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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

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

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Amid the growing fears of slowdown and global recession, the Union Budget is growth-oriented, boosting allocations across sectors, according to IT industry body Nasscom.

Union Budget underscores role of digital, tech in development: Nasscom

The hiring intent declined across both large IT giants and unicorns, while trends across other IT startups remained stable as compared to last year, according to a report by naukri.com

Job growth in Indian IT sector declines 25% over corrections in hiring

Information Technology stocks were trading in green, with the S&P BSE IT Sector index rising 343.64 points or 1.15% at 30216.39 at 09:47 IST.

Information Technology shares edge higher

Brightcom Group Ltd has lost 3.12% over last one month compared to 3.97% gain in S&P BSE IT Sector index and 3.28% drop in the SENSEX

Brightcom Group Ltd Spurts 4.88%

The Budget gives more money to consumers which means more consumption. Capex is clearly good and higher GDP growth is very positive for banks as well and of course, it does not impact the IT sector. I mean that is the very nature of it. I think broadly this budget is positive for all,” Jain said

How market participants rated Nirmala Sitharaman’s Budget

Navneet Education Ltd is quoting at Rs 114, up 2.66% on the day as on 12:49 IST on the NSE. The stock is up 22.71% in last one year as compared to a 0.87% drop in NIFTY and a 16.55% drop in the Nifty IT index.

Navneet Education Ltd spurts 2.66%, rises for third straight session

A June 2022 study by IT industry body Nasscom revealed that 65% of the surveyed enterprises use AI-powered chatbots.

Firms adopt ChatGPT to develop solutions

Market diversification will increase resilience in the sector for the future, but the expected global economic slowdown is likely to dampen technology spending this year

Despite COVID resilience, IT industry to see muted growth this year: Economic Survey

The proportion of digital revenue as a percentage of total revenue has increased from around 26-28% in FY20 to 30-32% in FY22.

Digital deals, R&D spends aid IT sector clock 15.5% growth in FY22: Economic Survey 22-23

Closing Bell: Broader markets trailed gains in benchmark indices. The BSE Midcap and Smallcap indices closed up to 0.2 per cent lower

Sensex ends choppy day 170 pts up, Nifty at 17,650; IT stocks lead gains

Budget 2023: These Measures Can Help IT Sector Contribute More To India’s $5-Trillion GDP Goal

Kotak IT ETF objective is to replicate the composition of the NIFTY IT Index and to generate returns that are commensurate with the performance of the NIFTY IT Index, subject to tracking errors

Kotak It ETF

Average daily traded value of the ETF is high

Kotak It ETF

Kotak It 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

Union Budget underscores role of digital, tech in development: Nasscom

Job growth in Indian IT sector declines 25% over corrections in hiring

Information Technology shares edge higher

Brightcom Group Ltd Spurts 4.88%

How market participants rated Nirmala Sitharaman’s Budget

Navneet Education Ltd spurts 2.66%, rises for third straight session

Firms adopt ChatGPT to develop solutions

Despite COVID resilience, IT industry to see muted growth this year: Economic Survey

Digital deals, R&D spends aid IT sector clock 15.5% growth in FY22: Economic Survey 22-23

Sensex ends choppy day 170 pts up, Nifty at 17,650; IT stocks lead gains

Kotak It 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

Union Budget underscores role of digital, tech in development: Nasscom

Job growth in Indian IT sector declines 25% over corrections in hiring

Information Technology shares edge higher

Brightcom Group Ltd Spurts 4.88%

How market participants rated Nirmala Sitharaman’s Budget

Navneet Education Ltd spurts 2.66%, rises for third straight session

Firms adopt ChatGPT to develop solutions

Despite COVID resilience, IT industry to see muted growth this year: Economic Survey

Digital deals, R&D spends aid IT sector clock 15.5% growth in FY22: Economic Survey 22-23

Sensex ends choppy day 170 pts up, Nifty at 17,650; IT stocks lead gains

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