Tracking Nifty 1D Rate Index
Less expense ratio implies better returns over the long term
ETF has been able to closely match its benchmark's returns
ETF has not been able to generate better price return than bank FD
Good time to consider, as ETF is not in overbought zone
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!