Several players dominate the Indian ETF market, offering a wide range of ETF products to cater to different investment needs.
These key players have contributed significantly to the market’s growth and have introduced innovative products that cater to both retail and institutional investors.
Nippon India Mutual Fund
Formerly known as Reliance Mutual Fund, Nippon India has been a key player in the Indian ETF market.
They offer a variety of ETFs, including equity, debt, and gold ETFs. Their Nifty BeES remains one of the most popular ETFs in India.
ICICI Prudential Mutual Fund
ICICI Prudential is another prominent player, known for its range of sectoral and thematic ETFs. Their Bharat Bond ETF is a flagship product in the bond ETF segment, providing exposure to high-quality public sector bonds.
HDFC Mutual Fund
HDFC offers both equity and gold ETFs. Their Nifty 50 ETF is a popular choice for investors seeking exposure to India’s top companies.
SBI Mutual Fund
SBI, one of India’s largest mutual fund houses, offers a variety of ETFs, including sector-specific ETFs like SBI Nifty Bank ETF and gold ETFs. They have a strong presence in both equity and commodity ETFs.
Aditya Birla Sun Life Mutual Fund
This fund house has a growing portfolio of ETFs, including sectoral, equity, and debt products. Their participation has contributed to increasing the diversity of products available in the Indian ETF market.
Motilal Oswal Mutual Fund
Known for their innovative products, Motilal Oswal offers a range of international ETFs, providing Indian investors access to global markets such as the NASDAQ 100 through the Motilal Oswal NASDAQ 100 ETF.
These major players have helped shape the ETF market in India, making ETFs a viable and popular investment option for both institutional and retail investors.