Nippon India ETF Nifty 1D Rate Liquid BeES (Formerly Nippon India ETF Liquid BeES)
An open ended liquid scheme, listed on the Exchange in the form of an ETF, investing in Tri-Party Repo on G-Sec or T-bills /Repo & Reverse Repo with daily Dividend and compulsory Reinvestment of Income Distribution cum capital withdrawal option. Relatively Low Interest Rate Risk and Relatively Low Credit Risk.
The investment objective of Nippon India ETF Nifty 1D Rate Liquid BeES (Formerly Nippon India ETF Liquid BeES) is to seek to provide current income, commensurate with low risk while providing a high level of liquidity through a portfolio of Tri-Party Repo/Repo & Reverse Repo. The Scheme will provide returns that before expenses, closely correspond to the returns of Nifty 1D Rate index. There can be no assurance or guarantee that the investment objective of the Scheme will be achieved.
Note: The graph is plotted based on dividend reinvestment NAV.
All investments of the scheme would be in Tri-Party Repo, Repos, Reserve Repos and other Money Market Instruments.
*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.
**If charged, the same shall be credited to the scheme immediately net of service tax, if any.
Inception Date
08/07/2003
Benchmark
Nifty 1D Rate Index
3.98 Days
Methodology of Benchmark
Methodology of Benchmark
Scheme Fund Managers
Siddharth Deb
Pricing Per Unit
Nil
0.00 Days
Creation Unit Size
2500 Units
Exchange Listed
NSE
NSE Symbol
LIQUIDBEES
4 Days
ISIN
INF732E01037
Total Expense Ratio^
0.65
Minimum Application Amount
Through Stock Exchange - 1 Unit & in multiples thereof.
Directly with the Mutual fund - in creation unit size viz. 2500 Units & in multiples thereof.
Directly with the Mutual fund - in creation unit size viz. 2500 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) |
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| Moderate (Class II) |
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| Relatively High (Class III) |
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Fund size
Monthly Avg
Rs.13527.77 Cr
Month End
Rs.12968.43 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
Current Income with high degree of liquidity
Investment in Tri-Party Repo on G-Sec or T-bills/Repo & Reverse Repo predominantly & Money Market Instruments.
*Investors should consult their financial advisers if in doubt about whether the product is suitable for them.
Data as on Oct 31, 2024.
Note: Data related to Group Disclosure is unavailable
Data as on Oct 31, 2024.
Source: ACE Equity
Data as on Oct 31, 2024.
Source: As per AMFI Industry Classification
Source: As per Hang Seng Industry Classification
