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Nippon India ETF PSU Bank BeES (Formerly Reliance ETF PSU Bank BeES)

An Open Ended Index Exchange Traded Scheme

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This product is suitable for investors who are seeking*:

  • long-term capital appreciation.
  • investment in securities covered by Nifty PSU Bank Index.

*Investors should consult their financial advisers if in doubt about whether the product is suitable for them

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  • Investment Objective:
    The investment objective of 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.

Fund PerformanceGROWTH PLAN

  • Latest NAV (10 Dec 2019)266.1265


NAV as on Nov 29, 2019: ` 293.7357

Performance of Nippon India ETF PSU Bank BeES as on 29/11/2019
Particulars1 Year CAGR %3 Year CAGR %5 Year CAGR %Since Inception
Nippon India ETF PSU Bank BeES-9.08-5.98-8.881.03
B: Nifty PSU Bank TRI-8.44-5.46-8.441.54
AB: Nifty 50 TRI12.3815.128.397.87
Value of `10000 Invested
Nippon India ETF PSU Bank BeES 9,095 8,313 6,279 11,324
B: Nifty PSU Bank TRI 9,158 8,452 6,430 12,030
AB: Nifty 50 ​TRI 11,234 15,252 14,967 25,024
Inception Date: Oct 25, 2007
​​​B - Benchmark    |   AB - Additional Benchmark    |  TRI: Total Return Index
​​​Fund Manager: Mehul Dama (Since Nov 6, 2018)​
​​

​​PERFORMANCE OF OTHER OPEN ENDED SCHEMES MANAGED BY FUND MANAGER: Mehul Dama​

Scheme Name/sCAGR %
1 Year Return 3 Years Return5 Years Return
Scheme Benchmark Scheme Benchmark Scheme Benchmark
Top 3
Nippon India ETF Gold BeES*24.1525.318.059.186.637.59
Nippon India Gold Savings Fund#23.3825.317.489.185.967.59
Nippon India ETF Sensex*13.9914.0516.5616.678.638.70
Bottom 3
Nippon India ETF Shariah BeES*4.345.549.9311.335.716.92
Nippon India ETF Dividend Opportunities*3.273.519.249.475.865.88
Nippon India ETF Consumption*2.442.6712.9513.149.029.08
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Note:

​a.Mr. Mehul Dama manages 15 open-ended schemes of Nippon India Mutual Fund.

b. In case the number of schemes managed by a fund manager is more than six, in the performance data of other schemes, the top 3 and bottom 3 schemes managed by fund manager has been provided herein are on the basis of 1 Year CAGR returns

#The performance details provided herein are of Growth Plan (Regular Plan)

*The Scheme does not offer any Plans/Options. The performance details are provided at Scheme level using Dividend Reinvestment NAV's.

c. Period for which scheme’s performance has been provided is computed basis last day of the month-end preceding the date of advertisement.

d. Different plans shall have a different expense structure.

TRI - Total Returns Index reflects the returns on the index arising from (a) constituent stock price movements and (b) dividend receipts from constituent index stocks, thereby showing a true picture of returns.

The performance of the equity scheme is benchmarked to the Total Return variant of the Index.

Mr. Mehul Dama has been managing Nippon India ETF PSU Bank BeES since Nov 2018, Nippon India ETF Gold BeES since Nov 2018, Nippon India ETF Infra BeES since Nov 2018, Nippon India ETF Shariah BeES since Nov 2018,Nippon India Index Fund - Nifty Plan since Nov 2018,Nippon India Index Fund - Sensex Plan since Nov 2018,Nippon India ETF Dividend Opportunities since Nov 2018,Nippon India ETF Consumption since Nov 2018,Nippon India ETF Nifty 100 since Nov 2018,Nippon India ETF Sensex since Nov 2018,Nippon India ETF NV20 since Nov 2018,Nippon India Gold Savings Fund since Nov 2018, Nippon India ETF Nifty Midcap 150 since Jan 2019, Nippon India Junior BeES FOF since Mar 2019, Nippon India ETF Sensex Next 50 since July 2019

Past performance may or may not be sustained in future and the same may not necessarily provide the basis for comparison with other Investment. Dividends (if any) are assumed to be reinvested at the prevailing NAV. In case of LIQUIDBEES, returns are based on gross dividend per unit declared by the Fund. Bonus (if any) declared has been adjusted. Performance of dividend option would be Net of Dividend distribution tax, if any. Face value of scheme is `10/- per unit. Face Value of Nippon India Low Duration Fund is `1000/- per unit. Face Value of Nippon India Money Market Fund, Nippon India Liquid Fund, Nippon India Ultra Short Duration Fund is `1000/- per unit w.e.f 5th Aug 2012. Face value of Nippon India ETF Junior BeES is `1.25/- per unit. Face value of Nippon India ETF Liquid BeES is `1000/- per unit. Face value of Nippon India ETF Gold BeES is `100/- per unit. Face value of Nippon India Overnight Fund is `100/- per unit. In case, the start/end date of the concerned period is non-business day (NBD), the NAV of the previous date is considered for computation of returns. Schemes which have not completed one year, performance details for the same are not provided. Performance details of closed ended schemes are not provided since these are not comparable with other schemes.The Scheme does not offer any Plans/Options. The performance details are provided at Scheme level using Dividend Reinvestment NAV's.​​​​​​

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Fund Details

  • Inception Date25 Oct 2007
  • Fund ManagerMr. Mehul Dama
Current Investment Philosophy
    • The Scheme employs a passive investment approach designed to track the performance of Nifty PSU Bank TRI.
    • The Scheme seeks to achieve this goal by investing in securities constituting the Nifty PSU Bank Index in same proportion as in the Index.
Minimum Investment

    Through Stock Exchange - 1 Unit & in multiples thereof.
    Directly with the Mutual fund - in creation unit size viz. 5000 units & in multiples thereof.

Fund Manager
Load Details

Entry Load*

Not Applicable

*In terms of SEBI circular no. SEBI/IMD/CIR No.4/ 168230/09 dated June 30, 2009, no entry load will be charged by the Scheme to the investor effective August 1, 2009. Upfront commission shall be paid directly by the investor to the AMFI registered Distributors based on the investors' assessment of various factors including the service rendered by the distributor.

Exit Load:**

NIL

**If charged, the same shall be credited to the scheme immediately net of Goods & Service tax, if any.

Product label

This product is suitable for investors who are seeking*:

  • long-term capital appreciation.
  • investment in securities covered by Nifty PSU Bank Index.

*Investors should consult their financial advisers if in doubt about whether the product is suitable for them



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Details as on Nov 30 , 2019

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