Top 11 ETF Companies in India - Leading Eyewear Brands at a Glance

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Content Researcher   |   Updated 2026-07-07

Reviewed by ViewGates Editorial Team

Exchange Traded Funds or ETFs have quietly emerged as one of the easiest investment instruments for regular investors in India. They bring together the ease of investing in a stock with the diversification offered through a mutual fund. ETFs are a smart and economical way for a beginner investor or someone in search of adding a passive investment element to their portfolio. The last few years have seen a massive growth in the Indian ETF landscape and the top ETF companies in India have contributed significantly to it. More fund houses are launching ETFs, more categories are available, and more investors are taking notice.

Comparing the Top 11 ETF Companies in India

These ratings reflect ViewGates independent expert evaluation across weighted factors (service quality, support, market presence). They are not user-submitted scores.

Detailed Profile of the Top 11 ETF Companies in India

Here is the full overview of the top 11 ETF companies in India:

1. HDFC Asset Management Company

HDFC Asset Management Company is an investment management firm in India that manages mutual funds and portfolio solutions for retail and institutional investors. It operates as the asset management arm of the HDFC Group and offers equity, debt, hybrid, and solution-oriented schemes. The company is positioned among the larger private-sector asset managers in India in terms of assets under management, supported by a wide distribution network and strong brand recognition. Its key strengths include diversified fund offerings, risk-managed investment processes, and a large investor base across retail, HNI, and institutional segments.

2. ICICI Prudential

ICICI Prudential is an asset management company offering diversified investment products across equity, debt, hybrid, and liquid fund categories. It is a joint venture between ICICI Bank and Prudential Corporation Holdings and serves retail, high-net-worth, and institutional investors. The firm is among the prominent private mutual fund houses in India by assets under management and distribution reach. Its operations emphasize research-driven investment strategies, multi-category fund offerings, and a broad advisor network, enabling access to investors across urban and semi-urban markets.

3. SBI Funds Management

SBI Funds Management operates the mutual fund business of the State Bank of India group and provides investment products across equity, debt, hybrid, and money market categories. It leverages SBI’s extensive banking network for distribution, giving it strong penetration across urban and rural markets. The firm caters to retail investors, institutions, and corporate clients seeking diversified investment solutions. Its key strengths include large-scale distribution reach, strong parentage, and a broad product suite aligned with varying risk profiles and investment horizons.

4. Nippon Life India Asset Management

Nippon Life India Asset Management is an investment management company offering mutual fund schemes, portfolio management services, and alternative investment solutions. Formerly known as Reliance Nippon Life Asset Management, it is backed by Nippon Life Insurance of Japan. The company manages a wide range of equity, debt, and hybrid funds and serves retail and institutional investors across India. Its strengths include strong retail penetration, a large distributor network, and international backing, which supports its investment research and product development capabilities.

5. Kotak Mahindra Asset Management Company

Kotak Mahindra Asset Management Company is the mutual fund arm of Kotak Mahindra Group, offering diversified investment solutions across equity, debt, hybrid, and solution-oriented categories. The firm serves retail investors, high-net-worth individuals, and institutions. It is known for disciplined investment processes and a focus on risk-adjusted returns across market cycles. Kotak AMC benefits from the group’s financial services ecosystem, enabling integrated distribution and advisory capabilities across banking and wealth management channels.

6. Mirae Asset Investment Managers India

Mirae Asset Investment Managers India is part of the global Mirae Asset Financial Group and provides mutual fund products in India across equity, debt, and hybrid categories. The company focuses on research-driven investment strategies with an emphasis on long-term wealth creation. It primarily serves retail and institutional investors in India and has expanded its presence through digital platforms and distributor partnerships. Its key strengths include global investment expertise, a growing domestic product portfolio, and strong performance orientation in selected equity segments.

7. UTI Asset Management Company

UTI Asset Management Company is one of India’s oldest asset management firms, originating from the Unit Trust of India structure and later reconstituted as a mutual fund AMC. It offers equity, debt, hybrid, and thematic mutual fund schemes along with portfolio management services. The company serves retail investors, institutions, and retirement-focused clients. Its strengths include legacy brand recognition, deep experience in Indian capital markets, and a broad investor base built over several decades of operations.

8. Aditya Birla Sun Life Asset Management Company

Aditya Birla Sun Life Asset Management Company is a joint venture between Aditya Birla Capital and Sun Life Financial. It provides mutual fund products across equity, debt, hybrid, and solution-oriented categories. The firm serves retail investors, corporates, and institutional clients through a wide distribution network. Its strengths include strong brand backing, diversified investment offerings, and established presence across multiple investor segments in India. The company focuses on active fund management combined with advisory-led distribution.

9. Motilal Oswal Asset Management Company

Motilal Oswal Asset Management Company is part of Motilal Oswal Financial Services and focuses on equity-oriented mutual funds and passive investment products. The firm is known for its research-driven investment philosophy, particularly in value investing strategies. It serves retail and institutional investors across India. Its strengths include a focused product portfolio, strong equity research capabilities from its parent group, and increasing presence in index and ETF-based investing solutions.

