HDFC BSE 500 Index Fund vs Motilal Oswal Nifty 500 ETF
Direct Plan where a fund has one, Growth option · Data as on 30-10-2026
HDFC BSE 500 Index Fund is an Index fund and Motilal Oswal Nifty 500 ETF is an ETF fund. In the 3 years to 30-10-2026, HDFC BSE 500 Index Fund (Direct) returned 9.3% a year and Motilal Oswal Nifty 500 ETF returned 10.0% a year. HDFC BSE 500 Index Fund charges 0.35% a year and Motilal Oswal Nifty 500 ETF 0.39%. Their portfolios overlap 96.9%: they hold 458 of the same securities.
Motilal Oswal Nifty 500 ETF
ETF
- 3 year return
- 10.0%
- Expense ratio
- 0.39%
- NAV
- ₹22.42
Which is better, HDFC BSE 500 Index or Motilal Oswal Nifty 500 ETF? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Motilal Oswal Nifty 500 ETF returned more over 3 years: 10.0% a year against 9.3%.
- Motilal Oswal Nifty 500 ETF returned more over 1 year: −7.5% against −8.0%.
- HDFC BSE 500 Index costs less: 0.35% a year against 0.39%.
- HDFC BSE 500 Index swung less over 3 years: a standard deviation of 14.1% a year against 14.3%.
- Motilal Oswal Nifty 500 ETF fell less in its worst fall since 06-10-2023: −18.6% against −18.8%.
- HDFC BSE 500 Index is the larger fund: ₹313 Cr against ₹299 Cr.
- Their portfolios overlap 96.9%: 458 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 | HDFC BSE 500 Index Fund | Motilal Oswal Nifty 500 ETF |
|---|---|---|
| Fund house | HDFC Mutual Fund | Motilal Oswal Mutual Fund |
| Category | Index | ETF |
| AUM | ₹313 Cr (30-09-2026) | ₹299 Cr (30-09-2026) |
| NAV | ₹14.81 (Direct) | ₹22.42 |
| Expense ratio (Direct) | 0.35% | Not available |
| Expense ratio (Regular) | 0.84% | Not available |
| Riskometer | Very High | Very High |
| Benchmark | BSE 500 TRI | Nifty 500 TRI |
| Launch date | 21-04-2023 | 29-09-2023 |
| Minimum investment | ₹100 | On the Exchange: As the Scheme would be listed on the exchange, the investor can buy units on an ongoing basis on NSE at the traded prices which may be close to the actual NAV of the Scheme. The units are purchased in round lots of 1 unit. Directly with t |
| Lock in | None | None |
| Fund managers | Nandita Menezes, Arun Agarwal | Swapnil Mayekar, Rakesh Shetty |
| Exit load | NIL | Nil |
HDFC BSE 500 Index vs Motilal Oswal Nifty 500 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 |
|---|---|---|---|---|---|---|---|
| HDFC BSE 500 Index Fund (Direct) | −0.90% | −6.15% | −3.10% | −7.96% | +9.29% | -- | -- |
| Motilal Oswal Nifty 500 ETF | −0.76% | −6.10% | −2.94% | −7.51% | +9.98% | -- | -- |
HDFC BSE 500 Index vs Motilal Oswal Nifty 500 ETF: Year-wise Returns
| Year | HDFC BSE 500 IndexHDFC BSE 500 Index | Motilal Oswal Nifty 500 ETFMotilal Oswal Nifty 500 ETF |
|---|---|---|
| 2026to date | −8.06% | −7.67% |
| 2025 | +7.17% | +7.60% |
| 2024 | +14.95% | +15.93% |
HDFC BSE 500 Index vs Motilal Oswal Nifty 500 ETF: Rolling Returns
Every holding period of both funds, against BSE 500 TRI, the benchmark of HDFC BSE 500 Index Fund
Rolling returns
Every 1-year holding period, 509 of them, one for each trading day from 07-10-2024 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.
HDFC BSE 500 Index Fund (Direct)
Motilal Oswal Nifty 500 ETF
BSE 500 TRI
to
Dec 2024Apr 2024
to
Apr 2025Aug 2024
to
Aug 2025Dec 2024
to
Dec 2025May 2025
to
May 2026Aug 2025
to
Aug 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| HDFC BSE 500 Index | 26.3 | 29.1 | 26.7 | 5.9 | 2.4 | 2.4 | 7.3 | 6.0% | 4.2% | −9.5% | 37.5% | 0% |
| Motilal Oswal Nifty 500 ETF | 22.9 | 28.2 | 28.8 | 7.2 | 3.1 | 0.8 | 9.0 | 6.7% | 4.9% | −9.1% | 38.7% | 87% |
| BSE 500 TRI | 24.0 | 27.9 | 28.3 | 6.9 | 3.1 | 0.8 | 9.0 | 6.6% | 4.6% | −9.2% | 38.7% | -- |
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 BSE 500 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 06-10-2023. Past returns do not promise future returns.
HDFC BSE 500 Index vs Motilal Oswal Nifty 500 ETF: 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 03-10-2023 to 30-10-2026: 37 instalments, ₹3,70,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| HDFC BSE 500 IndexHDFC BSE 500 Index Fund (Direct) | ₹3,70,000 | ₹3,73,702 | ₹3,702 | 0.6% |
| Motilal Oswal Nifty 500 ETFMotilal Oswal Nifty 500 ETF | ₹3,70,000 | ₹3,76,921 | ₹6,921 | 1.2% |
HDFC BSE 500 IndexHDFC BSE 500 Index Fund (Direct)
Motilal Oswal Nifty 500 ETFMotilal Oswal Nifty 500 ETF
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.
