How to buy Junior BeES on Zerodha
Junior BeES (NSE symbol: JUNIORBEES) is the Nippon India ETF that tracks the Nifty Next 50 index, the 50 stocks ranked 51-100 by market cap on NSE. Provides exposure to large-mid-cap segment, often described as a “Nifty 50 in waiting” universe.
Conflict-of-interest disclosure. This guide is published by WebNotes Editorial Team for informational purposes. WebNotes has no commercial relationship with Zerodha or Nippon India MF.
Step-by-step procedure
Four steps per the procedure infobox. The notes below cover the index profile.
Nifty Next 50 universe
The index covers ranks 51-100 by market cap on NSE. Examples (subject to constituent revisions):
- Large IT services beyond TCS / Infosys.
- Public-sector banks (some not in Nifty 50).
- Specialty manufacturers, auto, FMCG mid-caps.
- Pharma names not in Nifty 50.
Many of these scrips graduate to Nifty 50 over multi-year cycles; conversely, some Nifty 50 constituents may drop to Next 50 on rebalancing.
Why this exposure
| Reason | Detail |
|---|---|
| Mid-large-cap exposure | Beyond top-50 concentration |
| Growth tilt | Often higher growth than Nifty 50 mean |
| Diversification | Adds to Nifty 50 portfolio |
| Index methodology | Same Index family (NSE Indices Ltd) |
vs Nifty Midcap 100
Nifty Next 50 = stocks 51-100. Nifty Midcap 100 has different methodology (mid-cap-specific universe). The two indices overlap but are not identical.
Tax treatment
Same as equity (and Nifty 50 ETFs):
- STCG: 15% under 12 months.
- LTCG: 10% above Rs 1.25 lakh threshold over 12 months.
Settlement
T+1.
See also
- How to buy a Nifty 50 ETF on Zerodha
- How to buy NiftyBeES on Zerodha
- How to buy Bank BeES on Zerodha
- How to buy GoldBeES on Zerodha
- How to buy LiquidBeES on Zerodha
- How to buy CPSE ETF on Zerodha
- How to buy Bharat Bond ETF on Zerodha
- How to buy Motilal Oswal Nasdaq 100 ETF on Zerodha
- How to buy MAFANG ETF on Zerodha
- How to add scrips to the Kite marketwatch
- How to use the marketwatch on Kite
- NIFTY Next 50
- Nifty 50
- ETF (India)
- Stock SIP (India)
- Minimum stock SIP amount on Kite
- Kite Holdings tab explained
- Capital gains tax (India)
- STT and STCG tax (India)
- Long-term capital gains (LTCG)
- Short-term capital gains (STCG)
- Settlement cycle changes 2025-26
- Instant settlement T+0 stocks list
- CNC product type
- Nippon India Mutual Fund
- How to search stocks, ETFs, MFs, IPOs, G-secs on Kite
- Day’s P&L on holdings calculation
- Realised vs unrealised profit calculation
- Kite (Zerodha)
- Zerodha
- Zerodha Console
External references
References
- Nippon India MF, Junior BeES scheme information document, nipponindiaim.com.
- NSE Indices, Nifty Next 50 methodology, niftyindices.com.
- Zerodha Support, ETF trading, support.zerodha.com.