Tata Nifty India Digital ETF Exchange Traded Fund Units

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.

TNIDETF trades at 85.70 INR today, its price has fallen −0.70% in the past 24 hours. Track more dynamics on TNIDETF price chart.

TNIDETF net asset value is 91.45 today — it's risen 6.42% 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.

TNIDETF price has fallen by −8.00% over the last month, and its yearly performance shows a −8.55% decrease. See more dynamics on TNIDETF price chart.
NAV returns, another gauge of an ETF dynamics, showed a 11.98% increase in three-month performance and has decreased by −3.01% 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.

TNIDETF invests in stocks. See more details in our Profile section.

TNIDETF expense ratio is 0.40%. 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.

In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, TNIDETF technical analysis shows the sell rating and its 1-week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating TNIDETF shows the sell signal. See more of TNIDETF technicals for a more comprehensive analysis.

No, TNIDETF doesn't pay dividends to its holders.

TNIDETF trades at a premium (0.71%).
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.

TNIDETF shares are issued by Tata Sons Pvt Ltd.

TNIDETF follows the Nifty India Digital Index - INR - Benchmark TR Gross. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.

The fund started trading on Mar 31, 2022.