CPSE ETF vs Motilal Oswal Nifty PSE ETF
Direct Plan where a fund has one, Growth option · Data as on 30-10-2026
CPSE ETF is a mutual fund and Motilal Oswal Nifty PSE ETF is an ETF fund. In the year to 30-10-2026, CPSE ETF (Direct) returned −6.5% and Motilal Oswal Nifty PSE ETF returned −8.4%. CPSE ETF charges 0.08% a year and Motilal Oswal Nifty PSE ETF 0.73%. Their portfolios overlap 54.4%: they hold 7 of the same securities.
Motilal Oswal Nifty PSE ETF
ETF
- 1 year return
- −8.4%
- Expense ratio
- 0.73%
- NAV
- ₹92.68
Which is better, CPSE ETF or Motilal Oswal Nifty PSE ETF? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- CPSE ETF returned more over 1 year: −6.5% against −8.4%.
- CPSE ETF costs less: 0.08% a year against 0.73%.
- Motilal Oswal Nifty PSE ETF fell less in its worst fall since 05-06-2025: −17.0% against −21.1%.
- CPSE ETF is the larger fund: ₹18,645 Cr against ₹2 Cr.
- Their portfolios overlap 54.4%: 7 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 | CPSE ETF | Motilal Oswal Nifty PSE ETF |
|---|---|---|
| Fund house | Nippon India Mutual Fund | Motilal Oswal Mutual Fund |
| Category | Not available | ETF |
| AUM | ₹18,645 Cr (30-09-2026) | ₹2 Cr (30-09-2026) |
| NAV | ₹88.53 (Direct) | ₹92.68 |
| Expense ratio (Direct) | 0.08% | Not available |
| Expense ratio (Regular) | Not available | Not available |
| Riskometer | Not available | Very High |
| Benchmark | Not available | Nifty PSE TRI |
| Launch date | Not available | 02-06-2025 |
| Minimum investment | Not available | Ongoing Basis: On Exchange: Investors can buy/sell units of the Scheme in round lots of 1 unit and in multiples thereof. Directly with the Mutual Fund: For Eligible investors: Transactions must be in multiple of unit creation size and the execution value |
| Lock in | Not available | None |
| Fund managers | Not available | Swapnil Mayekar, Dishant Mehta, Rakesh Shetty |
| Exit load | Not available | Nil |
CPSE ETF vs Motilal Oswal Nifty PSE 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 |
|---|---|---|---|---|---|---|---|
| CPSE ETF (Direct) | −2.75% | −6.25% | −18.12% | −6.49% | +18.55% | +24.55% | -- |
| Motilal Oswal Nifty PSE ETF | −2.99% | −7.63% | −14.12% | −8.39% | -- | -- | -- |
CPSE ETF vs Motilal Oswal Nifty PSE ETF: Year-wise Returns
| Year | CPSECPSE ETF | Motilal Oswal Nifty PSEMotilal Oswal Nifty PSE ETF |
|---|---|---|
| 2026to date | −3.39% | −6.84% |
| 2025 | +7.18% | -- |
| 2024 | +28.03% | -- |
| 2023 | +75.62% | -- |
| 2022 | +27.95% | -- |
| 2021 | +46.00% | -- |
CPSE ETF vs Motilal Oswal Nifty PSE ETF: Rolling Returns
Every holding period of both funds, against Nifty CPSE TRI, the benchmark of CPSE ETF
Rolling returns
Every 1-year holding period, 100 of them, one for each trading day from 05-06-2026 to 30-10-2026: the yearly return (CAGR) of each, plotted on the day it ended. One lucky or unlucky start day cannot flatter or hide a fund.
