HDFC BSE Sensex ETF vs SBI BSE Sensex ETF
Direct Plan where a fund has one, Growth option · Data as on 30-10-2026
HDFC BSE Sensex ETF is an ETF fund and SBI BSE Sensex ETF is a mutual fund. In the 3 years to 30-10-2026, HDFC BSE Sensex ETF returned 6.2% a year and SBI BSE Sensex ETF (Regular) returned 6.2% a year. HDFC BSE Sensex ETF charges 0.05% a year and SBI BSE Sensex ETF 0.05%. Their portfolios overlap 100.0%: they hold 30 of the same securities.
Which is better, HDFC BSE Sensex ETF or SBI BSE Sensex 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 BSE Sensex ETF returned more over 5 years: 5.9% a year against 5.8%.
- SBI BSE Sensex ETF returned more over 3 years: 6.2% a year against 6.2%.
- SBI BSE Sensex ETF costs less: 0.05% a year against 0.05%.
- HDFC BSE Sensex ETF swung less over 3 years: a standard deviation of 13.3% a year against 13.3%.
- HDFC BSE Sensex ETF fell less in its worst fall since 09-12-2015: −37.9% against −37.9%.
- SBI BSE Sensex ETF is the larger fund: ₹1,15,576 Cr against ₹510 Cr.
- Their portfolios overlap 100.0%: 30 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 Sensex ETF | SBI BSE Sensex ETF |
|---|---|---|
| Fund house | HDFC Mutual Fund | SBI Mutual Fund |
| Category | ETF | Not available |
| AUM | ₹510 Cr (30-09-2026) | ₹1,15,576 Cr (30-09-2026) |
| NAV | ₹84.59 | ₹831.04 (Regular) |
| Expense ratio (Direct) | Not available | Not available |
| Expense ratio (Regular) | Not available | 0.05% |
| Riskometer | Very High | Not available |
| Benchmark | BSE SENSEX TRI | Not available |
| Launch date | 09-12-2015 | Not available |
| Minimum investment | On an On-going Basis: A. On the Stock Exchange: All categories of investors may purchase the Units of the Scheme through the Stock Exchange(s) on which the units of the Scheme are listed, on any trading day in round lot of one (1) Unit and multiples there | Not available |
| Lock in | None | Not available |
| Fund managers | Abhishek Mor, Arun Agarwal | Not available |
| Exit load | Not available | Not available |
HDFC BSE Sensex ETF vs SBI BSE Sensex 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 Sensex ETF | +2.77% | −4.30% | −2.42% | −10.97% | +6.24% | +5.86% | +11.54% |
| SBI BSE Sensex ETF (Regular) | +2.77% | −4.30% | −2.42% | −10.98% | +6.24% | +5.84% | +10.91% |
HDFC BSE Sensex ETF vs SBI BSE Sensex ETF: Year-wise Returns
| Year | HDFCHDFC BSE Sensex ETF | SBISBI BSE Sensex ETF | BSE SENSEX TRI |
|---|---|---|---|
| 2026to date | −11.86% | −11.86% | −11.81% |
| 2025 | +10.32% | +10.31% | +10.38% |
| 2024 | +9.37% | +9.37% | +9.49% |
| 2023 | +20.31% | +20.27% | +20.33% |
| 2022 | +5.76% | +5.72% | +5.80% |
| 2021 | +23.11% | +20.01% | +23.23% |
HDFC BSE Sensex ETF vs SBI BSE Sensex ETF: Rolling Returns
Every holding period of both funds, against BSE SENSEX TRI, the benchmark of both
Rolling returns
Every 3-year holding period, 1,948 of them, one for each trading day from 10-12-2018 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 Sensex ETF
SBI BSE Sensex ETF (Regular)
BSE SENSEX TRI
to
Jul 2019Nov 2017
to
Nov 2020Apr 2019
to
Apr 2022Aug 2020
to
Aug 2023Dec 2021
to
Dec 2024Mar 2023
to
Mar 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 Sensex ETF | 0.3 | 4.1 | 12.5 | 40.5 | 33.5 | 6.8 | 2.4 | 14.0% | 14.5% | −2.8% | 32.0% | 4% |
| SBI BSE Sensex ETF | 0.4 | 4.4 | 13.6 | 48.3 | 26.0 | 5.9 | 1.4 | 13.4% | 13.7% | −3.4% | 30.9% | 0% |
| BSE SENSEX TRI | 0.3 | 3.9 | 12.5 | 39.3 | 34.7 | 6.9 | 2.4 | 14.1% | 14.6% | −2.8% | 32.1% | -- |
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 SENSEX 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 09-12-2015. Past returns do not promise future returns.
