Exchange-traded funds (ETFs) are generally index-based funds that allow investors to buy or sell exposures to an index through a single financial instrument. ETF units are created and redeemed in-kind, rather than in-cash (as in the case of a unit trust fund). The in-kind creation and redemption...

Nifty BeES is the first Exchange Traded Funds in the Indian Capital Market and its daily returns are compared to benchmark returns. The Researcher found out that Nifty BeES basically overperformd their benchmark while they endorsed their investors with lesser risk than the standard deviation of...