Current price is far from 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

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

Return vs FD Rates

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

Entry Point

In the Union Budget presented in February, Finance Minister Nirmala Sitharaman had announced the privatisation of two public sector banks (PSBs) as part of its disinvestment plan.

Bank employee associations plns to fight against government plan to privatise public sector banks

The strike has been called to protest against the Centre’s plan to privatise public sector banks

Two-day bank strike from December 16

The government has already privatised IDBI Bank by selling its majority stake in the lender to LIC in 2019 and merged 14 public sector banks in the past four years.

Bank unions threaten two-day nationwide strike against proposed PSB privatisation

In the budget speech of 2021, Union Finance Minister Nirmala Sitharaman had said that two public sector banks will be privatised during the current fiscal

Privatisation of PSBs: Two-day bank strike from December 16

Weighted average lending rates for outstanding rupee loans of commercial banks fell 96 basis points- bps (one basis point is 0.01 per cent) between March 2020 and October 21, data released by the RBI indicates.

Private sector banks lower lending rates more than PSU Banks during the pandemic

The scope of banking is much more than can be read from the current rate of credit growth to industry, which has only picked up to 4.1% in October 2021 from a contraction of 0.7% a year ago

Despite privatisation of PSU banks, low-cost banking needs digital approach

Quick Wrap: Nifty PSU Bank Index records a surge of 2.66%, NIFTY climbs 1.08%

Nifty ends the day 1.08% higher at Rs 17,166.90
Nifty Bank up over 650 points (~2%). IndusInd Bank, RBL top the chart
Nifty Pharma, Healthcare & Consumer Durables end the day in the red
PSU Banks charged up. Union Bank up 6.16%, Canara Bank up 4%
Metal stocks shine: JSW Steel up ~5%, NMDC & Hindustan Copper up over 3% each
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Nifty ends the day 1.08% higher at Rs 17,166.90 | Market Wrap

Bank Holidays in December, 2021: All private and public sector banks will remain closed for up to 12 days in December, including Christmas. Check bank holidays 2021, Bank holidays in december, bank news on news18.com

Bank Holidays in December 2021: Banks to Be Shut for 12 Days this Month. Know Dates

Usage under the Jan Dhan scheme and push by the government for PSU banks to use RuPay have led to a jump in its market share. However, RuPay continues to lag in the credit card market and forms a small share of the volume and value of card transactions in India.

Why Has RuPay Rattled Visa And MasterCard?

Broader markets ended mixed on another volatile day of trade. The BSE midcap index was up 0.4 percent and the smallcap index closed 0.2 percent lower

Taking Stock | Market Ends Flat Amid Volatility; Metal, PSU Banks Drag

Kotak PSU Bank ETF objective is to provide returns that closely correspond to the total returns of CNX PSU Bank Index, subject to tracking errors

Kotak Nifty PSU Bank ETF

Average daily traded value of the ETF is high

Kotak Nifty PSU Bank ETF

Kotak Nifty PSU Bank 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

Bank employee associations plns to fight against government plan to privatise public sector banks

Two-day bank strike from December 16

Bank unions threaten two-day nationwide strike against proposed PSB privatisation

Privatisation of PSBs: Two-day bank strike from December 16

Private sector banks lower lending rates more than PSU Banks during the pandemic

Despite privatisation of PSU banks, low-cost banking needs digital approach

Quick Wrap: Nifty PSU Bank Index records a surge of 2.66%, NIFTY climbs 1.08%

News Video

Nifty ends the day 1.08% higher at Rs 17,166.90 | Market Wrap

Bank Holidays in December 2021: Banks to Be Shut for 12 Days this Month. Know Dates

Why Has RuPay Rattled Visa And MasterCard?

Kotak Nifty PSU Bank 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

Bank employee associations plns to fight against government plan to privatise public sector banks

Two-day bank strike from December 16

Bank unions threaten two-day nationwide strike against proposed PSB privatisation

Privatisation of PSBs: Two-day bank strike from December 16

Private sector banks lower lending rates more than PSU Banks during the pandemic

Despite privatisation of PSU banks, low-cost banking needs digital approach

Quick Wrap: Nifty PSU Bank Index records a surge of 2.66%, NIFTY climbs 1.08%

News Video

Nifty ends the day 1.08% higher at Rs 17,166.90 | Market Wrap

Bank Holidays in December 2021: Banks to Be Shut for 12 Days this Month. Know Dates

Why Has RuPay Rattled Visa And MasterCard?

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