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Quantum Nifty 50 ETF NSE: QNIFTY
₹250.35
-5.02
(27 Mar)
AUM
₹82 Cr
TER
0.09%
-1.7%
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1D
1W
3M
1Y
5Y
Price
₹250.35
Today’s high
₹254.23
Today’s low
₹248.03
52W high
₹291.19
52W low
₹236.40
1Y
-1.7%
5Y
NA
Volume
24,757
Average volume
9,491
Insights
QNIFTY has made a new 52 Wk low. 52 Wk low stocks tend to underperform in the near term.
QNIFTY price is below its 200 day moving average
QNIFTY PE is in the low end of its range over the past 2 years
QNIFTY PE is in the lowest 10% across all stocks. The market is valuing it as a value stock on an earnings basis.
QNIFTY has negative earnings and hence the PE is not defined
QNIFTY is in the lowest 10% returns in the past year. It is a low momentum stock. Low momentum stocks tend to underperform in the near term.
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Other Information
Fund objective
The investment objective of the scheme is to invest in stocks of companies comprising Nifty 50 Index and endeavour to achieve return equivalent to Nifty by “Passive” investment. The Scheme will be managed by replicating the index in the same weightage as in the Nifty 50 Index with the intention of minimizing the performance differences between the scheme and the Nifty 50 Index in capital terms, subject to market liquidity, costs of trading, managing expenses and other factors which may cause tracking error.
Fund manager(s)
Hitendra Parekh

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