The ICICI Prudential BSE Sensex ETF, managed by ICICI Prudential Asset Management Company, seeks to mirror the BSE SENSEX Index's performance, embodying a passive investment strategy for growth-oriented investors.

Employing a tracking approach aligned with the BSE SENSEX TRI benchmark, this ETF aims to minimize tracking error while providing exposure to India’s leading stocks, primarily in the financial sector.

With significant allocations in major banks like HDFC Bank and ICICI Bank, the portfolio demonstrates a 39.6% concentration in financial services, posing potential risks from sector reliance.

Over the past year, the fund has delivered a return of 9.1%, with a robust 3-year CAGR of 12.4%, reflecting consistent performance amidst market volatility and a minimal tracking error of 0.02%.

The fund boasts an AUM of ₹23154.8 Cr and a low expense ratio of 0.0244%, enhancing its appeal for cost-conscious investors while ensuring liquidity through its exchange listings.