General

Is investment in Niftybees good?

Is investment in Niftybees good?

Is Nifty BeES a good investment? Yes, Nifty BeES is a very good investment because it gives you diversification in the top 50 companies of Nifty50. Meanwhile, it also reduces the risk of investing in a single sector/stock. In Addition, It’s very economical as the expenses are limited to 0.8\% including management fees.

Should I invest in Niftybees for long-term?

If you invest Rs 5000 per month for 20 years in Nifty BeES, then you will be able to accumulate about Rs 50 lakhs in 20 years. However, if you invest in better top-rated Mutual Funds in the right categories, then you will be able to accumulate about Rs 60–65 lakhs in the same 20 year period.

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Is Niftybees safe?

Since it is linked to the stock market, Nifty BeEs are not as safe as a bank FD or even a debt fund. But it is safer than midcap or small cap stocks as it invests in top 50 large-cap companies in India.

Is Goldbees same as gold?

Cost in transacting in Gold BeES Investors can trade in 1 unit of Gold BeES which is equivalent to 1 gm of gold.

What is niftybees fund?

The fund constitutes of all the Nifty 50 stocks. Similar to NIFTY 50 Index, so NIFTY BEES are also based on the performance of Nifty 50 stocks, Same ETF is available with Reliance, Edelweiss, Kotak and by other funds also, NIFTY BEES, check my Bio for more info. For more detail strategy which i follows on NiftyBees, you can refer this video.

How do I do a sip in NIFTY bees ETF?

To do a SIP in it, some broker offer an in built facility to create a stock SIP wherein one can select the stock or scrip in this case it would be the Nifty Bees ETF. Than one must select either the amount of units that one wants to buy at the day of SIP or the fix amount which they want to invest per month.

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Which brokers offer Demat trading in NIFTY bees?

Some of the brokers which offer this facility i know of are Sharekhan and MotilalOswal. As many folks have already advised that Nifty Bees is an ETF reflecting benchmark Nifty 50 Index. To buy an ETF one must have a Demat and trading account with any share broker.

What is a bees mutual fund?

Nifty BeES (Benchmark Exchange Traded Scheme) is a mutual fund that invests in Nifty stocks only in the ratio in which the index is constituted. It trades like a share on the stock exchanges and is roughly 1/10th of the actual Nifty index.