Investment Objective of Nippon India ETF Nifty 1D Rate Liquid BeES :
The investment objective of Nippon India ETF Liquid BeES is to seek to provide current income, commensurate with low risk while providing a high level of liquidity through a portfolio of Tri-Party Repo on Government Securities or T-bills / Repo & Reverse Repo. The Scheme will providereturns that before expenses, closely correspond to the returns of Nifty 1D Rate index.There can be no assurance or guarantee that the investment objective of the Scheme will be achieved.