
TrackingNifty PSU Bank Index
Nippon India Mutual Fund is one of India’s leading mutual funds, with Average Assets Under Management (AAUM) of Rs 2,79,431 Crores. NIMF has been established as a trust under the Indian Trusts Act, 1882 with Nippon Life Insurance Company as its Sponsor and Nippon Life India Trustee Ltd as its Trustee.
In comparison with ETFs tracking Nifty PSU Bank Index
| Key Metrics | This ETF | Category (Avg) |
| Expense Ratio | 0.49% | 0.26% |
| Tracking Error | 0.01% | 0.05% |
Understand what these metrics mean.