Best answer: Is it good to invest in Nifty BeES?

Is Nifty BeES a good investment?

Also, investing in Nifty BeEs is very economical as the expenses are limited to 0.8%. Since it replicates S&P CNX Nifty, the investment portfolio is known to the investors, making it a very transparent form of investment. It trades on the NSE and hence is very convenient to buy and sell, and it is also very liquid.

Which Nifty BeES is the best?

Top 5 Peer Comparison

  • Nippon India ETF Nifty BeES. 53.41% 20.66%
  • Sundaram Select Focus Fund Regular-IDCW. 50.04% 19.27%
  • Canara Robeco Bluechip Equity Fund Regular-IDCW. 50.16% 23.51%
  • Axis Bluechip Fund-IDCW. 47.70% 23.33%
  • Mirae Asset Large Cap Fund Regular- IDCW. 51.95% 19.99%

Which is better nifty BeES or mutual funds?

Because of this passive management, the expense ratio of Nifty BeEs is extremely low. This results in higher returns for investors. … Low Expense Ratio: This is the biggest advantage of Nifty BeEs over index mutual funds. Expense ratio is the cost charged by the fund house to manage your money.

Does Nifty BeES give dividend?

Nippon India ETF Nifty BeES has not declared any dividend for the last several years. As per the Profit & Loss account.

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What is Nippon India ETF Nifty BeES?

Reliance ETF Nifty BeES is an open-ended index scheme that employs a passive approach to track the Nifty 50 Index. The scheme will invest in securities in the same proportion as their constitution on the Nifty 50 Index.

Which is best ETF in India?

Top & Best Index ETFS 2021

Fund Name 1M Return(%) 3M Return(%)
HDFC Sensex ETF 1.13 12.9
SBI – ETF Sensex -6.16 5.84
Edelweiss ETF – NQ30 9.16 24.77
UTI Sensex Exchange Traded Fund -1.44 10.04

Who runs Niftybees?

Nifty BeES, the first ETF in India, is being introduced by BENCHMARK, an Asset Management Company on January 8, 2002. Nifty BeES trades on the Capital Market segment of NSE. Each Nifty BeES unit is 1/10th of the S&P CNX Nifty Index value.

Which Nifty ETF is best investment?

Performance of ETFs

Schemes Latest Price Returns in % (as on Nov 01, 2021)
ICICI Prudential Nifty 100 ETF 196.51 -2.13
Motilal MOSt Oswal M50 ETF 178.00 -2.35
Nippon ETF Nifty 100 200.84 -2.13
IDFC NIFTY ETF 187.67 -2.32

How is Nippon India ETF?

The Current Net Asset Value of the Nippon India ETF Nifty IT as of 29 Oct 2021 is Rs 35.1415 for Growth option of its Regular plan. 2. Its trailing returns over different time periods are: 70.62% (1yr) and 102.42% (since launch). … The expense ratio of the fund is 0.22% for Regular plan as on Sep 30, 2021.

What is Nifty BeES ETF?

Nifty BeES (Benchmark Exchange Traded Scheme)—the first exchange traded fund (ETF) in India—seeks to provide investment returns that closely correspond to the total returns of securities as represented by the S&P CNX Nifty Index. … Each Nifty BeES unit is 1/10th of the S&P CNX Nifty Index value.

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What is the tracking error of Nifty BeES?

Lower the tracking error, the closer are the returns of the fund to the benchmark index. Within the Index funds category of Crisil mutual fund rankings, Nifty BeES has the lowest tracking error. The fund has an annualised tracking error of 0.09 per cent over the last one year, as of February 2011.