Expense ratio of the Index fund (1.23%) is higher than average expense ratio of other Index funds/ETFs (0.9%) tracking Nifty 200 Momentum 30 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
The scheme seeks to provide returns that correspond to the total returns of the securities as represented by the underlying index, subject to tracking error.
