DSP MSCI India ETF vs SBI BSE 100 ETF
Direct Plan where a fund has one, Growth option · Data as on 30-10-2026
DSP MSCI India ETF is a mutual fund and SBI BSE 100 ETF is a mutual fund. DSP MSCI India ETF charges 0.16% a year and SBI BSE 100 ETF 0.16%. Their portfolios overlap 83.4%: they hold 99 of the same securities.
Which is better, DSP MSCI India ETF or SBI BSE 100 ETF? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- DSP MSCI India ETF fell less in its worst fall since 25-11-2025: −14.6% against −15.0%.
- SBI BSE 100 ETF is the larger fund: ₹9 Cr against ₹3 Cr.
- Their portfolios overlap 83.4%: 99 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 MSCI India ETF | SBI BSE 100 ETF |
|---|---|---|
| Fund house | DSP Mutual Fund | SBI Mutual Fund |
| Category | Not available | Not available |
| AUM | ₹3 Cr (30-09-2026) | ₹9 Cr (30-09-2026) |
| NAV | ₹27.96 | ₹272.01 (Regular) |
| Expense ratio (Direct) | Not available | Not available |
| Expense ratio (Regular) | Not available | 0.16% |
| 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 |
DSP MSCI India ETF vs SBI BSE 100 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 MSCI India ETF | +0.34% | −5.94% | −3.51% | -- | -- | -- | -- |
| SBI BSE 100 ETF (Regular) | +0.93% | −5.53% | −2.97% | −9.05% | +8.78% | +7.62% | +11.52% |
DSP MSCI India ETF vs SBI BSE 100 ETF: Year-wise Returns
| Year | DSP MSCI IndiaDSP MSCI India ETF | SBI BSE 100SBI BSE 100 ETF |
|---|---|---|
| 2026to date | −8.97% | −9.80% |
| 2025 | -- | +10.33% |
| 2024 | -- | +13.11% |
| 2023 | -- | +23.07% |
| 2022 | -- | +5.85% |
| 2021 | -- | +26.33% |
DSP MSCI India ETF vs SBI BSE 100 ETF: Rolling Returns
Every holding period of both funds, against BSE 100 TRI, the benchmark of SBI BSE 100 ETF
DSP MSCI India ETF vs SBI BSE 100 ETF: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | DSP MSCI India ETF | SBI BSE 100 ETF (Regular) |
|---|---|---|
| Return (CAGR) | −8.48% | +10.40% |
| Standard deviation | 14.60% | 15.99% |
| Sharpe ratio | -0.94 | 0.30 |
| Sortino ratio | -1.24 | 0.40 |
| Maximum drawdown | −14.6% (31-03-2026) | −38.2% (23-03-2020) |
| Beta | -- | 1.00 |
| Alpha | -- | −0.44% |
From daily NAVs, 25-11-2025 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 MSCI India ETF
SBI BSE 100 ETF (Regular)
BSE 100 TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| DSP MSCI India ETF | −14.6% | 02-01-2026 | 31-03-2026 | Not yet | -- | −10.1% |
| SBI BSE 100 ETF (Regular) | −15.0% | 02-01-2026 | 31-03-2026 | Not yet | -- | −10.6% |
| BSE 100 TRI | −15.0% | 02-01-2026 | 30-03-2026 | Not yet | -- | −10.4% |
From daily values since 25-11-2025, the first day every fund has.
