EQUITY BENCHMARK • 6 PASSIVE SCHEMES

NIFTY Auto Index Funds & ETFs — Key Metrics

Compare all passive mutual funds and ETFs tracking NIFTY Auto 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

NIFTY Auto Category Summary & Statistics

Active Index Funds / ETFs

6

Tracking NIFTY Auto

Category Avg. Expense Ratio

0.51%

Avg Direct Plan TER

Lowest Expense Ratio

0.20%

ICICI Prudential Nifty Auto ETF

Highest AUM

₹451.95 Cr

Nippon India Nifty Auto ETF

Lowest Tracking Error

0.0500%

Nippon India Nifty Auto ETF

NIFTY Auto — Key Insights & Category Highlights

Auto-Generated from AMC Factsheets
Category Leaders & Highlights
  • Lowest Tracking Error: Nippon India Nifty Auto ETF leads with 0.05% annualized tracking error (category average is 0.10%).
  • Lowest Cost Leader: ICICI Prudential Nifty Auto ETF charges the lowest direct expense ratio (TER) at 0.20% vs category average of 0.51%.
  • Category Scale: ₹1,215 Cr combined AUM across 6 schemes (4 Index Funds, 2 ETFs), led by Nippon India Nifty Auto ETF (₹452 Cr).
Selection Checklist & Watchouts
  • Expense Ratio Spread: Direct TER ranges from 0.20% to 1.24% (a 1.04% annual fee gap that compounds into tracking difference).
  • Tracking Error Variance: Replication error varies from 0.05% to 0.18%. Compare multi-year consistency on the historical chart below.
  • Liquidity Watchout: 1 scheme tracking NIFTY Auto report AUM under ₹50 Cr; ETF buyers should verify exchange order-book depth and impact cost.

NIFTY Auto Historical Tracking Error & TER Comparison Chart

Historical Metric:
Historical Tracking Error Comparison (%)Tracking Error (%)
Time-series comparison for NIFTY Auto (2023-10-22 to 2026-10-22)

Fetching historical time-series for NIFTY Auto...

Category Average Line
Showing 6 of 6 funds
Fund Lines (6)
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NIFTY Auto — Fund Directory & Metrics Breakdown

Comprehensive snapshot of Tracking Error (%), TER (%), AUM, and debt indicators for NIFTY Auto. Click headers to sort.
Nippon India Nifty Auto ETF
ETFVery High0.0500%0.23%₹451.95 Cr2026-09-30
ICICI Prudential Nifty Auto ETFPast: 2026-07-31
ETFVery High0.0600%0.20%₹222.81 Cr2026-07-31
ICICI Prudential Nifty Auto Index Fund
Mutual FundVery High0.0700%0.35%₹241.45 Cr2026-09-30
HDFC Nifty Auto Index Fund
Mutual FundVery High0.1000%1.24%₹145.63 Cr2026-09-30
Tata Nifty Auto Index fund
Mutual FundVery High0.1300%0.50%₹107.75 Cr2026-09-30
Nippon India Nifty Auto Index Fund
Mutual FundLow0.1800%0.54%₹45.50 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 BenchmarksNIFTY Auto

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)

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 NIFTY Auto Passive Funds