Comparison

ETF vs Mutual Funds (India, 2026)

Fees, tax, liquidity, and how SmartETF amplifies ETF benefits.

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Key metrics

Factor ETFs Mutual Funds
Expense ratio 0.05% – 0.30% 1.2% – 2.0%
Transparency Holdings daily Holdings monthly
Execution Live trading on exchange End-of-day NAV
Minimum investment 1 unit (~₹100-₹200) ₹500 SIP / ₹5,000 lump sum typical
Taxation Same as equity mutual funds Depends on fund; equity vs debt rules

Pros & cons snapshot

ETF Advantages
  • Ultra-low fees
  • Instant liquidity
  • Perfect for automation
ETF Watchouts
  • Need demat/broker
  • Bid-ask spread on illiquid ETFs
Mutual Fund Advantages
  • No demat needed
  • SIP auto-debit via bank
Mutual Fund Watchouts
  • Higher fees
  • Possible exit loads

Where SmartETF adds value

We use ETFs as the base because of their low cost and transparency, then layer: