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About the Scheme

Scheme Name

Nippon India ETF Nifty 1D Rate Liquid BeES (Formerly Nippon India ETF Liquid BeES)

Type of Scheme

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.

Investment Objective

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.

Performance

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

FUND BASICS

Current Investment Philosophy

All investments of the scheme would be in Tri-Party Repo, Repos, Reserve Repos and other Money Market Instruments.

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

08-07-2003

Volatility Measures

Benchmark

Nifty 1D Rate Index

Standard Deviation

1.00 Days

Methodology of Benchmark

Methodology of Benchmark

Scheme Fund Managers

Siddharth Deb

Sharpe Ratio

Pricing Per Unit

Nil

Beta

0.00 Days

Creation Unit Size

2500 Units

$Note: The above measures have been calculated using monthly rolling returns for 36 months period with 6.69% risk free return (FBIL Overnight MIBOR as on 31/08/2023).

Exchange Listed

NSE

NSE Symbol

LIQUIDBEES

Portfolio Turnover (Times)

0 Days

BSE Code

For Tracking Error and Tracking Difference.

ISIN

INF732E01037

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^

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.

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. 9040.90 Cr

Month End

Rs. 9063.99 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 July 31, 2023

PRODUCT LABEL

This product is suitable for investors who are seeking*

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.

Fund Riskometer

riskometer

Benchmark Riskometer

riskometer

TOP 7 STOCKS

TOP 7 ISSUERS

Data as on July 31, 2023.

TOP 7 GROUPS

Note: Data related to Group Disclosure is unavailable

TOP 7 GROUPS

Data as on July 31, 2023.

Source: ACE Equity

TOP 4 SECTORS

Data as on July 31, 2023.

Source: As per AMFI Industry Classification

Source: As per Hang Seng Industry Classification

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