Nippon India ETF Nifty 50 Shariah BeES
NAV as of Aug 30, 2024
593.990.52%
- IDCW - Regular
(Earn upto 0.00% Extra Returns with Direct Plan)
Fund Category:
Equity: Large Cap
Expense Ratio:
0.96%(0.86% Category
average)Fund Size:
Rs. 20.90 Cr(0.00% of Investment in Category)
- Invest in MFADD TO PORTFOLIO
Nippon India ETF Nifty 50 Shariah BeES
NAV as of Aug 30, 2024
593.990.52%
Expense Ratio:
0.96%
Fund Size:
Rs. 20.90 Cr
Fund Category:
Equity: Large Cap
1. Current NAV: The Current Net Asset Value of the Nippon India ETF Nifty 50 Shariah BeES as of Aug 30, 2024 is Rs 593.99 for IDCW option of its Regular plan.
2. Returns: Its trailing returns over different time periods are: 37.63% (1yr), 10.22% (3yr), 18.69% (5yr) and 15.29% (since launch). Whereas, Category returns for the same time duration are: 42.68% (1yr), 17.97% (3yr) and 19.92% (5yr).
3. Fund Size: The Nippon India ETF Nifty 50 Shariah BeES currently holds Assets under Management worth of Rs 20.9 crore as on Jul 31, 2024.
4. Expense ratio: The expense ratio of the fund is 0.96% for Regular plan as on Aug 21, 2024.
5. Exit Load: The given fund doesn't attract any Exit Load.
6. Minimum Investment: Minimum investment required is Rs 10000 and minimum additional investment is Rs 0. Minimum SIP investment is Rs 0.
Nippon India ETF Nifty 50 Shariah BeES Returns
Trailing Returns
Rolling Returns
Discrete Period
SIP Returns
1M 3M 6M 1Y 3Y 5Y Annualized Returns 3.03 23.62 16.45 38.48 9.99 18.65 Category Avg 1.12 12.34 18.62 43.55 17.22 20.06 Rank within Category 1 1 84 74 109 63 No. of funds within Category 167 163 162 151 110 92 - Loading...
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Return Comparison
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Nippon India ETF Nifty 50 Shariah BeES Fund Details
Investment Objective - The scheme seeks to generate returns that closely correspond to the total returns of the securities as represented by the Nifty Shariah Index by investing upto 90% of its assets in securities which are constituents of CNX Nifty Shariah Index in the same proportion as in the index.
Fund House | Nippon India Mutual Fund |
Launch Date | Mar 18, 2009 |
Benchmark | NIFTY 50 Shariah Total Return Index |
Return Since Launch | 15.34% |
Riskometer | Very High |
Type | Open-ended |
Risk Grade | - |
Return Grade | - |
Nippon India ETF Nifty 50 Shariah BeES Investment Details
Minimum Investment (Rs.) | 10,000.00 |
Minimum Additional Investment (Rs.) | - |
Minimum SIP Investment (Rs.) | - |
Minimum Withdrawal (Rs.) | 100.00 |
Exit Load | 0% |
Portfolio Allocation
Asset Allocation
Asset Allocation History
Sector Allocation
Market Cap Allocation
Concentration & Valuation Analysis
JUL 2024 | JUN 2024 | MAY 2024 | APR 2024 | MAR 2024 | FEB 2024 | |
---|---|---|---|---|---|---|
Number of Holdings | 17 | 18 | 18 | 21 | 21 | 22 |
Top 5 Company Holdings | 53.7% | 56.33% | 55.45% | 51.3% | 52.18% | 53.65% |
Top 10 Company Holdings | 79.69% | 77.81% | 77.29% | 71.77% | 71.93% | 72.08% |
