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About the Scheme

Scheme Name

Nippon India ETF Nifty 50 Value 20 (Formerly Nippon India ETF NV20)

Type of Scheme

An open ended Index Exchange Traded Fund

Investment Objective

The investment objective of the scheme is to provide investment returns closely corresponding to the total returns of the securities as represented by the Nifty 50 Value 20 Index before expenses, subject to tracking errors. However, 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

Nippon India ETF Nifty 50 Value 20 (Formerly Nippon India ETF NV20) is a passively managed exchange traded fund which will employ an investment approach designed to track the performance of Nifty 50 Value 20 Index.The Scheme seeks to achieve this goal by investing in securities constituting the Nifty 50 Value 20 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

18/06/2015

Volatility Measures

Benchmark

Nifty 50 Value 20 TRI

Standard Deviation

3.81

Methodology of Benchmark

Methodology of Benchmark

Scheme Fund Managers

Himanshu Mange

Sharpe Ratio

0.31

Pricing Per Unit

1/100th of Index

Beta

0.97

Creation Unit Size

30,000 Units

$Note: The above measures have been calculated using monthly rolling returns for 36 months period with 6.9% risk free return (FBIL Overnight MIBOR as on 30/11/2023).

Exchange Listed

NSE

NSE Symbol

NV20BEES

Portfolio Turnover (Times)

0.34

BSE Code

For Tracking Error and Tracking Difference.

ISIN

INF204KB18I3

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. 30,000 Units & in multiples thereof.

Directly with the Mutual fund - in creation unit size viz. 30,000 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.108.18 Cr

Month End

Rs.109.68 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 February 29, 2024

PRODUCT LABEL

This product is suitable for investors who are seeking*

Long term capital growth

Investment in equity and equity related securities and portfolios replicating the composition of Nifty 50 Value 20 Index, subject to tracking errors

*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 February 29, 2024.

TOP 7 GROUPS

Note: Data related to Group Disclosure is unavailable

TOP 7 GROUPS

Data as on February 29, 2024.

Source: ACE Equity

TOP 4 SECTORS

Data as on February 29, 2024.

Source: As per AMFI Industry Classification

Source: As per Hang Seng Industry Classification

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