Nippon India ETF

What Nippon India ETF does

Nippon India ETF is the exchange-traded fund product line of Nippon Life India Asset Management Limited (formerly Reliance Life Asset Management Limited), a subsidiary of Japanese financial conglomerate Nippon Life Insurance Company. The suite comprises 24+ ETF schemes listed on the National Stock Exchange of India (NSE) and the Bombay Stock Exchange (BSE), serving both retail and institutional investors. The franchise pioneered the domestic ETF category in 2001 with the launch of Nifty 50 BeES — India's first ETF — and has subsequently introduced category-first products including the country's first Gold ETF (Gold BeES), first International ETF (Hang Seng BeES), first Money Market ETF, and first CPSE ETF (2014). Portfolio breadth spans broad equity index ETFs, sectoral/thematic ETFs (Auto, Pharma, Manufacturing), commodity ETFs (Gold, Silver), and international single-country exposure (Hang Seng).

Name

Nippon India ETF

Legal name

Nippon Life India Asset Management Limited

Website

https://etf.nipponindiaim.com

Company type

Private

Founded year

2001

Operating status

Operating

Headcount range

11–50 employees

Short description

Nippon India ETF offers 24+ exchange-traded fund schemes listed on the NSE and BSE under Nippon Life India Asset Management Limited, providing passive equity, commodity, sector, and international index exposure to retail and institutional investors across India.

Ownership category

akta.pro rank

Product category

Exchange-Traded Funds

NAICS

Open-End Investment Funds (525910)

SIC

Investment Advice (6282)

akta.pro primary industry

Broad Market Equity ETFs (FSAAAFAA)

akta.pro secondary industries

Sector & Industry Equity ETFs (FSAAAFAC), Fixed Income ETFs (Government, Corporate, Munis, TIPS) (FSAAAFAD), Real Assets & Infrastructure ETFs (REITs, Infrastructure, Natural Resources) (FSAAAFAH)

Keywords

• Exchange traded funds
• Passive index investing
• Equity ETF schemes
• Commodity ETF products
• Debt ETF offerings

Headquarters

HQ city

Mumbai

HQ country

India

HQ region

Asia

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Operations, Personnel, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Management Fees / Expense Ratio: ETFs charge a Total Expense Ratio (TER) which is deducted from the scheme's assets. The expense ratio varies by scheme, ranging from 0.02% to 0.80% for equity ETFs, with commodity ETFs like Gold BeES and Silver BeES having higher ratios around 0.39-0.80%. This is the primary revenue stream calculated as a percentage of AUM.
2. Brokerage and Trading Costs: While not direct revenue to the fund, brokerage commissions and trading spreads generate ecosystem revenue. The fund benefits from increased trading volumes that enhance liquidity and market presence.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels5 records

Core offering

Nippon India ETF manages 24+ exchange-traded fund schemes listed on NSE and BSE, covering equity, debt, commodity (gold and silver), and international (Hang Seng) asset classes. The funds passively track underlying indices, providing investors with diversified, low-cost market exposure that can be bought and sold throughout the trading day like stocks. Nippon India ETF pioneered ETF investing in India with the launch of Nifty 50 BeES in 2001 and has since introduced India's first Gold ETF, first Money Market ETF, and first CPSE ETF.

Product overview

Nippon India ETF is a comprehensive suite of Exchange Traded Funds managed by Nippon Life India Asset Management Limited. The product portfolio consists of 28+ distinct ETF products across three primary asset classes: Equity ETFs (including broad market indices like Nifty 50 and Sensex, sector-specific ETFs like Bank, IT, Pharma, Auto, Infrastructure, PSU Bank, and thematic ETFs like Consumption and Manufacturing), Debt ETFs (including liquid funds, G-Sec funds with various maturities, and State Development Loan funds), and Commodity ETFs (Gold BeES and Silver ETF). The company pioneered ETFs in India with the launch of Nifty 50 BeES in 2001 and continues to offer innovative products including the first International ETF (Hang Seng BeES), first Gold ETF (Gold BeES), and first Money Market ETF (Liquid BeES). All ETFs trade on NSE and BSE with real-time pricing and support both exchange-based trading and direct creation/redemption with the fund.

