SBI ETF Consumption

SBI ETF Consumption, managed by SBI Funds Management Limited, is an open-ended scheme focused on the sector-specific investment objective of closely tracking the Nifty India Consumption TRI index.

The fund employs a replication strategy to mirror the index's performance, maintaining a low tracking error of 0.0234%, ensuring minimal deviation from benchmark returns.

Portfolio concentration is evident with top holdings like ITC Ltd. and Bharti Airtel Ltd., which together account for nearly 19% of the fund, indicating potential concentration risk.

Performance metrics reveal a one-year decline of 6.4%, contrasted by a robust three-year CAGR of 16.1%, showcasing strong recovery potential despite recent volatility.

With an AUM of ₹22.19 Cr and an expense ratio of 0.25%, the fund is accessible and cost-efficient, led by seasoned manager Mr. Harsh Sethi since July 2021.