Types Of ETFs In India

1) Nifty200 Value 30 ETF - This ETF follows a benchmark of Nifty200 Value 30 ETF . The Nifty200 Value
30 index consists of 30 companies from its parent Nifty 200 index, selected based on their ‘value’ scores.
The value score for each company is determined based on Earnings to Price ratio (E/P), Book Value to
Price ratio (B/P), Sales to Price ratio (S/P) and Dividend Yield.

2) Nifty 200 Momentum 30 ETF - This ETF follows a benchmark of Nifty 200 Momentum 30 ETF . The
Nifty200 Momentum 30 Index aims to track the performance of 30 high momentum stocks across large

and mid-cap stocks. The Momentum Score for each stock is based on recent 6-month and 12-month
price return, adjusted for volatility.

3) BSE Liquid Rate ETF – Growth - This ETF follows a benchmark of BSE Liquid Rate .BSE Liquid Rate
Index is designed to measure the returns from a daily rolling deposit at the Tri-Party Repo (TREP) rate.
Tri-party repo is a type of repo contract where a third entity (apart from the borrower and lender),
called a Tri-Party Agent, acts as an intermediary between the two parties to the repo to facilitate
services like collateral selection, payment and settlement, custody and management during the life of
the transaction. The Growth option allows the fund to reinvest income back into the scheme, leading to
an increase in the NAV over time. This is suitable for investors seeking capital appreciation without the
need for periodic income distributions.

4) BSE Liquid Rate ETF – IDCW - This ETF follows a benchmark of BSE Liquid Rate. The IDCW (Income
Distribution cum Capital Withdrawal) option allows the fund to distribute income to investors from its
surplus, subject to availability. This is akin to receiving dividends and can be beneficial for investors
seeking periodic income.

5) BHARAT 22 ETF – This ETF follows a benchmark of BSE Bharat 22 TRI . The BSE Bharat 22 Index is
designed to measure the performance of 22 select companies disinvested by the central government of
India.

6) Silver ETF - This ETF follows a benchmark of LBMA AM fixing Prices. The London Bullion Market
Association (LBMA) price fix is a critical benchmark in the global precious metals market, setting daily
reference prices for gold, silver, platinum, and palladium . AM fixing prices happens in the morning.

7) Gold ETF - This ETF follows a benchmark of LBMA AM Gold prices.

8) Nifty Healthcare - This ETF follows a benchmark of NIFTY Healthcare TRI . The Nifty Healthcare Index
is designed to reflect the behaviour and performance of the Healthcare companies. The Nifty Healthcare
Index comprises of maximum of 20 stocks that are listed on the National Stock Exchange.
9) Nifty IT ETF - This ETF follows a benchmark of Nifty IT TRI . Nifty IT provides investors and market
intermediaries with an appropriate benchmark that captures the performance of the IT segment of the
market in India.

10) Nifty Auto ETF - This ETF follows a benchmark of Nifty Auto TRI . The Nifty Auto Index is designed to
reflect the behaviour and performance of the Indian automobiles sector.

11) Nifty Private Bank ETF - This ETF follows a benchmark of Nifty Private Bank TRI . The Nifty Private
Bank Index is designed to reflect the performance of the banks from private sector.

12) BSE 500 ETF - This ETF follows a benchmark of BSE 500 TRI . The BSE 500 index is designed to be a
broad representation of the Indian market. Consisting of the top 500 companies listed at BSE Ltd., the
index covers all major industries in the Indian economy.

13) Nifty EV & New Age Automotive ETF - This ETF follows a benchmark of Nifty EV & New Age
Automotive TRI . The Nifty EV & New Age Automotive Index aims to track the performance of companies
which form a part of the EV ecosystem or are involved in the development of new age automotive
vehicles or related technology.

14) BSE Sensex ETF - This ETF follows a benchmark of BSE SENSEX TRI . The BSE SENSEX is a free-float
market-weighted stock market index of 30 well-established and financially sound companies listed on
the Bombay Stock Exchange.

