Expense ratio of the Index fund (0.2%) is lower than average expense ratio of other Index funds/ETFs (0.29%) tracking Nifty G-sec Dec 2030 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?
Tracking difference of the Index fund (0.28%) is low
This measures the difference in returns (last 1 year) between the Index fund/ETF and its respective benchmark. Lower absolute tracking difference is better
What is Tracking Difference (1Y)?
3-year CAGR of 7.29% is between 25th and 75th percentile in its category - Debt: Target Maturity
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)?
Tracking error of the Index fund (1.3%) is in a reasonable range
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?
The scheme seeks to track the Nifty G-sec Dec 2030 Index by investing in Government Securities, maturing on or before Dec 2030, subject to tracking errors.
