Nifty200 Quality 30 index funds and ETFs

9 index funds and ETFs track the Nifty200 Quality 30, as each fund house reported for Sep 2026. Closest to the index over the year: Kotak Nifty200 Quality 30 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.

Index funds on the Nifty200 Quality 30

Closest to the index first, then the lowest expense ratio. Over the year to the month's end.The Nifty200 Quality 30

ETFs on the Nifty200 Quality 30

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.

  • Kotak Mahindra Mutual Fund logoKotak Nifty200 Quality 30 ETFKotak Mahindra Mutual FundTracking difference−0.13%After fee+0.14%Tracking error0.09%Expense ratio0.32%Fund size, ₹ Cr3Premium or discount+0.19%
  • Aditya Birla Sun Life Mutual Fund logoAditya Birla Sun Life Nifty 200 Quality 30 ETFAditya Birla Sun Life Mutual FundTracking difference−0.24%After fee+0.07%Tracking error0.07%Expense ratio0.34%Fund size, ₹ Cr22Premium or discount+0.07%
  • ICICI Prudential Mutual Fund logoICICI Prudential Nifty 200 Quality 30 ETFICICI Prudential Mutual FundTracking difference−0.30%After fee+0.02%Tracking error0.04%Expense ratio0.36%Fund size, ₹ Cr130Premium or discount+0.07%
  • SBI Mutual Fund logoSBI Nifty 200 Quality 30 ETFSBI Mutual FundTracking difference−0.34%After fee−0.03%Tracking error0.05%Expense ratio0.34%Fund size, ₹ Cr77Premium or discount+0.24%

About Nifty200 Quality 30 index funds and ETFs

Nifty200 Quality 30 index funds and ETFs are funds that hold the 30 companies of the Nifty200 Quality 30 index, chosen from the Nifty 200 on return on equity, debt and the steadiness of earnings growth. Their return follows the index less costs.

The index they track

The Nifty200 Quality 30 draws on the Nifty 200, taking companies with a year's listing that trade in futures and options. A company with negative earnings per share in any of the previous six years is left out. The rest are scored on return on equity (profit as a share of shareholders' money), debt to equity, and how much earnings per share growth varied over five years. The top 30 make the index. The base date is 1 Apr 2005 at 1000, and it launched on 17 Apr 2018.

Weights and reviews

A stock's weight is the square root of its free float market cap (the value of the shares that can trade) multiplied by its quality score, capped at the lower of 5% or 5 times its weight on free float market cap alone. The index is rebalanced every Jun and Dec: the 10 highest scores always join, and members ranked below 50 always leave.

Index funds and ETFs

An index fund is bought and redeemed at NAV, the value of one unit, and its table switches between direct and regular plans. An ETF trades on the exchange at a price that can differ from NAV; its table adds premium or discount, the median, across the month's trading days, of each day's close divided by that day's NAV, less one.

Measuring the gap

Tracking difference is the fund's return less the index's over the year; nearer zero means a closer match. The after fee figure adds the year's average expense ratio back, leaving the gap the fee does not explain. Tracking error is how much the daily gap varied, as a yearly figure. The expense ratio is the yearly charge as a share of money invested, taken out of NAV daily. Funds are ordered closest to the index first, then by the lower expense ratio.