SoloLeveler

Which Nifty 50 ETF gave best returns?

I have compared Aditya Birla Sun Life Nifty50 ETF (BSLNIFTY) and ICICI Prudential Nifty50 ETF (NIFTYIETF). I observed that Aditya one does better tracking than the other and has 1/1000 value. But why doesn't I see it getting recommended? Everyone buys Nippon or ICICI one. Any particular reason why?

Added question, with 1/1000 value for ETF, we will have a lot of units when it is time to sell. Will there be any issue at selling time?

9mo ago

majboormajdoor

Stealth9mo

What do you mean by Value of ETF? Do you mean NAV?

SoloLeveler

Flipkart9mo

Yes

majboormajdoor

Stealth9mo

It doesn't matter. You invest 1000Rs, you get 1000Rs worth of underlyings. Only look at TER and tracking errors

MrSingh

Kyndryl Holdings9mo

The question is wrong. You are wrong if you are looking the Best return in an index etf

SoloLeveler

Flipkart9mo

My major question is comparison among nifty etf regarding their tracking error and is smaller Nav (~24) is somehow advantageous over higher nav (~244)?

MrSingh

Kyndryl Holdings9mo

Analysis Paralysis. Even if you select the right etf today. There is no guarantee it will remain like this for a long period of time.