Nippon India ETF Nifty Bank BeES
EquitySector - Financial ServicesVery High Risk
Direct
NAV (25-Jul-24)
Returns (Since Inception)
Fund Overview
Fund Size
₹6,990 Cr
Expense Ratio
0.19%
ISIN
INF204KB15I9
Minimum SIP
-
Exit Load
-
Inception Date
31 May 2004
About this fund
As of 25-Jul-24, it has a Net Asset Value (NAV) of ₹521.44, Assets Under Management (AUM) of 6989.82 Crores, and an expense ratio of 0.19%.
- Nippon India ETF Nifty Bank BeES has given a CAGR return of 17.17% since inception.
- The fund's asset allocation comprises around 99.48% in equities, 0.00% in debts, and 0.52% in cash & cash equivalents.
Performance against Category Average
In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.
1 Year
+11.80%
+17.99% (Cat Avg.)
3 Years
+13.93%
+16.83% (Cat Avg.)
5 Years
+11.97%
+14.67% (Cat Avg.)
10 Years
+12.90%
+12.54% (Cat Avg.)
Since Inception
+17.17%
— (Cat Avg.)
Portfolio Summaryas of 30th June 2024
| Equity | ₹6,953.63 Cr | 99.48% |
| Others | ₹36.19 Cr | 0.52% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| HDFC Bank Ltd | Equity | ₹1,973.18 Cr | 28.23% |
| ICICI Bank Ltd | Equity | ₹1,631.08 Cr | 23.34% |
| Kotak Mahindra Bank Ltd | Equity | ₹706.73 Cr | 10.11% |
| State Bank of India | Equity | ₹704.12 Cr | 10.07% |
| Axis Bank Ltd | Equity | ₹695.08 Cr | 9.94% |
| IndusInd Bank Ltd | Equity | ₹384.23 Cr | 5.50% |
| Bank of Baroda | Equity | ₹203.23 Cr | 2.91% |
| The Federal Bank Ltd | Equity | ₹166.87 Cr | 2.39% |
| AU Small Finance Bank Ltd | Equity | ₹148.43 Cr | 2.12% |
| Punjab National Bank | Equity | ₹145.25 Cr | 2.08% |
| IDFC First Bank Ltd | Equity | ₹129.07 Cr | 1.85% |
| Bandhan Bank Ltd | Equity | ₹66.36 Cr | 0.95% |
| Net Current Assets | Cash | ₹32.92 Cr | 0.47% |
| Triparty Repo | Cash - Repurchase Agreement | ₹3.27 Cr | 0.05% |
| Cash Margin - Ccil | Cash - Collateral | ₹0 Cr | 0.00% |
Allocation By Market Cap (Equity)
Large Cap Stocks
92.17%
Mid Cap Stocks
7.31%
Small Cap Stocks
--
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Financial Services | ₹6,953.63 Cr | 99.48% |
Risk & Performance Ratios
Standard Deviation
This fund
15.87%
Cat. avg.
16.57%
Lower the better
Sharpe Ratio
This fund
0.63
Cat. avg.
0.55
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
0.98
Higher the better
Fund Managers
Himanshu Mange
Since December 2023
Additional Scheme Detailsas of 30th June 2024
ISIN | INF204KB15I9 | Expense Ratio | 0.19% | Exit Load | - | Fund Size | ₹6,990 Cr | Age | 31 May 2004 | Lumpsum Minimum | - | Fund Status | Open Ended Investment Company | Benchmark | Nifty Bank TR INR |
Investment Objective
To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.
Tax Treatment
Withdrawal within 1 year
Flat 15% tax on realised gains (STCG - short term capital gains)
Withdrawal after 1 year
10% tax on realised gains above Rs. 1 lakh per financial year (LTCG - long term capital gains)
Note: Mutual funds are subject to capital gains taxation with surcharge and cess, based on prevailing income tax rules and investor income. Taxation applies to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.
Similar Sector - Financial Services Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| Tata Nifty Private Bank ETF Very High Risk | 0.1% | - | ₹9.45 Cr | 8.9% |
| Aditya Birla Sun Life Nifty Financial Services ETF Very High Risk | - | - | - | - |
| Nippon India ETF Nifty PSU Bank BeES Very High Risk | 0.5% | - | ₹2759.48 Cr | 59.2% |
| Kotak Nifty PSU Bank ETF Very High Risk | 0.5% | - | ₹1477.69 Cr | 59.3% |
| HDFC Nifty Bank ETF Very High Risk | 0.2% | - | ₹2535.06 Cr | 11.8% |
| ICICI Prudential Nifty Private Banks ETF Very High Risk | 0.1% | - | ₹1911.12 Cr | 14.1% |
| Axis NIFTY Bank ETF Very High Risk | 0.2% | - | ₹274.29 Cr | 11.7% |
| ICICI Prudential Banking and Financial Services Regular Growth Very High Risk | 1.9% | 1.0% | ₹7671.24 Cr | 18.8% |
| UTI Banking and Financial Services Fund Regular Growth Very High Risk | 2.2% | 1.0% | ₹1140.83 Cr | 19.3% |
| Nippon India Banking & Financial Services Fund Regular Growth Very High Risk | 1.9% | 1.0% | ₹5932.60 Cr | 22.7% |
About the AMC
Total AUM
₹4,96,196 Cr
Address
4th Floor, Tower A, Peninsula Business Park, Mumbai, 400 013
Other Funds by Nippon India Mutual Fund
Risk Level
Your principal amount will be at Very High Risk
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- Himanshu Mange
Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377 and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
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