Details of Bank

Designated bank account details for client dealings
Name Of Bank Address Of Bank Branch Name Account Number PAN IFSC Code Account Name
HDFC Bank B.B.D Bag, East, Kolkata Stephen House 00080340040502 AAOCS1879E HDFC0000008 Gretex Share Broking Limited USCNB Account

Investors are requested to note that Stock broker Gretex Share Broking Ltd. is permitted to receive money from investor through designated bank accounts only named as Up streaming Client Nodal Bank Account (USCNBA). Stock broker Gretex Share Broking Ltd. is also required to disclose these USCNB accounts to Stock Exchange. Hence, you are requested to use following USCNB accounts only for the purpose of dealings in your trading account with us. The details of these USCNB accounts are also displayed by Stock Exchanges on their website under Know / Locate your Stock Broker.

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ETF Calculator

Exchange Traded Fund - Index investing with low expense ratios

About ETF Calculator

The ETF (Exchange Traded Fund) Calculator evaluates returns from passive index investing�a low-cost, transparent alternative to mutual funds. ETFs combine diversification with stock-like flexibility, tracking Nifty 50, Sensex, Gold, or international indices.

This calculator factors in ultra-low expense ratios (0.05�0.5%), trading charges, and tax treatment for accurate net returns. Essential for index investors and cost-conscious long-term wealth builders.

How ETFs Work

Basics: Tracks index; trades like stocks on exchange; need demat; real-time pricing. Types: Equity (Nifty, Sensex), Gold, International, Debt, Sectoral. Costs: Expense ratio 0.05�0.5%; brokerage + STT like stocks; no entry/exit load. Net return = Market return - Expense - Trading costs - Tracking error.

Benefits

  • Ultra-low costs: 5�10x lower than active MFs; transparency; liquidity (buy/sell anytime)
  • No fund manager risk; tax-efficient; diverse access (indices, gold, international)
  • Cost comparison: Over 20yr on ₹10L ETF saves ~₹45L vs Active MF, ~₹15L vs Index MF

Tax: Equity ETFs: <12mo STCG 20%; >12mo LTCG 12.5% (above ₹1.25L).

Who Should Use

Index enthusiasts, cost-conscious investors, long-term builders (15+yr), DIY investors with demat. Perfect if: believe market is hard to beat, want minimal cost. NOT if: no demat, want hands-off (MF SIP easier), seeking to beat market.

Important Considerations

Requires demat; trading charges each buy/sell; no auto-SIP; bid-ask spread; tracking error (choose <0.15%). Use limit orders; focus on liquid ETFs (high AUM, >10K daily volume). Optimal: Large amounts -> ETF; small SIP (<₹5K) -> Index MF.

Example

₹10L Nifty ETF, 0.1% expense, 12% index return, 10yr: Value ~₹30.8L. Post LTCG tax (~₹2.4L): ~₹28.2L. vs Active MF (14% gross, 2% expense): barely better; 70% of active funds fail to beat index.

FAQs

ETF vs Index MF?

ETF: exchange-traded, real-time, lower expense, demat, brokerage. Index MF: AMC direct, single NAV, no demat, auto-SIP. Small SIP ? MF; large lump sum ? ETF.

SIP in ETFs?

No automatic�manually buy monthly (self-discipline SIP) or invest quarterly to reduce brokerage.

Which ETF for beginners?

Nifty 50 (large-cap), Nifty Next 50 (mid-cap), Gold. Avoid sectoral, low-liquidity, newly launched.

Tracking error?

Difference between ETF and index return. Good: <0.15%. Caused by expense, cash drag, rebalancing.

ETFs safe?

Yes�SEBI regulated, actual underlying stocks, transparent. Market risk (index falls); liquidity risk in some ETFs.

Related Calculators

Calculate ETF Returns