Nippon India ETF Nifty 8-13

The Nippon India ETF Nifty 8-13 is an exchange-traded fund that focuses on a niche segment within the fixed income market, primarily targeting government securities. Its primary purpose is to provide investors with exposure to the performance of the Nifty 8-13 Year G-Sec Index, which consists of Indian government bonds with maturities ranging between 8 to 13 years. This ETF is designed for investors seeking medium to long-term fixed income investments, offering a balance between yield and risk associated with holding sovereign debt. Nippon India ETF Nifty 8-13 plays a crucial role in diversifying an investment portfolio by adding stability and potential interest income, especially pertinent for those looking to mitigate portfolio volatility against more volatile equity assets. By tracking an index, it offers a cost-effective way for investors to gain targeted exposure within India's government bond market. Given its sector-specific focus, it caters to risk-averse investors or those seeking to hedge against interest rate fluctuations within this maturity band.