NIP ETF ETF NV20

About Nippon India ETF Nifty 50 Value 20

• Nippon India ETF Nifty 50 Value 20 is an open-ended value-oriented equity scheme that belongs to Nippon India Mutual Fund House.
• The ETF adopts a value investing approach, aiming to identify stocks priced below their perceived intrinsic value.
• Himanshu Mange is the fund manager of Nippon India ETF Nifty 50 Value 20.
• Nippon India ETF Nifty 50 Value 20 was launched on June 18, 2015.
• Its assets under management (AUM) stood at ₹153.91 crore as of June 30, 2024.
• The ETF units are listed on the NSE and BSE, one can invest by buying units through a broker. All the units can be bought through a demat account.

Investment Objective & Benchmark

• The fund's investment objective is to offer returns that replicate the performance of equity stocks part of the underlying index. The returns are subject to minor tracking errors.
• It is benchmarked against the Nifty 50 value 20 Total Return Index.
• The objective of the ETF is to provide exposure to the value factor, with the index consisting of the 20 most liquid value blue chip companies listed on the National Stock Exchange (NSE).
• The scheme diversifies funds in companies from different domains, thus limiting the investors’ exposure to sectoral risks.
• The risk meter level of Nippon India ETF Nifty 50 Value 20 is very high. Nippon India ETF Nifty 50 Value 20 has an expense ratio of 0.34.
• It is suitable for investors with a long term investment goal.

Asset Allocation & Portfolio Composition

• The asset allocation of the fund comprises around 99.41% in equities, 0.0% in debts, and 0.59% in cash & cash equivalents.
• Portfolio aggregates according to the market capitalisation around, 47.5% in giant, 20.85% in large, 22.73% in midcap, and 8.91% in small cap.
• The top 5 company holdings in Nippon India ETF Nifty 50 Value 20 makeup over 76% of the asset allocation.

Top 10 Holding in stocks of Nippon India ETF Nifty 50 Value 20 includes:

• ICICI Bank Limited: 15.18%
• Infosys Limited: 13.65%
• ITC Limited: 10.27%
• Tata Consultancy Services Limited: 10.11%
• State Bank of India: 8.66%
• NTPC Limited: 4.64%
• Power Grid Corporation of India Limited: 3.84%
• HCL Technologies Limited: 3.81%
• Tata Steel Limited: 3.74%
• Coal India Limited: 3.04%

Sector-wise allocation in this fund;

• Technology – 32.75%
• Financial- 25.56%
• Consumer Staples- 11.70%
• Energy- 11.20%
• Metals & mining- 6.20%
• Others- 12.53%

The ETF has delivered a return of 34.4% in the last one year compared to the underlying index’s 35.1% yield during the period.

Since its inception, Nippon India ETF Nifty 50 Value 20 has given returns of 16.62%.