360 ONE MSCI India ETF vs Mirae Asset Equity Savings Fund
Direct Plan, Growth option · Data as on 30-10-2026
360 ONE MSCI India ETF is an ETF fund and Mirae Asset Equity Savings Fund is an Equity Savings fund. Their portfolios overlap 47.1%: they hold 96 of the same securities.
Mirae Asset Equity Savings Fund
Equity Savings
- Expense ratio
- 0.73%
- NAV
- ₹22.84
Which is better, 360 ONE MSCI India ETF or Mirae Asset Equity Savings? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Mirae Asset Equity Savings fell less in its worst fall since 29-05-2026: −2.8% against −9.9%.
- 360 ONE MSCI India ETF holds more in large companies: 78.3% of the fund in large caps against 45.1%.
- Mirae Asset Equity Savings is the larger fund: ₹1,994 Cr against ₹6 Cr.
- Their portfolios overlap 47.1%: 96 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 MSCI India ETF | Mirae Asset Equity Savings Fund |
|---|---|---|
| Fund house | 360 ONE Mutual Fund | Mirae Asset Mutual Fund |
| Category | ETF | Equity Savings |
| AUM | ₹6 Cr (30-09-2026) | ₹1,994 Cr (30-09-2026) |
| NAV | ₹9.56 (Direct) | ₹22.84 (Direct) |
| Expense ratio (Direct) | 0.00% | 0.73% |
| Expense ratio (Regular) | Not available | 1.73% |
| Riskometer | Very High | Moderately High |
| Benchmark | MSCI India TRI | Nifty Equity Savings Index |
| Launch date | 22-05-2026 | 17-12-2018 |
| Minimum investment | On Continuous basis: Directly with Fund- a) Market Makers: Market Makers can directly purchase/redeem in blocks from the fund in “Creation unit size” on any business day. b) Large Investors: Large Investors can directly purchase/redeem in blocks from the | ₹5,000 |
| Lock in | None | None |
| Fund managers | Viral Mehta, Pranav Mise | Harshad Borawake, Vrijesh Kasera, Bharti Sawant, Basant Bafna |
| Exit load | Nil | Exit Load for units in excess of 15% of the investment,1% will be charged for redemption within 90 Days. |
360 ONE MSCI India ETF vs Mirae Asset Equity Savings: 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 MSCI India ETF (Direct) | +0.25% | −5.95% | -- | -- | -- | -- | -- |
| Mirae Asset Equity Savings Fund (Direct) | +0.07% | −0.57% | +1.77% | +2.60% | +9.98% | +8.69% | -- |
| Equity Savings average | −0.02% | −0.68% | +1.71% | +2.12% | +8.55% | +7.55% | -- |
Category average: the average of the 23 Equity Savings funds, same plan type.
360 ONE MSCI India ETF vs Mirae Asset Equity Savings: Year-wise Returns
| Year | 360 ONE MSCI India ETF360 ONE MSCI India ETF | Mirae Asset Equity SavingsMirae Asset Equity Savings |
|---|---|---|
| 2026to date | -- | +1.45% |
| 2025 | -- | +9.77% |
| 2024 | -- | +12.51% |
| 2023 | -- | +15.09% |
| 2022 | -- | +4.73% |
| 2021 | -- | +16.90% |
360 ONE MSCI India ETF vs Mirae Asset Equity Savings: Rolling Returns
Every holding period of both funds
360 ONE MSCI India ETF vs Mirae Asset Equity Savings: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | 360 ONE MSCI India ETF (Direct) | Mirae Asset Equity Savings Fund (Direct) |
|---|---|---|
| Return (CAGR) | −7.33% | +11.02% |
| Standard deviation | 11.22% | 7.23% |
| Sharpe ratio | -1.12 | 0.80 |
| Sortino ratio | -1.49 | 1.08 |
| Maximum drawdown | −9.9% (08-10-2026) | −18.2% (23-03-2020) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 29-05-2026 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 MSCI India ETF (Direct)
Mirae Asset Equity Savings Fund (Direct)
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| 360 ONE MSCI India ETF (Direct) | −9.9% | 03-08-2026 | 08-10-2026 | Not yet | -- | −7.8% |
| Mirae Asset Equity Savings Fund (Direct) | −2.8% | 03-08-2026 | 23-10-2026 | Not yet | -- | −1.6% |
From daily values since 29-05-2026, the first day every fund has.
