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Fund Card

Bajaj Finserv __ __ __


ETF

Benchmark: NIFTY 50 TRI
iNAV    
₹ --.---
as on __-__-____
 
 

Summary Note
 
notifier-imgThis is an Exchange Traded Fund fund with NIFTY 50 TRI as its benchmark. The risk level for this fund is categorized as Very High.
Summary Dynamic Card

Total AUM

₹244.01 crores

as of 31 January, 2025

Age of Fund

1 year 1 month

since 19 January, 2024

Entry & Exit Load

Nil

Ideal holding period

10 Years+

Summary Investment Philosophy

Investment Objective

The investment objective of the Scheme is to provide returns that are corresponding with the performance of the NIFTY 50 Index, subject to tracking errors.
However, there is no assurance that the investment objective of the Scheme will be achieved.

Benefits
 
 

About the Fund

A Nifty 50 ETF is an exchange-traded fund that tracks the Nifty 50 index.

Diversification

This ETF offers exposure to country’s top 50 companies in terms of market capilisation, spreading risk and helping investors tap into the growth potential of large cap firms.

Liquidity

Traded on stock exchanges, ETFs provide easy buying and selling, ensuring quick and efficient transactions.

Low costs

With generally lower fees than traditional mutual funds, ETFs offer a cost-effective investment option.

Portfolio
 
 

Top Holdings

Top Sectors
Top Holding
Top 7 Stocks
% to NAV

HDFC Bank Limited
13.28%
ICICI Bank Limited
8.56%
Reliance Industries Limited
8.21%
Infosys Limited
6.12%
Bharti Airtel Limited
4.24%
Larsen & Toubro Limited
3.75%
ITC Limited
3.70%
Top 7 Groups
% to NAV

HDFC
13.94%
Tata
9.04%%
ICICI
8.56%
Mukesh Ambani
8.21%
Infosys
6.12%
PSU
5.70%
Bajaj
4.31%
 
 
 
 
Top 4 Sectors
% to NAV

Financial Services
36.52%
Information Technology
13.13%
Oil, Gas & Consumable Fuels
10.39%
Fast Moving Consumer Goods
7.63%
 
 
 
 
 
 
 
 
 
 
 
As on 28-02-2025
Top Holdings

Reverse Repo / TREPS
0.93%
Cash & Cash Equivalent
0.94%
 
 
 
 
 
 
 
 
 
 
Credit rating profile

Cash Equivalent
0.94%
 
 
 
 
 
 
 
 
Instrument break-up

TREPS
1.75%
 
 
 
 
 
 
 
 
As on 28-02-2025
Fund Details Full
 
 

Fund Details

Type of scheme

An open ended exchange traded fund tracking NIFTY 50 Index

ETF Launch Date

Launch Date

19 January, 2024

Load Structure

Creation Unit Size and Tracking Error

  • Creation Unit Size - 50,000 Units
  • For Tracking Difference Click here

Load Structure

  • Entry Load - Nil
  • Exit load - Nil
    There will be no exit load for units sold through the secondary market on the stock exchange. Investors shall note that the brokerage on sales of the units of the scheme on the stock exchanges shall be borne by the investors. Large Investors can redeem units directly with the fund at Applicable NAV based prices if the redemption amount is greater than Rs. 25 cr. Currently there is no exit load applicable for the said transactions. However, the Trustees reserve right to introduce exit load at later date.
Minimum Investment

Minimum Application Amount

On an On-going Basis:

On Exchange: Investors can buy/sell units of the Scheme in round lot of 1 unit and in multiples thereof.
Directly with the Mutual Fund: Any order placed for redemption or subscription directly with the AMC must be of greater than Rs. 25 Cr.
All direct transactions in units of the Scheme by Market Maker / Authorised Participant or large investors with the AMC/the Fund shall be at intraday NAV based on the actual execution price of the underlying portfolio.
The aforesaid threshold shall not be applicable for Market Maker / Authorised Participant and shall be periodically reviewed.
An investor can buy / sell units on a continuous basis in the normal market segment of National Stock Exchange of India Limited (NSE)/ BSE Limited during the trading hours like any other publicly traded stock at prices which are quoted on NSE/BSE. These prices may be close to the actual NAV of the Scheme. There is no minimum investment, although units are to be purchased in lots of 1 unit.
The threshold of Rs. 25 crore for direct transaction in the units of the Scheme with the AMC. Investors can therefore transact in the units of the Scheme directly with the AMC in the respective creation unit size as applicable in the SID.

Fund Size

Fund Size (AUM)

  • Monthly Average - 195.94 as on 31 January 2025
  • Month End – nil - 209.72 as on 31 January 2025

Total Expense Ratio (TER)

Click Here

To view Total Expense Ratio

Benchmark and Exchange

Benchmark & Exchange

  • Benchmark - Nifty 50 TRI
  • Exchange Listed – NSE & BSE
  • NSE Symbol - NIFTYBETF
  • BSE Code – 544092
Market Makers

Market makers

  • East India Securitiesl
  • Kanajalochana Finserv
  • Parwati Capital
TER

Total Expense Ratio of Mutual Fund scheme

Maximum Total Expense Ratio (TER) permissible under Regulation 52 (6) I (i) and (6) (a) (Upto 1.00)
Additional expenses for gross new inflows from specified cities (Upto 0.30*)
*SEBI vide letter no. SEBI/HO/IMD/IMD-SEC3/P/OW/2023/5823/1 dated February 24, 2023 and AMFI vide letter no. 35P/MEM-COR/85/2022-23 dated March 02, 2023 has advised AMCs to keep B-30 incentive in abeyance till AMCs put in place effective controls. Accordingly, applicability of this expense ratio will be subject to any further communication issued by SEBI / AMFI in this regard.

