Nippon India ETF Nifty Bank BeES (IDCW-I)

Nippon India ETF Nifty Bank BeES (IDCW-I) is an Exchange Traded Fund which is benchmarked to . Nippon India ETF Nifty Bank BeES (IDCW-I) is managed by the Nippon India Mutual Fund with the fund managers being [object Object]. The Nippon India ETF Nifty Bank BeES (IDCW-I) was launched on 2004-05-27 with no lock-in period. Since its inception, the fund has delivered 16.579% as a return on investment. The fund has delivered a 1-year return of 14.676%, a 3-year return of 12.099%, and a 5-year return of 13.278%.

As on 6 Sep, 2024 the NAV of the fund is Rs 519.32 and the AUM is Rs 6800.92 crores. The fund charges an expense ratio of 0.19% on an annual basis. You can start a SIP with an investment of a minimum of Rs 100. You can make a lumpsum investment of minimum of Rs 10000.

Since the scheme is benchmarked to , the fund is subject to very high risk and it may witness volatility in the short term. Hence, an exchange-traded fund is more suitable for an investment horizon of more than 5 years. The Nippon India ETF Nifty Bank BeES (IDCW-I) has an asset allocation of 0% in equity and equity equivalents and 0% in debt securities.

Scripbox provides a unique feature through which you can compare the performance of Nippon India ETF Nifty Bank BeES (IDCW-I) with another fund in a similar category. This way you can make a well-informed investment decision.