appTracking Nifty Bank Index
Expense RatioETFs 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 ErrorTracking 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 been able to closely match its benchmark's returns
Return vs FD RatesFixed 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 been generating better price return than bank FD
Entry PointHigh 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
News & Opinions
Markets eke out gains ahead of US Fed rate decision; banking stocks rise
2 hours ago•Business Standard
News Video
Nifty-Bank Nifty Strategy LIVE | आज किन Stocks पर हैं Experts की खास नजर ? पाएं उनकी सटीक सलाह
8 hours ago•CNBC Awaaz.
News Video
Share Bazaar LIVE Updates | Nifty Strategy | Bank Nifty Strategy | Share Market | Mar 22 |CNBC Awaaz
11 hours ago•CNBC Awaaz.
Bandhan Bank shares gain 3.8% as Sensex rises
16 hours ago•Economic Times
Stocks to Watch: Tata Motors, IOC, Hind Zinc, Sonata Software, Bandhan Bank
18 hours ago•Business Standard
Asia shares hope for best as Fed decides on rates
18 hours ago•Economic Times
Asia rallies as S&P 500 tops 200-DMA and oil surges, eye on FOMC tonight
19 hours ago•Moneycontrol
Bank Nifty Shines & Lifts the Sentiment as Nifty Reclaims 17100+
1 day ago•Investing.com
Indian banks can endure global banking turmoil fallout: S&P Global Ratings
1 day ago•Business Standard
Indian banks can endure global banking turmoil fallout-S&P
1 day ago•Economic Times
NAVThe 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