SBI Nifty50 Equal Weight ETF

The SBI Nifty50 Equal Weight ETF, managed by SBI Funds Management Limited, aims to provide returns closely aligned with the Nifty50 Equal Weight TRI, operating as an open-ended scheme.

This ETF employs an equal-weighted strategy, diversifying across multiple sectors, with notable allocations in Financial Services (23.1%) and Automobile (13.15%), minimizing concentration risk.

Key holdings include ETERNAL LTD. and HERO MOTOCORP LTD., with the top ten companies representing approximately 24.5% of the portfolio, reflecting a balanced investment approach.

Over the past year, the fund has experienced a decline of -4.9%, with a tracking error of just 0.0394%, indicating effective management in mirroring the benchmark performance.

With an expense ratio of 0.3% and an AUM of ₹27.43 Cr as of August 2025, this ETF offers cost-efficient access to a diverse equity portfolio via NSE.