DSP MSCI India ETF vs SBI BSE 100 ETF: Portfolio Overlap
From each fund's latest monthly portfolio: DSP MSCI India ETF, September 2026; SBI BSE 100 ETF, September 2026
Holdings in common
- Overlap
- 83.4%
- Held by both
- 99
- Only in DSP MSCI India ETF
- 65
- Only in SBI BSE 100 ETF
- 1
| Security | % of DSP MSCI India ETF | % of SBI BSE 100 ETF |
|---|---|---|
| HDFC Bank Limited | 6.44% | 8.26% |
| ICICI Bank Limited | 5.59% | 7.24% |
| Reliance Industries Limited | 5.44% | 6.01% |
| Bharti Airtel Limited | 3.93% | 4.18% |
| Infosys Limited | 2.41% | 2.68% |
| Axis Bank Limited | 2.25% | 2.68% |
| Larsen & Toubro Limited | 2.02% | 3.35% |
| Mahindra & Mahindra Limited | 2.05% | 2.01% |
| Bajaj Finance Limited | 1.90% | 1.96% |
| Kotak Mahindra Bank Limited | 1.82% | 2.34% |
| State Bank of India | 1.41% | 3.04% |
| Tata Consultancy Services Limited | 1.33% | 1.58% |
| Sun Pharmaceutical Industries Limited | 1.30% | 1.50% |
| Titan Co Limited | 1.29% | 1.43% |
| Eternal Limited | 1.22% | 1.76% |
| NTPC Limited | 1.12% | 1.17% |
| Maruti Suzuki India Limited | 1.11% | 1.18% |
| Tata Steel Limited | 1.10% | 1.16% |
| Bharat Electronics Limited | 1.07% | 1.07% |
| Hindustan Unilever Limited | 1.05% | 1.28% |
| Shriram Finance Limited | 1.10% | 1.04% |
| Hindalco Industries Limited | 0.97% | 1.03% |
| Divi's Laboratories Limited | 0.90% | 0.90% |
| Ultratech Cement Limited | 0.89% | 0.98% |
| Power Grid Corporation of India Limited | 0.87% | 0.91% |
| HCL Technologies Limited | 0.86% | 0.99% |
| Adani Ports and Special Economic Zone Limited | 0.83% | 1.07% |
| Eicher Motors Limited | 0.77% | 0.75% |
| Interglobe Aviation Limited | 0.75% | 0.85% |
| TVS Motor Co Limited | 0.78% | 0.73% |
| Asian Paints Limited | 0.73% | 0.83% |
| Grasim Industries Limited | 0.66% | 0.87% |
| Tech Mahindra Limited | 0.65% | 0.75% |
| Apollo Hospitals Enterprise Limited | 0.66% | 0.63% |
| Hindustan Aeronautics Limited | 0.63% | 0.66% |
| ITC Limited | 0.63% | 1.94% |
| Tata Motors Limited | 0.62% | 0.68% |
| JSW Steel Limited | 0.61% | 0.91% |
| Nestle India Limited | 0.60% | 0.71% |
| Adani Enterprises Limited | 0.59% | 0.75% |
| Bajaj Auto Limited | 0.59% | 0.88% |
| SBI Life Insurance Co Limited | 0.61% | 0.58% |
| Trent Limited | 0.56% | 0.66% |
| Samvardhana Motherson International Limited | 0.55% | 0.55% |
| Cholamandalam Investment and Finance Co Limited | 0.55% | 0.54% |
| Cipla Limited | 0.54% | 0.58% |
| Adani Power Limited | 0.53% | 0.66% |
| Bajaj Finserv Limited | 0.53% | 0.74% |
| Max Healthcare Institute Limited | 0.52% | 0.52% |
| Coal India Limited | 0.52% | 0.78% |
| Hero MotoCorp Limited | 0.51% | 0.51% |
| One 97 Communications Limited | 0.51% | 0.55% |
| Cummins India Limited | 0.50% | 0.49% |
| Dr. Reddy's Laboratories Limited | 0.49% | 0.57% |
| Indian Hotels Co Limited | 0.48% | 0.49% |
| Federal Bank Limited | 0.46% | 0.60% |
| Oil & Natural Gas Corporation Limited | 0.46% | 0.67% |
| Jio Financial Services Limited | 0.46% | 0.55% |
| Avenue Supermarts Limited | 0.44% | 0.48% |
| Varun Beverages Limited | 0.44% | 0.45% |
| AU Small Finance Bank Limited | 0.44% | 0.44% |
| CG Power and Industrial Solutions Limited | 0.43% | 0.44% |
| Tata Power Co Limited | 0.43% | 0.46% |
| Persistent Systems Limited | 0.43% | 0.44% |
| Tata Motors Passenger Vehicles Limited | 0.42% | 0.46% |
| IndusInd Bank Limited | 0.41% | 0.45% |
| Tata Consumer Products Limited | 0.41% | 0.47% |
| Britannia Industries Limited | 0.41% | 0.43% |
| HDFC Life Insurance Co Limited | 0.41% | 0.42% |
| Dixon Technologies (India) Limited | 0.40% | 0.42% |
