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NIP ETF Gold Bees

GOLDBEES

₹64.57+₹0.85 (1.33%) TodayLast updated on 21 Nov, 2024 | 15:58 IST

NIP ETF Gold Bees Chart

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ETF is trading at a discountMarket price ₹64.57 is less than iNAV ₹64.60
👍 Good time to buy as price is low
  • Fund overview
  • Returns
  • Composition
  • More

Fund overview

About
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Open
₹64.85
Close
₹63.72
Volume
1,20,55,469
Avg. traded
₹64.39
Circuit range
₹50.21 - ₹75.32
Day range
₹63.88 - ₹64.85
Year range
₹51.25 - ₹67.58
AUM
₹15,247.92 Cr

Managers

Vikram Dhawan
Launch Date
08 Mar 2007
NIP ETF Gold Bees

About Nippon India ETF Gold BEES

  • Nippon India ETF (Exchange Traded Fund) Gold BEES is an open-ended scheme offered by the Nippon India Mutual Fund House.
  • The ETF tracks the performance of gold prices in the domestic market.
  • The fund was launched on March 8, 2007.
  • This ETF is managed by fund manager Vikram Dhawan.
  • Investments in this ETF require a demat account with a registered broker.
  • Nippon India ETF Gold BEES units can be traded just like equity stocks during the operational hours of the stock exchanges.

Investment objective and benchmark

  • Nippon India ETF Gold BEES aims to offer returns closely corresponding to the returns provided by its benchmark, the domestic price of physical gold.
  • The scheme doesn't guarantee returns and they may be subject to market risk. Categorised in the high-risk group, this type of fund is suited for investors looking for a medium to long-term goal.
  • Gold is a hedge against inflation as well as economic deflation. It has volatility compared to equity stocks.
  • Gold prices have historically recorded growth defying market trends during slowdowns.
  • The ETF is a cost-effective alternative to investing in gold without going through the hassle of acquiring it physically.
  • Investment in physical gold can be a tedious process with additional costs such as making charges, storage charges and dealer premiums.
  • The ETF rates are transparent as they are traded like shares on the National Stock Exchange and offer greater liquidity. There is no consistency when you buy and sell physical gold across jewellers or banks.

Asset allocation and portfolio composition

  • The ETF has allocated 64.78% of the available funds for investment in Gold 995 1 KG Bar. Further, 14.08% of the assets have been allocated for investment in Gold 995 1 KG BAR-Ahmedabad. The remaining 0.01% of the funds are invested in Clearing Corporation of India Ltd.
  • Nippon India ETF Gold BEES has delivered a yearly return of 22.57% as of June 28, 2024, compared to 23.8% earnings posted by the underlying index.
  • Since its inception, the ETF has posted an 11.31% return.

Key indicators

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Tracking index
Price of Gold

Expense Ratio

0.80%
Tracking error
NA

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Investment checklist: (4/6)
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Liquidity

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Fund size

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Expense Ratio

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Tracking error

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Returns vs FD Rates

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Entry Point

The investment checklist helps you understand a company's financial health at a glance and identify quality investment opportunities easily

Returns

Returns vs Benchmark
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  • ETF returns
  • Rolling returns
Compare the returns of this fund with
NIFTY 50
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This ETF

Nifty 50

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NIP ETF Gold Bees Shareholder returns

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1 day
+1.30%
1 week
-1.19%
1 month
-2.24%
3 months
+5.60%
1 year
+22.87%
3 years
+49.54%
5 years
+89.02%

NIP ETF Gold Bees Price history

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DayOpenCloseChange %
Tue, Nov 19 2024
₹64.70
₹63.72
+1.30%
Mon, Nov 18 2024
₹62.75
₹62.90
+1.80%
Thu, Nov 14 2024
₹62.48
₹61.79
-2.31%
Wed, Nov 13 2024
₹63.39
₹63.25
+0.65%
Tue, Nov 12 2024
₹63.74
₹62.84
-2.56%
Mon, Nov 11 2024
₹64.73
₹64.49
-0.78%
Fri, Nov 8 2024
₹64.53
₹65.00
+1.04%
Thu, Nov 7 2024
₹64.90
₹64.33
-1.92%

Composition

Frequently asked questions

What is the NIP ETF Gold Bees share price today?

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NIP ETF Gold Bees share price is ₹ 64.57 today.

What is today’s high & low share price of NIP ETF Gold Bees?

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NIP ETF Gold Bees share price high: ₹ 64.85 and low: ₹ 63.88

What is Assets Under Management (AUM) of NIP ETF Gold Bees shares today on the NSE?

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NIP ETF Gold Bees Assets Under Management (AUM) of ₹ 15,247.92 Crores.

What is the NIP ETF Gold Bees share price high and low in the last 52 weeks on the NSE?

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52 Week share High Price is ₹ 67.58 and Low Price is ₹ 51.25

What is the NIP ETF Gold Bees Stock Symbol?

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The NIP ETF Gold Bees Stock symbol is GOLDBEES.

Can I buy NIP ETF Gold Bees shares on Holidays?

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No, shares of NIP ETF Gold Bees or any other publicly traded company cannot be bought or sold on holidays when the stock exchanges are closed. You can only buy or sell NIP ETF Gold Bees shares on days when the stock exchanges are open for trading. It's important to check the NSE & BSE holidays calendar, before placing any trades to avoid any inconvenience.