Tata Nifty Private Bank Exchange Traded Fund Overview
Category ETF
BMSMONEY Rank 53
BMSMONEY Rating
Growth Option As On: 25-04-2024
NAV ₹246.27 (R) +0.13% (D) %
Returns Gro. Opt. 1Y 3Y 5Y 7Y 10Y
LumpSum Reg. P 11.22% 12.31% -% -% -%
LumpSum Dir. P
SIP Reg. P 10.18% 12.03% -% -% -%
SIP Dir. P
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
0.12 0.09 0.36 -0.03% 0.02
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
16.28% -20.03% -16.91% 0.99 11.0%

NAV Date: 25-04-2024

Scheme Name NAV Rupee Change Percent Change
Tata Nifty Private Bank Exchange Traded Fund 246.27
0.3200
0.1300%

Review Date: March 28, 2024

The ETFs category has 87 funds. Performance of the Tata Nifty Private Bank Exchange Traded Fund has been analyzed on 19 performance parameters. Out of seven return parameters, the fund has zero return parameters in first quartile; whereas zero risk parameters (out of five) in first quartile. Similarly two risk-adjusted performance parameters are in first quartile, the performance on different parameters provides has achieved 53 (out of 87 funds), which is ok rank in the ETFs category.
Our ranking method uses a composite performance score to rank funds in a category. The score incorporates the fund's return, risk, and risk adjusted performance of the last three years.

The Tata Nifty Private Bank Exchange Traded Fund has below average return performance, as more than 25% 1 year and above return parameters are below average in ETFs category. The details are provided below.'
    '
  1. 1 Month Return%: One month return shows funds performance in very short period of time, the Tata Nifty Private Bank Exchange Traded Fund has given return of 0.81% in last one month which is good as it is above average in ETFs.
  2. 3 Month Return%: Three month return shows funds performance in short period of time, the Tata Nifty Private Bank Exchange Traded Fund has given return of -5.27% in last three month which is very poor as it is in the fourth quartile in ETFs.
  3. 6 Month Return%: Six month return shows funds performance in short period of time, the Tata Nifty Private Bank Exchange Traded Fund has given return of 2.74% in last six month which is very poor as it is in the fourth quartile in ETFs.
  4. 1 Year Return%: The Tata Nifty Private Bank Exchange Traded Fund has given return of 17.15% in last one year which is very poor as it is in the fourth quartile in ETFs. The one year return rank of Tata Nifty Private Bank Exchange Traded Fund is 99 in 129 funds. The investment of ₹ 10,000 in this fund would have become ₹ 11715.0 in one year.
  5. 3 Year Return%: The Tata Nifty Private Bank Exchange Traded Fund has given return of 9.8% in last three year which is good as it is above average with return rank of 56 in 85 funds. in ETFs.
  6. 1 Year SIP Return%: The Tata Nifty Private Bank Exchange Traded Fund has given return of 7.49% in last one year which is very poor as it is in the fourth quartile with rank of 106 in 121 funds. in ETFs.
  7. 3 Year SIP Return%: The Tata Nifty Private Bank Exchange Traded Fund has given return of 10.87% in last three year which is poor as it is in the below average with return rank of 54 in 77 funds. in ETFs.
    8. '
'

The Tata Nifty Private Bank Exchange Traded Fund has average risk performance, as more than 25% risk parameters are above average ETFs category. The details are provided below. '
    '
  1. Standard Deviation: It is a measure of the dispersion of a set of data from its mean. It is calculated as the square root of variance by determining the variation between each data point relative to the mean. The higher the standard deviation, the greater the risk. The Tata Nifty Private Bank Exchange Traded Fund has standard deviation of 16.28 which is good as it is above average with risk rank of 31 in 47 funds. in ETFs.
  2. Semi Deviation: It is a measure of the dispersion of a set of data from its mean. It is calculated as the square root of variance by determining the variation between each data point relative to the mean. The higher the semi-deviation, the greater the risk. It uses only negative returns for calculation. The Tata Nifty Private Bank Exchange Traded Fund has semi deviation of 11.0 which is good as it is above average with risk rank of 30 in 47 funds. in ETFs.
  3. Max Drawdown %: It is the maximum observed loss from a peak to a trough of a portfolio before a new peak is attained. The Tata Nifty Private Bank Exchange Traded Fund has max drawdown of -16.91% which is good as it is above average with risk rank of 36 in 47 funds. in ETFs.
  4. 1Y VaR at 95%: It is the maximum expected loss of an investment over a given time period with a given probability of confidence. The Tata Nifty Private Bank Exchange Traded Fund has 1Y VaR at 95% of -20.03% which is very poor as it is in the fourth quartile with risk rank of 39 in 47 funds. in ETFs.
  5. Average Drawdown %: It is the average of the drawdowns over a period of time. The Tata Nifty Private Bank Exchange Traded Fund has average drawdown of -6.19% which is good as it is above average with risk rank of 29 in 47 funds. in ETFs.
    6. '
'

