appTracking Nifty Bank Index
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 not been able to closely match its benchmark 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
ETF has been generating better price return than bank 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
Good time to consider, as ETF is not in overbought zone
News & Opinions
News Video
Business News Live | Nifty & Nifty Bank Strategy | Share Market Live Updates | CNBC Awaaz Live
13 hours ago•CNBC Awaaz.
Nifty Bank zooms 3,000 pts since last RBI policy; what will happen this time?
16 hours ago•Economic Times
ETMarkets Smart Talk: Why are FMCG stocks trading at record highs? Kaizad Hozdar explains
18 hours ago•Economic Times
Axis Bank Hits New 52-Week High, Stock Outperforms Peers and Nifty Bank
22 hours ago•Investing.com
Wall Street Stocks End Higher as Regional Bank Shares Rally
1 day ago•News18
News Video
Zee Business Live | Top news | Nifty Bank F&O expiry | Stock Market News | Bazaar Aaj Aur kal
1 day ago•Zee Business
NSE, BSE battle it out for equity derivative market
1 day ago•The Hindu Businessline
Nifty Bank weekly, monthly F&O contracts to expire on Fridays from July 14
1 day ago•Business Today
Nifty Bank F&O contracts to expire on Fridays: Impact on traders, turnover
1 day ago•Business Today
‘Stock markets have turned into a casino’: NSE faces flak from netizens for changing Bank Nifty F&O expiry day
1 day ago•Business Today
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