Investment

This query is : Resolved

Narendra (Querist)
Follow

04 April 2009 Sir,

If I do not want to invest in any single share and not in any mutual fund.

I have heared about some nifty based investment i.e if nifty increases your investment increases and vice versa.

If there is anything like it pls expain to me.

CA. Pradeep Jhawar

CA. Pradeep Jhawar (Expert)
Follow

01 May 2009 Hi Narendra,
You have heard correct. Nifty Bees will serve your purpose. NiftyBees is Exchange Traded Fund (ETF). It is listed and traded in NSE. You can purchase it as u purchase shares. It is proxy of nifty and return is directly correlated to Nifty.

If you want to know more kidly revert.

Message likes : 1 times