UTI Nifty IT ETF

The UTI Nifty IT ETF, managed by UTI Asset Management Company Limited, is an open-ended scheme aimed at replicating the returns of the Nifty IT Index, focusing on sector-specific investments.

With a tracking error of just 0.06%, this ETF employs a precise strategy to mirror the benchmark, ensuring investors gain exposure to the IT sector's performance without significant deviation.

The fund's portfolio is heavily concentrated in leading IT firms, with Infosys and Tata Consultancy Services comprising over 51% of the total holdings, indicating potential concentration risk.

Over the past year, the fund has faced challenges, reflecting a change of -18.7%, emphasizing the importance of market conditions on sector-specific investments and overall performance.

The fund has a modest size of ₹6.25 Cr and an efficient expense ratio of 0.19%, making it accessible for investors seeking targeted exposure in the IT sector through NSE trading.