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ICICI Prudential Nifty ETF

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    ICICI Prudential Nifty ETF

    ICICINIFTYETF
    185.660.26 (-0.14%)

    Tracking Nifty 50 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 been able to closely match its benchmark's 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

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    OverviewPeersNewsEvents
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    News & Opinions

    1.1 k
    Articles & Videos
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    Latest

    SGX Nifty sheds 39 points: Asian markets, dollar movement, crude prices, FPI flows & more

    in 6 hours•Business Today

    News Thumbnail
    Latest

    Sensex tests 58k, Nifty holds 17,000; IT stocks shine; Campus Activewear drops 6%

    in 6 hours•Business Today

    News Thumbnail
    Latest

    Sensex, Nifty fall amid weak trend in Asian equities

    1 hour ago•The Hindu Businessline

    News Thumbnail

    Stock Market Live: Sensex, Nifty Struggle Amid Volatility; I.T., PSU Banks Gain

    1 hour ago•Bloomberg Quint

    News Thumbnail

    Indices may open lower

    2 hours ago•Business Standard

    News Thumbnail

    SGX Nifty indicates flat opening

    2 hours ago•The Hindu Businessline

    News Thumbnail

    Global Cues Guiding Nifty’s Opening: Dow Futures, Asian Trade, Oil Dips

    5 hours ago•Investing.com

    News Thumbnail

    Morgan Stanley France pays Rs 25,00,000, settles Nifty options case

    12 hours ago•Business Standard

    News Thumbnail

    Weekly Expiry Price Action Tests Nerves as Nifty Holds 17000+

    15 hours ago•Investing.com

    News Thumbnail

    Indices trade with minor cuts; Sensex down 179 pts

    16 hours ago•Business Standard

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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