Nippon India ETF Nifty 8-13 (LTGILTBEES)

Overview

Nippon India ETF Nifty 8-13 yr G-Sec Long Term Gilt is an innovative financial instrument offered by Nippon India Mutual Fund, initially launched by Reliance Capital Ltd. This exchange-traded fund (ETF) represents a strategic investment vehicle, meticulously managed by Reliance Nippon Life Asset Management Limited, one of the leading asset management companies in India. Distinguished by its focus on the fixed income segment of the Indian financial market, this fund primarily aims at investing in government securities that have a maturity period ranging from 8 to 13 years. Through these investments, the fund endeavors to closely mirror the performance of the NIFTY 8-13 yr G-Sec Index by aligning its portfolio with the index’s constituent securities according to their weightings. This ETF was established on June 27, 2016, and operates from its domicile in India. The product was known in its earlier iterations as the Nippon India ETF Long Term Gilt, marking its evolution in name alongside its strategic focus within the long-term government securities spectrum.

Products and Services

• Nippon India ETF Nifty 8-13 yr G-Sec Long Term Gilt

  This product represents a focused investment opportunity in India’s fixed income market, particularly targeting government bonds with maturity lengths between 8 and 13 years. The investment objective is to replicate the performance of the NIFTY 8-13 yr G-Sec Index. This index acts as a benchmark, reflecting the movements and returns of the segment of government securities within its specified maturity band. By maintaining a portfolio composition that is similar to the index, the ETF provides investors with a transparent and efficient means to gain exposure to long-term government bonds, which are considered a staple of conservative and strategic fixed income investing in India. The attraction of this ETF lies in its potential to offer both capital security and a steady income return pattern, aligning with the underlying risk and return characteristics of Indian government securities.