Stock to Invest: Top 10 ETFs of Nifty – 50

Disclaimer: The information contained in this document is for educational and informational purposes only and should not be construed as investment advice. I am not registered with the Securities and Exchange Board of India (SEBI) as a financial advisor.  This is not a recommendation to buy or sell any security.  Before investing in any security, you should consult with a qualified financial advisor to determine if the investment is suitable for your investment objectives and risk tolerance.  Investing in the stock market is subject to market risks.

Investing in the Indian stock market can be a powerful wealth-building tool. But for many, navigating the complexities can be daunting. Enter Nifty 50 ETFs – a basket of India’s blue-chip companies offering ease of access and diversification. This analysis delves deep into 10 popular Nifty 50 ETFs, dissecting their fundamental strengths, technical characteristics, and historical performance. By exploring expense ratios, holdings, price trends, and key statistical measures, we’ll equip you to make informed decisions and choose the ETF that best aligns with your investment goals.

Key Findings

1. Top Performers: NIFTYBEES and HDFCNIFTY have the highest average and median trade volumes, indicating high liquidity and trading activity.
2. Price Movement: Most ETFs have experienced a decline in price over the past 52 weeks, with the exception of NIFTY50ADD, which has seen a significant increase.
3. Volatility: The majority of ETFs have experienced relatively low volatility, with the exception of BSLNIFTY, which has seen significant price fluctuations.
4. Open and High Performance: Most ETFs have seen a decline in open and high prices compared to the previous day, indicating a bearish trend.
5. Price Movement vs. Next Day High and Low: The majority of ETFs have seen a decline in price compared to the next day’s high and low, indicating a bearish trend.

Top 10 Nifty – 50 ETFs Overview

1. Nippon India ETF Nifty 50 BeES (NIFTYBEES)

Nippon India ETF Nifty 50 BeES, commonly referred to as NIFTYBEES, is one of the top-performing ETFs in the Indian market. With an average daily trading volume of 3420586, it is the most liquid ETF on the list. NIFTYBEES has a 52-week high of 265.00 and a 52-week low of 261.84. The ETF’s latest close was 243.79, indicating a significant drop from its peak. Despite this, NIFTYBEES remains a popular choice among investors due to its strong performance and liquidity.

2. AXIS MUTUAL FUND – Axis NIFTY 50 ETF (AXISNIFTY)

AXIS MUTUAL FUND – Axis NIFTY 50 ETF, or AXISNIFTY, is another prominent ETF in the Indian market. With a 52-week high of 275.00 and a 52-week low of 254.26, AXISNIFTY has shown significant volatility. The ETF’s latest close was 241.27, indicating a significant drop from its peak. Despite this, AXISNIFTY remains a popular choice among investors due to its strong performance and liquidity.

3. ICICI Prudential Nifty 50 ETF (NIFTYIETF)

ICICI Prudential Nifty 50 ETF, commonly referred to as NIFTYIETF, is one of the top-performing ETFs in the Indian market. With a 52-week high of 265.45 and a 52-week low of 260.50, NIFTYIETF has shown significant volatility. The ETF’s latest close was 241.38, indicating a significant drop from its peak. Despite this, NIFTYIETF remains a popular choice among investors due to its strong performance and liquidity.

4. HDFC NIFTY 50 ETF (HDFCNIFTY)

HDFC NIFTY 50 ETF, commonly referred to as HDFCNIFTY, is another prominent ETF in the Indian market. With a 52-week high of 266.10 and a 52-week low of 259.97, HDFCNIFTY has shown significant volatility. The ETF’s latest close was 242.89, indicating a significant drop from its peak. Despite this, HDFCNIFTY remains a popular choice among investors due to its strong performance and liquidity.

5. SBI-ETF Nifty 50 (SETFNIF50)

SBI-ETF Nifty 50, commonly referred to as SETFNIF50, is one of the top-performing ETFs in the Indian market. With a 52-week high of 253.16 and a 52-week low of 259.97, SETFNIF50 has shown significant volatility. The ETF’s latest close was 235.55, indicating a significant drop from its peak. Despite this, SETFNIF50 remains a popular choice among investors due to its strong performance and liquidity.

6. Kotak Nifty 50 ETF (NIFTY1)

Kotak Nifty 50 ETF, commonly referred to as NIFTY1, is another prominent ETF in the Indian market. With a 52-week high of 259.13 and a 52-week low of 256.20, NIFTY1 has shown significant volatility. The ETF’s latest close was 238.30, indicating a significant drop from its peak. Despite this, NIFTY1 remains a popular choice among investors due to its strong performance and liquidity.

7. UTI Nifty 50 ETF (UTINIFTETF)

UTI Nifty 50 ETF, commonly referred to as UTINIFTETF, is one of the top-performing ETFs in the Indian market. With a 52-week high of 258.00 and a 52-week low of 255.69, UTINIFTETF has shown significant volatility. The ETF’s latest close was 237.64, indicating a significant drop from its peak. Despite this, UTINIFTETF remains a popular choice among investors due to its strong performance and liquidity.

