3 equity ETFs deliver 32% to 41% CAGR in 5 years: Key points to know

While gold and silver exchange-traded funds (ETFs) have recently caught investors' attention amid a bull run in precious metal prices, data show that a few equity ETFs have performed much better over the last five years.

As many as three equity ETFs have each delivered an annualised compounded return of more than 30% in the five years ending November 25, 2025. According to data on the Association of Mutual Funds in India (AMFI) at the time of writing, these ETFs are:

• BHARAT 22 ETF

• CPSE ETF

• Kotak Nifty PSU Bank ETF

Let's look at how these ETFs invest and their performance in the last five years.

BHARAT 22 ETF

BHARAT 22 ETF has delivered an annualised return of nearly 32% (31.90%) in five years, outperforming its benchmark BSE Bharat 22 TRI.

This ETF was launched by the Government of India in 2017 and is currently managed by ICICI Prudential Mutual Fund. It invests in the constituents of the BSE Bharat 22 Index in the same proportion as the index and aims to deliver returns similar to the underlying index, subject to tracking error. However, there is no assurance or guarantee that the scheme's investment objectives will be achieved.

As per the Bharat 22 ETF's factsheet dated October 31, 2025, some of the top holdings in its portfolio were the following:

• Bharat Electronics Ltd: 5.85%

• State Bank Of India: 8.45%

• Axis Bank Ltd: 8.25%

• Larsen & Toubro Ltd: 16.18%

• Coal India Ltd: 4.81%

• ITC Ltd: 13.07%

• National Aluminium Company Ltd: 5.22%

• Oil & Natural Gas Corporation Ltd: 5.40%

• NTPC Ltd: 8.65%

• Power Grid Corporation Of India Ltd: 7.09%

CPSE ETF

CPSE ETF is an exchange-traded fund that invests primarily in central public sector enterprises. This ETF is managed by the Nippon India Mutual Fund.

CPSE ETF has delivered an annualised return of 37.34% in five years, outperforming its benchmark. It tracks Nifty CPSE TRI.

The ETF's factsheet dated October 31, 2025 says, "The fund employs a passive investment approach designed to track the performance of Nifty CPSE TRI. The fund seeks to achieve this goal by investing in securities constituting the Nifty CPSE Index in same proportion as in the Index."

Some of the top holdings in this ETF as of October 31, 2025 were the following:

• Bharat Electronics Limited: 20.75%

• Coal India Limited: 12.85%

• Oil & Natural Gas Corporation Limited: 14.45%

• Oil India Limited: 3.44%

• NTPC Limited: 19.43%

• Power Grid Corporation of India Limited: 19.01%

• NHPC Limited: 3.91%

Kotak Nifty PSU Bank ETF

Kotak Nifty PSU Bank ETF is managed by Kotak Mutual Fund. The scheme tracks Nifty PSU Bank Index. This ETF invests in stocks comprising the Nifty PSU Bank Index in the same ratio as per the index to the extent possible.

As per the fund's factsheet dated October 31, 2025, some of the top 10 holdings in the fund's portfolio were the following:

• State Bank of India: 32.44%

• Bank of Baroda: 14.56%

• Canara Bank: 13.08%

• Punjab National Bank: 12%

• Indian Bank: 8.6%

• Union Bank of India: 8.14%

• Bank of India; 4.82%

• Bank of Maharashtra: 2.63%

Kotak Nifty PSU Bank ETF has delivered an annualised return of 41.62% in five years. Its benchmark return in this duration is 42.56%.