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ICICI Prudential Nifty ETF

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    ICICI Prudential Nifty ETF

    ICICINIFTYETF
    229.641.00 (+0.44%)

    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

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    Articles & Videos
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    Latest
    News Video

    Sensex, Nifty Hit A New Peak, MPC Meet Kicks Off, Israel Ramps Up Bombing, Chennai Floods Biz Impact

    30 minutes ago•CNBC-TV18

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    Latest

    ‘Can you believe this?’: NSE CEO Ashish Chauhan shares Nifty 50 ETF ad in South Korea

    3 hours ago•Business Today

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    Latest

    Stock Market Today: Sensex, Nifty End At Record High For A Third Day; Media Stocks Gain

    3 hours ago•Bloomberg Quint

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    News Video

    Stock Market Updates: Sensex 200 अंक चढ़ा, Nifty 20900 के आसपास, ITC, Wipro Top Gainer | CNBC Awaaz

    5 hours ago•CNBC Awaaz.

    News Thumbnail

    Investors’ Wealth Rises By Rs 2.17 Lakh Crore As Markets Hit New Opening Peaks

    8 hours ago•Bloomberg Quint

    News Thumbnail
    News Video

    Market Opening LIVE | Sensex, Nifty Open At Record High | CNBC TV18

    9 hours ago•CNBC-TV18

    News Thumbnail
    News Video

    Market Closing LIVE | Market Closes At New Highs, Nifty At 20,850, Sensex Up 420 Points | CNBC TV18

    16 hours ago•CNBC-TV18

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    News Video

    Nifty 50: Book Profits Or Play The Waiting Game? | Sunil Subramaniam | India Tonight

    22 hours ago•ET NOW

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    NSE Indices Launches New Variant Of Nifty 50

    1 day ago•Bloomberg Quint

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    Stock Markets Hit New Record Highs; Sensex Breaches 69k-Mark, Nifty Eyes 21K Level

    1 day ago•Zee News

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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