Nippon Life India Asset Management Introduces Nifty 50 ETF in GIFT City

Nippon Life India Asset Management has launched the Nippon India ETF Nifty 50 BeES GIFT through its IFSC branch in GIFT City. This fund will act as a feeder fund into the Nippon India ETF Nifty 50 BeES, India’s first and oldest exchange-traded fund (ETF) that invests in the country’s top 50 companies by market capitalisation. The launch marks a significant step in strengthening financial ties between India and Japan while leveraging the regulatory and tax benefits of GIFT City, India’s emerging international financial hub.

Expanding Investment Opportunities in GIFT City

The introduction of this fund comes at a time when India and Japan are enhancing their trade and investment relations. GIFT City, a designated special economic zone, provides exclusive tax incentives and a favourable regulatory framework, making it an attractive destination for global financial institutions. By launching the Nippon India ETF Nifty 50 BeES GIFT, Nippon Life India Asset Management aims to capitalise on these advantages while offering investors a seamless entry into India’s capital markets.

Japanese Investors Gain Access to India’s Market

Nissay Asset Management Corporation, a subsidiary of Nippon Life Insurance Company, has launched the Nissay India Equity Fund in Japan. This fund will serve as a feeder into the Nippon India ETF Nifty 50 BeES GIFT, enabling Japanese investors to invest in India’s leading companies through ETFs. The use of GIFT City’s tax-efficient structure allows for reduced costs and enhanced investment returns.

Currently, NAM India advises four India-focused funds in Japan and manages three alternative investment funds (AIFs) in India with Japanese investors. These funds span across sectors such as real estate, ETFs, and venture capital, reinforcing the growing interest of Japanese investors in India’s financial markets.

Nippon Life India Asset Management Share Performance

As of February 12, 2025, at 3:25 PM, shares of Nippon Life India Asset Management are trading at ₹551.00 per share, reflecting an upside of 1.88% from the previous day’s closing price. Over the past month, the stock has registered a loss of 13.34%

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