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Overview

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The Nippon India ETF Nifty PSU Bank BeES, managed by Nippon Life India Asset Management Limited, is a passive equity ETF aimed at tracking the Nifty PSU Bank TRI through direct index replication.

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This ETF employs a strategy that mirrors the Nifty PSU Bank Index, ensuring proportional investment in its constituent securities, thereby maximizing tracking efficiency with a minimal tracking error of 0.09%.

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The portfolio is heavily concentrated in the banking sector, with State Bank of India leading at 32.4%, followed by Bank of Baroda and Canara Bank, indicating significant sector exposure and potential concentration risk.

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Over the past year, the fund has delivered an impressive return of 28.0%, with a three-year CAGR of 27.5%, showcasing strong performance consistency in a volatile market environment.

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With an AUM of ₹3663.2 Cr and an expense ratio of 0.49%, the fund balances operational efficiency with accessibility, managed by Jitendra Tolani, who brings 19 years of experience to the table.

AMC

Nippon Life India Asset Management Li...

Manager

Jitendra Tolani

Benchmark

Nifty PSU Bank TRI

Fund Size

3,663

Expense Ratio (%)

0.49%

Tracking Error (%)

0.09%

PE

Beta

Moderate Risk

Volatility

0.22

Dividend Yield (%)

52W Low

61.45

52W High

96.59

Standard Deviation

1.403

Risk Level

VERY HIGH

Technicals

Bullish

RSI

51.75

EMA 50

91.07

EMA 200

81.00

Technicals

Oscillators

BearishNeutralBullish

Neutral

Bearish

3

Neutral

9

Bullish

2

Overall

BearishNeutralBullish

Bullish

Bearish

14

Neutral

9

Bullish

23

Moving Averages

BearishNeutralBullish

Bullish

Bearish

11

Neutral

0

Bullish

21

Overall

BearishNeutralBullish

Bullish

Bearish

14

Neutral

9

Bullish

23

Holdings(Top 10 Holdings)

CompanyWeightage (%)
State Bank of India32.43%
Bank of Baroda14.56%
Canara Bank13.08%
Punjab National Bank12.00%
Indian Bank8.59%
Union Bank of India8.14%
Bank of India4.81%
Bank of Maharashtra2.63%
Indian Overseas Bank1.18%
Central Bank of India1.09%

Allocation

Industry
Asset
Industry
No ConstituentsNo Constituents

No data found

Peers

No ConstituentsNo Constituents