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An analysis done by Cafemutual shows that 19 ETFs have an impact cost of 0.15% or less.
The report shows that Nippon India Mutual Fund has reported low impact costs across ETF categories.
In the large cap category, Nippon India ETF Nifty 50 BeES has the lowest impact cost of 0.3%. Nippon India ETF Nifty Next 50 Junior BeES and SBI Nifty 50 ETF are the next two ETFs in the large cap space with impact cost of 0.6%.
Impact cost is the difference between the ideal price of unit and the traded price of unit. It is reported in percentage terms. Lower the impact cost, better the fund return.
Cafemutual Ready Reckoner ETF Fund March 2023 captures details of 131 ETF funds across categories - large cap (40), mid cap (7), gold (11), silver (3), debt (16), thematic (36), factor (10), international (7) and flexi cap (1). Click here to know more.
For those seeking to invest in ETFs with the lowest impact cost, here are the top three funds across different categories:
Large Cap
|
Ranking |
Scheme name |
Impact cost % |
|
1 (1 scheme) |
|
0.03 |
|
2 (2 schemes) |
|
0.06 |
|
3 (1 scheme) |
|
0.08 |
Mid Cap
|
Ranking |
Scheme name |
Impact cost % |
|
1 (1 scheme) |
|
0.09 |
|
2 (1 schemes) |
|
0.18 |
|
3 (1 scheme) |
|
0.19 |
Gold
|
Ranking |
Scheme name |
Impact cost % |
|
1 (1 scheme) |
|
0.03 |
|
2 (1 scheme)
|
|
0.04 |
|
3 (1 scheme) |
|
0.08 |
Silver
|
Ranking |
Scheme name |
Impact cost % |
|
1 (1 scheme) |
|
0.04 |
|
2 (1 scheme) |
|
0.08 |
Debt
|
Ranking |
Scheme name |
Impact cost % |
|
1 (2 schemes) |
|
0.01 |
|
2 (1 scheme) |
|
0.03 |
|
3 (1 scheme) |
|
0.05 |
International
|
Ranking |
Scheme name |
Impact cost % |
|
1 (1 scheme) |
|
0.05 |
|
2 (1 scheme) |
|
0.08 |
|
3 (2 scheme) |
|
0.27 |
Factor
|
Ranking |
Scheme name |
Impact cost % |
|
1 (1 scheme) |
|
0.15 |
|
2 (1 scheme) |
|
0.17 |
|
3 (1 scheme) |
|
0.18 |
Thematic
|
Ranking |
Scheme name |
Impact cost % |
|
1 (1 scheme) |
|
0.03 |
|
2 (1 scheme) |
|
0.05 |
|
3 (1 scheme) |
|
0.08 |
Flexi cap
|
Ranking |
Scheme name |
Impact cost % |
|
1 (1 scheme) |
|
0.26 |
