September 23, 2022
mayank
Nippon India ETF Nifty 1D Rate Liquid BeES
NAV IDCW Daily: Rs 1,000.0000
Suitable For Which Investors?
“Liquid funds invest in bonds having maturity of up to three months. They are suitable to park the amount you have set aside to meet any emergency needs or any surplus money that you don’t need for a few weeks up to a year. You can expect to earn better returns than what you would get from a bank account.
The risk of incurring a loss in these funds is negligible but they do not guarantee returns or safety of capital. Though rare, there have been few instances when liquid funds have incurred losses.
Remember, these funds are geared to deliver only marginally higher returns than your bank account. They deliver steady, but low returns and are not suitable to build wealth in the long run.”
Fund’s Investment Strategy:
The scheme aims to provide current income commensurate with low risk while providing a high level of liquidity through a portfolio of Collateralised Lending & Borrowing Obligation (CBLO)/Repo & Reverse Repo.
Nippon India ETF Nifty 1D Rate Liquid BeES Fund Manager:
1) Siddharth Deb
Education: Mr. Deb is a B.Sc and MMS (Finance).
Experience: Prior to joining Nippon India Mutual Fund he has worked with Benchmark Asset Management Co. Pvt. Ltd. and Fullerton India Credit Company Ltd.
Investment Details
| Min. Investment (Rs) | 1,00,000 |
| Min. Addl Investment (Rs) | 1,000 |
| Min. SIP Investment (Rs) | — |
| Min. Withdrawal (Rs) | 100 |
| Min. No of Cheques | — |
| Min. Balance (Rs) | — |
| Lock-in Period | NA |
| Exit Load | 0 |
Basic Details
| Fund House | Nippon India Mutual Fund |
| Launch Date | 08-Jul-03 |
| Return Since Launch | 5.57% |
| Benchmark | NIFTY 1D Rate Index |
| Riskometer | Low |
| Type | Open-ended |
| Assets | Rs 5,481 Cr |
| (As on 31-Aug-2022) | |
| Expense Ratio | 0.69% |
| (As on 31-Aug-2022) | |
| Risk Grade | — |
| Return Grade | — |
Nippon India ETF Nifty 1D Rate Liquid BeES Trailing Returns (%)
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| Nippon Ind ETF Nifty 1D Rate Liquid BeES | 2.48 | 0.01 | 0.39 | 1.08 | 1.86 | 3.19 | 2.57 | 3.63 | 4.16 | 5.04 |
| CCIL T Bill Liquidity Weight | 1.5 | 0 | 0.22 | 0.71 | 1.06 | 2.02 | 2.54 | 3.23 | 3.59 | 4.18 |
| Debt: Liquid | 2.99 | 0.01 | 0.42 | 1.24 | 2.21 | 3.91 | 3.86 | 5.13 | 5.72 | 6.67 |
| Rank within category | 40 | 39 | 40 | 40 | 40 | 40 | 39 | 33 | 32 | 31 |
| Number of funds in category | 40 | 40 | 40 | 40 | 40 | 40 | 39 | 33 | 32 | 31 |
Nippon India ETF Nifty 1D Rate Liquid BeES Peer Comparison
| Fund name | Rating | 1 Year Returns | 3 Year Returns | 5 Year Returns | Expense Ratio (%) | Net Assets (Rs Cr) | Return Since Launch (%) | Exit Load (Days) | Fund Age |
| Nippon Ind ETF Nifty 1D Rate Liquid BeES | Unrated | 3.19 | 2.57 | 3.63 | 0.69 | 5,481 | 5.57 | — | 19yrs 2mo |
| UTI Liquid Cash Reg | 4 star | 4.00 | 4.01 | 5.26 | 0.23 | 32,857 | 6.83 | 0.01 (1) | 18yrs 9mo |
| Axis Liquid Reg | 4 star | 4.03 | 4.05 | 5.30 | 0.22 | 29,263 | 6.99 | 0.01 (1) | 12yrs 11mo |
| Baroda BNP Paribas Liquid | 5 star | 4.05 | 4.03 | 5.27 | 0.27 | 6,432 | 6.90 | 0.01 (1) | 13yrs 7mo |
| Mirae Asset Cash Management Reg | 4 star | 3.99 | 4.02 | 5.24 | 0.27 | 5,128 | 6.15 | 0.01 (1) | 13yrs 8mo |
Portfolio Breakup
| Fund | Category | |
| Number of Securities | — | 52 |
| Modified Duration (yrs) | — | 0.09 |
| Average Maturity (yrs) | 0 | 0.09 |
| Yield to Maturity (%) | 5.37 | 5.64 |
| Avg Credit Rating | CASH | — |
Chanakya’s Mutual Fund Guidance For Nippon India ETF Nifty 1D Rate Liquid BeES
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