HDFC index funds expense ratio doubled in direct plans from 15-Apr-2021

[kj_oregon]

@conroy01 High tracking error . Not worth it even if it has low expense ratio.

 

[greyareagcu]

@kj_oregon It is my first time investing in ETF, so have a basic question

To counteract the spread, why cant we place a limit order with the real-time nav and wait for Market makers to fulfill the order?

 

[kj_oregon]

@greyareagcu You can .. But you need to spend lots of time checking the iNAV (indicative NAV updated at real time . Can be seen in mutual fund sites like https://etf.nipponindiaim.com/ ) and then place order exactly at that point. Since iNAV changes every second due to market fluctuation , you will end up spending whole day watching and changing your order limit price. It is just a pain to do these ! Not worth it - Best is to invest in Index funds rather than getting worried about these !

 

[dksigsys]

@james76 Any alternative to hdfc sensex fund.

 

[pushkin]

@dksigsys ICICI SENSEX Index Fund is pretty good.

 

[cathb]

@dksigsys Tata at 0.05% ter

 

[youthlovingrn]

@cathb Tata one has high tracking error.

 

[cathb]

@youthlovingrn Yes, but if you're on a sip and in it for long term then the tracking error should balance out.

 

[vz2011]

@cathb For 1 year??

 

[cathb]

@vz2011 10-15 years. Maybe 20

 

[resjudicata]

@dksigsys UTI at 0.1% TER

 

[marodi]

@james76 learnt about index funds some days ago

was making my mind to invest in HDFC nifty 50

 

[pinky1993]

@james76 I stay away from anything operated by big banks.

 

[teofrastus]

@pinky1993 Why's that?

 

[legroom]

@james76 With HDFC and UTI both increasing their TER, what would be an alternate AMC to look forward to?

 

[closer42]

@legroom ICICI is still at 0.1 % for now as far as I know, but if HDFC and UTI are increasing, then they might also follow suit