HDFC BSE 500 Index vs Motilal Oswal Nifty 500 ETF: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | HDFC BSE 500 Index Fund (Direct) | Motilal Oswal Nifty 500 ETF |
|---|---|---|
| Return (CAGR) | −7.96% | −7.51% |
| Standard deviation | 14.18% | 14.51% |
| Sharpe ratio | -0.93 | -0.88 |
| Sortino ratio | -1.23 | -1.17 |
| Maximum drawdown | −14.8% (31-03-2026) | −14.7% (31-03-2026) |
| Beta | 1.00 | 1.00 |
| Alpha | −0.34% | −0.18% |
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 | HDFC BSE 500 Index Fund (Direct) | Motilal Oswal Nifty 500 ETF |
|---|---|---|
| Return (CAGR) | +9.29% | +9.98% |
| Standard deviation | 14.08% | 14.28% |
| Sharpe ratio | 0.23 | 0.28 |
| Sortino ratio | 0.31 | 0.37 |
| Maximum drawdown | −18.8% (28-02-2025) | −18.6% (28-02-2025) |
| Beta | 1.00 | 1.00 |
| Alpha | −0.58% | −0.23% |
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 | HDFC BSE 500 Index Fund (Direct) | Motilal Oswal Nifty 500 ETF |
|---|---|---|
| Return (CAGR) | +11.82% | +8.80% |
| Standard deviation | 13.39% | 14.25% |
| Sharpe ratio | 0.42 | 0.19 |
| Sortino ratio | 0.57 | 0.26 |
| Maximum drawdown | −18.8% (28-02-2025) | −18.6% (28-02-2025) |
| Beta | 1.00 | 1.00 |
| Alpha | −0.58% | −0.23% |
From daily NAVs, 21-04-2023 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.
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.
HDFC BSE 500 Index Fund (Direct)
Motilal Oswal Nifty 500 ETF
BSE 500 TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| HDFC BSE 500 Index Fund (Direct) | −18.8% | 26-09-2024 | 28-02-2025 | Not yet | -- | −10.1% |
| Motilal Oswal Nifty 500 ETF | −18.6% | 26-09-2024 | 28-02-2025 | Not yet | -- | −9.2% |
| BSE 500 TRI | −18.7% | 26-09-2024 | 28-02-2025 | Not yet | -- | −9.4% |
From daily values since 06-10-2023, 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.
HDFC BSE 500 Index Fund (Direct)
Motilal Oswal Nifty 500 ETF
BSE 500 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.
HDFC BSE 500 Index Fund (Direct)
Motilal Oswal Nifty 500 ETF
BSE 500 TRI
Against BSE 500 TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| HDFC BSE 500 Index Fund (Direct) | 98% | 101% | 0.13% |
| Motilal Oswal Nifty 500 ETF | 100% | 100% | 0.34% |
From month-end values since 06-10-2023. 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.
HDFC BSE 500 Index vs Motilal Oswal Nifty 500 ETF: Portfolio Overlap
From each fund's latest monthly portfolio: HDFC BSE 500 Index Fund, September 2026; Motilal Oswal Nifty 500 ETF, September 2026
Holdings in common
- Overlap
- 96.9%
- Held by both
- 458
- Only in HDFC BSE 500 Index
- 42
- Only in Motilal Oswal Nifty 500 ETF
- 39
| Security | % of HDFC BSE 500 Index | % of Motilal Oswal Nifty 500 ETF |
|---|---|---|
| HDFC Bank Ltd. | 5.72% | 5.66% |
| ICICI Bank Ltd. | 5.02% | 4.93% |
| Reliance Industries Ltd. | 4.16% | 4.13% |
| Bharti Airtel Ltd. | 2.90% | 2.78% |
| Larsen and Toubro Ltd. | 2.32% | 2.29% |
| State Bank of India | 2.11% | 2.06% |
| Axis Bank Ltd. | 1.86% | 1.84% |
| Infosys Limited | 1.86% | 1.83% |
| Kotak Mahindra Bank Limited | 1.62% | 1.60% |
| Mahindra & Mahindra Ltd. | 1.39% | 1.37% |
| Bajaj Finance Ltd. | 1.36% | 1.36% |
| ITC LIMITED | 1.34% | 1.32% |
| Eternal Limited | 1.22% | 1.21% |
| Tata Consultancy Services Ltd. | 1.10% | 1.09% |
| Sun Pharmaceutical Industries Ltd. | 1.04% | 1.00% |
| Titan Company Ltd. | 0.99% | 0.99% |
| Hindustan Unilever Ltd. | 0.89% | 0.87% |
| Maruti Suzuki India Limited | 0.81% | 0.81% |
| NTPC Limited | 0.81% | 0.80% |
| Tata Steel Ltd. | 0.80% | 0.80% |
| Adani Ports & Special Economic Zone | 0.74% | 0.73% |
| Bharat Electronics Ltd. | 0.74% | 0.72% |
| Shriram Finance Ltd. | 0.72% | 0.72% |
| Hindalco Industries Ltd. | 0.72% | 0.71% |
| UltraTech Cement Limited | 0.68% | 0.68% |
| HCL Technologies Ltd. | 0.69% | 0.67% |
| JSW Steel Ltd. | 0.63% | 0.63% |
| Divis Laboratories Ltd. | 0.63% | 0.61% |
