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Nippon India ETF Nifty IT

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    Nippon India ETF Nifty IT

    ITBEESETF
    29.160.01 (-0.03%)

    Tracking Nifty IT 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

    Insufficient Data

    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

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    News & Opinions

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    Articles & Videos
    News Thumbnail
    Latest

    Accenture results signal growth impact in FY24, larger firms to benefit

    8 hours ago•Economic Times

    News Thumbnail
    Latest

    Despite layoffs, Accenture Q2 outlook a relief for IT companies

    14 hours ago•Business Standard

    News Thumbnail
    Latest

    Sensex tests 58k, Nifty holds 17,000; IT stocks shine; Campus Activewear drops 6%

    20 hours ago•Business Today

    News Thumbnail

    Infosys veteran’s tips for freshers entering IT industry in a time of layoffs

    21 hours ago•Economic Times

    News Thumbnail

    Wait for Nifty IT index to move beyond 28600 for a recovery up to 30000: Sudeep Shah

    23 hours ago•Economic Times

    News Thumbnail

    Infosys vs TCS vs HCL Tech vs Wipro: IT Stocks Gain Post Accenture Q2 Results; Here’s What Analysts’ Prefer

    1 day ago•News18

    News Thumbnail

    What do brokerages say on the Indian IT sector after Accenture’s better-than-expected results?

    1 day ago•Moneycontrol

    News Thumbnail

    Information Technology shares edge higher

    1 day ago•Business Standard

    News Thumbnail

    Moschip Technologies Ltd Surges 3.48%, S&P BSE IT Sector index Gains 1.42%

    1 day ago•Business Standard

    News Thumbnail

    Accumulate IT stocks over the next few months with a 2-3-year view: Pankaj Murarka

    1 day 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