ETF iNAV Tracker & Screener India

Covers Nippon India ETF Gold BeES (GOLDBEES), Nifty BeES (NIFTYBEES), Bank BeES (BANKBEES), Junior BeES (JUNIORBEES), Nippon India Silver ETF (SILVERBEES), ICICI Prudential Nifty 50 ETF (NIFTYIETF), SBI ETF Nifty 50 (SETFNIF50), HDFC Nifty 50 ETF (HDFCNIFTY), Nifty IT (ITBEES), PSU Bank BeES (PSUBNKBEES) and 190+ more NSE-listed ETFs in one sortable table.

What is iNAV of an ETF?

iNAV (Indicative Net Asset Value) is the real-time estimated fair value of an ETF, computed every 15 seconds from the live prices of all its underlying holdings. It is what the ETF should be worth right now.

NAV vs iNAV — what's the difference?

NAV is the official end-of-day value calculated after market close. iNAV is the live intra-day estimate. When buying an ETF during market hours, always compare to iNAV — not yesterday's NAV.

ETF at Premium

Market price > iNAV. You are paying more than the fair value of the underlying basket. Common in low-liquidity ETFs. For active ETFs like Nifty BeES, premiums above 0.5% are rare and short-lived.

ETF at Discount

Market price < iNAV. You buy the basket for less than its fair value — generally a favorable entry. A persistent large discount (>1%) can signal very low liquidity in that ETF.

We take the ETF's NSE closing price and the official NAV that the fund house publishes for the same day. Same day on both sides means the number is exact — it works the same way for equity, gold, silver, debt and international ETFs. A positive number means buyers paid more than the ETF's holdings were worth; negative means they paid less.

Some ETFs always trade a little above NAV, others a lot. Comparing today's premium with the ETF's own usual level tells you whether today is a good or bad time to buy that particular ETF. An arrow next to it shows how many points today's premium is above (▲ red) or below (▼ green) normal; no arrow means today is within 0.25 points of normal. Hover over the number to see the lowest and highest premium of the year.

More money traded per day means tighter buy-sell spreads and prices closer to NAV. If an ETF did not trade on every market day of the month, we show how many days it did trade.

Premiums of 10–50% on US and Hong Kong ETFs are real, not a data error. Mutual funds have a limit on how much they can invest abroad, so fund houses stop creating new units and the price floats above NAV. Buying at a big premium means you lose that premium if it shrinks — check the Normal premium column first.

NSE calculates iNAV every 15 seconds during market hours, but it does not offer that feed publicly. An estimate built from index moves works for some Nifty ETFs but is wrong for gold, silver, debt and international ETFs. So we show the exact premium at the last close instead. For the live iNAV of a single ETF during market hours, use the "View live iNAV" button in the ETF's detail window, which opens NSE's page.

How to check iNAV of ETF India online without Zerodha or SBI?

You do not need a broker account to check ETF iNAV. This Deep Money Minds ETF iNAV Tracker shows the closing price, official NAV, and premium/discount for all NSE ETFs in one place, updated daily — free and without any login.

How to check NIFTYBEES, GOLDBEES, or BANKBEES iNAV live?

Use the search box above. Type "NIFTYBEES" to see Nippon India ETF Nifty BeES NAV, closing price, premium/discount, and its usual premium over the last year. Same for "GOLDBEES" (Nippon India ETF Gold BeES) and "BANKBEES" (Nippon India ETF Bank BeES). All three are among the most liquid ETFs on NSE and typically trade within ±0.05% of their iNAV. NSE computes iNAV every 15 seconds during market hours; this tracker uses each day's closing price and official NAV, updated every morning.

How is ETF iNAV calculated?

iNAV is calculated by summing the current market prices of all the ETF's holdings, weighted by their allocation, and dividing by the total units outstanding. NSE computes and publishes this every 15 seconds during market hours. For a Nifty 50 ETF, all 50 stock prices are used; for a Gold ETF, the live domestic gold price is used.

How to find iNAV of Gold ETF in India?

Search "gold" in the ETF iNAV Tracker above. All Gold ETFs — Nippon India ETF Gold BeES (GOLDBEES), HDFC Gold ETF (HDFCMFGETF), SBI Gold ETF (SETFGOLD), Axis Gold ETF — will appear with their NAV and whether they are at a premium or discount to it. Nippon India ETF Gold BeES (GOLDBEES) is the most liquid and most searched Gold ETF for iNAV data.

How to check iNAV of Tata Silver ETF / Silver ETF India?

Search "silver" in the tracker above. Nippon India Silver ETF (SILVERBEES) and Tata Silver ETF track domestic silver prices. Silver ETFs tend to have wider premium/discount ranges than Nifty or Gold ETFs due to lower trading volumes — making it especially important to check iNAV before placing a buy order.

Which ETFs in India have the lowest premium to iNAV?