Fund Manager

Fund Managers

Mr. Ilesh Savla
Fund Manager - Equity
Product Label and Riskometer

Product Label and Riskometer

This product is suitable for investors who are seeking*:

  • Wealth creation over long term
  • An exchange traded fund that seeks to provide returns that correspond to the returns provided by Nifty 50 Index, subject to tracking error
*Investors should consult their financial advisers if in doubt about whether the product is suitable for them
What are ETFs

What are ETFs

ETFs, or Exchange-Traded Funds, are diversified investment avenues that trade on stock exchanges like individual stocks. Similar to mutual funds, ETF investments offer diversification by holding a variety of stocks, bonds, or commodities.

However, unlike mutual funds, ETFs can be bought and sold throughout the trading day at the price quoted on exchange, which is based on the current value of their underlying securities. Moreover, with most mutual funds, a manager actively chooses the portfolio holdings and makes buy or sell decisions based on the investment strategy and objectives. The goal is usually to outperform the broader market. In comparison, ETFs mirror an existing stock market index (such as the Nifty 50) and seek to replicate its performance (subject to a tracking error, which is the difference between the fund’s performance and that of its benchmark).

Why Invest in ETFs

Why invest in ETFs?

Here are some of the benefits of investing in ETFs:

  • Diversification: ETFs provide exposure to a broad range of assets, helping reduce individual stock or sector risk.
  • Low costs: ETFs generally have lower fees than actively managed funds, keeping more of your returns.
  • Flexibility: You can buy and sell ETFs anytime during market hours, just like stocks.
Who should invest

Who should invest

ETF investments can be suitable for a diverse range of investors. This can include:

1. New investors who seek exposure to various assets through a single investment.
2. Seasoned investors seeking portfolio diversification or the inclusion of specific asset classes.
3. Investors who want to reduce the role of a fund manager’s decision-making on their investment and prefer to align it with broader market movements.
4. Investors seeking intra-day liquidity and trading flexibility.
5. Investors who want lower expense ratios than that charged by active mutual funds

FAQ
 
 

Frequently Asked Questions

ETF funds and index funds both track market indices, but the main difference is that ETFs trade like stocks on stock exchanges, offering flexibility and intra-day trading. Unlike index funds, you need a demat account to invest in an ETF funds.

For investing in ETFs in India, you need to open a Demat account with a bank or brokerage, which allows you to buy and hold ETFs. Next, select an ETF investment that aligns with your goals and research its performance, expense ratio, and tracking error. You can buy the ETF just as you would stocks.

No, the securities in ETF funds depend on the benchmark index. So, depending on the composition of that index, an ETF investment can comprise of stocks, bonds, commodities etc.

There are several types of ETF funds in India. These include broad market ETFs that track major indices like Nifty 50, gold ETFs, which track the prices of domestic gold, bond ETFs, which invest in government or corporate bonds, sector ETFs, which focus on specific sectors such as banking or technology and commodity ETFs, which track commodities like silver and other metals.

ETF investments passively track indices and trade like stocks on exchanges, allowing intraday trading and typically having lower fees. In comparison, actively managed mutual funds invest in securities that are selected by fund managers who seek to outperform the market in the long term. This can lead to higher expense ratios. Moreover, unlike ETF funds, mutual funds are not traded on the stock exchange and units can only be bought and sold at the end of a business day.

The Net Asset Value (NAV) of an ETF funds is calculated at the close of each trading day. It represents the value of the ETF’s holdings, minus any liabilities, divided by the total number of outstanding units. In addition to the daily NAV, ETFs also provide an indicative NAV or iNAV throughout the trading day, based on real-time market movements.

Yes, you can sell ETF funds anytime during market hours, just like stocks. ETF funds trade on exchanges, so you can buy or sell them throughout the trading day at the current market price, unlike mutual funds, which only trade once daily at the end-of-day price. This flexibility makes investing in ETFs beneficial for those who want the option to react quickly to market changes. However, be mindful of potential transaction costs or liquidity issues, especially with niche or low-volume ETF funds.

The market price of an ETF funds is determined by supply and demand throughout the trading day. The net asset value (NAV), representing the total value of the underlying shares, is calculated at the end of each trading day.

When investing in ETFs, you can choose to hold them the long term. There's no predefined maturity date, and ETF funds can be part of a buy-and-hold approach.

The suitability of ETF as an investment depends on several factors, including your investing preferences and goals. An ETF can be suitable for investors seeking a passive approach with the potential to provide returns that are in line with the relevent market segment (represented by the benchmark index), subject to tracking error. It is also suitable for those who want intra-day liquidity.

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