Groww Nifty PSE ETF vs Motilal Oswal Nifty PSE 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 Motilal Oswal Nifty PSE ETF is an ETF fund. Groww Nifty PSE ETF charges 0.56% a year and Motilal Oswal Nifty PSE ETF 0.73%. Their portfolios overlap 99.6%: they hold 20 of the same securities.
Which is better, Groww Nifty PSE ETF or Motilal Oswal Nifty PSE ETF? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Groww Nifty PSE ETF costs less: 0.56% a year against 0.73%.
- Motilal Oswal Nifty PSE ETF fell less in its worst fall since 10-02-2026: −17.0% against −17.0%.
- Groww Nifty PSE ETF is the larger fund: ₹17 Cr against ₹2 Cr.
- Their portfolios overlap 99.6%: 20 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 | Motilal Oswal Nifty PSE ETF |
|---|---|---|
| Fund house | Groww Mutual Fund | Motilal Oswal Mutual Fund |
| Category | ETF | ETF |
| AUM | ₹17 Cr (30-09-2026) | ₹2 Cr (30-09-2026) |
| NAV | ₹91.55 | ₹92.68 |
| Expense ratio (Direct) | Not available | Not available |
| Expense ratio (Regular) | Not available | Not available |
| Riskometer | Very High | Very High |
| Benchmark | Nifty PSE TRI | Nifty PSE TRI |
| Launch date | 09-02-2026 | 02-06-2025 |
| Minimum investment | ₹500 | Ongoing Basis: On Exchange: Investors can buy/sell units of the Scheme in round lots of 1 unit and in multiples thereof. Directly with the Mutual Fund: For Eligible investors: Transactions must be in multiple of unit creation size and the execution value |
| Lock in | None | None |
| Fund managers | Aakash Chauhan, Nikhil Satam, Shashi Kumar | Swapnil Mayekar, Dishant Mehta, Rakesh Shetty |
| Exit load | Nil | Nil |
Groww Nifty PSE ETF vs Motilal Oswal Nifty PSE 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% | -- | -- | -- | -- |
| Motilal Oswal Nifty PSE ETF | −2.99% | −7.63% | −14.12% | −8.39% | -- | -- | -- |
Groww Nifty PSE ETF vs Motilal Oswal Nifty PSE ETF: Year-wise Returns
| Year | GrowwGroww Nifty PSE ETF | Motilal OswalMotilal Oswal Nifty PSE ETF | Nifty PSE TRI |
|---|---|---|---|
| 2026to date | -- | −6.84% | −6.44% |
Groww Nifty PSE ETF vs Motilal Oswal Nifty PSE ETF: Rolling Returns
Every holding period of both funds, against Nifty PSE TRI, the benchmark of both
Groww Nifty PSE ETF vs Motilal Oswal Nifty PSE 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 | Motilal Oswal Nifty PSE ETF |
|---|---|---|
| Return (CAGR) | −16.29% | −4.53% |
| Standard deviation | 14.42% | 14.59% |
| Sharpe ratio | -1.49 | -0.67 |
| Sortino ratio | -1.83 | -0.90 |
| Maximum drawdown | −17.0% (23-10-2026) | −17.0% (23-10-2026) |
| Beta | 1.00 | 0.99 |
| Alpha | −0.48% | −0.54% |
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
Motilal Oswal Nifty PSE 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% |
| Motilal Oswal Nifty PSE ETF | −17.0% | 28-04-2026 | 23-10-2026 | Not yet | -- | −15.2% |
| 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 Motilal Oswal Nifty PSE ETF: Portfolio Overlap
From each fund's latest monthly portfolio: Groww Nifty PSE ETF, September 2026; Motilal Oswal Nifty PSE ETF, September 2026
Holdings in common
- Overlap
- 99.6%
- Held by both
- 20
- Only in Groww Nifty PSE ETF
- 0
- Only in Motilal Oswal Nifty PSE ETF
- 0
| Security | % of Groww Nifty PSE ETF | % of Motilal Oswal Nifty PSE ETF |
|---|---|---|
| NTPC Limited | 12.86% | 12.81% |
| Bharat Electronics Limited | 11.66% | 11.62% |
| Power Grid Corporation of India Limited | 9.89% | 9.85% |
| Coal India Limited | 8.54% | 8.50% |
| Hindustan Aeronautics Limited | 7.42% | 7.39% |
| Oil & Natural Gas Corporation Limited | 7.35% | 7.33% |
| Bharat Petroleum Corporation Limited | 5.10% | 5.08% |
| Bharat Heavy Electricals Limited | 5.08% | 5.06% |
| Indian Oil Corporation Limited | 4.23% | 4.21% |
| Power Finance Corporation Limited | 3.97% | 3.96% |
| GAIL (India) Limited | 3.86% | 3.84% |
| REC Limited | 3.13% | 3.12% |
| Hindustan Petroleum Corporation Limited | 2.82% | 2.81% |
| National Aluminium Company Limited | 2.56% | 2.55% |
| NHPC Limited | 2.30% | 2.29% |
| NMDC Limited | 2.22% | 2.21% |
| Steel Authority of India Limited | 2.20% | 2.19% |
| Oil India Limited | 2.05% | 2.04% |
| Indian Railway Finance Corporation Ltd | 1.49% | 1.48% |
| Container Corporation of India Limited | 1.30% | 1.29% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 99.6% means 99.6% 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
Every holding of this fund is also held by the other.
