Groww Nifty Cements ETF vs Mirae Asset Nifty India Infrastructure & Logistics ETF
Direct Plan where a fund has one, Growth option · Data as on 30-10-2026
Groww Nifty Cements ETF is an ETF fund and Mirae Asset Nifty India Infrastructure & Logistics ETF is an ETF fund. Groww Nifty Cements ETF charges 1.12% a year and Mirae Asset Nifty India Infrastructure & Logistics ETF 0.37%. Their portfolios overlap 10.9%: they hold 8 of the same securities.
Mirae Asset Nifty India Infrastructure & Logistics ETF
ETF
- Expense ratio
- 0.37%
- NAV
- ₹11.15
Which is better, Groww Nifty Cements ETF or Mirae Asset Nifty India Infrastructure & Logistics ETF? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Mirae Asset Nifty India Infrastructure & Logistics ETF costs less: 0.37% a year against 1.12%.
- Mirae Asset Nifty India Infrastructure & Logistics ETF fell less in its worst fall since 27-07-2026: −12.0% against −15.6%.
- Mirae Asset Nifty India Infrastructure & Logistics ETF holds more in large companies: 66.0% of the fund in large caps against 44.3%.
- Mirae Asset Nifty India Infrastructure & Logistics ETF is the larger fund: ₹11 Cr against ₹9 Cr.
- Their portfolios overlap 10.9%: 8 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 | Groww Nifty Cements ETF | Mirae Asset Nifty India Infrastructure & Logistics ETF |
|---|---|---|
| Fund house | Groww Mutual Fund | Mirae Asset Mutual Fund |
| Category | ETF | ETF |
| AUM | ₹9 Cr (30-09-2026) | ₹11 Cr (30-09-2026) |
| NAV | ₹13.19 | ₹11.15 |
| Expense ratio (Direct) | Not available | Not available |
| Expense ratio (Regular) | Not available | Not available |
| Riskometer | Very High | Very High |
| Benchmark | Nifty Cement TRI | Nifty India Infrastructure & Logistics TRI |
| Launch date | 24-07-2026 | 12-02-2026 |
| Minimum investment | 1 Unit | On exchange in multiple of 1 unit. With AMC: In multiples of 5,000 units |
| Lock in | None | None |
| Fund managers | Aakash Chauhan, Nikhil Satam, Shashi Kumar | Ekta Gala, amp, Vishal Singh |
| Exit load | Nil | NIL |
Groww Nifty Cements ETF vs Mirae Asset Nifty India Infrastructure & Logistics 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 |
|---|---|---|---|---|---|---|---|
| Groww Nifty Cements ETF | −4.85% | −13.62% | -- | -- | -- | -- | -- |
| Mirae Asset Nifty India Infrastructure & Logistics ETF | −3.12% | −7.16% | −6.63% | -- | -- | -- | -- |
Groww Nifty Cements ETF vs Mirae Asset Nifty India Infrastructure & Logistics ETF: Rolling Returns
Every holding period of both funds, against Nifty Cement TRI, the benchmark of Groww Nifty Cements ETF
Groww Nifty Cements ETF vs Mirae Asset Nifty India Infrastructure & Logistics ETF: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Groww Nifty Cements ETF | Mirae Asset Nifty India Infrastructure & Logistics ETF |
|---|---|---|
| Return (CAGR) | −44.27% | −2.64% |
| Standard deviation | 17.17% | 18.87% |
| Sharpe ratio | -2.88 | -0.42 |
| Sortino ratio | -3.56 | -0.56 |
| Maximum drawdown | −15.6% (08-10-2026) | −13.6% (23-10-2026) |
| Beta | 1.00 | 1.00 |
| Alpha | −0.36% | −0.26% |
From daily NAVs, 27-07-2026 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.
Groww Nifty Cements ETF
Mirae Asset Nifty India Infrastructure & Logistics ETF
Nifty Cement TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Groww Nifty Cements ETF | −15.6% | 03-08-2026 | 08-10-2026 | Not yet | -- | −15.5% |
| Mirae Asset Nifty India Infrastructure & Logistics ETF | −12.0% | 03-08-2026 | 23-10-2026 | Not yet | -- | −9.3% |
| Nifty Cement TRI | −15.5% | 03-08-2026 | 08-10-2026 | Not yet | -- | −15.4% |
From daily values since 27-07-2026, the first day every fund has.
