The Nippon India ETF Nifty SDL Apr 2026 Top 20 Eq.Wgt., managed by Nippon Life India Asset Management Limited, aims for long-term income through investments in State Development Loans.

This ETF employs an equal-weighted strategy, tracking the Nifty SDL Apr 2026 Top 20 Equal Weight Index, which reflects a moderate interest rate risk and low credit risk profile.

The portfolio is heavily concentrated in State Government Bonds at 97.8%, with minimal allocations to Government of India bonds and cash, indicating a focused investment approach.

Performance metrics show a 1-year return of +6.6% and a 3-year CAGR of +7.2%, with a tracking error of just 0.33%, suggesting effective benchmark alignment and risk management.

With an AUM of ₹5034.0 Cr and a low expense ratio of 0.2%, this ETF offers efficient access to SDL investments under the guidance of experienced fund manager Vivek Sharma.