Nifty BeEs is a simple, economical, liquid, convenient, a share like fund introduced to take advantage of the NIFTY growth (i.e. indian market growth).
It is priced 1/10th of the Nifty Index points. If the Nifty is floating at 5,576 points, you can easily determine the value of a single "NIFTYBEES" by dividing the index points by 10 (i.e. Rs. 557.6/-)
The following chart shows the growth of NIFTY in its life time:
Chart View - http://www.google.com//finance?chdnp=1&chdd=1&chds=1&chdv=1&chvs=Linear&chdeh=0&chfdeh=0&chdet=1310724000000&chddm=1079942&chls=IntervalBasedLine&q=NSE:NIFTY&ntsp=0
About NIFTYBEES:
| ISIN code | INF732E01011 |
| NSE symbol | NIFTYBEES |
| Series | EQ |
| Reuters code | NBES.NS |
| Face value |  10/- |
Advantages:
- India markets are predicted to be bullish in long term, at least for next 10-15 years.
- Unlike China, India is a consumer driven economy and it is depending on its export.
- The quality of Education is getting better in India and it is more likely to bring more talents to the industry in next 15 years.
- A growth in one sector in India will bring boom in some of its other peer sectors. Infrastructure and Power will be getting better in less than next 10 years.
There are other types of ETFS also available and they are:
- Gold Bees - http://www.google.com/finance?q=NSE%3AGOLDBEES
- Liquid Bees - http://www.google.com/finance?q=NSE%3ALIQUIDBEES
More of Nifty BeEs:
- http://www.nseindia.com/content/products/prod_niftybees.htm
- http://www.hdfcsec.com/research/ResearchDetails.aspx?report_id=2974721
- http://www.hsbcinvestdirect.co.in/helpcenter/ETF.jsp
Disclaimer: The article is written with knowledge of the author and with his experience. He may or may not hold the suggested stock. Please be advised that you are the best judge for your all your investments.
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