AUTOBEES : Going long for about 6.25% of the net capitalI have taken 5 positions at different levels, resulting in a net holding in the scrip that accounts for approximately 6.25% of my net capital.
I might consider adding to the position if the price falls to the entry levels marked on the chart, depending on the momentum of the decline.
For now, my t
Key stats
About NIPPONAMC - NETFAUTO
Home page
Inception date
Jan 20, 2022
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Capitalizes
Primary advisor
Nippon Life India Asset Management Ltd. (Invt Mgmt)
ISIN
INF204KC1337
Nippon India Nifty Auto ETF is a passively managed exchange traded fund which will employ an investment approach designed to track the performance of Nifty Auto TRI. The Scheme seeks to achieve this goal by investing in securities representing the Nifty Auto Index.
Classification
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Related funds
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
AUTOBEES trades at 241.23 INR today, its price has fallen −0.63% in the past 24 hours. Track more dynamics on AUTOBEES price chart.
AUTOBEES price has risen by 5.22% over the last month, and its yearly performance shows a −2.14% decrease. See more dynamics on AUTOBEES price chart.
NAV returns, another gauge of an ETF dynamics, showed a 10.95% increase in three-month performance and has increased by 41.67% in a year.
NAV returns, another gauge of an ETF dynamics, showed a 10.95% increase in three-month performance and has increased by 41.67% in a year.
AUTOBEES fund flows account for 560.82 M INR (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
AUTOBEES expense ratio is 0.21%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, AUTOBEES isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, AUTOBEES technical analysis shows the buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating AUTOBEES shows the buy signal. See more of AUTOBEES technicals for a more comprehensive analysis.
Today, AUTOBEES technical analysis shows the buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating AUTOBEES shows the buy signal. See more of AUTOBEES technicals for a more comprehensive analysis.
No, AUTOBEES doesn't pay dividends to its holders.
AUTOBEES trades at a premium (0.13%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
AUTOBEES shares are issued by Nippon Life Insurance Co.
AUTOBEES follows the Nifty Auto Index - INR - Benchmark TR Gross. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Jan 20, 2022.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.