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About the Scheme

Scheme Name

Nippon India ETF Nifty Next 50 Junior BeES (Formerly Nippon India ETF Junior BeES)

Type of Scheme

An open ended Index Exchange Traded scheme

Investment Objective

The investment objective of Nippon India ETF Nifty Next 50 Junior BeES (Formerly Nippon India ETF Junior BeES) is to provide returns that, before expenses, closely correspond to the returns of Securities as represented by Nifty Next 50 Index. There can be no assurance or guarantee that the investment objective of the Scheme will be achieved

Performance

Note: The graph is plotted based on dividend reinvestment NAV.

FUND BASICS

Current Investment Philosophy

The Scheme employs a passive investment approach designed to track the performance of Nifty Next 50 TRI.The Scheme seeks to achieve this goal by investing in securities constituting the Nifty Next 50 Index in same proportion as in the Index.

Load Details
Entry Load* : Nil

*In terms of SEBI circular no. SEBI/IMD/CIR No.4/ 168230/09 dated June 30, 2009, no entry load will be charged by the Scheme to the investor effective August 1, 2009. Upfront commission shall be paid directly by the investor to the AMFI registered Distributors based on the investors' assessment of various factors including the service rendered by the distributor.

Exit Load** : Nil

**If charged, the same shall be credited to the scheme immediately net of service tax, if any.

Inception Date

21/02/2003

Volatility Measures

Benchmark

Nifty Next 50 TRI

Standard Deviation

16.86

Methodology of Benchmark

Methodology of Benchmark

Scheme Fund Managers

Himanshu Mange

Sharpe Ratio

0.92

Pricing Per Unit

1/100th of Index

Beta

0.97

Creation Unit Size

10,000 Units

$Note: The above measures have been calculated using monthly rolling returns for 36 months period with 6.55% risk free return (FBIL Overnight MIBOR as on 30/09/2024).

Exchange Listed

NSE

NSE Symbol

JUNIORBEES

Portfolio Turnover (Times)

0.61

BSE Code

For Tracking Error and Tracking Difference.

ISIN

INF732E01045

Note : 1 year Annualised Tracking Error based on daily returns. For schemes in existence less than 1 year Tracking Error calculated based on available data.

Total Expense Ratio^

Minimum Application Amount

Through Stock Exchange - 1 Unit & in multiples thereof.

Directly with the Mutual fund - in creation unit size viz. 10,000 Units & in multiples thereof.

Directly with the Mutual fund - in creation unit size viz. 10,000 Units & multiple of 1 unit thereof.

^w.e.f May 1, 2023, the execution value for large investors must be greater than Rs.25 crores (except for Schemes managed by Employee Provident Fund Organisation (EPFO), India and Recognized Provident Funds, Approved Gratuity Funds and Approved Superannuation Funds under Income Tax Act, 1961)

Load Structure

Entry Load : Nil, Exit Load : Nil

PRC Matrix

Potential Risk Class
Credit Risk → Relatively
Low
(Class A)
Moderate
(Class B)
Relatively
High
(Class C)
Interest Rate
Risk ↓
Relatively Low
(Class I)
Moderate
(Class II)
Relatively High
(Class III)

Fund size

Monthly Avg

Rs.5592.76 Cr

Month End

Rs.5698.46 Cr

Total Expense Ratio - includes additional expenses provided in Regulation 52(6A)(b) and 52(6A)(c) of SEBI (Mutual Funds) Regulations, 1996 and Goods and Service Tax on Management Fees.


Data as on May 31, 2024

PRODUCT LABEL

This product is suitable for investors who are seeking*

Long-term capital appreciation

Investment in securities covered by Nifty Next 50 Index

*Investors should consult their financial advisers if in doubt about whether the product is suitable for them.

Fund Riskometer

riskometer

Benchmark Riskometer

riskometer

TOP 7 STOCKS

TOP 7 ISSUERS

Data as on Sep 30, 2024.

TOP 7 GROUPS

Note: Data related to Group Disclosure is unavailable

TOP 7 GROUPS

Data as on Sep 30, 2024.

Source: ACE Equity

TOP 4 SECTORS

Data as on Sep 30, 2024.

Source: As per AMFI Industry Classification

Source: As per Hang Seng Industry Classification

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