The LIC Nomura MF ETF - NIFTY 50, managed by LIC Mutual Fund Asset Management Limited, aims to replicate the NIFTY 50 Index's total returns, highlighting its passive investment strategy.

The fund employs a tracking approach to mirror the Nifty 50 TRI, maintaining a low tracking error of 0.06%, ensuring investors receive returns closely aligned with the benchmark.

Portfolio concentration is evident with significant allocations in the banking sector at 30.05%, featuring top holdings like HDFC Bank Ltd. and ICICI Bank Ltd., reflecting a focused investment strategy.

Performance metrics indicate a robust 1Y return of 11.5% and a 3Y CAGR of 13.1%, showcasing resilience in various market conditions while maintaining a low expense ratio of 0.06%.

With an AUM of ₹863.8 Cr and managed by Mr. Sumit Bhatnagar since October 2023, the fund's operational efficiency and liquidity are reinforced by its minimal exit load structure.