Expense ratio of the Index fund (0.5%) is lower than average expense ratio of other Index funds/ETFs (0.86%) tracking BSE Multicap Consumption 50:30:20 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?
Tracking error of the Index fund (0.14%) 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?
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, before expenses, that commensurate with the performance of BSE Multicap Consumption 50:30:20 Index (TRI), subject to tracking error.
