIFTY Smallcap 250 ETF - Growth OptionHDFC · #151375	Equity ETF	₹178.91	+1.12%	-3.27%	+13.35%	+4.22%	+12.83%	—	—
108	HDFC BSE 500 ETF - Growth OptionHDFC · #151376	Equity ETF	₹35.07	-0.20%	-4.62%	-1.30%	-6.08%	+8.13%	—	—
109	ICICI Prudential Nifty PSU Bank ETFICICI Prudential · #151572	Equity ETF	₹81.45	-1.18%	-3.86%	-7.43%	+4.43%	+16.58%	—	—
110	Axis BSE Sensex ETFAxis · #151585	Equity ETF	₹74.71	-0.76%	-3.83%	-5.68%	-11.75%	+3.79%	—	—
111	Mirae Asset Nifty 100 Low Volatility 30 ETFMirae Asset · #151604	Equity ETF	₹190.52	-0.57%	-4.78%	-3.89%	-8.49%	+7.91%	—	—
112	DSP Nifty IT ETFDSP · #151820	Equity ETF	₹30.12	-0.79%	-1.88%	-6.66%	-17.87%	-2.02%	—	—
113	Mirae Asset Nifty Bank ETFMirae Asset · #151857	Equity ETF	₹560.29	-0.61%	-3.00%	-0.67%	-2.53%	+7.88%	—	—
114	DSP BSE Sensex ETFDSP · #151886	Equity ETF	₹74.27	-0.75%	-3.81%	-5.67%	-11.71%	+3.75%	—	—
115	DSP Nifty Private Bank ETFDSP · #151887	Equity ETF	₹27.59	-0.37%	-1.13%	+2.13%	-1.95%	+5.89%	—	—
116	DSP Nifty PSU Bank ETFDSP · #151888	Equity ETF	₹81.22	-1.18%	-3.83%	-7.27%	+4.75%	+16.70%	—	—
117	ICICI Prudential Nifty 200 Quality 30 ETFICICI Prudential · #151907	Equity ETF	₹19.58	-0.14%	-4.41%	-2.82%	-8.15%	+5.58%	—	—
118	UTI Nifty Midcap 150 Exchange Traded Fund - Direct Plan - GrowthUTI · #152050	Equity ETF	₹218.65	+0.08%	-5.38%	+2.39%	-0.13%	+13.01%	—	—
119	Mirae Asset BSE Sensex ETFMirae Asset · #152097	Equity ETF	₹74.30	-0.76%	-3.82%	-5.68%	-11.78%	+3.81%	—	—
120	Motilal Oswal Nifty 500 ETFMotilal Oswal · #152106	Equity ETF	₹22.34	-0.20%	-4.58%	-1.09%	-5.64%	+8.61%	—	—
121	Mirae Asset Nifty 200 Alpha 30 ETFMirae Asset · #152134	Equity ETF	₹25.16	+0.30%	-4.97%	+2.01%	-0.88%	+14.71%	—	—
122	Mirae Asset Nifty IT ETFMirae Asset · #152155	Equity ETF	₹30.07	-0.79%	-1.99%	-6.76%	-18.05%	-0.83%	—	—
123	DSP Nifty Healthcare ETFDSP · #152306	Equity ETF	₹16.00	-0.05%	-3.93%	+10.15%	+5.83%	—	—	—
124	HDFC NIFTY PSU BANK ETF - Growth OptionHDFC · #152350	Equity ETF	₹81.25	-1.18%	-3.84%	-7.40%	+4.49%	—	—	—
125	UTI Nifty IT ETF - Direct Plan - GrowthUTI · #152355	Equity ETF	₹298.45	-0.79%	-1.97%	-6.78%	-18.01%	—	—	—
126	Bajaj Finserv Nifty 50 ETFBajaj Finserv · #152356	Equity ETF	₹230.45	-0.70%	-4.40%	-5.45%	-10.44%	—	—	—
127	Bajaj Finserv Nifty Bank ETFBajaj Finserv · #152357	Equity ETF	₹55.91	-0.61%	-2.97%	-0.65%	-2.54%	—	—	—
128	LIC MF Nifty Midcap 100 ETFLIC · #152404	Equity ETF	₹59.06	+0.08%	-5.72%	+2.18%	+0.20%	—	—	—
129	Mirae Asset Nifty Smallcap 250 Momentum Quality 100 ETFMirae Asset · #152455	Equity ETF	₹47.82	+1.14%	-2.85%	+14.89%	+5.01%	—	—	—
130	Motilal Oswal Nifty Realty ETFMotilal Oswal · #152541	Equity ETF	₹81.35	+0.75%	-4.51%	+7.57%	-9.31%	—	—	—
131	Motilal Oswal Nifty Smallcap 250 ETFMotilal Oswal · #152546	Equity ETF	₹17.84	+1.12%	-3.23%	+13.36%	+4.24%	—	—	—
132	Aditya Birla Sun Life Nifty PSE ETFAditya Birla Sun Life · #152620	Equity ETF	₹9.50	+0.23%	-6.05%	-9.87%	-6.12%	—	—	—
133	Mirae Asset Nifty MidSmallcap400 Momentum Quality 100 ETFMirae Asset · #152634	Equity ETF	₹50.00	+0.69%	-2.98%	+5.15%	+2.95%	—	—	—
134	Zerodha Nifty Midcap 150 ETF - Direct PlanZerodha · #152668	Equity ETF	₹10.89	+0.08%	-5.38%	+2.69%	+0.54%	—	—	—
