There were around 237 passive funds active in the market in the first half of 2024. Of 237 passive funds, 195 funds offered double-digit returns and 42 funds gave single-digit returns. Here are the top 10 performers, according to the data by ACE MF.
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2/7
Three from auto sector
ICICI Prudential Nifty Auto ETF, the topper on the list, offered 35.71% returns in the first six months of 2024. Nippon India Nifty Auto ETF and ICICI Pru Nifty Auto Index Fund gave 35.68% and 34.89% returns, respectively, in the same time period.
IANS
3/7
Mirae Asset Nifty India Manufacturing ETF
Mirae Asset Nifty India Manufacturing ETF, a manufacturing sector-based ETF, offered 32.46% returns in the first six months of 2024.
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4/7
Kotak Nifty Alpha 50 ETF
Kotak Nifty Alpha 50 ETF offered 32.10% return in the first six months of 2024.
Agencies
5/7
Two with 29%
UTI Nifty 500 Value 50 Index Fund and Motilal Oswal BSE Enhanced Value Index Fund delivered 29.46% and 29.26% returns, respectively, in the first half of 2024.
iStock
6/7
PSU Bank ETFs
Two PSU Bank ETFs — ICICI Prudential Nifty PSU Bank ETF and DSP Nifty PSU Bank ETF — gave 28.64% and 28.62% returns, respectively, in the first half of 2024.
Agencies
7/7
UTI BSE Sensex Next 50 ETF
UTI BSE Sensex Next 50 ETF offered 26.16% return in the first six months of 2024.
