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A report released on passives by Cafemutual shows that Axis Nifty 100 Index Fund has the highest distributable TER of 0.85% in the large cap index funds.
Next in the list were LIC MF Nifty 50 Index Fund and LIC MF S&P BSE Sensex Index Fund with distributable TER of 0.81% and 0.70%, respectively.
Distributable TER is the difference between regular plan TER and direct plan TER. It’s calculated in percentage terms. It indicates the leeway that the fund houses can pay as trail commission to their distributors.
In the mid cap space, Navi Nifty Midcap 150 Index Fund takes the lead with a distributable TER of 0.89%. On the other hand, Axis Nifty Smallcap 50 Index Fund has the highest distributable TER of 0.75% in the small cap space.
In the debt index category, Aditya Birla Sun Life Nifty SDL Apr 2027 Index Fund has the highest distributable TER of 0.35%. Further, Motilal Oswal S&P 500 Index Fund has the highest distributable TER of 0.57% among international index funds.
Overall, we looked at 94 such schemes. Out of these Navi Nifty Midcap 150 Index Fund has the highest TER of 0.89% across all categories.
Here are the lists of index funds with the highest distributable TER across all categories:
Large cap
|
|
Scheme Name |
Distributable TER |
|
1 |
Axis Nifty 100 Index Fund |
0.85 |
|
2 |
LIC MF Nifty 50 Index Fund |
0.81 |
|
3 |
LIC MF S&P BSE Sensex Index Fund |
0.7 |
|
4 |
Motilal Oswal Nifty Next 50 Index Fund |
0.68 |
|
5 |
HDFC NIFTY50 Equal Weight Index Fund |
0.65 |
|
6 |
Aditya Birla Sun Life Nifty 50 Equal Weight Index Fund |
0.64 |
|
7 |
Aditya Birla Sun Life Nifty Next 50 Index Fund |
0.60 |
|
8 |
Motilal Oswal S&P BSE Low Volatility Index Fund |
0.60 |
|
9 |
HDFC Nifty 100 Index Fund |
0.60 |
|
10 |
HDFC NIFTY 100 Equal Weight Index Fund |
0.60 |
Midcap
|
|
Scheme Name |
Distributable TER |
|
1 |
Navi Nifty Midcap 150 Index Fund |
0.89 |
|
2 |
ICICI Prudential Nifty Midcap 150 Index Fund |
0.80 |
|
3 |
Axis Nifty Midcap 50 Index Fund |
0.75 |
|
4 |
Motilal Oswal Nifty Midcap 150 Index Fund |
0.70 |
|
5 |
Aditya Birla Sun Life Nifty Midcap 150 Index Fund |
0.60 |
|
6 |
Nippon India Nifty Midcap 150 Index Fund |
0.60 |
|
7 |
UTI Nifty Midcap 150 Quality 50 Index Fund |
0.46 |
Small cap
|
|
Scheme Name |
Distributable TER |
|
1 |
Axis Nifty Smallcap 50 Index Fund |
0.75 |
|
2 |
Nippon India Nifty Smallcap 250 Index Fund |
0.70 |
|
3 |
Motilal Oswal Nifty Smallcap 250 Index Fund |
0.68 |
|
4 |
Aditya Birla Sun Life Nifty Smallcap 50 Index Fund |
0.58 |
Factor fund
|
|
Scheme Name |
Distributable TER |
|
1 |
Motilal Oswal Nifty 200 Momentum 30 Index Fund |
0.66 |
|
2 |
Nippon India Nifty 50 Value 20 Index Fund |
0.60 |
|
3 |
Edelweiss Nifty 100 Quality 30 Index Fund |
0.56 |
|
4 |
UTI Nifty200 Momentum 30 Index Fund |
0.51 |
|
5 |
UTI S&P BSE Low Volatility Index Fund |
0.46 |
Sectoral/Thematic
|
|
Scheme Name |
Distributable TER |
|
1 |
ICICI Prudential Nifty Bank Index Fund |
0.80 |
|
2 |
Navi Nifty Bank Index Fund |
0.70 |
|
3 |
Motilal Oswal Nifty Bank Index Fund |
0.67 |
Target maturity
|
|
Scheme Name |
Distributable TER |
|
1 |
Aditya Birla Sun Life Nifty SDL Apr 2027 Index Fund |
0.35 |
|
2 |
Tata Nifty SDL Plus AAA PSU Bond Dec 2027 60:40 Index Fund |
0.25 |
|
Bandhan CRISIL IBX Gilt April 2028 Index Fund |
0.25 |
|
|
Bandhan CRISIL IBX Gilt June 2027 Index Fund |
0.25 |
|
|
3 |
Mirae Asset Nifty SDL Jun 2027 Index Fund |
0.23 |
|
4 |
Nippon India Nifty AAA CPSE Bond Plus SDL - Apr 2027 Maturity 60:40 Index Fund |
0.22 |
|
5 |
Edelweiss NIFTY PSU Bond Plus SDL Apr 2027 50:50 Index |
0.20 |
|
Aditya Birla Sun Life CRISIL IBX 60:40 SDL+AAA PSU-Apr 2027 Index Fund |
0.20 |
|
|
Edelweiss NIFTY PSU Bond Plus SDL Apr 2026 50:50 Index Fund |
0.20 |
|
|
ICICI Prudential Nifty PSU Bond Plus SDL Sep 2027 40:60 Index Fund |
0.20 |
|
|
HSBC CRISIL IBX 50:50 Gilt Plus SDL Apr 2028 Index Fund |
0.20 |
|
|
Aditya Birla Sun Life CRISIL IBX AAA - Jun 2023 Index Fund |
0.20 |
|
|
6 |
Edelweiss CRISIL PSU Plus SDL 50:50 Oct 2025 Index Fund |
0.19 |
|
7 |
SBI CPSE Bond Plus SDL Sep 2026 50:50 Index Fund |
0.18 |
|
8 |
Aditya Birla Sun Life Nifty SDL Plus PSU Bond Sep 2026 60:40 Index Fund |
0.16 |
|
Kotak Nifty SDL Apr 2032 Top 12 Equal Weight Index Fund |
0.16 |
|
|
9 |
Aditya Birla Sun Life CRISIL IBX 60:40 SDL+AAA PSU-Apr 2025 Index Fund |
0.15 |
|
ICICI Prudential Nifty SDL Sep 2027 Index Fund |
0.15 |
|
|
Kotak Nifty SDL Apr 2027 Top 12 Equal Weight Index Fund |
0.15 |
|
|
Axis CRISIL IBX 70:30 CPSE Plus SDL April 2025 Index Fund |
0.15 |
|
|
Axis CRISIL IBX SDL May 2027 Index Fund |
0.15 |
|
|
10 |
DSP Nifty SDL Plus G-Sec Jun 2028 30:70 Index Fund |
0.12 |
International fund
|
|
Scheme Name |
Distributable TER |
|
1 |
Motilal Oswal S&P 500 Index Fund |
0.57 |
|
2 |
Edelweiss MSCI India Domestic & World Healthcare 45 Index Fund |
0.57 |
|
3 |
Motilal Oswal MSCI EAFE Top 100 Select Index Fund |
0.56 |
|
4 |
ICICI Prudential NASDAQ 100 Index Fund |
0.50 |
Multicap
|
|
Scheme Name |
Distributable TER |
|
1 |
Motilal Oswal Nifty 500 Index Fund |
0.67 |
