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Reliance ETF Bank BeES

An Open Ended Index Exchange Traded Scheme

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This product is suitable for investors who are seeking*:

  • long-term capital appreciation.
  • investment in securities covered by Nifty Bank Index.

*Investors should consult their financial advisers if in doubt about whether the product is suitable for them

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  • Investment Objective:
    The investment objective of Reliance ETF Bank BeES is to provide returns that, before expenses, closely correspond to the total returns of the Securities as represented by the Nifty Bank Index.

Fund PerformanceDIVIDEND PLAN

  • Latest NAV (22 May 2019)3105.0884


NAV as on April 30, 2019: ` 3027.9177

Performance of Reliance ETF Bank BeES as on 30/04/2019
Particulars1 Year CAGR %3 Year CAGR %5 Year CAGR %Since Inception
Reliance ETF Bank BeES16.9021.4618.76 18.88
B: Nifty Bank TRI17.0521.8119.13 19.39
AB: Nifty 50 TRI10.8415.9113.32 15.84
Value of `10000 Invested
Reliance ETF Bank BeES 11,690 17,926 23,638 1,32,377
B: Nifty Bank TRI 11,705 18,085 24,002 1,41,134
AB: Nifty 50 TRI 11,084 15,580 18,693 89,869
Inception Date: May 27, 2004
​​​B - Benchmark    |   AB - Additional Benchmark    |  TRI: Total Return Index
Fund Manager: Vishal Jain (Since Nov 6, 2018)​
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​​PERFORMANCE OF OTHER OPEN ENDED SCHEMES MANAGED BY FUND MANAGER: Vishal Jain​

Scheme Name/sCAGR %
1 Year Return 3 Years Return5 Years Return
Scheme Benchmark Scheme Benchmark Scheme Benchmark
Reliance ETF Junior BeES-8.63-8.3913.6914.4915.9616.88
​CPSE ETF-1.11-0.8910.7911.016.916.98
Reliance ETF Nifty BeES10.8110.8415.6915.9113.1113.32
​​ ​​​​ ​

Note:

a..Mr. Vishal Jain manages 4 open-ended schemes of Reliance Mutual Fund.

b. In case the number of schemes managed by a fund manager is more than six, in the performance data of other schemes, the top 3 and bottom 3 schemes managed by fund manager has been provided herein are on the basis of 1 Year CAGR returns

c. Period for which scheme’s performance has been provided is computed basis last day of the month-end preceding the date of advertisement.

d. Different plans shall have a different expense structure. The Scheme does not offer any Plans/Options. The performance details are provided at Scheme level using Dividend Reinvestment NAV's.

TRI - Total Returns Index reflects the returns on the index arising from (a) constituent stock price movements and (b) dividend receipts from constituent index stocks, thereby showing a true picture of returns.

The performance of the equity scheme is benchmarked to the Total Return variant of the Index.

#The performance details provided herein are of Growth Plan (Regular Plan)

*The Scheme does not offer any Plans/Options. The performance details are provided at Scheme level using Dividend Reinvestment NAV's.

Mr. Vishal Jain has been managing Reliance ETF Junior BeES since Nov 2018, CPSE ETF since Nov 2018, Reliance ETF Bank BeES since Nov 2018, Reliance ETF Nifty BeES since Nov 2018

​Past performance may or may not be sustained in future and the same may not necessarily provide the basis for comparison with other Investment. Dividends (if any) are assumed to be reinvested at the prevailing NAV. In case of LIQUIDBEES, returns are based on gross dividend per unit declared by the Fund. Bonus (if any) declared has been adjusted. Performance of dividend option would be Net of Dividend distribution tax, if any. Face value of scheme is `10/- per unit. Face Value of Reliance Low Duration Fund is `1000/- per unit. Face Value of Reliance Money Market Fund, Reliance Liquid Fund, Reliance Ultra Short Duration Fund is `1000/- per unit w.e.f 5th Aug 2012. Face value of Reliance ETF Junior BeES is `1.25/- per unit. Face value of Reliance ETF Liquid BeES is `1000/- per unit. Face value of Reliance ETF Gold BeES is `100/- per unit. Face value of Reliance Overnight Fund is `100/- per unit. In case, the start/end date of the concerned period is non-business day (NBD), the NAV of the previous date is considered for computation of returns. Schemes which have not completed one year, performance details for the same are not provided. Performance details of closed ended schemes are not provided since these are not comparable with other schemes.​​​​The Scheme does not offer any Plans/Options. The performance details are provided at Scheme level using Dividend Reinvestment NAV's.

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Fund Details

  • Inception Date27 May 2004
  • Fund ManagerVishal Jain
Current Investment Philosophy
    • > The Scheme employs a passive investment approach designed to track the performance of Nifty Bank Index.
    • The Scheme seeks to achieve this goal by investing in securities constituting the Nifty Bank Index in same proportion as in the Index.
Minimum Investment

    Through Stock Exchange - 1 Unit & in multiples thereof.
    Directly with the Mutual fund - in creation unit size viz. 1000 units & in multiples thereof.

Fund Manager
Load Details

Entry Load*

Not Applicable

*In terms of SEBI circular no. SEBI/IMD/CIR No.4/ 168230/09 dated June 30, 2009, no entry load will be charged by the Scheme to the investor effective August 1, 2009. Upfront commission shall be paid directly by the investor to the AMFI registered Distributors based on the investors' assessment of various factors including the service rendered by the distributor.

Exit Load:**

NIL

**If charged, the same shall be credited to the scheme immediately net of Goods & Service tax, if any.

Product label

This product is suitable for investors who are seeking*:

  • long-term capital appreciation.
  • investment in securities covered by Nifty Bank Index.

*Investors should consult their financial advisers if in doubt about whether the product is suitable for them



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Details as on Apr 30 , 2019

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