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An analysis done by Cafemutual shows that Nippon India Mutual Fund has the lowest impact cost across most ETF categories.
Nippon India ETF Nifty 50 BeES, Nippon India ETF Gold BeES, Nippon India ETF Nifty Bank BeES, Nippon India Silver ETF and Nippon India ETF Nifty 5 yr Benchmark G-Sec have the lowest impact cost across respective categories.
In the large cap category, Nippon India ETF Nifty 50 BeES has the lowest impact cost of 0.02%.
In the midcap category, Nippon India ETF Nifty Midcap 150 has the lowest impact cost of 0.06% and Motilal Oswal Nifty Midcap 100 ETF with 0.12%. ICICI Prudential Nifty Midcap 150 ETF and Mirae Asset Nifty Midcap 150 ETF have an impact cost of 0.14%, each.
DSP NIFTY 1D Rate Liquid ETF, ICICI Prudential S&P BSE Liquid Rate ETF and Nippon India ETF Nifty 1D Rate Liquid BeES have the lowest impact cost of 0.01% in liquid ETFs.
Impact cost is the difference between the ideal price of a unit and the traded price of a unit. It is reported in percentage terms. Lower the impact cost, better the fund return.
Cafemutual Ready Reckoner ETF Fund October 2023 captures details of 152 ETF funds across categories - Large cap (43), Midcap (6), Gold (10), Liquid (3), Silver (6), Debt (5), Sectoral thematic (42), Factor (21), International (7), Target maturity (8) and Flexi cap (1).
Click here to see the Cafemutual Ready Reckoner ETF.
Here are the top three funds across categories:
|
Large Cap |
||
|
Ranking |
Scheme |
Impact Cost |
|
1 |
Nippon India ETF Nifty 50 BeES |
0.02 |
|
2 |
Nippon India ETF Nifty Next 50 Junior BeES (Scheme 1) |
0.05 |
|
3 |
ICICI Prudential Nifty 50 ETF |
0.06 |
|
|
||
|
Target Maturity |
||
|
Ranking |
Scheme |
Impact Cost |
|
1 |
BHARAT Bond ETF - April 2025 |
0.04 |
|
2 |
BHARAT Bond ETF - April 2030 |
0.05 |
|
3 |
BHARAT Bond ETF - April 2031 |
0.06 |
|
|
||
|
Midcap |
||
|
Ranking |
Scheme |
Impact Cost |
|
1 |
Nippon India ETF Nifty Midcap 150 |
0.06 |
|
2 |
Motilal Oswal Nifty Midcap 100 ETF |
0.12 |
|
3 |
ICICI Prudential Nifty Midcap 150 ETF (Scheme 1) |
0.14 |
|
|
||
|
Sectoral/Thematic |
||
|
Ranking |
Scheme |
Impact Cost |
|
1 |
Nippon India ETF Nifty Bank BeES |
0.03 |
|
2 |
Nippon India ETF Nifty IT |
0.04 |
|
3 |
Nippon India ETF Nifty PSU Bank BeES |
0.05 |
|
|
||
|
Debt |
||
|
Ranking |
Scheme |
Impact Cost |
|
1 |
Nippon India ETF Nifty 5 yr Benchmark G-Sec |
0.03 |
|
2 |
Nippon India ETF Nifty 8-13 yr G-Sec Long Term Gilt |
0.05 |
|
3 |
Motilal Oswal Nifty 5 year Benchmark G-Sec ETF |
0.08 |
|
|
|
|
|
Factor |
||
|
Ranking |
Scheme |
Impact Cost |
|
1 |
ICICI Prudential Nifty 100 Low Volatility 30 ETF |
0.12 |
|
2 |
ICICI Prudential Nifty Alpha Low- Volatility 30 ETF |
0.15 |
|
3 |
Nippon India ETF Nifty 50 Value 20 |
0.18 |
|
Liquid |
||
|
Ranking |
Scheme |
Impact Cost |
|
1 |
DSP NIFTY 1D Rate Liquid ETF |
0.01 |
|
2 |
ICICI Prudential S&P BSE Liquid Rate ETF |
0.01 |
|
3 |
Nippon India ETF Nifty 1D Rate Liquid BeES |
0.01 |
|
|
||
|
Gold |
||
|
Ranking |
Scheme |
Impact Cost |
|
1 |
Nippon India ETF Gold BeES |
0.02 |
|
2 |
SBI Gold ETF |
0.03 |
|
3 |
HDFC Gold ETF |
0.06 |
|
|
|
|
|
International |
||
|
Ranking |
Scheme |
Impact Cost |
|
1 |
Motilal Oswal NASDAQ 100 ETF |
0.04 |
|
2 |
Mirae Asset NYSE FANG+ ETF |
0.06 |
|
3 |
Nippon India ETF Hang Seng BeES |
0.17 |
|
|
||
|
Silver |
||
|
Ranking |
Scheme |
Impact Cost |
|
1 |
Nippon India Silver ETF |
0.03 |
|
2 |
ICICI Prudential Silver ETF |
0.08 |
|
3 |
HDFC Silver ETF |
0.09 |
