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

This passive fund replicates the Nifty SDL Apr 2026 Top 20 Equal Weight Index, ensuring a tracking error of only 0.36%, which reflects its efficient management strategy.

With a significant allocation of 98.12% in State Government Securities, the fund exhibits concentrated exposure, which may heighten risk but aligns closely with its investment objective.

Over the past year, the fund has delivered a return of 6.8%, while the three-year CAGR stands at 7.4%, indicating consistent performance in a stable income-focused investment environment.

The fund's expense ratio is notably low at 0.2%, and with an AUM of ₹5114 Cr, it provides ample liquidity, managed by experienced fund manager Vivek Sharma since March 2021.