The investment objective of Junior BeES is to provide returns that, before expenses, closely correspond to the returns of securities as represented by the CNX Nifty Junior Index.
First Mid-Cap Index Fund in India
Junior BeES is the first mid-cap index fund in India. Till now, investors had access to index funds based on Nifty or Sensex indices only.
Junior BeES outperformed all diversified equity schemes as on 31st March 2004 with over 180% returns more