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    Axis Technology ETF

    AXISTECETFETF
    311.920.54 (+0.17%)

    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!

    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

    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

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    OverviewPeersNewsEvents
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    News & Opinions

    55
    Articles & Videos
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    Latest

    Sensex ends choppy day 170 pts up, Nifty at 17,650; IT stocks lead gains

    7 hours ago•Business Standard

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    Latest

    Budget 2023: These Measures Can Help IT Sector Contribute More To India’s $5-Trillion GDP Goal

    8 hours ago•News18

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    Latest

    IT job vacancies slump 60% in January; Silicon Valley investor Tim Draper on Indian startups

    14 hours ago•Economic Times

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    IT stock to be in focus this week as scrip to trade ex-dividend worth 2000%

    1 day ago•Livemint

    News Thumbnail

    Tier-2 IT cos could lose their mojo

    1 day ago•Livemint

    News Thumbnail
    News Video

    IT Sector में क्या आपको बढ़ाना चाहिए Investment, क्या यही है निवेश का सही समय? | Faydemand Funds

    1 day ago•CNBC Awaaz.

    News Thumbnail

    ‘IT firms need to be creators of talent and not just consumers,’ says Accenture’s Rekha M. Menon

    3 days ago•Business Today

    News Thumbnail
    News Video

    US markets rises for the 5th consecutive day on strong Q4 GDP data, good action in IT stocks

    3 days ago•Zee Business

    News Thumbnail

    Watch | Business Matters: Will global layoffs jolt India’s IT industry?

    4 days ago•The Hindu

    News Thumbnail

    ETtech Budget Watch: tech wants budget to cut taxes, set APA timelines

    4 days ago•Economic Times

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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