| Power Grid Corporation of India Ltd. | 0.63% | 0.61% |
| Bajaj Auto Limited | 0.61% | 0.62% |
| Grasim Industries Ltd. | 0.61% | 0.60% |
| InterGlobe Aviation Ltd. | 0.59% | 0.59% |
| Asian Paints Limited | 0.57% | 0.57% |
| Coal India Ltd. | 0.54% | 0.53% |
| Eicher Motors Ltd. | 0.52% | 0.51% |
| ADANI ENTERPRISES LIMTIED | 0.52% | 0.51% |
| Bajaj Finserv Ltd. | 0.51% | 0.52% |
| Tech Mahindra Ltd. | 0.52% | 0.50% |
| TVS Motor Company Ltd. | 0.50% | 0.50% |
| Nestle India Ltd. | 0.49% | 0.49% |
| Tata Motors Limited | 0.47% | 0.46% |
| Hindustan Aeronautics Limited | 0.46% | 0.46% |
| Oil & Natural Gas Corporation Ltd. | 0.46% | 0.46% |
| Trent Ltd. | 0.46% | 0.45% |
| Adani Power (Mundra) Limited | 0.46% | 0.44% |
| Apollo Hospitals Enterprise Ltd. | 0.44% | 0.44% |
| Multi Commodity Exchange of India L | 0.44% | 0.44% |
| The Federal Bank Ltd. | 0.42% | 0.41% |
| Laurus Labs Ltd. | 0.41% | 0.40% |
| SBI Life Insurance Company Ltd. | 0.40% | 0.40% |
| Cipla Ltd. | 0.40% | 0.39% |
| Dr Reddys Laboratories Ltd. | 0.40% | 0.39% |
| Samvardhana Motherson International Ltd. | 0.38% | 0.38% |
| One 97 Communications Limited | 0.38% | 0.38% |
| Jio Financial Services Limited | 0.38% | 0.37% |
| Cholamandalam Investment & Finance Co. Ltd. | 0.37% | 0.37% |
| Max Healthcare Institute Limited | 0.36% | 0.36% |
| Vedanta Aluminium Metal Limited | 0.36% | 0.36% |
| Hero MotoCorp Ltd. | 0.35% | 0.35% |
| Indian Hotels Company Ltd. | 0.34% | 0.33% |
| Cummins India Ltd. | 0.34% | 0.33% |
| Avenue Supermarts Ltd. | 0.33% | 0.32% |
| Tata Consumer Products Limited | 0.32% | 0.32% |
| Bharat Heavy Electricals Ltd. | 0.32% | 0.32% |
| Coforge Limited | 0.32% | 0.32% |
| Tata Motors Passenger Vehicles Limited | 0.32% | 0.31% |
| The Tata Power Company Ltd. | 0.32% | 0.31% |
| Bharat Petroleum Corporation Ltd. | 0.31% | 0.32% |
| CG Power and Industrial Solutions Ltd. | 0.31% | 0.31% |
| Indusind Bank Ltd. | 0.31% | 0.31% |
| Varun Beverages Ltd | 0.31% | 0.31% |
| Britannia Industries Ltd. | 0.30% | 0.30% |
| Persistent Systems Limited | 0.30% | 0.30% |
| Torrent Pharmaceuticals Ltd. | 0.30% | 0.37% |
| Au Small Finance Bank Ltd. | 0.30% | 0.31% |
| HDFC Life Insurance Company Limited | 0.29% | 0.29% |
| IDFC First Bank Limited | 0.29% | 0.28% |
| Dixon Technologies (India) Ltd. | 0.29% | 0.28% |
| GE Vernova T&D India Limited | 0.27% | 0.27% |
| Bharat Forge Ltd. | 0.27% | 0.28% |
| LENSKART SOLUTIONS LIMITED | 0.49% | 0.26% |
| Life Insurance Corporation of India | 0.29% | 0.26% |
| Indian Oil Corporation Ltd. | 0.26% | 0.26% |
| Lupin Ltd. | 0.26% | 0.26% |
| Indus Towers Limited | 0.26% | 0.25% |
| Suzlon Energy Ltd | 0.25% | 0.25% |
| Power Finance Corporation Ltd. | 0.25% | 0.25% |
| Solar Industries India Ltd. | 0.25% | 0.25% |
| INFO EDGE (INDIA) LIMITED | 0.25% | 0.25% |
| Bajaj Holdings & Investment Ltd | 0.24% | 0.24% |
| HDFC Asset Management Company Ltd. | 0.24% | 0.24% |
| GAIL (India) Ltd. | 0.24% | 0.24% |
| Pidilite Industries Ltd. | 0.24% | 0.24% |
| Aurobindo Pharma Ltd. | 0.24% | 0.24% |
| Ashok Leyland Ltd | 0.23% | 0.23% |
| DLF LIMITED | 0.23% | 0.23% |
| Fsn Ecommerce Ventures Limited (Nykaa) | 0.23% | 0.23% |
| Bank of Baroda | 0.23% | 0.22% |
| Wipro Ltd. | 0.22% | 0.22% |
| Marico Ltd. | 0.22% | 0.22% |
| Adani Green Energy Limited | 0.22% | 0.22% |
| Polycab India Limited | 0.22% | 0.22% |
| Jindal Steel Limited. | 0.22% | 0.22% |
| APL Apollo Tubes Ltd. | 0.23% | 0.21% |
| Fortis Healthcare Limited | 0.21% | 0.21% |
| Bosch Limited | 0.21% | 0.21% |
| Canara Bank | 0.21% | 0.21% |
| United Spirits Limited | 0.21% | 0.21% |
| Adani Energy Solutions Limited | 0.21% | 0.22% |
| Punjab National Bank | 0.21% | 0.20% |
| Swiggy Limited | 0.20% | 0.20% |
| Hitachi Energy India Ltd. | 0.20% | 0.20% |
| LTM Limited | 0.20% | 0.20% |
| PB Fintech Limited | 0.20% | 0.20% |
| ICICI Lombard General Insurance Co | 0.20% | 0.20% |
