Product logo
  • Home
  • Sign Up
Product logo

SBI Nifty Bank ETF

News

Switch to
Share
    Home
    Sign Up

    SBI Nifty Bank ETF

    SETFNIFBKETF
    342.646.58 (+1.96%)

    Tracking Nifty Bank 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 been able to closely match its benchmark's 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

    ETF has not been able to generate better price return than bank FD

    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

    Get your Zerodha accountOpen Now
    OverviewPeersNewsEvents
    732

    News & Opinions

    732
    Articles & Videos
    News Thumbnail
    Latest

    Taking Stock | Last hour selling drags indices; Sensex, Nifty lost 2% in April

    2 hours ago•Moneycontrol

    News Thumbnail
    Latest

    Bandhan Bank shares on a roll post Q4 results! What should investors do?

    2 hours ago•Business Today

    News Thumbnail
    Latest

    Trade setup for Tuesday: Top 15 things to know before Opening Bell

    21 hours ago•Moneycontrol

    News Thumbnail

    Sensex, Nifty Snap Six-Day Losing Streak Aided By Auto, Power, Banking Stocks

    1 day ago•Bloomberg Quint

    News Thumbnail

    Indian banks’ bumper profits don’t show economic scars

    1 day ago•Moneycontrol

    News Thumbnail

    Will we have a Bullish Reversal in Nifty, Bank Nifty and Paytm?

    1 day ago•Investing.com

    News Thumbnail

    Bank Stocks in Focus on Monday: SBI, Bank of Baroda, Bandhan Bank & More

    1 day ago•Investing.com

    News Thumbnail

    Rakesh Jhunjhunwala portfolio: Experts recommend buy on this below ₹100 stock

    3 days ago•Livemint

    News Thumbnail

    Indian Banks’ Association upbeat on July rollout of Digital Banking Units

    3 days ago•Economic Times

    News Thumbnail

    Here’s why RBL Bank shares zoomed over 13% today

    4 days ago•Business Today

    © Powered byTickertape.ViewSETFNIFBKon 

    EmailHelpBlog

    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