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Investment Banking & Investment Services
Financial
ETF
Nippon Mutual Funds - Nippon India ETF Nifty PSU Bank BeES is an exchange traded fund launched by Goldman Sachs Asset Management L. P. The fund is managed by Goldman Sachs Asset Management (India) Private Limited. It invests in the public equity markets of India. The fund seeks to invest in the stocks of companies operating in the banking sector, including public sector undertaking banks. It invests in the stocks of companies across all market capitalizations. The fund seeks to replicate the performance of the CNX PSU Bank Index, by investing in the stocks of companies as per their weightings in the index. It was formerly known as Nippon Mutual Funds - Nippon ETF PSU Bank BeES. Nippon Mutual Funds - Nippon India ETF Nifty PSU Bank BeES was formed on October 25, 2007 and is domiciled in India.
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