Fundalysisby DARKHORSESTOCKS

Scheme

Nippon India ETF Nifty Bank BeES

Holds 14 companies worth ₹7,915 Cr in Sept 2026.

  • Fund house

    NipponThe fund house that runs this scheme.

  • AUM

    ₹7,917 CrNippon India ETF Nifty Bank BeES's AUM at the end of 30 Sept 2026, as AMFI reports it. Down 5.7% on Aug 2026, ₹8,397 Cr.

  • Largest holding

    HDFC BankHDFC Bank is 18.6% of this scheme's NAV.

  • Fund manager

    Himanshu MangeRuns it since 23 Dec 2023, as the fund house dates it.

Overview(24 Aug 2026)

Fund managers1

  1. Himanshu MangeFund manager · Dec 2023 · 7y · CA

    Key facts

    Benchmark
    Nifty Bank TRI
    Risk
    Very High
    Expense
    Regular 0% · Direct 0.2%
    Exit load
    Nil
    Started
    27 May 2004
    Minimum
    In creation unit size of 5,000 units and in multiples thereafter However, in case of large investors, the execution value must be greater than Rs. 25 crores

    Source.Its Scheme Summary Document as of 24 Aug 2026 at AMFI.

    What changed(2 changes)

    Aug 2026

    1 change
    1. Expense ratio
      23 AugDirect 0.21% → 0.2%

    Jul 2026

    1 change
    1. Expense ratio
      9 Jul0.19% → Regular 0% · Direct 0.21%

    Source.Its filings at NSE, since Aug 2024.

    Fund managers over time(Dec 2023 – now)

    1. Himanshu Mange
    MainCoSlice202420252026
    Fig. 1.Who ran it when: each manager from the date the fund house gives, or the first document listing them where it gives none, to when they left. A slice is part of it: overseas, gold and silver, or arbitrage.

    Costs(Jul 2026 – Aug 2026)

    Every change to the expense ratio, newest first.
    2 changesRegularDirectΔ pt
    23 Aug 20260.00%0.20%0.01
    9 Jul 20260.00%0.21%–
    Direct plan, 23 Aug 2026
    0.20%
    Regular plan 0.00% · Exit load nil
    Fig. 1.Total expense ratio a year, each plan's, as its Scheme Summary Documents state it, filing by filing at NSE. A change holds until the next.

    Objective and risk(24 Aug 2026)

    Objective

    The investment objective of Nippon India ETF Nifty Bank BeES is to provide returns that, before expenses, closely correspond to the total returns of the Securities as represented by the Nifty Bank Index.

    Risk, type and benchmark

    Riskometer
    Very High
    At launch
    Very High
    Type
    An open ended index scheme, listed on the Exchange in the form of an Exchange Traded Fund (ETF) tracking the Nifty Bank Index
    Benchmark
    Nifty Bank TRI

    Asset allocation it may hold% of NAV

    1. Securities covered by the Nifty Bank Index
      Allowed95–100%
    2. Money Market Instruments
      Allowed0–5%Holds0.0%

    Holds in Sept 2026.100.0% equity

    How to invest(24 Aug 2026)

    Buying

    To start
    In creation unit size of 5,000 units and in multiples thereafter However, in case of large investors, the execution value must be greater than Rs. 25 crores

    Selling and switching

    To redeem
    In creation unit size of 5,000 units and in multiples thereafter However, in case of large investors, the execution value must be greater than Rs. 25 crores units
    Switch minimum
    In creation unit size of 5,000 units and in multiples thereafter However, in case of large investors, the execution value must be greater than Rs. 25 crores units

    Scheme details(24 Aug 2026)

    What it is

    Category
    Others - Other ETFs
    Offer
    25 May 2004 to 26 May 2004
    Started
    27 May 2004
    Reopened
    4 Jun 2004
    Face value
    Re.1/- per unit
    Listed
    NSE

    How it is run

    Swing pricing
    No
    Side-pocketing
    No
    Custodian
    Deutsche Bank A.G.
    Auditor
    Walker Chandiok & Co LLP
    Registrar
    KFin Technologies Limited