DSP Nifty 50 ETF vs Nippon India ETF Nifty 50 BeES
Direct Plan where a fund has one, Growth option · Data as on 30-10-2026
DSP Nifty 50 ETF is an ETF fund and Nippon India ETF Nifty 50 BeES is a mutual fund. In the 3 years to 30-10-2026, DSP Nifty 50 ETF returned 7.6% a year and Nippon India ETF Nifty 50 BeES (Direct) returned 7.6% a year. DSP Nifty 50 ETF charges 0.08% a year and Nippon India ETF Nifty 50 BeES 0.05%. Their portfolios overlap 99.9%: they hold 50 of the same securities.
Nippon India ETF Nifty 50 BeES
- 3 year return
- 7.6%
- Expense ratio
- 0.05%
- NAV
- ₹263.04
Which is better, DSP Nifty 50 ETF or Nippon India ETF Nifty 50 BeES? 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 ETF Nifty 50 BeES returned more over 3 years: 7.6% a year against 7.6%.
- DSP Nifty 50 ETF returned more over 1 year: −10.0% against −10.0%.
- Nippon India ETF Nifty 50 BeES costs less: 0.05% a year against 0.08%.
- DSP Nifty 50 ETF swung less over 3 years: a standard deviation of 13.2% a year against 13.2%.
- DSP Nifty 50 ETF fell less in its worst fall since 23-12-2021: −15.8% against −15.8%.
- Nippon India ETF Nifty 50 BeES is the larger fund: ₹65,179 Cr against ₹206 Cr.
- Their portfolios overlap 99.9%: 50 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 Nifty 50 ETF | Nippon India ETF Nifty 50 BeES |
|---|---|---|
| Fund house | DSP Mutual Fund | Nippon India Mutual Fund |
| Category | ETF | Not available |
| AUM | ₹206 Cr (30-09-2026) | ₹65,179 Cr (30-09-2026) |
| NAV | ₹243.30 | ₹263.04 (Direct) |
| Expense ratio (Direct) | Not available | 0.05% |
| Expense ratio (Regular) | Not available | Not available |
| Riskometer | Very High | Not available |
| Benchmark | Nifty 50 TRI | Not available |
| Launch date | 23-12-2021 | Not available |
| Minimum investment | ₹5,000 | Not available |
| Lock in | None | Not available |
| Fund managers | Anil Ghelani, Diipesh Shah, Neha Rathi | Not available |
| Exit load | Nil | Not available |
DSP Nifty 50 ETF vs Nippon India ETF Nifty 50 BeES: 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 Nifty 50 ETF | +1.95% | −4.99% | −3.12% | −9.99% | +7.57% | -- | -- |
| Nippon India ETF Nifty 50 BeES (Direct) | +1.95% | −5.02% | −3.14% | −10.02% | +7.58% | +6.65% | -- |
DSP Nifty 50 ETF vs Nippon India ETF Nifty 50 BeES: Year-wise Returns
| Year | DSP Nifty 50 ETFDSP Nifty 50 ETF | Nippon India ETF Nifty 50 BeESNippon India ETF Nifty 50 BeES | Nifty 50 TRI |
|---|---|---|---|
| 2026to date | −10.90% | −10.92% | −10.91% |
| 2025 | +11.83% | +11.84% | +11.88% |
| 2024 | +9.98% | +10.00% | +10.09% |
| 2023 | +21.26% | +21.27% | +21.30% |
| 2022 | +5.61% | +5.64% | +5.69% |
| 2021 | -- | +25.51% | +25.59% |
DSP Nifty 50 ETF vs Nippon India ETF Nifty 50 BeES: Rolling Returns
Every holding period of both funds, against Nifty 50 TRI, the benchmark of both
Rolling returns
Every 3-year holding period, 459 of them, one for each trading day from 23-12-2024 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 Nifty 50 ETF
Nippon India ETF Nifty 50 BeES (Direct)
Nifty 50 TRI
to
Feb 2025Jun 2022
to
Jun 2025Oct 2022
to
Oct 2025Jan 2023
to
Jan 2026May 2023
to
May 2026Sept 2023
to
Sept 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 Nifty 50 ETF | 0.0 | 0.0 | 25.5 | 60.3 | 14.2 | 0.0 | 0.0 | 12.2% | 12.6% | 5.3% | 19.0% | 0% |
| Nippon India ETF Nifty 50 BeES | 0.0 | 0.0 | 25.3 | 60.3 | 14.4 | 0.0 | 0.0 | 12.2% | 12.7% | 5.3% | 19.1% | 0% |
| Nifty 50 TRI | 0.0 | 0.0 | 24.8 | 60.6 | 14.6 | 0.0 | 0.0 | 12.3% | 12.7% | 5.4% | 19.1% | -- |
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 Nifty 50 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 23-12-2021. Past returns do not promise future returns.