10. Zerodha Fund House

Zerodha Fund House is an asset management venture associated with Zerodha, focusing on passive investment products such as index funds and exchange-traded funds. It aims to provide low-cost investment solutions aligned with passive investing principles. The firm primarily serves retail investors in India through digital-first distribution channels. Its strengths include strong integration with a large retail trading ecosystem, a technology-driven distribution model, and a focus on transparent, low-expense investment products.

11. Edelweiss Asset Management Company

Edelweiss Asset Management Company is the mutual fund and investment management arm of Edelweiss Financial Services. It offers equity, debt, hybrid, and alternative investment products to retail and institutional investors. The company has developed a presence in both active and passive fund segments, including ETFs. Its strengths include product diversification, integration with a broader financial services group, and experience in alternative investment strategies alongside traditional mutual fund offerings.

Key Evaluation Factors We Assess

This table highlights few factors that are used to evaluate the ETF companies:

Why Selecting the Right ETF Provider Is Important for Your Financial Safety

Not all ETFs are treated equal, and the fund house behind one matter more than most first-time investors realise. Factors like tracking error — how closely the ETF follows its benchmark index — liquidity on the exchange, and expense ratio can significantly affect your actual returns over time. A poorly managed ETF with low trading volume can be difficult to exit quickly, especially during volatile market conditions. Choosing the best ETF providers in India like UTI Mutual Fund or Kotak Mutual Fund means better index tracking, tighter bid-ask spreads, and the confidence that the fund is managed with proper regulatory compliance. For long-term investors, these differences compound quietly but meaningfully over years.

How to Select the Right ETF Companies to Manage Your Finance

The following are some major factors to choose the right ETF company for your financial safety:

• Check investment objective – Match ETFs with your financial goals and risk level.
• Compare expense ratio –Go for low-cost ETFs for better long-term returns.
• Evaluate fund performance – Review historical tracking accuracy and consistency.
• Assess liquidity –You should ensure high trading volume for easy buying and selling.
• Review fund house reputation –Select the ETF provider that is trusted broadly for their service.

ETF Trends in India: What You Should Know

Here are some major trends in ETF on India:

Product Range Insights

ETF offerings in India have expanded well beyond simple index funds tracking Nifty or Sensex. Fund houses are now launching sector-specific ETFs covering banking, IT, healthcare, and infrastructure, giving investors targeted exposure without stock-picking risk. Thematic ETFs based on ESG criteria, consumption patterns, and innovation themes are also entering the market steadily.

Demand patterns

Participation of retail investors in ETFs has seen a steep rise, driven largely by the popularity of systematic investment through SIP in passive funds. Institutional investors, including the Employees’ Provident Fund Organisation, too have helped boost ETF demand by channeling a part of their corpus into equity ETFs. This dual demand from retail as well as institutional buyers is helping create a more stable and liquid ETF market overall.

Expense Ratio and Pricing

Expense Ratio & Pricing ETFs are one of the most economical investment instruments available in India with expense ratios that are often in the range of 0.05% to 0.50% per annum. How do costs compare? International ETFs and gold ETFs have higher costs versus domestic equity index ETFs. Investors should not only check the expense ratio but also the fund’s average daily trading volume and the tracking difference when comparing options.

Types of ETFs Available

The Indian ETF market has equity ETFs, debt ETFs, gold ETFs, silver ETFs and international fund-of-funds structured as ETFs. The equity ETFs include broad market trackers like Nifty 50 and Sensex funds as well as mid-cap and small-cap index ETFs. Motilal Oswal Mutual Fund and Mirae Asset Mutual Fund have been particularly active in launching international and thematic ETF options for diversification-focused investors.

Regulatory and Transparency Standards

SEBI’s regulatory framework ensures that all ETFs in India disclose their portfolio holdings on a daily basis making them one of the most transparent investment products available. This level of disclosure helps investors know exactly what they own inside a fund at any given time. Aditya Birla Sun Life Mutual Fund and Edelweiss Mutual Fund are among those maintaining strong compliance and investor communication standards.

Market Overview

ETF has become India’s passive investment space in the last few years, led by ETFs and index funds. The EFT industry is expanding its landscape considerably as investors increasingly question whether actively managed funds consistently justify their higher costs. The shift toward passive investing is a global trend that India is now following with genuine momentum. The wide adoption for ETF investment is encouraging more fund houses to launch competitive, low-cost ETF products across asset classes.

Where to Invest

If you want to invest in ETF, you can visit the platforms, like Zerodha, Groww, and Upstox. These platforms are broadly used for investing by Indians, as they make the process straightforward for individual investors. You can also do direct investment through fund house websites for NFOs and new ETF launches. Before investing in any funds, you should compare the tracking error, liquidity, and expense ratio across similar ETFs from top providers that help ensure you are getting the best value for your investment.

How ViewGates evaluates and rates these companies

Our evaluations are conducted independently by the ViewGates Editorial & Research Team. To build a complete picture of each company, our analysts aggregate public sentiment and data from multiple external sources — including community and trade forums, survey data, verified reviews across the web, and direct industry inquiries — and combine this with our internal database and proprietary scoring criteria such as service quality, support, pricing, and overall market presence.

User sentiment is one input among many; final ratings reflect ViewGates' independent expert assessment and are not based on direct user submissions on this platform. We follow a structured, consistent methodology to ensure fair comparisons across companies. Learn more on our Methodology page. To suggest a correction, contact us at support@viewgates.com.