Aditya Birla Sun Life Nifty Bank ETF

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

This open-ended scheme employs a tracking approach that closely follows the Nifty Bank TRI, although tracking errors may cause performance discrepancies relative to the index.

The portfolio is heavily concentrated in leading banks, with HDFC Bank and ICICI Bank making up a combined 54.6% of total holdings, indicating potential concentration risk within the banking sector.

In terms of performance, the fund has demonstrated a 1-year change of +1.3% and a robust 3-year CAGR of 12.2%, showcasing consistent returns in a volatile market environment.

With a fund size of ₹2551.5 Cr and an expense ratio of just 0.14%, the ETF remains cost-efficient, while the manager, Ms. Priya Sridhar, brings nearly a year of experience to the role.