Sir What is Nifty Bees? How it is traded? If I want to invest in Nifty Bees what are the areas that I have to research and how to invest? And how to know whether it is the proper time to put money into Nifty Bees? Now Nifty Bees is trading at 171.90.
And what 171.90 indicates in unit terms?
Please elaborate it in detail
Nifty bees is an ETF..
It is 100th part of nifty.
If you are bullish on the Market then you can buy it.
Hi,
So let’s first understand what is Bees, it stands for Benchmark Exchange traded schemes.
Wherein schemes would different themes like nifty, bank nifty etc.
This is nthg but ETF, nifty bees is index ETF, there is no research required as u r investing in index n similar to mutual fund u should be buy it every month for longer horizon.
One unit of nifty bees is 1/100 th part of nifty (I,e. 16000/100) to make it accessible to the retail investor it is broken into small parts