NIFTY 50▲24,304.35
99.00 (0.41%)
SENSEX▲79,724.12
335.06 (0.42%)
NIFTY BANK▲51,673.90
198.55 (0.39%)
TATA MOTORS▲843.45
9.40 (1.13%)
SUZLON ENERGY▲68.14
1.19 (1.78%)
TATA STEEL▲149.75
1.19 (0.80%)
INDIAN RAILWAY FINANCE CORP▲158.11
2.15 (1.38%)
TATA POWER▲445.45
5.40 (1.23%)
RAIL VIKAS NIGAM▼470.95
-0.85 (-0.18%)
RELIANCE INDUSTRIES▲1,338.65
6.60 (0.50%)
VODAFONE IDEA▲8.45
0.33 (4.06%)
ZOMATO▲248.99
7.24 (2.99%)
RELIANCE POWER▲43.03
0.30 (0.70%)
INDIAN RENEWABLE ENERGY▲211.98
1.94 (0.92%)
ADANI POWER▲597.35
4.65 (0.78%)
YES BANK▲20.71
0.31 (1.52%)
STATE BANK OF INDIA▲821.20
1.00 (0.12%)
NHPC▲84.13
1.53 (1.85%)
HDFC BANK▲1,737.30
1.60 (0.09%)
OLA ELECTRIC MOBILITY LTD▲82.84
1.96 (2.42%)
JIO FIN SERVICES LTD▲326.20
3.90 (1.21%)
INDIAN OIL CORP▲144.99
2.37 (1.66%)
BHARAT ELECTRONICS▲288.65
3.75 (1.32%)
MRF▲1,23,379.95
855.50 (0.70%)
GTL INFRA▲2.18
0.10 (4.81%)
ADANI PORT & SEZ▲1,394.40
18.45 (1.34%)
JAIPRAKASH POWER VENTURES▲18.47
0.27 (1.48%)
ITC▲490.30
1.50 (0.31%)
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
About
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 | ManagersHimanshu 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
Tracking index Nifty 50 |
Expense Ratio0.04% |
Tracking error 0.03% |
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Investment checklist: (4/6)
Liquidity
Fund size
Expense Ratio
Tracking error
Returns vs FD Rates
Entry Point
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Returns
Returns vs Benchmark
Compare the returns of this fund with
NIFTY 50
This ETF
Nifty 50
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NIP ETF Nifty Bees Price history
Day | Open | Close | Change % |
---|---|---|---|
Fri, Nov 1 2024 | ₹271.99 | ₹272.37 | |
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 | |
Mon, Oct 28 2024 | ₹272.99 | ₹271.97 | |
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
What's in fund
Name | Holdings |
---|---|
HDFCBANKHDFC Bank Ltd | 11.34% |
RELIANCEReliance Industries Ltd | 8.64% |
ICICIBANKICICI Bank Ltd | 7.74% |
INFYInfosys Ltd | 5.82% |
ITCITC Ltd | 4.16% |
BHARTIARTLBharti Airtel Ltd | 3.95% |
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