Nippon India BSE Sensex Next 30 ETF
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Investing Reference
Trading Reference
AI Probability Statement
Probability Statement
The Nippon India BSE Sensex Next 30 ETF is currently trading near a key support level, with the 50-day EMA indicating a potential upward trend. However, resistance levels are present that could limit upside potential. Given the current volume trends, there is a moderate probability of a price increase in the medium term, but caution is advised due to potential volatility.
Probability estimates are technical-context statements, not investment advice.
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Business Overview
The Nippon India BSE Sensex Next 30 ETF offers investors a unique opportunity to gain exposure to the next tier of companies in India's leading stock market index. Designed for those looking to diversify their portfolio beyond the top 30 stocks, this ETF is ideal for both seasoned investors and newcomers. It matters because it represents growth potential in emerging sectors, providing a balanced approach to equity investment. With low expense ratios and liquidity, it ensures accessibility and ease of trading for all investors.
- Diversifies exposure beyond top 30 stocks
- Targets growth in emerging sectors
- Low expense ratios for cost-effective investing
- High liquidity for easy trading
- Suitable for both seasoned and new investors
Investment Thesis
Nippon India BSE Sensex Next 30 ETF is a compelling investment option, driven by a reputable promoter group and a robust growth trajectory in digital services. Its attractive valuation compared to peers presents a unique opportunity for investors looking to capitalize on India's evolving market landscape.
- Strong backing from Nippon Life, a leading global financial services group.
- Exposure to high-growth sectors through the Next 30 companies in the Sensex.
- Significant potential in digital services, aligning with India's tech-driven economy.
- Attractive valuation metrics compared to similar ETFs, enhancing return potential.
- Diversified portfolio reduces risk while capturing growth from emerging market leaders.
Opportunity vs Risk
- Diversification in top 30 stocks
- Potential for long-term capital growth
- Low expense ratio compared to mutual funds
- Access to large-cap companies
- Tax benefits on long-term investments
- Market volatility affecting returns
- Sector concentration risks
- Economic slowdown impact
- Regulatory changes in ETF space
- Tracking error compared to index
Peer Perspective
Nippon India BSE Sensex Next 30 ETF trades at a slight premium compared to its peers like SBI ETF Nifty Next 50 and ICICI Prudential Nifty Next 50 ETF. A rerating could occur with consistent margin stability and growth acceleration.
Future Outlook
Nippon India BSE Sensex Next 30 ETF shows promising potential for growth, driven by strong market fundamentals; however, successful execution and effective cost control will be crucial to fully realize this potential.
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10BusinessHighThe ETF focuses on companies in a future-ready sector with a diversified model.
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10GrowthHighConsistent revenue and profit growth observed in underlying stocks.
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10ProfitabilityHighROE and ROCE are above industry averages, but OCF shows some volatility.
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8ValuationHighP/E and P/B ratios are slightly above peers, indicating potential overvaluation.
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7BalanceHighDebt levels are manageable, but liquidity could be improved.
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6GovernanceGoodPromoter holding is stable, but some concerns over pledging.
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5DriversGoodGrowth drivers are present, but execution risks remain.
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5TechnicalsGoodMarket sentiment is neutral, with moderate liquidity.
AI Confidence Score
Instead of just “overall score,” broken into categories:
- Business Strength: 75/100
- Growth Potential: 70/100
- Profitability: 65/100
- Governance: 80/100
- Market Confidence: 75/100