The Tata Nifty Private Bank Exchange Traded Fund has poor risk adjusted performance, as non of above risk adjusted paramerters are above average in ETFs category. The details are provided below. '
    '
  1. Sterling Ratio: It is a measure of risk-adjusted return. The Tata Nifty Private Bank Exchange Traded Fund has Sterling Ratio of 0.36 which is very poor as it is in the fourth quartile with risk rank of 36 in 47 funds. in ETFs.
  2. Sortino Ratio: It is a measure of risk-adjusted return. The Tata Nifty Private Bank Exchange Traded Fund has Sortino Ratio of 0.09 which is very poor as it is in the fourth quartile with risk rank of 36 in 47 funds. in ETFs.
  3. Jensen Alpha %: It is a measure of risk-adjusted return. The Tata Nifty Private Bank Exchange Traded Fund has Jensen Alpha of -0.03% which is very good as it is in the top quartile with risk rank of 7 in 47 funds. in ETFs.
  4. Treynor Ratio: It is a measure of risk-adjusted return. The Tata Nifty Private Bank Exchange Traded Fund has Treynor Ratio of 0.02 which is very poor as it is in the fourth quartile with risk rank of 36 in 47 funds. in ETFs.
  5. Modigliani Square Measure %: It is a measure of risk-adjusted return. The Tata Nifty Private Bank Exchange Traded Fund has Modigliani Square Measure of 9.78% which is poor as it is in the below average with risk rank of 35 in 47 funds. in ETFs.
  6. Alpha %: It is a measure of risk-adjusted return. The Tata Nifty Private Bank Exchange Traded Fund has Alpha of -0.11% which is very good as it is in the top quartile with risk rank of 11 in 47 funds. in ETFs.
    7. '
'


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KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Better Than Cat. Avg In 1st Quartile In 4th Quartile
1M Return % 3.34
2.61
-5.70 | 8.75 51 | 129
Yes
No
No
3M Return % 3.02
1.81
-89.69 | 21.75 92 | 129
Yes
No
No
6M Return % 9.66
18.49
-89.03 | 65.67 105 | 129
No
No
Yes
1Y Return % 11.22
26.28
-88.87 | 107.70 100 | 129
No
No
Yes
3Y Return % 12.31
7.28
-48.39 | 56.54 53 | 87
Yes
No
No
1Y SIP Return % 10.18
33.58
-16.88 | 126.18 102 | 121
No
No
Yes
3Y SIP Return % 12.03
17.21
-17.77 | 63.88 56 | 80
No
No
No
Standard Deviation 16.28
24.27
12.87 | 55.65 31 | 47
Yes
No
No
Semi Deviation 11.00
19.82
8.24 | 52.10 30 | 47
Yes
No
No
Max Drawdown % -16.91
-30.26
-91.42 | -8.96 36 | 47
Yes
No
Yes
VaR 1 Y % -20.03
-16.34
-30.81 | -10.27 39 | 47
No
No
Yes
Average Drawdown % -6.19
-13.05
-91.31 | -3.15 29 | 47
Yes
No
No
Sharpe Ratio 0.12
0.31
-0.98 | 1.22 36 | 47
No
No
Yes
Sterling Ratio 0.36
0.56
-0.49 | 1.77 36 | 47
No
No
Yes
Sortino Ratio 0.09
0.27
-0.15 | 0.74 36 | 47
No
No
Yes
Jensen Alpha % -0.03
-15.84
-77.69 | 1.23 7 | 47
Yes
Yes
No
Treynor Ratio 0.02
0.03
-0.61 | 1.02 36 | 47
No
No
Yes
Modigliani Square Measure % 9.78
12.04
-14.28 | 47.68 35 | 47
No
No
No
Alpha % -0.11
-14.89
-65.16 | -0.04 11 | 47
Yes
Yes
No
Return data last Updated On : April 25, 2024.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : March 28, 2024
KPIs: Key Performance Indicators

