Nippon India Nifty Next 50 Junior Bees Key Features and Details

The Nippon India Nifty Next 50 Junior Bees is an open-ended equity scheme that aims to track the performance of the Nifty Next 50 Index. It invests in the top 50 companies that are next in line to enter the Nifty 50 index.

The fund's investment objective is to provide long-term capital appreciation by investing in a diversified portfolio of stocks. The scheme has a minimum investment requirement of Rs. 500.

The Nippon India Nifty Next 50 Junior Bees has a total expense ratio of 0.20% and a minimum lock-in period of 365 days. This means that investors can redeem their units after one year from the date of investment.

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The investment objective of Nippon India ETF Nifty Next 50 Junior BeES is to provide returns that closely correspond to the returns of securities as represented by the Nifty Next 50 Index.

The fund has a minimum investment requirement of Rs. 10,000 and a minimum additional investment of Rs. 1,000. You can also invest through a Systematic Investment Plan (SIP), but the minimum SIP investment amount is not specified.

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To give you a better idea of the fund's performance, here are some key statistics:

The fund has a relatively high standard deviation of 17.96, indicating that it can be quite volatile. However, the Sharpe Ratio of 0.57 suggests that the fund's returns have been relatively consistent over time.

The fund manager of this investment scheme employs a passive investment approach, designed to track the performance of the Nifty Next 50 TRI.

The scheme seeks to achieve this goal by investing in securities constituting the Nifty Next 50 Index in the same proportion as in the Index.

No entry load will be charged by the scheme to the investor, effective August 1, 2009.

Upfront commission shall be paid directly by the investor to the AMFI registered Distributors based on the investor's assessment of various factors.

The upfront commission will be credited to the scheme immediately, net of service tax if any.

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The fund manager has a Sharpe Ratio of 0.57, indicating a moderate level of risk.

The scheme has a Standard Deviation of 17.96, which is relatively high compared to other investment options.

The Portfolio Turnover (Times) is 0.64, indicating a low level of trading activity.

The Total Expense Ratio is 0.64, which includes additional expenses provided in Regulation 52(6A)(b) and 52(6A)(c) of SEBI (Mutual Funds) Regulations, 1996 and Goods and Service Tax on Management Fees.

The fund size is around Rs. 6,453.71 crores on a monthly average.

Here's a summary of the fund manager's details:

The investment details of Nippon India ETF Nifty Next 50 Junior BeES are straightforward. The minimum investment required is Rs. 10,000.00.

You can invest as little as Rs. 1,000.00 as an additional investment, but there's no minimum SIP investment. When it's time to withdraw, you'll need to have at least Rs. 100.00 in your account.

The exit load is a flat 0%, which means you won't have to pay any fees when you withdraw your money. It's worth noting that the scheme employs a passive investment approach, tracking the performance of the Nifty Next 50 TRI.

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Here are the key investment details:

The fund size is a significant Rs. 6,632.91 Cr, and the expense ratio is a reasonable 0.17%. The scheme has a standard deviation of 17.96, indicating a relatively high level of volatility.

Nippon India Mutual Fund is one of India’s leading mutual funds, with Average Assets Under Management (AAUM) of Rs 2,79,431 Crores.

Nippon India Mutual Fund has been established as a trust under the Indian Trusts Act, 1882.

Nippon Life Insurance Company is the Sponsor of Nippon India Mutual Fund.

Nippon Life India Trustee Ltd serves as the Trustee of Nippon India Mutual Fund.

Nifty Next 50 has undergone a rejig, with Siemens Energy, Hindustan Zinc, Mazagon Dock, and Solar Industries added to the index.

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The Nippon India Nifty Next 50 Junior BeES has a Realtime NAV of ₹ 702.50 as of current data.

The fund's AUM (Assets Under Management) is a substantial ₹ 6,632.91cr. This is a significant amount of money being managed by the fund.

The expense ratio of the fund is 0.17%, which is relatively low compared to other funds in the same category.

Here's a breakdown of the fund's performance compared to its category average:

The fund's rank within its category varies across different time periods, with a highest rank of 15 in the 3Y time period.

The market snapshot is a crucial tool for tracking the performance of a company.

The volume of shares traded is a key indicator, with a recent reading of 1.5 lakhs.

Value is another important metric, with a recent reading of 2.5 lakhs.

