Nifty Bees is an exchange-traded fund (ETF) that tracks the Nifty 50 index, a benchmark index of the 50 largest companies listed on the National Stock Exchange of India. It provides investors with a convenient and cost-effective way to invest in the Indian stock market.
There are several benefits to buying Nifty Bees. First, it allows investors to diversify their portfolio by investing in a broad range of companies in different sectors. Second, it provides exposure to the Indian stock market, which has a long history of growth and is expected to continue to grow in the future. Third, Nifty Bees is a relatively low-cost investment, with an expense ratio of just 0.10%. This means that investors can keep more of their returns.