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ITETF

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1d
1w
1m

Analysis and statistics

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  • Dividend Per Share
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About

ITETF.NSE represents the ICICI Prudential Nifty ETF, an exchange-traded fund listed on the National Stock Exchange of India (NSE). This ETF aims to replicate the performance of the Nifty 50 index, which comprises the 50 largest and most liquid Indian stocks. Investors can buy and sell units of ITETF.NSE like stocks on the exchange, providing a cost-effective way to gain broad market exposure to the Indian equity market based on the Nifty 50 benchmark.
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Factors

Underlying Asset Performance: The primary driver is the performance of the underlying IT stocks within the ITETF.NSE index.

Supply and Demand: Market demand for the ITETF.NSE relative to its supply affects its price. Higher demand generally leads to a higher price.

Expense Ratio: The fund's expense ratio, although small, impacts returns and indirectly influences the price.

Tracking Error: Deviation between the ITETF.NSE's performance and the benchmark index can affect investor sentiment and price.

Market Sentiment: Overall market sentiment towards the IT sector influences the ITETF.NSE's price.

Economic Factors: Macroeconomic factors impacting the IT sector, like interest rates and inflation, can indirectly affect the ITETF.NSE.

News and Events: News related to the IT sector, individual companies, or regulatory changes impacts investor confidence and price.

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