
Expense ratio of the Index fund (0.38%) is lower than average expense ratio of other Index funds/ETFs (0.43%) tracking NIFTY 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?
3-year CAGR of 8.08% is in the bottom 25th percentile in its category - Equity: ELSS
This is measured by percentile rank of the scheme in its category based on 3-year CAGR. Lower rank implies that scheme was a relative outperformer in its category
What is CAGR (3Y)?
The scheme seeks to invest in stocks comprising the Nifty 50 Index in the same proportion as in the index to achieve returns equivalent to the Total Returns Index of Nifty 50 Index (subject to tracking error).