Tracking Nifty 50 Index
Current price is close to the real time NAV
Less expense ratio implies better returns over the long term
ETF has not been able to closely match its benchmark returns
ETF has been generating better price return than bank FD
Not a good time to invest, ETF is in overbought zone
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.
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1 hour ago•The Hindu Businessline
3 hours ago•Economic Times
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State Bank Of India has informed the Exchange about Schedule of Analysts/Institutional Investor Meet/Con. Call to be held on 18-19th August, 2022 | Download
State Bank Of India has informed the Exchange about Schedule of Analysts/Institutional Investor Meet/Con. Call to be held on 18-19th August, 2022 | Download
State Bank Of India has informed the Exchange about Schedule of Analysts/Institutional Investor Meet/Con. Call to be held on 18-19th August, 2022 | Download
State Bank Of India has informed the Exchange about Schedule of Analysts/Institutional Investor Meet/Con. Call to be held on 18-19th August, 2022 | Download
Final • Div/Share: ₹ 21
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