Nippon Nifty Dividend Opportunities 50 ETF

About Nippon India ETF Nifty Dividend Opportunities 50 TRI

• Nippon India ETF Nifty Dividend Opportunities 50 is an open-ended value-oriented equity scheme.
• The reconstitution of Nippon India ETF Nifty Dividend opportunity 50 happens semi-annually in June and December.
• Himanshu Mange is the fund manager.
• Nippon India ETF Nifty Dividend Opportunities 50 was launched on April 15, 2014.
• Nippon India ETF Nifty Dividend Opportunities 50 has assets under management (AUM) that stood at ₹56.09 crore as of June 30, 2024.
• It has an expense ratio of 0.37%.
• Nippon India ETF Nifty Dividend Opportunities 50 is traded on both stock exchanges, which enables investors to trade at market price during each session.
• As the ETF units are listed on NSE and BSE, one can invest by buying units through a demat account broker.

Investment Objective & Benchmark

• The fund's investment objective is to provide returns that closely correspond to the total returns of the securities as represented by the underlying index, subject to tracking error.
• It is benchmarked against Nifty 50 TRI.
• The objective of ETF is to provide exposure to the value factor, with the index consisting of the 20 most momentum and large-cap companies listed on NSE.
• The ETF includes companies from various sectors, offering greater diversification.
• It limits the risks associated with an investment in individual stocks or sectors.
• The fund is suitable for investors with a time horizon of 3 years and above.

Asset Allocation & Portfolio Composition

• The fund's asset allocation comprises around 99.04% in equities and 0.96% in cash & cash equivalents.
• The ETF invests predominately in giant and large-cap funds with an asset allocation of over 90%
• The top 10 company holdings constitute 60.85% of the ETF’s asset allocation.

Top 10 holdings in stocks of Nippon India ETF Nifty Dividend Opportunities 50 include:

• Infosys Ltd: 9.98%
• TCS Ltd: 9.37%
• ITC Ltd: 9.3%
• SBI: 7.71%
• HUL: 6.23%
• NTPC: 4.25%
• HCL Tech Ltd: 3.66%
• Power Grid Corp. Ltd: 3.57%
• Tata Steel Ltd: 3.39%
• Bharat Electronics Ltd: 2.59%

Sector-wise allocation in this fund;

• Information technology: 26.55%
• Financial Services: 21.2%
• Fast Moving Consumer Fuels: 18.86%
• Oil, Gas & Consumable Fuels: 11.17%
• Power: 8.67%
• Metals & Mining: 6.48%
• Automobiles and Auto Components: 4.23%
• Capital Goods: 3.37%
• CCIL: 0.67%

Nippon India ETF Nifty Dividend Opportunities 50 has given a return of 48.55% in the last year as of June 30, 2014, compared to ETF’s 49.46%.

Since its inception, this ETF has given returns of 16.21%.