| XNSE Exchange | India Country |
Nippon India Mutual Fund - Nippon India ETF Nifty 50 Value 20 is a distinctive exchange traded fund (ETF) that commenced on June 11, 2015, and has its foundations in India. This financial instrument is an initiative of Reliance Capital Limited and is actively managed by Reliance Capital Asset Management Limited. The primary objective of this ETF is to engage in the vibrant public equity markets of India by concentrating on investing in value stocks of large-cap companies diversely spread across various sectors. By aiming to mirror the NV20 Index through strategic investments in stocks according to their index weightings, this fund endeavors to blend the growth potential of India's large-cap stocks with the principles of value investing. It operates under the legal structure of India, signifying its compliance and alignment with the country's regulatory frameworks and investment landscapes.
The Nippon India Mutual Fund - Nippon India ETF Nifty 50 Value 20 portfolio comprises an array of select products and services designed to cater to the varied needs and preferences of investors who are inclined towards value investing in the Indian equity market:
This primary product of Nippon India is an ETF that targets the Nifty 50 Value 20 index. The chosen index is reflective of the performance of 20 fundamentally strong large-cap stocks listed on the Nifty, selected based on their 'value' characteristics. By replicating the composition and performance of the NV20 Index, the ETF allows investors to gain diversified exposure to high-value stocks in India's large-cap segment, effectively spreading out the investment risk while providing the potential for significant returns through value appreciation.