HDFC BSE Sensex ETF vs SBI BSE Sensex 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 09-12-2015 to 30-10-2026: 131 instalments, ₹13,10,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| HDFC BSE Sensex ETFHDFC BSE Sensex ETF | ₹13,10,000 | ₹23,50,839 | ₹10,40,839 | 10.3% |
| SBI BSE Sensex ETFSBI BSE Sensex ETF (Regular) | ₹13,10,000 | ₹22,88,766 | ₹9,78,766 | 9.8% |
HDFC BSE Sensex ETFHDFC BSE Sensex ETF
SBI BSE Sensex ETFSBI BSE Sensex ETF (Regular)
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 Sensex ETF vs SBI BSE Sensex ETF: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | HDFC BSE Sensex ETF | SBI BSE Sensex ETF (Regular) |
|---|---|---|
| Return (CAGR) | −10.97% | −10.98% |
| Standard deviation | 13.99% | 13.99% |
| Sharpe ratio | -1.16 | -1.16 |
| Sortino ratio | -1.55 | -1.55 |
| Maximum drawdown | −16.1% (31-03-2026) | −16.1% (31-03-2026) |
| Beta | 1.00 | 1.00 |
| Alpha | −0.07% | −0.07% |
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 Sensex ETF | SBI BSE Sensex ETF (Regular) |
|---|---|---|
| Return (CAGR) | +6.24% | +6.24% |
| Standard deviation | 13.26% | 13.26% |
| Sharpe ratio | 0.02 | 0.02 |
| Sortino ratio | 0.02 | 0.02 |
| Maximum drawdown | −16.1% (31-03-2026) | −16.1% (31-03-2026) |
| Beta | 1.00 | 1.00 |
| Alpha | −0.08% | −0.08% |
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 Sensex ETF | SBI BSE Sensex ETF (Regular) |
|---|---|---|
| Return (CAGR) | +5.86% | +5.84% |
| Standard deviation | 13.76% | 13.77% |
| Sharpe ratio | 0.00 | 0.00 |
| Sortino ratio | 0.01 | 0.00 |
| Maximum drawdown | −16.1% (31-03-2026) | −16.1% (31-03-2026) |
| Beta | 1.00 | 1.00 |
| Alpha | −0.06% | −0.08% |
From daily NAVs, 29-10-2021 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 Sensex ETF | SBI BSE Sensex ETF (Regular) |
|---|---|---|
| Return (CAGR) | +11.84% | +11.58% |
| Standard deviation | 16.01% | 15.98% |
| Sharpe ratio | 0.40 | 0.35 |
| Sortino ratio | 0.55 | 0.48 |
| Maximum drawdown | −37.9% (23-03-2020) | −37.9% (23-03-2020) |
| Beta | 1.00 | 1.00 |
| Alpha | −0.03% | −0.53% |
From daily NAVs, 09-12-2015 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 Sensex ETF
SBI BSE Sensex ETF (Regular)
BSE SENSEX TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| HDFC BSE Sensex ETF | −37.9% | 14-01-2020 | 23-03-2020 | 06-11-2020 | 7 months | −12.4% |
| SBI BSE Sensex ETF (Regular) | −37.9% | 14-01-2020 | 23-03-2020 | 06-11-2020 | 7 months | −12.4% |
| BSE SENSEX TRI | −37.9% | 14-01-2020 | 23-03-2020 | 06-11-2020 | 7 months | −12.4% |
From daily values since 09-12-2015, 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 Sensex ETF
SBI BSE Sensex ETF (Regular)
BSE SENSEX 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 Sensex ETF
SBI BSE Sensex ETF (Regular)
BSE SENSEX TRI
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 5-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
HDFC BSE Sensex ETF
SBI BSE Sensex ETF (Regular)
BSE SENSEX TRI
Against BSE SENSEX TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| HDFC BSE Sensex ETF | 100% | 100% | 0.15% |
| SBI BSE Sensex ETF (Regular) | 98% | 101% | 0.86% |
From month-end values since 09-12-2015. 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 Sensex ETF vs SBI BSE Sensex ETF: Portfolio Overlap
From each fund's latest monthly portfolio: HDFC BSE Sensex ETF, September 2026; SBI BSE Sensex ETF, September 2026
Holdings in common
- Overlap
- 100.0%
- Held by both
- 30
- Only in HDFC BSE Sensex ETF
- 0
- Only in SBI BSE Sensex ETF
- 0
| Security | % of HDFC BSE Sensex ETF | % of SBI BSE Sensex ETF |
|---|---|---|
| HDFC Bank Ltd. | 12.59% | 12.59% |
| ICICI Bank Ltd. | 11.03% | 11.03% |
| Reliance Industries Ltd. | 9.15% | 9.15% |
| Bharti Airtel Ltd. | 6.38% | 6.38% |
| Larsen and Toubro Ltd. | 5.11% | 5.11% |
| State Bank of India | 4.64% | 4.64% |
| Infosys Limited | 4.08% | 4.08% |
