The Axis S&P BSE Sensex ETF, managed by Axis Asset Management Company Limited, aims to mirror the total returns of the BSE Sensex TRI while minimizing tracking errors, within an open-ended structure.

This ETF adopts a market cap weighted approach, tracking the BSE Sensex TRI, with a minimal tracking error of 0.03%, ensuring close alignment with the benchmark's performance.

The fund's portfolio is heavily concentrated, with top holdings like HDFC Bank Limited at 15.3% and ICICI Bank Limited at 10.6%, reflecting a significant tilt towards the financial services sector at 39.2%.

Over the past year, the fund has delivered an impressive return of +42.3%, showcasing strong performance amidst market fluctuations, although longer-term CAGR figures remain unavailable.

With an AUM of ₹129.8 Cr and managed by Mr. Karthik Kumar since August 2023, the fund's accessibility is enhanced through its listing on major exchanges, though expense ratio details are not disclosed.