Invesco India Nifty Bank ETF has delivered CAGR and average rolling returns as follows :
| 1 Year | 3 Year | 5 Year | 9 Year | |
| CAGR(%) | N/A | N/A | N/A | N/A |
| Average Rolling Returns(%) | N/A | N/A | N/A | N/A |
The Current NAV of Invesco India Nifty Bank ETF is ₹54.41.
It is better to invest in a fund with a longer track record as Invesco India Nifty Bank ETF cannot be assessed for consistency of out-performance. However, funds returns unlikely to be different than its benchmark NIFTY 50, as the Funds portfolio is similar to its benchmark.
Invesco India Nifty Bank ETF fund’s expense ratio is 0.11%
The process for redemption is
The AUM of Invesco India Nifty Bank ETF is currently ₹8 Crores.
The Top three stocks are HDFC Bank, ICICI Bank and State Bank Of India and account for 42% of its portfolio. Top 5 and 10 stocks of fund account for 61% and 87% of fund’s portfolio respectively.
Top three sectors of Invesco India Nifty Bank ETF fund are BFSI, Miscellaneous and accounting for 100% of the total portfolio.
Funds Portfolio Quality is Somewhat Good. It has a large proportion of Green and Orange Stocks.Since this is a ETFs - Index it is comparatively safer to invest in this fund. However, since it has not consistently outperformed its benchmark index on an average 3-year rolling returns basis it is not the most suitable fund for SIP.
The category of Invesco India Nifty Bank ETF Fund is ETFs - Index.
Abhisek Bahinipati manages the Invesco India Nifty Bank ETF Fund.
Invesco India Nifty Bank ETF current PE ratio is 18.49 and PB ratio is 1.93
The asset allocation of Invesco India Nifty Bank ETF is Stocks : 99.84%, Debt : 0.16% and Gold : 0%
The minimum SIP amount for Invesco India Nifty Bank ETF is N/A and minimum lumpsum is ₹5000.00
The exit load for Invesco India Nifty Bank ETF is N/A