Baroda BNP Paribas Focused Fund vs Mirae Asset Nifty Top 20 Equal Weight ETF
Direct Plan where a fund has one, Growth option · Data as on 30-10-2026
Baroda BNP Paribas Focused Fund is a Focused fund and Mirae Asset Nifty Top 20 Equal Weight ETF is a mutual fund. Baroda BNP Paribas Focused Fund charges 1.18% a year and Mirae Asset Nifty Top 20 Equal Weight ETF 0.26%. Their portfolios overlap 38.1%: they hold 9 of the same securities.
Baroda BNP Paribas Focused Fund
Focused
- Expense ratio
- 1.18%
- NAV
- ₹23.10
Mirae Asset Nifty Top 20 Equal Weight ETF
- Expense ratio
- 0.26%
- NAV
- ₹8.69
Which is better, Baroda BNP Paribas Focused or Mirae Asset Nifty Top 20 Equal Weight ETF? 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 Nifty Top 20 Equal Weight ETF costs less: 0.26% a year against 1.18%.
- Mirae Asset Nifty Top 20 Equal Weight ETF fell less in its worst fall since 16-12-2025: −16.0% against −16.2%.
- Mirae Asset Nifty Top 20 Equal Weight ETF holds more in large companies: 100.0% of the fund in large caps against 67.6%.
- Baroda BNP Paribas Focused is the larger fund: ₹520 Cr against ₹14 Cr.
- Their portfolios overlap 38.1%: 9 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 | Baroda BNP Paribas Focused Fund | Mirae Asset Nifty Top 20 Equal Weight ETF |
|---|---|---|
| Fund house | Baroda BNP Paribas Mutual Fund | Mirae Asset Mutual Fund |
| Category | Focused | Not available |
| AUM | ₹520 Cr (30-09-2026) | ₹14 Cr (30-09-2026) |
| NAV | ₹23.10 (Direct) | ₹8.69 |
| Expense ratio (Direct) | 1.18% | Not available |
| Expense ratio (Regular) | 2.95% | Not available |
| Riskometer | Not available | Not available |
| Benchmark | Not available | Not available |
| Launch date | Not available | Not available |
| Minimum investment | Not available | Not available |
| Lock in | Not available | Not available |
| Fund managers | Not available | Not available |
| Exit load | Not available | Not available |
Baroda BNP Paribas Focused vs Mirae Asset Nifty Top 20 Equal Weight ETF: 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 |
|---|---|---|---|---|---|---|---|
| Baroda BNP Paribas Focused Fund (Direct) | −0.13% | −4.70% | −3.17% | −8.73% | +8.88% | -- | -- |
| Mirae Asset Nifty Top 20 Equal Weight ETF | +3.84% | −3.73% | −0.27% | -- | -- | -- | -- |
| Focused average | −1.00% | −4.12% | +1.39% | −3.09% | +12.30% | -- | -- |
Category average: the average of the 28 Focused funds, same plan type.
Baroda BNP Paribas Focused vs Mirae Asset Nifty Top 20 Equal Weight ETF: Year-wise Returns
| Year | Baroda BNP Paribas FocusedBaroda BNP Paribas Focused | Mirae Asset Nifty Top 20 Equal Weight ETFMirae Asset Nifty Top 20 Equal Weight ETF |
|---|---|---|
| 2026to date | −9.78% | −10.27% |
| 2025 | +4.50% | -- |
| 2024 | +18.87% | -- |
| 2023 | +28.91% | -- |
Baroda BNP Paribas Focused vs Mirae Asset Nifty Top 20 Equal Weight ETF: Rolling Returns
Every holding period of both funds, against Nifty 500 TRI, the benchmark of Baroda BNP Paribas Focused Fund
Baroda BNP Paribas Focused vs Mirae Asset Nifty Top 20 Equal Weight ETF: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Baroda BNP Paribas Focused Fund (Direct) | Mirae Asset Nifty Top 20 Equal Weight ETF |
|---|---|---|
| Return (CAGR) | +9.89% | −11.00% |
| Standard deviation | 14.79% | 14.95% |
| Sharpe ratio | 0.26 | -1.09 |
| Sortino ratio | 0.35 | -1.45 |
| Maximum drawdown | −22.5% (03-03-2025) | −16.0% (30-03-2026) |
| Beta | 1.01 | 1.00 |
| Alpha | −0.79% | −0.12% |
From daily NAVs, 14-03-2022 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.
Baroda BNP Paribas Focused Fund (Direct)
Mirae Asset Nifty Top 20 Equal Weight ETF
Nifty 500 TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Baroda BNP Paribas Focused Fund (Direct) | −16.2% | 02-01-2026 | 31-03-2026 | Not yet | -- | −10.6% |
| Mirae Asset Nifty Top 20 Equal Weight ETF | −16.0% | 22-12-2025 | 30-03-2026 | Not yet | -- | −10.6% |
| Nifty 500 TRI | −14.7% | 02-01-2026 | 30-03-2026 | Not yet | -- | −8.4% |
From daily values since 16-12-2025, the first day every fund has.
