WHAT ARE NIFTY BEES?

You might have heard investors and traders of the Stock Market around you talking about Nifty Bees, often. And you might have wondered, “What? Bees?” If this is you, head on with this article to know exactly what they have been talking about!

“Nifty BeEs” stands for “Nifty Benchmark Exchange traded Scheme”. They are a kind of ETF (Exchange Traded Funds).

Simply put, Nifty BeEs are nothing different from equity. They can be bought and sold just like any other share in the Stock Market, at the price at which it is currently being traded. A share gets its value on the basis of the Company and Nifty BeEs get their value from the Nifty Index of India. It reflects the value of Nifty. IF Nifty falls, Nifty BeEs will also fall, and vice-versa. Nifty BeEs are exclusively traded on the National Stock Exchange of India (NSE).

The best part about investing in Nifty BeEs is that when you buy one Nifty BeEs, you are essentially buying a stake in the Top 50 Nifty Stocks of India. Nifty BeEs is a collection of stocks and Mutual Funds. It is the safest and cheapest way to grow money. You get exposure to variety and the best of stocks, without going through the struggle of finding the most profitable stocks to invest in.

For example:

If you buy Nifty BeEs worth Rs. 500/-, you are essentially buying a stake in the top 50 Companies of India, as per the Nifty Index, which proportionately amounts to Rs. 500/-.

Want to know more such interesting stuff? We, at Stakeindia regularly come up with such blogs every few days, such that even the most complicated terms can be understood simply by you. Stakeindia is the best stock market teaching Institute in Nashik, Maharashtra with a teaching experience of over 9 years.

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