The Nippon India ETF Nifty 5 Yr Benchmark GSec, managed by Nippon Life India Asset Management Limited, aims to replicate the Nifty 5 Yr Benchmark G-Sec Index, focusing on government securities.

Adopting a passive investment strategy, this fund primarily invests in government securities that constitute the Nifty 5 Yr Benchmark G-Sec Index, ensuring low credit risk and high interest rate exposure.

With a substantial allocation of 96.27% in the 6.01% GOI bond maturing in July 2030, the fund exhibits concentration risk, highlighting its focus on government bonds over cash and receivables.

The fund has demonstrated solid performance with an annual return of 8.7% over the past year, while maintaining a low tracking error of 0.14%, indicating effective index replication.

With an expense ratio of just 0.09%, the fund boasts a total AUM of ₹263.1 Cr, ensuring cost efficiency and accessibility for investors seeking exposure to government securities.