HM
Himanshu MangeLead
Since Dec 2023
AUM managed
₹1,37,504.10Cr
Tenure
Since Dec 2023
Funds
16
Nippon India ETF Nifty Bank BeES
Sector - Financial ServicesNippon India Mutual Fund
NAV
₹573.40
-0.30% today
AUM
₹8,397.01 Cr
Fund size
Expense
0.21%
Regular plan
Min SIP
₹0
per month
Min Lumpsum
₹0
one-time
Exit Load
0.0
on redemption
Fund snapshot
Category rank--
Risk-o-meterVery High Risk
BenchmarkNifty Bank TR INR (100%)
Number of holdings14
Inception31 May 2004
Exit load0.0
Risk metrics
Alpha-1.06
Beta1.04
Sharpe ratio0.3
Standard deviation16.54%
Sortino ratio0.42
Capital gains tax
Equity
STCG · short-term
20%Short-term gains taxed at 20%
Applies when equity fund units are sold within 12 months.
LTCG · long-term
12.5%Long-term gains taxed at 12.5%
Applies when equity fund units are sold after 12 months.
Equity-oriented mutual fund taxation applies based on holding period.
Fund managers
About Nippon India ETF Nifty Bank BeES
Nippon India ETF Nifty Bank BeES is an open-ended Sector - Financial Services mutual fund scheme offered by Nippon India Mutual Fund under the regular plan with the growth option. Its latest net asset value (NAV) is ₹573.40 per unit and the scheme manages ₹8,397.01 Cr in assets under management. The fund charges an expense ratio of 0.21% and is benchmarked against Nifty Bank TR INR (100%). Over the trailing 5 years, Nippon India ETF Nifty Bank BeES has delivered +7.68% returns. SEBI's riskometer places this scheme in the Very High Risk category, so read the scheme information document before investing.
Investment objective
The investment objective of Nippon India ETF Nifty Bank BeES is to provide returns that, before expenses, closely correspond to the total returns of the Securities as represented by the Nifty Bank Index.
Regular Plan · Growth option · NAV as of 14 Oct 2026
Nippon India ETF Nifty Bank BeES returns
| Period | Fund | Category average |
|---|---|---|
| 1 month | -2.30% | -2.25% |
| 3 months | -3.61% | -4.74% |
| 6 months | +0.01% | -0.04% |
| 1 year | -1.71% | +0.28% |
| 3 years | +8.29% | +10.48% |
| 5 years | +7.68% | +10.05% |
Rolling returns
| Period | Fund | Category average |
|---|---|---|
| 1 month | -- | -5.73% |
| 3 months | +7.42% | -5.04% |
| 6 months | -3.64% | +8.59% |
| 1 year | +8.56% | +1.79% |
| 3 years | +34.12% | +29.46% |
| 5 years | +70.22% | +63.63% |
Past performance is not indicative of future returns. Mutual fund investments are subject to market risks; read all scheme related documents carefully.
Nippon India ETF Nifty Bank BeES — frequently asked questions
What is the NAV of Nippon India ETF Nifty Bank BeES?
The latest net asset value (NAV) of Nippon India ETF Nifty Bank BeES is ₹573.40 per unit, -0.30% over the previous trading day. NAV is declared by the AMC at the end of every business day.
What returns has Nippon India ETF Nifty Bank BeES delivered?
Nippon India ETF Nifty Bank BeES has returned +7.68% over the trailing 5 years (1 year: -1.71%, 3 years: +8.29%). Returns beyond one year are annualised. Past performance does not guarantee future returns.
What is the expense ratio of Nippon India ETF Nifty Bank BeES?
Nippon India ETF Nifty Bank BeES charges an expense ratio of 0.21% per annum. The expense ratio is deducted from the scheme's assets, so the NAV you see is already net of it.
How risky is Nippon India ETF Nifty Bank BeES?
SEBI's riskometer classifies Nippon India ETF Nifty Bank BeES as Very High Risk, which is typical for a Sector - Financial Services scheme. Match the scheme's risk level to your own risk tolerance and investment horizon before investing.
What is the minimum investment in Nippon India ETF Nifty Bank BeES?
The minimum lumpsum investment in Nippon India ETF Nifty Bank BeES is ₹0.
Who manages Nippon India ETF Nifty Bank BeES?
Nippon India ETF Nifty Bank BeES is managed by Nippon India Mutual Fund, holds ₹8,397.01 Cr in assets under management and invests across 14 holdings. This page covers the regular plan with the growth option.
Scheme identifiers
- Fund house
- Nippon India Mutual Fund
- Scheme category
- Equity
- Scheme sub-category
- Sector - Financial Services
- Plan
- Regular plan
- Option
- Growth
- ISIN
- INF204KB15I9
- Scheme code
- FSUSA07NGH