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NIP ETF Nifty Bees

NIFTYBEES

₹272.37+₹1.73 (0.64%) TodayLast updated on 01 Nov, 2024 | 19:22 IST

NIP ETF Nifty Bees Chart

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  • Fund overview
  • Returns
  • Composition
  • More

Fund overview

About
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Open
₹271.99
Close
₹270.64
Volume
18,75,788
Avg. traded
₹272.09
Circuit range
₹216.13 - ₹324.20
Day range
₹270.65 - ₹273.50
Year range
₹211.95 - ₹293.99
AUM
₹34,092.76 Cr

Managers

Himanshu Mange
Launch Date
28 Dec 2001
NIP ETF Nifty Bees

About Nippon India ETF NIFTY 50 BEES

  • Nippon India ETF NIFTY 50 BEES is an exchange traded fund (ETF) that tracks the performance of NIFTY 50 TRI (Total Return Index).
  • The ETF tracks a basket of India’s top 50 companies based on their market capitalisation across sectors and listed on the NSE.
  • The fund came into existence on December 28, 2001, and is currently being managed by Himanshu Mange.
  • The ETF’s net asset value (NAV) was ₹272 per unit as of July 12, 2024.
  • Nippon India ETF NIFTY 50 BEES market capitalisation stood at ₹30,044 crore on the NSE (as of July 12, 2024).

Investment objective & Benchmark

  • The fund is benchmarked to NIFTY 50 TRI. To replicate the performance of the benchmark, the fund invests in the components of the NIFTY 50 in the same proportion as in the index.
  • The objective of the fund is to give returns similar to that of the benchmark index, subject to tracking errors.
  • The ETF could be suitable for long term wealth creation but carries risk of market volatility.
  • As the fund tracks the performance of the NIFTY 50 index, it offers an opportunity to bet on the largest companies across sectors.
  • NIFTY 50 index comprises companies that have largest marketcap in their segment, deep financial might and excellent corporate governance.
  • Nippon India ETF NIFTY 50 BEES is listed on the BSE and the NSE and an investor can easily invest in it by buying from an online brokerage platform, just like buying a stock.
  • The fund’s performance in the last several years has been impressive as the Indian stock market benchmark has been in a strong bullish run since the COVID-19 pandemic in 2020.
  • The Nippon India ETF NIFTY 50 BEES has given a return of nearly 16.55% in the last five years, a 16.49% return in the last 3 years and a 26.7% return in the last one year. Since inception, the ETF has given 16.22% return.

Asset Allocation & Portfolio Composition

  • The fund’s portfolio comprises 99.58% of investment in domestic equities, of which 80.84% is in largecap and 3.23% is in Midcap stocks.
  • Financial services, oil & gas, IT, automobile and FMCG carry the most weight in the ETF.

As on June 30, 2024, these were the key sectors and their weight in the ETF:

  • Financial services: 34.3%
  • Oil & gas: 12.51%
  • IT: 12.47%
  • Automobile and auto components: 8.01%
  • FMCG: 7.86%
  • Healthcare: 4.14%
  • Metals and mining: 3.91%
  • Construction: 3.89%
  • Telecommunication: 3.62%
  • Power: 3.1%

Top holdings as on June 30, 2024

  • HDFC Bank: 11.9%
  • Reliance Industries: 9.94%
  • ICICI Bank: 7.92%
  • Infosys: 5.31%
  • Larsen & Toubro: 3.89%
  • TCS: 3.71%
  • ITC: 3.68%
  • Bharti Airtel: 3.62%
  • Axis Bank: 3.38%
  • State Bank of India: 3.06%

Key indicators

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Tracking index
Nifty 50

Expense Ratio

0.04%
Tracking error
0.03%

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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 Nifty Bees Price history

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DayOpenCloseChange %
Fri, Nov 1 2024
₹271.99
₹272.37
+0.64%
Thu, Oct 31 2024
₹273.99
₹270.64
-0.56%
Wed, Oct 30 2024
₹273.98
₹272.16
-0.52%
Tue, Oct 29 2024
₹272.70
₹273.59
+0.60%
Mon, Oct 28 2024
₹272.99
₹271.97
+0.55%
Fri, Oct 25 2024
₹271.80
₹270.48
-0.60%
Thu, Oct 24 2024
₹273.78
₹272.12
-0.36%
Wed, Oct 23 2024
₹274.05
₹273.09
-0.17%

Composition

Frequently asked questions