135	Zerodha Nifty 100 ETF - Direct PlanZerodha · #152667	Equity ETF	₹9.86	-0.52%	-4.53%	-4.00%	-8.48%	—	—	—
136	Mirae Asset Nifty EV and New Age Automotive ETFMirae Asset · #152715	Equity ETF	₹29.84	+1.10%	-6.57%	+3.12%	-3.61%	—	—	—
137	ICICI Prudential Nifty Oil & Gas ETFICICI Prudential · #152748	Equity ETF	₹10.47	-0.45%	-5.84%	-6.47%	-9.62%	—	—	—
138	Groww Nifty EV & New Age Automotive ETFGroww · #152764	Equity ETF	₹29.74	+1.10%	-6.50%	+3.11%	-3.63%	—	—	—
139	ICICI Prudential Nifty Metal ETFICICI Prudential · #152769	Equity ETF	₹12.04	-0.42%	-8.00%	-2.89%	+17.36%	—	—	—
140	Mirae Asset Nifty500 Multicap 50:25:25 ETFMirae Asset · #152811	Equity ETF	₹15.78	+0.04%	-4.42%	+1.79%	-3.22%	—	—	—
141	DSP Nifty Top 10 Equal Weight ETFDSP · #152812	Equity ETF	₹82.86	-1.09%	-2.83%	-6.82%	-14.08%	—	—	—
142	Groww Nifty India Defence ETFGroww · #152845	Equity ETF	₹91.12	+1.28%	-6.16%	+9.36%	+13.92%	—	—	—
143	Motilal Oswal Nifty India Defence ETFMotilal Oswal · #152846	Equity ETF	₹100.14	+1.28%	-6.25%	+9.38%	+13.96%	—	—	—
144	Edelweiss Nifty Bank ETFEdelweiss · #152857	Equity ETF	₹55.45	-0.62%	-2.97%	-0.72%	-2.67%	—	—	—
145	Motilal Oswal Nifty 500 Momentum 50 ETFMotilal Oswal · #152874	Equity ETF	₹52.52	+0.76%	-3.44%	+4.48%	-0.51%	—	—	—
146	Mirae Asset Nifty Metal ETFMirae Asset · #152924	Equity ETF	₹12.08	-0.42%	-8.01%	-2.65%	+17.67%	—	—	—
147	Mirae Asset Nifty PSU Bank ETFMirae Asset · #152929	Equity ETF	₹81.00	-1.18%	-3.84%	-7.36%	+4.63%	—	—	—
148	ICICI Prudential Nifty200 Value 30 ETFICICI Prudential · #152932	Equity ETF	₹14.09	-0.49%	-5.67%	-8.86%	+2.78%	—	—	—
149	Edelweiss Nifty500 Multicap Momentum Quality 50 ETFEdelweiss · #152981	Equity ETF	₹40.25	+0.91%	-3.81%	-0.50%	-4.47%	—	—	—
150	Edelweiss BSE Capital Markets & Insurance ETFEdelweiss · #153180	Equity ETF	₹23.08	+0.84%	-1.34%	-1.28%	-1.25%	—	—	—

Equity ETF funds — frequently asked questions

Which Equity ETF fund has the highest 5-year CAGR?

Nippon India ETF Nifty PSU Bank BeES - Direct Plan currently leads the Equity ETF category with a 5-year CAGR of 25.4%. Past returns describe what already happened and do not predict future performance — treat the ranking as a starting point for research, not a recommendation.

What is a good 5-year return for a Equity ETF fund?

Across the 246 Equity ETF schemes we track, the median 5-year CAGR is 6.8%. Comparing a fund against that median, rather than against the category's single best performer, is a more realistic benchmark.

How is CAGR calculated on this page?

CAGR is the compound annual growth rate between the NAV on the horizon start date and the latest NAV, using growth-plan NAVs published by the AMCs. Where a scheme's NAV history has a gap or a re-denomination, we adjust for it rather than report a distorted figure. Expense ratios are already reflected in NAV; exit loads and taxes are not.

Why does this list only show direct plans?

Direct plans have no distributor commission, so their expense ratio is lower and their NAV growth is higher than the regular plan of the same scheme. Showing both would list every fund twice, so we rank direct plans only.