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As per CRISIL Mutual Fund Ranking for the quarter ended June 2023, four ETFs have made it to the list of top-performing passive funds.
These include ICICI Prudential Nifty 50 ETF, SBI S&P BSE Sensex ETF, UTI Nifty 50 ETF and UTI S&P BSE Sensex ETF.
As against the last quarter, ICICI Prudential Nifty 50 ETF moved two positions up and the ranking of UTI S&P BSE Sensex ETF improved by one place. The ranking of SBI S&P BSE Sensex ETF and UTI Nifty 50 ETF remained unchanged.
Seven ETFs and one index fund occupied the second spot. These include HDFC NIFTY 50 ETF, ICICI Prudential S&P BSE Sensex ETF, Kotak S&P BSE Sensex ETF, Mirae Asset ETF - Nifty 50 (MAN50ETF), Nippon India ETF Nifty 50 BeES, Quantum Nifty 50 ETF, SBI Nifty 50 ETF and UTI Nifty 50 Index Fund.
While Mirae Asset ETF - Nifty 50 (MAN50ETF) and Quantum Nifty 50 ETF moved up by one place, Nippon India ETF Nifty 50 BeES and SBI Nifty 50 ETF slipped by one spot. The ranking of the other four funds remained the same.
Likewise, 18 funds occupied the third spot.
Overall, CRISIL evaluated 42 passive funds and assessed them on various parameters including tracking errors for assigning a ranking.
Here are the 26 funds that made it to the top three.
|
June 2023 Ranking |
ELSS Funds |
March 2023 Ranking |
|
1 |
ICICI Prudential Nifty 50 ETF |
3 |
|
SBI S&P BSE Sensex ETF |
1 |
|
|
UTI Nifty 50 ETF |
1 |
|
|
UTI S&P BSE Sensex ETF |
2 |
|
|
2 |
HDFC NIFTY 50 ETF |
2 |
|
ICICI Prudential S&P BSE Sensex ETF |
2 |
|
|
Kotak S&P BSE Sensex ETF |
2 |
|
|
Mirae Asset ETF - Nifty 50 (MAN50ETF) |
3 |
|
|
Nippon India ETF Nifty 50 BeES |
1 |
|
|
Quantum Nifty 50 ETF |
3 |
|
|
SBI Nifty 50 ETF |
1 |
|
|
UTI Nifty 50 Index Fund |
2 |
|
|
3 |
Aditya Birla Sun Life Nifty 50 ETF |
3 |
|
Aditya Birla Sun Life Nifty 50 Index Fund |
5 |
|
|
Aditya Birla Sun Life S&P BSE SENSEX ETF |
3 |
|
|
Axis NIFTY 50 ETF |
3 |
|
|
DSP NIFTY 50 Index Fund |
4 |
|
|
HDFC Index Fund - Nifty 50 Plan |
3 |
|
|
HDFC Index Fund - S&P BSE Sensex Plan |
2 |
|
|
HDFC S&P BSE Sensex ETF |
3 |
|
|
ICICI Prudential Nifty 50 Index Fund |
3 |
|
|
ICICI Prudential S&P BSE Sensex Index Fund |
3 |
|
|
Kotak Nifty 50 ETF |
2 |
|
|
LIC MF Nifty 50 ETF |
3 |
|
|
LIC MF S&P BSE Sensex ETF |
3 |
|
|
Nippon India ETF S&P BSE Sensex |
2 |
|
|
Nippon India Index Fund - Nifty 50 Plan |
4 |
|
|
Nippon India Index Fund - S&P BSE Sensex Plan |
5 |
|
|
SBI Nifty Index Fund |
3 |
|
|
Tata Nifty 50 Exchange Traded Fund |
3 |
