ICICI Prudential Nifty Private Bank ETF
ICICIBANKPTracking Nifty Private Bank Index
Price Chart
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 close to the real time NAV
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
Insufficient Data
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
Good time to consider, as ETF is not in overbought zone
Key Metrics
AMC profile
ICICI Prudential Asset Management Company Ltd. is the leading AMC in the leading AMC in the country. The AMC is joint venture between ICICI Bank and Prudential Plc, one of the UK's largest players in the financial services sectors.
Get more out of Tickertape, Go Pro!
Unlock exclusive stocks’ data & unlimited access with Tickertape Pro
Recent NewsAll news
Sensex, Nifty sharply pare gains; PSU banks witness bargain buying
4 days ago•Business Standard
FD Investors, Rejoice! Axis Bank hikes fixed deposit rates, check new rates
5 days ago•Zee News
Banks weighing central database of fraud attempts
1 week ago•Economic Times
Recent EventsAll events
General updates INDUSINDBK
Indusind Bank Limited has informed the Exchange about Intimation about change in Head - Investor Relations and strategyThis is to inform you that Mr. Sanjay Mallik has resigned from the position of Head ￢ﾀﾓ Investor Relations and Strategy of the Bank, effective from May 18, 2022, on account of his other personal / professional commitments.The Bank has identified Mr. Indrajit Yadav as the new Head ￢ﾀﾓ Investor Relations of the Bank effective from May 18, 2022.Accordingly, with reference to our letter dated March 2, 2022, in terms of Regulation 30(5) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, kindly take note of the details of the new Head ￢ﾀﾓ Investor Relations viz. Mr. Indrajit Yadav and his contact number is +91 2224231975.The above information is being hosted on the Bank's website at www.indusind.com. | Download
Indusind Bank Limited has informed the Exchange about Intimation about change in Head - Investor Relations and strategyThis is to inform you that Mr. Sanjay Mallik has resigned from the position of Head ￢ﾀﾓ Investor Relations and Strategy of the Bank, effective from May 18, 2022, on account of his other personal / professional commitments.The Bank has identified Mr. Indrajit Yadav as the new Head ￢ﾀﾓ Investor Relations of the Bank effective from May 18, 2022.Accordingly, with reference to our letter dated March 2, 2022, in terms of Regulation 30(5) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, kindly take note of the details of the new Head ￢ﾀﾓ Investor Relations viz. Mr. Indrajit Yadav and his contact number is +91 2224231975.The above information is being hosted on the Bank's website at www.indusind.com. | Download
Schedule of Analysts/Institutional Investor Meet/Con. Call INDUSINDBK
Indusind Bank Limited has informed the Exchange about Schedule of Analysts/Institutional Investor Meet/Con. Call Disclosure under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (Listing Regulations)Pursuant to Regulation 30 of Listing Regulations, please find below the Schedule of Institutional investor(s) / Analysts meeting(s) /call(s) held on May 16, 2022 and May 17, 2022 as mentioned under: | Download
Indusind Bank Limited has informed the Exchange about Schedule of Analysts/Institutional Investor Meet/Con. Call Disclosure under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (Listing Regulations)Pursuant to Regulation 30 of Listing Regulations, please find below the Schedule of Institutional investor(s) / Analysts meeting(s) /call(s) held on May 16, 2022 and May 17, 2022 as mentioned under: | Download
Cash Dividend HDFCBANK
Final • Div/Share: ₹ 15.5
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 close to the real time NAV