GS Shariah BeES
- Overview
- Scheme Highlights
- Creation Unit
Scheme Highlights
| Type of Fund | Open ended index scheme, listed on the exchange in the form of an Exchange Traded Fund (ETF) |
| Investment Objective | The investment objective of GS PSU Bank BeES is to provide returns that, before expenses, closely correspond to the total returns of the securities as represented by the CNX PSU Bank Index. However, the performance of scheme may differ from that of the underlying index due to tracking error. |
| Country of Investment | India |
| Taxation Treatment | Equity |
| Managers | Goldman Sachs Asset Management (India) Private Limited |
| Fund Manager | Vishal Jain |
| Benchmark Index | CNX Shariah Nifty Index |
| Exchange Listed | National Stock Exchange |
| Fund Inception Date |
March 18, 2009 |
| Listing Date | April 1, 2009 |
| NSE Symbol | SHARIAHBEES |
| BSE Code | 590109 |
| Pricing (Per Unit) | 1/10th of Index |
| Minimum Lot (Exchange) | One unit/share |
| Minimum Lot (Directly with Fund as per Creation Unit) | 10,000 Units and in multiples thereof |
| Maximum Expense Ratio as mentioned in SID | 1.50% Annualized |
| Entry / Exit Load | Nil |
| ISIN | INF732E01128 |
| Reuters Code | SBET.NS |
| Reuters Intra-day Indicative NAV | BEES01 |
| Bloomberg Code | SBEES IN Equity |
| Bloomberg Intra-day Indicative NAV | BMFI |
Buying / Selling GS S&P Shariah BeES on the NSE
| Lot Size | 1 Unit and in multiples thereof |
| Price | Price available on NSE |
| Eligiblity | Any Investor |
| How? | Know the NSE ticker, call up your broker, place an order, receive units on T+2, "works just like any other share" |
Buying / Selling GS S&P Shariah BeES directly with fund
| Lot Size | 10000 Units and in multiples thereof |
| Price | In exchange for basket of S&P CNX Nifty Shariah Index securities and Cash defined as "Creation Unit" |
| Eligiblity | Authorised Participant / Large Institutions |
Please contact our customer service representatives for more information
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