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As of November 5, 2016 R*Shares Nifty BeES has been acquired by Goldman Sachs Mutual Fund - Goldman Sachs Nifty Exchange Traded Scheme. Reliance Mutual Fund - R*Shares Nifty ETF is an exchange traded fund launched by Reliance Capital Ltd. It is managed by Reliance Capital Asset Management Limited. The fund invests in the public equity markets of India. It seeks to invest in the stocks of companies operating across diversified sectors. The fund invests in the stocks of large-cap companies. It seeks to replicate the performance of the CNX Nifty Index, by investing in the stocks of companies as per their weightings in the index. Reliance Mutual Fund - R*Shares Nifty ETF was formed on November 22, 2013 and is domiciled in India.
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