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

Sensex and Nifty stayed on the back foot for the second straight session on June 9 as investors offloaded FMCG, IT and tech stocks

Market benchmarks slip for second day; FMCG, IT stocks drag

Indian shares experienced minimal movement on Friday, as a decline in high-weightage IT stocks countered the positive sentiment stemming from the increased likelihood of a rate pause by the U.S. Federal Reserve.

Sensex, Nifty trade flat as IT slide offsets Fed pause optimism

Hence, a gradual uptrend or in the form of a burst mode of up moves with each passing quarterly earnings may be observed in the markets parallel to the increase in corporate earnings, which are expected to be 11-12% kind of growth for this year.

ETMarkets Fund Manager Talk : Despite a cautious outlook for IT sector, this smallcase manager is betting on mid-tier stocks

The Indian IT industry earns around 40% of its revenue from BFSI solutions and is already facing a slowdown in deal closure cycles amid macroeconomic concerns that are hurting the global banking sector.

Slow BFSI spending to hurt deal closures for IT services companies

Vijay Kedia has been holding on to a pharma stock Neuland Laboratories since December quarter of 2019. During this period, the stock has had a rollercoaster ride. Kedia bought the stock when it was in the Rs 300-400 range.

Vijay Kedia on why he sold 2 IT stocks; his temptation to sell shares & pharma scrip that tested his patience

Wipro, Infosys, TCS: The Indian IT sector is facing a situation – a corridor of uncertainty – akin to the first session of play in a game of cricket. It refers to an area wherein a batsman struggles the most to play a ball.

Wipro, TCS, Infosys shares: IT sector plays tricky session of cricket. Will it pass the test?

The Nifty IT index closed 0.78 per cent up at 28913.7.

Stock market update: Nifty IT index advances 0.78%

IT Industry Slowdown: Permanent jobs in the IT sector have seen a reduction of 5% this year as compared to last year, while the number of gig workers has increased by 40%

6 out of 10 IT firms hiring more gig workers as industry sees slowdown

Kotak Mahindra Asset Management Company is cautious on global-facing sectors such as metals and IT but says domestic growth is more resilient. It is upbeat on banks, industrials and auto among other sectors

Daily Voice | Next 2 quarters likely to be challenging for IT sector, says Shibani Kurian of Kotak Mahindra AMC

Analysts though expect the demand to revive in the second half of 2023-24 as deal pipelines remain strong and there would be additional business from cost-optimisation initiatives that will benefit the Indian IT sector.

SaaS, digital firms’ projections indicate weak Q1 for Indian IT firms

Information technology stocks came under heavy pressure on Tuesday after US-based EPAM Systems cut its current quarter and full-year revenue and profit outlook.

EPAM Systems scare bruises IT stocks

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

Market benchmarks slip for second day; FMCG, IT stocks drag

Sensex, Nifty trade flat as IT slide offsets Fed pause optimism

ETMarkets Fund Manager Talk : Despite a cautious outlook for IT sector, this smallcase manager is betting on mid-tier stocks

Slow BFSI spending to hurt deal closures for IT services companies

Vijay Kedia on why he sold 2 IT stocks; his temptation to sell shares & pharma scrip that tested his patience

Wipro, TCS, Infosys shares: IT sector plays tricky session of cricket. Will it pass the test?

Stock market update: Nifty IT index advances 0.78%

6 out of 10 IT firms hiring more gig workers as industry sees slowdown

Daily Voice | Next 2 quarters likely to be challenging for IT sector, says Shibani Kurian of Kotak Mahindra AMC

SaaS, digital firms’ projections indicate weak Q1 for Indian IT firms

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

Market benchmarks slip for second day; FMCG, IT stocks drag

Sensex, Nifty trade flat as IT slide offsets Fed pause optimism

ETMarkets Fund Manager Talk : Despite a cautious outlook for IT sector, this smallcase manager is betting on mid-tier stocks

Slow BFSI spending to hurt deal closures for IT services companies

Vijay Kedia on why he sold 2 IT stocks; his temptation to sell shares & pharma scrip that tested his patience

Wipro, TCS, Infosys shares: IT sector plays tricky session of cricket. Will it pass the test?

Stock market update: Nifty IT index advances 0.78%

6 out of 10 IT firms hiring more gig workers as industry sees slowdown

Daily Voice | Next 2 quarters likely to be challenging for IT sector, says Shibani Kurian of Kotak Mahindra AMC

SaaS, digital firms’ projections indicate weak Q1 for Indian IT firms

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