HDFC NIFTY 50 ETF vs Nippon India ETF Nifty 50 BeES
Direct Plan where a fund has one, Growth option · Data as on 30-10-2026
HDFC NIFTY 50 ETF is an ETF fund and Nippon India ETF Nifty 50 BeES is a mutual fund. In the 3 years to 30-10-2026, HDFC NIFTY 50 ETF returned 7.6% a year and Nippon India ETF Nifty 50 BeES (Direct) returned 7.6% a year. HDFC NIFTY 50 ETF charges 0.06% a year and Nippon India ETF Nifty 50 BeES 0.05%. Their portfolios overlap 100.0%: they hold 50 of the same securities.
Nippon India ETF Nifty 50 BeES
- 3 year return
- 7.6%
- Expense ratio
- 0.05%
- NAV
- ₹263.04
Which is better, HDFC NIFTY 50 ETF or Nippon India ETF Nifty 50 BeES? 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 ETF Nifty 50 BeES returned more over 5 years: 6.7% a year against 6.6%.
- Nippon India ETF Nifty 50 BeES returned more over 3 years: 7.6% a year against 7.6%.
- Nippon India ETF Nifty 50 BeES costs less: 0.05% a year against 0.06%.
- Nippon India ETF Nifty 50 BeES swung less over 3 years: a standard deviation of 13.2% a year against 13.2%.
- Nippon India ETF Nifty 50 BeES fell less in its worst fall since 07-11-2016: −38.4% against −38.4%.
- Nippon India ETF Nifty 50 BeES is the larger fund: ₹65,179 Cr against ₹4,987 Cr.
- Their portfolios overlap 100.0%: 50 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 NIFTY 50 ETF | Nippon India ETF Nifty 50 BeES |
|---|---|---|
| Fund house | HDFC Mutual Fund | Nippon India Mutual Fund |
| Category | ETF | Not available |
| AUM | ₹4,987 Cr (30-09-2026) | ₹65,179 Cr (30-09-2026) |
| NAV | ₹260.18 | ₹263.04 (Direct) |
| Expense ratio (Direct) | Not available | 0.05% |
| Expense ratio (Regular) | Not available | Not available |
| Riskometer | Very High | Not available |
| Benchmark | Nifty 50 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 NIFTY 50 ETF vs Nippon India ETF Nifty 50 BeES: 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 NIFTY 50 ETF | +1.95% | −5.02% | −3.16% | −10.04% | +7.56% | +6.64% | +11.54% |
| Nippon India ETF Nifty 50 BeES (Direct) | +1.95% | −5.02% | −3.14% | −10.02% | +7.58% | +6.65% | -- |
HDFC NIFTY 50 ETF vs Nippon India ETF Nifty 50 BeES: Year-wise Returns
| Year | HDFC NIFTY 50 ETFHDFC NIFTY 50 ETF | Nippon India ETF Nifty 50 BeESNippon India ETF Nifty 50 BeES | Nifty 50 TRI |
|---|---|---|---|
| 2026to date | −10.94% | −10.92% | −10.91% |
| 2025 | +11.83% | +11.84% | +11.88% |
| 2024 | +9.99% | +10.00% | +10.09% |
| 2023 | +21.25% | +21.27% | +21.30% |
| 2022 | +5.62% | +5.64% | +5.69% |
| 2021 | +25.50% | +25.51% | +25.59% |
HDFC NIFTY 50 ETF vs Nippon India ETF Nifty 50 BeES: Rolling Returns
Every holding period of both funds, against Nifty 50 TRI, the benchmark of both
Rolling returns
Every 3-year holding period, 1,726 of them, one for each trading day from 07-11-2019 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 NIFTY 50 ETF
Nippon India ETF Nifty 50 BeES (Direct)
Nifty 50 TRI
to
May 2020Aug 2018
to
Aug 2021Oct 2019
to
Oct 2022Dec 2020
to
Dec 2023Feb 2022
to
Feb 2025Apr 2023
to
Apr 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 NIFTY 50 ETF | 1.1 | 4.8 | 12.1 | 39.2 | 32.7 | 7.2 | 2.8 | 14.0% | 14.4% | −4.6% | 32.3% | 0% |
| Nippon India ETF Nifty 50 BeES | 1.1 | 4.6 | 12.2 | 39.2 | 32.9 | 7.3 | 2.8 | 14.1% | 14.5% | −4.6% | 32.3% | 0% |
| Nifty 50 TRI | 1.0 | 4.3 | 12.3 | 38.1 | 33.8 | 7.5 | 2.8 | 14.1% | 14.6% | −4.5% | 32.4% | -- |
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 Nifty 50 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 07-11-2016. Past returns do not promise future returns.
