NRI from all over the world (excluding U.S.A. & Canada) can invest in this fund
SBNRI is a certified Mutual Fund distributor registered with Association of Mutual Funds in India (AMFI) with Reg. No. 246671
₹109.35
0.29%
NAV as on 24 Feb 26, 12:00 AM
risk
etf units
equity
NAV as on 24 Feb 26, 12:00 AM
risk
etf units
equity
65.25%p.a.
Last 1Y
39.71%p.a.
Last 3Y
32.38%p.a.
Last 5Y
8.16%p.a.
Since Inception
About Nippon India ETF Nifty PSU Bank BeES for NRIs
NRIs can achieve long-term capital appreciation by investing in the Nippon India ETF Nifty PSU Bank BeES scheme from Nippon Life India Asset Management Limited. It is a ETF Units mutual fund scheme that predominantly invests in ETF Units stocks of companies. Launched on Oct 2007, Nippon India ETF Nifty PSU Bank BeES is ETF Units fund of its category with 4,283.54 Cr fund under management as on Feb 2026. The expense ratio of this fund is less than that of most other Fund category ETF Units funds.
- Nippon India ETF Nifty PSU Bank BeES delivered 65.3% annual returns during the last year. It has delivered 8.2% average annual returns since the fund was launched.
- Nippon India ETF Nifty PSU Bank BeES scheme tends to consistently deliver higher returns than most schemes in the same category.
- The scheme has predominantly invested in equity
Fund Objective
To Provide Returns That, Before Expenses, Closely Correspond To The Total Returns Of The Securities As Represented By The Cnx Psu Bank Index. However, The Performance Of Scheme May Differ From That Of The Underlying Index Due To Tracking Error.
Top 10 Holdings
Repo
0.48%
Net Payables
-0.39%
Others Mrgn Money
0.00%
Bank Of Baroda
14.02%
Bank of India
5.03%
Bank of Maharashtra
3.35%
Canara Bank
12.54%
Central Bank of India
0.92%
Indian Bank
8.13%
Indian Overseas Bank
1.31%
Fund Managers
- Jitendra Tolani (Feb 2025 - Present)
Key Information
View Scheme Document
Nippon India ETF Nifty PSU Bank BeES SIP Calculator
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NRI Mutual Fund Tax on Nippon India ETF Nifty PSU Bank BeES
Just like for resident investors, capital gains from mutual fund investments are subject to income tax for NRI investors.
| Fund Type | Short-term Capital Gains (STCG) Tax | Long-term Capital Gains (LTCG) Tax |
|---|---|---|
| Equity mutual funds | 15% | 10% (above Rs. 1 lakh LTCG) without indexation* |
| Debt & other types of funds | At tax slab rate | 20% with indexation benefits |
How can NRIs invest in Nippon India ETF Nifty PSU Bank BeES?
NRIs and OCIs can download the SBNRI app to invest in mutual funds from the country of their residence. Here are a few simple steps you need to take:
- Complete your NRI KYC: Type in your personal details and attach supporting documents, like:
- PAN Number
- Overseas address proof: Any of – Water/electricity bill, postpaid mobile/internet bill, rent agreement, driving license, etc.
- Passport – front and back
- Passport size photograph
- signature
If all details are correct, your KYC will be approved within 7 to 8 business days.
- Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing in Nippon India ETF Nifty PSU Bank BeES
- Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing:
- City and country of birth
- NRE/NRO bank account statement/ canceled cheque for the latest 3 months
- Nominee details
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