The investment objective of Nippon India ETF Shariah BeES is to provide returns that, before expenses, closely correspond to the total returns of the Securities as represented by the Nifty50 Shariah Index by investing in Securities which are constituents of Nifty50 Shariah Index in the same proportion as in the index. Investors to note that Nippon India ETF Shariah BeES is not a Shariah compliant scheme. Under normal market circumstances, the investment range would be as follows: 95%-100% of total assets in Securities covered by the Nifty50 Shariah Index; 0%-5% of total assets in Cash.