Nifty BeES, the first ETF in India, is being introduced by BENCHMARK, an Asset Management Company on January 8, 2002. Nifty BeES trades on the Capital Market segment of NSE. Each Nifty BeES unit is 1/10th of the S&P CNX Nifty Index value. Nifty BeES units are traded and settled in dematerialised form like any other share in the rolling settlement.
ISIN code INF732E01011
NSE symbol NIFTYBEES
Reuters code NBES.NS
Face value Rs. 10
Benchmark Mutual Fund calculates and disseminates real-time NAV for Nifty BeES on its website www.benchmarkfunds.com and on Reuters Page BEES01. For further details you may visit the website www.benchmarkfunds.com Continue reading Nifty BeES – Nifty Index Fund for S&P CNX 50 India