The Nippon India ETF S&P BSE Sensex Next 50, managed by Nippon Life India Asset Management Limited, aims to replicate the BSE Sensex Next 50 TRI through a passive investment strategy.

This ETF tracks the BSE Sensex Next 50 TRI by investing in its constituent securities in proportion, ensuring close alignment with the benchmark's performance and minimizing tracking error.

With a fund size of ₹84.34 Cr, the portfolio predominantly features equities, with top sector allocations in banks and finance, highlighting concentration risk in these areas.

Performance metrics show a positive trajectory, with a 1Y return of +8.4% and a robust 3Y CAGR of 20.8%, indicating strong historical growth relative to market conditions.

The fund maintains a low expense ratio of 0.23%, managed by Himanshu Mange since Dec 2023, reflecting operational efficiency while providing liquidity with minimal exit load implications.