Tracking error of the Index fund (0.21%) 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?
Expense ratio of the Index fund (4.31%) is higher than average expense ratio of other Index funds/ETFs (3.19%) tracking Nifty REITs & Realty 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?
Since this is a relatively new scheme (less than 3 years), we do not have sufficient data to conduct meaningful performance analysis
Tracking error of the Index fund is lower than average tracking error of other Index funds/ETFs (0.74%) tracking Nifty REITs & Realty Total Return 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 achieve a return equivalent to Nifty REITs & Realty Index by investing in the stocks of companies which comprise the Nifty REITs & Realty Index, subject to tracking error.
