Nippon India ETF Nifty BeES is a Others Mutual Fund Scheme launched by Reliance Mutual Fund. This scheme was introduced to investors on 28 Dec 2001. Payal Kaipunjal is the Current Fund Manager of Nippon India ETF Nifty BeES.The fund currently has an Asset Under Management(AUM) of ₹1,673 Cr and the Latest NAV as of 16 Jan 2020 is ₹130.92.
The Nippon India ETF Nifty BeES is rated Moderately High risk. 0.
Investment Objective
To provide investment return that closely correspond to the returns of the securities as represented by the S&P CNX Nifty 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.
Scheme Information Document(SID)
Not Supported
Min for First Investment
Not Supported
Min for Second Investment