The scheme aims to generate returns that are commensurate with the performance of the Nifty Bank Index subject to tracking error, by investing at least 90% of its total assets in the stocks of the underlying index.
Returns Calculator for
Nippon India ETF Nifty Bank BeES
Rolling returns are the annualized
returns of the scheme taken for a specified period (rolling
returns period) on every day/week/month and taken till the
last day of the duration. In this chart we are showing the
annualized returns over the rolling returns period on every
day from the start date and comparing it with the benchmark.
Rolling returns is the best measure of a fund's performance.
Trailing returns have a recency bias and point to point
returns are specific to the period in consideration. Rolling
returns, on the other hand, measures the fund's absolute and
relative performance across all timescales, without bias.
Key
Performance and Risk Statistics of
Nippon India ETF Nifty Bank BeES