The current market price of Nippon India ETF Nifty IT is ₹35.77. ETF prices fluctuate during market hours based on demand, supply, and movements in the underlying index or assets.

The Nippon India ETF Nifty IT, managed by Nippon Life India Asset Management Limited, is an Equity ETF employing a passive investment strategy aimed at tracking Nifty IT TRI performance. This fund invests in the Nifty IT Index securities, maintaining proportionality to achieve its benchmark, which is the NIFTY IT TRI, ensuring efficient tracking with minimal tracking error of 0.06%. Concentration in the IT sector is significant, with top holdings including Infosys Limited at 28.1%, Tata Consultancy Services Limited at 21.7%, and HCL Technologies Limited at 11.3%, indicating focused sector exposure. In the past year, the fund has shown a robust performance with a return of 14.5%, reflecting the strength of the IT sector, while maintaining a low expense ratio of 0.22% against its substantial AUM of ₹2896.96 Cr. Fund manager Jitendra Tolani, with 19 years of experience, oversees the fund, which is listed for trading, providing liquidity with minimal exit load implications for investors.

Nippon India ETF Nifty IT is designed to track NIFTY IT TRI, allowing investors to gain exposure to its underlying securities through a single investment.

The expense ratio of Nippon India ETF Nifty IT is 0.22%. This represents the annual fee charged by the fund house for managing the ETF and is deducted from the fund’s assets.

The Assets Under Management (AUM) of Nippon India ETF Nifty IT is approximately ₹2,908.24. AUM reflects the total market value of assets managed by the ETF and is often used as an indicator of fund size and liquidity.

Nippon India ETF Nifty IT is classified under the Very High risk category. The risk level depends on the volatility of the underlying index, market conditions, and asset composition of the ETF.

The tracking error of Nippon India ETF Nifty IT is 0.05%. Tracking error measures how closely the ETF’s performance matches its benchmark index over time.

Nippon India ETF Nifty IT does not currently declare dividends and may reinvest earnings into the fund. Dividend treatment depends on the ETF structure and fund house policy.

Based on available data, Nippon India ETF Nifty IT has delivered the following returns: 1-year return: -1.93%. 3-year return: -1.93%. 5-year return: -1.93%. Past performance does not guarantee future results.

Before investing in Nippon India ETF Nifty IT, investors generally consider the underlying index, expense ratio, tracking error, risk profile, liquidity, and how the ETF fits within their overall portfolio strategy.