Overview
Description
The Axis Bank Nifty Bank ETF is a type of Exchange Traded Fund designed to provide investors with a diversified exposure to the banking sector through a passively managed portfolio. This ETF aims to replicate the performance of the Nifty Bank Index, which comprises the most liquid and top capitalized banking stocks listed on the National Stock Exchange of India. Known for its significant role in the financial markets, the ETF targets enhancing liquidity and providing cost-effective access to India's banking industry. Investors who participate in this ETF get a chance to tap into the performance of major banking institutions that drive the financial pulse of the nation. By tracking the Nifty Bank Index, the Axis Bank Nifty Bank ETF offers a strategic investment avenue for those looking to engage with the broader economic trends without needing to selectively pick individual stocks. Moreover, its structure allows for real-time trading flexibility akin to stocks, making it a vital tool for both retail and institutional investors seeking exposure to the banking sector’s growth dynamics.
About
Address
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Phone
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Website
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Instrument type
ETF
Country
India
MIC code
XNSE