The Nippon India ETF S&P BSE Sensex, managed by Nippon Life India Asset Management Limited, aims to passively track the BSE Sensex TRI by replicating its constituent securities.

This fund utilizes a passive investment strategy, ensuring alignment with the BSE Sensex TRI's performance, while maintaining a low expense ratio of 0.04%, enhancing investor returns.

The portfolio is heavily concentrated in the banking sector, with 35.69% allocated to top banks like HDFC Bank and ICICI Bank, indicating potential concentration risk.

Performance metrics reveal a 1-year decline of -5.0%, contrasted with a robust 3-year CAGR of 13.4% and 5-year CAGR of 17.4%, showcasing resilience in a volatile market.

With a fund size of ₹19,881.3 Cr and a tracking error of just 0.02%, the fund offers excellent liquidity and accessibility on major exchanges, ensuring efficient trading for investors.