Groww Nifty PSE ETF vs Mirae Asset BSE 500 Dividend Leaders 50 ETF
Direct Plan where a fund has one, Growth option · Data as on 30-10-2026
Groww Nifty PSE ETF is an ETF fund and Mirae Asset BSE 500 Dividend Leaders 50 ETF is a mutual fund. Groww Nifty PSE ETF charges 0.56% a year and Mirae Asset BSE 500 Dividend Leaders 50 ETF 0.48%. Their portfolios overlap 44.5%: they hold 14 of the same securities.
Mirae Asset BSE 500 Dividend Leaders 50 ETF
- Expense ratio
- 0.48%
- NAV
- ₹34.12
Which is better, Groww Nifty PSE ETF or Mirae Asset BSE 500 Dividend Leaders 50 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 BSE 500 Dividend Leaders 50 ETF costs less: 0.48% a year against 0.56%.
- Mirae Asset BSE 500 Dividend Leaders 50 ETF fell less in its worst fall since 10-02-2026: −12.3% against −17.0%.
- Groww Nifty PSE ETF holds more in large companies: 81.5% of the fund in large caps against 62.5%.
- Groww Nifty PSE ETF is the larger fund: ₹17 Cr against ₹15 Cr.
- Their portfolios overlap 44.5%: 14 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 PSE ETF | Mirae Asset BSE 500 Dividend Leaders 50 ETF |
|---|---|---|
| Fund house | Groww Mutual Fund | Mirae Asset Mutual Fund |
| Category | ETF | Not available |
| AUM | ₹17 Cr (30-09-2026) | ₹15 Cr (30-09-2026) |
| NAV | ₹91.55 | ₹34.12 |
| Expense ratio (Direct) | Not available | Not available |
| Expense ratio (Regular) | Not available | Not available |
| Riskometer | Very High | Not available |
| Benchmark | Nifty PSE TRI | Not available |
| Launch date | 09-02-2026 | Not available |
| Minimum investment | ₹500 | Not available |
| Lock in | None | Not available |
| Fund managers | Aakash Chauhan, Nikhil Satam, Shashi Kumar | Not available |
| Exit load | Nil | Not available |
Groww Nifty PSE ETF vs Mirae Asset BSE 500 Dividend Leaders 50 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 PSE ETF | −3.00% | −7.65% | −14.15% | -- | -- | -- | -- |
| Mirae Asset BSE 500 Dividend Leaders 50 ETF | +0.33% | −5.37% | −7.34% | -- | -- | -- | -- |
Groww Nifty PSE ETF vs Mirae Asset BSE 500 Dividend Leaders 50 ETF: Year-wise Returns
| Year | Groww Nifty PSEGroww Nifty PSE ETF | Mirae Asset BSE 500 Dividend Leaders 50Mirae Asset BSE 500 Dividend Leaders 50 ETF |
|---|---|---|
| 2026to date | -- | −6.19% |
Groww Nifty PSE ETF vs Mirae Asset BSE 500 Dividend Leaders 50 ETF: Rolling Returns
Every holding period of both funds, against Nifty PSE TRI, the benchmark of Groww Nifty PSE ETF
Groww Nifty PSE ETF vs Mirae Asset BSE 500 Dividend Leaders 50 ETF: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Groww Nifty PSE ETF | Mirae Asset BSE 500 Dividend Leaders 50 ETF |
|---|---|---|
| Return (CAGR) | −16.29% | −3.90% |
| Standard deviation | 14.42% | 15.09% |
| Sharpe ratio | -1.49 | -0.60 |
| Sortino ratio | -1.83 | -0.79 |
| Maximum drawdown | −17.0% (23-10-2026) | −13.0% (08-10-2026) |
| Beta | 1.00 | 1.00 |
| Alpha | −0.48% | −0.29% |
From daily NAVs, 10-02-2026 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 PSE ETF
Mirae Asset BSE 500 Dividend Leaders 50 ETF
Nifty PSE TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Groww Nifty PSE ETF | −17.0% | 28-04-2026 | 23-10-2026 | Not yet | -- | −15.2% |
| Mirae Asset BSE 500 Dividend Leaders 50 ETF | −12.3% | 10-02-2026 | 08-10-2026 | Not yet | -- | −8.9% |
| Nifty PSE TRI | −16.8% | 28-04-2026 | 23-10-2026 | Not yet | -- | −15.0% |
From daily values since 10-02-2026, the first day every fund has.
