Current price is close to the real time NAV

Less expense ratio implies better returns over the long term

Expense Ratio

ETF has been able to closely match its benchmark's returns

Tracking Error

ETF has been generating better price return than bank FD

Return vs FD Rates

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

Entry Point

Nifty crossed the 200-Day Simple Moving Average (23,860) but couldnt sustain, forming a Doji candle on the daily chart. The weekly chart shows an inside bar pattern, signaling strong demand near 23,500-23,540, with 23,860 acting as a key resistance.

Tech View: Nifty forms Doji candle but crosses 200-DMA? What traders should do on Monday

On Friday, Indian benchmark indices had a volatile session, but despite some ups and downs, they managed to close slightly higher. The S&P BSE Sensex settled at 78,699, marking an increase of 226.6 points, which is a rise of 0.29%. The broader Nifty 50 index followed suit, closing at 23,813.40, up by 63.20 points or 0.27%.

ET Market Watch: Nifty & Sensex close higher, pharma, auto stocks lead gains | The Economic Times Podcast

EPFO consistently invests in equity markets through Exchange Traded Funds (ETFs) that mirror the performance of the BSE-SENSEX and NSE NIFTY-50 indices.

EPFO news: How did EPFO invest provident fund money in the last 5 years? Govt shares breakup

January typically tends to be a slower month according to the past decade’s seasonality, with Nifty often closing in the red 70 per cent of the time.

Sensex, Nifty today: Why stock market is up; January outlook

In the Nifty50 index, 29 stocks closed in the green, while 21 stocks ended in the red.

Sensex rises! These stocks rallied over 15% on BSE in today’s trade

The NSE Nifty index closed 63.21 points up at 23813.4

Share market update: Most active stocks in today’s market in terms of volume

Sensex, Nifty updates on 27 December 2024 - The 30-share BSE Sensex climbed 226.59 points or 0.29 per cent to settle at 78,699.07, while the NSE Nifty went up by 63.20 points or 0.27 per cent to 23,813.40. Meanwhile, the rupee, after its steepest intraday fall in almost two years to 85.80 at midday trading today, closed at 85.50 against the US dollar, hitting a fresh record low.

Share Market Highlights 27 December 2024: Sensex rises 226 pts to close at 78,699, Nifty ends above 23,800; Dr Reddy’s, IndusInd top gainers

Share market update: Most active stocks of the day in terms of traded value

Sensex and Nifty rise on bank and auto stock buying, global markets mixed, FIIs sell equities.

Markets settle higher on buying in bank, auto stocks

Indian benchmark indices saw a volatile session but closed slightly higher on Friday, starting the January series modestly. Sensex ended at 78,699, while Nifty 50 closed at 23,813.40. Top gainers included Mahindra & Mahindra and IndusInd Bank. A mixed performance was observed in Asian markets, and oil prices rose slightly with a stronger U.S. dollar capping gains.

Market Wrap: D-Street pares early gains, ends higher, Sensex closes 226 points up, Nifty above 23,800

The NSE Nifty 50 ended 63.20 points or 0.27% higher at 23,813.40, and the BSE Sensex closed 226.59 points or 0.29% up at 78,699.07.

Nifty Top Gainers And Losers On Dec. 27: From Dr Reddy’s, IndusInd Bank To Coal India

Mirae Asset Nifty 50 ETF objective is to generate returns, before expenses, that are commensurate with the performance of the Nifty 50 Index, subject to tracking error