Fund Details
Nippon India ETF Hang Seng BeES Growth
| Risk | Very High |
|---|---|
| Min SIP Amount | Not Supported |
| Expense Ratio | 0.86% |
| NAV | ₹352.36 (04 Mar 2021) |
|---|---|
| Fund Started | 09 Mar 2010 |
| Fund Size | ₹40 Cr |
Returns
Comparison
1. 10Y Returns are higher than the category average returns
2. Exit load is zero
1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
2. 1Y Returns are lower than the category average returns
3. 3Y Returns are lower than the category average returns
4. 5Y Returns are lower than the category average returns
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Tencent Holdings Ltd. | Technology | Forgn. Eq | 10.9% |
| AIA Group (Hongkong) | Financial | Forgn. Eq | 9.8% |
| HSBC Holdings PLC (HongKong) | Financial | Forgn. Eq | 7.3% |
| Meituan Dianping | Services | Forgn. Eq | 5.7% |
| China Construction Bank Corporation | Financial | Forgn. Eq | 5.5% |
| Hong Kong Exchanges & Clearing Ltd. | Financial | Forgn. Eq | 5.2% |
| Alibaba Group Holdings Ltd. | Services | Forgn. Eq | 5.2% |
| Ping An Insurance (Grp) Co of China Ltd. | Financial | Forgn. Eq | 4.7% |
| Xiaomi Corporation | Communication | Forgn. Eq | 4.0% |
| Industrial & Commercial Bank of China | Financial | Forgn. Eq | 3.2% |
Fund Managers
Nippon India ETF Hang Seng BeES Growth Details
Nippon India ETF Hang Seng BeES Growth is a Others Mutual Fund Scheme launched by Nippon India Mutual Fund. This scheme was made available to investors on 09 Mar 2010. Siddharth Deb, Kinjal Desai is the Current Fund Manager of Nippon India ETF Hang Seng BeES Growth fund.The fund currently has an Asset Under Management(AUM) of ₹40 Cr and the Latest NAV as of 04 Mar 2021 is ₹352.36.
The Nippon India ETF Hang Seng BeES Growth is rated Very High risk.
Investment Objective
The Scheme seeks to provide returns that, before expenses, closely correspond to the total returns of securities as represented by Hang Seng Index of Hang Seng Data Services Limited, by investing in the securities in the same proportion as in the Index.
Tax Implications
Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.
