Current price is close to the real time NAV

Less expense ratio implies better returns over the long term

Expense Ratio

ETF has not been able to closely match its benchmark returns

Tracking Error

Return vs FD Rates

Good time to consider, as ETF is not in overbought zone

Entry Point

The fund house also booked profits in ITC and sold 1.6 crore shares of the FMCG company. The stock has been an outperformer for a while even as the overall market has tanked. It also remains an overwhelming favourite among analysts.

Team Prashant Jain continues dumping PSU stocks, increases stake in private banks

He also asked the public and private banks to remain watchful of the recent geopolitical developments and emerging trends to lessen the potential effect on balance sheets and focus on the revival of economic activity in the country.

Remain watchful of recent geopolitical developments, RBI Governor to banks

RBI has recently increased the repo rate, following which several public and private banks have increased fixed deposit interest (FD) rates.

FD Investors, Rejoice! Axis Bank hikes fixed deposit rates, check new rates

A senior bank executive said such a database will be on lines of the Central Fraud Registry (CFR) set up by the Reserve Bank and will have participation from both public and private banks. “Some preliminary discussions have taken place, we are yet to finalise the structure,” he said.

Banks weighing central database of fraud attempts

The hike comes on the heels of other major public and private banks raising MCLR over the past few weeks

Yes Bank hikes MCLR by 10-15 basis points across tenors after swinging to profit

The equity benchmarks ended with small losses on Monday, extending losses for the second day. The Nifty managed to close above the 17,050 level after hitting day’s low of 16,917.25 in the early trade. Metals, private banks and media shares

Benchmarks slide for 2nd day; Nifty holds 17k mark

In the Nifty-500, FIIs have the highest ownership in private banks

FIIs increased holdings in these sectors, stocks

ICICI Bank is one of the top analysts’ picks among large private banks. Even retail and institutional investors have shifted towards it from HDFC Bank. The stock has also grown in tandem. In the last one year, it is up 29 per cent despite poor performance from the banking sector in 2022 so far.

ICICI Bank Q4 result preview: Lender may report up to 65% PAT growth led by strong loan disbursal

​​ But young professionals, whether in brokerage companies or accounting firms, private banks or private equity did believe in the truth of ’Greed is good. So, where did it go? Disturbing facts have emerged from a study conducted by recruitment consultant firm Michael Pages India office.

Is earning more no longer sacred?

The brokerage firm prefers private banks to state banks and NBFCs

These bank stocks are Edelweiss’ top picks in the sector

Among large private sector lenders, HDFC Bank, ICICI Bank, Axis Bank, Kotak Mahindra Bank, and IndusInd Bank are live on the AA system

9 private banks on account aggregator system, 5 public sector banks in line

ICICI Prudential Private Banks ETF objective is to provide returns before expenses that closely correspond to the total return of the Nifty Private Bank Index subject to tracking errors

ICICI Prudential Nifty Private Bank ETF

Average daily traded value of the ETF is high

ICICI Prudential Nifty Private Bank ETF

ICICI Prudential Nifty Private Bank ETF

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

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

News & Opinions

Team Prashant Jain continues dumping PSU stocks, increases stake in private banks

Remain watchful of recent geopolitical developments, RBI Governor to banks

FD Investors, Rejoice! Axis Bank hikes fixed deposit rates, check new rates

Banks weighing central database of fraud attempts

Yes Bank hikes MCLR by 10-15 basis points across tenors after swinging to profit

Benchmarks slide for 2nd day; Nifty holds 17k mark

FIIs increased holdings in these sectors, stocks

ICICI Bank Q4 result preview: Lender may report up to 65% PAT growth led by strong loan disbursal

Is earning more no longer sacred?

ICICI Prudential Nifty Private Bank ETF

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

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

News & Opinions

Team Prashant Jain continues dumping PSU stocks, increases stake in private banks

Remain watchful of recent geopolitical developments, RBI Governor to banks

FD Investors, Rejoice! Axis Bank hikes fixed deposit rates, check new rates

Banks weighing central database of fraud attempts

Yes Bank hikes MCLR by 10-15 basis points across tenors after swinging to profit

Benchmarks slide for 2nd day; Nifty holds 17k mark

FIIs increased holdings in these sectors, stocks

ICICI Bank Q4 result preview: Lender may report up to 65% PAT growth led by strong loan disbursal

Is earning more no longer sacred?

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

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