DSP BSE Sensex Next 30 Index Fund vs Nippon India BSE Sensex Next 30 ETF
Direct Plan, Growth option · Data as on 30-10-2026
DSP BSE Sensex Next 30 Index Fund is an Index fund and Nippon India BSE Sensex Next 30 ETF is a mutual fund. In the year to 30-10-2026, DSP BSE Sensex Next 30 Index Fund (Direct) returned −2.3% and Nippon India BSE Sensex Next 30 ETF (Direct) returned −2.1%. DSP BSE Sensex Next 30 Index Fund charges 0.42% a year and Nippon India BSE Sensex Next 30 ETF 0.20% (Direct plans). Their portfolios overlap 99.8%: they hold 30 of the same securities.
DSP BSE Sensex Next 30 Index Fund
Index
- 1 year return
- −2.3%
- Expense ratio
- 0.42%
- NAV
- ₹11.39
Nippon India BSE Sensex Next 30 ETF
- 1 year return
- −2.1%
- Expense ratio
- 0.20%
- NAV
- ₹39.64
Which is better, DSP BSE Sensex Next 30 Index or Nippon India BSE Sensex Next 30 ETF? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Nippon India BSE Sensex Next 30 ETF returned more over 1 year: −2.1% against −2.3%.
- Nippon India BSE Sensex Next 30 ETF costs less: 0.20% a year against 0.42% (Direct plans).
- Nippon India BSE Sensex Next 30 ETF fell less in its worst fall since 12-06-2025: −12.0% against −12.0%.
- DSP BSE Sensex Next 30 Index is the larger fund: ₹28 Cr against ₹7 Cr.
- Their portfolios overlap 99.8%: 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 Index Fund | Nippon India BSE Sensex Next 30 ETF |
|---|---|---|
| Fund house | DSP Mutual Fund | Nippon India Mutual Fund |
| Category | Index | Not available |
| AUM | ₹28 Cr (30-09-2026) | ₹7 Cr (30-09-2026) |
| NAV | ₹11.39 (Direct) | ₹39.64 (Direct) |
| Expense ratio (Direct) | 0.42% | 0.20% |
| Expense ratio (Regular) | 1.10% | Not available |
| Riskometer | Very High | Not available |
| Benchmark | BSE SENSEX Next 30 TRI | Not available |
| Launch date | 30-01-2025 | Not available |
| Minimum investment | ₹100 | Not available |
| Lock in | None | Not available |
| Fund managers | Anil Ghelani, Diipesh Shah, Neha Rathi | Not available |
| Exit load | Nil | Not available |
DSP BSE Sensex Next 30 Index vs Nippon India BSE Sensex Next 30 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 |
|---|---|---|---|---|---|---|---|
| DSP BSE Sensex Next 30 Index Fund (Direct) | −2.19% | −7.31% | −4.88% | −2.28% | -- | -- | -- |
| Nippon India BSE Sensex Next 30 ETF (Direct) | −2.20% | −7.31% | −4.94% | −2.13% | -- | -- | -- |
DSP BSE Sensex Next 30 Index vs Nippon India BSE Sensex Next 30 ETF: Year-wise Returns
| Year | DSP BSE Sensex Next 30 IndexDSP BSE Sensex Next 30 Index | Nippon India BSE Sensex Next 30 ETFNippon India BSE Sensex Next 30 ETF | BSE SENSEX NEXT 30 TRI |
|---|---|---|---|
| 2026to date | −2.84% | −2.74% | −2.62% |
DSP BSE Sensex Next 30 Index vs Nippon India BSE Sensex Next 30 ETF: 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, 95 of them, one for each trading day from 12-06-2026 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.
