Table of Contents
What is the use of liquid BeES in NSE?
The fund’s objective is to enhance returns and reduce price risk, which is done by investing into a basket of call money, short-term securities and money market instruments of short maturities while maintaining safety and liquidity.
Does liquid BeES give dividend?
Liquid bees/Liquid ETFs dividends are paid out on a weekly basis. These units received, as dividends can be seen, sold only after the dividend adds up to one whole unit i.e the dividend isn’t fractional. You can see the units received as dividends on Console under holdings, by selecting ‘breakdown’.
Are liquid BeES safe?
This gives it a very high degree of safety and high degree of liquidity. Safety because the money market keeps money for a very short term (overnight or ultra short term) and is monitored by the RBI to ensure there are no challenges in terms of repayment or liquidity. And you can buy and sell it like a stock.
Is it safe to invest in BeES?
Is Nifty BeEs Safe? Nifty BeEs is a carbon copy of Nifty. Since it is linked to the stock market, Nifty BeEs are not as safe as a bank FD or even a debt fund. But it is safer than midcap or small cap stocks as it invests in top 50 large-cap companies in India.
Are liquid BeES good?
ETFs have higher liquidity and lower transaction fees than the mutual fund or shares. GS liquidbees is beneficial to investors looking for current income with relatively lower risk and high level of liquidity. The performance of the scheme is benchmarked against CRISIL Liquid Fund Index.
What is the interest rate of liquid BeES?
NAV as on Nov 30, 2021: `1,000.0000
Performance of Nippon India ETF Liquid BeES as on 30/11/2021 | ||
---|---|---|
Particulars | Simple Annualised \% | CAGR \% |
Value of `10000 Invested | ||
Nippon India ETF Liquid BeES | 10,005 | 11,052 |
B: Nifty 1D Rate Index | 10,005 | 11,324 |
Are liquid bees good?
What is the interest rate of liquid bees?
What are ETF BeES?
Nifty BeES (Benchmark Exchange Traded Scheme)—the first exchange traded fund (ETF) in India—seeks to provide investment returns that closely correspond to the total returns of securities as represented by the S&P CNX Nifty Index. Each Nifty BeES unit is 1/10th of the S&P CNX Nifty Index value.
Is liquid BeES considered as cash?
Hey, yes, LiquidBees is considered as cash equivalent. You can refer to this list to check the securities which are considered as cash and non-cash component.
How much return does liquid BeES give?
Its trailing returns over different time periods are: 2.4\% (1yr), 3.03\% (3yr), 3.9\% (5yr) and 5.67\% (since launch). Whereas, Category returns for the same time duration are: 3.14\% (1yr), 4.64\% (3yr) and 5.49\% (5yr).
What is liquid bees?
Liquid BEES (Liquid Benchmark Exchange Traded Scheme) is the first money market ETF (Exchange Traded Fund) in the world. The investment objective of the Scheme is to provide money market returns. Liquid BEES will invest in a basket of call money, short-term government securities and money market instruments of short and medium maturities.
What is liquid bees ETF?
Nippon India ETF Liquid BeES is Open-ended Liquid Debt scheme which belongs to Nippon India Mutual Fund House. 2. The fund was launched on Jul 08, 2003. Investment objective & Benchmark
What is the average maturity of Nippon India ETF liquid bees?
The Average Maturity of Nippon India ETF Liquid BeES is 0.01 years and Duration is null years. Generally, securities with high maturity are more sensitive to interest rate changes. So, an investor with a low risk appetite may look to invest in a fund with low maturity and duration vis-a-vis category levels.