Current price is far from the real time NAV

Less expense ratio implies better returns over the long term

Expense Ratio

ETF has not been able to closely match its benchmark returns

Tracking Error

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

Return vs FD Rates

Good time to consider, as ETF is not in overbought zone

Entry Point

‘Structural issues to cap stock returns’

‘PSU banks’ bad-loan additions may moderate’

The combination of low valuations and expected improvement in financials due to lowering credit cost is driving interest

PSU banks stage a comeback as tactical picks on sustained performance

The bank employees and officers, under the aegis of the United Forum of Bank Unions (UFBU), will go on a two-day strike on March 15 and 16 opposing privatisation of public sector banks.Addressing a pr

Bank staff to go on strike on March 15, 16

Shares of Dilip Buildcon soared over 7 per cent to Rs 703.70 after the company received an order worth Rs 36,419.07 crore for developing a coal mine. The tenure of contract is for 25 years.

Market Movers: What led to rally in Dilip Buildcon; PSU banks, RIL give sell signals

Nifty Private Bank traded at 19,275.40 down by 0.8%, while Nifty PSU Bank performed at 2,465.10 higher by 0.4%.

Banking stocks on hotbed as heavyweights Axis Bank, HDFC Bank, ICICI Bank, SBI drags; Nifty Bank dips 1%

Weeks after upgrading State Bank of India’s target share price, global brokerage firm Morgan Stanley has now upgraded other two large PSU bank stocks to ‘equal weight’.

PNB, Bank of Baroda shares upgraded: Morgan Stanley raises more PSU bank target prices after SBI

​Analysts said a bulk of the flows into banking may have gone into PSU banks where FPI ownership is at a multi-year low.

60% of overseas inflows into Dalal Street focused on financials in Feb

Morgan Stanley wrote a note on PSU Banks where they believe significant improvements are being seen as banks' balance sheets have improved. They say that the banks' balance sheets have improved, and say bad loans formation should moderate going forward. At this point, they prefer SBI; as they see continued structural challenges at others, limiting re-rating. Valuations, however, are cheap, and hence they upgrade BOB/PNB to EW. Over the past few years, Morgan Stanley says SOE banks have seen significant capital infusion by the government, lower RWA density, higher provisioning and some large recoveries. They believe that there could be near term upside but we prefer large private banks and SBI to play the corporate recovery cycle.

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MS on India PSU Banks | Prefer SBI, but valuations are attractive

Canara Bank is quoting at Rs 170, up 2.53% on the day as on 12:49 IST on the NSE. The stock is up 22.21% in last one year as compared to a 34.75% spurt in NIFTY and a 30.54% spurt in the Nifty PSU Bank index.

Canara Bank jumps 2.53%

Canara Bank soars 2.53%, rises for third straight session

Morgan Stanley has a target of Rs 600 on SBI, which means a 52 per cent upside from the current level.

Morgan Stanley upgrades two PSU banks, sees limited upside in others

Kotak PSU Bank ETF objective is to provide returns that closely correspond to the total returns of CNX PSU Bank Index, subject to tracking errors

Kotak Nifty PSU Bank ETF

Average daily traded value of the ETF is high

Kotak Nifty PSU Bank ETF

Kotak Nifty PSU Bank ETF

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

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

News & Opinions

‘PSU banks’ bad-loan additions may moderate’

PSU banks stage a comeback as tactical picks on sustained performance

Bank staff to go on strike on March 15, 16

Market Movers: What led to rally in Dilip Buildcon; PSU banks, RIL give sell signals

Banking stocks on hotbed as heavyweights Axis Bank, HDFC Bank, ICICI Bank, SBI drags; Nifty Bank dips 1%

PNB, Bank of Baroda shares upgraded: Morgan Stanley raises more PSU bank target prices after SBI

60% of overseas inflows into Dalal Street focused on financials in Feb

News Video

MS on India PSU Banks | Prefer SBI, but valuations are attractive

Canara Bank jumps 2.53%

Canara Bank soars 2.53%, rises for third straight session

Kotak Nifty PSU Bank ETF

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

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

News & Opinions

‘PSU banks’ bad-loan additions may moderate’

PSU banks stage a comeback as tactical picks on sustained performance

Bank staff to go on strike on March 15, 16

Market Movers: What led to rally in Dilip Buildcon; PSU banks, RIL give sell signals

Banking stocks on hotbed as heavyweights Axis Bank, HDFC Bank, ICICI Bank, SBI drags; Nifty Bank dips 1%

PNB, Bank of Baroda shares upgraded: Morgan Stanley raises more PSU bank target prices after SBI

60% of overseas inflows into Dalal Street focused on financials in Feb

News Video

MS on India PSU Banks | Prefer SBI, but valuations are attractive

Canara Bank jumps 2.53%

Canara Bank soars 2.53%, rises for third straight session

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

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