| REC Limited. | 0.20% | 0.19% |
| Sona Blw Precision Forgings | 0.20% | 0.19% |
| ABB India Ltd. | 0.19% | 0.19% |
| Max Financial Services Ltd. | 0.19% | 0.19% |
| WELSPUN CORP LIMITED | 0.19% | 0.19% |
| The Phoenix Mills Limited | 0.19% | 0.19% |
| Yes Bank Ltd. | 0.19% | 0.19% |
| SRF Ltd. | 0.19% | 0.19% |
| VODAFONE IDEA LIMITED | 0.19% | 0.19% |
| Hindustan Petroleum Corp. Ltd. | 0.18% | 0.18% |
| Godrej Consumer Products Ltd. | 0.18% | 0.18% |
| Lodha Developers Limited | 0.18% | 0.18% |
| Glenmark Pharmaceuticals Ltd. | 0.18% | 0.18% |
| Radico Khaitan Limited | 0.18% | 0.18% |
| Siemens Ltd. | 0.18% | 0.17% |
| GMR Airports Limited | 0.18% | 0.17% |
| Aditya Birla Capital ltd. | 0.17% | 0.17% |
| Union Bank of India | 0.17% | 0.17% |
| Navin Fluorine International Ltd. | 0.16% | 0.16% |
| Shree Cement Ltd. | 0.16% | 0.16% |
| JSW Energy Ltd. | 0.16% | 0.16% |
| National Aluminium Co. Ltd. | 0.16% | 0.16% |
| Apar Industries Limited | 0.16% | 0.17% |
| Alkem Laboratories Ltd. | 0.16% | 0.16% |
| UPL Ltd. | 0.16% | 0.16% |
| Muthoot Finance Ltd. | 0.16% | 0.15% |
| Zydus Lifesciences Limited | 0.15% | 0.15% |
| Vishal Mega Mart Limited | 0.15% | 0.15% |
| Hyundai Motor India Limited | 0.15% | 0.15% |
| Siemens Energy India Limited | 0.15% | 0.15% |
| MphasiS Limited. | 0.15% | 0.15% |
| Indian Bank | 0.15% | 0.15% |
| MANKIND PHARMA LIMITED | 0.15% | 0.15% |
| Billionbrains Garage Ventures Limited (Groww) | 0.14% | 0.14% |
| Ather Energy Limited | 0.14% | 0.14% |
| Steel Authority Of India Ltd. | 0.14% | 0.14% |
| Hindustan Zinc Ltd. | 0.14% | 0.14% |
| 360 ONE WAM LIMITED | 0.14% | 0.14% |
| Ipca Laboratories Ltd. | 0.14% | 0.14% |
| NMDC Limited | 0.14% | 0.14% |
| NHPC Ltd. | 0.14% | 0.14% |
| KEI Industries Ltd. | 0.14% | 0.14% |
| Biocon Ltd. | 0.14% | 0.13% |
| Delhivery Limited | 0.13% | 0.13% |
| Havells India Ltd. | 0.13% | 0.13% |
| Piramal Finance Ltd. | 0.13% | 0.14% |
| Voltas Ltd. | 0.13% | 0.13% |
| Oil India Limited | 0.13% | 0.13% |
| Lloyds Metals & Energy Ltd. | 0.13% | 0.13% |
| Prestige Estates Projects Ltd. | 0.13% | 0.13% |
| Oracle Financial Ser Software Ltd. | 0.13% | 0.13% |
| MRF Ltd. | 0.13% | 0.13% |
| Redington Ltd. | 0.13% | 0.13% |
| Tube Investments of India Ltd. | 0.13% | 0.13% |
| RBL Bank Ltd. | 0.13% | 0.13% |
| Torrent Power Ltd. | 0.13% | 0.12% |
| Dabur India Ltd. | 0.12% | 0.12% |
| Gland Pharma Ltd. | 0.12% | 0.12% |
| Ambuja Cements Ltd. | 0.12% | 0.12% |
| Supreme Industries Ltd. | 0.12% | 0.12% |
| Jindal Stainless Ltd. | 0.12% | 0.12% |
| Colgate-Palmolive ( I ) Ltd. | 0.12% | 0.12% |
| Waaree Energies Limited | 0.12% | 0.12% |
| L&T Finance Ltd. | 0.12% | 0.12% |
| HFCL Ltd | 0.12% | 0.12% |
| Page Industries Ltd | 0.12% | 0.12% |
| Meesho Limited | 0.47% | 0.11% |
| Oberoi Realty Ltd. | 0.11% | 0.11% |
| Coromandel International Limited | 0.11% | 0.11% |
| Kalyan Jewellers India Ltd | 0.11% | 0.11% |
| Petronet LNG Ltd. | 0.11% | 0.11% |
| UNO Minda Limited | 0.11% | 0.11% |
| Godrej Properties Ltd. | 0.11% | 0.11% |
| City Union Bank Ltd. | 0.11% | 0.11% |
| Sai Life Sciences Limited | 0.11% | 0.11% |
| PNB Housing Finance Ltd. | 0.11% | 0.11% |
| Mahindra & Mahindra Financial Services Ltd. | 0.11% | 0.11% |
| JK Cement Limited | 0.11% | 0.11% |
| JSW Infrastructure Limited | 0.11% | 0.11% |
| GUJARAT FLUOROCHEMICALS LIMITED | 0.10% | 0.10% |
| Kirloskar Oil Engines Ltd. | 0.10% | 0.10% |
| Tata Communications Limited | 0.10% | 0.10% |
| Nippon Life India Asset Management Limited | 0.10% | 0.10% |
| Exide Industries Ltd. | 0.10% | 0.10% |
| ICICI PRUDENTIAL ASSET MANAGEMENT COMPANY LIMITED | 0.10% | 0.10% |
| ITC Hotels Limited | 0.10% | 0.10% |
| Anand Rathi Wealth Limited | 0.10% | 0.10% |
| Blue Star Ltd. | 0.10% | 0.10% |
| PI Industries Ltd. | 0.10% | 0.10% |
| Neuland Laboratories Limited | 0.10% | 0.10% |
| Aster DM Quality Care Limited | 0.10% | 0.10% |
