ICICI Prudential Nifty PSU Bank ETF

ICICI Prudential Nifty PSU Bank ETF is an exchange-traded fund that aims to replicate the performance of the Nifty PSU Bank Index. This ETF primarily provides investors exposure to the banking sector, specifically public sector banks in India. By tracking the underlying index, ICICI Prudential Nifty PSU Bank ETF offers a diversified investment avenue within the niche of Indian public sector banks. The fund effectively caters to investors interested in participating in the growth and performance of these banks, which are a vital component of India's financial system. As an ETF, it provides liquidity and ease of trading akin to stocks, facilitating efficient market access. This financial instrument plays a crucial role in the Indian financial markets by offering targeted exposure to governmental banking institutions, thus enabling portfolio diversification and sectoral investment insight.