The Kotak Nifty Midcap 50 ETF, managed by Kotak Mahindra Asset Management Company, aims to replicate the NIFTY Midcap 50 Index's performance, offering an open-ended investment structure with market cap weighting.

This ETF employs a tracking approach focused on the Nifty Midcap 50 TRI benchmark, ensuring returns closely align with the index while acknowledging potential tracking errors inherent in such strategies.

The portfolio exhibits a diverse sector allocation, with notable holdings in Telecom, Banks, and IT, reflecting a concentrated risk profile with the top sectors comprising significant portions of the fund.

Performance insights reveal a 1Y change of -5.5%, contrasting with a robust 3Y CAGR of 24.8%, indicating volatility yet strong long-term growth potential amidst market fluctuations.

With an AUM of ₹73.23 Cr and a low expense ratio of 0.05%, this ETF provides cost-efficient access to midcap equities, with liquidity supported by its listing on major exchanges.