Axis Nifty India Consumption ETF

The Axis Nifty India Consumption ETF, managed by Axis Asset Management Company Limited, aims to replicate the NIFTY India Consumption Index's returns, focusing on sector-specific investments in the consumer market.

This fund employs a tracking strategy with a minimal tracking error of 0.04%, ensuring close alignment with its benchmark, the Nifty India Consumption TRI, while navigating market fluctuations.

The portfolio is heavily concentrated in the consumer sector, with top holdings like ITC Limited and Bharti Airtel Limited, reflecting a 28.79% allocation to fast-moving consumer goods.

Performance has varied, with a one-year return of -7.0% contrasted by a robust 15.7% CAGR over three years, indicating potential for recovery amidst market challenges.

With an expense ratio of 0.38% and a fund size of ₹14.3 Cr, the ETF is accessible for investors seeking exposure to the consumer sector with efficient cost management.