Groww Nifty PSE ETF vs Mirae Asset BSE 500 Dividend Leaders 50 ETF: Portfolio Overlap
From each fund's latest monthly portfolio: Groww Nifty PSE ETF, September 2026; Mirae Asset BSE 500 Dividend Leaders 50 ETF, September 2026
Holdings in common
- Overlap
- 44.5%
- Held by both
- 14
- Only in Groww Nifty PSE ETF
- 6
- Only in Mirae Asset BSE 500 Dividend Leaders 50 ETF
- 36
| Security | % of Groww Nifty PSE ETF | % of Mirae Asset BSE 500 Dividend Leaders 50 ETF |
|---|---|---|
| Bharat Petroleum Corporation Limited | 5.10% | 4.11% |
| Coal India Limited | 8.54% | 4.05% |
| Power Grid Corporation of India Limited | 9.89% | 4.03% |
| NTPC Limited | 12.86% | 3.98% |
| Oil & Natural Gas Corporation Limited | 7.35% | 3.97% |
| GAIL (India) Limited | 3.86% | 4.02% |
| Power Finance Corporation Limited | 3.97% | 3.83% |
| Indian Oil Corporation Limited | 4.23% | 3.52% |
| REC Limited | 3.13% | 3.91% |
| National Aluminium Company Limited | 2.56% | 3.04% |
| NMDC Limited | 2.22% | 2.58% |
| Hindustan Petroleum Corporation Limited | 2.82% | 1.86% |
| Oil India Limited | 2.05% | 1.80% |
| NHPC Limited | 2.30% | 1.57% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 44.5% means 44.5% 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 PSE ETF
| Security | % of fund |
|---|---|
| Bharat Electronics Limited | 11.66% |
| Hindustan Aeronautics Limited | 7.42% |
| Bharat Heavy Electricals Limited | 5.08% |
| Steel Authority of India Limited | 2.20% |
| Indian Railway Finance Corporation Ltd | 1.49% |
Largest holdings only in Mirae Asset BSE 500 Dividend Leaders 50 ETF
| Security | % of fund |
|---|---|
| Tech Mahindra Ltd. | 4.20% |
| ITC Ltd. | 4.16% |
| HCL Technologies Ltd. | 4.13% |
| Hero MotoCorp Ltd. | 4.12% |
| Tata Steel Ltd. | 4.04% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Groww Nifty PSE ETF | Mirae Asset BSE 500 Dividend Leaders 50 ETF |
|---|---|---|
| Equity | 100.0% | 100.0% |
| Debt | 0.0% | 0.0% |
| Cash and others | -0.0% | 0.0% |
Market cap of stocks
| Market cap | Groww Nifty PSE ETF | Mirae Asset BSE 500 Dividend Leaders 50 ETF |
|---|---|---|
| Large Cap | 81.5% | 62.5% |
| Mid Cap | 18.6% | 26.1% |
| Small Cap | 0.0% | 11.3% |
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 PSE ETF | Mirae Asset BSE 500 Dividend Leaders 50 ETF |
|---|---|---|
| Power | 25.1% | 10.8% |
| IT - Software | 0.0% | 22.7% |
| Aerospace & Defense | 19.1% | 0.0% |
| Petroleum Products | 12.2% | 10.8% |
| Oil | 9.4% | 5.8% |
| Finance | 8.6% | 8.6% |
| Consumable Fuels | 8.5% | 4.0% |
| Gas | 3.9% | 6.8% |
| Non - Ferrous Metals | 2.6% | 6.5% |
The six largest sectors of each fund's stocks, % of the fund.
Groww Nifty PSE ETF vs Mirae Asset BSE 500 Dividend Leaders 50 ETF: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Groww Nifty PSE ETF | Mirae Asset BSE 500 Dividend Leaders 50 ETF |
|---|---|---|
| Base expense ratio (Direct) | 0.45% | 0.00% |
| Base expense ratio (Regular) | 0.00% | 0.23% |
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 PSE ETF vs Mirae Asset BSE 500 Dividend Leaders 50 ETF: Frequently Asked Questions
What is the difference between Groww Nifty PSE ETF and Mirae Asset BSE 500 Dividend Leaders 50 ETF?
Groww Nifty PSE ETF is an ETF fund, Mirae Asset BSE 500 Dividend Leaders 50 ETF is a mutual fund, run by Groww Mutual Fund and Mirae Asset Mutual Fund. Their portfolios overlap 44.5%. Groww Nifty PSE ETF charges 0.56% a year and Mirae Asset BSE 500 Dividend Leaders 50 ETF 0.48%.
Which has the lower expense ratio, Groww Nifty PSE ETF or Mirae Asset BSE 500 Dividend Leaders 50 ETF?
Mirae Asset BSE 500 Dividend Leaders 50 ETF charges less: 0.48% a year against 0.56%. These are the total expense ratios reported to AMFI.
How much do Groww Nifty PSE ETF and Mirae Asset BSE 500 Dividend Leaders 50 ETF overlap?
44.5%. They hold 14 of the same securities, the largest shared ones being BPCL, COALINDIA, POWERGRID. From each fund's latest monthly portfolio.
Can I invest in both Groww Nifty PSE ETF and Mirae Asset BSE 500 Dividend Leaders 50 ETF?
Yes. 44.5% 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.