appTracking Nifty Private 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
ETF has been able to closely match its benchmark's returns
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 not been able to generate 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
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News & Opinions
UCO Bank Fraud: Two Engineers Transfer 820 Crore INR From 7 Private Banks
18 hours ago•Zee News
Indian Banking Sector - Rerating Opportunities Amongst Undervalued Large Cap Banks: Systematix
22 hours ago•Bloomberg Quint
News Video
Don’t Expect Huge Divergence In Performance Of PSU Banks Vs Private Banks Going Ahead: Motilal Oswal
1 day ago•CNBC-TV18
News Video
Sanjiv Bhasin: Bullish Outlook On Markets, Tata Tech's IPO And Banking Comeback | ET Now
6 days ago•ET NOW
Sensex, Nifty jump nearly 1% on gain in IT, banking shares; rally for third day on the trot
4 weeks ago•The Hindu
RBI asks private banks to have at least 2 whole-time directors
1 month ago•Business Today
News Video
BFSI Stocks Expect Low NIMs | What Will Investors Do | BQ Prime
1 month ago•BQ Prime
#AskBQ | Limelight On Private Banks As They Beat Q2 Estimates
1 month ago•Bloomberg Quint
Outlook On Private Banks Post Q2 Earnings
1 month ago•Bloomberg Quint
News Video
#AskBQ | Limelight On Private Banks As They Beat Q2 Estimates | BQ Prime
1 month ago•BQ Prime
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!
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