Nippon India ETF Nifty India Consumption

(CONSUMBEES)

The Nippon India ETF Nifty India Consumption is an Exchange Traded Fund (ETF) that tracks the Nifty India Consumption Index. It was launched in April 2014 by Nippon India Mutual Fund, one of India's leading mutual fund companies. The index comprises companies from the consumer goods and services sector and is weighted by their market capitalization. This index comprises of stocks like Asian Paints, Avenue Supermarts, Bajaj Auto among others. The objective of this ETF is to provide returns that closely correspond to the total returns of the securities as represented by the Nifty India Consumption Index.

This ETF offers investors an opportunity to gain exposure to some of the most promising and popular stocks in the Indian market. It is ideal for investors looking for long-term capital appreciation and portfolio diversification. The fund provides a low-cost, transparent, and liquid investment option for those seeking exposure to the Indian consumer goods and services sector.

Owner: Nippon India Mutual Fund
Ticker: CONSUMBEES
Price: ₹132.69 per unit as on 21 Oct, 2024 04:01 PM
Asset Under Management AUM: ₹117.59Cr as of today
Expense Ratio: 0.31% as of today