The Axis Nifty 50 ETF, managed by Axis Asset Management Company Limited, aims to replicate the total returns of the Nifty 50 TRI, operating under a passive investment style.

Employing a tracking strategy, this ETF maintains a minimal tracking error of 0.03%, ensuring close alignment with the Nifty 50 TRI benchmark, thus enhancing investor confidence.

With a substantial fund size of ₹995.15 Cr, the portfolio showcases significant concentration in financial services, notably with HDFC Bank and ICICI Bank comprising over 21% of total holdings.

The ETF has demonstrated robust performance, achieving a 1Y return of 9.8% and a 3Y CAGR of 13.2%, reflecting its effective tracking and market responsiveness amid varying conditions.

An efficient expense ratio of 0.04% complements the fund's structure, while Mr. Karthik Kumar, with 16 years of experience, oversees management since August 2023, ensuring strategic oversight.