Tracking Nifty 100 Index
Less expense ratio implies better returns over the long term
ETF has not been able to closely match its benchmark returns
ETF has been generating better price return than bank FD
Good time to consider, as ETF is not in overbought zone
LIC Mutual Fund was established on 20th April 1989 by LIC of India. Its current Asset under Management (AUM) surpasses Rs.14 crore.
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Final • Div/Share: ₹ 2
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!