Nippon India ETF Nifty 1D Rate Liquid BeES IDCW Daily

Nippon India ETF Nifty 1D Rate Liquid BeES IDCW Daily is a Other Mutual Fund Scheme launched by Nippon India Mutual Fund. This scheme was made available to investors on 30 Jun 1995. Siddharth Deb is the Current Fund Manager of Nippon India ETF Nifty 1D Rate Liquid BeES IDCW Daily fund. The fund currently has an Asset Under Management(AUM) of ₹2,77,915 Cr and the Latest NAV as of 24 Sep 2023 is ₹1,000.00. The Nippon India ETF Nifty 1D Rate Liquid BeES IDCW Daily is rated Low risk. ;

Investment Objective

The investment objective of Reliance ETF Liquid BeES is to seek to provide current income, commensurate with low risk while providing a high level of liquidity through a portfolio of Collateralised Lending & Borrowing Obligation (CBLO)/Repo & Reverse Repo. The Scheme will provide returns that before expenses, closely correspond to the returns of Nifty 1D Rate index.There can be no assurance or guarantee that the investment objective of the Scheme will be achieved. ;