Nippon India ETF Nifty PSU Bank BeES

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).