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About the Scheme

Scheme Name

Nippon India ETF Nifty CPSE Bond Plus SDL Sep 2024 50:50 (Formerly Nippon India ETF Nifty CPSE Bond Plus SDL - 2024 Maturity)

Type of Scheme

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.

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 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.

Performance

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

FUND BASICS

Current Investment Philosophy

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.

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

13/11/2020

Volatility Measures

Benchmark

Nifty CPSE Bond Plus SDL Sep 2024 50:50 Index

Standard Deviation

0.45 Years

Methodology of Benchmark

Methodology of Benchmark

Scheme Fund Managers

Vivek Sharma,Siddharth Deb

Sharpe Ratio

7.53


Note:*Yields are annualized for all the securities

Pricing Per Unit

1/10th of Index

Beta

0.42 Years

Creation Unit Size

230,000 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

SDL24BEES

Portfolio Turnover (Times)

0.44 Years

BSE Code

For Tracking Error and Tracking Difference.

ISIN

INF204KB18W4

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^

0.15

Minimum Application Amount

Through Stock Exchange - 1 Unit & in multiples thereof.

Directly with the Mutual fund - in creation unit size viz. 230,000 Units & in multiples thereof.

Directly with the Mutual fund - in creation unit size viz. 230,000 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.1633.86 Cr

Month End

Rs.1638.82 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*

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.

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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