| Bharat Petroleum Corporation Limited | 0.39% | 0.45% |
| Indus Towers Limited | 0.37% | 0.37% |
| Lupin Limited | 0.37% | 0.38% |
| HDFC Asset Management Co Limited | 0.35% | 0.35% |
| Power Finance Corporation Limited | 0.34% | 0.36% |
| Ashok Leyland Limited | 0.34% | 0.33% |
| DLF Limited | 0.33% | 0.33% |
| Pidilite Industries Limited | 0.33% | 0.34% |
| Info Edge (India) Limited | 0.33% | 0.36% |
| Suzlon Energy Limited | 0.32% | 0.36% |
| Marico Limited | 0.32% | 0.32% |
| GAIL (India) Limited | 0.31% | 0.35% |
| ICICI Lombard General Insurance Co Limited | 0.31% | 0.30% |
| United Spirits Limited | 0.31% | 0.30% |
| Indian Oil Corporation Limited | 0.30% | 0.38% |
| PB Fintech Limited | 0.30% | 0.29% |
| Wipro Limited | 0.29% | 0.32% |
| REC Limited | 0.28% | 0.28% |
| IDFC First Bank Limited | 0.27% | 0.41% |
| SRF Limited | 0.27% | 0.27% |
| Godrej Consumer Products Limited | 0.26% | 0.26% |
| Bajaj Holdings & Investment Limited | 0.25% | 0.35% |
| Yes Bank Limited | 0.25% | 0.28% |
| Punjab National Bank | 0.21% | 0.30% |
| Ltm Limited | 0.20% | 0.28% |
| Bank of Baroda | 0.19% | 0.33% |
| Shree Cement Limited | 0.17% | 0.22% |
| Canara Bank | 0.17% | 0.31% |
| Havells India Limited | 0.16% | 0.19% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 83.4% means 83.4% 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 DSP MSCI India ETF
| Security | % of fund |
|---|---|
| Laurus Labs Limited | 0.55% |
| Torrent Pharmaceuticals Limited | 0.54% |
| BSE Limited | 0.49% |
| Vedanta Aluminium Metal Limited | 0.45% |
| Ge Vernova T&D India Limited | 0.42% |
Largest holdings only in SBI BSE 100 ETF
| Security | % of fund |
|---|---|
| Coforge Ltd. | 0.46% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | DSP MSCI India ETF | SBI BSE 100 ETF |
|---|---|---|
| Equity | 99.5% | 100.0% |
| Debt | 0.0% | 0.0% |
| Cash and others | 0.5% | 0.0% |
Market cap of stocks
| Market cap | DSP MSCI India ETF | SBI BSE 100 ETF |
|---|---|---|
| Large Cap | 80.5% | 90.2% |
| Mid Cap | 19.0% | 9.7% |
| 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 MSCI India ETF | SBI BSE 100 ETF |
|---|---|---|
| Banks | 20.3% | 26.7% |
| IT - Software | 6.5% | 7.5% |
| Petroleum Products | 6.4% | 6.8% |
| Automobiles | 6.2% | 6.5% |
| Finance | 6.3% | 5.8% |
| Pharmaceuticals & Biotechnology | 5.6% | 3.9% |
| Telecom - Services | 4.7% | 4.5% |
The six largest sectors of each fund's stocks, % of the fund.
DSP MSCI India ETF vs SBI BSE 100 ETF: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | DSP MSCI India ETF | SBI BSE 100 ETF |
|---|---|---|
| Base expense ratio (Direct) | 0.11% | 0.00% |
| Total expense ratio (Regular) | Not available | 0.16% |
| Base expense ratio (Regular) | 0.00% | 0.12% |
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 MSCI India ETF vs SBI BSE 100 ETF: Frequently Asked Questions
What is the difference between DSP MSCI India ETF and SBI BSE 100 ETF?
DSP MSCI India ETF is a mutual fund, SBI BSE 100 ETF is a mutual fund, run by DSP Mutual Fund and SBI Mutual Fund. Their portfolios overlap 83.4%. DSP MSCI India ETF charges 0.16% a year and SBI BSE 100 ETF 0.16%.
Which has the lower expense ratio, DSP MSCI India ETF or SBI BSE 100 ETF?
Both charge 0.16% a year.
How much do DSP MSCI India ETF and SBI BSE 100 ETF overlap?
83.4%. They hold 99 of the same securities, the largest shared ones being HDFCBANK, ICICIBANK, RELIANCE. From each fund's latest monthly portfolio.
Can I invest in both DSP MSCI India ETF and SBI BSE 100 ETF?
Yes. 83.4% 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.