The Nippon India ETF Nifty 50 Shariah BeES, trading under the ticker IN:SHARIABEES, is a unique investment vehicle designed for those seeking to align their financial goals with ethical investment principles. This exchange-traded fund (ETF) is strategically focused on large-cap stocks, providing investors with exposure to a selection of India's top-performing companies within the Nifty 50 index. What sets this ETF apart is its adherence to Shariah law, which ensures that all investments are compliant with Islamic ethical guidelines.
As a broad-based, large-cap fund, the Nippon India ETF Nifty 50 Shariah BeES offers a niche investment opportunity for those interested in socially responsible investing while simultaneously tapping into the robust growth potential of India's leading corporations. The fund's strategic selection process ensures that it not only meets ethical standards but also maintains a diversified and balanced portfolio, aiming to deliver competitive returns for its investors.
This ETF is particularly appealing to investors who prioritize ethical considerations alongside financial performance, offering a harmonious blend of value-driven investment and adherence to religious principles. With the robust backing of Nippon India, this ETF emerges as a compelling choice for those looking to invest in India's thriving market with a conscience-driven approach.
Nippon India ETF Nifty 50 Shariah BeES (SHARIABEES) Fund Flow Chart
Nippon India ETF Nifty 50 Shariah BeES (SHARIABEES) 1 year Net Flows: 0
SHARIABEES ETF FAQ
What was IN:SHARIABEES’s price range in the past 12 months?
IN:SHARIABEES lowest ETF price was 457.56 and its highest was 610.95 in the past 12 months.
What is the AUM of IN:SHARIABEES?
As of Jan 17, 2024 The AUM of IN:SHARIABEES is 155.88M.
Is IN:SHARIABEES overvalued?
Not enough analysts have published a price target to calculate whether the price is overvalued.
Does IN:SHARIABEES pay dividends?
IN:SHARIABEES does not currently pay dividends.
How many shares outstanding does IN:SHARIABEES have?
Currently, no data Available
Which hedge fund is a major shareholder of IN:SHARIABEES?
Currently, no hedge funds are holding shares in IN:SHARIABEES