Nippon India ETF Nifty PSU Bank BeES

Nippon India ETF Nifty PSU Bank BeES Share Price Today

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Nippon India ETF Nifty PSU Bank BeES

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Nippon India ETF Nifty PSU Bank BeES Historical Returns

Nippon India ETF Nifty PSU Bank BeES Sector Weightage

Nippon India ETF Nifty PSU Bank BeES Performance

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About Nippon India ETF Nifty PSU Bank BeES

Parent Organization

Nippon India ETF Nifty PSU Bank BeES

Exchange

NSE

Nippon India ETF PSU Bank BeES Share Price 

Nippon India ETF PSU Bank BeES is an open-ended index scheme listed on the Exchange as an Exchange Traded Fund (ETF) tracking the Nifty PSU Bank Index. The fund employs a passive investment approach designed to mirror the performance of the Nifty PSU Bank TRI by investing in securities constituting the Nifty PSU Bank Index in the same proportion as in the Index.

Nippon India ETF PSU Bank BeES Investment Objective

The investment objective of Nippon India ETF Nifty PSU Bank BeES (Formerly Nippon India ETF PSU Bank BeES) is to provide returns that, before expenses, closely correspond to the total returns of the Securities as represented by the Nifty PSU Bank Index. There can be no assurance or guarantee that the investment objective of the Scheme will be achieved.

Returns of Nippon India ETF PSU Bank BeES

Its trailing returns over different time periods are: 61.81% (1yr), 43.74% (3yr), 18.02% (5yr) and 6.99% (since launch). Whereas, Category returns for the same time duration are: 26.1% (1yr), 17.38% (3yr) and 13.72% (5yr).

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Nippon India ETF Nifty PSU Bank BeES FAQs

What is an index?

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An index is a group of a specific type of securities. They can be stocks, derivatives, or other financial instruments. The index represents as well as tracks the performance of the asset class or the market segment.

What are indices used for?

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Indices are used to track the performance of a group of securities. Indices show the overall performance of an asset class or market sector.

How many indices are listed on the NSE?

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There are over 350 indices listed on the National Stock Exchange (NSE).

How many indices are listed on the BSE?

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There are over 50 indices listed on BSE.

Which is the largest Indian index?

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The Nifty 50 is the largest Indian index. It is one of the most actively traded indices in the world.

Which are the oldest indices in India?

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Sensex and Nifty 50 are the two oldest indices in India.

What are the two major indices in India?

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The Sensex and the Nifty 50 are the two major indices in India.