360 ONE MSCI India ETF vs Mirae Asset Equity Savings: Portfolio Overlap
From each fund's latest monthly portfolio: 360 ONE MSCI India ETF, September 2026; Mirae Asset Equity Savings Fund, September 2026
Holdings in common
- Overlap
- 47.1%
- Held by both
- 96
- Only in 360 ONE MSCI India ETF
- 69
- Only in Mirae Asset Equity Savings
- 73
| Security | % of 360 ONE MSCI India ETF | % of Mirae Asset Equity Savings |
|---|---|---|
| ICICI Bank Limited | 5.51% | 3.28% |
| HDFC Bank Limited | 6.35% | 3.01% |
| Bharti Airtel Limited | 3.71% | 2.24% |
| Reliance Industries Limited | 5.44% | 2.21% |
| Axis Bank Limited | 2.21% | 2.12% |
| State Bank of India | 1.39% | 2.07% |
| Kotak Mahindra Bank Limited | 1.79% | 1.28% |
| Titan Company Limited | 1.27% | 1.27% |
| Mahindra & Mahindra Limited | 2.04% | 1.27% |
| Tata Steel Limited | 1.09% | 1.39% |
| Bajaj Finance Limited | 1.90% | 1.02% |
| Larsen & Toubro Limited | 1.99% | 0.98% |
| Shriram Finance Limited | 1.09% | 0.89% |
| Sun Pharmaceutical Industries Limited | 1.30% | 0.86% |
| Maruti Suzuki India Limited | 1.11% | 0.86% |
| Eicher Motors Limited | 0.76% | 1.06% |
| TVS Motor Company Limited | 0.77% | 0.75% |
| Adani Ports and Special Economic Zone Limited | 0.74% | 1.07% |
| Hindustan Aeronautics Limited | 0.62% | 0.76% |
| Eternal Limited | 0.61% | 0.81% |
| SBI Life Insurance Company Limited | 0.60% | 1.06% |
| Infosys Limited | 2.41% | 0.55% |
| Divi's Laboratories Limited | 0.86% | 0.55% |
| NTPC Limited | 1.11% | 0.54% |
| Hindalco Industries Limited | 0.97% | 0.53% |
| Tata Consultancy Services Limited | 1.33% | 0.51% |
| Laurus Labs Limited | 0.50% | 0.87% |
| Avenue Supermarts Limited | 0.44% | 0.48% |
| Varun Beverages Limited | 0.44% | 0.54% |
| Tata Power Company Limited | 0.43% | 0.72% |
| Oil & Natural Gas Corporation Limited | 0.46% | 0.42% |
| Hero MotoCorp Limited | 0.49% | 0.42% |
| Tata Motors Passenger Vehicles Limited | 0.42% | 0.54% |
| Bharat Electronics Limited | 1.07% | 0.40% |
| HDFC Life Insurance Company Limited | 0.40% | 0.43% |
| The Federal Bank Limited | 0.45% | 0.40% |
| Adani Enterprises Limited | 0.40% | 0.38% |
| Jio Financial Services Limited | 0.46% | 0.35% |
| Nestle India Limited | 0.60% | 0.34% |
| Ashok Leyland Limited | 0.34% | 0.51% |
| Aurobindo Pharma Limited | 0.34% | 0.57% |
| ITC Limited | 0.62% | 0.33% |
| Dr. Reddy's Laboratories Limited | 0.49% | 0.32% |
| Jindal Steel Limited | 0.32% | 0.58% |
| Multi Commodity Exchange of India Limited | 0.32% | 0.67% |
| GAIL (India) Limited | 0.31% | 0.53% |
| Torrent Pharmaceuticals Limited | 0.39% | 0.31% |
| Bharat Petroleum Corporation Limited | 0.38% | 0.30% |
| UltraTech Cement Limited | 0.90% | 0.30% |
| Vedanta Aluminium Metal Limited | 0.41% | 0.30% |
| FSN E-Commerce Ventures Limited | 0.30% | 0.68% |
| Coal India Limited | 0.52% | 0.29% |
| Bharat Heavy Electricals Limited | 0.40% | 0.28% |
| IDFC First Bank Limited | 0.26% | 0.30% |
| Apollo Hospitals Enterprise Limited | 0.63% | 0.26% |
| Godrej Consumer Products Limited | 0.26% | 0.25% |
| Yes Bank Limited | 0.25% | 0.29% |
| JSW Steel Limited | 0.60% | 0.25% |
| Bajaj Finserv Limited | 0.52% | 0.24% |
| Tech Mahindra Limited | 0.64% | 0.24% |
| The Phoenix Mills Limited | 0.29% | 0.23% |
| DLF Limited | 0.33% | 0.23% |
| Aditya Birla Capital Limited | 0.22% | 0.63% |
| National Aluminium Company Limited | 0.22% | 0.29% |
| Hitachi Energy India Limited | 0.24% | 0.21% |
| Hindustan Unilever Limited | 1.06% | 0.21% |
| Power Finance Corporation Limited | 0.34% | 0.21% |
| IndusInd Bank Limited | 0.41% | 0.21% |
| Mphasis Limited | 0.20% | 0.44% |
| Bank of Baroda | 0.19% | 0.34% |
| BSE Limited | 0.48% | 0.19% |
| Vishal Mega Mart Limited | 0.19% | 0.25% |
| HDFC Asset Management Company Limited | 0.34% | 0.18% |
| Ambuja Cements Limited | 0.18% | 0.59% |
| Bharat Forge Limited | 0.36% | 0.17% |
| Zydus Lifesciences Limited | 0.17% | 0.20% |
| Canara Bank | 0.17% | 0.25% |
| Siemens Energy India Limited | 0.21% | 0.17% |
| Supreme Industries Limited | 0.17% | 0.16% |
