Bankbees & Junior bees
The market is extremely volatile right now, making it hard to predict the future. All indexes have corrected by about 15% to 20%, while stocks have corrected by between 30% to 50%.
The greatest approach to safeguard your money during this volatility is to invest in index-based funds.
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About NIP IND ETF BANK BEES
Home page
Inception date
May 27, 2004
Structure
Open-Ended Fund
Replication method
Physical
Primary advisor
Nippon Life India Asset Management Ltd. (Invt Mgmt)
ISIN
INF204KB15I9
The investment objective of Nippon India ETF Nifty Bank BeES is to provide returns that, before expenses, closely correspond to the total returns of the Securities as represented by the Nifty Bank Index. There can be no assurance or guarantee that the investment objective of the Scheme will be achieved.
Classification
What's in the fund
Exposure type
Finance
Stock breakdown by region
Top 10 holdings
BANKBEES : Going long for about 6.25% of the net capitalI have taken 2 positions at different levels, both close to the lower trendline of the ascending channel. The net allocation in the scrip currently amounts to 6.25% of my net capital. I do not plan to add to the position anytime soon. For now, my target is the all-time high, which would yield a prof
BANKBEES : Booked profit for about 4.46% of invested capitalPrice reached close to all time high. But I'm aware of the fact that there is no negativity to hit the market anytime soon that may push the market to the downside, as of now.
Yet technically there is high probability for a sell-off and I do believe that news creates volatility and not direction. S
BANKBEES : Started to accumulateBought for about 5% of the capital. Will be looking forward to add on to the position if it falls to the next potential buying levels based on the technical levels of Bank Nifty.
Since this is an index ETF and is of a sector like Banking which is indispensable for the growth of an economy, I'm pret
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
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Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
BANKBEES trades at 567.95 INR today, its price has risen 0.84% in the past 24 hours. Track more dynamics on BANKBEES price chart.
BANKBEES net asset value is 564.19 today — it's fallen 0.26% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
BANKBEES price has fallen by −0.83% over the last month, and its yearly performance shows a 14.97% increase. See more dynamics on BANKBEES price chart.
NAV returns, another gauge of an ETF dynamics, have risen by −0.26% over the last month, have fallen by −0.26% over the last month, showed a 11.76% increase in three-month performance and has increased by 14.97% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by −0.26% over the last month, have fallen by −0.26% over the last month, showed a 11.76% increase in three-month performance and has increased by 14.97% in a year.
BANKBEES fund flows account for −13.62 B INR (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
BANKBEES invests in stocks. See more details in our Analysis section.
BANKBEES expense ratio is 0.19%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, BANKBEES isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, BANKBEES technical analysis shows the strong buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating BANKBEES shows the strong buy signal. See more of BANKBEES technicals for a more comprehensive analysis.
Today, BANKBEES technical analysis shows the strong buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating BANKBEES shows the strong buy signal. See more of BANKBEES technicals for a more comprehensive analysis.
No, BANKBEES doesn't pay dividends to its holders.
BANKBEES trades at a premium (0.17%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
BANKBEES shares are issued by Nippon Life Insurance Co.
BANKBEES follows the Nifty Bank Index - INR. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on May 27, 2004.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.