IN:SBINEQWETF ETF Price & Analysis
SBINEQWETF ETF Chart & Stats
31.23
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Market closed
31.23
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Day’s Range― - ―
52-Week Range29.62 - 35.30
Previous Close31.23
VolumeN/A
Average Volume (3M)3.23K
AUMN/A
NAV31.37
Expense Ratio1.00%
Holdings CountN/A
Beta0.92
Inception DateJul 22, 2024
Next Dividend Ex-DateN/A
Dividend Yield
(―)Shares OutstandingN/A
Standard DeviationN/A
10 Day Avg. Volume2,461
30 Day Avg. Volume3,230
AlphaN/A
ETF Overview
SBI Nifty50 Equal Weight ETF
The SBI Nifty50 Equal Weight ETF (Ticker: IN:SBINEQWETF) presents a dynamic investment opportunity for those looking to engage with the Indian equity market through a unique lens. This exchange-traded fund is specifically designed to mirror the performance of the Nifty50 Equal Weight Index, which assigns an equal weightage to each of the 50 largest companies listed on the National Stock Exchange of India. Unlike traditional market-cap weighted indices, this equal-weight approach ensures a balanced exposure, reducing concentration risk and offering a more diversified investment experience.
Categorized under Size and Style with a focus on the Total Market, the SBI Nifty50 Equal Weight ETF is uniquely positioned within a broad-based niche. It caters to investors seeking a comprehensive market exposure while maintaining an agile approach to portfolio allocation. This ETF appeals to those who are interested in capitalizing on the growth potential of India's top corporations without disproportionately relying on the performance of the largest players. With its emphasis on equal representation, the fund provides a compelling alternative for investors who value equity across market leaders, fostering a more democratic investment strategy.
The SBI Nifty50 Equal Weight ETF is not just a reflection of India's economic powerhouses but also an embodiment of investment in stability and growth. It is an ideal choice for those who wish to diversify their holdings while tapping into the robust potential of India's total market landscape.
SBI Nifty50 Equal Weight ETF (SBINEQWETF) Fund Flow Chart
SBI Nifty50 Equal Weight ETF (SBINEQWETF) 1 year Net Flows: 0
SBINEQWETF ETF FAQ
What was IN:SBINEQWETF’s price range in the past 12 months?
IN:SBINEQWETF lowest ETF price was 29.62 and its highest was 35.30 in the past 12 months.
What is the AUM of IN:SBINEQWETF?
Currently, no data Available
Is IN:SBINEQWETF overvalued?
Not enough analysts have published a price target to calculate whether the price is overvalued.
Does IN:SBINEQWETF pay dividends?
IN:SBINEQWETF does not currently pay dividends.
How many shares outstanding does IN:SBINEQWETF have?
Currently, no data Available
Which hedge fund is a major shareholder of IN:SBINEQWETF?
Currently, no hedge funds are holding shares in IN:SBINEQWETF