Tracking Nifty Bank Index
Current price is close to the real time NAV
Less expense ratio implies better returns over the long term
ETF has not been able to closely match its benchmark returns
ETF has been generating better price return than bank FD
Good time to consider, as ETF is not in overbought zone
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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1 hour ago•Economic Times
6 hours ago•The Hindu
6 hours ago•News18
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
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