RUPEECASE
EDUCATION . VEHICLES . 2 OF 3
THE COST THE STICKER LEAVES OUT
What a monthly SIP
actually pays.
The TER is one line on a longer receipt. An ETF trades like a stock, so a SIP buyer pays again every single month. The index fund just transacts at NAV.
COST LINE . PER RS 10000 SIP NIFTY 50 ETF INDEX FUND
Sticker TER
The only number the headline shows
 0.04% 0.07%
Brokerage per buy
Roughly Rs 20 an order . 0.20 pct of a Rs 10000 buy
 0.20% 0.00%
Bid . ask spread
Paid each buy . wider on a thin ETF
 ~0.05% 0.00%
Price vs fair value
ETF can trade above or below iNAV . demat AMC on top
 VARIES NONE
Tracking difference
The honest all-in gap to the index . everything above, rolled up
 READ ITNOT THE TER READ ITNOT THE TER
THE FLIP
That Rs 20 order is 0.20 pct gone before the spread. One line already eats ~7x the 0.03 pct the ETF saved on the sticker.
ILLUSTRATIVE . COSTS VARY BY FUND AND BROKER SOURCE . AMFI . SEBI . JUN 2026