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SETFNN50

NSE
709.28998 INR
2.58
0.37%
Last update Jun 4, 3:29 PM IST
Market closed
Day range
703.52002
713.97998
Previous close
706.71002
Open
706.71997
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SBI ETF Nifty Next 50
709.29
2.58
0.37%

Overview

Description

SBI ETF Nifty Next 50 is an exchange-traded fund designed to track the performance of the Nifty Next 50 Index in India. This ETF enables investors to gain diversified exposure to 50 companies that are ranked after the top 50 companies in the Nifty 100, representing a potential for high growth as these companies strive to become future industry leaders. The ETF operates in various sectors, including financial services, consumer goods, pharmaceuticals, and technology, reflecting a broad spectrum of the Indian economy. Managed by SBI Funds Management Pvt. Ltd., it offers liquidity and ease of trading on the stock exchange, akin to individual stocks. SBI ETF Nifty Next 50 plays a significant role in the Indian financial market by allowing investors to participate in the opportunities presented by emerging major players, which are often poised for substantial expansion and strategic growth. Its composition provides a balanced mix of industries, offering a measure of risk mitigation and capitalizing on India's economic momentum.

About

Address
Phone
Website
Instrument type
ETF
Country
India
MIC code
XNSE
Market closed

Exchange is currently closed
Main market opens in 10 hours 41 minutes

22:33
00:00
09:15
15:30
23:59

Trading Hours (Sunday - Thursday):

Main market
09:15 - 15:30
All times are displayed in the Asia/Kolkata timezone (IST, UTC+05:30).