Nippon India ETF Shariah BeES
Scheme Information
2019-11-14
| Asset Management Company (AMC) | Nippon India Life Asset Management Limited |
| Asset Class Type | Other |
| Inception Date | Mar 18, 2009 |
| Benchmark | NIFTY 50 Shariah - TRI |
| Objective | The investment objective of R*Shares Shariah BeES is to provide returns that before expenses closely correspond to the total returns of the Securities as represented by the Nifty50 Shariah Index by investing in Securities which are constituents of the Nifty50 Shariah Index in the sameproportion as in the Index. Investors to note that R*Shares Shariah BeES is not a Shariah compliant scheme. |
| Fund Manager | Mehul Dama |
| AUM (In Crores) | 2.96 |
| Allocation |
Equity: 98.5613% Others: 1.4387% |
| Minimum Investment Amount |
First Investment:
10000
|
| Expense Ratio | 1.16 |
Scripbox has taken due care and caution in compilation of the data contained in this factsheet. This data has been obtained by Scripbox from sources which it considers reliable. However, please verify the data from the mutual fund (link provided) before taking any Investment action based on this information.
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