| AU Small Finance Bank Limited | 0.44% | 0.16% |
| JSW Energy Limited | 0.15% | 0.65% |
| InterGlobe Aviation Limited | 0.74% | 0.15% |
| Asian Paints Limited | 0.73% | 0.14% |
| Godrej Properties Limited | 0.17% | 0.10% |
| Indus Towers Limited | 0.37% | 0.10% |
| Muthoot Finance Limited | 0.24% | 0.09% |
| Lupin Limited | 0.37% | 0.08% |
| Punjab National Bank | 0.20% | 0.08% |
| United Spirits Limited | 0.31% | 0.08% |
| Fortis Healthcare Limited | 0.29% | 0.07% |
| Dabur India Limited | 0.13% | 0.07% |
| Indian Oil Corporation Limited | 0.30% | 0.07% |
| UPL Limited | 0.21% | 0.06% |
| Pidilite Industries Limited | 0.33% | 0.05% |
| One 97 Communications Limited | 0.51% | 0.03% |
| Indian Bank | 0.17% | 0.02% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 47.1% means 47.1% 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 MSCI India ETF
| Security | % of fund |
|---|---|
| Power Grid Corporation of India Limited | 0.87% |
| HCL Technologies Limited | 0.86% |
| Grasim Industries Limited | 0.65% |
| Tata Motors Ltd | 0.62% |
| Bajaj Auto Limited | 0.55% |
Largest holdings only in Mirae Asset Equity Savings Fund
| Security | % of fund |
|---|---|
| 8.65% Muthoot Finance Ltd. (MD 31/01/2028) | 2.50% |
| 7.88% Muthoot Finance Ltd. (MD 22/11/2028) | 2.46% |
| 7.47% Reliance Industries Ltd. (MD 16/09/2031) | 2.44% |
| 7.45% Torrent Pharmaceuticals Ltd. (MD 19/01/2028) | 1.99% |
| 6.79% Government of India (MD 07/10/2034) | 1.32% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | 360 ONE MSCI India ETF | Mirae Asset Equity Savings |
|---|---|---|
| Equity | 96.9% | 64.9% |
| Debt | 0.0% | 29.7% |
| Cash and others | 3.1% | 5.5% |
Market cap of stocks
| Market cap | 360 ONE MSCI India ETF | Mirae Asset Equity Savings |
|---|---|---|
| Large Cap | 78.3% | 45.1% |
| Mid Cap | 18.6% | 11.7% |
| Small Cap | 0.0% | 6.4% |
| Not on AMFI's list | 0.0% | 1.6% |
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 MSCI India ETF | Mirae Asset Equity Savings |
|---|---|---|
| Banks | 20.0% | 13.9% |
| IT - Software | 6.5% | 2.0% |
| Petroleum Products | 6.4% | 2.6% |
| Finance | 6.2% | 3.4% |
| Automobiles | 6.1% | 4.9% |
| Pharmaceuticals & Biotechnology | 5.3% | 5.2% |
| Consumer Durables | 2.7% | 3.0% |
The six largest sectors of each fund's stocks, % of the fund.
360 ONE MSCI India ETF vs Mirae Asset Equity Savings: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | 360 ONE MSCI India ETF | Mirae Asset Equity Savings Fund |
|---|---|---|
| Total expense ratio (Direct) | 0.00% | 0.73% |
| Base expense ratio (Direct) | 0.00% | 0.31% |
| Total expense ratio (Regular) | Not available | 1.73% |
| Base expense ratio (Regular) | 0.39% | 1.16% |
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.
More comparisons
Each fund against the others of its category
360 ONE MSCI India ETF vs Mirae Asset Equity Savings Fund: Frequently Asked Questions
What is the difference between 360 ONE MSCI India ETF and Mirae Asset Equity Savings Fund?
360 ONE MSCI India ETF is an ETF fund, Mirae Asset Equity Savings Fund is an Equity Savings fund, run by 360 ONE Mutual Fund and Mirae Asset Mutual Fund. Their portfolios overlap 47.1%.
How much do 360 ONE MSCI India ETF and Mirae Asset Equity Savings Fund overlap?
47.1%. They hold 96 of the same securities, the largest shared ones being ICICIBANK, HDFCBANK, BHARTIARTL. From each fund's latest monthly portfolio.
Which is riskier, 360 ONE MSCI India ETF or Mirae Asset Equity Savings Fund?
On SEBI's riskometer, 360 ONE MSCI India ETF is rated Very High and Mirae Asset Equity Savings Fund Moderately High. Over their common history, the standard deviation of daily returns was 11.22% and 7.23% a year.
Can I invest in both 360 ONE MSCI India ETF and Mirae Asset Equity Savings Fund?
Yes. 47.1% 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 MSCI India ETF and Mirae Asset Equity Savings Fund?
360 ONE MSCI India ETF: Viral Mehta, Pranav Mise. Mirae Asset Equity Savings Fund: Harshad Borawake, Vrijesh Kasera, Bharti Sawant, Basant Bafna.
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.