Current price is close to 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

Morgan Stanley prefers SBI to play the economic recovery cycle; sees structural woes for other state-run banks under its coverage.

Morgan Stanley Upgrades PNB, BoB; Says SBI Top Pick Among PSU Banks

Markets gained smartly in trade with the Nifty gaining over 300 points to post best day since February 2nd  at 15,245 levels and the Sensex gaining 1147 points. The Nifty Bank gained over 900 points to post best day in a week  and Metals led the rally. 

The Nifty Midcap gained over 1% in each of the last 3 days  and Nifty Smallcap gained for a 3rd day in a row. Metals shone in trade after U.S. issues final anti-dumping duties on common aluminium sheet from 18 countries, Info Edge in focus as The Economic Times reports that Zomato is expected to raise $750 Mn to $1 Billion through its IPO planned later this year.

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Nifty rallies, metals and PSU banks lead

Market Closing: Indian shares settled higher for a third straight session on Wednesday, supported by gains in financial, metal stocks and assurances from the government that it had enough covid-19 vaccine doses to cover its population.

Sensex, Nifty close over 2% higher; PSU banks, metal stocks shine

PSU banks and telecom companies have seen a build-up of bearish positions, while steel and oil marketing companies have seen a build-up of long positions.

Traders add shorts in banks, telcos

Nifty PSU Bank was trading at 2,457.70 up by 3.3% and Nifty Private Bank was performing at 19,360.65 higher by 2.4%.

Banking stocks drive markets led by sharp rally in PSBs; Nifty Bank tops 880 pts; PNB, RBL Bank top gainers

With the object to strengthen the capital adequacy of the Public Sector Banks (PSBs), the government has decided to infuse capital to the extent of Rs 5,500 crore in the bank. The capital infusion will be by way of creation, issue and allotment of equity shares in favour of government on preferentia…

Capital infusion: Punjab & Sind Bank to convene EGM this month to seek shareholders’ nod

One group is led by top payment solutions firm Financial Software and Systems, the other by FIS, which provided tech solutions for merchants, banks, and capital markets firms globally

India Post, Nabard, 4 PSU banks part of two consortia vying for NUE licence

Public sector banks offer loans around 9.3%, and students who have existing loans from private non-banking financial companies (NBFCs) are paying around 13-14%

Transfer education loan to PSBs for better rates

The eminent economist described the government’s decision to privatise two public sector banks next fiscal as an “unprecedented” effort to “finally right a wrong done 50 years ago”.

Indian economy on ‘upswing’; govt set to spend more along with pro-growth reforms: Panagariya

Embedded finance through platforms like Swiggy or Flipkart or Amazon among others are way forward. But when such enabling technologies come into the picture, it should not happen that large public sector banks in the country are caught off guard, said Professor Viral Acharya, former deputy govern…

It is not good to rely on so many public sector banks, says ex-RBI deputy Viral Acharya at ‘The Future of Banking’ webinar

In an interview to PTI, the eminent economist described the government’s decision to privatise two public sector banks next fiscal as an ‘unprecedented’ effort to ‘finally right a wrong done 50 years ago’.

Indian Economy On ‘upswing’; Govt Set To Spend More Along With Pro-growth Reforms: Arvind Panagariya

NIPPON INDIA ETF PSU Bank BeES objective is to provide returns that, before expenses, closely correspond to the total returns of the securities as represented by the CNX PSU Bank Index

Nippon India Nifty PSU Bank Bees ETF

Average daily traded value of the ETF is high

Nippon India Nifty PSU Bank Bees ETF

Nippon India Nifty PSU Bank Bees 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

Morgan Stanley Upgrades PNB, BoB; Says SBI Top Pick Among PSU Banks

News Video

Nifty rallies, metals and PSU banks lead

Sensex, Nifty close over 2% higher; PSU banks, metal stocks shine

Traders add shorts in banks, telcos

Banking stocks drive markets led by sharp rally in PSBs; Nifty Bank tops 880 pts; PNB, RBL Bank top gainers

Capital infusion: Punjab & Sind Bank to convene EGM this month to seek shareholders’ nod

India Post, Nabard, 4 PSU banks part of two consortia vying for NUE licence

Transfer education loan to PSBs for better rates

Indian economy on ‘upswing’; govt set to spend more along with pro-growth reforms: Panagariya

It is not good to rely on so many public sector banks, says ex-RBI deputy Viral Acharya at ‘The Future of Banking’ webinar

Nippon India Nifty PSU Bank Bees 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

Morgan Stanley Upgrades PNB, BoB; Says SBI Top Pick Among PSU Banks

News Video

Nifty rallies, metals and PSU banks lead

Sensex, Nifty close over 2% higher; PSU banks, metal stocks shine

Traders add shorts in banks, telcos

Banking stocks drive markets led by sharp rally in PSBs; Nifty Bank tops 880 pts; PNB, RBL Bank top gainers

Capital infusion: Punjab & Sind Bank to convene EGM this month to seek shareholders’ nod

India Post, Nabard, 4 PSU banks part of two consortia vying for NUE licence

Transfer education loan to PSBs for better rates

Indian economy on ‘upswing’; govt set to spend more along with pro-growth reforms: Panagariya

It is not good to rely on so many public sector banks, says ex-RBI deputy Viral Acharya at ‘The Future of Banking’ webinar

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