Business Description
This exchange-traded fund, established in India in June 2016 and overseen by Reliance Nippon Life Asset Management Limited, focuses on Indian government bonds with maturities between 8 and 13 years. Its goal is to match the returns of the NIFTY 8-13 yr G-Sec Index by holding bonds in the same proportions as the index. The fund was previously marketed under the name Nippon India ETF Long Term Gilt.
