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

This open-ended fund replicates the BSE Sensex Next 50 Index by investing in its constituent securities proportionately, providing investors with exposure to the next tier of Indian equities.

The portfolio exhibits a diversified sector allocation, with notable concentrations in Banks (9.06%), Finance (8.2%), and IT - Software (6.17%), reflecting strategic positioning in key growth areas.

Performance metrics reveal a YTD change of -6.2%, with a robust 3-year CAGR of 19.9%, indicating resilience despite recent market fluctuations and a strong historical performance.

With an expense ratio of 0.23% and a fund size of ₹61.5 Cr, it offers an efficient investment option, accessible via NSE/BSE, ensuring liquidity with minimal exit load concerns.