Tracking Nifty Bank Index
Current price is far from 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
Good time to consider, as ETF is not in overbought zone
HDFC Asset Management Company, investment manager to HDFC Mutual Fund, is one of the leading AMCs in the country. The company operates as a joint venture between Housing Development Finance Corporation (HDFC) and Standard Life Investments (SLI).
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2 hours ago•Economic Times
2 hours ago•The Hindu Businessline
6 hours ago•Economic Times
CANARA BANK has informed the Exchange about Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer Agent | Download
CANARA BANK has informed the Exchange about Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer Agent | Download
Final • Div/Share: ₹ 1.2
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 far from the real time NAV