Reliance ETF Nifty BeES - Latest NAV, Returns, Performance & Portfolio

Reliance ETF Nifty BeES

  • highlight12.62%
  • highlight0.18(0.02%)

Fund Summarystar

PeriodReturns(per year)
10 Years15.45%
5 Years12.62%
3 Years15.59%
1 Year5.39%
6 Months-6.33%
Fund Details
ISININF732E01011
RiskModerately High risk
Fund TypeLarge-Cap
NAV1130.535
Exit Load--

More about this fundstar

Top HoldingsWeightage
HDFC Bank Ltd10.29%
Reliance Industries Ltd9.67%
Housing Development Finance Corp Ltd7.3%
Infosys Ltd6.56%
ITC Ltd5.5%
ICICI Bank Ltd5.41%
Tata Consultancy Services Ltd4.87%
Kotak Mahindra Bank Ltd3.86%
Larsen & Toubro Ltd3.74%
Axis Bank Ltd2.95%

About Reliance ETF Nifty BeES

Reliance ETF Nifty BeES is an open-ended index scheme that employs a passive approach to track the Nifty 50 Index. The scheme will invest in securities in the same proportion as their constitution on the Nifty 50 Index. The fund is aimed at providing long-term capital appreciation and investment in securities covered by Nifty 50.

Pros & Cons of Reliance ETF Nifty BeES

Reliance ETF Nifty BeES offers following benefits: 1. The fund empowers investors to generate returns corresponding to the Nifty 50 Index. 2. At least 95% of the assets are invested in the securities, whereas only 5% may be invested in money market instruments. 3. The AMC will not try to beat the market and only try to replicate it which can be leveraged by investors well-versed with the market trends.

Fund Information and Statistics of Reliance ETF Nifty BeES

i) Inception / Launch date

The Reliance ETF Nifty BeES was launched on December 28, 2001, by Reliance Mutual Funds.

ii) Risk level

Reliance ETF Nifty BeES is a moderately high-risk bet and suitable for investors with some knowledge of market trends seeking long-term capital appreciation.

iii) Redemption

The mutual fund units can be redeemed using the unitholders’ securities account. The units can be bought and sold directly on the exchange. The proceed will be dispatched within 10 working days.

iv) Fund Manager

The fund is managed by Vishal Jain since November 2018. He is a B. Sc and MBA with previous work experience at Goldman Sachs Asset Management as CIO and Benchmark Asset Management Company Ltd as CIO.

v) Entry / Exit load

The fund house does not charge any entry load and exit load.

Tax benefits of investing in Reliance ETF Nifty BeES

The Short-term capital gain tax of 15% is levied if sold before one year from the date of allotment. Long-term capital gains , in excess of Rs 1 lakh, are taxed at 10% without indexation if redeemed after one year. 10% tax will be deducted at source for dividends.

About Reliance Mutual Funds

Reliance Mutual Funds came into existence on June 30, 1995, as Reliance Capital Mutual Fund. However, it got its current name in 2004 when the term capital was dropped from the name. It has Average Assets Under Management (AAUM) of Rs 2,44,843.44 Crores and is present in 160 cities. It aims to ensure reasonable returns on unit holders’ savings.

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Moderately High risk

All investments come with risk. Risk is the volatility or fluctuation in the price (and returns) of the investment. Usually,

  • High Risk = High possible returns
  • Low Risk = Stable, relatively lower returns