Company with Highest Exposure | Tata Consultancy (20.14%) | Infosys (21.24%) | Infosys (20.18%) | Infosys (18.93%) | Infosys (19.63%) | Infosys (20.93%) |
Number of Sectors | 6 | 6 | 6 | 8 | 8 | 9 |
Top 3 Sector Holdings | 72.07% | 78.53% | 77.09% | 75.54% | 76.07% | 76.89% |
Top 5 Sector Holdings | 95.92% | 96.59% | 95.55% | 90.32% | 90.37% | 90.13% |
Sector with Highest Exposure | Technology (34.85%) | Technology (49.88%) | Technology (48.1%) | Technology (45.83%) | Technology (47.11%) | Technology (48.69%) |
Top Stock Holdings
Sector Holdings in MF
Company Sector Assest(%) P/E EPS-TTM(₹) RETURN 1 YR(%) Tata Consultancy Technology 20.14 35.15 129.55 33.64 Hindustan Unilever Consumer Staples 10.95 63.17 43.98 10.26 Sun Pharmaceutical Industries Healthcare 8.42 42.07 43.30 61.86 HCL Technologies Technology 7.88 28.97 60.53 51.34 Asian Paints Materials 6.31 59.04 52.96 -5.17 Ultratech Cement Materials 6.23 46.52 242.92 36.86 ONGC Energy 5.91 9.43 35.08 87.59 Coal India Materials 5.4 8.85 59.34 129.42 Tech Mahindra Technology 4.48 63.58 25.74 37.51 Nestle India Consumer Staples 3.97 74.31 33.65 13.52
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Peer Comparison
Cumulative Returns
SIP returns
Discrete Returns
Quant Measures
Asset Allocation
Scheme Name NAV(Rs./Unit) Scheme Rating AUM(Rs. Cr) 1M 1Y 3Y 5Y Nippon India ETF Nifty 50 Shariah BeES 593.99 Unrated 20.90 3.03 38.48 9.99 18.65 JM Large Cap Fund-IDCW 32.49 331.31 -0.23 48.10 20.77 20.66 Nippon India Large Cap Fund-IDCW 28.82 31,800.96 0.29 39.33 22.99 23.15 ICICI Prudential Bluechip Fund-IDCW 35.10 62,717.11 1.27 42.64 20.39 22.16 Quant Focused Fund-IDCW 70.18 1,115.99 0.07 47.28 21.96 25.80
Risk Ratios
Ratios are calculated using the calendar month returns for the last 3 years
Standard Deviation
Standard Deviation
Standard deviation is the deviation of the fund's return around mean.
High Volatality
16.04VS14.10Fund Vs Category Avg
Beta
Beta
Beta shows the portfolio risk in relation to the market. A beta of less than 1 means that the fund returns are less volatile compared to the broader market. A beta of more than 1 means that the fund returns are more volatile than the broader markets. A beta equal to 1 means that fund's volatility is in line with the broader market.
Low Volatality
0.98VS0.99Fund Vs Category Avg
Sharpe Ratio
Sharpe Ratio
Sharpe ratio is a risk adjusted performance measure. A fund with a higher Sharpe ratio is considered better than a fund with a lower Sharpe ratio.
Poor risk-adjusted returns
0.46VS0.96Fund Vs Category Avg
Treynor's Ratio
Treynor's Ratio
Treynor is a risk adjusted performance measure. A fund with a higher Treynor ratio is considered better than a fund with a lower Treynor ratio.
Poor risk-adjusted returns
7.54VS13.26Fund Vs Category Avg
Jensen's Alpha
Jensen's Alpha
Alpha shows the ability of the fund manager to outperform the market. A higher Alpha is preferred.
Poor risk-adjusted returns
-5.62VS-0.06Fund Vs Category Avg
Mean Return
Mean Return
Average return generated by the fund during a specified period.
