The Nippon India ETF Nifty 50 Shariah BeES, managed by Nippon Life India Asset Management Limited, is a passive equity ETF aiming to replicate the Nifty50 Shariah TRI's performance.

Utilizing a replication strategy, the fund invests in securities of the Nifty50 Shariah Index, ensuring proportional representation to track the benchmark effectively with a tracking error of just 0.1%.

The portfolio is heavily concentrated in the IT sector, with top holdings like Infosys Limited and Tata Consultancy Services Limited, collectively accounting for 41.64% of the total assets.

Performance metrics reveal a 1-year decline of -5.6%, while the 3-year and 5-year CAGR stand at 6.1% and 10.0%, respectively, indicating volatility amidst varying market conditions.

With a fund size of ₹54.6 Cr and an expense ratio of 0.96%, operational efficiency is maintained, while manager Jitendra Tolani brings 19 years of experience since his tenure began in Feb 2025.