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Overview

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The Aditya Birla Sun Life Nifty Bank ETF, managed by Aditya Birla Sun Life Asset Management Company Limited, aims to mirror the returns of the Nifty Bank Index through a passive investment strategy.

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This open-ended ETF employs a tracking approach to closely follow the Nifty Bank TRI benchmark, with a minimal tracking error of 0.02%, enhancing its replication efficiency.

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The portfolio is heavily concentrated in the banking sector, with top holdings such as HDFC Bank at 28.5% and ICICI Bank at 24.4%, indicating significant concentration risk.

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Over the past year, the ETF has delivered an impressive return of 16.3%, with a consistent CAGR of 12.0% over three years, reflecting strong performance amidst market fluctuations.

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With a fund size of ₹2641.5 Cr and a low expense ratio of 0.14%, this ETF offers efficient access to the banking sector, managed by Ms. Priya Sridhar since Dec 2024.

AMC

Aditya Birla Sun Life Asset Managemen...

Manager

Ms. Priya Sridhar

Benchmark

Nifty Bank TRI

Fund Size

2,642

Expense Ratio (%)

0.14%

Tracking Error (%)

0.02%

PE

Beta

Low Risk

Volatility

0.13

Dividend Yield (%)

52W Low

47.83

52W High

61.42

Standard Deviation

0.850

Risk Level

Technicals

Bullish

RSI

69.69

EMA 50

59.58

EMA 200

56.58

Technicals

Oscillators

BearishNeutralBullish

Neutral

Bearish

2

Neutral

9

Bullish

3

Overall

BearishNeutralBullish

Bullish

Bearish

3

Neutral

9

Bullish

34

Moving Averages

BearishNeutralBullish

Bullish

Bearish

1

Neutral

0

Bullish

31

Overall

BearishNeutralBullish

Bullish

Bearish

3

Neutral

9

Bullish

34

Holdings(Top 10 Holdings)

CompanyWeightage (%)
HDFC Bank Limited28.49%
ICICI Bank Limited24.38%
State Bank of India9.17%
Kotak Mahindra Bank Limited8.96%
Axis Bank Limited8.78%
Indusind Bank Limited3.14%
Bank of Baroda3.10%
The Federal Bank Limited3.08%
IDFC First Bank Limited2.99%
Canara Bank2.71%

Allocation

Industry
Asset
Industry
No ConstituentsNo Constituents

No data found

Peers

No ConstituentsNo Constituents