FAQ : Tata Nifty Private Bank Exchange Traded Fund

Tata Nifty Private Bank Exchange Traded Fund has delivered CAGR and average rolling returns as follows :

1 Year 3 Year 5 Year 9 Year
CAGR(%) 11.75 7.7 N/A N/A
Average Rolling Returns(%) 18.52 16.61 N/A N/A

The Current NAV of Tata Nifty Private Bank Exchange Traded Fund is ₹240.65.

It is better to invest in a fund with a longer track record as Tata Nifty Private Bank Exchange Traded Fund cannot be assessed for consistency of out-performance. Funds returns are more likely to be different than its benchmark Nifty Private Bank - TRI returns, as Funds portfolio is significantly different.

Tata Nifty Private Bank Exchange Traded Fund fund’s expense ratio is 0.14%

The process for redemption is

  • Give a request for redemption of the number of units or the amount you want. The request will be acknowledged.
  • You will get information about the redemption and the NAV at which redeemed.
  • The amount will be deposited in the designated bank account.

The AUM of Tata Nifty Private Bank Exchange Traded Fund is currently ₹8 Crores.

The Top three stocks are ICICI Bank, HDFC Bank and Axis Bank and account for 63% of its portfolio. Top 5 and 10 stocks of fund account for 84% and 100% of fund’s portfolio respectively.

Top three sectors of Tata Nifty Private Bank Exchange Traded Fund fund are BFSI, Miscellaneous and accounting for 100% of the total portfolio.

Funds Portfolio Quality is Very Good. It has a large proportion of Green 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 Tata Nifty Private Bank Exchange Traded Fund Fund is ETFs - Index.

Sailesh Jain manages the Tata Nifty Private Bank Exchange Traded Fund Fund.

Tata Nifty Private Bank Exchange Traded Fund current PE ratio is 17.43 and PB ratio is 2.40

The asset allocation of Tata Nifty Private Bank Exchange Traded Fund is Stocks : 99.92%, Debt : 0.10% and Gold : 0%

The minimum SIP amount for Tata Nifty Private Bank Exchange Traded Fund is N/A and minimum lumpsum is ₹5000.00

The exit load for Tata Nifty Private Bank Exchange Traded Fund is N/A

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