The ICICI Prudential Nifty ETF, managed by ICICI Prudential Asset Management Company, aims to replicate Nifty 50 Index returns, employing a passive investment style to minimize tracking error.

This ETF tracks the Nifty 50 TRI, focusing on a systematic replication strategy, ensuring returns closely align with the index performance while maintaining a low tracking error of 0.03%.

The portfolio is heavily concentrated in the financial sector, with top holdings including HDFC Bank (12.87%) and ICICI Bank (8.52%), highlighting potential concentration risks inherent in its structure.

Performance metrics indicate a robust growth trajectory, with a 1Y return of +10.0% and a 3Y CAGR of 13.2%, reflecting consistent performance amidst market fluctuations.

With an expense ratio of 0.0249% and an AUM of ₹32,452.9 Cr as of Sep 2025, the fund is efficiently managed, providing liquidity with a strong operational framework for investors.