360 ONE MSCI India ETF vs SBI Equity Savings Fund
Direct Plan, Growth option · Data as on 30-10-2026
360 ONE MSCI India ETF is an ETF fund and SBI Equity Savings Fund is an Equity Savings fund. Their portfolios overlap 43.1%: they hold 68 of the same securities.
Which is better, 360 ONE MSCI India ETF or SBI 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.
- SBI Equity Savings fell less in its worst fall since 29-05-2026: −1.8% against −9.9%.
- 360 ONE MSCI India ETF holds more in large companies: 78.3% of the fund in large caps against 57.1%.
- SBI Equity Savings is the larger fund: ₹5,413 Cr against ₹6 Cr.
- Their portfolios overlap 43.1%: 68 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 | SBI Equity Savings Fund |
|---|---|---|
| Fund house | 360 ONE Mutual Fund | SBI Mutual Fund |
| Category | ETF | Equity Savings |
| AUM | ₹6 Cr (30-09-2026) | ₹5,413 Cr (30-09-2026) |
| NAV | ₹9.56 (Direct) | ₹27.27 (Direct) |
| Expense ratio (Direct) | 0.00% | 1.46% |
| Expense ratio (Regular) | Not available | 2.00% |
| Riskometer | Very High | Moderate |
| Benchmark | MSCI India TRI | Nifty Equity Savings Index |
| Launch date | 22-05-2026 | 27-05-2015 |
| 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 | ₹1,000 |
| Lock in | None | None |
| Fund managers | Viral Mehta, Pranav Mise | Neeraj Kumar - Arbitrage, Mansi Sajeja, Nidhi Chawla, Vandna Soni |
| Exit load | Nil | Exit load of 0.10% if redeemed within 15 days. |
360 ONE MSCI India ETF vs SBI 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% | -- | -- | -- | -- | -- |
| SBI Equity Savings Fund (Direct) | +0.07% | −0.47% | +1.05% | +1.43% | +7.91% | +7.95% | +8.92% |
| Equity Savings average | −0.02% | −0.68% | +1.71% | +2.12% | +8.55% | +7.55% | +8.43% |
Category average: the average of the 23 Equity Savings funds, same plan type.
360 ONE MSCI India ETF vs SBI Equity Savings: Year-wise Returns
| Year | 360 ONE MSCI India ETF360 ONE MSCI India ETF | SBI Equity SavingsSBI Equity Savings |
|---|---|---|
| 2026to date | -- | +1.07% |
| 2025 | -- | +5.62% |
| 2024 | -- | +12.59% |
| 2023 | -- | +18.13% |
| 2022 | -- | +2.40% |
| 2021 | -- | +13.94% |
360 ONE MSCI India ETF vs SBI Equity Savings: Rolling Returns
Every holding period of both funds
360 ONE MSCI India ETF vs SBI 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) | SBI Equity Savings Fund (Direct) |
|---|---|---|
| Return (CAGR) | −7.33% | +9.23% |
| Standard deviation | 11.22% | 6.52% |
| Sharpe ratio | -1.12 | 0.56 |
| Sortino ratio | -1.49 | 0.75 |
| Maximum drawdown | −9.9% (08-10-2026) | −19.5% (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)
SBI 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% |
| SBI Equity Savings Fund (Direct) | −1.8% | 25-08-2026 | 08-10-2026 | Not yet | -- | −1.1% |
From daily values since 29-05-2026, the first day every fund has.
