EQUITY BENCHMARK • 1 PASSIVE SCHEMES

BSE Top 10 Bank Index Funds & ETFs — Key Metrics

Compare all passive mutual funds and ETFs tracking BSE Top 10 Bank by live tracking error, direct expense ratio (TER), and AUM.

Data sourced from AMC Factsheets • Updated monthly for 300+ Indian Index Funds & ETFs
2026-09-30
All FundsAll past dates included

BSE Top 10 Bank Category Summary & Statistics

Active Index Funds / ETFs

1

Tracking BSE Top 10 Bank

Category Avg. Expense Ratio

1.95%

Avg Direct Plan TER

Lowest Expense Ratio

1.95%

Edelweiss BSE Top 10 Bank ETF

Highest AUM

₹15.11 Cr

Edelweiss BSE Top 10 Bank ETF

Lowest Tracking Error

0.3000%

Edelweiss BSE Top 10 Bank ETF

BSE Top 10 Bank — Key Insights & Category Highlights

Auto-Generated from AMC Factsheets
Category Leaders & Highlights
  • Lowest Tracking Error: Edelweiss BSE Top 10 Bank ETF leads with 0.30% annualized tracking error (category average is 0.30%).
  • Lowest Cost Leader: Edelweiss BSE Top 10 Bank ETF charges the lowest direct expense ratio (TER) at 1.95% vs category average of 1.95%.
  • Category Scale: ₹15 Cr combined AUM across 1 schemes (0 Index Funds, 1 ETFs), led by Edelweiss BSE Top 10 Bank ETF (₹15 Cr).
Selection Checklist & Watchouts
  • Liquidity Watchout: 1 scheme tracking BSE Top 10 Bank report AUM under ₹50 Cr; ETF buyers should verify exchange order-book depth and impact cost.

BSE Top 10 Bank Historical Tracking Error & TER Comparison Chart

Historical Metric:
Historical Tracking Error Comparison (%)Tracking Error (%)
Time-series comparison for BSE Top 10 Bank (2023-10-22 to 2026-10-22)

Fetching historical time-series for BSE Top 10 Bank...

Category Average Line
Showing 1 of 1 funds
Fund Lines (1)
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BSE Top 10 Bank — Fund Directory & Metrics Breakdown

Comprehensive snapshot of Tracking Error (%), TER (%), AUM, and debt indicators for BSE Top 10 Bank. Click headers to sort.
Edelweiss BSE Top 10 Bank ETF
ETFN/A0.3000%1.95%₹15.11 Cr2026-09-30
Note: Data is sourced from AMC Factsheets and updated monthly. Past date funds reflect previous reporting cycles.
Use the Data Freshness toggle at the top to display only funds with the latest data.

Peer Equity Benchmark Indices

All Passive FundsEquity BenchmarksBSE Top 10 Bank

165 Equity Benchmarks
NIFTY 50(48)NIFTY NEXT 50(31)NIFTY BANK(21)S&P BSE SENSEX(28)NIFTY MIDCAP 150(24)NIFTY IT(17)BSE SENSEX(24)NIFTY SMALLCAP 250(17)NIFTY 200 - MOMENTUM 30(12)NIFTY 50 EQUAL WEIGHT(12)NIFTY 100(9)NIFTY INDIA CONSUMPTION(7)NIFTY PRIVATE BANK(10)NIFTY 100 Low Volatility 30(7)NIFTY 50 Value 20(6)NIFTY 200 QUALITY 30(9)NIFTY PSU BANK(9)NIFTY Large Midcap 250(7)NIFTY Healthcare(5)NIFTY Auto(5)NIFTY Midcap 150 Quality 50(4)NIFTY 500(6)NIFTY Alpha Low Volatility 30(6)Nifty India Manufacturing(6)BSE Top 10 Bank(1)

Evaluation Methodology: Tracking Error, Expense Ratio & Debt Metrics

Tracking Error (SEBI Formula)

Calculated as the annualized standard deviation of daily excess returns: TE = √250 × σ(R_fund − R_index). Lower tracking error signifies tighter replication discipline and minimal cash drag.

Total Expense Ratio (TER) & AUM

A lower TER directly mitigates return drag over compounding horizons. Higher AUM funds generally feature tighter bid-ask spreads on exchange order books and robust secondary market liquidity.

YTM & Modified Duration (Debt)

Yield to Maturity (YTM) indicates gross portfolio yield if securities are held to maturity. Modified duration gauges sensitivity to RBI repo rate changes—shorter duration reduces capital volatility.

Data Sourcing & Update Schedule: All scheme metrics are sourced directly from AMC Factsheets and updated once a month based on the availability and release schedules of factsheets from various AMCs.

Missing Data: Metrics where — is displayed indicate data missing in the AMC's factsheet or that the factsheet itself has not yet been published for the recent month.

Frequently Asked Questions

Frequently Asked Questions on BSE Top 10 Bank Passive Funds