Top 5 index ETFs by 3-month returns: Nippon India ETF Nifty IT tops the chart
The top five index ETFs delivered an average 3-month return of 9.2%. See how the top fund performed.
Moneycontrol Desk
August 18, 2026 / 15:38 IST
The three-month return chart for the index ETF category is led by Nippon India ETF Nifty IT, which delivered 11.8 percent. HDFC NIFTY Smallcap 250 ETF and Nippon India ETF Nifty PSU Bank BeES occupy the next two positions with returns of 9.7 percent and 8.4 percent, respectively, according to ACE MF data on August 17.
The ranking considers only schemes with assets under management of at least Rs 1,500 crore. Among the top five funds that meet this criterion, Nippon India ETF Nifty PSU Bank BeES has the largest corpus at Rs 4,003.9 crore.
The benchmark comparison is also important. Nippon India ETF Nifty IT trailed its benchmark by 9.5 percentage points on a one-year basis, with the benchmark returning -0.3%. It was also trailed its benchmark by 7.5 percentage points on a three-year basis, with the benchmark returning 9.1%.
The order changes on a six-month basis. HDFC NIFTY Smallcap 250 ETF delivered the strongest return among these five schemes at 13.9 percent.
The order changes on a one-year basis. Nippon India ETF Nifty PSU Bank BeES delivered the strongest return among these five schemes at 24.0 percent.
The order changes on a three-year basis. Kotak Nifty PSU Bank ETF delivered the strongest return among these five schemes at 24.0 percent.
Return rankings across mutual funds can shift when the comparison window changes. This makes it useful to read the headline return along with shorter and longer return periods.
Table: Top 5 index ETFs by three-month return
| Fund name | 3-month return (%) | AUM (Rs crore) | 1-month return (%) | 6-month return (%) | 1-year return (%) | 3-year return (%) |
|---|---|---|---|---|---|---|
| Nippon India ETF Nifty IT | 11.8 | 3,848.5 | 5.5 | -6.2 | -9.8 | 1.6 |
| HDFC NIFTY Smallcap 250 ETF | 9.7 | 2,604.2 | 1.8 | 13.9 | 10.1 | 17.4 |
| Nippon India ETF Nifty PSU Bank BeES | 8.4 | 4,003.9 | 3.8 | -8.0 | 24.0 | 24.0 |
| Kotak Nifty PSU Bank ETF | 8.3 | 2,433.0 | 3.8 | -8.0 | 23.9 | 24.0 |
| SBI Nifty Next 50 ETF | 8.0 | 3,049.8 | 3.9 | 7.4 | 12.9 | 20.1 |
Note: The ranking considers only schemes with minimum assets under management of Rs 1,500 crore. Returns and AUM are according to ACE MF data on August 17. One-year and three-year returns are CAGR; one-month, three-month and six-month returns are absolute returns. AUM is in Rs crore.
What is an index ETF?
Exchange-traded funds are listed mutual fund products that generally track an index, commodity or basket of securities. Their performance should be assessed alongside the underlying benchmark, tracking difference and liquidity.