| Axis Bank Ltd. | 4.08% | 4.08% |
| Kotak Mahindra Bank Limited | 3.57% | 3.57% |
| Mahindra & Mahindra Ltd. | 3.07% | 3.07% |
| Bajaj Finance Ltd. | 2.99% | 2.99% |
| ITC LIMITED | 2.96% | 2.96% |
| Eternal Limited | 2.69% | 2.69% |
| Tata Consultancy Services Ltd. | 2.41% | 2.41% |
| Sun Pharmaceutical Industries Ltd. | 2.28% | 2.28% |
| Titan Company Ltd. | 2.18% | 2.18% |
| Hindustan Unilever Ltd. | 1.95% | 1.95% |
| Maruti Suzuki India Limited | 1.79% | 1.79% |
| NTPC Limited | 1.78% | 1.78% |
| Tata Steel Ltd. | 1.77% | 1.77% |
| Adani Ports & Special Economic Zone | 1.63% | 1.63% |
| Bharat Electronics Ltd. | 1.62% | 1.62% |
| HCL Technologies Ltd. | 1.51% | 1.51% |
| UltraTech Cement Limited | 1.50% | 1.50% |
| Power Grid Corporation of India Ltd. | 1.38% | 1.38% |
| InterGlobe Aviation Ltd. | 1.30% | 1.30% |
| Asian Paints Limited | 1.26% | 1.26% |
| Tech Mahindra Ltd. | 1.14% | 1.14% |
| Bajaj Finserv Ltd. | 1.13% | 1.13% |
| Trent Ltd. | 1.01% | 1.01% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 100.0% means 100.0% 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 Sensex ETF
Every holding of this fund is also held by the other.
Largest holdings only in SBI BSE Sensex 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 | HDFC BSE Sensex ETF | SBI BSE Sensex ETF |
|---|---|---|
| Equity | 100.0% | 100.0% |
| Debt | 0.0% | 0.0% |
| Cash and others | 0.0% | 0.0% |
Market cap of stocks
| Market cap | HDFC BSE Sensex ETF | SBI BSE Sensex ETF |
|---|---|---|
| Large Cap | 100.0% | 100.0% |
| Mid Cap | 0.0% | 0.0% |
| 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 | HDFC BSE Sensex ETF | SBI BSE Sensex ETF |
|---|---|---|
| Banks | 35.9% | 35.9% |
| Petroleum Products | 9.2% | 9.2% |
| IT - Software | 9.1% | 9.1% |
| Telecom - Services | 6.4% | 6.4% |
| Construction | 5.1% | 5.1% |
| Diversified FMCG | 4.9% | 4.9% |
The six largest sectors of each fund's stocks, % of the fund.
HDFC BSE Sensex ETF vs SBI BSE Sensex ETF: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | HDFC BSE Sensex ETF | SBI BSE Sensex ETF |
|---|---|---|
| Base expense ratio (Direct) | 0.00% | 0.00% |
| Total expense ratio (Regular) | Not available | 0.05% |
| Base expense ratio (Regular) | 0.04% | 0.04% |
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 Sensex ETF vs SBI BSE Sensex ETF: Frequently Asked Questions
What is the difference between HDFC BSE Sensex ETF and SBI BSE Sensex ETF?
HDFC BSE Sensex ETF is an ETF fund, SBI BSE Sensex ETF is a mutual fund, run by HDFC Mutual Fund and SBI Mutual Fund. Their portfolios overlap 100.0%. HDFC BSE Sensex ETF charges 0.05% a year and SBI BSE Sensex ETF 0.05%.
Which has given higher returns, HDFC BSE Sensex ETF or SBI BSE Sensex ETF?
Over 1 year: HDFC BSE Sensex ETF −10.97%, SBI BSE Sensex ETF −10.98%. Over 3 years: HDFC BSE Sensex ETF +6.24% a year, SBI BSE Sensex ETF +6.24% a year. Over 5 years: HDFC BSE Sensex ETF +5.86% a year, SBI BSE Sensex ETF +5.84% a year. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, HDFC BSE Sensex ETF or SBI BSE Sensex ETF?
SBI BSE Sensex ETF charges less: 0.05% a year against 0.05%. These are the total expense ratios reported to AMFI.
How much do HDFC BSE Sensex ETF and SBI BSE Sensex ETF overlap?
100.0%. They hold 30 of the same securities, the largest shared ones being HDFCBANK, ICICIBANK, RELIANCE. From each fund's latest monthly portfolio.
Which is better for SIP, HDFC BSE Sensex ETF or SBI BSE Sensex ETF?
Over the last 5 years, a monthly SIP of ₹10,000 from 01-10-2021 to 30-10-2026 grew to ₹6,78,847 in HDFC BSE Sensex ETF (XIRR 4.2% a year) and ₹6,78,674 in SBI BSE Sensex ETF (XIRR 4.2% a year). Both received 61 instalments. Past returns do not promise future returns.
Can I invest in both HDFC BSE Sensex ETF and SBI BSE Sensex ETF?
Yes. 100.0% 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.