The ICICI Prudential Nifty Top 15 Equal Weight ETF, managed by ICICI Prudential Asset Management Company, targets returns mirroring the Nifty Top 15 Equal Weight Index with an equal-weighted investment style.

This ETF employs a replication strategy to track the Nifty Top 15 Equal Weight TRI, ensuring close alignment with its benchmark while minimizing tracking error.

The fund's portfolio is concentrated in the financial services sector, representing 40.1%, with significant allocations in automobiles and FMCG, highlighting a diversified yet focused approach.

Over the past year, the ETF has achieved a solid performance of +6.8%, indicating resilience in its investment strategy amidst market fluctuations.

With a modest AUM of ₹7.16 Cr and an expense ratio of 0.35%, the fund is positioned for efficient management relative to its complexity and size, enhancing investor accessibility.