Groww Nifty Cements ETF vs Mirae Asset Nifty India Infrastructure & Logistics ETF: Portfolio Overlap
From each fund's latest monthly portfolio: Groww Nifty Cements ETF, September 2026; Mirae Asset Nifty India Infrastructure & Logistics ETF, September 2026
Holdings in common
- Overlap
- 10.9%
- Held by both
- 8
- Only in Groww Nifty Cements ETF
- 4
- Only in Mirae Asset Nifty India Infrastructure & Logistics ETF
- 92
| Security | % of Groww Nifty Cements ETF | % of Mirae Asset Nifty India Infrastructure & Logistics ETF |
|---|---|---|
| UltraTech Cement Limited | 14.96% | 4.03% |
| Grasim Industries Limited | 14.63% | 3.59% |
| Shree Cement Limited | 15.11% | 0.91% |
| Ambuja Cements Limited | 14.73% | 0.73% |
| JK Cement Limited | 13.42% | 0.66% |
| Dalmia Bharat Limited | 8.46% | 0.42% |
| The Ramco Cements Limited | 6.75% | 0.33% |
| ACC Limited | 4.56% | 0.22% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 10.9% means 10.9% 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 Groww Nifty Cements ETF
| Security | % of fund |
|---|---|
| JSW Cement Limited | 2.32% |
| Nuvoco Vistas Corporation Limited | 2.14% |
| Birla Corporation Limited | 1.51% |
| INDIA CEMENTS LTD | 1.31% |
Largest holdings only in Mirae Asset Nifty India Infrastructure & Logistics ETF
| Security | % of fund |
|---|---|
| Bharti Airtel Ltd. | 5.01% |
| Larsen & Toubro Ltd. | 4.93% |
| NTPC Ltd. | 4.77% |
| Adani Ports and Special Economic Zone Ltd. | 4.38% |
| Bharat Electronics Ltd. | 4.33% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Groww Nifty Cements ETF | Mirae Asset Nifty India Infrastructure & Logistics ETF |
|---|---|---|
| Equity | 99.9% | 99.8% |
| Debt | 0.0% | 0.0% |
| Cash and others | 0.1% | 0.2% |
Market cap of stocks
| Market cap | Groww Nifty Cements ETF | Mirae Asset Nifty India Infrastructure & Logistics ETF |
|---|---|---|
| Large Cap | 44.3% | 66.0% |
| Mid Cap | 37.0% | 21.0% |
| Small Cap | 18.6% | 12.2% |
| Not on AMFI's list | 0.0% | 0.6% |
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 | Groww Nifty Cements ETF | Mirae Asset Nifty India Infrastructure & Logistics ETF |
|---|---|---|
| Cement & Cement Products | 99.9% | 10.9% |
| Power | 0.0% | 19.9% |
| Electrical Equipment | 0.0% | 13.0% |
| Telecom - Services | 0.0% | 9.2% |
| Aerospace & Defense | 0.0% | 8.2% |
| Construction | 0.0% | 7.2% |
The six largest sectors of each fund's stocks, % of the fund.
Groww Nifty Cements ETF vs Mirae Asset Nifty India Infrastructure & Logistics ETF: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Groww Nifty Cements ETF | Mirae Asset Nifty India Infrastructure & Logistics ETF |
|---|---|---|
| Base expense ratio (Direct) | 0.40% | 0.00% |
| Base expense ratio (Regular) | 0.00% | 0.22% |
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.
Groww Nifty Cements ETF vs Mirae Asset Nifty India Infrastructure & Logistics ETF: Frequently Asked Questions
What is the difference between Groww Nifty Cements ETF and Mirae Asset Nifty India Infrastructure & Logistics ETF?
Groww Nifty Cements ETF is an ETF fund, Mirae Asset Nifty India Infrastructure & Logistics ETF is an ETF fund, run by Groww Mutual Fund and Mirae Asset Mutual Fund. Their portfolios overlap 10.9%. Groww Nifty Cements ETF charges 1.12% a year and Mirae Asset Nifty India Infrastructure & Logistics ETF 0.37%.
Which has the lower expense ratio, Groww Nifty Cements ETF or Mirae Asset Nifty India Infrastructure & Logistics ETF?
Mirae Asset Nifty India Infrastructure & Logistics ETF charges less: 0.37% a year against 1.12%. These are the total expense ratios reported to AMFI.
How much do Groww Nifty Cements ETF and Mirae Asset Nifty India Infrastructure & Logistics ETF overlap?
10.9%. They hold 8 of the same securities, the largest shared ones being ULTRACEMCO, GRASIM, SHREECEM. From each fund's latest monthly portfolio.
Which is riskier, Groww Nifty Cements ETF or Mirae Asset Nifty India Infrastructure & Logistics ETF?
On SEBI's riskometer, Groww Nifty Cements ETF is rated Very High and Mirae Asset Nifty India Infrastructure & Logistics ETF Very High. Over their common history, the standard deviation of daily returns was 17.17% and 18.87% a year.
Can I invest in both Groww Nifty Cements ETF and Mirae Asset Nifty India Infrastructure & Logistics ETF?
Yes. 10.9% of each fund's money sits in the same holdings, so some of the two investments would move together.
Who manages Groww Nifty Cements ETF and Mirae Asset Nifty India Infrastructure & Logistics ETF?
Groww Nifty Cements ETF: Aakash Chauhan, Nikhil Satam, Shashi Kumar. Mirae Asset Nifty India Infrastructure & Logistics ETF: Ekta Gala, amp, Vishal Singh.
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.