DSP Nifty 50 ETF vs Nippon India ETF Nifty 50 BeES: 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 23-12-2021 to 30-10-2026: 59 instalments, ₹5,90,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| DSP Nifty 50 ETFDSP Nifty 50 ETF | ₹5,90,000 | ₹6,69,110 | ₹79,110 | 5.1% |
| Nippon India ETF Nifty 50 BeESNippon India ETF Nifty 50 BeES (Direct) | ₹5,90,000 | ₹6,69,087 | ₹79,087 | 5.1% |
DSP Nifty 50 ETFDSP Nifty 50 ETF
Nippon India ETF Nifty 50 BeESNippon India ETF Nifty 50 BeES (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 Nifty 50 ETF vs Nippon India ETF Nifty 50 BeES: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | DSP Nifty 50 ETF | Nippon India ETF Nifty 50 BeES (Direct) |
|---|---|---|
| Return (CAGR) | −9.99% | −10.02% |
| Standard deviation | 13.75% | 13.76% |
| Sharpe ratio | -1.11 | -1.11 |
| Sortino ratio | -1.48 | -1.48 |
| Maximum drawdown | −15.1% (31-03-2026) | −15.1% (31-03-2026) |
| Beta | 1.00 | 1.00 |
| Alpha | −0.01% | −0.03% |
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 Nifty 50 ETF | Nippon India ETF Nifty 50 BeES (Direct) |
|---|---|---|
| Return (CAGR) | +7.57% | +7.58% |
| Standard deviation | 13.23% | 13.24% |
| Sharpe ratio | 0.12 | 0.12 |
| Sortino ratio | 0.16 | 0.16 |
| Maximum drawdown | −15.4% (04-03-2025) | −15.4% (04-03-2025) |
| Beta | 1.00 | 1.00 |
| Alpha | −0.06% | −0.05% |
From daily NAVs, 30-10-2023 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 Nifty 50 ETF | Nippon India ETF Nifty 50 BeES (Direct) |
|---|---|---|
| Return (CAGR) | +7.57% | +11.76% |
| Standard deviation | 13.57% | 16.04% |
| Sharpe ratio | 0.13 | 0.40 |
| Sortino ratio | 0.17 | 0.54 |
| Maximum drawdown | −15.8% (17-06-2022) | −38.4% (23-03-2020) |
| Beta | 1.00 | 1.00 |
| Alpha | −0.07% | −0.09% |
From daily NAVs, 23-12-2021 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 Nifty 50 ETF
Nippon India ETF Nifty 50 BeES (Direct)
Nifty 50 TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| DSP Nifty 50 ETF | −15.8% | 17-01-2022 | 17-06-2022 | 01-11-2022 | 5 months | −11.6% |
| Nippon India ETF Nifty 50 BeES (Direct) | −15.8% | 17-01-2022 | 17-06-2022 | 01-11-2022 | 5 months | −11.6% |
| Nifty 50 TRI | −15.8% | 17-01-2022 | 17-06-2022 | 01-11-2022 | 5 months | −11.6% |
From daily values since 23-12-2021, 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 Nifty 50 ETF
Nippon India ETF Nifty 50 BeES (Direct)
Nifty 50 TRI
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 3-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
DSP Nifty 50 ETF
Nippon India ETF Nifty 50 BeES (Direct)
Nifty 50 TRI
Against Nifty 50 TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| DSP Nifty 50 ETF | 100% | 100% | 0.05% |
| Nippon India ETF Nifty 50 BeES (Direct) | 100% | 100% | 0.03% |
From month-end values since 23-12-2021. 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 Nifty 50 ETF vs Nippon India ETF Nifty 50 BeES: Portfolio Overlap
