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Overview

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The Edelweiss Nifty Bank ETF, managed by Edelweiss Asset Management Limited, aims to replicate the total returns of the Nifty Bank Total Return Index, operating as an open-ended scheme.

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Utilizing a market cap weighted strategy, the fund tracks the Nifty Bank Total Return Index with a minimal tracking error of 0.06%, ensuring efficient replication of benchmark performance.

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The portfolio is heavily concentrated in financial services, with top holdings including HDFC Bank Ltd. at 28.5% and ICICI Bank Ltd. at 26.0%, indicating potential concentration risks.

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In the past year, the ETF has delivered a commendable return of 15.4%, reflecting strong performance in the banking sector amid favorable market conditions.

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With an expense ratio of just 0.1% and a fund size of ₹4.54 Cr as of Aug 2025, the ETF remains accessible and cost-effective for investors seeking exposure to the banking sector.

AMC

Edelweiss Asset Management Limited

Manager

Bhavesh Jain

Benchmark

Nifty Bank Total Return Index

Fund Size

5

Expense Ratio (%)

0.10%

Tracking Error (%)

0.06%

PE

Beta

Low Risk

Volatility

0.14

Dividend Yield (%)

52W Low

47

52W High

62.1

Standard Deviation

0.852

Risk Level

HIGH

Technicals

Bullish

RSI

60.76

EMA 50

58.70

EMA 200

55.68

Technicals

Oscillators

BearishNeutralBullish

Neutral

Bearish

1

Neutral

9

Bullish

4

Overall

BearishNeutralBullish

Bullish

Bearish

4

Neutral

9

Bullish

33

Moving Averages

BearishNeutralBullish

Bullish

Bearish

3

Neutral

0

Bullish

29

Overall

BearishNeutralBullish

Bullish

Bearish

4

Neutral

9

Bullish

33

Holdings(Top 10 Holdings)

CompanyWeightage (%)
HDFC Bank Ltd.28.53%
ICICI Bank Ltd.25.98%
State Bank of India9.08%
Kotak Mahindra Bank Ltd.8.08%
Axis Bank Ltd.7.80%
IndusInd Bank Ltd.3.36%
The Federal Bank Ltd.3.24%
IDFC First Bank Ltd.3.10%
Bank of Baroda2.97%
AU Small Finance Bank Ltd.2.78%

Allocation

Industry
Asset
Industry
No ConstituentsNo Constituents

No data found