EQUITY BENCHMARK • 4 PASSIVE SCHEMES
BSE Top 10 Banks Index Funds & ETFs — Key Metrics
Compare all passive mutual funds and ETFs tracking BSE Top 10 Banks by live tracking error, direct expense ratio (TER), and AUM.
Data sourced from AMC Factsheets • Updated monthly for 300+ Indian Index Funds & ETFs
165 Equity indices
Popular Benchmarks:
2026-09-30
All FundsAll past dates included
BSE Top 10 Banks Category Summary & Statistics
Active Index Funds / ETFs
4
Tracking BSE Top 10 Banks
Category Avg. Expense Ratio
1.11%
Avg Direct Plan TER
Lowest Expense Ratio
0.16%
Aditya Birla Sun Life BSE Top 10 Banks ETF
Highest AUM
₹370 Cr
DSP BSE Top 10 Banks ETF
Lowest Tracking Error
0.0400%
Aditya Birla Sun Life BSE Top 10 Banks ETF
BSE Top 10 Banks — Key Insights & Category Highlights
Category Leaders & Highlights
- Lowest Tracking Error: Aditya Birla Sun Life BSE Top 10 Banks ETF leads with 0.04% annualized tracking error (category average is 0.07%).
- Lowest Cost Leader: Aditya Birla Sun Life BSE Top 10 Banks ETF charges the lowest direct expense ratio (TER) at 0.16% vs category average of 1.11%.
- Category Scale: ₹1,017 Cr combined AUM across 4 schemes (0 Index Funds, 4 ETFs), led by DSP BSE Top 10 Banks ETF (₹370 Cr).
Selection Checklist & Watchouts
- Expense Ratio Spread: Direct TER ranges from 0.16% to 3.67% (a 3.51% annual fee gap that compounds into tracking difference).
- Tracking Error Variance: Replication error varies from 0.04% to 0.12%. Compare multi-year consistency on the historical chart below.
- Execution Note: For ETFs tracking BSE Top 10 Banks, always check live iNAV and exchange bid-ask spreads in addition to AMC factsheet tracking error.
BSE Top 10 Banks Historical Tracking Error & TER Comparison Chart
Historical Metric:
Historical Tracking Error Comparison (%)Tracking Error (%)
Time-series comparison for BSE Top 10 Banks (2023-10-22 to 2026-10-22)
Fetching historical time-series for BSE Top 10 Banks...
Category Average Line
Showing 4 of 4 funds
Fund Lines (4)
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BSE Top 10 Banks — Fund Directory & Metrics Breakdown
Comprehensive snapshot of Tracking Error (%), TER (%), AUM, and debt indicators for BSE Top 10 Banks. Click headers to sort.
Aditya Birla Sun Life BSE Top 10 Banks ETF | ETF | Very High | 0.0400% | 0.16% | ₹361.41 Cr | 2026-09-30 |
Motilal Oswal BSE Top 10 Banks ETF | ETF | Very High | 0.0500% | 0.46% | ₹101.86 Cr | 2026-09-30 |
Bajaj Finserv BSE Top 10 Banks ETF | ETF | N/A | 0.0600% | 3.67% | ₹184.17 Cr | 2026-09-30 |
DSP BSE Top 10 Banks ETF | ETF | Very High | 0.1200% | 0.17% | ₹370.00 Cr | 2026-09-30 |
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 Banks