CPSE ETF (Direct)
Motilal Oswal Nifty PSE ETF
Nifty CPSE TRI
to
Jun 2026Jul 2025
to
Jul 2026Aug 2025
to
Aug 2026Aug 2025
to
Aug 2026Sept 2025
to
Sept 2026Oct 2025
to
Oct 2026
How the periods spread
| Fund | Below 0% | 0-5% | 5-10% | 10-15% | 15-20% | 20-25% | Above 25% | Mean | Median | Lowest | Highest | Beat benchmark |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| CPSE ETF | 26.0 | 57.0 | 17.0 | 0.0 | 0.0 | 0.0 | 0.0 | 1.9% | 3.6% | −9.2% | 8.2% | 1% |
| Motilal Oswal Nifty PSE ETF | 37.0 | 53.0 | 10.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.7% | 1.4% | −9.1% | 6.8% | 19% |
| Nifty CPSE TRI | 26.0 | 57.0 | 17.0 | 0.0 | 0.0 | 0.0 | 0.0 | 2.0% | 3.7% | −9.2% | 8.3% | -- |
The table shows the % of periods in each return band; a darker cell holds more of them. Lumpsum: the yearly rate (CAGR) from a period's first NAV to its last. SIP: the XIRR of the monthly instalments. The benchmark is Nifty CPSE TRI, over the same periods. "Beat benchmark" counts the periods in which the fund did better. Every fund is measured over the days all of them have, from 05-06-2025. Past returns do not promise future returns.
CPSE ETF vs Motilal Oswal Nifty PSE ETF: SIP and Lumpsum Returns
What the same monthly or one-time investment would be worth in each fund today, from their own NAV history
Growth of an investment
₹10,000 on the first trading day of every month, from 02-06-2025 to 30-10-2026: 17 instalments, ₹1,70,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| CPSE ETFCPSE ETF (Direct) | ₹1,70,000 | ₹1,58,512 | −₹11,488 | −9.1% |
| Motilal Oswal Nifty PSE ETFMotilal Oswal Nifty PSE ETF | ₹1,70,000 | ₹1,57,904 | −₹12,096 | −9.5% |
CPSE ETFCPSE ETF (Direct)
Motilal Oswal Nifty PSE ETFMotilal Oswal Nifty PSE ETF
Amount invested
From each plan's published NAV (Growth option), over the same days. Return a year: XIRR for a SIP, CAGR for a lumpsum, shown for a year or more. It does not include exit load, stamp duty or tax. Past returns do not promise future returns.
CPSE ETF vs Motilal Oswal Nifty PSE ETF: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | CPSE ETF (Direct) | Motilal Oswal Nifty PSE ETF |
|---|---|---|
| Return (CAGR) | −6.49% | −8.39% |
| Standard deviation | 15.21% | 15.58% |
| Sharpe ratio | -0.77 | -0.88 |
| Sortino ratio | -1.06 | -1.15 |
| Maximum drawdown | −21.1% (23-10-2026) | −17.0% (23-10-2026) |
| Beta | 1.00 | 0.99 |
| Alpha | −0.07% | −0.54% |
From daily NAVs, 30-10-2025 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.
| Measure | CPSE ETF (Direct) | Motilal Oswal Nifty PSE ETF |
|---|---|---|
| Return (CAGR) | +13.53% | −4.53% |
| Standard deviation | 21.70% | 14.59% |
| Sharpe ratio | 0.38 | -0.67 |
| Sortino ratio | 0.52 | -0.90 |
| Maximum drawdown | −54.1% (19-03-2020) | −17.0% (23-10-2026) |
| Beta | -- | 0.99 |
| Alpha | -- | −0.54% |
From daily NAVs, 07-11-2016 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.
CPSE ETF (Direct)
Motilal Oswal Nifty PSE ETF
Nifty CPSE TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| CPSE ETF (Direct) | −21.1% | 29-04-2026 | 23-10-2026 | Not yet | -- | −18.7% |
| Motilal Oswal Nifty PSE ETF | −17.0% | 28-04-2026 | 23-10-2026 | Not yet | -- | −15.2% |
| Nifty CPSE TRI | −21.1% | 29-04-2026 | 23-10-2026 | Not yet | -- | −18.7% |
From daily values since 05-06-2025, the first day every fund has.
Rolling standard deviation
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 1-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
CPSE ETF (Direct)
Motilal Oswal Nifty PSE ETF
Nifty CPSE TRI
Against Nifty CPSE TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| CPSE ETF (Direct) | 100% | 100% | 0.04% |
| Motilal Oswal Nifty PSE ETF | 100% | 106% | 7.98% |
From month-end values since 05-06-2025. Up capture: a fund's average month when the benchmark rose, as % of the benchmark's; above 100% it gained more. Down capture: the same for months the benchmark fell; below 100% it fell less. Tracking error: how far the monthly returns strayed from the benchmark's, a year; an index fund aims near 0.