| Krishna Institute Of Medical Sciences Limited | 0.10% | 0.10% |
| Tata Capital Ltd. | 0.10% | 0.09% |
| Astral Limited | 0.09% | 0.09% |
| Acutaas Chemicals Limited | 0.09% | 0.09% |
| SBI CARDS AND PAYMENT SERVICES LIMITED | 0.09% | 0.09% |
| Ajanta Pharma Limited | 0.09% | 0.09% |
| Wockhardt Ltd. | 0.09% | 0.09% |
| Indian Railways Finance Corp. Ltd. | 0.09% | 0.09% |
| Aegis Logistics Ltd | 0.09% | 0.09% |
| LG Electronics India Limited | 0.09% | 0.09% |
| ADANI TOTAL GAS LIMITED | 0.09% | 0.09% |
| Manappuram Finance Ltd. | 0.09% | 0.09% |
| Bandhan Bank Ltd. | 0.09% | 0.09% |
| ICICI Prudential Life Insurance Company Ltd. | 0.09% | 0.09% |
| Balkrishna Industries Ltd. | 0.09% | 0.09% |
| Jubilant Foodworks Limited | 0.09% | 0.09% |
| Mazagon Dock Shipbuilders Ltd | 0.09% | 0.08% |
| Computer Age Management Services | 0.09% | 0.08% |
| Craftsman Automation Ltd | 0.08% | 0.08% |
| Great Eastern Shipping Company Ltd. | 0.08% | 0.08% |
| Himadri Speciality Chemical Limited | 0.08% | 0.08% |
| Bank of India | 0.08% | 0.08% |
| Container Corporation of India Ltd. | 0.08% | 0.08% |
| LIC Housing Finance Ltd. | 0.08% | 0.08% |
| Carborundum Universal Ltd. | 0.08% | 0.08% |
| AUTHUM INVESTMENT & INFRASTRUCTURE LIMITED | 0.08% | 0.08% |
| AIA Engineering Ltd. | 0.08% | 0.08% |
| Kalpataru Projects International Ltd | 0.08% | 0.08% |
| Motilal Oswal Financial Services Ltd. | 0.08% | 0.08% |
| Amber Enterprises India Ltd. | 0.08% | 0.08% |
| Bank of Maharashtra | 0.08% | 0.08% |
| Poonawalla Fincorp Ltd | 0.08% | 0.08% |
| Schaeffler India Ltd. | 0.08% | 0.08% |
| HINDUSTAN COPPER LIMITED | 0.08% | 0.10% |
| Dr. Lal Path Labs Ltd | 0.08% | 0.08% |
| Angel One Ltd. | 0.08% | 0.09% |
| Premier Energies Limited | 0.08% | 0.07% |
| IIFL Finance Limited | 0.08% | 0.07% |
| Dalmia Bharat Ltd. | 0.07% | 0.07% |
| Piramal Pharma Limited | 0.07% | 0.07% |
| Syrma SGS Technology Ltd. | 0.07% | 0.07% |
| Data Patterns (India) Limited | 0.07% | 0.07% |
| Cholamandalam Financial Holdings Ltd. | 0.07% | 0.07% |
| Thermax Ltd. | 0.07% | 0.07% |
| Elgi Equipments Ltd. | 0.07% | 0.07% |
| Crompton Greaves Consumer Elec. Ltd. | 0.07% | 0.07% |
| Indian Railway Catering And Tourism Corp Ltd | 0.07% | 0.07% |
| Abbott India Ltd. | 0.07% | 0.07% |
| Apollo Tyres Ltd. | 0.07% | 0.07% |
| Berger Paints (I) Ltd | 0.07% | 0.07% |
| Linde India Ltd | 0.07% | 0.07% |
| General Insurance Corporation of India | 0.07% | 0.07% |
| NUVAMA WEALTH MANAGEMENT LTD. | 0.07% | 0.07% |
| Star Health and Allied Insurance Company Ltd | 0.07% | 0.07% |
| PTC INDUSTRIES LIMITED | 0.07% | 0.07% |
| Patanjali Foods Limited | 0.07% | 0.07% |
| HDB Financial Services Ltd. | 0.07% | 0.07% |
| Tata Technologies Limited | 0.07% | 0.06% |
| Narayana Hrudayalaya Limited | 0.07% | 0.06% |
| Crisil Limited | 0.06% | 0.06% |
| Onesource Specialty Pharma Limited | 0.06% | 0.06% |
| Granules India Ltd. | 0.06% | 0.07% |
| KFin Technologies Ltd | 0.06% | 0.06% |
| Sammaan Capital Limited | 0.06% | 0.06% |
| GlaxoSmithkline Pharmaceuticals Ltd | 0.06% | 0.06% |
| Finolex Cables Ltd. | 0.06% | 0.06% |
| Timken India Ltd. | 0.06% | 0.06% |
| The Ramco Cements Ltd. | 0.06% | 0.06% |
| ZF Commercial Vehicle Control Systems India Ltd | 0.06% | 0.06% |
| Bharti Hexacom Limited | 0.06% | 0.06% |
| Rail Vikas Nigam Ltd | 0.06% | 0.06% |
| Asahi India Glass Ltd. | 0.06% | 0.06% |
| Global Health Limited | 0.06% | 0.06% |
| Tata Elxsi Ltd. | 0.06% | 0.06% |
| Cochin Shipyard Ltd. | 0.06% | 0.07% |
| Brigade Enterprises Limited. | 0.06% | 0.06% |
| KAYNES TECHNOLOGY INDIA LIMITED | 0.06% | 0.06% |
| K.P.R. MILL LIMITED | 0.06% | 0.06% |
| Pine Labs Limited | 0.10% | 0.05% |
| Deepak Nitrite Limited | 0.06% | 0.05% |
| Aditya Infotech Limited | 0.06% | 0.05% |
| AFFLE 3I LIMITED | 0.05% | 0.05% |
| L&T Technology Services Ltd. | 0.05% | 0.05% |
| ESCORTS KUBOTA LIMITED | 0.05% | 0.05% |
