The Axis Nifty Healthcare ETF, managed by Axis Asset Management Company Limited, aims to replicate the returns of the NIFTY Healthcare Index, focusing on passive investment strategies.

Tracking the Nifty Healthcare TRI, this ETF employs a replication method to closely mirror index performance, maintaining a low tracking error of 0.03%, ensuring minimal deviation from its benchmark.

The fund's portfolio is heavily concentrated in the healthcare sector, with top holdings like Sun Pharmaceutical Industries Limited at 17.79% and a total equity allocation of 99.89%.

Over the past year, the ETF has delivered a return of 5.6%, with a robust three-year CAGR of 21.5%, showcasing strong performance relative to its healthcare index.

With a fund size of ₹19.47 Cr and an expense ratio of 0.34%, the ETF is positioned for efficient management under Mr. Karthik Kumar, who has 16 years of experience.