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Best International ETFs to Invest in 2024
Investing in Indian ETFs: diversified options for your portfolio
Exchange-traded funds (ETFs) provide investors with an efficient way to gain diversified exposure to various sectors and indices of the Indian market. These instruments combine the flexibility of stocks with the diversification of mutual funds, making them an attractive option for many investors.
Main characteristics of Indian ETFs
Indian ETFs allow investors to trade during the day at market prices, providing significant liquidity and flexibility. Additionally, they generally have lower expense ratios compared to traditional mutual funds, making them a cost-effective investment option.
Highlights among Indian ETFs
The Nippon India ETF Nifty 50 BeES tracks the Nifty 50 index, including the 50 largest companies listed on the National Stock Exchange of India, with an expense ratio of only 0.04% and assets under management of Rs 21,580 million, providing broad exposure to the Indian market. The Nippon India ETF PSU Bank BeES focuses on the public banking sector, tracking the Nifty PSU Bank index, with an expense ratio of 0.49% and assets of Rs 2,561 million, ideal for investors interested in the Indian banking sector. The ICICI Prudential Mutual Fund - BHARAT 22 ETF features a diversified portfolio of blue-chip stocks from key sectors of the Indian economy, with an expense ratio of 0.07% and assets of Rs 16,624 million.
Technology and International ETFs
The Mirae Asset NYSE FANG+ ETF replicates the NYSE® FANG+™ index, which includes global leaders in technology, offering exposure to international tech giants with an expense ratio of 0.66% and an asset base of Rs 2,046 million.
Commodity ETF Options
For investors interested in precious metals, the Nippon India ETF Gold BeES offers exposure to gold without the need for physical possession, with an expense ratio of 0.79% and assets of Rs 8,929 million. Similarly, the Nippon India Silver ETF allows for investment in silver, featuring an expense ratio of 0.51% and assets of Rs 1,518 million, making it a good option for diversification in precious metals.
Final considerations
Indian ETFs offer a variety of options for investors seeking diversified exposure to the country's market. When choosing an ETF, it is important to consider factors such as the underlying index, the expense ratio, assets under management, and the risk profile. A careful analysis of these aspects can help investors select the ETFs that are most suitable for their financial goals and risk tolerance.