| Tata Chemicals Ltd. | 0.05% | 0.05% |
| Anthem Biosciences Limited | 0.05% | 0.05% |
| Motherson Sumi Wiring India Limited | 0.05% | 0.05% |
| Netweb Technologies India Limited | 0.05% | 0.05% |
| NTPC Green Energy Limited | 0.05% | 0.05% |
| Sagility Limited | 0.05% | 0.05% |
| Atul Ltd. | 0.05% | 0.05% |
| Inventurus Knowledge Solutions Limited | 0.05% | 0.05% |
| Five-Star Business Finance Limited | 0.05% | 0.05% |
| Bharat Dynamics Limited | 0.05% | 0.05% |
| Castrol India Ltd. | 0.05% | 0.05% |
| Capri Global Capital LTD | 0.05% | 0.05% |
| PVR LIMITED | 0.05% | 0.05% |
| Indian Renewable Energy Development Agency Limited | 0.05% | 0.05% |
| Indraprastha Gas Ltd. | 0.05% | 0.05% |
| Kajaria Ceramics Ltd. | 0.05% | 0.05% |
| Usha Martin Ltd | 0.05% | 0.05% |
| ANANT RAJ LIMITED | 0.05% | 0.05% |
| HBL Engineering Limited | 0.05% | 0.05% |
| Bajaj Housing Finance Ltd. | 0.05% | 0.05% |
| Home First Finance Company India Ltd | 0.05% | 0.06% |
| Deepak Fertilisers & Petrochemicals Corp. Ltd. | 0.05% | 0.05% |
| NLC India Ltd. | 0.05% | 0.05% |
| ACME Solar Holdings Limited | 0.05% | 0.05% |
| AWL AGRI BUSINESS LIMITED | 0.05% | 0.05% |
| Aarti Industries Ltd. | 0.05% | 0.05% |
| Amara Raja Energy & Mobility Limited | 0.05% | 0.05% |
| Endurance Technologies Ltd. | 0.05% | 0.05% |
| Jyoti CNC Automation Limited | 0.05% | 0.05% |
| Indian Energy Exchange Limited | 0.05% | 0.04% |
| Ola Electric Mobility Limited | 0.05% | 0.04% |
| Cyient Ltd. | 0.05% | 0.04% |
| Engineers India Ltd. | 0.05% | 0.04% |
| Gabriel India Ltd. | 0.05% | 0.04% |
| Aptus Value Housing Finance India Ltd | 0.05% | 0.04% |
| ACC Ltd. | 0.04% | 0.04% |
| Housing and Urban Development Corporation Ltd. | 0.04% | 0.04% |
| Cohance Lifesciences Limited | 0.04% | 0.04% |
| KPIT Technologies Ltd | 0.04% | 0.04% |
| Hexaware Technologies Ltd. | 0.04% | 0.04% |
| NBCC (India) Limited | 0.04% | 0.04% |
| Physicswallah Limited. | 0.04% | 0.04% |
| Balrampur Chini Mills Ltd. | 0.04% | 0.04% |
| EID Parry (India) Ltd. | 0.04% | 0.04% |
| Emcure Pharmaceuticals Limited | 0.04% | 0.04% |
| Chennai Petroleum Corp Ltd. | 0.04% | 0.04% |
| WELSPUN LIVING LIMITED | 0.04% | 0.04% |
| Zen Technologies Limited | 0.04% | 0.04% |
| BEML Limited | 0.04% | 0.04% |
| Godfrey Phillips India Ltd. | 0.04% | 0.04% |
| Jaiprakash Power Ventures Limited | 0.04% | 0.04% |
| Syngene International Limited | 0.04% | 0.04% |
| RAMKRISHNA FORGINGS LIMITED | 0.04% | 0.04% |
| Aditya Birla Sun Life AMC Limited | 0.04% | 0.04% |
| CCL Products (India) Ltd. | 0.04% | 0.04% |
| FORCE MOTORS LTD | 0.04% | 0.04% |
| PG Electroplast Limited | 0.04% | 0.04% |
| Ceat Ltd. | 0.04% | 0.04% |
| CESC Ltd. | 0.04% | 0.04% |
| Emami Ltd. | 0.04% | 0.04% |
| Honeywell Automation India Limited | 0.04% | 0.04% |
| Tata Investment Corp Ltd | 0.04% | 0.04% |
| Firstsource Solutions Ltd. | 0.04% | 0.04% |
| United Breweries Ltd. | 0.04% | 0.04% |
| Whirlpool of India Ltd. | 0.04% | 0.04% |
| NAVA LIMITED | 0.04% | 0.04% |
| eClerx Services Limited | 0.04% | 0.04% |
| Creditaccess Grameen Limited | 0.04% | 0.04% |
| R R KABEL LIMITED | 0.04% | 0.04% |
| Shyam Metalics and Energy Ltd | 0.04% | 0.04% |
| IRB Infrastructure Developers Ltd. | 0.04% | 0.04% |
| Schneider Electric Infrastructure Limited | 0.04% | 0.04% |
| Belrise Industries Limited | 0.04% | 0.05% |
| Natco Pharma Ltd | 0.04% | 0.04% |
| INOX Wind Limited | 0.04% | 0.03% |
| Rainbow Childrens Medicare Limited | 0.04% | 0.03% |
| Mahanagar Gas Ltd. | 0.03% | 0.03% |
| Aditya Birla Real Estate Limited | 0.03% | 0.03% |
| Chambal Fertilizers & Chemicals Ltd. | 0.03% | 0.03% |
| Paradeep Phosphates Limited | 0.03% | 0.03% |
| Aether Industries Ltd | 0.03% | 0.03% |
| Jubilant Ingrevia Limited | 0.03% | 0.03% |
| URBAN COMPANY LIMITED | 0.03% | 0.03% |
| Honasa Consumer Limited | 0.03% | 0.03% |
| Choice International Limited | 0.03% | 0.03% |
