InvestorQ : How are Nifty bees different from ETFs?
Isha Tharwani made post

How are Nifty bees different from ETFs?

Answer
image
ananya Sing answered.
11 months ago
Follow
Nifty BeEs is the short form of ‘Benchmark Exchange Traded Scheme’. It is an exchange-traded fund that aims to offer returns similar to the S&P CNX Nifty Index. They trade on the National Stock Exchange similar to any other share in the rolling settlement. Since it is an ETF, it is a combination of a mutual fund and a share (equity securities). Nifty Bee is a type of ETF. Another way to explain this is- All Nifty Bees are ETFs but all ETFs are not Nifty Bees.
9 Views