
TrackingNifty Bank Index
UTI AMC commenced operations from February 1, 2003. It has been promoted by four sponsors, namely, SBI, Life Insurance Corporation of India, Bank of Baroda and Punjab National Bank and each of them hold 25% of the paid up capital of UTI AMC.
In comparison with ETFs tracking Nifty Bank Index
| Key Metrics | This ETF | Category (Avg) |
| Expense Ratio | 0.18% | 0.26% |
| Tracking Error | 0.01% | 0.05% |
Understand what these metrics mean.