360 ONE ELSS Tax Saver Nifty 50 Index Fund vs HDFC BSE India Sector Leaders Index Fund
Direct Plan, Growth option · Data as on 30-10-2026
360 ONE ELSS Tax Saver Nifty 50 Index Fund is an Index fund and HDFC BSE India Sector Leaders Index Fund is an Index fund. 360 ONE ELSS Tax Saver Nifty 50 Index Fund charges 0.37% a year and HDFC BSE India Sector Leaders Index Fund 0.31% (Direct plans). Their portfolios overlap 64.3%: they hold 31 of the same securities.
360 ONE ELSS Tax Saver Nifty 50 Index Fund
Index
- Expense ratio
- 0.37%
- NAV
- ₹13.11
HDFC BSE India Sector Leaders Index Fund
Index
- Expense ratio
- 0.31%
- NAV
- ₹9.05
Which is better, 360 ONE ELSS Tax Saver Nifty 50 Index or HDFC BSE India Sector Leaders Index? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- HDFC BSE India Sector Leaders Index costs less: 0.31% a year against 0.37% (Direct plans).
- 360 ONE ELSS Tax Saver Nifty 50 Index fell less in its worst fall since 26-11-2025: −15.0% against −15.1%.
- 360 ONE ELSS Tax Saver Nifty 50 Index holds more in large companies: 98.3% of the fund in large caps against 83.8%.
- HDFC BSE India Sector Leaders Index is the larger fund: ₹159 Cr against ₹65 Cr.
- Their portfolios overlap 64.3%: 31 of the same holdings.
Past returns do not promise future returns. This page is information, not investment advice.
Key facts
From each fund's scheme summary document and AMFI
| Fact | 360 ONE ELSS Tax Saver Nifty 50 Index Fund | HDFC BSE India Sector Leaders Index Fund |
|---|---|---|
| Fund house | 360 ONE Mutual Fund | HDFC Mutual Fund |
| Category | Index | Index |
| AUM | ₹65 Cr (30-09-2026) | ₹159 Cr (30-09-2026) |
| NAV | ₹13.11 (Direct) | ₹9.05 (Direct) |
| Expense ratio (Direct) | 0.37% | 0.31% |
| Expense ratio (Regular) | 0.62% | 0.76% |
| Riskometer | Very High | Very High |
| Benchmark | Nifty 50 TRI | BSE India Sector Leaders TRI |
| Launch date | 28-12-2022 | 26-11-2025 |
| Minimum investment | ₹500 | ₹100 |
| Lock in | None | None |
| Fund managers | Viral Mehta, Pranav Mise | Nandita Menezes, Arun Agarwal |
| Exit load | Nil | NIL |
360 ONE ELSS Tax Saver Nifty 50 Index vs HDFC BSE India Sector Leaders Index: Returns Comparison
Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y |
|---|---|---|---|---|---|---|---|
| 360 ONE ELSS Tax Saver Nifty 50 Index Fund (Direct) | +1.84% | −5.10% | −3.32% | −10.18% | +7.32% | -- | -- |
| HDFC BSE India Sector Leaders Index Fund (Direct) | +0.95% | −6.01% | −3.39% | -- | -- | -- | -- |
360 ONE ELSS Tax Saver Nifty 50 Index vs HDFC BSE India Sector Leaders Index: Year-wise Returns
| Year | 360 ONE ELSS Tax Saver Nifty 50360 ONE ELSS Tax Saver Nifty 50 Index | HDFC BSE India Sector LeadersHDFC BSE India Sector Leaders Index |
|---|---|---|
| 2026to date | −11.05% | −8.91% |
| 2025 | +11.53% | -- |
| 2024 | +9.78% | -- |
360 ONE ELSS Tax Saver Nifty 50 Index vs HDFC BSE India Sector Leaders Index: Rolling Returns
Every holding period of both funds, against Nifty 50 TRI, the benchmark of 360 ONE ELSS Tax Saver Nifty 50 Index Fund
360 ONE ELSS Tax Saver Nifty 50 Index vs HDFC BSE India Sector Leaders Index: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | 360 ONE ELSS Tax Saver Nifty 50 Index Fund (Direct) | HDFC BSE India Sector Leaders Index Fund (Direct) |
|---|---|---|
| Return (CAGR) | +7.25% | −10.12% |
| Standard deviation | 12.42% | 14.18% |
| Sharpe ratio | 0.09 | -1.08 |
| Sortino ratio | 0.12 | -1.42 |
| Maximum drawdown | −15.4% (04-03-2025) | −15.1% (30-03-2026) |
| Beta | 0.99 | 1.00 |
| Alpha | −0.36% | −0.28% |
From daily NAVs, 02-01-2023 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
Drawdowns
How far below its previous high each one was on every day: the falls an investor had to sit through. 0% means it was at a new high.
