Current price is far from 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

Indian headline indices ended Monday in the green riding on the performance of consumer and auto stocks. Individually, Reliance Industries (RIL) and Infosys were biggest contributors to the gains. While the S&P BSE Sensex settled at 80,248.08, up by 445.29 or 0.56%, the broader Nifty50 closed at 24,276.05, higher by 144.95 or 0.6%. Nifty continues to trade between 24,100 and 24,500 levels and in its currently smaller time frame, can be used for buy on the dips trade until it reaches the 24,500 level, Dr. Praveen Dwarakanath, Vice President at Hedged.in said. “The momentum indicators in the daily chart show the upside move is picking up momentum in the index. The immediate resistance for the index is at the 24,500 level and its support is at the 24,100 level. The index is trading above the 20 EMA, suggesting bullishness at the present level,” he said. Stock Ideas

Market Trading Guide: Affle, Voltas among 5 stock recommendations for Tuesday - Stock Ideas

Indian market closed in the green on Monday for the second consecutive day. The S&P BSE Sensex rose over 400 points while the Nifty50 closed above 24,200. Market Wrap

Breakout Stocks: How to trade Dixon Technologies, CAMS and Info Edge on Tuesday - Market Wrap

The Nifty index has increased by approximately 8% in the current calendar year, while many mutual fund schemes have experienced double-digit growth in CY24 to date. In today’s Mutual Fund Analysis, ETMarkets showcases the top six equity mutual fund schemes that have posted over 40% growth in CY24 so far. Additionally, we have conducted an in-depth analysis, identifying the top five performing stocks from each scheme in 2024 thus far. It’s worth noting that ETFs are not included in this analysis. (Data Source: ACE MF, ACE Equity) Growth Leaders

Top 6 high-performing equity MF schemes of CY24 and their winning picks - Growth Leaders

The EPFO regularly invests in equity markets through ETFs replicating BSE-Sensex and NSE NIFTY-50 indices.

EPFO Invests Rs 34,208 Crore In ETFs Between April And October

Mondays market activity indicates that weak GDP data had already been factored in, with traders now shifting their attention to the RBIs upcoming monetary policy decision and potential rate action later this week, according to Gaurav Garg, Research Analyst at Lemonn. While a pause on rate cuts is broadly expected due to inflation concerns, he noted that the policy guidance is likely to take centre stage for market participants.

Tech View: Nifty forms Bullish Harami pattern on the daily timeframe. How to trade on Tuesday

Jinesh Gopani, CIO of Taksh AMC, believes that government capex will pick up from January.

Nifty, Sensex To Hibernate Until Earnings Improve, Says Market Veteran

The NSE Nifty 50 index showed resilience at 24,000, with analysts forecasting a potential uptrend if the index sustains above 24,365, driven by broader market recovery.

Trade Setup For Dec. 3: Nifty 50’s Immediate Support Is Seen Near 24,000

The S&P BSE Sensex ended the session at 80,248.08, gaining 445.29 points or 0.56%, while the Nifty50 closed at 24,276.05, up 144.95 points or 0.6%.

Gainers & Losers: Adani Green, Ola Electric among 5 stocks that moved most on Monday

The NSE Nifty index closed 144.96 points up at 24276.05

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

The scheme aims to deliver long-term capital growth through an actively managed portfolio of equities and equity-linked securities of companies operating in consumption and related sectors. It will benchmark its performance against the Nifty India Consumption TRI and will be managed by Nitin Gosar.

NFO Alert: Bank of India Mutual Fund launches consumption fund

In the Nifty50 index, 33 stocks closed in the green, while 17 stocks ended in the red.

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

NIPPON INDIA ETF Nifty BeES objective is to provide returns before expenses that closely correspond to the total returns of the S&P CNX Nifty Index subject to tracking errors