15) BSE Midcap Select ETF - This ETF follows a benchmark of BSE Midcap Select TRI . The BSE MidCap
Select is a rules-based index designed to measure the performance of the 30 largest, most liquid
companies within the BSE MidCap.

16) Midcap 150 ETF - This ETF follows a benchmark of Nifty Midcap 150 TRI . Nifty Midcap 150
represents 150 companies (companies ranked 101-250) based on full market capitalisation from Nifty
500.

17) Nifty 100 ETF - This ETF follows a benchmark of Nifty 100 TRI . Nifty 100 represents top 100
companies based on full market capitalisation from Nifty 500. This index intends to measure the
performance of large market capitalisation companies. The Nifty 100 tracks the behavior of combined
portfolio of two indices viz. Nifty 50 and Nifty Next 50.

18) Nifty Next 50 ETF - This ETF follows a benchmark of Nifty Next 50 TRI . The Nifty Next 50 Index
represents 50 companies from Nifty 100 after excluding the Nifty 50 companies

19) Nifty Oil & Gas ETF - This ETF follows a benchmark of Nifty Oil & Gas TRI . The Nifty Oil & Gas Index is
designed to reflect the performance of the stocks belonging to Oil, Gas and Petroleum [Link] Nifty
Oil & Gas Index comprises of maximum of 15 stocks that are listed on the National Stock Exchange.

20) Nifty 50 ETF - This ETF follows a benchmark of Nifty 50 TRI . The Nifty 50 is a well diversified 50 stock
index and it represent important sectors of the economy.
21) Nifty 10 yr Benchmark G-Sec ETF - This ETF follows a benchmark of Nifty 10 yr Benchmark G-Sec
Index. The Nifty 10 yr Benchmark G-Sec Index is constructed using the price of 10 year bond issued by
the Central Government, India.

22) Nifty 5 yr Benchmark G-SEC ETF - This ETF follows a benchmark of Nifty 5 yr Benchmark G-sec Index .
The Nifty 5 yr Benchmark G-Sec Index is a single bond index tracking the most liquid 5 year benchmark
security issued by the Government of India.

23) Nifty Alpha Low- Volatility 30 ETF - This ETF follows a benchmark of Nifty Alpha Low -Volatility 30
TRI . The index is designed to reflect the performance of a portfolio of stocks selected based on top
combination of Alpha and Low Volatility.

24) Nifty PSU Bank ETF - This ETF follows a benchmark of Nifty PSU Bank TRI . The Nifty PSU Bank Index
is designed to reflect the performance of the public sector banks.

25) Nifty 200 Quality 30 ETF - This ETF follows a benchmark of Nifty 200 Quality 30 TRI . The Nifty200
Quality 30 Index . consists of 30 companies selected from Nifty 200 index, based on Return on Equity,
Debt equity ratio and Variability in EPS in the previous five years.

26) Nifty Bank ETF - This ETF follows a benchmark of Nifty Bank TRI. Nifty Bank Index provides investors
and market intermediaries with a benchmark that captures the capital market performance of Indian
Banks.

27) Nifty India Consumption ETF - This ETF follows a benchmark of Nifty India Consumption TRI .The
Nifty India Consumption Index is designed to reflect the behavior and performance of a diversified
portfolio of companies representing the domestic consumption sector which includes Consumer Non-
durables, Healthcare, Auto, Telecom Services, Pharmaceuticals, Hotels, Media & Entertainment, etc. and
where more than 50% of company’s revenue comes from domestic markets (other than export income

28) Nifty FMCG ETF - This ETF follows a benchmark of Nifty FMCG TRI . The Nifty FMCG Index is
designed to reflect the behavior of FMCGs Indian companies from (Fast Moving Consumer Goods)
(FMCG) sector .

29) Nifty Metal ETF - This ETF follows a benchmark of Nifty Metal TRI . The Nifty Metal Index is designed
to reflect the behavior and performance of the metals sector including mining in India.