HDFC NIFTY 50 ETF vs Nippon India ETF Nifty 50 BeES: 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 01-11-2016 to 30-10-2026: 120 instalments, ₹12,00,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| HDFC NIFTY 50 ETFHDFC NIFTY 50 ETF | ₹12,00,000 | ₹20,46,950 | ₹8,46,950 | 10.3% |
| Nippon India ETF Nifty 50 BeESNippon India ETF Nifty 50 BeES (Direct) | ₹12,00,000 | ₹20,49,914 | ₹8,49,914 | 10.3% |
HDFC NIFTY 50 ETFHDFC NIFTY 50 ETF
Nippon India ETF Nifty 50 BeESNippon India ETF Nifty 50 BeES (Direct)
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 NIFTY 50 ETF vs Nippon India ETF Nifty 50 BeES: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | HDFC NIFTY 50 ETF | Nippon India ETF Nifty 50 BeES (Direct) |
|---|---|---|
| Return (CAGR) | −10.04% | −10.02% |
| Standard deviation | 13.76% | 13.76% |
| Sharpe ratio | -1.11 | -1.11 |
| Sortino ratio | -1.48 | -1.48 |
| Maximum drawdown | −15.1% (31-03-2026) | −15.1% (31-03-2026) |
| Beta | 1.00 | 1.00 |
| Alpha | −0.06% | −0.03% |
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 NIFTY 50 ETF | Nippon India ETF Nifty 50 BeES (Direct) |
|---|---|---|
| Return (CAGR) | +7.56% | +7.58% |
| Standard deviation | 13.24% | 13.24% |
| Sharpe ratio | 0.12 | 0.12 |
| Sortino ratio | 0.16 | 0.16 |
| Maximum drawdown | −15.4% (04-03-2025) | −15.4% (04-03-2025) |
| Beta | 1.00 | 1.00 |
| Alpha | −0.07% | −0.05% |
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 NIFTY 50 ETF | Nippon India ETF Nifty 50 BeES (Direct) |
|---|---|---|
| Return (CAGR) | +6.64% | +6.65% |
| Standard deviation | 13.71% | 13.71% |
| Sharpe ratio | 0.06 | 0.06 |
| Sortino ratio | 0.08 | 0.09 |
| Maximum drawdown | −15.8% (17-06-2022) | −15.8% (17-06-2022) |
| Beta | 1.00 | 1.00 |
| Alpha | −0.06% | −0.05% |
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 NIFTY 50 ETF | Nippon India ETF Nifty 50 BeES (Direct) |
|---|---|---|
| Return (CAGR) | +11.96% | +11.76% |
| Standard deviation | 15.92% | 16.04% |
| Sharpe ratio | 0.41 | 0.40 |
| Sortino ratio | 0.56 | 0.54 |
| Maximum drawdown | −38.4% (23-03-2020) | −38.4% (23-03-2020) |
| Beta | 1.00 | 1.00 |
| Alpha | −0.10% | −0.09% |
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 NIFTY 50 ETF
Nippon India ETF Nifty 50 BeES (Direct)
Nifty 50 TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| HDFC NIFTY 50 ETF | −38.4% | 14-01-2020 | 23-03-2020 | 09-11-2020 | 8 months | −11.6% |
| Nippon India ETF Nifty 50 BeES (Direct) | −38.4% | 14-01-2020 | 23-03-2020 | 09-11-2020 | 8 months | −11.6% |
| Nifty 50 TRI | −38.3% | 14-01-2020 | 23-03-2020 | 06-11-2020 | 7 months | −11.6% |
From daily values since 07-11-2016, 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 NIFTY 50 ETF
Nippon India ETF Nifty 50 BeES (Direct)
Nifty 50 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 NIFTY 50 ETF
Nippon India ETF Nifty 50 BeES (Direct)
Nifty 50 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 NIFTY 50 ETF
Nippon India ETF Nifty 50 BeES (Direct)
Nifty 50 TRI
Against Nifty 50 TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| HDFC NIFTY 50 ETF | 100% | 100% | 0.08% |
| Nippon India ETF Nifty 50 BeES (Direct) | 100% | 100% | 0.06% |
From month-end values since 07-11-2016. 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 NIFTY 50 ETF vs Nippon India ETF Nifty 50 BeES: Portfolio Overlap
From each fund's latest monthly portfolio: HDFC NIFTY 50 ETF, September 2026; Nippon India ETF Nifty 50 BeES, September 2026
Holdings in common
- Overlap
- 100.0%
- Held by both
- 50
- Only in HDFC NIFTY 50 ETF
- 0
- Only in Nippon India ETF Nifty 50 BeES
- 0
| Security | % of HDFC NIFTY 50 ETF | % of Nippon India ETF Nifty 50 BeES |
|---|---|---|
| HDFC Bank Ltd. | 10.38% | 10.38% |
