Kotak Nifty PSU Bank ETF

KOTAKPSUBKETF
246.903.71 (+1.53%)

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 far from 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

OverviewPeersNewsEvents

News & Opinions

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Latest

Public sector banks shut down 2,044 branches in FY22, says AIBEA report

15 hours ago•Business Standard

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Latest

Banking frauds of over ₹100 crore see significant decline in FY′22

16 hours ago•The Hindu

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Latest

Banking frauds of over Rs 100 crore see significant decline in FY22

21 hours ago•Business Today

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ECLGS: Loans worth Rs 3.32 lakh crore sanctioned to MSMEs, others till April 2022, shows RBI report | The Financial Express

23 hours ago•Financial Express

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Banking frauds of over Rs 100 cr see significant decline in FY’22 | The Financial Express

1 day ago•Financial Express

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Banks witness decline in fraud cases in 2021-22. Details here

1 day ago•Livemint

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Public sector banks shut down 2,044 branches in FY22: AIBEA

1 day ago•Investing.com

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Bank rate transmissions quicker under external benchmark regime

2 days ago•Economic Times

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Women improve their share in both bank deposits as well as credit

3 days ago•Economic Times

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Private sector banks aggressively lend to MSMEs, according to RBI’s latest FSR

3 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