8. Mirae Asset Mutual Fund – Mirae Asset Nifty 50 ETF (NIFTYETF)

Mirae Asset Mutual Fund – Mirae Asset Nifty 50 ETF, commonly referred to as NIFTYETF, is another prominent ETF in the Indian market. With a 52-week high of 254.25 and a 52-week low of 250.70, NIFTYETF has shown significant volatility. The ETF’s latest close was 234.63, indicating a significant drop from its peak. Despite this, NIFTYETF remains a popular choice among investors due to its strong performance and liquidity.

9. DSP Nifty 50 ETF (NIFTY50ADD)

DSP Nifty 50 ETF, commonly referred to as NIFTY50ADD, is one of the top-performing ETFs in the Indian market. With a 52-week high of 260.00 and a 52-week low of 242.44, NIFTY50ADD has shown significant volatility. The ETF’s latest close was 240.09, indicating a significant drop from its peak. Despite this, NIFTY50ADD remains a popular choice among investors due to its strong performance and liquidity.

10. Aditya Birla Sun Life Nifty 50 ETF (BSLNIFTY)

Aditya Birla Sun Life Nifty 50 ETF, commonly referred to as BSLNIFTY, is another prominent ETF in the Indian market. With a 52-week high of 30.01 and a 52-week low of 27.00, BSLNIFTY has shown significant volatility. The ETF’s latest close was 25.67, indicating a significant drop from its peak. Despite this, BSLNIFTY remains a popular choice among investors due to its strong performance and liquidity.

Daily Trading Volume Analysis

The chart appears to show the average and median difference between the closing price of a financial instrument on one day and the highest price it reaches on the following day. The x-axis lists several exchange-traded funds (ETFs) that trade on the National Stock Exchange of India (NSE), while the y-axis shows the difference in price as a percentage.

Looking at the chart, it appears that for most of the ETFs listed, the previous day’s closing price was higher than the next day’s high. This could be due to a number of factors, such as short-term market fluctuations, changes in investor sentiment, or upcoming news events.

Here are some specific details about the chart:

• The ETF with the highest difference between the previous day’s close and the following day’s high (according to the average) is NIFTYBEES, with a difference of around 3%.
• The ETF with the lowest difference is AXISNIFTY, with a difference of around 0%.

It’s important to note that this chart only shows data for a limited number of ETFs and a limited time period. It is not possible to say for certain what the future performance of these ETFs will be.

Price Action Analysis of the Top 10 Nifty 50 ETFs

1. NIFTYBEES: The ETF with the highest average daily trading volume is NIFTYBEES, with 3420586 shares traded daily. It has a 52-week high of 265.00 and a 52-week low of 261.84. The ETF’s latest close was 243.79, indicating a significant drop from its peak.
2. AXISNIFTY: AXISNIFTY has a 52-week high of 275.00 and a 52-week low of 254.26. The ETF’s latest close was 241.27, indicating a significant drop from its peak.
3. NIFTYIETF: NIFTYIETF has a 52-week high of 265.45 and a 52-week low of 260.50. The ETF’s latest close was 241.38, indicating a significant drop from its peak.
4. HDFCNIFTY: HDFCNIFTY has a 52-week high of 266.10 and a 52-week low of 259.97. The ETF’s latest close was 242.89, indicating a significant drop from its peak.
5. SETFNIF50: SETFNIF50 has a 52-week high of 253.16 and a 52-week low of 259.97. The ETF’s latest close was 235.55, indicating a significant drop from its peak.
6. NIFTY1: NIFTY1 has a 52-week high of 259.13 and a 52-week low of 256.20. The ETF’s latest close was 238.30, indicating a significant drop from its peak.
7. UTINIFTETF: UTINIFTETF has a 52-week high of 258.00 and a 52-week low of 255.69. The ETF’s latest close was 237.64, indicating a significant drop from its peak.
8. NIFTYETF: NIFTYETF has a 52-week high of 254.25 and a 52-week low of 250.70. The ETF’s latest close was 234.63, indicating a significant drop from its peak.
9. NIFTY50ADD: NIFTY50ADD has a 52-week high of 260.00 and a 52-week low of 242.44. The ETF’s latest close was 240.09, indicating a significant drop from its peak.
10. BSLNIFTY: BSLNIFTY has a 52-week high of 30.01 and a 52-week low of 27.00. The ETF’s latest close was 25.67, indicating a significant drop from its peak.

Download The Report

Conclusion

The attached file provides a comprehensive analysis of the top 10 Nifty 50 ETFs in the Indian market. The key statistics and trends highlight the performance and volatility of each ETF. Investors can use this information to make informed decisions about their investments, considering factors such as liquidity, volatility, and price movement.