SBI ETF Nifty 50, managed by SBI Funds Management Limited, aims to replicate the total returns of the Nifty 50 TRI index, utilizing a market cap weighted investment style.

The fund's strategy focuses on closely tracking the Nifty 50 TRI benchmark with minimal tracking error, ensuring investors receive returns reflective of the underlying securities.

With an AUM of ₹199920.6 Cr, the ETF holds significant positions in top companies like HDFC Bank (13.1%) and ICICI Bank (9.0%), indicating a concentrated exposure to leading financial stocks.

In the past year, the fund experienced a decline of -4.2%, while the 3-year CAGR stands at 14.4%, showcasing its performance consistency amidst market fluctuations.

The expense ratio is notably low at 0.04%, enhancing its appeal, while Mr. Raviprakash Sharma has been managing the fund since July 2015, bringing 26 years of experience.