Overview
Fund Size (AUM)
₹10.54 Cr
as on 17 May 2026
CAGR
-3.74%
1 Year
as on 30 Apr 2026
Expense Ratio
0.13 %
as on 30 Apr 2026
Fund Age
6 years 8 months
since 30 Aug 2019
Exit Load
Nil
-NAV Performance
₹268.72
as on 20 May 2026Loading chart...
Summary
An Open-Ended Exchange Traded Fund replicating / tracking Nifty Private Bank Index. The investment objective of the scheme is to provide returns that is closely correspond to the total returns of the securities as represented by the Nifty Private Bank index, subject to tracking error. However, there is no assurance or guarantee that the investment objective of the Scheme will be achieved.
Investment Philosophy
Tata Nifty Private Bank Exchange Traded Fund is a passively managed exchange traded fund which will employ an investment approach designed to track the performance of Nifty Private Bank Index.
Portfolio Positioning and Construction
- The Scheme seeks to invest in securities constituting the Nifty Private Bank Index in same proportion as in the Index.
- The Scheme will invest at least 95% of its total assets in the securities comprising the Underlying Index.
- The Scheme may also invest in money market instruments to meet the liquidity and expense requirements.
- The fund is ideal for those investors who would like to invest in passively managed fund investing in a diversified portfolio of well-known companies as represented by Nifty Private Bank Index.