360 ONE ELSS Tax Saver Nifty 50 Index Fund (Direct)
HDFC BSE India Sector Leaders Index Fund (Direct)
Nifty 50 TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| 360 ONE ELSS Tax Saver Nifty 50 Index Fund (Direct) | −15.0% | 02-01-2026 | 31-03-2026 | Not yet | -- | −11.7% |
| HDFC BSE India Sector Leaders Index Fund (Direct) | −15.1% | 02-01-2026 | 30-03-2026 | Not yet | -- | −9.6% |
| Nifty 50 TRI | −15.1% | 02-01-2026 | 30-03-2026 | Not yet | -- | −11.6% |
From daily values since 26-11-2025, the first day every fund has.
360 ONE ELSS Tax Saver Nifty 50 Index vs HDFC BSE India Sector Leaders Index: Portfolio Overlap
From each fund's latest monthly portfolio: 360 ONE ELSS Tax Saver Nifty 50 Index Fund, September 2026; HDFC BSE India Sector Leaders Index Fund, September 2026
Holdings in common
- Overlap
- 64.3%
- Held by both
- 31
- Only in 360 ONE ELSS Tax Saver Nifty 50 Index
- 19
- Only in HDFC BSE India Sector Leaders Index
- 28
| Security | % of 360 ONE ELSS Tax Saver Nifty 50 Index | % of HDFC BSE India Sector Leaders Index |
|---|---|---|
| HDFC Bank Limited | 10.47% | 5.35% |
| Bharti Airtel Limited | 5.08% | 5.00% |
| ICICI Bank Limited | 9.12% | 4.92% |
| Reliance Industries Limited | 7.74% | 4.80% |
| Larsen & Toubro Limited | 4.25% | 4.88% |
| State Bank of India | 3.83% | 4.44% |
| Infosys Limited | 3.36% | 3.91% |
| Mahindra & Mahindra Limited | 2.54% | 2.93% |
| ITC Limited | 2.44% | 2.83% |
| Eternal Limited | 2.22% | 2.57% |
| Tata Consultancy Services Limited | 2.02% | 2.31% |
| Sun Pharmaceutical Industries Limited | 1.86% | 2.19% |
| Titan Company Limited | 1.83% | 2.08% |
| Hindustan Unilever Limited | 1.61% | 1.87% |
| Maruti Suzuki India Limited | 1.51% | 1.71% |
| NTPC Limited | 1.48% | 1.70% |
| Tata Steel Limited | 1.47% | 1.69% |
| Bharat Electronics Limited | 1.34% | 1.55% |
| Adani Ports and Special Economic Zone Limited | 1.27% | 1.56% |
| UltraTech Cement Limited | 1.25% | 1.44% |
| Bajaj Auto Limited | 1.16% | 1.28% |
| Power Grid Corporation of India Limited | 1.14% | 1.32% |
| Grasim Industries Limited | 1.12% | 1.28% |
| InterGlobe Aviation Limited | 1.09% | 1.04% |
| Asian Paints Limited | 1.05% | 1.01% |
| Nestle India Limited | 0.91% | 0.98% |
| Oil & Natural Gas Corporation Limited | 0.85% | 1.00% |
| Trent Limited | 0.84% | 0.96% |
| Cipla Limited | 0.73% | 1.02% |
| Adani Enterprises Limited | 0.73% | 0.97% |
| Wipro Limited | 0.41% | 0.98% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 64.3% means 64.3% of each fund's money sits in positions the other also holds. Matched by ISIN. Cash and hedged positions are left out.
Largest holdings only in 360 ONE ELSS Tax Saver Nifty 50 Index Fund
| Security | % of fund |
|---|---|
| Axis Bank Limited | 3.40% |
| Kotak Mahindra Bank Limited | 2.96% |
| Bajaj Finance Limited | 2.48% |
| Shriram Finance Limited | 1.33% |
| Hindalco Industries Limited | 1.32% |
Largest holdings only in HDFC BSE India Sector Leaders Index Fund
| Security | % of fund |
|---|---|
| Sun TV Network Limited | 1.39% |
| Divis Laboratories Ltd. | 1.32% |
| PVR LIMITED | 1.10% |
| Page Industries Ltd | 1.07% |
| Avenue Supermarts Ltd. | 1.06% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | 360 ONE ELSS Tax Saver Nifty 50 Index | HDFC BSE India Sector Leaders Index |
|---|---|---|
| Equity | 99.7% | 100.1% |
| Debt | 0.0% | 0.0% |
| Cash and others | 0.3% | -0.1% |
Market cap of stocks
| Market cap | 360 ONE ELSS Tax Saver Nifty 50 Index | HDFC BSE India Sector Leaders Index |
|---|---|---|
| Large Cap | 98.3% | 83.8% |
| Mid Cap | 1.4% | 9.9% |
| Small Cap | 0.0% | 6.4% |
Share of the whole fund. Groups follow AMFI's latest list: Large Cap is the 100 largest companies, Mid Cap the next 150, Small Cap the rest.
