Nippon India Nifty Auto ETF

The Nippon India Nifty Auto ETF, managed by Nippon Life India Asset Management Limited, is an open-ended scheme that passively tracks the Nifty Auto TRI, targeting efficient index replication.

This ETF invests in securities of the Nifty Auto Index, maintaining allocations in line with the index, with a strong focus on the automobiles sector, which constitutes 79.6% of the portfolio.

Top holdings include Mahindra & Mahindra Limited at 23.95% and Maruti Suzuki India Limited at 16.45%, revealing a concentrated exposure that may heighten sector-specific risks.

Despite a slight decline of 3.8% over the past year, the fund has demonstrated robust growth with a three-year CAGR of 28.3%, reflecting its strong performance in favorable market conditions.

With an expense ratio of 0.22% and a fund size of ₹320.03 Cr, the ETF is positioned for accessibility, backed by an experienced manager, Jitendra Tolani, since February 2025.