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ICICI Prudential Nifty IT ETF

ITIETFETF
35.300.51% (-0.18)

Tracking Nifty IT 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 been generating 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

OverviewPeersNewsEvents

News & Opinions

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Aniruddha Garg's Multibagger Stock Picking: बाजार में बड़ी मंदी का खतरा नहीं | Nifty IT | Business

3 days ago•CNBC Awaaz.

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IT Sector Can Perform Better In Second Half Of FY25: ASK Hedge Solutions CEO

4 days ago•Bloomberg Quint

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Latest

TCS Q4 Results Review - FY25 To Be Better But Not By Much: Nirmal Bang

5 days ago•Bloomberg Quint

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TCS Q4 Results Expectation: आज आएंगे IT दिग्गज के नतीजे, $ आए में 1.6% की बढ़त संभव | Nifty IT

1 week ago•CNBC Awaaz.

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IT Stocks Under Radar | बाजार के Momentum का आईटी Sector पर पड़ेगा कोई असर? | Vaibhav Sanghavi

1 week ago•CNBC Awaaz.

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Vaibhav Sanghavi’s Stock Picks: Nifty IT को लेकर क्या बाजार Positive है? | Q4 Updates | Nifty Metal

1 week ago•CNBC Awaaz.

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IT Sector Bottom Out Prediction | Earnings से पहले IT Stocks दिखाएंगे कमाल? | Vaibhav Sanghavi

1 week ago•CNBC Awaaz.

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Infosys Gains 2% As BofA Sees 18% Further Upside; See Target Price - News18

1 week ago•News18

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Why Thierry Delaporte resigned as Wipro’s CEO

1 week ago•Mint

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Deven Choksey's Stock Picks | क्यों IT Sector में बढ़ने लगी दिक्कतें? Exit का है सही वक्त? | Business

2 weeks ago•CNBC Awaaz.