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    Question

    Nippon Life India Asset Management Limited (NAM India)

    launched India’s First _______ sector ETF.
    A Gold Correct Answer Incorrect Answer
    B Auto Correct Answer Incorrect Answer
    C Cryptocurrency Correct Answer Incorrect Answer
    D Oil Correct Answer Incorrect Answer
    E Commodity Correct Answer Incorrect Answer

    Solution

    Nippon Life India Asset Management Limited (NAM India) asset manager of Nippon India Mutual Fund (NIMF) announce a new fund offer (NFO) for Nippon India Nifty Auto ETF, India’s First Auto sector ETF. The minimum investment amount required is Rs 1,000 and in multiples of Re 1 thereafter.

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