appTracking Nifty IT 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 not been able to generate 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
Insufficient Data
UTI Nifty IT ETF
NIFITETFTracking Nifty IT Index
Price Chart
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!
Insufficient Data
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 not been able to generate 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
Insufficient Data
Key Metrics
AMC profile
UTI AMC commenced operations from February 1, 2003. It has been promoted by four sponsors, namely, SBI, Life Insurance Corporation of India, Bank of Baroda and Punjab National Bank and each of them hold 25% of the paid up capital of UTI AMC.
PeersCompare with peers
Nippon India ETF Nifty IT
ICICI Prudential Nifty IT ETF
Mirae Asset Nifty IT ETF
Kotak Nifty IT ETF
Axis NIFTY IT ETF
Get more out of Tickertape, Go Pro!
Unlock exclusive stocks’ data & unlimited access with Tickertape Pro
Recent NewsAll news
Share Market Highlights 15 January 2024: Sensex gains 224 points; rupee sees best single-day rise in 7 months
28 minutes ago•The Hindu Businessline
Ready for a comeback: 5 IT stocks with upside potential more than 30% in 1 year
4 hours ago•Economic Times
Stock market update: Nifty IT index 0.46% in an upbeat market
5 hours ago•Economic Times
Recent EventsAll events
Updates HCLTECH
HCL Technologies Limited has informed the Exchange regarding 'Release - Vodafone Idea Partners with HCLSoftware to Automate 4G and 5G Networks '. | Download
HCL Technologies Limited has informed the Exchange regarding 'Release - Vodafone Idea Partners with HCLSoftware to Automate 4G and 5G Networks '. | Download
Press Release TCS
Tata Consultancy Services Limited has informed the Exchange regarding a press release dated January 14, 2025, titled "2025 to be the year of electric vehicles: 64% of Consumers Likely to Choose EV as Their Next Vehicle, reveals TCS global Study". | Download
Tata Consultancy Services Limited has informed the Exchange regarding a press release dated January 14, 2025, titled "2025 to be the year of electric vehicles: 64% of Consumers Likely to Choose EV as Their Next Vehicle, reveals TCS global Study". | Download
Cash Dividend TECHM
Interim • Div/Share: ₹ 15
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!
Insufficient Data