Nippon India ETF Nifty 5 Yr Benchmark GSec

The Nippon India ETF Nifty 5 Yr Benchmark GSec, managed by Nippon Life India Asset Management Limited, aims for long-term income through investments in gilt securities, following a passive investment style.

This ETF replicates the Nifty 5 Yr Benchmark G-Sec Index, employing a tracking methodology that minimizes deviations from the benchmark, achieving a tracking error of just 0.1%.

The fund's portfolio is heavily concentrated in government bonds, with 98.66% allocated to securities like 6.01% GOI and 6.75% GOI, posing potential concentration risks.

Performance metrics reveal a 1-year return of 8.0% and a 3-year CAGR of 8.4%, highlighting consistent returns in a stable interest rate environment.

With an expense ratio of 0.09% and an AUM of ₹295.95 Cr, this ETF offers cost-effective access to gilt securities, managed by experienced fund manager Pranay Sinha since April 2021.