Respected Readers,
Due to bear phase in Indian stock market currently no any good stock traded over his 200 DMA so this time from 16 March 2020 to 31 March 2020, I recommended to buy a good SBI managed ETF. So instead of any regular stock we choose SBI ETF Quality for investment.
1. SBI ETF Quality is a NIFTY 200 Quality 30 Index based ETF.
2. This ETF is managed by SBI Funds Management Private Ltd.
3. You can buy this ETF like a normal share NSE Code of SBI ETF Qualiry is SBIETFQLTY and ISIN is INF200KA1WX6.
4. SBI ETF Quality aims to cover companies which have durable business model resulting in sustained growth.
5.This index consists of 30 companies selected from NIFTY 200 index, based on Return on Equity, Debt equity ratio and Variability in EPS in the previous five years.
6.The index series has a base date of April 01, 2005 and a base value of 1000. Current Index Value is 8531.40 ( Do not worry 8531.40 is not a current price of ETF , It is index value, Currant price of ETF is 98.90 only)
7.Stocks from NIFTY 200 index at the time of review are eligible for inclusion in the index
30 companies with higher profitability, lower leverage and more stable earnings are selected to be part of the index
The weight of each stock in the index is based on the combination of stock’s quality score and its free float market capitalization.
8. This Index is re-balanced semi-annually. You Can see currant stocks of this index here:-
9. Currant price of SBI ETF Quality is 98.90
10. For ETF investing we use Smart Averaging Method new followers watch this video to learn more about smart averaging method:-
Your views are invited in comments
Disclaimer:- This is not an advisory service to buy or sell. The contents of “this research report” are only for educational purposes. No liability is accepted for any content in “this research report.” The author is neither a registered stockbroker nor a registered advisor and does not give investment advice. His comments are an expression of opinion only and should not be construed in any manner whatsoever as recommendations to buy or sell a stock, option, future, bond, commodity, index or any other financial instrument at any time. The author recommends that you consult with a qualified investment advisor, one licensed by appropriate regulatory agencies in your legal jurisdiction, before making any investment decisions. Please read the full disclaimer at the bottom of my blog.
Discloser:- I Mahesh Chander Kaushik, author of this research report is an existing research analyst and passed NISM certification for research analysts. I am also registered under SEBI(RESEARCH ANALYSTS) REGULATIONS, 2014 ( SEBI Registration Number INH 100000908 ) hereby disclose about my financial interest in the subject company and the nature of such financial interest:- 1 Me and my associates or relatives have not held any share of SBI ETF Quality, so my personal interest is not included in this stock. 2. Me and my associates or relatives have not any actual/beneficial ownership of one percent or more securities of the subject company ( SBI ETF Quality). 3. Me and my associates or relatives have not any other material conflict of interest at the time of publication of the research report. 4. Me and my associates or relatives have not received any type of compensation from the subject company(SBI ETF Quality) in the past twelve months. 5. I am not served as an officer, director or employee of the subject company (SBI ETF Quality). 6. I have been not engaged in market making activity for the subject company (SBI ETF Quality).
