We’ve been seeing some queries around people wanting to invest passively. Here’s a comprehensive list of all passive mutual funds and exchanged traded funds categorized according to the index type/category.
I have also included smart beta mutual funds and smart beta ETFs, although they are more hybrid in nature. But since they track a rules based index, they do have passive characteristics.
Passive mutual funds
| Nifty 50 | |
|---|---|
| Tata Index Nifty Fund - Direct Plan | 1.35 |
| Taurus Nifty Index Fund - Direct Plan | 1.17 |
| Franklin India Index Fund - NSE Nifty Plan - Direct Plan | 0.70 |
| LIC MF Index Fund - Nifty Plan - Direct Plan | 0.64 |
| ICICI Prudential Nifty Index Fund - Direct Plan | 0.57 |
| Aditya Birla Sun Life Index Fund - Direct Plan | 0.50 |
| DSP Nifty 50 Index Fund - Direct Plan | 0.40 |
| Reliance Index Fund - Nifty Plan - Direct Plan | 0.29 |
| SBI Nifty Index Fund - Direct Plan | 0.25 |
| IDBI Nifty Index Fund - Direct Plan | 0.20 |
| IDFC Nifty Fund - Direct Plan | 0.17 |
| UTI Nifty Index Fund - Direct Plan | 0.10 |
| HDFC Index Nifty 50 Plan - Direct Plan | 0.10 |
| Nifty Next 50 | |
| ICICI Prudential Nifty Next 50 Index Fund - Direct Plan | 0.44 |
| UTI Nifty Next 50 Index Fund - Direct Plan | 0.27 |
| IDBI Nifty Junior Index Fund - Direct Plan | 0.23 |
| DSP Nifty Next 50 Index Fund - Direct Plan | |
| SBI ETF Sensex Next 50 - Direct Plan | |
| Sensex | |
| Tata Index Sensex Fund - Direct Plan | 1.35 |
| LIC MF Index Fund - Sensex Plan - Direct Plan | 1.03 |
| Reliance Index Fund - Sensex Plan - Direct Plan | 0.29 |
| ICICI Prudential Sensex Index Fund - Direct Plan | 0.24 |
| HDFC Index Sensex Plan - Direct Plan | 0.10 |
| Smart Beta | |
| Principal Nifty 100 Equal Weight Fund - Direct Plan | 0.50 |
| Sundaram Smart Nifty 100 Equal Weight Fund - Direct Plan | 0.50 |
| DSP Equal Nifty 50 Fund - Direct Plan | 0.40 |
Passive exchange traded funds (ETFs)
| Scheme Name | Expenses Ratio |
|---|---|
| Nifty 50 | |
| SBI ETF Nifty 50 | 0.30 |
| Mirae Asset Nifty 50 ETF | 0.15 |
| IDFC Nifty ETF | 0.13 |
| Reliance ETF Nifty BeES | 0.11 |
| Kotak Nifty ETF | 0.10 |
| Quantum Nifty ETF | 0.09 |
| Axis Nifty ETF - Regular Plan | 0.07 |
| Edelweiss ETF - Nifty 50 | 0.07 |
| Aditya Birla Sun Life Nifty ETF | 0.05 |
| HDFC Nifty 50 ETF | 0.05 |
| ICICI Prudential Nifty ETF | 0.05 |
| Nifty 100 | |
| ICICI Prudential Nifty 100 ETF | 0.45 |
| Reliance ETF Nifty 100 | 1.04 |
| BSE 100 | |
| SBI BSE 100 ETF | 0.30 |
| BSE 500 | |
| ICICI Prudential S&P BSE 500 ETF | 0.30 |
| Nifty Next 50 | |
| Aditya Birla Sun Life Nifty Next 50 ETF | |
| ICICI Prudential Nifty Next 50 ETF | 0.15 |
| Reliance ETF Junior BeES | 0.23 |
| SBI ETF Nifty Next 50 | 0.30 |
| UTI Nifty Next 50 ETF | |
| Sensex | |
| SBI ETF Sensex | 0.38 |
| Kotak Sensex ETF | 0.27 |
| IDFC Sensex ETF | 0.11 |
| Aditya Birla Sun Life Sensex ETF | 0.08 |
| ICICI Prudential Sensex ETF | 0.08 |
| Reliance ETF Sensex | 0.07 |
| HDFC Sensex ETF | 0.05 |
| Sensex Next 50 | |
| SBI ETF Sensex Next 50 - Direct Plan | |
| Banking | |
| Reliance ETF PSU Bank BeES | 0.54 |
| Kotak PSU Bank ETF | 0.49 |
| SBI ETF Nifty Bank | 0.30 |
| Reliance ETF Bank BeES | 0.19 |
| Kotak Banking ETF | 0.18 |
| Edelweiss ETF - Nifty Bank | 0.12 |
| Mid-cap | |
| ICICI Prudential Midcap Select ETF | 0.47 |
| Motilal Oswal Midcap 100 ETF | 0.20 |
| Motilal Oswal M50 ETF | 0.15 |
| Reliance ETF Nifty Midcap 150 | |
| Smart Beta | |
| ICICI Prudential NV20 ETF | 0.45 |
| ICICI Prudential Nifty Low Vol 30 ETF | 0.42 |
| Edelweiss ETF - Nifty 100 Quality 30 | 0.26 |
| Reliance ETF NV20 | 0.16 |
| Kotak NV 20 ETF | |
| SBI - ETF Quality | |
| Thematic/Sectoral | |
| Reliance ETF Shariah BeES | 1.16 |
| Reliance ETF Infra BeES | 1.14 |
| Reliance ETF Dividend Opportunities | 0.15 |
| Reliance ETF Consumption | 0.13 |
| Reliance CPSE ETF | 0.01 |
| ICICI Prudential Bharat 22 ETF | 0.01 |
| Gilt | |
| SBI ETF 10 Year Gilt | |
| LIC MF G-Sec Long Term ETF | 0.25 |
| Reliance ETF Long Term Gilt ETF | 0.04 |
| International | |
| Reliance ETF Hang Seng BeES | 1.13 |
| Motilal Oswal N100 ETF | 0.50 |
If an expense ratio is missing for a fund/ETF, that means that it is newly launched and the AMC is yet to define an expense ratio. However, the AMC would have disclosed an expense ratio range in the scheme information document and it would fall within that.
When choosing an index fund or an ETF, tracking error is the most important metric. What a tracking error shows is how closely a fund tracks the underlying benchmark. It should be as low as possible.
