Nifty PSU Bank ETFs: Attractive Returns and Low Costs

Nifty PSU Bank ETFs have gained significant attention in recent years due to their attractive returns and low costs, making them a popular choice among investors seeking to invest in the public sector banking space. With assets under management (AUM) of ₹4,078 crore, Nippon India ETF Nifty PSU Bank BeES is the largest ETF in this category.

Nifty PSU Bank Index Performance

The Nifty PSU Bank Index tracks the performance of 12 public sector banks listed on the National Stock Exchange (NSE). The index has delivered impressive returns over the years, with a 5-year CAGR of 28.57%. This means that an investment of ₹1 lakh made five years ago would have grown to approximately ₹3.51 lakh.

Here’s a look at the Nifty PSU Bank Index’s performance over the years:

1-Year: 18.81% CAGR, ₹1.19 lakh return on ₹1 lakh investment
3-Years: 26.34% CAGR, ₹2.01 lakh return on ₹1 lakh investment
5-Years: 28.57% CAGR, ₹3.51 lakh return on ₹1 lakh investment
10-Years: 12.54% CAGR, ₹3.25 lakh return on ₹1 lakh investment

Top 5 Nifty PSU Bank ETFs by AUM

The top 5 Nifty PSU Bank ETFs by AUM are:

Nippon India ETF Nifty PSU Bank BeES: ₹4,078 crore AUM, 18.20% 1-year returns, 27.80% 5-year returns
Kotak Nifty PSU Bank ETF: ₹2,263 crore AUM, 18.17% 1-year returns, 27.77% 5-year returns
DSP Nifty PSU Bank ETF: ₹302 crore AUM, 18.66% 1-year returns, – 5-year returns
ICICI Prudential Nifty PSU Bank ETF: ₹127 crore AUM, 18.31% 1-year returns, – 5-year returns
Mirae Asset Nifty PSU Bank ETF: ₹57 crore AUM, 18.56% 1-year returns, – 5-year returns

Market Impact and Details

Nippon India ETF Nifty PSU Bank BeES is the largest ETF in the Nifty PSU Bank Index category, managing ₹4,078 crore of assets. It is followed by Kotak Nifty PSU Bank ETF, while DSP Nifty PSU Bank ETF ranks third. Over the long term, Nippon India PSU Bank ETF generated a 5-year CAGR of 27.80%, while Kotak Nifty PSU Bank ETF gave 27.77% returns over the same period.

Key Takeaways

Nippon India ETF Nifty PSU Bank BeES is the largest ETF in the Nifty PSU Bank Index category, managing ₹4,078 crore of assets.
The Nifty PSU Bank Index has delivered impressive returns over the years, with a 5-year CAGR of 28.57%.
The top 5 Nifty PSU Bank ETFs by AUM are Nippon India ETF Nifty PSU Bank BeES, Kotak Nifty PSU Bank ETF, DSP Nifty PSU Bank ETF, ICICI Prudential Nifty PSU Bank ETF, and Mirae Asset Nifty PSU Bank ETF.

FAQs

What is the Nifty PSU Bank Index?

The Nifty PSU Bank Index tracks the performance of 12 public sector banks listed on the National Stock Exchange (NSE).

What are the top 5 Nifty PSU Bank ETFs by AUM?

The top 5 Nifty PSU Bank ETFs by AUM are Nippon India ETF Nifty PSU Bank BeES, Kotak Nifty PSU Bank ETF, DSP Nifty PSU Bank ETF, ICICI Prudential Nifty PSU Bank ETF, and Mirae Asset Nifty PSU Bank ETF.

What are the returns of Nippon India ETF Nifty PSU Bank BeES over the last 5 years?

Nippon India ETF Nifty PSU Bank BeES generated a 5-year CAGR of 27.80%.

Conclusion

Nifty PSU Bank ETFs have gained significant attention in recent years due to their attractive returns and low costs. The Nifty PSU Bank Index has delivered impressive returns over the years, with a 5-year CAGR of 28.57%. An investment of ₹1 lakh made five years ago would have grown to approximately ₹3.51 lakh. We recommend consulting a SEBI-registered advisor before making any investment decisions.