Nippon India ETF NIFTY 100, managed by Nippon Life India Asset Management Limited, employs a passive investment strategy aiming to replicate the Nifty 100 TRI performance by investing in its constituent securities.

The fund tracks the Nifty 100 TRI benchmark through a replication approach, ensuring that its portfolio mirrors the index's composition, thereby maintaining alignment with market movements.

Top holdings include HDFC Bank (10.65%) and Reliance Industries (7.11%), with a notable concentration in the banking sector at 25.85%, which poses potential concentration risk for investors.

The fund has shown robust performance with a 1Y return of +8.1% and a 3Y CAGR of 13.0%, reflecting strong growth amidst market volatility and efficient tracking with a minimal tracking error of 0.03%.

With an AUM of ₹318.6 Cr and an expense ratio of 0.5%, the fund is positioned competitively, while being managed by Himanshu Mange, who brings six years of experience to the helm.