Axis Banking ETF

AXISBNKETF
ETF

Tracking Nifty Bank Index

ETFEquity
Sectoral : Financial Services & Banks
Medium LiquidityAverage daily traded value of the ETF is medium
356.884.33 (+1.23%)

Price Chart

High
Low
Returns
1D
1W
1M
1Y
5Y
Max
SIP
Loading...
1D
1W
1M
1Y
5Y
Max
SIP
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!

Current price is close to the real time NAV

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

Insufficient Data

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

ETFEquity
Sectoral : Financial Services & Banks
Medium LiquidityAverage daily traded value of the ETF is medium

Key Metrics

Realtime NAVRealtime NAV
₹ 358.46
AUMAUM
₹ 56.44cr
Expense RatioExpense Ratio
0.16%
Sector Expense RatioSctr Expense Ratio
0.24%
Tracking ErrorTracking Error
Sector Tracking ErrorSctr Tracking Error
0.32%

AMC profile

Axis Asset Management Company Ltd. is the mutual fund investment wing of Axis Bank, the 3rd largest private bank in India. 74.99% share of the AMC is held by Axis Bank while the rest 24% is held by Schroder Singapore Holdings Private Limited.

Get more out of Tickertape, Go Pro!

Unlock exclusive stocks’ data & unlimited access with Tickertape Pro

See Plans

Recent EventsAll events 

ESOP/ESPS/SBEB Scheme HDFCBANK
Announced OnMay 27, 2022

HDFC Bank Limited has informed the Exchange about Allotment of 729900 equity shares under ESOP. | Download

HDFC Bank Limited has informed the Exchange about Allotment of 729900 equity shares under ESOP. | Download

Schedule of Analysts/Institutional Investor Meet/Con. Call INDUSINDBK
Announced OnMay 27, 2022

Indusind Bank Limited has informed the Exchange about Schedule of Analysts/Institutional Investor Meet/Con. Call Subject: Disclosure under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (Listing Regulations)Pursuant to Regulation 30 of Listing Regulations, please find below the Schedule of Institutional investor(s) / Analysts meeting(s) /call(s) held on May 26, 2022 and May 27, 2022 as mentioned under: | Download

Indusind Bank Limited has informed the Exchange about Schedule of Analysts/Institutional Investor Meet/Con. Call Subject: Disclosure under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (Listing Regulations)Pursuant to Regulation 30 of Listing Regulations, please find below the Schedule of Institutional investor(s) / Analysts meeting(s) /call(s) held on May 26, 2022 and May 27, 2022 as mentioned under: | Download

Cash Dividend SBIN
Ex. DateMay 25, 2022

Final • Div/Share: ₹ 7.1

See all events