HDFC BSE India Sector Leaders Index Fund vs Nippon India Index Fund - BSE Sensex Plan
Direct Plan, Growth option · Data as on 30-10-2026
HDFC BSE India Sector Leaders Index Fund is an Index fund and Nippon India Index Fund - BSE Sensex Plan is a mutual fund. HDFC BSE India Sector Leaders Index Fund charges 0.31% a year and Nippon India Index Fund - BSE Sensex Plan 0.21% (Direct plans). Their portfolios overlap 64.1%: they hold 24 of the same securities.
HDFC BSE India Sector Leaders Index Fund
Index
- Expense ratio
- 0.31%
- NAV
- ₹9.05
Nippon India Index Fund - BSE Sensex Plan
- Expense ratio
- 0.21%
- NAV
- ₹40.54
Which is better, HDFC BSE India Sector Leaders Index or Nippon India Index Fund - BSE Sensex Plan? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Nippon India Index Fund - BSE Sensex Plan costs less: 0.21% a year against 0.31% (Direct plans).
- HDFC BSE India Sector Leaders Index fell less in its worst fall since 26-11-2025: −15.1% against −16.1%.
- Nippon India Index Fund - BSE Sensex Plan holds more in large companies: 100.0% of the fund in large caps against 83.8%.
- Nippon India Index Fund - BSE Sensex Plan is the larger fund: ₹874 Cr against ₹159 Cr.
- Their portfolios overlap 64.1%: 24 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 India Sector Leaders Index Fund | Nippon India Index Fund - BSE Sensex Plan |
|---|---|---|
| Fund house | HDFC Mutual Fund | Nippon India Mutual Fund |
| Category | Index | Not available |
| AUM | ₹159 Cr (30-09-2026) | ₹874 Cr (30-09-2026) |
| NAV | ₹9.05 (Direct) | ₹40.54 (Direct) |
| Expense ratio (Direct) | 0.31% | 0.21% |
| Expense ratio (Regular) | 0.76% | 0.51% |
| Riskometer | Very High | Not available |
| Benchmark | BSE India Sector Leaders TRI | Not available |
| Launch date | 26-11-2025 | Not available |
| Minimum investment | ₹100 | Not available |
| Lock in | None | Not available |
| Fund managers | Nandita Menezes, Arun Agarwal | Not available |
| Exit load | NIL | Not available |
HDFC BSE India Sector Leaders Index vs Nippon India Index Fund - BSE Sensex Plan: 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 India Sector Leaders Index Fund (Direct) | +0.95% | −6.01% | −3.39% | -- | -- | -- | -- |
| Nippon India Index Fund - BSE Sensex Plan (Direct) | +2.75% | −4.34% | −2.51% | −11.13% | +6.05% | +5.67% | +11.29% |
HDFC BSE India Sector Leaders Index vs Nippon India Index Fund - BSE Sensex Plan: Year-wise Returns
| Year | HDFC BSE India Sector Leaders IndexHDFC BSE India Sector Leaders Index | Nippon India Index Fund - BSE Sensex PlanNippon India Index Fund - BSE Sensex Plan |
|---|---|---|
| 2026to date | −8.91% | −11.98% |
| 2025 | -- | +10.11% |
| 2024 | -- | +9.16% |
| 2023 | -- | +20.12% |
| 2022 | -- | +5.57% |
| 2021 | -- | +22.85% |
HDFC BSE India Sector Leaders Index vs Nippon India Index Fund - BSE Sensex Plan: Rolling Returns
Every holding period of both funds, against BSE INDIA SECTOR LEADERS TRI, the benchmark of HDFC BSE India Sector Leaders Index Fund
HDFC BSE India Sector Leaders Index vs Nippon India Index Fund - BSE Sensex Plan: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | HDFC BSE India Sector Leaders Index Fund (Direct) | Nippon India Index Fund - BSE Sensex Plan (Direct) |
|---|---|---|
| Return (CAGR) | −10.12% | +10.93% |
| Standard deviation | 14.18% | 15.65% |
| Sharpe ratio | -1.08 | 0.31 |
| Sortino ratio | -1.42 | 0.43 |
| Maximum drawdown | −15.1% (30-03-2026) | −37.1% (23-03-2020) |
| Beta | 1.00 | 0.98 |
| Alpha | −0.28% | −0.49% |
From daily NAVs, 26-11-2025 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.
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 India Sector Leaders Index Fund (Direct)
Nippon India Index Fund - BSE Sensex Plan (Direct)
BSE INDIA SECTOR LEADERS TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| HDFC BSE India Sector Leaders Index Fund (Direct) | −15.1% | 02-01-2026 | 30-03-2026 | Not yet | -- | −9.6% |
| Nippon India Index Fund - BSE Sensex Plan (Direct) | −16.1% | 02-01-2026 | 31-03-2026 | Not yet | -- | −12.5% |
| BSE INDIA SECTOR LEADERS TRI | −15.0% | 02-01-2026 | 30-03-2026 | Not yet | -- | −9.4% |
From daily values since 26-11-2025, the first day every fund has.
