Nippon India ETF Nifty BeES - Historical Data

The scheme aims to provide returns close to the total return of stocks as represented by Nifty 50 Index. It is an Exchange Traded Fund which is listed on the capital market (rolling settlement) segment of the NSE.

Conclusion. Investment in Nifty BeES is one of the easiest approaches to build a good portfolio that is relatively risk-free but will also give good returns. There are many examples of Nifty BeES for the investors to choose from like Nippon India ETF Nifty BeES, Reliance ETF Nifty BeES, etc.

Nippon India ETF Nifty PSU Bank BeES is an equity-oriented financial services fund. Interestingly, the fund gave the highest 47.39% 3-year return, followed by Kotak Nifty PSU Bank ETF, which gave 47.27%. The Nippon India ETF Nifty PSU Bank BeES fund was launched on October 25, 2007.

It was introduced in India by Benchmark Asset Management in December 2001. After some change of hands, it now belongs to Nippon India Mutual Fund.

The trustee of the scheme will provide dividends to the unitholders depending on whether a surplus of assets is available or not. The dividend amount and the frequency at which the dividend amount is distributed depends on the decision taken by the trustee.

Thus, it allows you to trade real-time on NSE and gives you real-time indicative NAV (net asset value). Nifty BeES offers the benefits of diversification, index tracking and low expenses. Nifty BeES can be bought / sold like a share through any NSE terminal at prices available on the screen.

For instance, Nippon India ETF Nifty 50 BeES fund can be purchased from the website of Nippon India Mutual Fund. You can also buy mutual funds through platforms like MF Central, MF Utility, among others.