Nippon India ETF Nifty IT, managed by Nippon Life India Asset Management Limited, is an Equity ETF aiming to replicate the Nifty IT TRI through a passive investment strategy focused on IT sector securities.

The fund tracks the NIFTY IT TRI benchmark by investing in the same proportion of securities, ensuring high correlation with index performance, while maintaining a low tracking error of 0.06%.

With a substantial fund size of ₹2896.96 Cr, the ETF showcases a concentrated portfolio primarily in IT - Software, with Infosys and Tata Consultancy Services leading allocations at 28.1% and 21.7%, respectively.

Over the past year, the fund has delivered a return of 10.5%, reflecting solid performance amid market dynamics, while its low expense ratio of 0.22% enhances its attractiveness for investors.

Managed by Jitendra Tolani since February 2025, the ETF's liquidity is supported by its significant asset base and minimal cash holdings, ensuring efficient trading on exchanges.