3-year CAGR of 7.6% is in the top 25th 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)?
Expense ratio of the Index fund (0.18%) is lower than average expense ratio of other Index funds/ETFs (0.29%) tracking Nifty SDL Sep 2027 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 error of the Index fund (1.04%) 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?
Tracking error of the Index fund is in line with average tracking error of other Index funds/ETFs (1.03%) tracking Nifty SDL Sep 2027 Index
This measures the relative tracking error of the Index fund/ETF with respect to average tracking error all index funds/ETFs tracking the same benchmark.
What is Tracking Error?
The scheme seeks to provide investment returns corresponding to the total returns of the securities as represented by the Nifty SDL Sep 2027 Index before expenses, subject to tracking errors.
