The Motilal Oswal Nifty India Tourism ETF, managed by Motilal Oswal Asset Management Company Limited, aims to replicate the total returns of the Nifty India Tourism Index, focusing on passive investment.

This ETF employs a passive strategy to track the Nifty India Tourism Total Return Index, ensuring that returns closely align with index performance while acknowledging potential tracking error.

Portfolio concentration is notable, with top holdings including Interglobe Aviation Ltd. and The Indian Hotels Company Ltd., each constituting 20.1%, reflecting a significant focus on leisure services and transport.

Over the past year, the ETF has experienced a decline of -1.3%, illustrating potential volatility, while the absence of tracking error data necessitates caution regarding performance consistency against its benchmark.

With an AUM of ₹2.85 Cr and an expense ratio of 0.52%, the fund is relatively small, indicating a low-cost structure in relation to its investment complexity and operational accessibility.