Nippon India Nifty 100 ETF
Tracking Nifty 100 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!
Hefty expense ratio implies reduced 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
Good time to consider, as ETF is not in overbought zone
Key Metrics
AMC profile
Reliance Nippon Life Asset Management or RNAM is one of India’s two largest asset management companies. Currently, it has over $60 billion in its corpus. It is a wholly owned subsidiary of the Reliance Anil Dhirubhai Ambani or ADA Group.
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Recent NewsAll news
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Recent EventsAll events
Shareholders meeting ICICIPRULI
ICICI Prudential Life Insurance Company Limited has submitted the Exchange a copy Srutinizers report of Postal Ballot. Further, the company has informed the Exchange regarding voting results. | Download
ICICI Prudential Life Insurance Company Limited has submitted the Exchange a copy Srutinizers report of Postal Ballot. Further, the company has informed the Exchange regarding voting results. | Download
Press Release SUNPHARMA
Sun Pharmaceutical Industries Limited has informed the Exchange regarding a press release dated October 31, 2020, titled "Press Release Sun Pharma Announces 5-Year Sustained Efficacy and Safety Results for ILUMYAￂﾮ (tildrakizumab-asmn) in Patients with Moderate-to-Severe Plaque Psoriasis". | Download
Sun Pharmaceutical Industries Limited has informed the Exchange regarding a press release dated October 31, 2020, titled "Press Release Sun Pharma Announces 5-Year Sustained Efficacy and Safety Results for ILUMYAￂﾮ (tildrakizumab-asmn) in Patients with Moderate-to-Severe Plaque Psoriasis". | Download
Cash Dividend COLPAL
Interim 1 • Div/Share: ₹ 18
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