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KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Better Than Cat. Avg In 1st Quartile In 4th Quartile
Standard Deviation 16.28 24.27 12.87 | 55.65 31 | 47
Yes
No
No
Semi Deviation 11.00 19.82 8.24 | 52.10 30 | 47
Yes
No
No
Max Drawdown % -16.91 -30.26 -91.42 | -8.96 36 | 47
Yes
No
Yes
VaR 1 Y % -20.03 -16.34 -30.81 | -10.27 39 | 47
No
No
Yes
Average Drawdown % -6.19 -13.05 -91.31 | -3.15 29 | 47
Yes
No
No
Sharpe Ratio 0.12 0.31 -0.98 | 1.22 36 | 47
No
No
Yes
Sterling Ratio 0.36 0.56 -0.49 | 1.77 36 | 47
No
No
Yes
Sortino Ratio 0.09 0.27 -0.15 | 0.74 36 | 47
No
No
Yes
Jensen Alpha % -0.03 -15.84 -77.69 | 1.23 7 | 47
Yes
Yes
No
Treynor Ratio 0.02 0.03 -0.61 | 1.02 36 | 47
No
No
Yes
Modigliani Square Measure % 9.78 12.04 -14.28 | 47.68 35 | 47
No
No
No
Alpha % -0.11 -14.89 -65.16 | -0.04 11 | 47
Yes
Yes
No
Return data last Updated On : April 25, 2024.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : March 28, 2024
KPIs: Key Performance Indicators

Investment Period Regular Direct
Return % Current Value of ₹ 10000 Return % Current Value of ₹ 10000
1D 0.13 ₹ 10013.0 ₹
1W 1.44 ₹ 10144.0 ₹
1M 3.34 ₹ 10334.0 ₹
3M 3.02 ₹ 10302.0 ₹
6M 9.66 ₹ 10966.0 ₹
1Y 11.22 ₹ 11122.0 ₹
3Y 12.31 ₹ 14165.0 ₹
5Y - ₹ - ₹
7Y - ₹ - ₹
10Y - ₹ - ₹
15Y - ₹ - ₹

Disclaimer: Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. Returns for periods above 1 year are annualised.

Investment Period Invested Amount Regular Direct
XIRR % Current Value of Invested Amount XIRR % Current Value of Invested Amount
1Y ₹ 12000 10.1791 ₹ 12651.504 ₹
3Y ₹ 36000 12.0302 ₹ 43097.544 ₹
5Y ₹ 60000 - ₹ - ₹
7Y ₹ 84000 - ₹ - ₹
10Y ₹ 120000 - ₹ - ₹
15Y ₹ 180000 - ₹ - ₹


