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CONSUMBEES

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1d
1w
1m

Analysis and statistics

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About

CONSUMBEES.NSE represents Nippon India Consumption ETF, an exchange-traded fund (ETF) listed on the National Stock Exchange of India (NSE). This ETF aims to replicate the performance of the Nifty India Consumption Index, which comprises companies representing the consumption theme in India. By investing in CONSUMBEES, investors gain exposure to a diversified portfolio of stocks from sectors such as consumer goods, consumer services, healthcare, and pharmaceuticals, reflecting the spending patterns and consumption trends of the Indian population. The fund's objective is to provide returns that closely correspond to the total returns of the underlying index, subject to tracking errors and expenses.
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Factors

Underlying Gold Prices: CONSUMBEES tracks gold prices, so fluctuations directly impact its price.

Demand & Supply: Higher demand increases the ETF price, while increased supply reduces it.

Expense Ratio: While minor, the expense ratio slightly reduces returns and impacts the price.

Market Sentiment: Broad market optimism or pessimism affects investment in gold ETFs.

Rupee-Dollar Exchange Rate: As gold is priced in USD, a weaker rupee increases the INR price.

Interest Rates: Higher interest rates may reduce the attractiveness of gold, lowering the ETF price.

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