The FFM Cap, or Face Value of the company, is a significant figure, standing at 3.5 lakhs.

These numbers give us a quick glance at the market's activity and the company's financials.

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The Nippon India ETF Nifty Next 50 Junior BeES has a Realtime NAV of ₹ 702.50. The fund's AUM (Assets Under Management) is a massive ₹ 6,632.91cr. Its expense ratio is a relatively low 0.17%.

The fund's sector expense ratio is 0.27%, with a tracking error of 0.06% and a sector tracking error of 0.17%. This means the fund is closely tracking the Nifty Next 50 Total Return Index.

Here's a breakdown of the fund's performance metrics:

The fund's annualized returns over the past 1, 3, 6, and 12 months are 1.37%, 0.59%, 13.75%, and -8.00%, respectively. Its 5-year annualized return is 18.17%. These numbers are compared to the category average and the fund's rank within the category.

The fund's expense ratio is 0.17%, which is relatively low compared to its peers. Its tracking error is 0.06%, indicating that the fund is closely tracking the benchmark index.

The JuniorBees share price has been nothing to write home about, with its return being average compared to others.

The performance of JuniorBees shares has been unremarkable, with no standout achievements to speak of.

Its share price hasn't experienced any exciting growth, which is a key indicator of a company's overall health.

The JuniorBees share price has been stable, but stability alone doesn't necessarily translate to success.

Overall, JuniorBees' share price has been a middle-of-the-pack performer.

The Nippon India Nifty Next 50 Junior Bees fund allows you to share a portion of your investment with others, a process known as transfer.

You can transfer your units to anyone, either in whole or in part, and the recipient can then sell them or hold onto them.

The fund offers dividend options, which means you can receive a portion of the fund's earnings in the form of dividends, paid out quarterly.

Dividends are paid out of the fund's distributable profits, and the amount you receive will depend on the number of units you own.

You can choose from various dividend options, including dividend payout, dividend reinvestment, and dividend sweep.

The Nippon India Nifty Next 50 Junior BeES has some notable peers in the market. Nippon India ETF Nifty Next 50 Junior BeES tracks the Nifty Next 50 Index.

The ETF has a tracking error of 0.06% which is relatively low. The expense ratio is 0.17%, which is a bit higher than some of its peers.

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Here's a comparison of the ETF with its peers:

It's worth noting that some of these ETFs have a lower expense ratio than Nippon India ETF Nifty Next 50 Junior BeES, but they also have a higher tracking error.

The Nippon India ETF Nifty Next 50 Junior BeES scheme allows you to invest directly with the mutual fund in creation unit sizes of 10,000 units.

You can invest in multiples of 10,000 units, which can be a convenient option for those who want to make a significant investment.

When evaluating the performance of a company, it's essential to consider its peers in the industry. In this case, the Nippon India ETF Nifty Next 50 Junior BeES has several peers that are worth looking at.

The Nippon India ETF Nifty Next 50 Junior BeES tracks the Nifty Next 50 Index, which means it's competing with other ETFs that track the same index. One of its main competitors is the ICICI Prudential Nifty Next 50 ETF.

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The ICICI Prudential Nifty Next 50 ETF has a lower tracking error of 0.04% compared to the Nippon India ETF's 0.06%. This suggests that the ICICI Prudential ETF is more closely aligned with the Nifty Next 50 Index.

Another competitor worth mentioning is the SBI Nifty Next 50 ETF, which also has a tracking error of 0.04%. This is impressive, considering the SBI ETF has a slightly higher expense ratio of 0.12%.

The Mirae Asset Nifty Next 50 ETF is another player in the market, but it has a higher tracking error of 0.13%. This may be a concern for investors who prioritize tracking the index.

Here's a comparison of the main competitors:

By considering these competitors, investors can make a more informed decision about which ETF to choose.

Nitin Bhasin, a market expert, believes that largecap pharma, IT, and FMCG sectors will drive gains in a range-bound market.

Largecap pharma, IT, and FMCG sectors are expected to perform well.

Nitin Bhasin's analysis suggests that these sectors will provide opportunities for investors in a market that's unlikely to see significant gains.

Investors looking to invest in largecaps may want to consider the Nifty Next 50 index.

This index tracks the performance of the next 50 largest companies in India, after the top 50.

Nitin Bhasin thinks the Nifty Next 50 index could be a good option for investors looking to invest in largecaps.

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