HDFC BSE India Sector Leaders Index vs Nippon India Index Fund - BSE Sensex Plan: Portfolio Overlap
From each fund's latest monthly portfolio: HDFC BSE India Sector Leaders Index Fund, September 2026; Nippon India Index Fund - BSE Sensex Plan, September 2026
Holdings in common
- Overlap
- 64.1%
- Held by both
- 24
- Only in HDFC BSE India Sector Leaders Index
- 35
- Only in Nippon India Index Fund - BSE Sensex Plan
- 6
| Security | % of HDFC BSE India Sector Leaders Index | % of Nippon India Index Fund - BSE Sensex Plan |
|---|---|---|
| HDFC Bank Ltd. | 5.35% | 12.59% |
| Bharti Airtel Ltd. | 5.00% | 6.38% |
| ICICI Bank Ltd. | 4.92% | 11.03% |
| Larsen and Toubro Ltd. | 4.88% | 5.10% |
| Reliance Industries Ltd. | 4.80% | 9.15% |
| State Bank of India | 4.44% | 4.64% |
| Infosys Limited | 3.91% | 4.08% |
| Mahindra & Mahindra Ltd. | 2.93% | 3.07% |
| ITC LIMITED | 2.83% | 2.96% |
| Eternal Limited | 2.57% | 2.69% |
| Tata Consultancy Services Ltd. | 2.31% | 2.41% |
| Sun Pharmaceutical Industries Ltd. | 2.19% | 2.28% |
| Titan Company Ltd. | 2.08% | 2.18% |
| Hindustan Unilever Ltd. | 1.87% | 1.95% |
| Maruti Suzuki India Limited | 1.71% | 1.79% |
| NTPC Limited | 1.70% | 1.78% |
| Tata Steel Ltd. | 1.69% | 1.77% |
| Adani Ports & Special Economic Zone | 1.56% | 1.63% |
| Bharat Electronics Ltd. | 1.55% | 1.62% |
| UltraTech Cement Limited | 1.44% | 1.50% |
| Power Grid Corporation of India Ltd. | 1.32% | 1.38% |
| InterGlobe Aviation Ltd. | 1.04% | 1.30% |
| Asian Paints Limited | 1.01% | 1.26% |
| Trent Ltd. | 0.96% | 1.01% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 64.1% means 64.1% 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 India Sector Leaders Index Fund
| Security | % of fund |
|---|---|
| Sun TV Network Limited | 1.39% |
| Divis Laboratories Ltd. | 1.32% |
| Bajaj Auto Limited | 1.28% |
| Grasim Industries Ltd. | 1.28% |
| PVR LIMITED | 1.10% |
Largest holdings only in Nippon India Index Fund - BSE Sensex Plan
| Security | % of fund |
|---|---|
| Axis Bank Limited | 4.08% |
| Kotak Mahindra Bank Limited | 3.57% |
| Bajaj Finance Limited | 2.99% |
| HCL Technologies Limited | 1.51% |
| Tech Mahindra Limited | 1.14% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | HDFC BSE India Sector Leaders Index | Nippon India Index Fund - BSE Sensex Plan |
|---|---|---|
| Equity | 100.1% | 100.0% |
| Debt | 0.0% | 0.0% |
| Cash and others | -0.1% | 0.0% |
Market cap of stocks
| Market cap | HDFC BSE India Sector Leaders Index | Nippon India Index Fund - BSE Sensex Plan |
|---|---|---|
| Large Cap | 83.8% | 100.0% |
| Mid Cap | 9.9% | 0.0% |
| Small Cap | 6.4% | 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 | HDFC BSE India Sector Leaders Index | Nippon India Index Fund - BSE Sensex Plan |
|---|---|---|
| Banks | 14.7% | 35.9% |
| Petroleum Products | 5.8% | 9.2% |
| IT - Software | 7.2% | 9.1% |
| Telecom - Services | 7.0% | 6.4% |
| Construction | 6.8% | 5.1% |
| Automobiles | 5.9% | 4.9% |
| Diversified FMCG | 4.7% | 4.9% |
The six largest sectors of each fund's stocks, % of the fund.
HDFC BSE India Sector Leaders Index vs Nippon India Index Fund - BSE Sensex Plan: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | HDFC BSE India Sector Leaders Index Fund | Nippon India Index Fund - BSE Sensex Plan |
|---|---|---|
| Total expense ratio (Direct) | 0.31% | 0.21% |
| Base expense ratio (Direct) | 0.20% | 0.17% |
| Total expense ratio (Regular) | 0.76% | 0.51% |
| Base expense ratio (Regular) | 0.60% | 0.42% |
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 India Sector Leaders Index Fund vs Nippon India Index Fund - BSE Sensex Plan: Frequently Asked Questions
What is the difference between HDFC BSE India Sector Leaders Index Fund and Nippon India Index Fund - BSE Sensex Plan?
HDFC BSE India Sector Leaders Index Fund is an Index fund, Nippon India Index Fund - BSE Sensex Plan is a mutual fund, run by HDFC Mutual Fund and Nippon India Mutual Fund. Their portfolios overlap 64.1%. HDFC BSE India Sector Leaders Index Fund charges 0.31% a year and Nippon India Index Fund - BSE Sensex Plan 0.21%.
Which has the lower expense ratio, HDFC BSE India Sector Leaders Index Fund or Nippon India Index Fund - BSE Sensex Plan?
Nippon India Index Fund - BSE Sensex Plan charges less: 0.21% a year against 0.31%. These are the Direct plans' total expense ratios reported to AMFI.
How much do HDFC BSE India Sector Leaders Index Fund and Nippon India Index Fund - BSE Sensex Plan overlap?
64.1%. They hold 24 of the same securities, the largest shared ones being HDFCBANK, BHARTIARTL, ICICIBANK. From each fund's latest monthly portfolio.
Can I invest in both HDFC BSE India Sector Leaders Index Fund and Nippon India Index Fund - BSE Sensex Plan?
Yes. 64.1% 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.