The current market price of Nippon India Nifty Auto ETF is ₹286.61. ETF prices fluctuate during market hours based on demand, supply, and movements in the underlying index or assets.

The Nippon India Nifty Auto ETF, managed by Nippon Life India Asset Management Limited, employs a passive investment strategy aimed at tracking the Nifty Auto TRI index, focusing on equities. This ETF replicates the Nifty Auto Index by investing in its constituent securities in proportion, ensuring close alignment with the benchmark's performance, reflecting the auto sector's dynamics. The portfolio is heavily concentrated in the automobiles sector, with Mahindra & Mahindra and Maruti Suzuki as top holdings, accounting for 41.38% of total assets, indicating potential concentration risk. In the past year, the fund has shown a significant change of +19.5%, with a robust 3-year CAGR of +28.1%, highlighting its strong performance in a favorable market environment. With an AUM of ₹357.99 Cr and a low expense ratio of 0.22%, this ETF offers cost-effective exposure to the auto industry, while maintaining a minimal tracking error of 0.04%.

Nippon India Nifty Auto ETF is designed to track Nifty Auto TRI, allowing investors to gain exposure to its underlying securities through a single investment.

The expense ratio of Nippon India Nifty Auto ETF is 0.22%. This represents the annual fee charged by the fund house for managing the ETF and is deducted from the fund’s assets.

The Assets Under Management (AUM) of Nippon India Nifty Auto ETF is approximately ₹392.63. AUM reflects the total market value of assets managed by the ETF and is often used as an indicator of fund size and liquidity.

Nippon India Nifty Auto ETF is classified under the Very High risk category. The risk level depends on the volatility of the underlying index, market conditions, and asset composition of the ETF.

The tracking error of Nippon India Nifty Auto ETF is 0.06%. Tracking error measures how closely the ETF’s performance matches its benchmark index over time.

Nippon India Nifty Auto ETF has a dividend yield of 1.18%. Dividend treatment depends on the ETF structure and fund house policy.

Based on available data, Nippon India Nifty Auto ETF has delivered the following returns: 1-year return: 30.78%. 3-year return: 119.38%. 5-year return: 151.84%. Past performance does not guarantee future results.

Before investing in Nippon India Nifty Auto ETF, investors generally consider the underlying index, expense ratio, tracking error, risk profile, liquidity, and how the ETF fits within their overall portfolio strategy.