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Tracking error aur tracking difference ka farq, aur unki wajahein
Published by The Retail Trader · AUG 04, 2026 · Mutual Funds & AMC
Index fund ka kaam index ko copy karna hai, par wo exactly copy kabhi nahi kar paata. Us antar ke do naam hain aur dono alag cheez naapte hain.
Tracking difference wo seedha antar hai jo ek period mein fund ke return aur index ke return ke beech dikhta hai. Wo aam taur par negative hota hai, kyunki kharche fund par lagte hain, index par nahi.
Tracking error us antar ki sthirta naapta hai. Kam tracking error ka matlab hai ki fund index ko lagataar ek jaisa follow kar raha hai.
Ye chaar wajahein sabse aam hain:
• Expense ratio har din NAV mein se katta hai.
• Fund ko redemption ke liye thodi cash rakhni padti hai, jo index mein nahi hoti.
• Index rebalancing ke din trades karne ka apna kharcha hota hai.
• Dividend ka fund tak pahunchna aur reinvest hona instant nahi hota.
Do index funds jo ek hi index follow karte hain, unme chunaav TER aur tracking record par hota hai — kyunki unka portfolio to lagbhag same hi hai. Yahan "past return" dekhna kam kaam ka hai, consistency dekhna zyada.
Ye article sirf educational hai — koi buy ya sell recommendation nahi, koi guaranteed return ka daawa nahi, aur koi advisory nahi. Rules, rates aur mechanics exchange, SEBI aur RBI time-time par badalte hain, isliye har number apne broker ya official source par khud verify karo.