The best midcap ETFs focused on India can vary depending on market conditions, individual investment goals, and risk tolerance. However, here are five popular midcap ETFs that have generally performed well in the Indian market:
1. ICICI Prudential Nifty Midcap 50 ETF:
- Tracks the Nifty Midcap 50 Index, which consists of the top 50 midcap stocks on the National Stock Exchange of India (NSE).
- Offers exposure to a broad range of midcap companies in India.
- Has a low expense ratio.
2. HDFC Nifty Midcap 50 ETF:
- Tracks the Nifty Midcap 50 Index.
- Offers exposure to a broad range of midcap companies in India.
- Has a low expense ratio.
3. UTI Nifty Midcap 150 ETF:
- Tracks the Nifty Midcap 150 Index, which consists of the top 150 midcap stocks on the NSE.
- Offers exposure to a broader range of midcap companies in India.
- Has a low expense ratio.
4. Nippon India Nifty Midcap 150 ETF:
- Tracks the Nifty Midcap 150 Index.
- Offers exposure to a broader range of midcap companies in India.
- Has a low expense ratio.
5. Kotak Nifty Midcap 150 ETF:
- Tracks the Nifty Midcap 150 Index.
- Offers exposure to a broader range of midcap companies in India.
- Has a low expense ratio.
It’s important to note that past performance is not indicative of future results, and it’s essential to do your own research before investing in any ETF. You should also consider your investment goals, risk tolerance, and time horizon when choosing an Indian midcap ETF.
Disclaimer: This information is provided for educational purposes only and does not constitute financial advice. Please consult with a financial advisor before making any investment decisions. Sources and related content