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An analysis of Cafemutual ETFs Research data shows that Nippon India ETF Nifty 50 BeES has the lowest impact cost of 0.03 in large cap space followed by Nippon India ETF Nifty Next 50 Junior BeES and SBI Nifty 50 ETF with an impact cost of 0.07 each.
This research looks at impact cost of 113 schemes as on October 2022.
ICICI Prudential S&P BSE Liquid Rate ETF, Nippon India ETF Nifty 1D Rate Liquid BeES and DSP NIFTY 1D Rate Liquid ETF have the least impact cost of 0.01 among debt ETFs.
In mid cap space, Nippon India ETF Nifty Midcap 150, ICICI Prudential Nifty Midcap 150 ETF and Motilal Oswal Nifty Midcap 100 ETF have impact of 0.14, 0.21 and 0.27, which are lowest among 31 schemes.
Impact cost is the difference between an ETF unit's ideal price and its trading price. 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 total 71 schemes reported
|
Ranking |
Scheme Name |
Impact cost |
|
1 |
Nippon India ETF Nifty 50 BeES |
0.03 |
|
2 (2 Schemes) |
Nippon India ETF Nifty Next 50 Junior BeES |
0.07 |
|
SBI Nifty 50 ETF |
||
|
3 |
SBI Nifty Next 50 ETF |
0.16 |
Mid Cap: Top 3 of total 31 schemes reported
|
Ranking |
Scheme Name |
Impact cost |
|
1 |
Nippon India ETF Nifty Midcap 150 |
0.14 |
|
2
|
ICICI Prudential Nifty Midcap 150 ETF |
0.21 |
|
3 |
Motilal Oswal Nifty Midcap 100 ETF |
0.27 |
Debt: Top 3 of total 20 schemes reported
|
Ranking |
Scheme Name |
Impact cost |
|
1 (3 Schemes) |
ICICI Prudential S&P BSE Liquid Rate ETF |
0.01 |
|
Nippon India ETF Nifty 1D Rate Liquid BeES |
||
|
DSP NIFTY 1D Rate Liquid ETF |
||
|
2 (2 Schemes) |
BHARAT Bond ETF - April 2025 |
0.06 |
|
BHARAT Bond ETF - April 2031 |
||
|
3 |
BHARAT Bond ETF - April 2030 |
0.07 |
Factor: Top 3 of total 14 schemes reported
|
Ranking |
Scheme Name |
Impact cost |
|
1 (2 Schemes) |
ICICI Prudential Nifty 100 Low Volatility 30 ETF |
0.17 |
|
ICICI Prudential Nifty50 Value 20 ETF |
||
|
2
|
ICICI Prudential Nifty Alpha Low- Volatility 30 ETF |
0.20 |
|
3 |
SBI Nifty 200 Quality 30 ETF |
0.26 |
Thematic: Top 3 of total 31 schemes reported
|
Ranking |
Scheme Name |
Impact cost |
|
1 |
Nippon India ETF Nifty Bank BeES
|
0.03 |
|
2 (2 Schemes)
|
CPSE ETF |
0.09 |
|
Nippon India ETF Nifty IT |
||
|
3 |
SBI Nifty Bank ETF |
0.10 |
Gold: Top 3 of total 11 schemes reported
|
Ranking |
Scheme Name |
Impact cost |
|
1 |
Nippon India ETF Gold BeES |
0.03 |
|
2
|
HDFC Gold ETF |
0.08 |
|
3 (2 Schemes) |
ICICI Prudential Gold ETF |
0.11 |
|
Kotak Gold ETF |
International: Top 3 of total 6 schemes reported
|
Ranking |
Scheme Name |
Impact cost |
|
1 |
Motilal Oswal NASDAQ 100 ETF |
0.08 |
|
2
|
Mirae Asset NYSE FANG+ ETF |
0.14 |
|
3 |
Nippon India ETF Hang Seng BeES |
0.39 |
