The current market price of Nippon India ETF Nifty Bank BeES is ₹585.30. ETF prices fluctuate during market hours based on demand, supply, and movements in the underlying index or assets.

Nippon India ETF Nifty Bank BeES from Nippon Life India Asset Management Limited is an Open Ended Index Exchange Traded Scheme employing a passive approach to replicate Nifty Bank TRI constituents. The fund tracks Nifty Bank TRI via proportional in index weighting, pursuing full replication and exhibiting strong efficiency with a tracking error of 0.0% alongside a modest expense ratio of 0.2%. Portfolio is highly concentrated in banking with Banks at 100.0% allocation; top five holdings HDFC 22.0%, ICICI 18.2%, SBI 10.4%, Axis 10.1%, Kotak 8.9% combine ~69.5% by weight, indicating material concentration risk. Performance: 1Y -0.5%, 3Y CAGR +8.0%, 5Y CAGR +10.1%, 10Y CAGR +12.7%, indicating sustained long term compounding despite near term volatility inherent to concentrated bank index exposure. Operationally the fund is large with AUM ₹7922.5 Cr (monthly average ₹7964.0 Cr), managed by Himanshu Mange since Dec 2023 with 6 years' experience; expense ratio 0.2% and cash 0.0%.

Nippon India ETF Nifty Bank BeES is designed to track Nifty Bank TRI, allowing investors to gain exposure to its underlying securities through a single investment.

The expense ratio of Nippon India ETF Nifty Bank BeES is 0.19%. This represents the annual fee charged by the fund house for managing the ETF and is deducted from the fund’s assets.

The Assets Under Management (AUM) of Nippon India ETF Nifty Bank BeES is approximately ₹7,922.46. AUM reflects the total market value of assets managed by the ETF and is often used as an indicator of fund size and liquidity.

Nippon India ETF Nifty Bank BeES is classified under the Very High risk category. The risk level depends on the volatility of the underlying index, market conditions, and asset composition of the ETF.

The tracking error of Nippon India ETF Nifty Bank BeES is 0.03%. Tracking error measures how closely the ETF’s performance matches its benchmark index over time.

Nippon India ETF Nifty Bank BeES does not currently declare dividends and may reinvest earnings into the fund. Dividend treatment depends on the ETF structure and fund house policy.

Based on available data, Nippon India ETF Nifty Bank BeES has delivered the following returns: 1-year return: 1.74%. 3-year return: 30.48%. 5-year return: 66.34%. Past performance does not guarantee future results.

Before investing in Nippon India ETF Nifty Bank BeES, investors generally consider the underlying index, expense ratio, tracking error, risk profile, liquidity, and how the ETF fits within their overall portfolio strategy.