BSE vs Quantum Nifty Exchange Traded Scheme Which Is a Smarter Choice?
BSE and Quantum Nifty Exchange Traded Scheme stocks represent two distinct investment avenues in the Indian stock market. The BSE, or Bombay Stock Exchange, is one of the oldest and largest stock exchanges in Asia, offering a wide range of equity and debt securities for trading. On the other hand, the Quantum Nifty Exchange Traded Scheme stocks track the performance of the Nifty index, providing investors with a passive investment option in top Indian companies. Both BSE and Quantum Nifty offer unique opportunities for investors seeking exposure to the Indian stock market.
BSE or Quantum Nifty Exchange Traded Scheme?
When comparing BSE and Quantum Nifty Exchange Traded Scheme, different investors may prioritize various metrics based on their investment strategies and goals. So, ask yourself what type of investor you are. This will guide you in determining which metrics are most important for your investment decision between BSE and Quantum Nifty Exchange Traded Scheme.
Dividend Investors:
Dividend investors look for stable and growing income streams, using dividend metrics to assess potential investments. A company's dividend yield essentially measures the size of its dividend relative to the total market value of the company.
BSE has a dividend yield of 0.32%, while Quantum Nifty Exchange Traded Scheme has a dividend yield of 0%. Beyond the yield itself, considering the growth and sustainability of these dividends is also crucial. BSE reports a 5-year dividend growth of -26.52% year and a payout ratio of 0.00%. On the other hand, Quantum Nifty Exchange Traded Scheme reports a 5-year dividend growth of 0.00% year and a payout ratio of 0.00%.
Value Investors:
Value investors focus on financial metrics to determine a stock's intrinsic value compared to its market value. The Price-to-Earnings (P/E) Ratio links stock price to a company's earnings per share, with BSE P/E ratio at 104.18 and Quantum Nifty Exchange Traded Scheme's P/E ratio at 0.00. Another crucial valuation metric is the Price-to-Book (P/B) Ratio, which compares stock price with book value per share. BSE P/B ratio is 14.19 while Quantum Nifty Exchange Traded Scheme's P/B ratio is 0.00.
Growth Investors:
Growth investors prioritize metrics indicative of a company's expansion potential. Focusing on top-line growth, BSE has seen a 5-year revenue growth of 3.50%, while Quantum Nifty Exchange Traded Scheme's is 0.00%. Return on Equity (ROE) measures how effectively a company uses equity investment to generate earnings, with BSE's ROE at 15.23% and Quantum Nifty Exchange Traded Scheme's ROE at 0.00%.
Retail Investors:
Retail investors often consider stock affordability and company familiarity. For example, day low prices are ₹4560.00 for BSE and ₹2600.00 for Quantum Nifty Exchange Traded Scheme. Over the past year, BSE's prices ranged from ₹1941.05 to ₹4989.80, with a yearly change of 157.07%. Quantum Nifty Exchange Traded Scheme's prices fluctuated between ₹780.00 and ₹2662.20, with a yearly change of 241.31%. Brand recognition also plays a role, as familiarity with a company can influence investment decisions.