30) Nifty50 Value 20 ETF - This ETF follows a benchmark of Nifty50 Value 20 TRI . The Nifty50 Value 20
Index is designed to reflect the behaviour and performance of a diversified portfolio of value companies
forming a part of Nifty 50 Index. This index consists of 20 companies which are selected on the basis of
Return on Capital Employed (ROCE), Price-Earnings (PE), Price to Book Value (PB) and Dividend yield
(DY).

31) Nifty 100 Low Volatility 30 ETF - This ETF follows a benchmark of Nifty 100 Low Volatility 30 TRI .
The Nifty100 Low Volatility 30 index tracks the performance of 30 stocks in Nifty 100 with the lowest
volatility in last one year.
32) Nifty Commodities ETF - This ETF follows a benchmark of Nifty Commodities TRI . The Nifty
Commodities Index is designed to reflect the behaviour and performance of a diversified portfolio of
companies representing the commodities segment which includes sectors such as Oil, Petroleum
Products, Cement, Power, Chemical, Sugar, Metals and Mining etc.

33) Nifty Financial Services Ex-Bank ETF - This ETF follows a benchmark of Nifty Financial Services Ex-
Bank TRI . The Nifty Financial Services Ex Bank Index which aims to track the performance of portfolio of
stocks from the Financial Services sector other than Banks. Stocks from eligible basic industries are
chosen based on 6 month average free-float market capitalization.

34) Nifty Infrastructure ETF - This ETF follows a benchmark of Nifty Infrastructure TRI . The Nifty
Infrastructure Index is designed to reflect the behavior and performance of a diversified portfolio of
companies representing the infrastructure sector which includes companies belonging to Telecom,
Power, Port, Air, Roads, Railways, shipping and other Utility Services providers.

General Types of ETFs in India

Equity ETF

Equity ETFs combine investing in equity stocks and equity mutual funds. Like any other company stock,
these ETFs get traded on the stock exchange, i.e., you can buy or sell ETFs at market prices in real-time.
They have lower costs and offer transparency. An Equity ETF is further classified as follows:

 Market-Based: Based on the market capitalisation, these ETFs can be divided into small-cap,
mid-cap and large-cap.

 Sector-Based: Instead of investing in different company stocks of various sectors, sector ETFs
invest in different companies within a specific sector, e.g., Bank ETFs, Pharma ETFs, Automobile
ETFs, etc.

 Factor-Based: Factor-based ETFs track indices based on several factors, including volatility,
momentum, size, alpha etc.

Debt ETFs

Another type of ETF in India, Debt ETFs invest in fixed-return instruments like government securities,
debentures, certificates of deposits, commercial papers, etc. These ETFs are primarily deemed as safe
investments that provide steady returns. Default risks are eliminated due to sovereign support.
 Commodity ETFs

Commodity ETFs invest in assets like gold, silver, platinum, etc. Fund managers passively manage these
ETFs. The NAV fluctuation depends on the demand and supply of commodities. Gold ETFs are the most
common, investing in a combination of stocks and physical gold. Investment in gold via ETFs entails a
lower cost than direct physical gold investments in jewellery. Also, when you do sell the ETFs, you do not
receive actual gold but its cash equivalent.

Liquid ETFs

Liquid ETFs invest in money market instruments or government securities with short-term maturity
tenures. This type of ETF is designed to minimise market volatility risk to offer returns resembling the
underlying market index it tracks.

Index EFTs

Index ETFs are the most common ETFs. They track market indices like Nifty, Sensex, Nifty 100, S&P BSE
Sensex etc. Returns of Index ETFs depend on returns of specific indices tracked by fund managers.

 How Are ETFs Different from Index Funds?

While both ETFs and index funds aim to replicate the performance of an index, there are some key
differences:

Feature ETFs Index Funds

Trading Traded on stock exchanges like stocks. Bought/sold via AMC at NAV.

Pricing Real-time pricing during market hours. NAV calculated at the end of the day.

Flexibility High; can buy/sell anytime during trading hours. Limited; transactions occur at day-end NAV.

Costs Lower expense ratios; brokerage fees applicable. Slightly higher expense ratios; no brokerage fees.