360 ONE MSCI India ETF vs SBI Equity Savings: Portfolio Overlap
From each fund's latest monthly portfolio: 360 ONE MSCI India ETF, September 2026; SBI Equity Savings Fund, September 2026
Holdings in common
- Overlap
- 43.1%
- Held by both
- 68
- Only in 360 ONE MSCI India ETF
- 97
- Only in SBI Equity Savings
- 37
| Security | % of 360 ONE MSCI India ETF | % of SBI Equity Savings |
|---|---|---|
| HDFC Bank Limited | 6.35% | 5.80% |
| ICICI Bank Limited | 5.51% | 5.14% |
| Reliance Industries Limited | 5.44% | 5.04% |
| Bharti Airtel Limited | 3.71% | 3.58% |
| Kotak Mahindra Bank Limited | 1.79% | 6.73% |
| Bajaj Finance Limited | 1.90% | 1.77% |
| Mahindra & Mahindra Limited | 2.04% | 1.76% |
| Axis Bank Limited | 2.21% | 1.63% |
| State Bank of India | 1.39% | 1.20% |
| Infosys Limited | 2.41% | 1.15% |
| Hindalco Industries Limited | 0.97% | 1.62% |
| UltraTech Cement Limited | 0.90% | 2.02% |
| Eicher Motors Limited | 0.76% | 1.76% |
| Apollo Hospitals Enterprise Limited | 0.63% | 1.40% |
| Hindustan Aeronautics Limited | 0.62% | 0.63% |
| JSW Steel Limited | 0.60% | 0.78% |
| Asian Paints Limited | 0.73% | 0.57% |
| Maruti Suzuki India Limited | 1.11% | 0.49% |
| Oil & Natural Gas Corporation Limited | 0.46% | 0.53% |
| Tata Power Company Limited | 0.43% | 0.48% |
| Tata Steel Limited | 1.09% | 0.42% |
| HDFC Life Insurance Company Limited | 0.40% | 1.39% |
| Bharat Heavy Electricals Limited | 0.40% | 0.68% |
| Indus Towers Limited | 0.37% | 0.51% |
| Divi's Laboratories Limited | 0.86% | 0.37% |
| Aurobindo Pharma Limited | 0.34% | 1.95% |
| DLF Limited | 0.33% | 0.56% |
| Jindal Steel Limited | 0.32% | 1.23% |
| Samvardhana Motherson International Limited | 0.54% | 0.26% |
| Godrej Consumer Products Limited | 0.26% | 0.43% |
| Shriram Finance Limited | 1.09% | 0.24% |
| Adani Ports and Special Economic Zone Limited | 0.74% | 0.23% |
| REC Limited | 0.28% | 0.23% |
| Aditya Birla Capital Limited | 0.22% | 0.71% |
| National Aluminium Company Limited | 0.22% | 1.41% |
| Hindustan Unilever Limited | 1.06% | 0.21% |
| Punjab National Bank | 0.20% | 0.27% |
| Sun Pharmaceutical Industries Limited | 1.30% | 0.20% |
| One 97 Communications Limited | 0.51% | 0.20% |
| GMR Airports Limited | 0.20% | 0.55% |
| SBI Life Insurance Company Limited | 0.60% | 0.19% |
| Bank of Baroda | 0.19% | 1.64% |
| Ambuja Cements Limited | 0.18% | 0.23% |
| IndusInd Bank Limited | 0.41% | 0.17% |
| Colgate Palmolive (India) Limited | 0.16% | 0.44% |
| Adani Enterprises Limited | 0.40% | 0.15% |
| Power Finance Corporation Limited | 0.34% | 0.14% |
| NTPC Limited | 1.11% | 0.11% |
| NMDC Limited | 0.19% | 0.11% |
| Shree Cement Limited | 0.10% | 0.20% |
| Bosch Limited | 0.22% | 0.10% |
| Larsen & Toubro Limited | 1.99% | 0.08% |
| The Indian Hotels Company Limited | 0.47% | 0.08% |
| Dabur India Limited | 0.13% | 0.08% |
| Eternal Limited | 0.61% | 0.07% |
| United Spirits Limited | 0.31% | 0.07% |
| HDFC Asset Management Company Limited | 0.34% | 0.06% |
| CG Power and Industrial Solutions Limited | 0.43% | 0.03% |
| Marico Limited | 0.32% | 0.03% |
| Grasim Industries Limited | 0.65% | 0.02% |
| Jio Financial Services Limited | 0.46% | 0.02% |
| Indian Oil Corporation Limited | 0.30% | 0.02% |
| Zydus Lifesciences Limited | 0.17% | 0.02% |
