Tata Nifty Private Bank ETF

The Tata Nifty Private Bank ETF, managed by Tata Asset Management Limited, aims to replicate the performance of the Nifty Private Bank TRI, focusing on sector-specific investments within the financial services sector.

The ETF's strategy is designed to track the Nifty Private Bank index closely, although it does carry a risk of tracking error, which is not quantified in the current data.

Portfolio concentration is significant, with top holdings like ICICI Bank and HDFC Bank constituting over 44% of the assets, highlighting a concentrated exposure to the financial services industry.

Performance over the last three years shows a CAGR of 10.4%, while the one-year change reflects a decline of approximately 1.5%, indicating recent challenges amidst broader market conditions.

With an expense ratio of 0.13% and a fund size of ₹11.13 Cr, the ETF offers a cost-effective option for investors, managed by experienced professionals with a combined 37 years of experience.