Key stats
About NIP IND ETF IT
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Inception date
Jun 26, 2020
Structure
Open-Ended Fund
Replication method
Physical
Primary advisor
Nippon Life India Asset Management Ltd. (Invt Mgmt)
ISIN
INF204KB15V2
The Scheme employs a passive investment approach designed to track the performance of Nifty IT TRI. The Scheme seeks to achieve this goal by investing in securities onstituting the Nifty IT Index in same proportion as in the Index.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Technology Services
Stocks99.83%
Technology Services95.73%
Commercial Services4.10%
Bonds, Cash & Other0.17%
Cash0.17%
Stock breakdown by region
Asia100.00%
North America0.00%
Latin America0.00%
Europe0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
ITBEES invests in stocks. The fund's major sectors are Technology Services, with 95.73% stocks, and Commercial Services, with 4.10% of the basket. The assets are mostly located in the Asia region.
ITBEES top holdings are Infosys Limited and Tata Consultancy Services Limited, occupying 25.68% and 25.04% of the portfolio correspondingly.
ITBEES fund flows account for 342.92 B INR (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
No, ITBEES doesn't pay dividends to its holders.
ITBEES shares are issued by Nippon Life Insurance Co. under the brand Nippon. The ETF was launched on Jun 26, 2020, and its management style is Passive.
ITBEES expense ratio is 0.22% meaning you'd have to pay 0.22% of your investment to help manage the fund.
ITBEES follows the Nifty IT Index - INR - Benchmark TR Net. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
ITBEES invests in stocks.
ITBEES price has risen by 4.51% over the last month, and its yearly performance shows a 12.96% increase. See more dynamics on ITBEES price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 3.27% over the last month, showed a 17.80% increase in three-month performance and has increased by 25.96% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 3.27% over the last month, showed a 17.80% increase in three-month performance and has increased by 25.96% in a year.
ITBEES trades at a premium (0.20%) meaning the ETF is trading at a higher price than the calculated NAV.