Axis NIFTY Bank ETF
No trades
No trades
Compare with Axis NIFTY Bank ETF
Key stats
Fund info
Home page
Inception date
Nov 3, 2020
Structure
Open-Ended Fund
Replication method
Physical
Primary advisor
Axis Asset Management Co. Ltd.
ISIN
INF846K01X63
FIGI
BBG00XT0XXB4
Identifiers
ISIN INF846K01X63
The investment objective ofthe scheme is to provide returns before expenses that closely correspond to the total returns oftheNIFTYBank Index subjecttotrackingerrors.
Classification
What's in the fund
Exposure type
Finance
Breakdown by region
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
Oscillators
Neutral
Summary
Neutral
Summary
Neutral
Summary
Neutral
Moving Averages
Neutral
Moving Averages
Neutral
Frequently asked questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
BNKETFAXIS trades at 562.90 INR today, its price has fallen −1.65% in the past 24 hours. Track more dynamics on BNKETFAXIS price chart.
BNKETFAXIS net asset value is 593.71 today — it's fallen 1.60% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
BNKETFAXIS price has fallen by −5.09% over the last month, and its yearly performance shows a −5.99% decrease. See more dynamics on BNKETFAXIS price chart.
NAV returns, another gauge of an ETF dynamics, have fallen by −1.60% over the last month, showed a 8.03% increase in three-month performance and has increased by 3.62% in a year.
NAV returns, another gauge of an ETF dynamics, have fallen by −1.60% over the last month, showed a 8.03% increase in three-month performance and has increased by 3.62% in a year.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
BNKETFAXIS invests in stocks. See more details in our Profile section.
BNKETFAXIS expense ratio is 0.16%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, BNKETFAXIS isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
No, BNKETFAXIS doesn't pay dividends to its holders.
BNKETFAXIS trades at a premium (0.04%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
BNKETFAXIS shares are issued by Axis Bank Ltd.
BNKETFAXIS follows the Nifty Bank Index - INR. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Nov 3, 2020.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.