DSP BSE Sensex Next 30 Index Fund (Direct)
Nippon India BSE Sensex Next 30 ETF (Direct)
BSE SENSEX NEXT 30 TRI
to
Jun 2026Jul 2025
to
Jul 2026Aug 2025
to
Aug 2026Sept 2025
to
Sept 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| DSP BSE Sensex Next 30 Index | 10.5 | 10.5 | 44.2 | 32.6 | 2.1 | 0.0 | 0.0 | 7.6% | 8.3% | −3.9% | 16.6% | 0% |
| Nippon India BSE Sensex Next 30 ETF | 9.5 | 9.5 | 46.3 | 29.5 | 5.3 | 0.0 | 0.0 | 7.8% | 8.5% | −3.8% | 16.9% | 0% |
| BSE SENSEX NEXT 30 TRI | 9.5 | 9.5 | 45.3 | 30.5 | 5.3 | 0.0 | 0.0 | 8.0% | 8.7% | −3.6% | 17.1% | -- |
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 12-06-2025. Past returns do not promise future returns.
DSP BSE Sensex Next 30 Index vs Nippon India BSE Sensex Next 30 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 |
|---|---|---|---|---|
| DSP BSE Sensex Next 30 IndexDSP BSE Sensex Next 30 Index Fund (Direct) | ₹1,70,000 | ₹1,67,647 | −₹2,353 | −1.9% |
| Nippon India BSE Sensex Next 30 ETFNippon India BSE Sensex Next 30 ETF (Direct) | ₹1,70,000 | ₹1,67,695 | −₹2,305 | −1.8% |
DSP BSE Sensex Next 30 IndexDSP BSE Sensex Next 30 Index Fund (Direct)
Nippon India BSE Sensex Next 30 ETFNippon India BSE Sensex Next 30 ETF (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 Index vs Nippon India BSE Sensex Next 30 ETF: 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 Index Fund (Direct) | Nippon India BSE Sensex Next 30 ETF (Direct) |
|---|---|---|
| Return (CAGR) | −2.28% | −2.13% |
| Standard deviation | 14.37% | 14.52% |
| Sharpe ratio | -0.52 | -0.51 |
| Sortino ratio | -0.68 | -0.66 |
| Maximum drawdown | −12.0% (23-10-2026) | −12.0% (23-10-2026) |
| Beta | 1.00 | 1.00 |
| Alpha | −0.36% | −0.19% |
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 Index Fund (Direct) | Nippon India BSE Sensex Next 30 ETF (Direct) |
|---|---|---|
| Return (CAGR) | +7.80% | +2.98% |
| Standard deviation | 14.87% | 13.40% |
| Sharpe ratio | 0.16 | -0.17 |
| Sortino ratio | 0.21 | -0.23 |
| Maximum drawdown | −12.0% (23-10-2026) | −12.0% (23-10-2026) |
| Beta | 0.99 | 1.00 |
| Alpha | −0.44% | −0.25% |
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 Index Fund (Direct)
Nippon India BSE Sensex Next 30 ETF (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 Index Fund (Direct) | −12.0% | 10-08-2026 | 23-10-2026 | Not yet | -- | −9.7% |
| Nippon India BSE Sensex Next 30 ETF (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 12-06-2025, 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.
DSP BSE Sensex Next 30 Index Fund (Direct)
Nippon India BSE Sensex Next 30 ETF (Direct)
BSE SENSEX NEXT 30 TRI
Against BSE SENSEX NEXT 30 TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| DSP BSE Sensex Next 30 Index Fund (Direct) | 99% | 101% | 0.10% |
| Nippon India BSE Sensex Next 30 ETF (Direct) | 99% | 100% | 0.06% |
From month-end values since 12-06-2025. 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.
