Aditya Birla Sun Life Nifty IT ETF

TECHETF
28.940.29 (+1.01%)

Tracking Nifty IT Index

Investment Checklist

NAV
The net asset value (NAV) of an ETF is based on the current prices of the stocks/assets in the fund and an actual accounting of the total cash in the fund at the time of calculation. Market price can be different from real time NAV due to late market activity and both tend to converge periodically. A market price close to real time NAV is much better for investment!

Insufficient Data

Expense Ratio
ETFs charge their shareholders an expense ratio to cover the fund’s operating expenses, which is expressed as a percentage of the fund’s average net assets. This directly reduces the fund’s returns to its shareholders, and, therefore, the value of the investment. Lower is always better!

Less expense ratio implies better returns over the long term

Tracking Error
Tracking error is the difference between the performance of the ETF and that of the underlying benchmark it's tracking. It's an important metric for investors who want to replicate an index's performance by investing in the ETF. The lower the tracking error, the better is the ETF's performance aligned with the investor's expectations

ETF has not been able to closely match its benchmark returns

Return vs FD Rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If the ETFs price return is lower than this rate, investors are better off investing the amount in a FD

Insufficient Data

Entry Point
High demand for an ETF increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the ETF

Good time to consider, as ETF is not in overbought zone

OverviewPeersNewsEvents

News & Opinions

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Latest

IT sector will create one crore jobs by 2025-26: Rajeev Chandrasekhar

2 days ago•Business Standard

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Latest

Prefer the Big Boys over midcap IT stocks: Ashwin Mehta of Ambit Capital

2 days ago•Economic Times

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Latest

Tech stocks plunge; JPMorgan downgrades Indian IT sector

2 days ago•Economic Times

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At 2022 lows: Auto stocks pick up speed, tech on collision course

3 days ago•Business Standard

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IT Sector Shares: बिकवाली पर क्या है Expert की राय? Valuation तक Wait करना है सही? | Kamai Ka Adda

3 days ago•CNBC Awaaz

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J.P. Morgan downgrades India’s IT sector as pandemic boom fades

3 days ago•The Hindu

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Share Market LIVE: Sensex crashes 1416 pt , Nifty below 15,850; IT stocks drag

3 days ago•Business Today

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Sensex crashes over 1000 pts amid weak global cues; IT stocks drag, ITC shines

3 days ago•Business Today

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Sensex drops 1416 pts, Nifty ends at 15,809.40; IT shares drag

3 days ago•Business Standard

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News Video

Closing Bell: Nifty, Sensex Down Around 2.50%; Nifty IT Index Top Loser | CNBC-TV18

3 days ago•CNBC-TV18

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NSE & BSE – SEBI Registration No: INZ000031633 | CDSL - SEBI  Registration No: IN-DP-431-2019

Zerodha - NSE & BSE – SEBI Reg. No.: INZ000031633
Zerodha - CDSL - SEBI Reg. No: IN-DP-431-2019