| Triveni Turbine Limited | 0.03% | 0.03% |
| Jammu & Kashmir Bank Ltd. | 0.03% | 0.03% |
| Godawari Power & Ispat Ltd. | 0.03% | 0.03% |
| TENNECO CLEAN AIR INDIA LIMITED | 0.03% | 0.03% |
| Poly Medicure Ltd | 0.03% | 0.03% |
| Aavas Financiers Ltd. | 0.03% | 0.03% |
| EIH Ltd. | 0.03% | 0.03% |
| Sumitomo Chemical India Ltd | 0.03% | 0.03% |
| Techno Electric & Engin. Co. Ltd. | 0.03% | 0.03% |
| Intellect Design Arena Limited | 0.03% | 0.03% |
| Gillette India Ltd. | 0.03% | 0.03% |
| Jindal Saw Ltd. | 0.03% | 0.03% |
| Graphite India Ltd. | 0.03% | 0.03% |
| Garden Reach Shipbuilders & Engineers Limited | 0.03% | 0.03% |
| KEC International Ltd. | 0.03% | 0.03% |
| Sun TV Network Limited | 0.03% | 0.03% |
| Caplin Point Laboratories Ltd | 0.03% | 0.03% |
| CanFin Homes Ltd. | 0.03% | 0.03% |
| Central Bank Of India | 0.03% | 0.03% |
| Zensar Technologies Ltd. | 0.03% | 0.03% |
| CIE Automotive India Ltd | 0.03% | 0.03% |
| PCBL Chemical Limited | 0.03% | 0.03% |
| Reliance Power Ltd. | 0.03% | 0.03% |
| Titagarh Wagons Limited | 0.03% | 0.03% |
| Sobha Ltd. | 0.03% | 0.03% |
| TBO TEK LIMITED | 0.03% | 0.03% |
| Cemindia Projects Limited | 0.03% | 0.03% |
| Action Construction Equipments Ltd | 0.03% | 0.03% |
| Zydus Wellness Ltd | 0.03% | 0.03% |
| JM Financial Ltd | 0.03% | 0.03% |
| LT Foods Limited | 0.03% | 0.03% |
| Vardhman Textiles Ltd. | 0.03% | 0.03% |
| Minda Corporation Ltd | 0.03% | 0.03% |
| NCC LTD. | 0.03% | 0.03% |
| Devyani International Ltd | 0.03% | 0.03% |
| Indiamart Intermesh Limited | 0.03% | 0.03% |
| Lemon Tree Hotels Ltd. | 0.03% | 0.03% |
| Prime Focus Limited | 0.05% | 0.02% |
| Aadhar Housing Finance Limited | 0.04% | 0.02% |
| UTI Asset Management Company Ltd | 0.03% | 0.02% |
| SJVN Limited | 0.02% | 0.02% |
| IDBI Bank Limited | 0.02% | 0.02% |
| Tejas Networks Limited | 0.02% | 0.02% |
| Gravita India Limited | 0.02% | 0.02% |
| Brainbees Solutions Limited (FirstCry) | 0.02% | 0.02% |
| IFCI LIMITED | 0.02% | 0.02% |
| Aegis Vopak Terminals Limited | 0.02% | 0.02% |
| NMDC Steel Limited | 0.02% | 0.02% |
| International Gemological Institute Limited | 0.02% | 0.02% |
| Afcons Infrastructure Limited | 0.02% | 0.02% |
| MANGALORE REFINERY AND PETROCHEMICA | 0.02% | 0.02% |
| Nuvoco Vistas Corporation Ltd. | 0.02% | 0.02% |
| Gujarat Mineral Dev. Corp. Ltd. | 0.02% | 0.02% |
| Bata India Ltd. | 0.02% | 0.02% |
| Emmvee Photovoltaic Power Limited | 0.02% | 0.02% |
| Elecon Engineering Comapny Ltd. | 0.02% | 0.02% |
| Jupiter Wagons Limited | 0.02% | 0.02% |
| Clean Science & Technology Ltd | 0.02% | 0.02% |
| Godrej Industries Ltd. | 0.02% | 0.02% |
| Olectra Greentech Limited | 0.02% | 0.02% |
| DOMS Industries Limited | 0.02% | 0.02% |
| Concord Biotech Limited | 0.02% | 0.02% |
| Sarda Energy & Minerals Limited | 0.02% | 0.02% |
| The New India Assurance Company Ltd | 0.02% | 0.02% |
| Allied Blenders and Distillers Limited | 0.02% | 0.02% |
| Indian Overseas Bank | 0.02% | 0.02% |
| Swan Corp Limited | 0.02% | 0.02% |
| JSW Cement Limited | 0.02% | 0.02% |
| Kirloskar Brothers Ltd | 0.02% | 0.02% |
| Transformers & Rectifiers India Ltd | 0.02% | 0.02% |
| Birlasoft Limited | 0.02% | 0.02% |
| Ircon International Ltd. | 0.02% | 0.02% |
| SIGNATUREGLOBAL (INDIA) LIMITED | 0.02% | 0.01% |
| Trident Ltd. | 0.01% | 0.01% |
| RailTel Corporation of India Limited | 0.01% | 0.01% |
| BLS International Services Ltd | 0.01% | 0.01% |
| Gallantt Ispat Limited | 0.01% | 0.01% |
| RITES Limited | 0.01% | 0.01% |
| India Cements Ltd. | 0.01% | 0.01% |
| HEG Advanced Materials Limited | 0.01% | 0.01% |
| UCO Bank | 0.01% | 0.01% |
| RHI MAGNESITA INDIA Limited | 0.01% | 0.01% |
| JBM AUTO LTD. | 0.01% | 0.01% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 96.9% means 96.9% 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 HDFC BSE 500 Index Fund
| Security | % of fund |
|---|---|