Differentiator

Problem solved

Functional benefit

Products and services

• Nippon India ETF Nifty 50 BeES Open-ended index scheme tracking the Nifty 50 Index, providing exposure to India's top 50 large-cap stocks. Designed for retail and institutional investors seeking diversified large-cap equity exposure.
• Nippon India ETF BSE Sensex Open-ended ETF tracking the S&P BSE Sensex Index, providing exposure to India's 30 benchmark stocks for investors seeking broad large-cap Indian equity exposure.
• Nippon India ETF Nifty Next 50 Junior BeES Open-ended index ETF tracking the Nifty Next 50 Index, providing exposure to mid-cap companies positioned next to the top 50, suitable for investors seeking growth beyond large-caps.
• Nippon India ETF Nifty 100 Open-ended index ETF tracking the Nifty 100 Index, providing exposure to India's top 100 companies for investors seeking broader large- and mid-cap equity exposure.
• Nippon India ETF Nifty Bank BeES Open-ended ETF tracking the Nifty Bank Index, providing concentrated exposure to India's leading banking sector stocks for investors targeting the financial sector.
• Nippon India ETF Nifty PSU Bank BeES Open-ended ETF tracking the Nifty PSU Bank Index, focusing on India's public sector banks for investors seeking exposure to government-owned banking institutions.
• CPSE ETF Open-ended ETF tracking the Nifty CPSE Index, designed to aid Government of India disinvestment of Central Public Sector Enterprises and provide exposure to government-owned companies.
• Nippon India ETF Nifty India Consumption Open-ended ETF tracking the Nifty India Consumption Index, providing exposure to domestic consumption-driven companies for thematic investors.
• Nippon India ETF Nifty Infrastructure BeES Open-ended ETF tracking the Nifty Infrastructure Index, focusing on India's infrastructure sector companies for investors targeting the infrastructure theme.
• Nippon India ETF Nifty 50 Shariah BeES Shariah-compliant ETF tracking the Nifty50 Shariah Index, providing a halal investment opportunity in Indian equities for faith-based investors.
• Nippon India ETF Nifty Dividend Opportunities 50 Open-ended ETF tracking the Nifty Dividend Opportunities 50 Index, focusing on high-dividend-yielding stocks for income-oriented investors.
• Nippon India ETF Nifty 50 Value 20 Open-ended ETF tracking the Nifty 50 Value 20 Index, focusing on value-oriented stocks from the Nifty 50 universe for value investors.
• Nippon India ETF Hang Seng BeES Open-ended international ETF tracking the Hang Seng Index, providing exposure to Hong Kong's benchmark companies for investors seeking international equity diversification.
• Nippon India ETF Gold BeES Gold ETF investing in physical gold of 99.5% purity, tracking domestic gold prices, for investors seeking commodity exposure and inflation hedge.
• Nippon India Silver ETF Silver ETF investing in physical silver and/or Exchange Traded Commodity Derivatives, tracking domestic silver prices for commodity exposure.
• Nippon India ETF Nifty 1D Rate Liquid BeES Liquid ETF investing in Tri-Party Repo on G-Sec or T-bills/Repo and Reverse Repo, providing daily dividend with high liquidity for cash management.
• Nippon India ETF Nifty 8-13 yr G-Sec Long Term Gilt G-Sec ETF tracking the Nifty 8-13 yr G-Sec Index, investing in government securities with longer duration for fixed income investors.
• Nippon India ETF Nifty SDL Apr 2026 Top 20 Equal Weight Target Maturity SDL Fund investing in State Development Loans, maturing in April 2026, for investors seeking defined-maturity fixed income exposure.
• Nippon India ETF Nifty 5 yr Benchmark G-Sec G-Sec ETF tracking the Nifty 5 yr Benchmark G-Sec Index, investing in government securities with 5-year duration for medium-term fixed income investors.
• Nippon India ETF Nifty Midcap 150 Open-ended ETF tracking the Nifty Midcap 150 Index, providing exposure to mid-cap companies in India for growth-oriented investors.
• Nippon India ETF BSE Sensex Next 50 Open-ended ETF tracking the S&P BSE SENSEX Next 50 Index, providing exposure to companies ranked 31-80 by market capitalization.
• Nippon India ETF Nifty IT Open-ended ETF tracking the NIFTY IT Index, providing concentrated exposure to India's information technology sector for sector-specific investors.
• Nippon India Nifty Pharma ETF Open-ended ETF tracking the Nifty Pharma Index, providing exposure to India's pharmaceutical sector companies.
• Nippon India Nifty Auto ETF Open-ended ETF tracking the NIFTY Auto Index, providing exposure to India's automobile and auto components sector.
• Nippon India BSE Sensex Next 30 ETF Open-ended ETF tracking the BSE Sensex Next 30 Index, providing exposure to the next tier of large-cap companies beyond the top 30 Sensex constituents.
• Retirement Calculator Online interactive calculator tool for retirement planning that helps investors estimate required retirement corpus and savings needs based on inputs such as current age, retirement age, expenses, and inflation.

