The Nippon India ETF Nifty 50 BeES, managed by Nippon Life India Asset Management Limited, is a passive equity ETF aiming to replicate the Nifty 50 TRI performance through proportional investments.

This ETF employs a replication strategy by investing directly in the Nifty 50 Index constituents, ensuring minimal tracking error of just 0.02%, with Nifty 50 TRI as its benchmark.

The fund's portfolio features significant concentration in the banking sector, with 29.79% allocation, while key holdings include HDFC Bank Limited and ICICI Bank Limited, indicating potential concentration risks.

Over the past year, the fund delivered a return of 9.8%, with a robust 5-year CAGR of 16.4%, reflecting strong performance amidst market fluctuations and demonstrating consistent returns across periods.

With an expense ratio of 0.04% and a substantial AUM of ₹53,989.0 Cr, the fund is efficiently managed by Himanshu Mange, who brings 6 years of experience in the industry.