Nippon India ETF Nifty Next 50 Junior BeES, managed by Nippon Life India Asset Management Limited, is a passive equity scheme aiming to replicate the Nifty Next 50 TRI performance through direct index investments.

The fund employs a passive investment strategy, meticulously tracking the Nifty Next 50 TRI by investing in the index's constituent securities proportionately, ensuring alignment with benchmark performance.

With a fund size of ₹6867.1 Cr, the portfolio exhibits concentration in sectors like Finance and Power, while top holdings include Hindustan Aeronautics Limited and TVS Motor Company Limited, highlighting diversification challenges.

In terms of performance, the fund has demonstrated robust growth with a 1Y change of +55.1% and a 3Y CAGR of 17.3%, reflecting strong market positioning and effective tracking efficiency.

Operationally, the fund features a low expense ratio of 0.17% and a minimal tracking error of 0.06%, managed by Himanshu Mange since December 2023, ensuring cost-effective investment access for participants.