Quantifiable outcome

• Lower expense ratios translate to higher net returns for investors over long term
• +1 more outcomes

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Five partnerships are on record, tiered core.

• NSE (National Stock Exchange)coreOthersPrimary exchange for listing and trading Nippon India ETFs. Provides real-time price discovery, settlement infrastructure, and market access for investors.
• BSE (Bombay Stock Exchange)coreOthersSecondary exchange for ETF listings, providing additional trading venue and liquidity for Nippon India ETF products.
• NSE Indices (Nifty Index Provider)coreTechnology or IntegrationProvides index methodology and calculation for majority of Nippon India ETFs including Nifty 50, Nifty Bank, Nifty Next 50, and sector-specific indices.
• BSE Ltd (S&P BSE Index)coreTechnology or IntegrationProvides index methodology for BSE Sensex and BSE Sensex Next 50 ETFs tracking Indian market benchmarks.
• Hang Seng Data Services LimitedcoreTechnology or IntegrationProvides Hang Seng Index data and methodology for Nippon India ETF Hang Seng BeES, providing international market exposure to Hong Kong equities.

Scale indicators10 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• Kotak Mahindra AMC: Indian AMC with a growing ETF portfolio across equity and debt indices. Direct competitor to Nippon on Nifty/Bank/PSU Bank ETFs and increasingly on thematic and debt products.
• Aditya Birla Sun Life AMC: Indian AMC offering equity, debt, and gold ETFs that directly overlap with Nippon India's product set, competing on expense ratios and institutional distribution.
• Axis AMC: Indian AMC with a diversified ETF offering across equity index and sector products. Competes with Nippon India ETFs on Nifty-based and sectoral products.
• SBI Mutual Fund: Government-affiliated Indian AMC operating one of the largest ETF suites, including BHARAT 22 ETF. Directly competes with Nippon across broad-market, sector, CPSE, and debt ETFs, leveraging its public-sector parent for institutional mandates.
• UTI AMC: Established Indian AMC with broad ETF offerings across equity, debt, and gold. Competes directly with Nippon in Nifty/Sensex index ETFs and sector-specific products.
• HDFC AMC (HDFC Mutual Fund): One of India's largest AMCs offering a broad range of ETFs tracking Nifty, Sensex, sector, and thematic indices. Direct competitor across virtually every Nippon India ETF category, competing head-to-head on expense ratio, AUM, and distribution.
• ICICI Prudential AMC: Major Indian AMC with a sizeable ETF franchise spanning equity, debt, and gold ETFs. Competes directly with Nippon India ETFs on Nifty/Sensex index products and on sector/thematic schemes.

Emerging players

• Motilal Oswal AMC: India-focused AMC with an ETF-heavy product strategy emphasising Nifty, Next 50, Midcap, and Nasdaq 100 ETFs. Overlaps with Nippon on domestic index ETFs and competes on thematic/active ETF variants.

Broad incumbents

• BlackRock (iShares): Global ETF leader and the dominant index ETF franchise worldwide. Relevant as a global benchmark and potential threat in the international-ETF segment (e.g., Nasdaq, Hang Seng, S&P 500 exposure) where Indian investors seek offshore beta.
• Vanguard: Global low-cost passive-investing leader that has driven industry-wide fee compression. Relevant as a global benchmark for ETF cost discipline and long-term thematic risk if Vanguard ever deepens India distribution.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/NipponIndiaMF
• Facebookfacebook.com/NipponIndiaMF
• LinkedInlinkedin.com/company/nippon-india-etf

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Nippon India ETF