Poor average monthly returns
12.96VS18.60Fund Vs Category Avg
Risk Ratio Chart
- Risk Ratio
- Category Average
Fund Manager
No Fund Manager for this fund
More Nippon India Mutual Fund
Scheme Name | Rating | Asset Size(Cr) | 1M | 3M | 6M | 1Y | 3Y |
---|---|---|---|---|---|---|---|
Nippon India Small Cap Fund - Growth | 46,044.13 | -1.95 | 4.63 | 11.09 | 51.11 | 32.62 | |
CPSE ETF-Growth | 36,337.22 | 5.09 | 32.09 | 56.49 | 103.31 | 51.23 | |
Nippon India Liquid Fund-Growth | 35,418.60 | 0.59 | 1.82 | 3.54 | 7.17 | 5.27 | |
Nippon India Liquid Fund Retail-Growth | 35,418.60 | 0.56 | 1.69 | 3.25 | 6.54 | 4.63 | |
Nippon India Multi Cap Fund-Growth | 26,808.69 | 1.36 | 8.18 | 12.89 | 47.34 | 27.40 | |
Nippon India Growth Fund - Growth | 24,480.78 | -1.05 | 4.87 | 14.90 | 52.89 | 26.50 | |
Nippon India Large Cap Fund-Growth | 22,766.78 | 3.02 | 9.89 | 15.39 | 42.51 | 22.36 | |
Nippon India ELSS Tax Saver Fund-Growth | 14,287.55 | 1.98 | 8.33 | 15.88 | 40.29 | 19.76 | |
Nippon India Arbitrage Fund-Growth | 13,853.85 | 0.60 | 2.11 | 3.66 | 7.47 | 5.40 | |
Nippon India Money Market Fund-Growth | 13,164.78 | 0.72 | 1.91 | 3.65 | 7.63 | 5.66 |
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1. Nippon India ETF Nifty 50 Shariah BeES is Open-ended Large Cap Equity scheme which belongs to Nippon India Mutual Fund House.
2. The fund was launched on Mar 18, 2009.
Investment objective & Benchmark
1. The investment objective of the fund is that " The scheme seeks to generate returns that closely correspond to the total returns of the securities as represented by the Nifty Shariah Index by investing upto 90% of its assets in securities which are constituents of CNX Nifty Shariah Index in the same proportion as in the index. "
2. It is benchmarked against NIFTY 50 Shariah Total Return Index.
Asset Allocation & Portfolio Composition
1. The asset allocation of the fund comprises around 99.15% in equities, 0.0% in debts and 0.85% in cash & cash equivalents.
2. While the top 10 equity holdings constitute around 79.69% of the assets, the top 3 sectors constitute around 72.07% of the assets.
3. The fund largely follows a Growth oriented style of investing and invests across market capitalisations - around 0.0% in giant & large cap companies, 0.0% in mid cap and 0.0% in small cap companies.
Tax Implications on Nippon India ETF Nifty 50 Shariah BeES
1. Gains are taxed at a rate of 15% (Short-term Capital Gain Tax - STCG) if units are redeemed within 1 year of investment.
2. For units redeemed after 1 year of investment, gains of upto Rs. 1 lakh accruing from those units in a financial year shall be exempted from tax.
3. Gains of more than Rs. 1 lakh will be taxed at a rate of 10% (Long-term Capital Gain Tax - LTCG).
4. For Dividend Distribution Tax, the dividend income from this fund will get added to the income of an investor and taxed according to his/her respective tax slabs.
5. Also, for dividend income in excess of Rs 5,000 in a financial year; the fund house shall deduct a TDS of 10% on such income.
FAQs about Nippon India ETF Nifty 50 Shariah BeES
- Is it safe to invest in Nippon India ETF Nifty 50 Shariah BeES?As per SEBI’s latest guidelines to calculate risk grades, investment in the Nippon India ETF Nifty 50 Shariah BeES comes under Very High risk category.
- What is the category of Nippon India ETF Nifty 50 Shariah BeES?Nippon India ETF Nifty 50 Shariah BeES belongs to the Equity : Large Cap category of funds.
- How Long should I Invest in Nippon India ETF Nifty 50 Shariah BeES?The suggested investment horizon of investing into Nippon India ETF Nifty 50 Shariah BeES is >3 years. The suggested investment horizon is the minimum time required for holding investments in the fund to reduce its downside risk and ensure that the returns become more predictable.
- Who manages the Nippon India ETF Nifty 50 Shariah BeES?The Nippon India ETF Nifty 50 Shariah BeES is managed by.
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