Nifty PSE Index Funds & ETFs — Key Metrics
Compare all passive mutual funds and ETFs tracking Nifty PSE by live tracking error, direct expense ratio (TER), and AUM.
Nifty PSE Category Summary & Statistics
Active Index Funds / ETFs
3
Tracking Nifty PSE
Category Avg. Expense Ratio
0.48%
Avg Direct Plan TER
Lowest Expense Ratio
0.20%
Aditya Birla Sun Life Nifty PSE ETF
Highest AUM
₹22.28 Cr
Aditya Birla Sun Life Nifty PSE ETF
Lowest Tracking Error
0.0400%
Aditya Birla Sun Life Nifty PSE ETF
Nifty PSE — Key Insights & Category Highlights
- Lowest Tracking Error: Aditya Birla Sun Life Nifty PSE ETF leads with 0.04% annualized tracking error (category average is 0.11%).
- Lowest Cost Leader: Aditya Birla Sun Life Nifty PSE ETF charges the lowest direct expense ratio (TER) at 0.20% vs category average of 0.48%.
- Category Scale: ₹36 Cr combined AUM across 3 schemes (0 Index Funds, 3 ETFs), led by Aditya Birla Sun Life Nifty PSE ETF (₹22 Cr).
- Expense Ratio Spread: Direct TER ranges from 0.20% to 0.69% (a 0.49% annual fee gap that compounds into tracking difference).
- Tracking Error Variance: Replication error varies from 0.04% to 0.19%. Compare multi-year consistency on the historical chart below.
- Liquidity Watchout: 3 schemes tracking Nifty PSE report AUM under ₹50 Cr; ETF buyers should verify exchange order-book depth and impact cost.
Nifty PSE Historical Tracking Error & TER Comparison Chart
Fetching historical time-series for Nifty PSE...
Nifty PSE — Fund Directory & Metrics Breakdown
Aditya Birla Sun Life Nifty PSE ETF | ETF | Very High | 0.0400% | 0.20% | ₹22.28 Cr | 2026-09-30 |
Motilal Oswal Nifty PSE ETF | ETF | Very High | 0.1000% | 0.69% | ₹2.29 Cr | 2026-09-30 |
Groww Nifty PSE ETF | ETF | N/A | 0.1900% | 0.54% | ₹11.82 Cr | 2026-09-30 |
Peer Equity Benchmark Indices
All Passive FundsEquity BenchmarksNifty PSE
Evaluation Methodology: Tracking Error, Expense Ratio & Debt Metrics
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.
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.
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.