Is it good to buy Nifty Bees (ETF) in Indian Stock Market?
Is it good to buy Nifty Bees (ETF) in Indian Stock Market? How is the returns.Say i am entering in the current levels of Nifty@5000.Is it a good bet?
Public Comments
- Nifty BeES is the first ETF in India and offers you a good diversified exposure to quality stocks on S&P CNX Nifty Index. It is an excellent option to buy from a long term or at least two to three year perspective. In the last one year, it has offered absolute returns of around 13.2%. However, at the moment, European and Asian markets are under pressure and Indian markets are volatile too. So, you might want to wait and watch if you have a short-term perspective.
- nifty bees is bench mark share of one tenth of a nifty. you can purchase one equity of nifty bees by investment of about 500/-. nifty in form of minifty your transaction amount is about one lac. return depend upon markets of nifty/nifty bees at the time of purchase and sell.
Powered by Yahoo! Answers