What is Nifty BeES ETF?

Nifty BeES (Benchmark Exchange Traded Scheme)—the first exchange traded fund (ETF) in India—seeks to provide investment returns that closely correspond to the total returns of securities as represented by the S&P CNX Nifty Index. … Nifty BeES offers the benefits of diversification, index tracking and low expenses.

Is Nifty BeES a good investment?

Nifty BeES is Economical: Nifty BeES is a no load scheme. The annual expense ratio including management fees is a maximum of 0.80% of the Daily Average Net Assets, which is one of the lowest for any mutual fund scheme in India. The costs reduce further to 0.65%, for assets over Rs. 500 crore.

Which companies are in Nifty BeES?

Top Holdings

Company Company % Assets
Reliance Industries Reliance Industries 9.60
HDFC Bank HDFC Bank 9.09
Infosys Infosys 8.71
ICICI Bank ICICI Bank 6.90

Which Nifty BeES are best?

Top 5 Peer Comparison

  • Nippon India ETF Nifty BeES.
  • Canara Robeco Bluechip Equity Fund Regular-IDCW.
  • Axis Bluechip Fund-IDCW.
  • Mirae Asset Large Cap Fund Regular- IDCW.

Does Nifty BeES give dividend?

Nippon India ETF Nifty BeES has not declared any dividend for the last several years. As per the Profit & Loss account.

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Is Niftybees safe?

Absolutely safe! NIFTY BEES and Bank BEES are ETFs replicating there respective Index that is NIFTY50 and Bank NIFTY. That means the risk in these funds is equal to NIFTY 50 and Bank NIFTY.

Can we trade Nifty BeES intraday?

You should understand that Nifty BeEs is nothing but an exchange traded http://fund.so you can treat it like a share and also trade it like a share and can take advantage of the intraday volatality if you are an active stock investor.

Are ETF Safe?

Most ETFs are actually fairly safe because the majority are indexed funds. … While all investments carry risk and indexed funds are exposed to the full volatility of the market – meaning if the index loses value, the fund follows suit – the overall tendency of the stock market is bullish.

Which is best ETF in India?

Top & Best Index ETFS 2021

Fund Name 1M Return(%) 1Y Return (% p.a.)
Motilal Oswal NASDAQ 100 ETF 0.78 59.89
HDFC Sensex ETF 1.13 33.34
SBI – ETF Sensex -6.16 -15.23
Edelweiss ETF – NQ30 9.16 32.28

Can we do SIP in Nifty BeES?

Nifty BeEs is the short form of ‘Benchmark Exchange Traded Scheme’. It is an exchange traded fund that aims to offer returns similar to the S&P CNX Nifty Index. … Investors can also do a systematic investment in this ETF.

How do ETFs actually work?

How do ETFs work? An ETF works like this: The fund provider owns the underlying assets, designs a fund to track their performance and then sells shares in that fund to investors. Shareholders own a portion of an ETF, but they don’t own the underlying assets in the fund.

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Does Nifty BeES give bonus?

Reliance ETF Nifty BeEs has not announced any bonus so far.

Can we buy gold BeES share?

Nippon India ETF Gold BeES is listed on the stock exchanges such as NSE, BSE and one can buy or sell units all through the trading hours similar to equity shares. Gold BeES ETF similar to other gold ETFs tracks the domestic gold prices.

Investments are simple