CPSE ETF vs Motilal Oswal Nifty PSE ETF: Portfolio Overlap
From each fund's latest monthly portfolio: CPSE ETF, September 2026; Motilal Oswal Nifty PSE ETF, September 2026
Holdings in common
- Overlap
- 54.4%
- Held by both
- 7
- Only in CPSE ETF
- 4
- Only in Motilal Oswal Nifty PSE ETF
- 13
| Security | % of CPSE ETF | % of Motilal Oswal Nifty PSE ETF |
|---|---|---|
| NTPC Limited | 20.22% | 12.81% |
| Bharat Electronics Limited | 20.19% | 11.62% |
| Power Grid Corporation of India Limited | 17.83% | 9.85% |
| Coal India Limited | 15.39% | 8.50% |
| Oil & Natural Gas Corporation Limited | 13.26% | 7.33% |
| NHPC Limited | 4.15% | 2.29% |
| Oil India Limited | 3.70% | 2.04% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 54.4% means 54.4% 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 CPSE ETF
| Security | % of fund |
|---|---|
| Cochin Shipyard Limited | 1.92% |
| NLC India Limited | 1.44% |
| NBCC (India) Limited | 1.23% |
| SJVN Limited | 0.64% |
Largest holdings only in Motilal Oswal Nifty PSE ETF
| Security | % of fund |
|---|---|
| Hindustan Aeronautics Limited | 7.39% |
| Bharat Petroleum Corporation Limited | 5.08% |
| Bharat Heavy Electricals Limited | 5.06% |
| Indian Oil Corporation Limited | 4.21% |
| Power Finance Corporation Limited | 3.96% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | CPSE ETF | Motilal Oswal Nifty PSE ETF |
|---|---|---|
| Equity | 100.0% | 99.6% |
| Debt | 0.0% | 0.0% |
| Cash and others | 0.0% | 0.4% |
Market cap of stocks
| Market cap | CPSE ETF | Motilal Oswal Nifty PSE ETF |
|---|---|---|
| Large Cap | 86.9% | 81.1% |
| Mid Cap | 11.2% | 18.5% |
| Small Cap | 1.9% | 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 | CPSE ETF | Motilal Oswal Nifty PSE ETF |
|---|---|---|
| Power | 44.3% | 24.9% |
| Aerospace & Defense | 20.2% | 19.0% |
| Oil | 17.0% | 9.4% |
| Consumable Fuels | 15.4% | 8.5% |
| Petroleum Products | 0.0% | 12.1% |
| Finance | 0.0% | 8.6% |
| Industrial Manufacturing | 1.9% | 0.0% |
| Construction | 1.2% | 0.0% |
The six largest sectors of each fund's stocks, % of the fund.
CPSE ETF vs Motilal Oswal Nifty PSE ETF: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | CPSE ETF | Motilal Oswal Nifty PSE ETF |
|---|---|---|
| Total expense ratio (Direct) | 0.08% | Not available |
| Base expense ratio (Direct) | 0.06% | 0.00% |
| Base expense ratio (Regular) | 0.00% | 0.45% |
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.
CPSE ETF vs Motilal Oswal Nifty PSE ETF: Frequently Asked Questions
What is the difference between CPSE ETF and Motilal Oswal Nifty PSE ETF?
CPSE ETF is a mutual fund, Motilal Oswal Nifty PSE ETF is an ETF fund, run by Nippon India Mutual Fund and Motilal Oswal Mutual Fund. Their portfolios overlap 54.4%. CPSE ETF charges 0.08% a year and Motilal Oswal Nifty PSE ETF 0.73%.
Which has given higher returns, CPSE ETF or Motilal Oswal Nifty PSE ETF?
Over 1 year: CPSE ETF −6.49%, Motilal Oswal Nifty PSE ETF −8.39%. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, CPSE ETF or Motilal Oswal Nifty PSE ETF?
CPSE ETF charges less: 0.08% a year against 0.73%. These are the total expense ratios reported to AMFI.
How much do CPSE ETF and Motilal Oswal Nifty PSE ETF overlap?
54.4%. They hold 7 of the same securities, the largest shared ones being NTPC, BEL, POWERGRID. From each fund's latest monthly portfolio.
Can I invest in both CPSE ETF and Motilal Oswal Nifty PSE ETF?
Yes. 54.4% of each fund's money sits in the same holdings, so a large part 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.