Kotak Nifty PSU Bank ETF

KOTAKPSUBK
ETF

Tracking Nifty PSU Bank Index

ETFEquity
Sectoral : PSU Banks
Medium LiquidityAverage daily traded value of the ETF is medium
246.494.04 (+1.67%)

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Investment Checklist

NAV
The 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 Ratio
ETFs 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 Error
Tracking 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 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

ETF has not been able to generate better price return than bank 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

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

ETFEquity
Sectoral : PSU Banks
Medium LiquidityAverage daily traded value of the ETF is medium

Key Metrics

Realtime NAVRealtime NAV
₹ 245.73
AUMAUM
₹ 275.10cr
Expense RatioExpense Ratio
0.49%
Sector Expense RatioSctr Expense Ratio
0.24%
Tracking ErrorTracking Error
0.11%
Sector Tracking ErrorSctr Tracking Error
0.32%

AMC profile

Kotak Mahindra Asset Management Company Limited (KMAMC), a wholly owned subsidiary of Kotak Mahindra bank Limited (KMBL), is the Asset Manager for Kotak Mahindra Mutual Fund (KMMF). KMAMC has approximately 21 Lac investors in various schemes.

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Recent EventsAll events 

Newspaper Advertisements PNB
Announced OnMay 26, 2022

Punjab National Bank has informed the Exchange about Newspaper Advertisements of Intimation_loss_Public_notice_26052022 | Download

Punjab National Bank has informed the Exchange about Newspaper Advertisements of Intimation_loss_Public_notice_26052022 | Download

Book Closure UNIONBANK
Announced OnMay 26, 2022

Union Bank of India has informed the Exchange that Register of Members & Share Transfer Books of the Company will remain closed from 24-Jun-2022 to 30-Jun-2022 for the purpose of Dividend. | Download

Union Bank of India has informed the Exchange that Register of Members & Share Transfer Books of the Company will remain closed from 24-Jun-2022 to 30-Jun-2022 for the purpose of Dividend. | Download

Cash Dividend SBIN
Ex. DateMay 25, 2022

Final • Div/Share: ₹ 7.1

See all events