Like we have Nifty MF scheme, do we also have BankNifty MF scheme?

General
2

If you are talking about index ETF's, like Niftybees that mirrors the nifty index movement. Yes there is also a Bankbees that mirrors the Banknifty movement. 

Here is the link to all ETF's trading on NSE. 

1 Like
3

Hey flyingshark, For bank nifty it is bank bees which seeks to replicate the performance of the top twelve banking stocks in bank nifty index. Bank bees is a fund managed by Goldman Sachs.
Download the below doc to get a detailed list and information of all the nifty bees and gold bees.
http://www.benchmarkfunds.com/gs/Documents/Factsheet.pdf

Similarly, there are other bank index  PSU bank related etfs owned by kotak, reliance and others.

Cheers,
Happy trading.
 

mohan

4

Mohan, can ETFs be purchased from a MF distributor?

5

Not aware. But as they are exchange traded so can be bought and sold if you have a trading and dmat account with any broker just like shares.
if you wanted to buy nifty and bankbees in good quantity then you can directly contact the goldman sachs and they will provide the liquidity in the market.
You can check out below mentioned links for more info about etfs.
http://justtrading.in/what-are-exchange-traded-funds-etfs/
happy trading
Mohan.