Product logo
  • Home
  • Sign Up
Product logo

Edelweiss Nifty Bank ETF

News

Switch to
tickertape logoView more
    Home
    Sign Up

    Edelweiss Nifty Bank ETF

    EBANKETF
    3,709.990.00 (+0.00%)

    Tracking Nifty Bank 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

    ETF has been generating better price return than bank FD

    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

    Get your Zerodha accountOpen Now
    OverviewPeersNewsEvents
    381

    News & Opinions

    381
    Articles & Videos
    News Thumbnail
    Latest

    Taking Stock | Market ends flat amid volatility; oil & gas, metals gain, banks drag

    12 hours ago•Moneycontrol

    News Thumbnail
    Latest

    Sensex down 127 points intraday, Nifty below 15,900

    16 hours ago•The Hindu Businessline

    News Thumbnail
    Latest

    Wipro least preferred stock, banking stocks remain investor favourites

    17 hours ago•Moneycontrol

    News Thumbnail

    Indian banks’ profitability seen rising in FY23: Moody’s | The Financial Express

    1 day ago•Financial Express

    News Thumbnail

    Indian banks to witness surge in margins in FY23: Moody’s

    1 day ago•Economic Times

    News Thumbnail

    Indian banks to post larger increase in margins in FY23: Moody’s

    1 day ago•Business Standard

    News Thumbnail

    Indian Banks to post larger increase in margins: Moody’s

    2 days ago•Investing.com

    News Thumbnail

    Nifty Ends the Week at 15699, Bank Nifty at 33627 - is the Tide Changing?

    4 days ago•Investing.com

    News Thumbnail
    News Video

    Indian Markets Ended The Week On A Positive Note With The Nifty Ending Just Shy Of The 15700 mark.

    4 days ago•ET NOW

    News Thumbnail

    Sensex Jumps 462 pts, Nifty Near 15,700; Auto, Bank Stocks Rally

    4 days ago•News18

    © Powered byTickertape.ViewEBANKon 

    EmailHelpBlog

    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