Largest holdings only in Motilal Oswal Nifty PSE 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 PSE ETF | Motilal Oswal Nifty PSE ETF |
|---|---|---|
| Equity | 100.0% | 99.6% |
| Debt | 0.0% | 0.0% |
| Cash and others | -0.0% | 0.4% |
Market cap of stocks
| Market cap | Groww Nifty PSE ETF | Motilal Oswal Nifty PSE ETF |
|---|---|---|
| Large Cap | 81.5% | 81.1% |
| Mid Cap | 18.6% | 18.5% |
| 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 | Groww Nifty PSE ETF | Motilal Oswal Nifty PSE ETF |
|---|---|---|
| Power | 25.1% | 24.9% |
| Aerospace & Defense | 19.1% | 19.0% |
| Petroleum Products | 12.2% | 12.1% |
| Oil | 9.4% | 9.4% |
| Finance | 8.6% | 8.6% |
| Consumable Fuels | 8.5% | 8.5% |
The six largest sectors of each fund's stocks, % of the fund.
Groww Nifty PSE ETF vs Motilal Oswal Nifty PSE ETF: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Groww Nifty PSE ETF | Motilal Oswal Nifty PSE ETF |
|---|---|---|
| Base expense ratio (Direct) | 0.45% | 0.00% |
| Base expense ratio (Regular) | 0.00% | 0.45% |
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 Motilal Oswal Nifty PSE ETF: Frequently Asked Questions
What is the difference between Groww Nifty PSE ETF and Motilal Oswal Nifty PSE ETF?
Groww Nifty PSE ETF is an ETF fund, Motilal Oswal Nifty PSE ETF is an ETF fund, run by Groww Mutual Fund and Motilal Oswal Mutual Fund. Their portfolios overlap 99.6%. Groww Nifty PSE ETF charges 0.56% a year and Motilal Oswal Nifty PSE ETF 0.73%.
Which has the lower expense ratio, Groww Nifty PSE ETF or Motilal Oswal Nifty PSE ETF?
Groww Nifty PSE ETF charges less: 0.56% a year against 0.73%. These are the total expense ratios reported to AMFI.
How much do Groww Nifty PSE ETF and Motilal Oswal Nifty PSE ETF overlap?
99.6%. They hold 20 of the same securities, the largest shared ones being NTPC, BEL, POWERGRID. From each fund's latest monthly portfolio.
Which is riskier, Groww Nifty PSE ETF or Motilal Oswal Nifty PSE ETF?
On SEBI's riskometer, Groww Nifty PSE ETF is rated Very High and Motilal Oswal Nifty PSE ETF Very High. Over their common history, the standard deviation of daily returns was 14.42% and 14.59% a year.
Can I invest in both Groww Nifty PSE ETF and Motilal Oswal Nifty PSE ETF?
Yes. 99.6% 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 PSE ETF and Motilal Oswal Nifty PSE ETF?
Groww Nifty PSE ETF: Aakash Chauhan, Nikhil Satam, Shashi Kumar. Motilal Oswal Nifty PSE ETF: Swapnil Mayekar, Dishant Mehta, Rakesh Shetty.
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.