Nippon India ETF Nifty India Consumption, managed by Nippon Life India Asset Management Limited, aims to replicate the Nifty India Consumption TRI through a passive investment strategy, ensuring aligned performance.

This ETF tracks the Nifty India Consumption TRI by investing in the same securities and proportions, highlighting a focused approach to mirror benchmark performance with minimal tracking error of 0.03%.

The fund's portfolio is concentrated in key sectors such as Automobiles and Diversified FMCG, with top holdings including ITC Limited and Mahindra & Mahindra, indicating potential sector-specific risks.

Performance metrics reveal a 1Y decline of -6.4%, yet the fund shows robust long-term growth with 5Y CAGR at 20.2%, suggesting resilience despite recent volatility in the consumption sector.

With an AUM of ₹176.5 Cr and an expense ratio of 0.31%, the fund is accessible and competitively priced, managed by Jitendra Tolani, who brings 19 years of experience to the role.