Nifty 10 yr Benchmark G-Sec index funds and ETFs
4 index funds and ETFs track the Nifty 10 yr Benchmark G-Sec, as each fund house reported for Sep 2026. Closest to the index over the year: ICICI Prudential Nifty 10 yr Benchmark G-sec ETF. Tracking difference is the fund's return less the index's over the year; its costs make it negative, so the figure nearest nought is the closest.
ETFs on the Nifty 10 yr Benchmark G-Sec
Closest to the index first, then the lowest expense ratio. The premium is the median over the month's trading days of each day's close against its NAV.
ICICI Prudential Nifty 10 yr Benchmark G-sec ETFICICI Prudential Mutual FundTracking difference−0.13%After fee+0.01%Tracking error0.06%Expense ratio0.14%Fund size, ₹ Cr811Premium or discount+0.11%
SBI Nifty 10 yr Benchmark G-Sec ETFSBI Mutual FundTracking difference−0.14%After fee0.00%Tracking error0.04%Expense ratio0.14%Fund size, ₹ Cr3,226Premium or discount+0.09%
UTI Nifty 10 yr Benchmark G-Sec ETFUTI Mutual FundTracking difference−0.37%After fee−0.08%Tracking error0.14%Expense ratio0.30%Fund size, ₹ Cr24Premium or discount+0.59%
DSP Nifty 10 Yr Benchmark G-Sec ETFDSP Mutual FundTracking difference–After fee–Tracking error0.03%Expense ratio0.17%Fund size, ₹ Cr14Premium or discount+0.61%
About Nifty 10 yr Benchmark G-Sec index funds and ETFs
Nifty 10 yr Benchmark G-Sec index funds and ETFs hold the one Government of India bond that the Nifty 10 yr Benchmark G-Sec Index follows: the benchmark 10 year government security, normally the latest one issued. Their return is that bond's price change plus its interest, less the fund's costs.
The index
The Nifty 10 yr Benchmark G-Sec Index, maintained by NSE Indices, is a single-bond index. It tracks the 10 year government security that is on the run, meaning the latest one issued, once that bond meets the switch test below. Floating rate bonds, inflation-linked bonds, special securities and sovereign green bonds are excluded. The index has a base date of 3 Jan 2011 and a base value of 1000. It is a total return index: it counts the bond's price change and its accrued interest.
When the bond changes
A newly issued 10 year security becomes the benchmark when its outstanding amount reaches ₹15,000 crore, or when its traded volume, averaged over a rolling three working days, exceeds that of the current benchmark. The market gets five working days' notice before the switch. A fund tracking the index sells the old bond and buys the new one at that point.
Price moves and interest rates
A bond's price moves opposite to interest rates: when yields rise the price falls, and the reverse. With one bond of about ten years' maturity, the funds carry that single bond's sensitivity, unlike broader government bond index funds that hold many bonds.
Tracking and cost
Tracking difference is the fund's one-year return minus the index's, and costs usually make it negative. Tracking error is how much the fund's daily returns differed from the index's, as a yearly figure. Premium or discount is the median, across the month's trading days, of each day's close divided by that day's NAV, less one. NAV is the value of one unit.
What this page lists
The page lists the exchange-traded funds on this index, each with expense ratio, fund size, tracking difference, tracking error and premium or discount. They are ordered by the tracking difference nearest zero, then by lowest expense ratio.