The ICICI Prudential Nifty India Consumption ETF, managed by ICICI Prudential Asset Management Company, is a passive index fund designed to mirror the performance of the Nifty India Consumption Index.

Utilizing a replication strategy, this ETF closely tracks the Nifty India Consumption TRI, aiming for minimal tracking error, currently at a mere 0.03%.

The fund's portfolio is heavily concentrated in diversified FMCG and automobile sectors, with top holdings like ITC Ltd. and Bharti Airtel Ltd., indicating a sector-focused investment approach.

Over the past year, the ETF has delivered a return of 9.96%, while its three-year CAGR stands impressively at 17.69%, showcasing strong performance amidst market fluctuations.

With an AUM of ₹69.1 Cr and an expense ratio of just 0.2%, the fund remains accessible, managed by experienced professionals, ensuring efficient operational management.