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Cafemutual has awarded 17 passive funds for exceptional performance at the award ceremony held during Cafemutual Passives Conference on May 12 at Taj Lands End, Mumbai.
Rashesh Shah, Chairman and CEO, Edelweiss Group and Prem Khatri, Founder and CEO, Cafemutual felicitated the winners.
Cafemutual Passives awards aim to improve the industry standards and bring to spotlight the potential of passives.
Team Cafemutual has carefully reviewed existing passives funds to declare awards across 14 passive fund categories based on various parameters like tracking error, tracking difference and impact cost. These categories have at least 5 schemes each with performance track record of at least a year.
Let us look at the winners:
|
Categories |
No. of funds evaluated |
Winners |
|
Best Large Cap Index Fund |
45 |
UTI Nifty 50 Index Fund |
|
Best Mid Cap Index Fund |
6 |
Nippon India Nifty Midcap 150 Index |
|
Best Small Cap Index Fund |
5 |
ABSL Nifty Smallcap 50 Index Fund |
|
Best Target Maturity Fund |
14 |
ABSL CRISIL IBX AAA Jun 2023 Index Fund |
|
Best Factor Index Fund |
5 |
UTI Nifty200 Momentum 30 Index Fund |
|
Best Large Cap ETF |
40 |
Nippon India ETF Nifty 50 BeES |
|
Best Bank ETF |
14 |
ICICI Prudential Nifty Bank ETF and Nippon India ETF Nifty Bank BeES |
|
Best IT ETF |
6 |
ICICI Prudential Nifty IT ETF |
|
Best Gold ETF |
11 |
Nippon India ETF Gold BeES |
|
Best TMF ETF |
8 |
Bharat Bond ETFs April 2023 |
|
Best Debt ETF |
6 |
Nippon India ETF Nifty 5 yr Benchmark G-Sec |
|
Best Factor ETF |
11 |
ICICI Prudential Nifty50 Value 20 ETF and ICICI Prudential Nifty 100 Low Volatility 30 ETF |
|
Best Midcap ETF |
6 |
ICICI Prudential S&P BSE Midcap Select ETF |
|
Best International ETF |
7 |
Motilal Oswal NASDAQ 100 ETF |
|
Best Emerging ETF Player |
All players |
Mirae Asset Mutual Fund |