DSP BSE Sensex Next 30 Index vs Nippon India BSE Sensex Next 30 ETF: Portfolio Overlap
From each fund's latest monthly portfolio: DSP BSE Sensex Next 30 Index Fund, September 2026; Nippon India BSE Sensex Next 30 ETF, September 2026
Holdings in common
- Overlap
- 99.8%
- Held by both
- 30
- Only in DSP BSE Sensex Next 30 Index
- 0
- Only in Nippon India BSE Sensex Next 30 ETF
- 0
| Security | % of DSP BSE Sensex Next 30 Index | % of Nippon India BSE Sensex Next 30 ETF |
|---|---|---|
| Shriram Finance Limited | 5.47% | 5.46% |
| Hindalco Industries Limited | 5.43% | 5.42% |
| JSW Steel Limited | 4.79% | 4.78% |
| Divi's Laboratories Limited | 4.74% | 4.73% |
| Bajaj Auto Limited | 4.62% | 4.61% |
| Grasim Industries Limited | 4.60% | 4.59% |
| Coal India Limited | 4.08% | 4.08% |
| Adani Enterprises Limited | 3.93% | 3.92% |
| Eicher Motors Limited | 3.93% | 3.92% |
| TVS Motor Co Limited | 3.82% | 3.82% |
| Nestle India Limited | 3.75% | 3.74% |
| Oil & Natural Gas Corporation Limited | 3.51% | 3.51% |
| Hindustan Aeronautics Limited | 3.49% | 3.49% |
| Apollo Hospitals Enterprise Limited | 3.33% | 3.32% |
| SBI Life Insurance Co Limited | 3.06% | 3.05% |
| Cipla Limited | 3.06% | 3.05% |
| Dr. Reddy's Laboratories Limited | 3.02% | 3.01% |
| 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% | 2.68% |
| Indian Hotels Co Limited | 2.58% | 2.57% |
| Tata Consumer Products Limited | 2.46% | 2.45% |
| Tata Motors Passenger Vehicles Limited | 2.39% | 2.39% |
| Tata Power Co Limited | 2.39% | 2.38% |
| Varun Beverages Limited | 2.34% | 2.33% |
| 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% | 1.69% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 99.8% means 99.8% 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 Index Fund
Every holding of this fund is also held by the other.
Largest holdings only in Nippon India BSE Sensex Next 30 ETF
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 Index | Nippon India BSE Sensex Next 30 ETF |
|---|---|---|
| Equity | 100.0% | 99.8% |
| Debt | 0.0% | 0.0% |
| Cash and others | 0.0% | 0.2% |
Market cap of stocks
| Market cap | DSP BSE Sensex Next 30 Index | Nippon India BSE Sensex Next 30 ETF |
|---|---|---|
| Large Cap | 87.0% | 86.9% |
| 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 Index | Nippon India BSE Sensex Next 30 ETF |
|---|---|---|
| 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 Index vs Nippon India BSE Sensex Next 30 ETF: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | DSP BSE Sensex Next 30 Index Fund | Nippon India BSE Sensex Next 30 ETF |
|---|---|---|
| Total expense ratio (Direct) | 0.42% | 0.20% |
| Base expense ratio (Direct) | 0.21% | 0.13% |
| Total expense ratio (Regular) | 1.10% | Not available |
| Base expense ratio (Regular) | 0.80% | 0.00% |
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 Index Fund vs Nippon India BSE Sensex Next 30 ETF: Frequently Asked Questions
What is the difference between DSP BSE Sensex Next 30 Index Fund and Nippon India BSE Sensex Next 30 ETF?
DSP BSE Sensex Next 30 Index Fund is an Index fund, Nippon India BSE Sensex Next 30 ETF is a mutual fund, run by DSP Mutual Fund and Nippon India Mutual Fund. Their portfolios overlap 99.8%. DSP BSE Sensex Next 30 Index Fund charges 0.42% a year and Nippon India BSE Sensex Next 30 ETF 0.20%.
Which has given higher returns, DSP BSE Sensex Next 30 Index Fund or Nippon India BSE Sensex Next 30 ETF?
Over 1 year: DSP BSE Sensex Next 30 Index Fund −2.28%, Nippon India BSE Sensex Next 30 ETF −2.13%. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, DSP BSE Sensex Next 30 Index Fund or Nippon India BSE Sensex Next 30 ETF?
Nippon India BSE Sensex Next 30 ETF charges less: 0.20% a year against 0.42%. These are the Direct plans' total expense ratios reported to AMFI.
How much do DSP BSE Sensex Next 30 Index Fund and Nippon India BSE Sensex Next 30 ETF overlap?
99.8%. They hold 30 of the same securities, the largest shared ones being SHRIRAMFIN, HINDALCO, JSWSTEEL. From each fund's latest monthly portfolio.
Can I invest in both DSP BSE Sensex Next 30 Index Fund and Nippon India BSE Sensex Next 30 ETF?
Yes. 99.8% 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.