appTracking Nifty Bank Index
Expense RatioETFs 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 ErrorTracking 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 RatesFixed 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
ETF has been generating better price return than bank FD
Entry PointHigh 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
News & Opinions
South Indian Bank shares fall 5% post Q3 earnings, check details
1 hour ago•Business Today
Markets crash over 1% led by Zomato’s 11% plunge; banking stocks drag
1 hour ago•The Hindu Businessline
A Nifty rebound to 24,000-24,500 seen as part of consolidation pattern: Laurence Balanco
4 hours ago•Economic Times
Indian Banks’ Association forms panel to select new CEO. Who’s the front runner?
4 hours ago•Economic Times
Au Small Fin Bank shares 0.68% as Sensex falls
4 hours ago•Economic Times
Bank Nifty Prediction today – Jan 21, 2025: Bears gaining traction, go short
7 hours ago•The Hindu Businessline
Markets cautiously optimistic as Trump returns to the White House
10 hours ago•Economic Times
Kotak Bank surges 9% as Q3 tops expectations, brokerages positive
12 hours ago•Economic Times
Q3 Results Today Highlights 20th Jan 2024: Kotak Mahindra, IOB, Vidhi Specialty, KVB, Central Bank shares end positive after Q3 results; Zomato shares tank 7%; Paytm flat
20 hours ago•The Hindu Businessline
Sensex, Nifty rally on the back of Kotak Mahindra Bank stock surge; Nifty Bank leaps 810 pts
1 day ago•The Hindu Businessline
NAVThe 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