NIP IND ETF SHARIAH BEES

Nippon India ETF Nifty 50 Shariah BeES is an open-ended exchange traded fund (ETF) that seeks to track and replicate the performance of the Nifty 50 Shariah Index, subject to tracking error. Sponsored and managed by Nippon Life India Asset Management Limited, one of India's leading asset management companies, the fund offers investors exposure to a screened portfolio of large-cap Indian equities that adhere to Shariah principles as determined by Islamic scholars and indices methodology. The ETF is designed for investors who seek Shariah-compliant investment opportunities with the convenience and liquidity of exchange trading.

The fund’s units are listed and actively traded on the National Stock Exchange (NSE) under the symbol SHARIABEES, allowing real-time buying and selling. With the underlying Nifty 50 Shariah Index comprising a diversified basket of top Indian companies filtered based on stringent Shariah compliance criteria, the ETF caters to the growing demand for ethical and faith-based investing in India’s capital markets.