Fundalysisby DARKHORSESTOCKS

Scheme

CPSE ETF

Holds 11 companies worth ₹18,637 Cr in Sept 2026.

  • Fund house

    NipponThe fund house that runs this scheme.

  • AUM

    ₹18,645 CrCPSE ETF's AUM at the end of 30 Sept 2026, as AMFI reports it. Down 2.1% on Aug 2026, ₹19,040 Cr.

  • Largest holding

    NTPCNTPC is 20.2% of this scheme's NAV.

  • Fund manager

    Jitendra TolaniRuns it since 1 Feb 2025, as the fund house dates it.

Overview(24 Aug 2026)

Fund managers1

  1. Jitendra TolaniFund manager · Feb 2025 · 20y · MBA
  1. Himanshu MangeDec 2023 – Feb 2025

Key facts

Benchmark
Nifty CPSE TRI
Risk
Very High
Expense
Regular 0% · Direct 0.08%
Exit load
Nil
Started
28 Mar 2014
Minimum
In creation unit size of 25,000 units and in multiples thereafter However, in case of large investors, the execution value must be greater than Rs. 25 crores

Source.Its Scheme Summary Document as of 24 Aug 2026 at AMFI.

What changed(3 changes)

Jul 2026

1 change
  1. Expense ratio
    9 JulDirect 0.07% → 0.08%

Feb 2025

2 changes
  1. Jitendra Tolani joined
    10 Febas fund manager
  2. Himanshu Mange left
    10 Febran it as fund manager from Dec 2023

Source.Its filings at NSE, since Aug 2024.

Fund managers over time(Dec 2023 – now)

  1. Jitendra Tolani
  2. Himanshu Mange
MainCoSlice202420252026
Fig. 1.Who ran it when: each manager from the date the fund house gives, or the first document listing them where it gives none, to when they left. A slice is part of it: overseas, gold and silver, or arbitrage.

Costs(Aug 2024 – Aug 2026)

Every change to the expense ratio, newest first.
2 changesRegularDirectΔ pt
9 Jul 20260.00%0.08%0.01
20 Aug 20240.00%0.07%–
Direct plan, 9 Jul 2026
0.08%
Regular plan 0.00% · Exit load nil
Fig. 1.Total expense ratio a year, each plan's, as its Scheme Summary Documents state it, filing by filing at NSE. A change holds until the next.

Objective and risk(24 Aug 2026)

Objective

The investment objective of the Scheme is to provide returns that, before expenses, closely correspond to the total returns of the Securities as represented by the Nifty CPSE Index, by investing in the Securities which are constituents of the Nifty CPSE Index in the same proportion as in the Index. However the performance of the Scheme may differ from that of underlying index due to tracking error. There can be no assurance or guarantee that the investment objective of the Scheme would be achieved

Risk, type and benchmark

Riskometer
Very High
At launch
Very High
Type
An Open-ended Index Exchange Traded Fund.
Benchmark
Nifty CPSE TRI

Asset allocation it may hold% of NAV

  1. Securities covered by the Nifty CPSE Index
    Allowed95–100%
  2. Money Market Instruments
    Allowed0–5%Holds0.0%

Holds in Sept 2026.100.0% equity

How to invest(24 Aug 2026)

Buying

To start
In creation unit size of 25,000 units and in multiples thereafter However, in case of large investors, the execution value must be greater than Rs. 25 crores

Selling and switching

To redeem
In creation unit size of 25,000 units and in multiples thereafter However, in case of large investors, the execution value must be greater than Rs. 25 crores units
Switch minimum
In creation unit size of 25,000 units and in multiples thereafter However, in case of large investors, the execution value must be greater than Rs. 25 crores units

Scheme details(24 Aug 2026)

What it is

Category
Others - Other ETFs
Offer
18 Mar 2014 to 21 Mar 2014
Started
28 Mar 2014
Reopened
4 Apr 2014
Face value
Rs.10/- per unit
Listed
NSE & BSE

How it is run

Swing pricing
No
Side-pocketing
No
Custodian
Deutsche Bank A.G.
Auditor
Walker Chandiok & Co LLP
Registrar
KFin Technologies Limited