The Bharat 22 ETF, managed by ICICI Prudential Asset Management Company, is an open-ended scheme aiming to replicate the BSE Bharat 22 Index returns while minimizing tracking error.

This ETF employs a market cap weighted strategy, focusing on the BSE Bharat 22 TRI benchmark, ensuring a close alignment with the index performance through effective tracking.

With a total AUM of ₹15685.9 Cr, the fund showcases a diverse portfolio, heavily weighted in sectors such as Financial Services and Oil, Gas & Consumable Fuels, indicating sector concentration risks.

Performance metrics reveal a 1-year change of -8.3%, yet impressive 3-year and 5-year CAGR of 28.9% and 35.6% respectively, highlighting strong long-term growth despite recent volatility.

Operationally, the fund maintains an efficient expense ratio of 0.07%, overseen by experienced managers, and features a high allocation to equities, enhancing its liquidity and accessibility for investors.