Groww Nifty Private Bank ETF vs HDFC NIFTY Private Bank ETF
Direct Plan where a fund has one, Growth option · Data as on 30-10-2026
Groww Nifty Private Bank ETF is an ETF fund and HDFC NIFTY Private Bank ETF is an ETF fund. Groww Nifty Private Bank ETF charges 0.64% a year and HDFC NIFTY Private Bank ETF 0.17%. Their portfolios overlap 99.9%: they hold 10 of the same securities.
Which is better, Groww Nifty Private Bank ETF or HDFC NIFTY Private Bank ETF? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- HDFC NIFTY Private Bank ETF costs less: 0.17% a year against 0.64%.
- Groww Nifty Private Bank ETF fell less in its worst fall since 25-05-2026: −7.0% against −7.1%.
- HDFC NIFTY Private Bank ETF is the larger fund: ₹481 Cr against ₹7 Cr.
- Their portfolios overlap 99.9%: 10 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 Private Bank ETF | HDFC NIFTY Private Bank ETF |
|---|---|---|
| Fund house | Groww Mutual Fund | HDFC Mutual Fund |
| Category | ETF | ETF |
| AUM | ₹7 Cr (30-09-2026) | ₹481 Cr (30-09-2026) |
| NAV | ₹27.17 | ₹27.61 |
| Expense ratio (Direct) | Not available | Not available |
| Expense ratio (Regular) | Not available | Not available |
| Riskometer | Very High | Very High |
| Benchmark | Nifty Private Bank TRI | Nifty Private Bank TRI |
| Launch date | 22-05-2026 | 16-11-2022 |
| Minimum investment | 1 Unit | On an On-going Basis: A. On the Stock Exchange: Investors (including Market Makers and Large Investors) can subscribe (buy) Units on a continuous basis on the Stock Exchanges, in minimum lot of 1 (one) unit and in multiples thereof. B. Directly with the F |
| Lock in | None | None |
| Fund managers | Aakash Chauhan, Nikhil Satam, Shashi Kumar | Abhishek Mor, Arun Agarwal |
| Exit load | Nil | Not available |
Groww Nifty Private Bank ETF vs HDFC NIFTY Private Bank 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 Private Bank ETF | +1.32% | −1.50% | -- | -- | -- | -- | -- |
| HDFC NIFTY Private Bank ETF | +1.33% | −1.50% | +3.47% | −3.87% | +7.08% | -- | -- |
Groww Nifty Private Bank ETF vs HDFC NIFTY Private Bank ETF: Year-wise Returns
| Year | GrowwGroww Nifty Private Bank ETF | HDFCHDFC NIFTY Private Bank ETF | Nifty Private Bank TRI |
|---|---|---|---|
| 2026to date | -- | −5.37% | −5.24% |
| 2025 | -- | +16.37% | +16.55% |
| 2024 | -- | +0.17% | +0.41% |
| 2023 | -- | +14.46% | +14.63% |
Groww Nifty Private Bank ETF vs HDFC NIFTY Private Bank ETF: Rolling Returns
Every holding period of both funds, against Nifty Private Bank TRI, the benchmark of both
Groww Nifty Private Bank ETF vs HDFC NIFTY Private Bank ETF: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Groww Nifty Private Bank ETF | HDFC NIFTY Private Bank ETF |
|---|---|---|
| Return (CAGR) | +2.27% | +6.34% |
| Standard deviation | 14.35% | 15.19% |
| Sharpe ratio | -0.21 | 0.01 |
| Sortino ratio | -0.30 | 0.01 |
| Maximum drawdown | −7.0% (29-09-2026) | −17.3% (31-03-2026) |
| Beta | 1.00 | 1.00 |
| Alpha | −0.24% | −0.19% |
From daily NAVs, 25-05-2026 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 Private Bank ETF
HDFC NIFTY Private Bank ETF
Nifty Private Bank TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Groww Nifty Private Bank ETF | −7.0% | 17-07-2026 | 29-09-2026 | Not yet | -- | −4.9% |
| HDFC NIFTY Private Bank ETF | −7.1% | 17-07-2026 | 29-09-2026 | Not yet | -- | −4.9% |
| Nifty Private Bank TRI | −7.0% | 17-07-2026 | 29-09-2026 | Not yet | -- | −4.9% |
From daily values since 25-05-2026, the first day every fund has.
