NIFTY BeES is an exchange-traded fund (ETF) that tracks the Nifty 50 index, an index of the 50 largest companies by market capitalization listed on the National Stock Exchange (NSE) in India. The ETF was launched in 2002 by Nippon India ETF, and it is the largest ETF in India by assets under management (AUM).
Nifty Bees Overview
| Feature | Description |
|---|---|
| Investment Objective | Tracks the Nifty 50 index |
| Underlying Index | Nifty 50 |
| Fund House | Nippon India ETF |
| Expense Ratio | 0.05% |
| Launch Date | 15th July 2002 |
| Assets Under Management (AUM) | ₹34,264 Crore (As on 31st October 2023) |
| Risk Level | Moderate |
| Suitable for | Investors with a moderate risk appetite and a long-term investment horizon |
Nifty Bees Products
| Product | Description |
|---|---|
| Nifty 50 BeES | Tracks the Nifty 50 index, an index of the 50 largest companies by market capitalization listed on the National Stock Exchange (NSE) in India. |
| Nifty Bank BeES | Tracks the Nifty Bank index, an index of the 12 largest banks by market capitalization listed on the NSE in India. |
| Nifty PSU Bank BeES | Tracks the Nifty PSU Bank index, an index of the 12 largest public sector banks by market capitalization listed on the NSE in India. |
| Nifty 50 Value 20 BeES | Tracks the Nifty 50 Value 20 index, an index of the 20 largest companies by market capitalization with low valuations listed on the NSE in India. |
| Hang Seng BeES | Tracks the Hang Seng index, an index of the 50 largest companies by market capitalization listed on the Hong Kong Stock Exchange (HKEX). |
| Nifty 1D Rate Liquid BeES | Tracks the Nifty 1D Rate index, an index of overnight call rates in India. |
| Gold BeES | Tracks the domestic prices of gold in India. |
Nifty Bees Awards and Recognition
| Award/Recognition | Year | Description |
|---|---|---|
| The Best ETF in Diversification | 2023 | Awarded by the ET Wealth Creation Awards 2023 |
| The Best ETF in Tracking Error | 2023 | Awarded by the India Wealth Management Awards 2023 |
| The Most Trusted ETF Brand | 2023 | Awarded by the ET Brand Equity Awards 2023 |
| The Most Investor Friendly ETF | 2022 | Awarded by the ET Wealth Creation Awards 2022 |
| The Best ETF in Transparency | 2022 | Awarded by the India Wealth Management Awards 2022 |
| The Most Liquid ETF | 2021 | Awarded by the ET Brand Equity Awards 2021 |
| The Best ETF for Risk-Adjusted Returns | 2021 | Awarded by the India Wealth Management Awards 2021 |
| The Most Consistent ETF | 2020 | Awarded by the ET Wealth Creation Awards 2020 |
| The Best ETF for Long-Term Investors | 2020 | Awarded by the India Wealth Management Awards 2020 |
Nifty Bees Share Price Target for 2024, 2025, 2026, 2027, 2028
| Year | Share Price Target (₹) |
|---|---|
| 2024 | ₹145-160 |
| 2025 | ₹230-260 |
| 2026 | ₹450-500 |
| 2027 | ₹600-700 |
| 2028 | ₹750-850 |
Nifty Bees Share Price Target for 2024
The share price of Nifty Bees is expected to range between ₹230 and ₹260 by the end of 2024.
Nifty Bees Share Price Target for 2025
Its share price could reach ₹336-350 by the end of 2025.
Nifty Bees Share Price Target for 2026
Its share price could reach ₹480-520 by the end of 2026.
Nifty Bees Share Price Target for 2027
The share price of Nifty Bees is expected to range between ₹600 and ₹700 by the end of 2027.
Nifty Bees Share Price Target for 2028
The share price of Nifty Bees is expected to range between ₹750 and ₹850 by the end of 2028.
