Can anyone explain me about NIFTY BeES ( ETF'S) and Hedging (futures) Stretegy's related to it ?
BeES was Indias first ETF. It comes from a fund house (Benchmark Mutual Fund) that specialises in and manages only ETFs.
The Nifty index consists of the 50 most liquid stocks on the National Stock Exchange. The companies that form a part of Nifty are also considered to be among Indias largest and most well-managed companies. Many participants in the futures markets are hedgers. Their main aim is to use the futures markets to reduce a particular risk that they might face. This risk might relate to the price of oil, a foreign currency, stock markets, wheat, pork bellies, orange juice, the weather, or some other commodity or variable. By definition ...more