| National Securities Depository Limited | 0.05% |
| 3M India Ltd. | 0.05% |
| Grindwell Norton Ltd. | 0.05% |
| Gujarat Energy Limited | 0.05% |
| Jubilant Pharmova Limited | 0.04% |
Largest holdings only in Motilal Oswal Nifty 500 ETF
| Security | % of fund |
|---|---|
| BSE Limited | 0.66% |
| Vedanta Limited | 0.24% |
| Karur Vysya Bank Limited | 0.16% |
| Sundaram Finance Limited | 0.16% |
| Sterlite Technologies Limited | 0.14% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | HDFC BSE 500 Index | Motilal Oswal Nifty 500 ETF |
|---|---|---|
| Equity | 99.8% | 99.7% |
| Debt | 0.0% | 0.0% |
| Cash and others | 0.2% | 0.3% |
Market cap of stocks
| Market cap | HDFC BSE 500 Index | Motilal Oswal Nifty 500 ETF |
|---|---|---|
| Large Cap | 67.0% | 67.1% |
| Mid Cap | 21.5% | 20.9% |
| Small Cap | 11.3% | 11.6% |
| Not on AMFI's list | 0.0% | 0.1% |
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 | HDFC BSE 500 Index | Motilal Oswal Nifty 500 ETF |
|---|---|---|
| Banks | 19.4% | 19.3% |
| Finance | 6.4% | 6.5% |
| Pharmaceuticals & Biotechnology | 5.8% | 5.8% |
| IT - Software | 5.8% | 5.7% |
| Petroleum Products | 5.0% | 5.0% |
| Automobiles | 4.9% | 4.9% |
The six largest sectors of each fund's stocks, % of the fund.
HDFC BSE 500 Index vs Motilal Oswal Nifty 500 ETF: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | HDFC BSE 500 Index Fund | Motilal Oswal Nifty 500 ETF |
|---|---|---|
| Total expense ratio (Direct) | 0.35% | Not available |
| Base expense ratio (Direct) | 0.24% | 0.00% |
| Total expense ratio (Regular) | 0.84% | Not available |
| Base expense ratio (Regular) | 0.65% | 0.18% |
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.
HDFC BSE 500 Index Fund vs Motilal Oswal Nifty 500 ETF: Frequently Asked Questions
What is the difference between HDFC BSE 500 Index Fund and Motilal Oswal Nifty 500 ETF?
HDFC BSE 500 Index Fund is an Index fund, Motilal Oswal Nifty 500 ETF is an ETF fund, run by HDFC Mutual Fund and Motilal Oswal Mutual Fund. Their portfolios overlap 96.9%. HDFC BSE 500 Index Fund charges 0.35% a year and Motilal Oswal Nifty 500 ETF 0.39%.
Which has given higher returns, HDFC BSE 500 Index Fund or Motilal Oswal Nifty 500 ETF?
Over 1 year: HDFC BSE 500 Index Fund −7.96%, Motilal Oswal Nifty 500 ETF −7.51%. Over 3 years: HDFC BSE 500 Index Fund +9.29% a year, Motilal Oswal Nifty 500 ETF +9.98% a year. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, HDFC BSE 500 Index Fund or Motilal Oswal Nifty 500 ETF?
HDFC BSE 500 Index Fund charges less: 0.35% a year against 0.39%. These are the total expense ratios reported to AMFI.
How much do HDFC BSE 500 Index Fund and Motilal Oswal Nifty 500 ETF overlap?
96.9%. They hold 458 of the same securities, the largest shared ones being HDFCBANK, ICICIBANK, RELIANCE. From each fund's latest monthly portfolio.
Which is riskier, HDFC BSE 500 Index Fund or Motilal Oswal Nifty 500 ETF?
On SEBI's riskometer, HDFC BSE 500 Index Fund is rated Very High and Motilal Oswal Nifty 500 ETF Very High. Over 3 years, the standard deviation of daily returns was 14.08% and 14.28% a year.
Which is better for SIP, HDFC BSE 500 Index Fund or Motilal Oswal Nifty 500 ETF?
Over the last 3 years, a monthly SIP of ₹10,000 from 03-10-2023 to 30-10-2026 grew to ₹3,73,702 in HDFC BSE 500 Index Fund (XIRR 0.6% a year) and ₹3,76,921 in Motilal Oswal Nifty 500 ETF (XIRR 1.2% a year). Both received 37 instalments. Past returns do not promise future returns.
Can I invest in both HDFC BSE 500 Index Fund and Motilal Oswal Nifty 500 ETF?
Yes. 96.9% of each fund's money sits in the same holdings, so a large part of the two investments would move together.
Who manages HDFC BSE 500 Index Fund and Motilal Oswal Nifty 500 ETF?
HDFC BSE 500 Index Fund: Nandita Menezes, Arun Agarwal. Motilal Oswal Nifty 500 ETF: Swapnil Mayekar, 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.