Benchmark Mutual Fund's Nifty BeES is the first Exchange Traded Fund (ETF) in India. It is a blend of a share and a mutual fund unit with real-time trading facility on NSE. Being an Index ETF, it tracks the S&P CNX Nifty Index, priced at nearly 1/10th of the Nifty value. The scheme is a convenient and efficient way to own the 50 Nifty stocks in one's portfolio.
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