appTracking Nifty PSU 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 not been able to closely match its benchmark 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
Not a good time to invest, ETF is in overbought zone
News & Opinions
News Video
Indices Hit Fresh Peaks For 2nd Day! Sensex Breaches 69000, Nifty At 20855 | Closing Trades
1 day ago•ET NOW
Indian Banking Sector - Rerating Opportunities Amongst Undervalued Large Cap Banks: Systematix
1 day ago•Bloomberg Quint
News Video
Don’t Expect Huge Divergence In Performance Of PSU Banks Vs Private Banks Going Ahead: Motilal Oswal
1 day ago•CNBC-TV18
Latest FD Rates 2023: BoB vs BOI vs SBI Fixed Deposit Interest Rates Compared
4 days ago•Zee News
News Video
Sanjiv Bhasin: Bullish Outlook On Markets, Tata Tech's IPO And Banking Comeback | ET Now
6 days ago•ET NOW
Daily Voice | Investors should focus on banks with lower costs of funds, says this CIO
6 days ago•Moneycontrol
News Video
Vikas Khemani’s Stock Picks: बाजार को लेकर Bullish नजरिया, PSU Banks की दिक्कतें हुईं दूर
1 week ago•CNBC Awaaz.
News Video
Why Employee Headcount At PSU Banks Are Dwindling | BQ Prime
2 weeks ago•BQ Prime
FinMin Asks PSU Banks To Take Measures To Strengthen Cybersecurity - News18
2 weeks ago•News18
News Video
SBI Chairman Dinesh Khara Exclusive Interview: PSU Banks के सुधरेंगे Valuation? | CNBC Awaaz
3 weeks ago•CNBC Awaaz.
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