Sub navigation menu:
You are here: You are here > Products > Tracking Error / Difference
* Tracking difference is the return difference between the Fund and the Underlying Index over a certain period of time.
* Tracking error measures how consistently the Fund follows the Underlying Index. It is the volatility (measured by standard deviation) of that return difference.
* ETF's performance is calculated on an NAV to NAV basis and assumes reinvestment of distribution.
Disclaimer: