DSP BSE Sensex Next 30 ETF vs DSP BSE Sensex Next 30 Index Fund
Direct Plan where a fund has one, Growth option · Data as on 30-10-2026
DSP BSE Sensex Next 30 ETF is an ETF fund and DSP BSE Sensex Next 30 Index Fund is an Index fund. In the year to 30-10-2026, DSP BSE Sensex Next 30 ETF returned −2.1% and DSP BSE Sensex Next 30 Index Fund (Direct) returned −2.3%. DSP BSE Sensex Next 30 ETF charges 0.21% a year and DSP BSE Sensex Next 30 Index Fund 0.42%. Their portfolios overlap 100.0%: they hold 30 of the same securities.
DSP BSE Sensex Next 30 ETF
ETF
- 1 year return
- −2.1%
- Expense ratio
- 0.21%
- NAV
- ₹39.75
DSP BSE Sensex Next 30 Index Fund
Index
- 1 year return
- −2.3%
- Expense ratio
- 0.42%
- NAV
- ₹11.39
Which is better, DSP BSE Sensex Next 30 ETF or DSP BSE Sensex Next 30 Index? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- DSP BSE Sensex Next 30 ETF returned more over 1 year: −2.1% against −2.3%.
- DSP BSE Sensex Next 30 ETF costs less: 0.21% a year against 0.42%.
- DSP BSE Sensex Next 30 Index fell less in its worst fall since 30-01-2025: −12.0% against −12.1%.
- DSP BSE Sensex Next 30 ETF is the larger fund: ₹45 Cr against ₹28 Cr.
- Their portfolios overlap 100.0%: 30 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 | DSP BSE Sensex Next 30 ETF | DSP BSE Sensex Next 30 Index Fund |
|---|---|---|
| Fund house | DSP Mutual Fund | DSP Mutual Fund |
| Category | ETF | Index |
| AUM | ₹45 Cr (30-09-2026) | ₹28 Cr (30-09-2026) |
| NAV | ₹39.75 | ₹11.39 (Direct) |
| Expense ratio (Direct) | Not available | 0.42% |
| Expense ratio (Regular) | Not available | 1.10% |
| Riskometer | Very High | Very High |
| Benchmark | BSE SENSEX Next 30 TRI | BSE SENSEX Next 30 TRI |
| Launch date | 30-01-2025 | 30-01-2025 |
| Minimum investment | ₹5,000 | ₹100 |
| Lock in | None | None |
| Fund managers | Anil Ghelani, Diipesh Shah, Neha Rathi | Anil Ghelani, Diipesh Shah, Neha Rathi |
| Exit load | Nil | Nil |
DSP BSE Sensex Next 30 ETF vs DSP BSE Sensex Next 30 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 |
|---|---|---|---|---|---|---|---|
| DSP BSE Sensex Next 30 ETF | −2.19% | −7.31% | −4.85% | −2.08% | -- | -- | -- |
| DSP BSE Sensex Next 30 Index Fund (Direct) | −2.19% | −7.31% | −4.88% | −2.28% | -- | -- | -- |
DSP BSE Sensex Next 30 ETF vs DSP BSE Sensex Next 30 Index: Year-wise Returns
| Year | ETFDSP BSE Sensex Next 30 ETF | IndexDSP BSE Sensex Next 30 Index | BSE SENSEX NEXT 30 TRI |
|---|---|---|---|
| 2026to date | −2.69% | −2.84% | −2.62% |
DSP BSE Sensex Next 30 ETF vs DSP BSE Sensex Next 30 Index: Rolling Returns
Every holding period of both funds, against BSE SENSEX NEXT 30 TRI, the benchmark of both
Rolling returns
Every 1-year holding period, 185 of them, one for each trading day from 30-01-2026 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.
DSP BSE Sensex Next 30 ETF
DSP BSE Sensex Next 30 Index Fund (Direct)
BSE SENSEX NEXT 30 TRI
to
Feb 2026Apr 2025
to
Apr 2026May 2025
to
May 2026Jul 2025
to
Jul 2026Aug 2025
to
Aug 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| DSP BSE Sensex Next 30 ETF | 4.9 | 7.6 | 29.2 | 34.6 | 14.6 | 7.0 | 2.2 | 11.2% | 11.4% | −3.8% | 26.4% | 0% |
| DSP BSE Sensex Next 30 Index | 5.4 | 8.7 | 28.3 | 38.0 | 11.4 | 6.5 | 1.6 | 10.9% | 10.9% | −3.9% | 26.0% | 0% |
| BSE SENSEX NEXT 30 TRI | 4.9 | 7.0 | 29.2 | 34.6 | 14.6 | 7.6 | 2.2 | 11.4% | 11.7% | −3.6% | 26.8% | -- |
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 BSE SENSEX NEXT 30 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 30-01-2025. Past returns do not promise future returns.
DSP BSE Sensex Next 30 ETF vs DSP BSE Sensex Next 30 Index: 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 30-01-2025 to 30-10-2026: 22 instalments, ₹2,20,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| DSP BSE Sensex Next 30 ETFDSP BSE Sensex Next 30 ETF | ₹2,20,000 | ₹2,24,778 | ₹4,778 | 2.3% |
| DSP BSE Sensex Next 30 IndexDSP BSE Sensex Next 30 Index Fund (Direct) | ₹2,20,000 | ₹2,24,421 | ₹4,421 | 2.1% |
DSP BSE Sensex Next 30 ETFDSP BSE Sensex Next 30 ETF
DSP BSE Sensex Next 30 IndexDSP BSE Sensex Next 30 Index Fund (Direct)
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.
DSP BSE Sensex Next 30 ETF vs DSP BSE Sensex Next 30 Index: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | DSP BSE Sensex Next 30 ETF | DSP BSE Sensex Next 30 Index Fund (Direct) |
|---|---|---|
| Return (CAGR) | −2.08% | −2.28% |
| Standard deviation | 14.54% | 14.37% |
| Sharpe ratio | -0.50 | -0.52 |
| Sortino ratio | -0.65 | -0.68 |
| Maximum drawdown | −12.1% (23-10-2026) | −12.0% (23-10-2026) |
| Beta | 1.00 | 1.00 |
| Alpha | −0.14% | −0.36% |
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 | DSP BSE Sensex Next 30 ETF | DSP BSE Sensex Next 30 Index Fund (Direct) |
|---|---|---|
| Return (CAGR) | +8.04% | +7.80% |
| Standard deviation | 14.99% | 14.87% |
| Sharpe ratio | 0.17 | 0.16 |
| Sortino ratio | 0.23 | 0.21 |
| Maximum drawdown | −12.1% (23-10-2026) | −12.0% (23-10-2026) |
| Beta | 1.00 | 0.99 |
| Alpha | −0.21% | −0.44% |
From daily NAVs, 30-01-2025 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.
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.
DSP BSE Sensex Next 30 ETF
DSP BSE Sensex Next 30 Index Fund (Direct)
BSE SENSEX NEXT 30 TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| DSP BSE Sensex Next 30 ETF | −12.1% | 10-08-2026 | 23-10-2026 | Not yet | -- | −9.7% |
| DSP BSE Sensex Next 30 Index Fund (Direct) | −12.0% | 10-08-2026 | 23-10-2026 | Not yet | -- | −9.7% |
| BSE SENSEX NEXT 30 TRI | −12.0% | 10-08-2026 | 23-10-2026 | Not yet | -- | −9.7% |
From daily values since 30-01-2025, 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.
DSP BSE Sensex Next 30 ETF
DSP BSE Sensex Next 30 Index Fund (Direct)
BSE SENSEX NEXT 30 TRI
Against BSE SENSEX NEXT 30 TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| DSP BSE Sensex Next 30 ETF | 99% | 100% | 0.10% |
| DSP BSE Sensex Next 30 Index Fund (Direct) | 99% | 100% | 0.14% |
From month-end values since 30-01-2025. 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.
DSP BSE Sensex Next 30 ETF vs DSP BSE Sensex Next 30 Index: Portfolio Overlap
From each fund's latest monthly portfolio: DSP BSE Sensex Next 30 ETF, September 2026; DSP BSE Sensex Next 30 Index Fund, September 2026
Holdings in common
- Overlap
- 100.0%
- Held by both
- 30
- Only in DSP BSE Sensex Next 30 ETF
- 0
- Only in DSP BSE Sensex Next 30 Index
- 0
| Security | % of DSP BSE Sensex Next 30 ETF | % of DSP BSE Sensex Next 30 Index |
|---|---|---|
| Shriram Finance Limited | 5.47% | 5.47% |
| Hindalco Industries Limited | 5.43% | 5.43% |
| JSW Steel Limited | 4.79% | 4.79% |
| Divi's Laboratories Limited | 4.74% | 4.74% |
| Bajaj Auto Limited | 4.62% | 4.62% |
| Grasim Industries Limited | 4.60% | 4.60% |
| Coal India Limited | 4.08% | 4.08% |
| Adani Enterprises Limited | 3.93% | 3.93% |
| Eicher Motors Limited | 3.93% | 3.93% |
| TVS Motor Co Limited | 3.82% | 3.82% |
| Nestle India Limited | 3.75% | 3.75% |
| Oil & Natural Gas Corporation Limited | 3.51% | 3.51% |
| Hindustan Aeronautics Limited | 3.49% | 3.49% |
| Apollo Hospitals Enterprise Limited | 3.33% | 3.33% |
| SBI Life Insurance Co Limited | 3.06% | 3.06% |
| Cipla Limited | 3.06% | 3.06% |
| Dr. Reddy's Laboratories Limited | 3.02% | 3.02% |
| Jio Financial Services Limited | 2.86% | 2.86% |
| Cholamandalam Investment and Finance Co Limited | 2.81% | 2.81% |
| Max Healthcare Institute Limited | 2.75% | 2.75% |
| Hero MotoCorp Limited | 2.69% | 2.69% |
| Indian Hotels Co Limited | 2.58% | 2.58% |
| Tata Consumer Products Limited | 2.45% | 2.46% |
| Tata Power Co Limited | 2.39% | 2.39% |
| Tata Motors Passenger Vehicles Limited | 2.39% | 2.39% |
| Varun Beverages Limited | 2.34% | 2.34% |
| Britannia Industries Limited | 2.27% | 2.27% |
| HDFC Life Insurance Co Limited | 2.21% | 2.21% |
| Suzlon Energy Limited | 1.91% | 1.91% |
| Wipro Limited | 1.70% | 1.70% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 100.0% means 100.0% 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 DSP BSE Sensex Next 30 ETF
Every holding of this fund is also held by the other.