| Cholamandalam Investment and Finance Company Ltd | 0.54% | 0.01% |
| Pidilite Industries Limited | 0.33% | 0.01% |
| PB Fintech Limited | 0.29% | 0.01% |
| Hindustan Petroleum Corporation Limited | 0.26% | 0.01% |
| UPL Limited | 0.21% | 0.01% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 43.1% means 43.1% 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 |
|---|---|
| Tata Consultancy Services Limited | 1.33% |
| Titan Company Limited | 1.27% |
| Bharat Electronics Limited | 1.07% |
| Power Grid Corporation of India Limited | 0.87% |
| HCL Technologies Limited | 0.86% |
Largest holdings only in SBI Equity Savings Fund
| Security | % of fund |
|---|---|
| SBI Liquid Fund - DIRECT PLAN -Growth Option | 2.92% |
| Cholamandalam Investment & Finance Co. Ltd.Perpetual | 2.72% |
| 7.10% CGL 2034 | 2.30% |
| Life Insurance Corporation of India | 2.29% |
| Altius Telecom Infrastructure Trust | 2.20% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | 360 ONE MSCI India ETF | SBI Equity Savings |
|---|---|---|
| Equity | 96.9% | 66.2% |
| Debt | 0.0% | 21.1% |
| Cash and others | 3.1% | 12.7% |
Market cap of stocks
| Market cap | 360 ONE MSCI India ETF | SBI Equity Savings |
|---|---|---|
| Large Cap | 78.3% | 57.1% |
| Mid Cap | 18.6% | 8.6% |
| Small Cap | 0.0% | 0.5% |
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 | SBI Equity Savings |
|---|---|---|
| Banks | 20.0% | 23.0% |
| IT - Software | 6.5% | 1.1% |
| Petroleum Products | 6.4% | 5.1% |
| Finance | 6.2% | 3.1% |
| Automobiles | 6.1% | 4.0% |
| Pharmaceuticals & Biotechnology | 5.3% | 2.5% |
| Telecom - Services | 4.5% | 4.1% |
| Insurance | 1.4% | 3.9% |
The six largest sectors of each fund's stocks, % of the fund.
360 ONE MSCI India ETF vs SBI Equity Savings: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | 360 ONE MSCI India ETF | SBI Equity Savings Fund |
|---|---|---|
| Total expense ratio (Direct) | 0.00% | 1.46% |
| Base expense ratio (Direct) | 0.00% | 0.80% |
| Total expense ratio (Regular) | Not available | 2.00% |
| Base expense ratio (Regular) | 0.39% | 1.26% |
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 SBI Equity Savings Fund: Frequently Asked Questions
What is the difference between 360 ONE MSCI India ETF and SBI Equity Savings Fund?
360 ONE MSCI India ETF is an ETF fund, SBI Equity Savings Fund is an Equity Savings fund, run by 360 ONE Mutual Fund and SBI Mutual Fund. Their portfolios overlap 43.1%.
How much do 360 ONE MSCI India ETF and SBI Equity Savings Fund overlap?
43.1%. They hold 68 of the same securities, the largest shared ones being HDFCBANK, ICICIBANK, RELIANCE. From each fund's latest monthly portfolio.
Which is riskier, 360 ONE MSCI India ETF or SBI Equity Savings Fund?
On SEBI's riskometer, 360 ONE MSCI India ETF is rated Very High and SBI Equity Savings Fund Moderate. Over their common history, the standard deviation of daily returns was 11.22% and 6.52% a year.
Can I invest in both 360 ONE MSCI India ETF and SBI Equity Savings Fund?
Yes. 43.1% 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 SBI Equity Savings Fund?
360 ONE MSCI India ETF: Viral Mehta, Pranav Mise. SBI Equity Savings Fund: Neeraj Kumar - Arbitrage, Mansi Sajeja, Nidhi Chawla, Vandna Soni.
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.