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An analysis done by Cafemutual shows that of the 12 ETF categories, Nippon India Mutual Fund has the lowest impact cost in five categories.
Nippon India ETF Nifty 50 BeES, Nippon India ETF Nifty Midcap 150, Nippon India ETF Nifty Bank BeES, Nippon India ETF Nifty 5 yr Benchmark G-Sec, Nippon India ETF Nifty 5 yr Benchmark G-Sec and Nippon India ETF Gold BeES have the lowest impact cost across their respective categories.
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.
In the large cap category, Nippon India ETF Nifty 50 BeES leads with the lowest impact cost of 0.03%, followed by Nippon India ETF Nifty Next 50 Junior BeES and SBI Nifty 50 ETF.
Among mid-cap ETFs, Nippon India ETF Nifty Midcap 150 has the lowest impact cost of 0.05%. Mirae Asset Nifty Midcap 150 ETF and Motilal Oswal Nifty Midcap 100 ETF have the next best impact cost of 0.11% and 0.12%, respectively.
In target maturity, the first two funds with the lowest impact cost are BHARAT Bond ETF - April 2025 and BHARAT Bond ETF - April 2030 with impact cost of 0.04% and 0.06%.
Among the sectoral ETFs, Nippon India ETF Nifty Bank BeES has the lowest impact cost of 0.03%. CPSE ETF and Nippon India ETF Nifty IT have an impact cost of 0.04% each. Nippon India ETF Nifty PSU Bank BeES came third with impact cost of 0.05%.
In the smart beta category, Kotak Nifty Alpha 50 ETF has the lowest impact cost of 0.11%.
In the debt category, Nippon India ETF Nifty 5 yr Benchmark G-Sec and Nippon India ETF Nifty 8-13 yr G-Sec Long Term Gilt have the lowest impact cost of 0.03%.
In commodity ETFs, Nippon India ETF Gold and Axis Silver ETF have the lowest impact cost.
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Here are the top three funds across categories in terms of lowest impact cost:
Large Cap
Rank |
Scheme |
Impact cost (%) |
1 |
Nippon India ETF Nifty 50 BeES |
0.03 |
2 |
BHARAT 22 ETF |
0.05 |
3 |
ICICI Prudential Nifty 50 ETF |
0.08 |
Mid Cap
Rank |
Scheme |
Impact cost (%) |
1 |
Nippon India ETF Nifty Midcap 150 |
0.05 |
2 |
Mirae Asset Nifty Midcap 150 ETF |
0.11 |
3 |
Motilal Oswal Nifty Midcap 100 ETF |
0.12 |
Target Maturity
Rank |
Scheme |
Impact cost (%) |
1 |
BHARAT Bond ETF - April 2025 |
0.04 |
2 |
BHARAT Bond ETF - April 2030 |
0.06 |
3 |
Axis Nifty AAA Bond Plus SDL Apr 2026 50:50 ETF |
0.07 |
Sectoral and Thematic
Rank |
Scheme |
Impact cost (%) |
1 |
Nippon India ETF Nifty Bank BeES |
0.03 |
2 |
CPSE ETF |
0.04 |
3 |
Nippon India ETF Nifty PSU Bank BeES |
0.05 |
Factor
Rank |
Scheme |
Impact cost (%) |
1 |
Kotak Nifty Alpha 50 ETF |
0.11 |
2 |
ICICI Prudential Nifty 100 Low Volatility 30 ETF |
0.12 |
3 |
ICICI Prudential Nifty 200 Momentum 30 ETF |
0.13 |
Debt
Rank |
Scheme |
Impact cost (%) |
1 |
Nippon India ETF Nifty 5 yr Benchmark G-Sec |
0.03 |
2 |
SBI Nifty 10 yr Benchmark G-Sec ETF |
0.09 |
3 |
ICICI Prudential Nifty 10 yr Benchmark G-Sec ETF |
0.11 |
Liquid
Rank |
Scheme |
Impact cost (%) |
1 |
Aditya Birla Sun Life CRISIL Liquid Overnight ETF |
0.01 |
Gold
Rank |
Scheme |
Impact cost (%) |
1 |
Nippon India ETF Gold BeES |
0.02 |
2 |
HDFC Gold ETF |
0.05 |
3 |
ICICI Prudential Gold ETF |
0.06 |
Silver
Rank |
Scheme |
Impact cost (%) |
1 |
Axis Silver ETF |
0.23 |
2 |
Mirae Asset Silver ETF |
0.27 |
3 |
Kotak Silver ETF |
0.34 |
International
Rank |
Scheme |
Impact cost (%) |
1 |
Motilal Oswal NASDAQ 100 ETF |
0.04 |
2 |
Nippon India ETF Hang Seng BeES |
0.09 |
3 |
Mirae Asset Hang Seng TECH ETF |
0.10 |