Groww Nifty Private Bank ETF vs HDFC NIFTY Private Bank ETF: Portfolio Overlap
From each fund's latest monthly portfolio: Groww Nifty Private Bank ETF, September 2026; HDFC NIFTY Private Bank ETF, September 2026
Holdings in common
- Overlap
- 99.9%
- Held by both
- 10
- Only in Groww Nifty Private Bank ETF
- 0
- Only in HDFC NIFTY Private Bank ETF
- 0
| Security | % of Groww Nifty Private Bank ETF | % of HDFC NIFTY Private Bank ETF |
|---|---|---|
| ICICI Bank Limited | 21.52% | 21.53% |
| HDFC Bank Limited | 20.81% | 20.83% |
| Kotak Mahindra Bank Limited | 19.83% | 19.84% |
| Axis Bank Limited | 19.27% | 19.28% |
| The Federal Bank Limited | 5.35% | 5.35% |
| IndusInd Bank Limited | 4.05% | 4.06% |
| IDFC First Bank Limited | 3.69% | 3.69% |
| Yes Bank Ltd | 2.51% | 2.51% |
| RBL Bank Limited | 1.70% | 1.71% |
| Bandhan Bank Limited | 1.20% | 1.20% |
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 Groww Nifty Private Bank ETF
Every holding of this fund is also held by the other.
Largest holdings only in HDFC NIFTY Private Bank 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 | Groww Nifty Private Bank ETF | HDFC NIFTY Private Bank ETF |
|---|---|---|
| Equity | 99.9% | 100.0% |
| Debt | 0.0% | 0.0% |
| Cash and others | 0.1% | 0.0% |
Market cap of stocks
| Market cap | Groww Nifty Private Bank ETF | HDFC NIFTY Private Bank ETF |
|---|---|---|
| Large Cap | 81.4% | 81.5% |
| Mid Cap | 15.6% | 15.6% |
| Small Cap | 2.9% | 2.9% |
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 Private Bank ETF | HDFC NIFTY Private Bank ETF |
|---|---|---|
| Banks | 99.9% | 100.0% |
The six largest sectors of each fund's stocks, % of the fund.
Groww Nifty Private Bank ETF vs HDFC NIFTY Private Bank ETF: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Groww Nifty Private Bank ETF | HDFC NIFTY Private Bank ETF |
|---|---|---|
| Base expense ratio (Direct) | 0.25% | 0.00% |
| Base expense ratio (Regular) | 0.00% | 0.13% |
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 Private Bank ETF vs HDFC NIFTY Private Bank ETF: Frequently Asked Questions
What is the difference between Groww Nifty Private Bank ETF and HDFC NIFTY Private Bank ETF?
Groww Nifty Private Bank ETF is an ETF fund, HDFC NIFTY Private Bank ETF is an ETF fund, run by Groww Mutual Fund and HDFC Mutual Fund. Their portfolios overlap 99.9%. Groww Nifty Private Bank ETF charges 0.64% a year and HDFC NIFTY Private Bank ETF 0.17%.
Which has the lower expense ratio, Groww Nifty Private Bank ETF or HDFC NIFTY Private Bank ETF?
HDFC NIFTY Private Bank ETF charges less: 0.17% a year against 0.64%. These are the total expense ratios reported to AMFI.
How much do Groww Nifty Private Bank ETF and HDFC NIFTY Private Bank ETF overlap?
99.9%. They hold 10 of the same securities, the largest shared ones being ICICIBANK, HDFCBANK, KOTAKBANK. From each fund's latest monthly portfolio.
Which is riskier, Groww Nifty Private Bank ETF or HDFC NIFTY Private Bank ETF?
On SEBI's riskometer, Groww Nifty Private Bank ETF is rated Very High and HDFC NIFTY Private Bank ETF Very High. Over their common history, the standard deviation of daily returns was 14.35% and 15.19% a year.
Can I invest in both Groww Nifty Private Bank ETF and HDFC NIFTY Private Bank ETF?
Yes. 99.9% of each fund's money sits in the same holdings, so a large part of the two investments would move together.
Who manages Groww Nifty Private Bank ETF and HDFC NIFTY Private Bank ETF?
Groww Nifty Private Bank ETF: Aakash Chauhan, Nikhil Satam, Shashi Kumar. HDFC NIFTY Private Bank ETF: Abhishek Mor, Arun Agarwal.
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.