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

This fund employs a strategy that closely aligns with the Nifty Private Bank TRI benchmark, ensuring that returns correspond to the index, subject to tracking error considerations.

The portfolio is heavily concentrated in the financial services sector, with top holdings including ICICI Bank Ltd. (22.4%), HDFC Bank Ltd. (22%), and Kotak Mahindra Bank Ltd. (18.7%), indicating a high sector reliance.

Over the past year, the ETF has shown a robust performance with a return of 13.2%, while the 3-year and 5-year CAGR stands at 9.8% and 13.2%, respectively.

With an AUM of ₹11.13 Cr and a low expense ratio of 0.13%, this ETF offers an efficient investment vehicle within the sector, managed by experienced fund managers since 2024.