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)NIFTY SMALLCAP 50(3)Nifty 500 Momentum 50(7)S&P BSE SENSEX Next 50(3)BSE PSU(3)NIFTY Midcap 150 Momentum 50(4)NIFTY Midcap 50(3)NIFTY 100 Quality 30(3)NIFTY Realty(5)NIFTY TOTAL MARKET(5)Nifty 100 Equal Weight(4)S&P BSE Low Volatility(3)Nifty Alpha 50(4)S&P BSE 500(3)NIFTY 500 Value 50(5)Nasdaq 100(2)Nifty India Defence(5)NIFTY Infrastructure(2)NIFTY Pharma(2)NIFTY Midcap 100(2)S&P BSE Quality(3)BSE 500(3)Nifty Financial Services Ex-Banks(2)BSE SENSEX NEXT 50(3)NIFTY Financial Services(2)BSE Low Volatility(3)NIFTY 500 MultiCap 50:25:25(3)Nifty India Digital(2)S&P BSE Enhanced Value(2)NIFTY CAPITAL MARKETS(5)BSE Quality(3)BSE SENSEX Next 30(4)Nifty India Tourism(3)S&P BSE Housing(2)NIFTY Commodities(2)Nifty Top 10 Equal Weight(3)Nifty EV & New Age Automotive(3)S&P BSE 100(1)Nifty 200 Alpha 30(2)NIFTY MNC(2)Nifty Metal(3)S&P BSE Healthcare(2)NIFTY FMCG(2)BSE Housing(2)Nifty Smallcap 250 Momentum Quality 100(5)BSE Enhanced Value(2)Hang Seng(1)Hang Seng TECH(1)MSCI India Domestic & World Healthcare 45(1)NASDAQ Q-50(1)NIFTY 100 Equal Weighted(2)Nifty 100 ESG Sector Leaders(1)Nifty 200 Value 30(3)NIFTY 50 Shariah(1)NIFTY CPSE(1)NIFTY Dividend Opportunities 50(1)NYSE FANG+(1)S&P 500(1)S&P 500 Top 50(1)Nifty EV and New Age Automotive(2)BSE Healthcare(2)NIFTY MIDSMALL HEALTHCARE(2)NIFTY Growth Sectors 15(1)NIFTY PSE(3)Nifty Midsmallcap 400 Momentum Quality 100(3)Nifty Financial Services Ex-Bank(1)Nifty 500 Multicap Momentum Quality 50(2)S&P BSE Midcap Select(1)Nifty Financial Service(1)S&P 500 Top 50 (INR)(1)Hang Seng Tech(INR)(1)Nify India Manufacturing(1)Nify Midcap 150(1)NYSE FANG+ (INR)(1)S&P BSE Bharat 22(1)Nifty Microcap 250(1)BSE India Infrastructure(2)Nifty India Railways PSU(2)S&P BSE Financials ex Bank 30(1)MSCI INDIA(3)NIFTY Smallcap 250 Quality 50(1)Nifty 500 Low Volatility 50(2)BSE Bharat 22(1)BSE Midcap Select(1)Nifty Top 15 Equal Weight(2)BSE India Sector Leaders(3)BSE Select IPO(2)Nifty 500 Multicap India Manufacturing 50:30:20(1)Nifty 500 Multicap Infrastructure 50:30:20(1)Nifty India Internet(2)Nifty Non-Cyclical Consumer(1)BSE 100(1)Nifty 500 Quality 50(2)Nifty Top 20 Equal Weight(2)BSE Financials ex Bank 30(1)Nifty Oil & Gas(1)Nifty 500 Equal Weight(1)MSCI EAFE Top 100 Select(1)Nifty 500 Flexicap Quality 30(2)Nifty India New Age Consumption(1)NIFTY MIDSMALL FINANCIAL SERVICES(1)NIFTY MIDSMALL INDIA CONSUMPTION(1)BSE Capital Markets & Insurance(1)BSE Select Business Groups(1)NIFTY Energy(2)BSE 200 Equal Weight(1)Nifty 200(1)NIFTY MIDSMALL IT & TELECOM(1)NIFTY TOTAL MARKET MOMENTUM QUALITY 50(2)Nifty Chemicals(2)BSE Internet Economy(1)BSE 1000(1)BSE Top 10 Banks(3)BSE 500 Momentum 50(1)BSE 500 Quality 50(1)BSE Power(1)Nifty Smallcap 100(1)BSE PSU BANK(2)NIFTY SERVICES SECTOR(1)BSE 500 Dividend Leaders 50(1)BSE Multicap Consumption 50:30:20(1)Nifty MidSmallcap 400(1)BSE India Defence(1)Nifty 500 Healthcare(1)Nifty India Infrastructure & Logistics(1)Nifty MidSmall IT and Telecom(1)BSE Hospitals(1)Nifty 500 Shariah(1)Nifty MidSmallcap 400 50:50(1)Prudential Nifty 200 Quality 30(1)Nifty FMCG ETF(1)LBMA AM fixing Prices(1)Nifty(1)Nifty Total Market Indec(1)Nifty REITs & Realty(1)BSE Clean Environment(1)BSE Midcap 150 Momentum 30(2)BSE MidSmall Private Banks(1)BSE LargeMid (60:40) Stable Dividend 50(2)BSE Top 10 Bank(1)Nifty Cements(1)BSE Insurance(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