From each fund's latest monthly portfolio: DSP Nifty 50 ETF, September 2026; Nippon India ETF Nifty 50 BeES, September 2026
Holdings in common
- Overlap
- 99.9%
- Held by both
- 50
- Only in DSP Nifty 50 ETF
- 0
- Only in Nippon India ETF Nifty 50 BeES
- 0
| Security | % of DSP Nifty 50 ETF | % of Nippon India ETF Nifty 50 BeES |
|---|---|---|
| HDFC Bank Limited | 10.37% | 10.38% |
| ICICI Bank Limited | 9.04% | 9.05% |
| Reliance Industries Limited | 7.58% | 7.58% |
| Bharti Airtel Limited | 5.10% | 5.10% |
| Larsen & Toubro Limited | 4.20% | 4.20% |
| State Bank of India | 3.79% | 3.79% |
| Axis Bank Limited | 3.36% | 3.37% |
| Infosys Limited | 3.35% | 3.35% |
| Kotak Mahindra Bank Limited | 2.93% | 2.93% |
| Mahindra & Mahindra Limited | 2.52% | 2.52% |
| Bajaj Finance Limited | 2.50% | 2.50% |
| ITC Limited | 2.42% | 2.42% |
| Eternal Limited | 2.21% | 2.22% |
| Tata Consultancy Services Limited | 2.00% | 2.00% |
| Sun Pharmaceutical Industries Limited | 1.84% | 1.84% |
| Titan Co Limited | 1.81% | 1.81% |
| Hindustan Unilever Limited | 1.59% | 1.59% |
| Maruti Suzuki India Limited | 1.49% | 1.49% |
| NTPC Limited | 1.46% | 1.47% |
| Tata Steel Limited | 1.46% | 1.46% |
| Adani Ports and Special Economic Zone Limited | 1.35% | 1.35% |
| Bharat Electronics Limited | 1.33% | 1.33% |
| Shriram Finance Limited | 1.31% | 1.32% |
| Hindalco Industries Limited | 1.30% | 1.30% |
| HCL Technologies Limited | 1.24% | 1.24% |
| Ultratech Cement Limited | 1.24% | 1.24% |
| BSE Limited | 1.21% | 1.21% |
| JSW Steel Limited | 1.15% | 1.15% |
| Bajaj Auto Limited | 1.13% | 1.13% |
| Power Grid Corporation of India Limited | 1.13% | 1.13% |
| Grasim Industries Limited | 1.10% | 1.10% |
| Interglobe Aviation Limited | 1.08% | 1.08% |
| Asian Paints Limited | 1.04% | 1.04% |
| Coal India Limited | 0.97% | 0.97% |
| Bajaj Finserv Limited | 0.96% | 0.96% |
| Adani Enterprises Limited | 0.94% | 0.94% |
| Eicher Motors Limited | 0.94% | 0.94% |
| Tech Mahindra Limited | 0.92% | 0.92% |
| Nestle India Limited | 0.90% | 0.90% |
| Oil & Natural Gas Corporation Limited | 0.84% | 0.84% |
| Trent Limited | 0.83% | 0.83% |
| Apollo Hospitals Enterprise Limited | 0.80% | 0.80% |
| SBI Life Insurance Co Limited | 0.73% | 0.73% |
| Dr. Reddy's Laboratories Limited | 0.72% | 0.72% |
| Cipla Limited | 0.72% | 0.72% |
| Jio Financial Services Limited | 0.68% | 0.68% |
| Max Healthcare Institute Limited | 0.66% | 0.66% |
| Tata Consumer Products Limited | 0.59% | 0.59% |
| Tata Motors Passenger Vehicles Limited | 0.57% | 0.57% |
| HDFC Life Insurance Co Limited | 0.54% | 0.54% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 99.9% means 99.9% 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 Nifty 50 ETF
Every holding of this fund is also held by the other.
