2 Replies to “What are Benchmark BeES? Is it mutual fund unit, stock or Index?”

  1. These are exchange tradeable funds. Your MF units can be sold or new ones could be purchased through market / stock exchange

  2. BeES (Benchmark Exchange Traded Scheme) are a family of Exchange Traded Funds (ETFs) launched by Benchmark Mutual Fund.

    ETFs are mutual fund schemes, which combine the best features of open ended and close-ended funds. They are like stocks, listed on NSE, liquid, tradable throughout the day, priced continually and in demat form.
    At the same time, BeES are like index funds. They offer the benefits of diversification, index tracking and low expenses. BeES represent a unique tool for investing in a mutual fund at the price and time of your choice.

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