Largest sectors
| Sector | 360 ONE ELSS Tax Saver Nifty 50 Index | HDFC BSE India Sector Leaders Index |
|---|---|---|
| Banks | 29.8% | 14.7% |
| IT - Software | 8.0% | 7.2% |
| Petroleum Products | 7.7% | 5.8% |
| Telecom - Services | 5.1% | 7.0% |
| Construction | 4.3% | 6.8% |
| Automobiles | 6.7% | 5.9% |
| Finance | 5.5% | 0.0% |
The six largest sectors of each fund's stocks, % of the fund.
360 ONE ELSS Tax Saver Nifty 50 Index vs HDFC BSE India Sector Leaders Index: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | 360 ONE ELSS Tax Saver Nifty 50 Index Fund | HDFC BSE India Sector Leaders Index Fund |
|---|---|---|
| Total expense ratio (Direct) | 0.37% | 0.31% |
| Base expense ratio (Direct) | 0.31% | 0.20% |
| Total expense ratio (Regular) | 0.62% | 0.76% |
| Base expense ratio (Regular) | 0.52% | 0.60% |
The expense ratio comes out of the fund's assets every day, so every return on this page is already after it. Base expense ratio: the fund house's own fee. The total adds brokerage, transaction costs, and levies with GST.
360 ONE ELSS Tax Saver Nifty 50 Index Fund vs HDFC BSE India Sector Leaders Index Fund: Frequently Asked Questions
What is the difference between 360 ONE ELSS Tax Saver Nifty 50 Index Fund and HDFC BSE India Sector Leaders Index Fund?
360 ONE ELSS Tax Saver Nifty 50 Index Fund is an Index fund, HDFC BSE India Sector Leaders Index Fund is an Index fund, run by 360 ONE Mutual Fund and HDFC Mutual Fund. Their portfolios overlap 64.3%. 360 ONE ELSS Tax Saver Nifty 50 Index Fund charges 0.37% a year and HDFC BSE India Sector Leaders Index Fund 0.31%.
Which has the lower expense ratio, 360 ONE ELSS Tax Saver Nifty 50 Index Fund or HDFC BSE India Sector Leaders Index Fund?
HDFC BSE India Sector Leaders Index Fund charges less: 0.31% a year against 0.37%. These are the Direct plans' total expense ratios reported to AMFI.
How much do 360 ONE ELSS Tax Saver Nifty 50 Index Fund and HDFC BSE India Sector Leaders Index Fund overlap?
64.3%. They hold 31 of the same securities, the largest shared ones being HDFCBANK, BHARTIARTL, ICICIBANK. From each fund's latest monthly portfolio.
Which is riskier, 360 ONE ELSS Tax Saver Nifty 50 Index Fund or HDFC BSE India Sector Leaders Index Fund?
On SEBI's riskometer, 360 ONE ELSS Tax Saver Nifty 50 Index Fund is rated Very High and HDFC BSE India Sector Leaders Index Fund Very High. Over their common history, the standard deviation of daily returns was 12.42% and 14.18% a year.
Can I invest in both 360 ONE ELSS Tax Saver Nifty 50 Index Fund and HDFC BSE India Sector Leaders Index Fund?
Yes. 64.3% of each fund's money sits in the same holdings, so a large part of the two investments would move together.
Who manages 360 ONE ELSS Tax Saver Nifty 50 Index Fund and HDFC BSE India Sector Leaders Index Fund?
360 ONE ELSS Tax Saver Nifty 50 Index Fund: Viral Mehta, Pranav Mise. HDFC BSE India Sector Leaders Index Fund: Nandita Menezes, Arun Agarwal.
Sources: NAV and expense ratio from AMFI. Holdings from each fund house's monthly portfolio statement. Fund facts from each scheme summary document.
This page is information, not investment advice. Mutual fund investments are subject to market risks; read all scheme related documents carefully. Past returns do not promise future returns. Figures come from AMFI, NSE, BSE and each fund house's own documents.