Largest holdings only in DSP BSE Sensex Next 30 Index Fund
Every holding of this fund is also held by the other.
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | DSP BSE Sensex Next 30 ETF | DSP BSE Sensex Next 30 Index |
|---|---|---|
| Equity | 100.0% | 100.0% |
| Debt | 0.0% | 0.0% |
| Cash and others | 0.0% | 0.0% |
Market cap of stocks
| Market cap | DSP BSE Sensex Next 30 ETF | DSP BSE Sensex Next 30 Index |
|---|---|---|
| Large Cap | 87.0% | 87.0% |
| Mid Cap | 12.9% | 12.9% |
| Small Cap | 0.0% | 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 | DSP BSE Sensex Next 30 ETF | DSP BSE Sensex Next 30 Index |
|---|---|---|
| Automobiles | 17.4% | 17.4% |
| Finance | 11.1% | 11.1% |
| Pharmaceuticals & Biotechnology | 10.8% | 10.8% |
| Healthcare Services | 6.1% | 6.1% |
| Food Products | 6.0% | 6.0% |
| Non - Ferrous Metals | 5.4% | 5.4% |
The six largest sectors of each fund's stocks, % of the fund.
DSP BSE Sensex Next 30 ETF vs DSP BSE Sensex Next 30 Index: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | DSP BSE Sensex Next 30 ETF | DSP BSE Sensex Next 30 Index Fund |
|---|---|---|
| Total expense ratio (Direct) | Not available | 0.42% |
| Base expense ratio (Direct) | 0.13% | 0.21% |
| Total expense ratio (Regular) | Not available | 1.10% |
| Base expense ratio (Regular) | 0.00% | 0.80% |
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.
DSP BSE Sensex Next 30 ETF vs DSP BSE Sensex Next 30 Index Fund: Frequently Asked Questions
What is the difference between DSP BSE Sensex Next 30 ETF and DSP BSE Sensex Next 30 Index Fund?
DSP BSE Sensex Next 30 ETF is an ETF fund, DSP BSE Sensex Next 30 Index Fund is an Index fund, run by DSP Mutual Fund. Their portfolios overlap 100.0%. DSP BSE Sensex Next 30 ETF charges 0.21% a year and DSP BSE Sensex Next 30 Index Fund 0.42%.
Which has given higher returns, DSP BSE Sensex Next 30 ETF or DSP BSE Sensex Next 30 Index Fund?
Over 1 year: DSP BSE Sensex Next 30 ETF −2.08%, DSP BSE Sensex Next 30 Index Fund −2.28%. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, DSP BSE Sensex Next 30 ETF or DSP BSE Sensex Next 30 Index Fund?
DSP BSE Sensex Next 30 ETF charges less: 0.21% a year against 0.42%. These are the total expense ratios reported to AMFI.
How much do DSP BSE Sensex Next 30 ETF and DSP BSE Sensex Next 30 Index Fund overlap?
100.0%. They hold 30 of the same securities, the largest shared ones being SHRIRAMFIN, HINDALCO, JSWSTEEL. From each fund's latest monthly portfolio.
Which is riskier, DSP BSE Sensex Next 30 ETF or DSP BSE Sensex Next 30 Index Fund?
On SEBI's riskometer, DSP BSE Sensex Next 30 ETF is rated Very High and DSP BSE Sensex Next 30 Index Fund Very High. Over 1 years, the standard deviation of daily returns was 14.54% and 14.37% a year.
Can I invest in both DSP BSE Sensex Next 30 ETF and DSP BSE Sensex Next 30 Index Fund?
Yes. 100.0% of each fund's money sits in the same holdings, so a large part of the two investments would move together.
Who manages DSP BSE Sensex Next 30 ETF and DSP BSE Sensex Next 30 Index Fund?
DSP BSE Sensex Next 30 ETF: Anil Ghelani, Diipesh Shah, Neha Rathi. DSP BSE Sensex Next 30 Index Fund: Anil Ghelani, Diipesh Shah, Neha Rathi.
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.