Which Nifty G-Sec July 2031 index fund or ETF has the lowest tracking error?

Based on the latest monthly AMC factsheets, HDFC Nifty G-Sec July 2031 Index Fund has the lowest annualized tracking error at 1.31%, compared to the Nifty G-Sec July 2031 category average tracking error of 1.31%.

Which Nifty G-Sec July 2031 passive fund has the lowest expense ratio (TER)?

HDFC Nifty G-Sec July 2031 Index Fund currently offers the lowest direct Total Expense Ratio (TER) at 0.16%, versus the Nifty G-Sec July 2031 category average TER of 0.16%.

What is Tracking Error in passive mutual funds and ETFs?

Tracking Error (TE) is the annualized standard deviation of daily excess returns between a passive index fund or ETF and its benchmark index (such as Nifty 50 or Sensex). It measures how consistently the fund replicates the index day-to-day. Lower tracking error signifies tighter replication and disciplined cash drag management.

What is the difference between Tracking Error and Tracking Difference?

Tracking Difference is the actual percentage of returns you lose compared to the index over a time period (Index Return minus Fund Return). It already includes the expense ratio and cash drag. Tracking Error, on the other hand, measures the day-to-day volatility or bumpiness of that return gap.

How does Total Expense Ratio (TER) affect index fund performance?

The Total Expense Ratio (TER) is the recurring annual fee charged by the AMC, deducted daily from the fund's NAV. A higher TER creates a continuous drag on compounding returns, directly widening the fund's tracking difference over long investment horizons.

What metrics can I track historically on this screener?

You can track historical timelines of Tracking Error (%), Total Expense Ratio (TER %), Assets Under Management (AUM in ₹ Crores), Yield to Maturity (YTM %), Average Maturity, and Modified Duration across 6-month, 1-year, 2-year, and 3-year time horizons.

How often are passive fund metrics updated on ProFinPlanner?

All scheme metrics are sourced directly from monthly AMC factsheets and updated once a month as soon as factsheets are released by asset management companies.

DEBT BENCHMARK • 1 PASSIVE SCHEMES

Nifty G-Sec July 2031 Index Funds & ETFs — Key Metrics

Compare all passive mutual funds and ETFs tracking Nifty G-Sec July 2031 by live tracking error, direct expense ratio (TER), AUM, Yield to Maturity (YTM), and Average Maturity.

Data sourced from AMC Factsheets • Updated monthly for 300+ Indian Index Funds & ETFs

Select Asset Class122 Debt indices

📈 Equity ⚖️ Hybrid 🏦 Debt / Fixed Income 🪙 Commodities

Popular Benchmarks:

Nifty 50 Nifty Next 50 BSE Sensex Nifty Midcap 150 Domestic Gold 5-Yr G-Sec Debt

Select Debt Benchmark Index

Instrument Filter

Mutual FundsETFs

Data Freshness2026-07-31

All FundsAll past dates included

Historical Window (Max 3Y)

Active Index Funds / ETFs

Tracking Nifty G-Sec July 2031

Category Avg. Expense Ratio

0.16%

Avg Direct Plan TER

Lowest Expense Ratio

0.16%

HDFC Nifty G-Sec July 2031 Index Fund

Highest AUM

N/A

Highest Yield to Maturity

N/A

Lowest Tracking Error

1.3100%

HDFC Nifty G-Sec July 2031 Index Fund

Nifty G-Sec July 2031 — Key Insights & Category Highlights

Auto-Generated from AMC Factsheets

Category Leaders & Highlights

Lowest Tracking Error: HDFC Nifty G-Sec July 2031 Index Fund leads with 1.31% annualized tracking error (category average is 1.31%).
Lowest Cost Leader: HDFC Nifty G-Sec July 2031 Index Fund charges the lowest direct expense ratio (TER) at 0.16% vs category average of 0.16%.
Scheme Coverage: 1 passive schemes (1 Index Funds and 0 ETFs) currently track Nifty G-Sec July 2031.

Selection Checklist & Watchouts

Execution Note: For ETFs tracking Nifty G-Sec July 2031, always check live iNAV and exchange bid-ask spreads in addition to AMC factsheet tracking error.

Historical Metric:

Historical Tracking Error Comparison (%)Tracking Error (%)

Time-series comparison for Nifty G-Sec July 2031 (2023-10-22 to 2026-10-22)

Fetching historical time-series for Nifty G-Sec July 2031...

Category Average Line

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HDFC Nifty G-Sec July 2031 Index Fund

Nifty G-Sec July 2031 — Fund Directory & Metrics Breakdown

Comprehensive snapshot of Tracking Error (%), TER (%), AUM, and debt indicators for Nifty G-Sec July 2031. Click headers to sort.


HDFC Nifty G-Sec July 2031 Index Fund	Mutual Fund	Moderate	1.3100%	0.16%	—	—	—	2026-07-31

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 Debt Benchmark Indices

All Passive FundsDebt BenchmarksNifty G-Sec July 2031

122 Debt Benchmarks

Nifty 1D Rate(12)Nifty 5 Yr Benchmark G-Sec(4)NIFTY 8-13 Yr G-Sec(5)NIFTY 10 Yr BENCHMARK G-SEC(3)CRISIL IBX Gilt - April 2028(3)CRISIL IBX Gilt - June 2027(3)CRISIL IBX Gilt - April 2026(3)CRISIL IBX Financial Services 3-6 Months Debt(7)CRISIL IBX Gilt - April 2029(2)CRISIL IBX 50:50 Gilt Plus SDL - April 2028(2)Nifty SDL Sep 2027(2)Nifty SDL Sep 2026(2)Nifty G-Sec Dec 2026(2)Nifty SDL Dec 2028(2)Nifty G-Sec Jun 2036(2)Nifty G-Sec Sep 2032(2)CRISIL IBX Gilt - April 2033(2)CRISIL IBX AAA Financial Services Sep 2027(3)BSE Liquid Rate(2)CRISIL IBX Gilt - June 2036(1)Nifty CPSE Bond Plus SDL Sep 2026 50:50(1)Nifty SDL Apr 2027(1)Nifty SDL Plus PSU Bond Sep 2026 60:40(1)CRISIL-IBX Financial Services 9-12 Months Debt(5)Nifty G-Sec July 2031(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

Nifty G-Sec July 2031 Category Summary & Statistics

Nifty G-Sec July 2031 — Key Insights & Category Highlights

Nifty G-Sec July 2031 Historical Tracking Error & TER Comparison Chart

Nifty G-Sec July 2031 — Fund Directory & Metrics Breakdown

Peer Debt Benchmark Indices

Evaluation Methodology: Tracking Error, Expense Ratio & Debt Metrics

Frequently Asked Questions on Nifty G-Sec July 2031 Passive Funds

Which Nifty G-Sec July 2031 index fund or ETF has the lowest tracking error?

Which Nifty G-Sec July 2031 passive fund has the lowest expense ratio (TER)?

What is Tracking Error in passive mutual funds and ETFs?

What is the difference between Tracking Error and Tracking Difference?

How does Total Expense Ratio (TER) affect index fund performance?

What metrics can I track historically on this screener?

How often are passive fund metrics updated on ProFinPlanner?