Fundalysisby DARKHORSESTOCKS

Scheme

Nippon India ETF Nifty PSU Bank BeES

Holds 12 companies worth ₹3,930 Cr in Sept 2026.

  • Fund house

    NipponThe fund house that runs this scheme.

  • AUM

    ₹3,932 CrNippon India ETF Nifty PSU Bank BeES's AUM at the end of 30 Sept 2026, as AMFI reports it. Down 2.7% on Aug 2026, ₹4,041 Cr.

  • Largest holding

    State Bank of IndiaState Bank of India is 33.3% of this scheme's NAV.

  • Fund manager

    Jitendra TolaniRuns it since 1 Feb 2025, as the fund house dates it.

Overview(24 Aug 2026)

Fund managers1

  1. Jitendra TolaniFund manager · Feb 2025 · 20y · MBA
  1. Himanshu MangeDec 2023 – Feb 2025

Key facts

Benchmark
Nifty PSU Bank TRI
Risk
Very High
Expense
Regular 0% · Direct 0.51%
Exit load
Nil
Started
25 Oct 2007
Minimum
In creation unit size of 25,000 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(4 changes)

Aug 2026

1 change
  1. Expense ratio
    23 AugDirect 0.52% → 0.51%

Jul 2026

1 change
  1. Expense ratio
    9 Jul0.49% → Regular 0% · Direct 0.52%

Feb 2025

2 changes
  1. Jitendra Tolani joined
    10 Febas fund manager
  2. Himanshu Mange left
    10 Febran it as fund manager from Dec 2023

Source.Its filings at NSE, since Aug 2024.

Fund managers over time(Dec 2023 – now)

  1. Jitendra Tolani
  2. 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%0.51%0.01
9 Jul 20260.00%0.52%–
Direct plan, 23 Aug 2026
0.51%
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 PSU Bank BeES is to provide returns that, before expenses, closely correspond to the total returns of the Securities as represented by the Nifty PSU Bank Index. There can be no assurance or guarantee that the investment objective of the Scheme will be achieved.

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 PSU Bank Index
Benchmark
Nifty PSU Bank TRI

Asset allocation it may hold% of NAV

  1. Securites covered by Nifty PSU 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 25,000 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 25,000 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 25,000 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
24 Oct 2007
Started
25 Oct 2007
Reopened
1 Nov 2007
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