Date NAV Regular Growth NAV Direct Growth
25-04-2024 246.2661 None
24-04-2024 245.946 None
23-04-2024 244.8307 None
22-04-2024 244.5708 None
19-04-2024 242.7674 None
18-04-2024 240.0961 None
16-04-2024 242.3877 None
15-04-2024 243.9876 None
12-04-2024 248.1069 None
09-04-2024 248.8789 None
08-04-2024 247.777 None
05-04-2024 247.1791 None
04-04-2024 244.9809 None
03-04-2024 242.2784 None
02-04-2024 242.6408 None
01-04-2024 242.9492 None
28-03-2024 240.6527 None
27-03-2024 239.7195 None
26-03-2024 238.303 None
22-03-2024 239.5095 None
21-03-2024 238.5184 None
20-03-2024 236.4516 None
19-03-2024 237.1485 None
18-03-2024 237.886 None
15-03-2024 238.1966 None
14-03-2024 238.2954 None
13-03-2024 239.4036 None
12-03-2024 241.0765 None
11-03-2024 240.9707 None
07-03-2024 243.5569 None
06-03-2024 244.4829 None
05-03-2024 242.3705 None
04-03-2024 242.8584 None
01-03-2024 241.9346 None
29-02-2024 235.975 None
28-02-2024 235.1016 None
27-02-2024 238.7105 None
26-02-2024 238.1441 None
23-02-2024 239.3056 None
22-02-2024 239.3041 None
21-02-2024 239.4648 None
20-02-2024 240.37 None
19-02-2024 237.9396 None
16-02-2024 237.3751 None
15-02-2024 235.4726 None
14-02-2024 234.7475 None
13-02-2024 233.5619 None
12-02-2024 230.1535 None
09-02-2024 234.0413 None
08-02-2024 231.7026 None
07-02-2024 237.8657 None
06-02-2024 238.0402 None
05-02-2024 239.2045 None
02-02-2024 239.5495 None
01-02-2024 241.2883 None
31-01-2024 240.9908 None
30-01-2024 238.2427 None
29-01-2024 239.0401 None
25-01-2024 235.4534 None
24-01-2024 236.07 None
23-01-2024 236.6425 None
19-01-2024 240.4225 None
18-01-2024 241.0894 None
17-01-2024 243.0841 None
16-01-2024 253.825 None
15-01-2024 254.1704 None
12-01-2024 251.8191 None
11-01-2024 251.0413 None
10-01-2024 250.0102 None
09-01-2024 249.1786 None
08-01-2024 250.0941 None
05-01-2024 253.7373 None
04-01-2024 253.9619 None
03-01-2024 251.035 None
02-01-2024 250.9252 None
01-01-2024 253.8357 None
29-12-2023 254.028 None
28-12-2023 254.6168 None
27-12-2023 253.4672 None
26-12-2023 251.0472 None
22-12-2023 250.0515 None
21-12-2023 251.7308 None
20-12-2023 250.2873 None
19-12-2023 252.8947 None
18-12-2023 253.1064 None
15-12-2023 254.7346 None
14-12-2023 252.8363 None
13-12-2023 249.2061 None
12-12-2023 249.3842 None
11-12-2023 250.7716 None
08-12-2023 250.3981 None
07-12-2023 247.8956 None
06-12-2023 248.2375 None
05-12-2023 249.0714 None
04-12-2023 246.1728 None
01-12-2023 237.7827 None
30-11-2023 236.3314 None
29-11-2023 236.7706 None
28-11-2023 233.3104 None
24-11-2023 232.8197 None
23-11-2023 231.9264 None
22-11-2023 231.057 None
21-11-2023 232.6089 None
20-11-2023 231.6957 None
17-11-2023 231.9326 None
16-11-2023 234.986 None
15-11-2023 235.0695 None
13-11-2023 233.5589 None
10-11-2023 233.2125 None
09-11-2023 232.6059 None
08-11-2023 232.1753 None
07-11-2023 232.5182 None
06-11-2023 231.6176 None
03-11-2023 229.402 None
02-11-2023 227.8841 None
01-11-2023 226.1177 None
31-10-2023 227.1785 None
30-10-2023 228.2569 None
27-10-2023 227.0208 None
26-10-2023 224.5756 None
25-10-2023 227.3707 None
23-10-2023 229.6351 None
20-10-2023 232.9593 None
19-10-2023 232.8163 None
18-10-2023 233.4024 None
17-10-2023 236.1627 None
16-10-2023 235.3472 None
13-10-2023 235.7125 None
12-10-2023 236.8085 None
11-10-2023 236.2333 None
10-10-2023 235.0436 None
09-10-2023 232.3707 None
06-10-2023 234.7008 None
05-10-2023 233.5048 None
04-10-2023 232.6186 None
03-10-2023 235.0292 None
29-09-2023 236.0249 None
28-09-2023 234.2356 None