Baroda BNP Paribas Focused vs Mirae Asset Nifty Top 20 Equal Weight ETF: Portfolio Overlap
From each fund's latest monthly portfolio: Baroda BNP Paribas Focused Fund, September 2026; Mirae Asset Nifty Top 20 Equal Weight ETF, September 2026
Holdings in common
- Overlap
- 38.1%
- Held by both
- 9
- Only in Baroda BNP Paribas Focused
- 20
- Only in Mirae Asset Nifty Top 20 Equal Weight ETF
- 11
| Security | % of Baroda BNP Paribas Focused | % of Mirae Asset Nifty Top 20 Equal Weight ETF |
|---|---|---|
| Bharti Airtel Limited | 5.47% | 5.02% |
| State Bank of India | 5.97% | 4.98% |
| Larsen & Toubro Limited | 5.53% | 4.95% |
| Titan Company Limited | 5.16% | 4.79% |
| Mahindra & Mahindra Limited | 4.34% | 4.96% |
| ICICI Bank Limited | 4.11% | 5.09% |
| Sun Pharmaceutical Industries Limited | 4.08% | 5.01% |
| Axis Bank Limited | 3.39% | 5.12% |
| HDFC Bank Limited | 2.45% | 4.92% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 38.1% means 38.1% 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 Baroda BNP Paribas Focused Fund
| Security | % of fund |
|---|---|
| One 97 Communications Limited | 4.64% |
| NHPC Limited | 4.41% |
| Eicher Motors Limited | 3.71% |
| Bharat Heavy Electricals Limited | 3.59% |
| Shriram Finance Limited | 3.57% |
Largest holdings only in Mirae Asset Nifty Top 20 Equal Weight ETF
| Security | % of fund |
|---|---|
| Kotak Mahindra Bank Ltd. | 5.27% |
| Infosys Ltd. | 5.08% |
| Maruti Suzuki India Ltd. | 5.06% |
| NTPC Ltd. | 5.05% |
| Tata Consultancy Services Ltd. | 5.03% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Baroda BNP Paribas Focused | Mirae Asset Nifty Top 20 Equal Weight ETF |
|---|---|---|
| Equity | 95.3% | 100.0% |
| Debt | 1.9% | 0.0% |
| Cash and others | 2.8% | 0.0% |
Market cap of stocks
| Market cap | Baroda BNP Paribas Focused | Mirae Asset Nifty Top 20 Equal Weight ETF |
|---|---|---|
| Large Cap | 67.6% | 100.0% |
| Mid Cap | 18.8% | 0.0% |
| Small Cap | 6.6% | 0.0% |
| Not on AMFI's list | 2.3% | 0.0% |
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 | Baroda BNP Paribas Focused | Mirae Asset Nifty Top 20 Equal Weight ETF |
|---|---|---|
| Banks | 20.8% | 25.4% |
| IT - Software | 3.8% | 15.1% |
| Power | 10.4% | 5.0% |
| Automobiles | 8.1% | 10.0% |
| Diversified FMCG | 0.0% | 9.9% |
| Pharmaceuticals & Biotechnology | 6.4% | 5.0% |
| Financial Technology (Fintech) | 6.0% | 0.0% |
| Construction | 5.5% | 5.0% |
| Telecom - Services | 5.5% | 5.0% |
The six largest sectors of each fund's stocks, % of the fund.
Baroda BNP Paribas Focused vs Mirae Asset Nifty Top 20 Equal Weight ETF: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Baroda BNP Paribas Focused Fund | Mirae Asset Nifty Top 20 Equal Weight ETF |
|---|---|---|
| Total expense ratio (Direct) | 1.18% | Not available |
| Base expense ratio (Direct) | 0.54% | 0.00% |
| Total expense ratio (Regular) | 2.95% | Not available |
| Base expense ratio (Regular) | 2.05% | 0.09% |
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
Baroda BNP Paribas Focused Fund vs Mirae Asset Nifty Top 20 Equal Weight ETF: Frequently Asked Questions
What is the difference between Baroda BNP Paribas Focused Fund and Mirae Asset Nifty Top 20 Equal Weight ETF?
Baroda BNP Paribas Focused Fund is a Focused fund, Mirae Asset Nifty Top 20 Equal Weight ETF is a mutual fund, run by Baroda BNP Paribas Mutual Fund and Mirae Asset Mutual Fund. Their portfolios overlap 38.1%. Baroda BNP Paribas Focused Fund charges 1.18% a year and Mirae Asset Nifty Top 20 Equal Weight ETF 0.26%.
Which has the lower expense ratio, Baroda BNP Paribas Focused Fund or Mirae Asset Nifty Top 20 Equal Weight ETF?
Mirae Asset Nifty Top 20 Equal Weight ETF charges less: 0.26% a year against 1.18%. These are the total expense ratios reported to AMFI.
How much do Baroda BNP Paribas Focused Fund and Mirae Asset Nifty Top 20 Equal Weight ETF overlap?
38.1%. They hold 9 of the same securities, the largest shared ones being BHARTIARTL, SBIN, LT. From each fund's latest monthly portfolio.
Can I invest in both Baroda BNP Paribas Focused Fund and Mirae Asset Nifty Top 20 Equal Weight ETF?
Yes. 38.1% of each fund's money sits in the same holdings, so some of the two investments would move together.
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.