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Kotak PSU Bank ETF

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    Kotak PSU Bank ETF

    KOTAKPSUBKETF
    369.003.79 (+1.04%)

    Tracking Nifty PSU Bank Index

    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

    Not a good time to invest, ETF is in overbought zone

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    Latest

    ‘If State Bank of India goes down...’: Aswath Damodaran explains why big public sector banks matter the most

    31 minutes ago•Business Today

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    Barring more three-sigma events, next 12 months, Indian market will do well: Chakri Lokapriya

    8 hours ago•Economic Times

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    Finance ministry to launch three-month campaign to boost micro-insurance

    1 day ago•Business Standard

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    Govt Asks Public Sector Banks To Focus On Stress Testing Methods: Report

    4 days ago•News18

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    Reliance Industries completes Sintex Textiles acquisition

    4 days ago•Economic Times

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    PSU bank stocks deliver up to 96% return in FY23. Will the magic repeat in next fiscal?

    4 days ago•Economic Times

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    Public sector banks wrote off ₹91,000 cr in 9 months of FY23

    4 days ago•The Hindu Businessline

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    PSU banks recover 14% of written-off loans in last 5 years: FM Sitharaman

    4 days ago•Business Standard

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    PSU banks recover 14 pc of written-off loans in last 5 years: Nirmala Sitharaman

    5 days ago•Economic Times

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    FinMin asks PSU banks to do proper monitoring of loans

    5 days ago•Economic Times

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    NSE & BSE – SEBI Registration No: INZ000031633 | CDSL - SEBI  Registration No: IN-DP-431-2019

    Zerodha - NSE & BSE – SEBI Reg. No.: INZ000031633
    Zerodha - CDSL - SEBI Reg. No: IN-DP-431-2019