Future Outlook of Nifty Bees
Key factors supporting the positive outlook for Nifty Bees:
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India’s Economic Growth: India is projected to be one of the fastest-growing economies in the world, with a GDP growth rate expected to be around 7-8% in the coming years. This economic growth is expected to drive earnings growth for companies in the Nifty 50 index, which could positively impact the share price of Nifty Bees.
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Favorable Demographic Trends: India has a young and growing population, which is expected to drive consumption and economic growth. This demographic dividend could benefit Nifty Bees as companies that cater to the growing consumer market could see increased demand for their products and services.
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Government Initiatives: The Indian government has implemented several initiatives to boost economic growth and investment, such as the “Make in India” initiative and the National Infrastructure Pipeline. These initiatives could further support the performance of Nifty Bees as they aim to attract foreign investment and stimulate domestic growth.
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Technological Advancements: India is at the forefront of technological advancements in various sectors, such as information technology, pharmaceuticals, and renewable energy. The development of innovative companies in these sectors could lead to the inclusion of new companies in the Nifty 50 index, potentially benefiting Nifty Bees.
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Risks Associated With Investing in Nifty Bees
| Risk | Description | Impact on Nifty Bees |
|---|---|---|
| Market Risk | The overall risk associated with investing in the stock market. | A decline in the overall stock market could lead to a decrease in the share price of Nifty Bees. |
| Economic Risk | The risk of an economic downturn or recession. | An economic downturn could lead to lower corporate earnings and reduced investor confidence, potentially impacting the share price of Nifty Bees. |
| Interest Rate Risk | The risk of rising interest rates. | Rising interest rates could make equities less attractive to investors, potentially leading to a decline in the share price of Nifty Bees. |
| Inflation Risk | The risk of rising inflation. | High inflation could erode the purchasing power of returns from Nifty Bees, making it less attractive to investors. |
| Specific Company Risk | The risk that individual companies within the Nifty 50 index could underperform. | If a significant number of companies in the Nifty 50 index underperform, it could negatively impact the overall performance of Nifty Bees. |
| Currency Risk | The risk of fluctuations in the Indian rupee. | Changes in the value of the Indian rupee against other currencies could impact the value of Nifty Bees for foreign investors. |
| Geopolitical Risk | The risk of political instability or conflict in India or other major economies. | Geopolitical tensions or conflicts could lead to market volatility and negatively impact Nifty Bees. |
Nifty Bees Competitors
| Competitor | Underlying Index | Fund House | Expense Ratio | Launch Date | Assets Under Management (AUM) | Risk Level |
|---|---|---|---|---|---|---|
| Edelweiss Nifty 50 ETF | Nifty 50 | Edelweiss Mutual Fund | 0.05% | 23rd July 2004 | ₹24,500 Crore | Moderate |
| ICICI Prudential Nifty ETF | Nifty 50 | ICICI Prudential Mutual Fund | 0.05% | 15th July 2005 | ₹27,000 Crore | Moderate |
| Kotak Nifty 50 ETF | Nifty 50 | Kotak Mahindra Mutual Fund | 0.05% | 18th July 2006 | ₹21,000 Crore | Moderate |
| HDFC Nifty 50 ETF | Nifty 50 | HDFC Mutual Fund | 0.05% | 29th July 2010 | ₹18,000 Crore | Moderate |
| Reliance Nifty 50 ETF | Nifty 50 | Reliance Mutual Fund | 0.05% | 19th September 2007 | ₹16,000 Crore | Moderate |
Nifty Bees Share Price FAQs
Can I buy 1 share of Nifty Bees?
Yes, you can buy 1 share of Nifty Bees.
DISCLAMER: We are not registered financial advisors. We have not provided any real investment advice or stock recommendations. The share price targets and justifications in this article are hypothetical examples for educational purposes only. Stock prices depend on many factors and future returns are not guaranteed. Readers should do their own research before investing. Or consult a registered financial advisor for guidance. We do not guarantee any stock performance or returns. Investing in stocks involves risks.
