The CPSE ETF, managed by Nippon Life India Asset Management Limited, is an open-ended index exchange-traded fund aiming to replicate the performance of the Nifty CPSE TRI through a passive investment strategy.

This fund invests in the Nifty CPSE Index securities in proportion to their index weights, ensuring effective tracking of the benchmark while maintaining a low tracking error of 0.08%.

The portfolio is heavily concentrated in the power sector, comprising 46.21% of assets, with notable holdings in NTPC Limited and Power Grid Corporation, indicating potential sector-specific risks.

Over the last year, the fund experienced a decline of 9.2%, contrasting with impressive 3-year and 5-year CAGR of 38.3% and 41.2%, respectively, showcasing strong long-term performance.

With an AUM of ₹32,051.91 Cr and an expense ratio of only 0.07%, the CPSE ETF presents an efficient investment vehicle, managed by experienced fund manager Jitendra Tolani since February 2025.