Asian Paints
2518.8 17.20
Cipla
1584 -0.40
Eicher Motors
6906.5 66.50
Nestle India
1283 1.00
Grasim Inds
2923.9 82.60
Hindalco Inds.
840.85 16.40
Hind. Unilever
2511.8 -4.60
ITC
420.65 3.85
Trent
4798.7 9.10
Larsen & Toubro
3923.8 18.90
M & M
3611.6 -13.40
Reliance Industr
1484.1 32.50
Tata Consumer
1169.9 14.60
Tata Motors PVeh
410.05 6.75
Tata Steel
176.66 2.22
Wipro
243.91 0.93
Apollo Hospitals
7845.5 8.00
Dr Reddy's Labs
1284.3 0.70
Titan Company
3739.8 24.90
SBI
922.75 18.25
Shriram Finance
719.6 4.15
Bharat Electron
415.15 -6.90
Kotak Mah. Bank
2148.6 -38.40
Infosys
1504.5 -20.90
Bajaj Finance
1084.4 -5.35
Adani Enterp.
2492.8 -11.40
Sun Pharma.Inds.
1693.6 -5.40
JSW Steel
1150.6 9.20
HDFC Bank
1002.95 8.20
TCS
3084.9 21.70
ICICI Bank
1377.6 -0.10
Power Grid Corpn
291.05 2.55
Maruti Suzuki
16388 114.00
Axis Bank
1254.1 12.20
HCL Technologies
1533.5 9.70
O N G C
253.27 -1.69
NTPC
341.75 2.15
Coal India
396.7 2.65
Bharti Airtel
2080.1 50.80
Tech Mahindra
1462.8 9.10
Adani Ports
1420.6 -8.40
HDFC Life Insur.
737.25 2.30
SBI Life Insuran
1903.1 63.30
Max Healthcare
1186.4 2.30
UltraTech Cem.
12015 97.00
Bajaj Auto
9095.5 19.00
Bajaj Finserv
2170.2 10.70
Interglobe Aviat
5835 56.00
Eternal Ltd
333.7 7.10
The open-ended scheme aims to replicate and track the Nifty Chemicals Index, generating returns that align with the index's performance, subject to tracking error. The minimum investment during the NFO is Rs 5,000, and the scheme will be managed by Devender Singhal, Satish Dondapati, and Abhishek Bisen.
The Nifty Chemicals Index represents a diversified mix of leading Indian chemical companies across sub-sectors such as specialty chemicals, agrochemicals, and industrial chemicals. Over the past several years, India's chemical industry has benefited from China's supply chain disruptions, environmental regulations, and the US-China trade war, positioning the country as an emerging global chemical hub.
Data from NSE and Nifty Indices show that the Nifty Chemicals Total Return Index (TRI) has consistently outperformed the Nifty 500 TRI across long-term horizons.
Over the past decade, the Nifty Chemicals TRI has delivered annualized returns of 21% compared with 14% for the Nifty 500 TRI, while over seven years it gained 20% versus 15% for the broader index. Both indices returned 21% over the five-year period, but the Chemicals TRI posted 6% returns over three years against 16% for the Nifty 500 TRI. Since inception on 1 April 2005, the Chemicals TRI has generated 20% annualized returns compared with 15% for the Nifty 500 TRI, with rolling return data further underscoring its strength, averaging 22.4% over 10 years versus 15.5% for the broader benchmark.
Sector valuations, the fund house said, are currently around long-term averages, offering potential for sustained returns. The fund house believes this ETF provides investors an opportunity to gain sectoral exposure through a cost-efficient and diversified route, amid India's growing role in global chemical manufacturing.
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