The Nippon India ETF S&P BSE Sensex, managed by Nippon Life India Asset Management Limited, aims to replicate the BSE Sensex TRI through a passive investment strategy focused on index securities.

This ETF employs a tracking approach to mirror the BSE Sensex TRI, investing in constituent securities proportionately, ensuring minimal tracking error of just 0.02% against its benchmark.

The fund's portfolio is heavily concentrated in the banking sector, with notable allocations to HDFC Bank Limited at 15.06% and ICICI Bank Limited at 9.66%, reflecting a strong sectoral bias.

Over the past year, the fund has demonstrated a solid performance, achieving a return of 8.8%, while its 3-year CAGR stands at an impressive 12.3%, indicating consistent growth.

With an AUM of ₹22060.1 Cr and a low expense ratio of 0.04%, the fund is efficiently managed under Himanshu Mange, providing liquidity and competitive cost structure for investors.