UTI nifty etf has expense ratio of 0.07% where as NIFTYBEES’ ER is 0.11%… yet NIFTYBEES has high daily volume compared with UTI! wonder why that is…
Expenses aren’t the only factor which determines Liquidity. Other factors like age of an ETF, tracking error influence volumes.
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Nifty bees ER has been reduced to 0.05%
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really? their site documents still says it’s 0.11%
The Impact Cost for NiftyBees is 0.06% vs UTINIFTETF at 0.41%
Intraday trades who contribute to most volumes prefer low impact costs.
Source- Nifty Monthly Impact Cost Report
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It has been reduced to 0.5 from today