
Mirae Asset BSE LargeMid (60:40) Stable Dividend 50 ETF Regular-Growth
Price & Volume
Key Talking Points
Low tracking error
Tracking error of the ETF (0.2%) is low
This is a measure of how well an Index fund/ETF has been able to replicate the performance of the benchmark its tracking. As a passive investor, lower tracking error is always better
What is Tracking Error?
Relatively high expense ratio
Expense ratio of the ETF (3.63%) is higher than average expense ratio of other Index funds/ETFs (2.71%) tracking BSE LargeMid (60:40) Stable Dividend 50 Total Return Index
This measures the relative expense of the index fund/ETF with respect to average expense ratio all index funds/ETFs tracking the same benchmark. Investors should always prefer schemes with lower expense, everything else remaining the same
What is Expense ratio?
Not enough performance data
Since this is a relatively new scheme (less than 3 years), we do not have sufficient data to conduct meaningful performance analysis
Scheme Overview
The scheme seeks to generate returns, before expenses, that are commensurate with the performance of the BSE LargeMid (60:40) Stable Dividend 50 Total Return Index, subject to tracking error.