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Top IPO ETFs in India

IPO ETFs provide exposure to companies that have recently listed on the stock exchange. These funds track rule-based indices that include newly public firms for a defined period before removing them. By holding a basket of recent listings, IPO ETFs offer structured access to the early public market phase without selecting individual IPO stocks. Here is a list of the all listed IPO ETFs in India.

List of Best IPO ETFs in India for 2026

IPO ETF Stock Screener

IPO ETF Stock Screener: Analyse & Filter Indian Stocks on Tickertape

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NameStocks (2)Sub-SectorSub-SectorMarket CapMarket CapClose PriceClose PricePE RatioPE Ratio1D Return1D Return1M Return1M Return6M Return6M Return1Y Return1Y ReturnPB RatioPB RatioReturn on EquityReturn on EquityROCEROCEDividend YieldDiv YieldDebt to EquityDebt to EquityVolatility vs NiftyVolatility vs Nifty
1.Mirae Asset BSE Select IPO ETFSELECTIPOEquityEquity5.725.7241.3741.37---2.01-2.01-0.96-0.96-15.40-15.404.874.87----------1.491.49
2.MOTILAL OSWAL BSE SELECT IPO ETFMOIPOEquityEquity4.364.3641.5241.52---2.12-2.120.170.17-15.47-15.47-15.47-15.47----------1.431.43

Disclaimer: Please note that the above table is for informational purposes only, and is not recommendatory. Please do your own research or consult your financial advisor before investing. The data is derived from Tickertape Stock Screener and is subject to real-time updates.

Selection criteria: Based on publicly available information | Market Cap: Sorted from highest to lowest

What are IPO ETFs

IPO ETFs are exchange-traded funds that invest in a basket of companies that have recently gone public. They follow a rules-based index, include eligible new listings for a defined period, and trade on the stock exchange like shares.

Overview of the Top IPO ETFs

Mirae Asset BSE Select IPO ETF

The Mirae Asset BSE Select IPO ETF also follows the BSE Select IPO Total Return Index. It provides exposure to a portfolio of recent listings through a rule-based structure. The fund maintains similar stock weights as the index and allows investors to buy or sell units on the exchange like equities.

Motilal Oswal Bse Select IPO ETF

The Motilal Oswal BSE Select IPO ETF tracks the BSE Select IPO Total Return Index. It invests in companies that recently listed on the stock exchange and holds them in index weights. The ETF follows a passive strategy and trades like a share during market hours

How to Invest in IPO ETFs?

Here's how you can invest in IPO ETFs using Tickertape -

  1. Create an account on the Tickertape or log in if you already have one.
  2. Open IPO ETFs Screener
  3. You can evaluate each ETF’s performance trends and determine whether they align with your investment thesis.
  4. Once you’ve decided on an ETF, you can place a buy order through your brokerage account linked to Tickertape.

Further, you can analyse your overall portfolio and potential red flags in it by connecting it to Tickertape. Check out detailed analysis of your portfolio now!

Taxation on IPO ETFs

Capital gains tax on IPO ETFs depends on how long the units are held. The table below summarises the rates for short-term and long-term holdings.

Holding Period Tax Treatment
Short-Term (< 12 months) Gains taxed at a flat rate of 20% (increased from the previous 15%).
Long-Term (> 12 months) Gains taxed at 12.5%. Exemption applies to the first ₹1.25 Lakh of long-term gains across all equity assets in a financial year.

Advantages of Investing in IPO ETFs

Access to Newly Listed Companies

IPO ETFs provide exposure to businesses that have recently entered the stock market. These companies are in the early phase of public ownership, where expansion plans, investor participation, and analyst coverage often evolve.

Diversified IPO Participation

Instead of depending on the outcome of a single listing, the ETF spreads its allocation across many recently public firms. This reduces the impact of one company’s performance on the portfolio.

Structured and Rule-Based Inclusion

IPO indices follow defined eligibility norms such as listing age, liquidity, and market capitalisation. Stocks enter and exit the basket according to pre-announced review schedules.

Participation in Corporate Transition Phase

Many firms go through important operational and ownership changes after listing. IPO ETFs capture this period when businesses adapt to public market reporting, institutional flows, and broader shareholder bases.

Risks of Investing in IPO ETFs

Market Volatility Risk

Newly listed companies often show sharper price movements than established large caps. Earnings updates, guidance changes, and sentiment shifts can lead to significant fluctuations.

