Nippon India ETF S&P BSE Sensex

Portfolio Structure & Asset Allocation Analysis

Nippon India ETF S&P BSE Sensex is a ETF scheme managed by Nippon India MF Mutual Fund. As of disclosures dated Apr 2024, the scheme holds 30 equity positions with an estimated equity AUM of ₹₹7,316 Cr. The portfolio is anchored by its top conviction bet on HDFC Bank, which commands a weight of 13.51%of the fund's total assets.

From a sector allocation perspective, the fund managers have concentrated their largest bet on Banks, representing 34.48% of the equity portfolio. This is followed by IT - Software (13.93%) and Petroleum Products (11.86%). Under SEBI's guidelines and based on its underlying assets, this scheme carries a Very High Risk risk classification.