27-09-2023 236.2553 None
26-09-2023 235.7204 None
25-09-2023 236.4788 None
22-09-2023 235.415 None
21-09-2023 235.6417 None
20-09-2023 239.2965 None
18-09-2023 242.2017 None
15-09-2023 244.2335 None
14-09-2023 242.6905 None
13-09-2023 242.264 None
12-09-2023 240.4183 None
11-09-2023 241.7323 None
08-09-2023 239.8343 None
07-09-2023 238.5109 None
06-09-2023 236.1598 None
05-09-2023 237.1667 None
04-09-2023 237.0183 None
01-09-2023 236.385 None
31-08-2023 234.1469 None
30-08-2023 235.0729 None
29-08-2023 236.0254 None
28-08-2023 236.2139 None
25-08-2023 234.7871 None
24-08-2023 235.7704 None
23-08-2023 235.7686 None
22-08-2023 232.8499 None
21-08-2023 232.4351 None
18-08-2023 231.1405 None
17-08-2023 231.5788 None
16-08-2023 232.0458 None
14-08-2023 233.0987 None
11-08-2023 233.2106 None
10-08-2023 235.361 None
09-08-2023 236.8738 None
08-08-2023 236.7542 None
07-08-2023 236.3123 None
04-08-2023 236.0951 None
03-08-2023 233.1869 None
02-08-2023 235.5477 None
01-08-2023 238.4572 None
31-07-2023 238.4093 None
28-07-2023 237.4145 None
27-07-2023 238.2011 None
26-07-2023 240.6588 None
25-07-2023 239.038 None
24-07-2023 239.2899 None
21-07-2023 239.846 None
20-07-2023 240.3006 None
19-07-2023 237.5779 None
18-07-2023 236.6622 None
17-07-2023 236.548 None
14-07-2023 233.485 None
13-07-2023 232.1922 None
12-07-2023 232.1626 None
11-07-2023 232.8441 None
10-07-2023 232.7332 None
07-07-2023 233.0003 None
06-07-2023 235.546 None
05-07-2023 234.7015 None
04-07-2023 234.8634 None
03-07-2023 234.9853 None
30-06-2023 233.6256 None
28-06-2023 230.8678 None
27-06-2023 229.7651 None
26-06-2023 227.2641 None
23-06-2023 227.1659 None
22-06-2023 227.2079 None
21-06-2023 228.1504 None
20-06-2023 227.9864 None
19-06-2023 227.1373 None
16-06-2023 229.1763 None
15-06-2023 226.2853 None
14-06-2023 229.0231 None
13-06-2023 229.8565 None
12-06-2023 228.8375 None
09-06-2023 228.9232 None
08-06-2023 228.3978 None
07-06-2023 230.1446 None
06-06-2023 229.8714 None
05-06-2023 229.3664 None
02-06-2023 227.828 None
01-06-2023 227.0596 None
31-05-2023 228.6825 None
30-05-2023 229.8261 None
29-05-2023 228.5054 None
26-05-2023 227.5865 None
25-05-2023 225.8433 None
24-05-2023 225.653 None
23-05-2023 227.0331 None
22-05-2023 226.5409 None
19-05-2023 227.128 None
18-05-2023 226.113 None
17-05-2023 225.3912 None
16-05-2023 226.4206 None
15-05-2023 227.1112 None
12-05-2023 225.386 None
11-05-2023 224.0059 None
10-05-2023 223.208 None
09-05-2023 222.0528 None
08-05-2023 221.7353 None
05-05-2023 218.053 None
04-05-2023 224.3576 None
03-05-2023 222.9842 None
02-05-2023 222.8484 None
28-04-2023 222.1666 None
27-04-2023 221.425 None
26-04-2023 220.1042 None
25-04-2023 219.1047 None

Fund Launch Date: 16/Aug/2019
Fund Category: ETF
Investment Objective: The investment objective of the scheme is to provide returns that is closely correspond to the total returns of the securities as represented by the Nifty Private Bank index, subject to tracking error. However, there is no assurance or guarantee that the investment objective of the Scheme will be achieved.
Fund Description: 1) Ideal for Investors looking for investments in private bank segment. 2) An exchange traded fund that aims to provide returns that closely correspond to the returns provided by Nifty Private Bank Index, subject to tracking error.
Fund Benchmark: Nifty Private Bank Index (Total Return Index)
Source: Fund FactSheet

Disclaimer: NO INVESTMENT ADVICE. The Content is for informational purposes only.