Key stats
About NIP IND ETF SHARIAH BEES
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Inception date
Mar 18, 2009
Structure
Open-Ended Fund
Replication method
Physical
Primary advisor
Nippon Life India Asset Management Ltd. (Invt Mgmt)
ISIN
INF732E01128
The Scheme employs a passive investment approach designed to track the performance of Nifty50 Shariah Index. The Scheme seeks to achieve this goal by investing in securities constituting the Nifty50 Shariah Index in same proportion as in the Index.
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
Technology Services
Consumer Non-Durables
Stocks98.97%
Technology Services52.06%
Consumer Non-Durables18.67%
Health Technology8.60%
Process Industries7.90%
Consumer Durables5.28%
Energy Minerals3.60%
Non-Energy Minerals2.86%
Bonds, Cash & Other1.03%
Cash1.03%
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
SHARIABEES invests in stocks. The fund's major sectors are Technology Services, with 52.06% stocks, and Consumer Non-Durables, with 18.67% of the basket. The assets are mostly located in the Asia region.
SHARIABEES top holdings are Infosys Limited and Tata Consultancy Services Limited, occupying 26.84% and 16.81% of the portfolio correspondingly.
SHARIABEES fund flows account for 3.60 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, SHARIABEES doesn't pay dividends to its holders.
SHARIABEES shares are issued by Nippon Life Insurance Co. under the brand Nippon. The ETF was launched on Mar 18, 2009, and its management style is Passive.
SHARIABEES expense ratio is 0.96% meaning you'd have to pay 0.96% of your investment to help manage the fund.
SHARIABEES follows the Nifty50 Shariah Index - INR - Benchmark TR Gross. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
SHARIABEES invests in stocks.
SHARIABEES price has risen by 0.63% over the last month, and its yearly performance shows a −1.50% decrease. See more dynamics on SHARIABEES price chart.
NAV returns, another gauge of an ETF dynamics, showed a 12.83% increase in three-month performance and has increased by 17.14% in a year.
NAV returns, another gauge of an ETF dynamics, showed a 12.83% increase in three-month performance and has increased by 17.14% in a year.
SHARIABEES trades at a premium (0.38%) meaning the ETF is trading at a higher price than the calculated NAV.