 |
With effect from 14th July 2011, both Benchmark Asset Management Company Private Limited (BAMC)
and Benchmark Trustee Company Private Limited (BTC) are a part of the Goldman Sachs group. Goldman Sachs is
a leading global investment banking, securities and investment management firm that provides a wide range of services
worldwide to a substantial and diversified client base that includes corporations, financial institutions,
governments and high-net-worth individuals. Founded in 1869, Goldman Sachs is one of the oldest and largest
investment banking firms. The entire share capital of BAMC is held by Goldman Sachs Asset Management (India)
Private Limited (the asset management company of Goldman Sachs Mutual Fund) and another Goldman Sachs group
company, whereas the entire share capital of BTC is held by Goldman Sachs Trustee Company (India) Private Limited
(the trustee company of Goldman Sachs Mutual Fund) and another Goldman Sachs group company.
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
GS Nifty BeES
|
|
|
|
|
|
|
|
|
Overview
|
|
Objectives
|
|
The Investment objective of GS Nifty BeES is to provide investment returns that, before
expenses, closely correspond to the total returns of securities as represented by
the S&P CNX Nifty Index.
|
|
About GS Nifty BeES
|
|
One Unit of GS Nifty BeES is approximately 1/10th of the S&P CNX Nifty Index.
|
|
|
GS Nifty BeES is listed and traded on the NSE -Capital Market
|
|
|
Segment and is settled in the Rolling Segment on T+2 basis.
|
|
|
GS Nifty BeES can be settled only in electronic (demat) form
|
|
|
|
|
Type of Fund
|
Open Ended Exchange Traded Index Fund
|
|
Investment
|
Invests in underlying securities of S&P CNX Nifty Index
|
|
Country of Investment
|
India
|
|
Taxation Treatment
|
Equity
|
|
Managers
|
Goldman Sachs Asset Management (India) Private Limited
|
|
Fund Manager
|
Vishal Jain
|
|
Benchmark Index
|
S&P CNX Nifty Index
|
|
Exchange Listed
|
National Stock Exchange
|
|
Fund Inception Date
|
December 28, 2001
|
|
Listing Date
|
January 08,2002
|
|
NSE Symbol
|
NiftyBEES
|
|
BSE Code
|
590103
|
|
Pricing (Per Unit)
|
1/10th of Index
|
|
Minimum Lot (Exchange)
|
One unit/share
|
|
Minimum Lot (Directly with Fund as per Creation Unit)
|
10000
|
|
Expense Ratio
|
0.50% annualised
|
|
Entry / Exit Load
|
Nil
|
|
ISIN
|
INF732E01011
|
|
Reuters Code
|
NBES.NS
|
|
Reuters Intra-day Indicative NAV
|
BEES01
|
|
Bloomberg Code
|
NBEES IN Equity
|
|
Bloomberg Intra-day Indicative NAV
|
BMFI
|
|
|
|
Values as on : 05/17/13 3:38:06 PM
|
|
|
|