The LIC Nomura MF ETF - Nifty 100, managed by LIC Mutual Fund Asset Management Limited, aims to replicate the Nifty 100 Index, providing passive investment exposure to large-cap Indian equities.

Employing a passive strategy, this ETF tracks the Nifty 100 TRI, with a minimal tracking error of 0.08%, ensuring returns closely align with the benchmark's performance.

The portfolio is heavily concentrated in the banking sector, with top holdings like HDFC Bank Ltd. and ICICI Bank Ltd., constituting 25.95% of the total industry allocation.

Performance metrics indicate a solid 1Y return of +9.6% and a remarkable 3Y CAGR of 12.8%, reflecting consistent growth against market volatility and a robust risk-return profile.

With an AUM of ₹737.87 Cr and an expense ratio of 0.28%, the fund is efficiently managed by Mr. Sumit Bhatnagar, ensuring liquidity and cost-effectiveness for investors.