Largest holdings only in Nippon India ETF Nifty 50 BeES
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 Nifty 50 ETF | Nippon India ETF Nifty 50 BeES |
|---|---|---|
| Equity | 99.9% | 100.0% |
| Debt | 0.0% | 0.0% |
| Cash and others | 0.1% | 0.0% |
Market cap of stocks
| Market cap | DSP Nifty 50 ETF | Nippon India ETF Nifty 50 BeES |
|---|---|---|
| Large Cap | 98.6% | 98.6% |
| Mid Cap | 1.4% | 1.4% |
| 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 Nifty 50 ETF | Nippon India ETF Nifty 50 BeES |
|---|---|---|
| Banks | 29.5% | 29.5% |
| Petroleum Products | 7.6% | 7.6% |
| IT - Software | 7.5% | 7.5% |
| Automobiles | 6.7% | 6.7% |
| Finance | 5.5% | 5.5% |
| Telecom - Services | 5.1% | 5.1% |
The six largest sectors of each fund's stocks, % of the fund.
DSP Nifty 50 ETF vs Nippon India ETF Nifty 50 BeES: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | DSP Nifty 50 ETF | Nippon India ETF Nifty 50 BeES |
|---|---|---|
| Total expense ratio (Direct) | Not available | 0.05% |
| Base expense ratio (Direct) | 0.06% | 0.03% |
| Base expense ratio (Regular) | 0.00% | 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 Nifty 50 ETF vs Nippon India ETF Nifty 50 BeES: Frequently Asked Questions
What is the difference between DSP Nifty 50 ETF and Nippon India ETF Nifty 50 BeES?
DSP Nifty 50 ETF is an ETF fund, Nippon India ETF Nifty 50 BeES is a mutual fund, run by DSP Mutual Fund and Nippon India Mutual Fund. Their portfolios overlap 99.9%. DSP Nifty 50 ETF charges 0.08% a year and Nippon India ETF Nifty 50 BeES 0.05%.
Which has given higher returns, DSP Nifty 50 ETF or Nippon India ETF Nifty 50 BeES?
Over 1 year: DSP Nifty 50 ETF −9.99%, Nippon India ETF Nifty 50 BeES −10.02%. Over 3 years: DSP Nifty 50 ETF +7.57% a year, Nippon India ETF Nifty 50 BeES +7.58% a year. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, DSP Nifty 50 ETF or Nippon India ETF Nifty 50 BeES?
Nippon India ETF Nifty 50 BeES charges less: 0.05% a year against 0.08%. These are the total expense ratios reported to AMFI.
How much do DSP Nifty 50 ETF and Nippon India ETF Nifty 50 BeES overlap?
99.9%. They hold 50 of the same securities, the largest shared ones being HDFCBANK, ICICIBANK, RELIANCE. From each fund's latest monthly portfolio.
Which is better for SIP, DSP Nifty 50 ETF or Nippon India ETF Nifty 50 BeES?
Over the last 3 years, a monthly SIP of ₹10,000 from 03-10-2023 to 30-10-2026 grew to ₹3,69,198 in DSP Nifty 50 ETF (XIRR -0.1% a year) and ₹3,69,145 in Nippon India ETF Nifty 50 BeES (XIRR -0.1% a year). Both received 37 instalments. Past returns do not promise future returns.
Can I invest in both DSP Nifty 50 ETF and Nippon India ETF Nifty 50 BeES?
Yes. 99.9% 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.