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An analysis of Cafemutual ETF Research Desk August 2022 shows that 17 ETFs had an impact cost of 0.10% or less. The report captures impact cost details as on July 2022 for 110 ETFs.
Impact cost is simply the difference between ideal price of an ETF unit and traded price of an ETF unit. Typically, when an investor buys or sells ETFs from a stock exchange, the chances are higher that he does not get the quoted price of unit by stock exchange due to different lot sizes and volumes. Impact cost is reported in percentage terms. The lower the impact cost, the better the ETF.
Here are the top 3 funds with the lowest impact cost across different categories.
Large Cap: Top 3 of the total 43 schemes reported
Mid Cap: Top 3 of the total 4 schemes reported
Flexi Cap: Top 3 of the total 3 schemes reported
Factor: Top 3 of the total 6 schemes reported
Thematic/Sectoral: Top 3 of the total 28 schemes reported
Debt: Top 3 of the total 15 schemes reported
Gold: Top 3 of the total 11 schemes reported
Cafemutual ETF Research Desk August 2022 also captures AUM size, TER, average daily volume, tracking error, tracking difference (1 year) and returns (1, 3 and 5 years).
Click here to view the research desk.
