Nippon India ETF Nifty 50 Shariah BeES

Nippon India ETF Nifty 50 Shariah BeES is a Other Mutual Fund Scheme launched by Nippon India Mutual Fund. This scheme was made available to investors on 30 Jun 1995. Mehul Dama is the Current Fund Manager of Nippon India ETF Nifty 50 Shariah BeES fund. The fund currently has an Asset Under Management(AUM) of ₹2,77,915 Cr and the Latest NAV as of 22 Sep 2023 is ₹445.69. The Nippon India ETF Nifty 50 Shariah BeES is rated Very High risk. ;

Investment Objective

The investment objective of the scheme is to provide returns that, before expenses, closely correspond to the total returns of the Securities as represented by the Nifty50 Shariah Index by investing in Securities which are constituents of the Nifty50 Shariah Index in the same proportion as in the Index. Investors to note that Reliance ETF Shariah BeES is not a Shariah compliant scheme.There can be no assurance or guarantee that the investment objective of the Scheme will be achieved. ;