appTracking Nifty Private 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
Good time to consider, as ETF is not in overbought zone
News & Opinions
Traders can adopt ‘buy-on-dips’ strategy for Nifty Pvt Bank: Ravi Nathani
1 day ago•Business Standard
US stocks end higher as major banks shore up First Republic - Times of India
5 days ago•Times of India
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6 days ago•Economic Times
Bajaj Finance shares get ‘sell’ call from Ambit Capital; 16% downside ahead, says brokerage
1 week ago•Business Today
News Video
Decoding banks' exposure to Adani stocks
2 weeks ago•The Economic Times
Sticking with high PE and low growth stocks is a recipe for trouble: Ajay Srivastava
2 weeks ago•Economic Times
Private banks woo youngsters with the promise of job-assured courses
2 weeks ago•The Hindu Businessline
Here’s why Ravi Nathani is bullish on Nifty Private Bank, PSU Bank indices
3 weeks ago•Business Standard
Deposits by public sector banks up 8.8% in December quarter: RBI data
3 weeks ago•Business Standard
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!
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