The 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 focused on index tracking.

This ETF employs a passive investment approach, tracking the Nifty India Consumption TRI by investing in the underlying securities in the same proportion as the index constituents.

With a fund size of ₹200.6 Cr, the ETF showcases a diversified portfolio with significant allocations in Automobiles (24.5%) and Diversified FMCG (16.5%), highlighting a concentration risk in these sectors.

The fund has demonstrated strong performance with a 1Y return of +10.3% and a 3Y CAGR of 17.8%, indicating consistent growth amidst a favorable market environment and low tracking error of 0.03%.

An expense ratio of 0.31% reflects operational efficiency, while the fund is managed by Jitendra Tolani, who brings 19 years of experience, ensuring informed investment decisions within this sector.