The ICICI Prudential BSE Midcap Select ETF, managed by ICICI Prudential Asset Management Company, aims to replicate the performance of the BSE Midcap Select Index with a passive investment approach.

This ETF utilizes a tracking strategy focused on the BSE Midcap Select TRI, ensuring minimal tracking errors while providing exposure to midcap equities in India.

The portfolio is concentrated in sectors like Financial Services and Capital Goods, with top holdings including Dixon Technologies and Suzlon Energy, reflecting a diverse midcap exposure.

Performance metrics indicate a 1Y return of +4.1% and a robust 3Y CAGR of 20.9%, showcasing the fund's ability to deliver substantial returns over time.

With an AUM of ₹87.47 Cr and an expense ratio of 0.15%, this ETF presents a cost-efficient option for investors seeking midcap equity exposure.