Key stats
About NOMURA ASSET MANAGEMENT CO LTD NEXT FUNDS NIFTY 50 LINKED ETF
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Inception date
Nov 24, 2009
Replication method
Physical
Dividend treatment
Distributes
Primary advisor
Nomura Asset Management Co., Ltd.
ISIN
JP3047100007
The Indian Rupee based Nifty 50 Index (hereinafter referred to as the Benchmark Index) is used as an underlying benchmark. The Fund aims at investment performance linked to the Benchmark Index, which means NAV volatility is to correspond with that of the yen converted Benchmark 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
Futures
Government
Bonds, Cash & Other100.00%
Futures98.92%
Government72.63%
Cash−71.54%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
1678 assets under management is 67.19 B JPY. It's risen 7.51% over the last month.
1678 fund flows account for 2.66 B JPY (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.
Yes, 1678 pays dividends to its holders with the dividend yield of 1.65%. The last dividend (Sep 18, 2024) amounted to 5.70 JPY. The dividends are paid annually.
1678 shares are issued by Nomura Holdings, Inc. under the brand NEXT FUNDS. The ETF was launched on Nov 24, 2009, and its management style is Passive.
1678 expense ratio is 0.95% meaning you'd have to pay 0.95% of your investment to help manage the fund.
1678 follows the Nifty 50. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
1678 invests in bonds.
1678 price has risen by 2.75% over the last month, and its yearly performance shows a −7.39% decrease. See more dynamics on 1678 price chart.
NAV returns, another gauge of an ETF dynamics, showed a 5.99% increase in three-month performance and has decreased by −2.57% in a year.
NAV returns, another gauge of an ETF dynamics, showed a 5.99% increase in three-month performance and has decreased by −2.57% in a year.
1678 trades at a premium (0.27%) meaning the ETF is trading at a higher price than the calculated NAV.