Aditya Birla Sun Life Nifty Next 50 ETF

The Aditya Birla Sun Life Nifty Next 50 ETF, managed by Aditya Birla Sun Life Asset Management Company Limited, aims to mirror the Nifty Next 50's performance with a market cap weighted strategy.

This open-ended scheme targets returns closely aligned with the Nifty Next 50 TR Index, employing a replication approach while maintaining a minimal tracking error of 0.12%.

The fund's portfolio reflects a strong concentration in the finance sector at 10.79%, with key holdings including Cholamandalam Investment and Finance Company Limited and Tata Power Company Limited, indicating potential concentration risks.

Performance metrics reveal a one-year decline of -11.97%, contrasted by impressive three and five-year CAGR of 17.62% and 20.70%, respectively, showcasing resilience in longer-term horizons despite recent volatility.

With an AUM of ₹46.6 Cr and a low expense ratio of 0.09%, the fund offers efficient cost management, while trading on NSE under the symbol MBETF176 ensures accessibility for investors.