Nifty Bank on WebNotes

Bank BeES

Mon, 18 May 2026 00:00:00 +0000

Bank BeES is the Nippon India ETF tracking the Nifty Bank Index, providing exchange-traded passive exposure to the top Indian banking sector stocks. Launched as part of the Benchmark Asset Management ETF family (alongside Nifty BeES ), Bank BeES is currently operated by Nippon India Mutual Fund following ownership transitions through Goldman Sachs (2011-2016) and Reliance/Nippon (2016-).

For Indian retail investors seeking sectoral banking exposure, Bank BeES offers:

Passive Nifty Bank tracking: 12 leading Indian banks (PSU + private).
Low TER: Approximately 0.15-0.20 per cent annually.
Intraday liquidity: Active trading on NSE.
Demat-mode: Standard demat account access.

Nifty Bank Index methodology

Composition

The Nifty Bank Index comprises 12 of the most-liquid and large-capitalised Indian banking sector stocks:

Nifty Bank Index Fund

Mon, 18 May 2026 00:00:00 +0000

A Nifty Bank Index Fund is a passive mutual fund scheme that tracks the Nifty Bank Index, comprising 12 of the most-liquid and large-capitalised Indian banking sector stocks. The index includes both private and public sector banks, with Nifty 50-style free-float weighting. The category provides cost-efficient passive exposure to Indian banking equity for retail investors who want sectoral banking exposure without the higher TER of active BFSI funds.

For Indian retail investors, Nifty Bank Index Funds offer:

Nifty Bank (Bank Nifty)

Sun, 17 May 2026 00:00:00 +0000

The Nifty Bank Index, commonly called Bank Nifty, is an NSE Indices benchmark tracking the 12 largest and most-liquid banking stocks listed on the National Stock Exchange of India (NSE). The index is operated by NSE Indices Limited (a wholly-owned subsidiary of NSE) and was launched on 15 September 2003 with a base date of 1 January 2000 and a base value of 1,000. As of 2026, Bank Nifty is one of the most-actively-traded sector indices in the Indian derivatives market, with substantial futures and options volume, and is the principal benchmark for tracking Indian banking-sector performance.

NIFTY Bank TRI

Tue, 12 May 2026 00:00:00 +0000

The NIFTY Bank Total Returns Index (NIFTY Bank TRI), also widely known as Bank Nifty TRI, is the dividend-reinvested variant of the NIFTY Bank index maintained by NSE Indices Limited. The NIFTY Bank index comprises the 12 most liquid and capitalised banking sector stocks listed on the National Stock Exchange of India (NSE) , spanning private sector banks, public sector banks, and small finance banks. The underlying price return index, NIFTY Bank (Bank Nifty), is one of the most actively traded derivatives contracts in the world by open interest, while the TRI variant serves as the benchmark for banking sector mutual fund schemes and ETFs in India.