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About NIP IND ETF BANK BEES
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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
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Finance
Stocks99.97%
Finance99.97%
Bonds, Cash & Other0.03%
Cash0.03%
Stock breakdown by region
Asia100.00%
North America0.00%
Latin America0.00%
Europe0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
BANKBEES top holdings are HDFC Bank Limited and ICICI Bank Limited, occupying 27.40% and 21.08% of the portfolio correspondingly.
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.
No, BANKBEES doesn't pay dividends to its holders.
BANKBEES shares are issued by Nippon Life Insurance Co. under the brand Nippon. The ETF was launched on May 27, 2004, and its management style is Passive.
BANKBEES expense ratio is 0.19% meaning you'd have to pay 0.19% of your investment to help manage the fund.
BANKBEES follows the Nifty Bank Index - INR. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
BANKBEES invests in stocks.
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 trades at a premium (0.17%) meaning the ETF is trading at a higher price than the calculated NAV.