Product logo
  • Home
  • Sign Up
Product logo

ICICI Prudential IT ETF

News

Switch to
More ontickertape logoapp
    Home
    Sign Up

    ICICI Prudential IT ETF

    ICICITECHETF
    29.080.21 (-0.72%)

    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

    Get your Zerodha accountOpen Now
    OverviewPeersNewsEvents
    311

    News & Opinions

    311
    Articles & Videos
    News Thumbnail
    Latest

    4 consumption & IT stocks to buy on dips: Hemang Jani

    55 minutes ago•Economic Times

    News Thumbnail
    Latest

    TCS, Infosys, Wipro, HCL Tech, TechM shares: FPI selling intensifies in IT sector. What’s next?

    16 hours ago•Business Today

    News Thumbnail
    Latest

    Daily Voice | Don’t see an SVB-like collapse in India, be cautious in allocation to IT sector: Weekend Investing founder

    22 hours ago•Moneycontrol

    News Thumbnail

    Vinit Bolinjkar on 3 FMCG stocks that should beat the market

    23 hours ago•Economic Times

    News Thumbnail

    Infosys, TCS, Wipro, TechM, Persistent Systems shares: Up to 40% potential downside ahead for IT stocks

    1 day ago•Business Today

    News Thumbnail

    Information Technology shares fall

    1 day ago•Business Standard

    News Thumbnail

    Stock market update: Nifty IT index falls 0.66% in an upbeat market

    1 day ago•Economic Times

    News Thumbnail

    Mphasis Ltd Slides 1.79%

    1 day ago•Business Standard

    News Thumbnail

    Sailesh Raj Bhan on what to do with IT and pharma stocks now

    2 days ago•Economic Times

    News Thumbnail

    Indian IT sector to tread turbulent waters going ahead

    2 days ago•The Hindu Businessline

    © Powered byTickertape.ViewICICITECHon 

    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