Limited Public Track Record

Since companies are relatively new to the exchange, historical financial and trading data may be shorter. Market participants may still be evaluating long-term profitability and governance standards.

Sector Concentration Risk

IPO pipelines sometimes cluster around specific industries such as technology, financial services, or consumer platforms. This can create heavier exposure to a narrow theme at certain times.

Lock-in and Ownership Transition Risk

Post-listing phases may include promoter or pre-IPO investor lock-in expiries. Such events can affect supply-demand dynamics and influence stock behaviour.

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Factors to Consider Before Investing in IPO ETFs

Rebalancing Impact

IPO indices frequently add new entrants and remove older constituents once they cross the eligibility window. ETFs must realign portfolios, which can create turnover and short-term variations.

Index Behaviour

IPO-focused indices may behave differently from broad market benchmarks. Performance often depends on listing cycles, investor appetite for new businesses, and sector representation during that period.

Portfolio Maturity

An IPO ETF can include a mix of very recent listings and companies that have spent more time in the public markets. This blend affects how stable earnings appear and how much price movement the portfolio may experience.

Liquidity on the Exchange

Trading activity in IPO ETFs can differ from widely followed benchmark funds. Volumes, bid-ask spreads, and available market depth may influence how prices move during buying or selling.

Expense and Tracking

Frequent additions of new listings and removal of older stocks can increase portfolio turnover. These changes may affect operating costs and create variations between the ETF’s return and that of the underlying index.

Tax and Transaction Costs

Transactions in ETF units attract brokerage, exchange levies, and taxes based on the holding period. These elements contribute to the final realised return relative to index performance.

Conclusion

IPO ETFs offer a systematic way to gain exposure to recently listed companies through a diversified, rule-based structure. They capture a unique phase in a company’s market journey, but they also carry risks related to volatility, shorter histories, and evolving ownership patterns.

Before taking exposure, investors should understand portfolio composition, liquidity, and cost structure carefully. The Tickertape Stock Screener provides filters that help analyse ETFs' volatility, past returns, expense ratios and more in a structured manner.

Frequently Asked Questions on IPO ETFs

  1. Is there an ETF for IPOs?

    Yes. IPO ETFs exist to track baskets of recently listed companies through a defined index methodology. These funds add eligible new public issues and remove stocks once they cross the permitted holding window or fail to meet criteria.

  2. Is IPO ETF a good investment?

    Whether IPO ETFs are a good investment or not depends on individual objectives, risk capacity, and time horizon. IPO ETFs can behave differently from broader indices because newly listed companies may show higher volatility and evolving earnings visibility across market phases.

    Disclaimer: This information is for educational purposes only and should not be considered investment advice.

  3. How do IPO ETFs work?

    IPO ETFs replicate an index that selects companies based on factors such as listing age, liquidity, and market capitalisation. The portfolio updates periodically as new firms enter the market and older constituents exit.

  4. Why are IPO ETFs considered different from broad market ETFs?

    IPO ETFs focus on businesses in the early years of public trading. These firms often go through price discovery, ownership changes, and adjustments in analyst expectations, which can lead to return patterns that differ from mature benchmarks.

  5. Do IPO ETFs hold companies forever?

    Most IPO indices retain stocks only for a defined period after listing. Once companies mature or exceed the eligibility window, the index replaces them with newer entrants.

  6. What costs are involved in IPO ETFs?

    Investors incur the IPO ETF’s expense ratio along with brokerage, exchange levies, and applicable taxes during transactions. These costs affect realised returns relative to the index.

  7. What are the advantages of investing in IPO ETFs?

    IPO ETFs provide exposure to recently listed companies through a diversified basket rather than a single stock. They follow transparent, rule-based inclusion criteria and offer access to the post-listing phase without requiring participation in individual IPO applications.

  8. What are the risks of investing in IPO ETFs?

    IPO ETFs may experience higher volatility due to limited public track records and ongoing price discovery in newly listed companies. Sector clustering, ownership transitions, and frequent portfolio changes can also influence return patterns.

  9. How to sell IPO ETFs?

    IPO ETF units are sold on the stock exchange through a brokerage platform, similar to shares. A sell order is placed during market hours, and settlement occurs as per exchange timelines once the order is executed.