Nippon India ETF Nifty CPSE Bond Plus SDL Sep 2024 50:50 (Formerly Nippon India ETF Nifty CPSE Bond Plus SDL - 2024 Maturity)
An Open-Ended Target Maturity Exchange Traded CPSE Bond Plus SDL Fund predominately investing in constituents of Nifty CPSE Bond Plus SDL Sep 2024 50:50 Index. Moderate interest rate risk and Relatively Low Credit Risk.
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 CPSE Bond Plus SDL Sep 2024 50:50 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.
Note: The graph is plotted based on dividend reinvestment NAV.
The scheme employs a passive approach designed to track the performance of Nifty CPSE Bond Plus SDL Sep 2024 50:50 Index.The Scheme seeks to achieve this goal by investing in securities representing the Nifty CPSE Bond Plus SDL Sep 2024 50:50 Index.The Scheme will invest 95% to 100% in Bonds issued by CPSEs/CPSUs/CPFIs and other Government organizations representing the bonds portion of Nifty CPSE Bond Plus SDL Sep 2024 50:50 Index and in State Development Loans (SDLs) representing the SDL portion of Nifty CPSE Bond Plus SDL Sep 2024 50:50 Index.The Scheme may also invest in 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
13/11/2020
Benchmark
Nifty CPSE Bond Plus SDL Sep 2024 50:50 Index
0.06 Years
Methodology of Benchmark
Methodology of Benchmark
Scheme Fund Managers
Vivek Sharma,Siddharth Deb
6.8
Note:*Yields are annualized for all the securities
Pricing Per Unit
1/10th of Index
0.05 Years
Creation Unit Size
40,000 Units
Exchange Listed
NSE
NSE Symbol
SDL24BEES
0.00 Years
ISIN
INF204KB18W4
Total Expense Ratio^
0.15
Minimum Application Amount
Through Stock Exchange - 1 Unit & in multiples thereof.
Directly with the Mutual fund - in creation unit size viz. 40,000 Units & in multiples thereof.
Directly with the Mutual fund - in creation unit size viz. 40,000 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 ↓ |
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| 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.1256.00 Cr
Month End
Rs.1018.72 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
Income over long term
Investments in CPSE Bonds & State Development Loans (SDL) similar to the composition of Nifty CPSE Bond Plus SDL Sep 2024 50:50 Index, subject to tracking errors
*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
