Nippon India Nifty Bank Bees ETF
BANKBEESTracking Nifty Bank 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!
Current price is close to the real time NAV
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 been generating 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.
PeersCompare with peers
Kotak Nifty Bank ETF
SBI Nifty Bank ETF
ICICI Prudential Nifty Bank ETF
Axis Banking ETF
HDFC Banking ETF
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Copy of Newspaper Publication KOTAKBANK
Kotak Mahindra Bank Limited has informed the Exchange about Copy of Newspaper Publication. Pursuant to Regulation 47 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we enclose a copy of the newspaper clipping of the Unaudited Standalone Financial Results of Kotak Mahindra Bank Limited ( Bank ) and Unaudited Consolidated Financial Results for quarter and nine months ended December 31, 2020 published in Business Standard, an English daily and in Navakal, a Marathi daily, on January 26, 2021. Please note that the Bank had, on January 25, 2021, pursuant to Regulation 33 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, forwarded to you, the aforementioned Financial Statements immediately after they were approved and taken on record by the Board of Directors of the Bank, at its Meeting held on that day | Download
Kotak Mahindra Bank Limited has informed the Exchange about Copy of Newspaper Publication. Pursuant to Regulation 47 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we enclose a copy of the newspaper clipping of the Unaudited Standalone Financial Results of Kotak Mahindra Bank Limited ( Bank ) and Unaudited Consolidated Financial Results for quarter and nine months ended December 31, 2020 published in Business Standard, an English daily and in Navakal, a Marathi daily, on January 26, 2021. Please note that the Bank had, on January 25, 2021, pursuant to Regulation 33 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, forwarded to you, the aforementioned Financial Statements immediately after they were approved and taken on record by the Board of Directors of the Bank, at its Meeting held on that day | Download
Cash Dividend RBLBANK
Interim • Div/Share: ₹ 1.5
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!
Current price is close to the real time NAV