Aditya Birla Sun Life Nifty Bank ETF (IN:ABSLBANETF) Price & Chart
IN:ABSLBANETF ETF Chart & Stats
- Day’s Range
- INR 55.65 - INR 56.91
- 52-Week Range
- INR 51.10 - INR 64.19
- Previous Close
- INR 56.15
- Volume
- 437
- Average Volume (3M)
- 1,011
- AUM
- N/A
- NAV
- 59.03
- Expense Ratio
- 0.15%
- Holdings Count
- 0
- Beta
- 0.97
- Inception Date
- Oct 23, 2019
- Last Dividend Ex-Date
- N/A
- Dividend Yield
- N/A
- Shares Outstanding
- 28,085,370
- Standard Deviation
- N/A
ETF Overview
Aditya Birla Sun Life Nifty Bank ETF
The Aditya Birla Sun Life Nifty Bank ETF, trading under the ticker IN:ABSLBANETF, is an exchange-traded fund meticulously designed to provide investors with targeted exposure to the Indian banking sector, a pivotal segment within the broader financial services industry. This ETF seeks to mirror the performance of the Nifty Bank Index, which comprises the most liquid and large-cap Indian banking stocks, ensuring a well-rounded representation of the sector's dynamics. As a sector-focused investment vehicle, the Aditya Birla Sun Life Nifty Bank ETF zeroes in on the banks niche, offering investors a concentrated portfolio that aligns with the financial growth and regulatory changes in India’s banking landscape. This focus allows investors to capitalize on the unique opportunities presented by this sector, such as credit growth, financial inclusion initiatives, and digital transformation trends within the banking industry. The ETF is ideal for investors who are keen on the financial sector's potential and are seeking to diversify their portfolios with a specific emphasis on banks. It combines the benefits of ETF trading flexibility with the strategic advantage of sector-specific investment, making it an attractive option for both institutional and retail investors looking to enhance their exposure to India's banking sector.