High-volume ETFs consistently trade closest to their iNAV. The tightest typically include: Nippon India ETF Nifty BeES (NIFTYBEES), Nippon India ETF Gold BeES (GOLDBEES), Nippon India ETF Bank BeES (BANKBEES), Nippon India ETF Nifty Next 50 Junior BeES (JUNIORBEES), ICICI Prudential Nifty 50 ETF (NIFTYIETF), SBI ETF Nifty 50 (SETFNIF50), and HDFC Nifty 50 ETF (HDFCNIFTY). Sort this tracker by the Premium or Normal premium column to see the rankings.

Is it good to buy ETF at a discount?

Generally yes — buying at a discount means you get the underlying basket of assets for less than their market value, which is a small but real advantage. However, if an ETF consistently trades at a large discount, it may signal liquidity issues. Stick to ETFs with high average daily volumes for tighter spreads.

Why does ETF iNAV data only update during market hours?

iNAV is a live calculation based on the real-time prices of the underlying securities. Since NSE trading happens between 9:15 AM and 3:30 PM IST on weekdays, iNAV is only published during this window. This tracker does not show intraday iNAV — it compares each day's closing price with that day's official NAV, which is exact for every ETF type.

Can I use this as an ETF screener for India?

Yes. You can filter by premium-only, discount-only, or high premium/discount (>0.5%), filter by asset type, AMC and liquidity, sort by usual premium, ₹ traded per day, TER or 1Y/3Y returns, and search by name or symbol. It shows the entire NSE ETF universe, updated daily — making it a simple but powerful ETF screener for Indian investors.

What is an acceptable premium or discount for an ETF in India?

A premium or discount within ±0.1% is excellent — typical for the most liquid ETFs like Nippon India ETF Nifty BeES (NIFTYBEES) or Nippon India ETF Gold BeES (GOLDBEES). Up to ±0.5% is acceptable. Between 0.5% and 1% warrants caution. Anything beyond 1% is a red flag indicating very low liquidity. ET Money and NSE both suggest less than 1% as the safe upper limit for retail ETF execution.

How do I check if an ETF is trading at a premium or discount?

Three steps: (1) Note the ETF's current market price on NSE. (2) Find its iNAV — published by NSE every 15 seconds during market hours. (3) If market price > iNAV, the ETF is at a premium; if market price < iNAV, it is at a discount. The easiest way is to use the tracker above — it shows the premium/discount % for all 340+ NSE ETFs at once with color-coded badges.

How do I check ETF liquidity in India?

Check three things: (1) Average Daily Volume — higher volume = tighter spreads. (2) AUM — larger AUM means more active market makers. (3) Premium/discount to iNAV — a gap under 0.1% is the clearest sign of good liquidity. The Traded/day column in this tracker shows the average ₹ traded per day over the last month. Sort by it to instantly rank all NSE ETFs by liquidity. Nippon India ETF Nifty BeES (NIFTYBEES), Nippon India ETF Gold BeES (GOLDBEES), and Nippon India ETF Bank BeES (BANKBEES) consistently top the list.

What is the 7% rule in ETF investing?

The 7% rule (from investor William O'Neil) is a stop-loss discipline: exit any position that falls 7–8% below your purchase price to avoid larger losses. Applied to ETFs in India, it means setting a personal exit threshold before you buy. Since ETFs track a diversified index and cannot go to zero like individual stocks, many Indian investors use a 10–15% rule instead. The principle is the same: decide your maximum tolerable loss before placing the order, not after.

How to check iNAV of ETF in Zerodha Kite?

Zerodha Kite shows the live market price of an ETF but does not display iNAV directly. To compare an ETF's market price against its iNAV in Zerodha, you would need to separately look up iNAV on NSE's website. This ETF iNAV Tracker is the faster alternative — it places each ETF's official NAV side by side with its closing price for all 340+ ETFs at once, with the usual premium, making it easy to spot whether you are paying a fair price before placing an order in Kite.

Why does an ETF trade at a premium or discount to iNAV?

ETFs can temporarily trade at a premium or discount due to supply-demand imbalances on the exchange. If more investors want to buy than sell at a given moment, the market price rises above iNAV (premium). If more want to sell, it falls below iNAV (discount). Authorised Participants (APs) — large institutional players — can create or redeem ETF units to bring the price back in line with iNAV, but this arbitrage takes time. During high volatility or thin trading, the gap can widen significantly, which is why checking iNAV before any ETF buy order matters.

Built by

Kuldeep Singh

Personal Finance Writer & Developer

Finance content creator focused on radical transparency in Indian personal finance. I build tools that use real data so Indian investors can make genuinely informed decisions. This ETF iNAV Tracker compares every ETF's price with its official NAV — because the only honest way to know if you're overpaying for an ETF is to compare its price to its fair value.