Invesco India Nifty ETF
IVZINNIFTY
Invesco India Nifty ETF Chart
Fund overview
Open ₹2,793.38 | Close ₹2,794.63 | Volume 505 | Avg. traded ₹2,788.00 |
Circuit range ₹2,224.28 - ₹3,336.42 | Day range ₹2,768.95 - ₹2,795.70 | Year range ₹2,321.65 - ₹3,100.00 | |
AUM ₹88.94 Cr | ManagersKuber Mannadi | Launch Date 13 Jun 2011 |
Invesco India Nifty 50 ETF
- Invesco India Nifty 50 ETF is an open-ended scheme offered by Invesco India Mutual Fund House.
- The ETF is traded under the symbol IVZINNIFTY on the NSE.
- Invesco India Nifty 50 ETF was launched on June 13, 2011.
- Invesco India Nifty 50 ETF's assets under management (AUM) stood at ₹91.42 crore as of July 31, 2024.
- The scheme has been managed by Kuber Mannadi since its inception.
- The ETF is traded on the NSE and BSE like a stock, providing investors with liquidity and flexibility.
- It can be purchased and traded during market hours at current market prices using a demat account.
Investment Objective & Benchmark
- Invesco India Nifty 50 ETF looks to generate returns mirroring the yield generated by securities as represented by the underlying index, subject to minor tracking errors.
- It is benchmarked against the Nifty 50 Index, which includes the top 50 companies listed on the National Stock Exchange.
- The ETF invests in companies across key sectors of the Indian economy to offer diversification to the fund.
- This ETF limits investors’ exposure to sectoral risks.
- Invesco India Nifty 50 ETF invests in large-cap companies, considered a more stable investment option than small-cap companies, especially during market volatility.
- The riskometer level of the Invesco India Nifty 50 ETF is rated as very high, indicating that investments in this fund carry a significant level of risk.
- The ETF is suitable for investors who can take high-risk tolerance and absorb potential losses.
Asset Allocation and Portfolio Composition
- Invesco India Nifty 50 ETF is mandated to invest at least 80% of its assets in large-cap stocks at all times. Being passively managed, it replicates the portfolio of its chosen benchmark index.
- The fund allocation of the Invesco India Nifty 50 ETF is as follows: 99.58% in equity, meaning the vast majority of the fund's assets are invested in stocks, and 0.42% in cash and cash equivalents, which are held in liquid forms such as cash or short-term money market instruments to provide liquidity and manage fund expenses.
- The company predominantly invests in large and giant cap companies, allocating them over 90% of the funds.
The top 5 sector allocation for the Invesco India Nifty 50 ETF are:
-
Banks - 28.03%
-
IT - Software - 13.73%
-
Petroleum Products - 9.83%
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Automobiles - 8.21%
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Diversified FMCG - 6.33%
The top company holdings make up around 56.89% of the ETF’s asset allocation. The top 10 holdings in companies of ETF include:
- HDFC Bank Ltd. - 11.01%
- Reliance Industries Ltd. - 9.21%
- ICICI Bank Ltd. - 7.73%
- Infosys Ltd. - 6.11%
- ITC Ltd. - 4.14%
- Larsen & Toubro Ltd. - 4.03%
- Tata Consultancy Services Ltd. - 4.02%
- Bharti Airtel Ltd. - 3.61%
- State Bank of India - 3.03%
- Axis Bank Ltd. - 3.00%
Invesco India Nifty 50 ETF has delivered a return of 27.49% in the last one year against the benchmark returns of 27.76%, as of July 31, 2024. The scheme has given a return of 13.28% since its inception.
Key indicators
Tracking index Nifty 50 |
Expense Ratio0.10% |
Tracking error 0.03% |
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Liquidity
Fund size
Expense Ratio
Tracking error
Returns vs FD Rates
Entry Point
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Returns
This ETF
Nifty 50
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Invesco India Nifty ETF Price history
Day | Open | Close | Change % |
---|---|---|---|
Fri, Dec 6 2024 | ₹2,793.38 | ₹2,789.05 | -0.20% |
Thu, Dec 5 2024 | ₹2,761.52 | ₹2,794.63 | |
Wed, Dec 4 2024 | ₹2,742.55 | ₹2,762.87 | |
Mon, Dec 2 2024 | ₹2,726.17 | ₹2,741.37 | |
Fri, Nov 29 2024 | ₹2,717.23 | ₹2,726.17 | |
Thu, Nov 28 2024 | ₹2,745.28 | ₹2,698.72 | -1.25% |
Wed, Nov 27 2024 | ₹2,785.15 | ₹2,732.90 | |
Tue, Nov 26 2024 | ₹2,739.41 | ₹2,717.21 | -0.50% |
Composition
Name | Holdings |
---|---|
HDFCBANKHDFC Bank Ltd | 12.10% |
ICICIBANKICICI Bank Ltd | 8.37% |
RELIANCEReliance Industries Ltd | 8.30% |
INFYInfosys Ltd | 5.81% |
ITCITC Ltd | 4.18% |
BHARTIARTLBharti Airtel Ltd | 3.97% |