Index Traded Funds – Nifty Junior BeES

Index Traded Funds – Nifty Junior BeES–In the last few post we have seen how Exchange Traded Funds are very good tool to invest in stock market with relatively lesser risk than picking individual stocks and ease of trading it like stocks on stock exchanges. ETF are extremely good for short term because if market rises than then they too will appreciate accordingly.In the past we have gone through Nifty BeES, today we will look into Nifty Junior Benchmark Exchange Traded Fund.

Index Traded Funds – Nifty Junior BeES is one of the best Exchange traded funds available in Indian market. It was launched on February  14, 2003. It is a open ended ETF with 0.00 per cent Entry and Exit load. Though your broker will charge some amount as brokerage and other related charges for their services. Please check with them for details on charges.It comes from Benchmark Mutual Fund house.

Index Traded Funds – Nifty Junior BeES  has consistently given excellent returns since its inception.

Returns (as on Apr 15, 11)
Period      Returns (%)    Rank #
1 mth       7.9                   3
3 mths     3.4                   6
6 mths    -10.7                 40
01 year     6.9                  35
2 year       50.5                5
3 year       11.0                5
5 year       11.9                5
# Moneycontrol Rank within 44 Equity Index Schemes* Returns over 1 year are Annualised

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