| ICICI Bank Ltd. | 9.05% | 9.05% |
| Reliance Industries Ltd. | 7.58% | 7.58% |
| Bharti Airtel Ltd. | 5.10% | 5.10% |
| Larsen and Toubro Ltd. | 4.20% | 4.20% |
| State Bank of India | 3.79% | 3.79% |
| Axis Bank Ltd. | 3.37% | 3.37% |
| Infosys Limited | 3.35% | 3.35% |
| Kotak Mahindra Bank Limited | 2.93% | 2.93% |
| Mahindra & Mahindra Ltd. | 2.52% | 2.52% |
| Bajaj Finance Ltd. | 2.50% | 2.50% |
| ITC LIMITED | 2.42% | 2.42% |
| Eternal Limited | 2.22% | 2.22% |
| Tata Consultancy Services Ltd. | 2.00% | 2.00% |
| Sun Pharmaceutical Industries Ltd. | 1.84% | 1.84% |
| Titan Company Ltd. | 1.81% | 1.81% |
| Hindustan Unilever Ltd. | 1.59% | 1.59% |
| Maruti Suzuki India Limited | 1.49% | 1.49% |
| NTPC Limited | 1.47% | 1.47% |
| Tata Steel Ltd. | 1.46% | 1.46% |
| Adani Ports & Special Economic Zone | 1.35% | 1.35% |
| Bharat Electronics Ltd. | 1.33% | 1.33% |
| Shriram Finance Ltd. | 1.32% | 1.32% |
| Hindalco Industries Ltd. | 1.30% | 1.30% |
| HCL Technologies Ltd. | 1.24% | 1.24% |
| UltraTech Cement Limited | 1.24% | 1.24% |
| Bombay Stock Exchange Limited (BSE) | 1.21% | 1.21% |
| JSW Steel Ltd. | 1.15% | 1.15% |
| Bajaj Auto Limited | 1.13% | 1.13% |
| Power Grid Corporation of India Ltd. | 1.13% | 1.13% |
| Grasim Industries Ltd. | 1.10% | 1.10% |
| InterGlobe Aviation Ltd. | 1.08% | 1.08% |
| Asian Paints Limited | 1.04% | 1.04% |
| Coal India Ltd. | 0.97% | 0.97% |
| Bajaj Finserv Ltd. | 0.96% | 0.96% |
| ADANI ENTERPRISES LIMTIED | 0.94% | 0.94% |
| Eicher Motors Ltd. | 0.94% | 0.94% |
| Tech Mahindra Ltd. | 0.92% | 0.92% |
| Nestle India Ltd. | 0.90% | 0.90% |
| Oil & Natural Gas Corporation Ltd. | 0.84% | 0.84% |
| Trent Ltd. | 0.83% | 0.83% |
| Apollo Hospitals Enterprise Ltd. | 0.80% | 0.80% |
| SBI Life Insurance Company Ltd. | 0.73% | 0.73% |
| Dr Reddys Laboratories Ltd. | 0.72% | 0.72% |
| Cipla Ltd. | 0.72% | 0.72% |
| Jio Financial Services Limited | 0.68% | 0.68% |
| Max Healthcare Institute Limited | 0.66% | 0.66% |
| Tata Consumer Products Limited | 0.59% | 0.59% |
| Tata Motors Passenger Vehicles Limited | 0.57% | 0.57% |
| HDFC Life Insurance Company Limited | 0.54% | 0.54% |
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 NIFTY 50 ETF
Every holding of this fund is also held by the other.
Largest holdings only in Nippon India ETF Nifty 50 BeES
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 NIFTY 50 ETF | Nippon India ETF Nifty 50 BeES |
|---|---|---|
| Equity | 100.0% | 100.0% |
| Debt | 0.0% | 0.0% |
| Cash and others | 0.0% | 0.0% |
Market cap of stocks
| Market cap | HDFC NIFTY 50 ETF | Nippon India ETF Nifty 50 BeES |
|---|---|---|
| Large Cap | 98.6% | 98.6% |
| Mid Cap | 1.4% | 1.4% |
| 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 NIFTY 50 ETF | Nippon India ETF Nifty 50 BeES |
|---|---|---|
| Banks | 29.5% | 29.5% |
| Petroleum Products | 7.6% | 7.6% |
| IT - Software | 7.5% | 7.5% |
| Automobiles | 6.7% | 6.7% |
| Finance | 5.5% | 5.5% |
| Telecom - Services | 5.1% | 5.1% |
The six largest sectors of each fund's stocks, % of the fund.
HDFC NIFTY 50 ETF vs Nippon India ETF Nifty 50 BeES: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | HDFC NIFTY 50 ETF | Nippon India ETF Nifty 50 BeES |
|---|---|---|
| Total expense ratio (Direct) | Not available | 0.05% |
| Base expense ratio (Direct) | 0.00% | 0.03% |
| Base expense ratio (Regular) | 0.04% | 0.00% |
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 NIFTY 50 ETF vs Nippon India ETF Nifty 50 BeES: Frequently Asked Questions
What is the difference between HDFC NIFTY 50 ETF and Nippon India ETF Nifty 50 BeES?
HDFC NIFTY 50 ETF is an ETF fund, Nippon India ETF Nifty 50 BeES is a mutual fund, run by HDFC Mutual Fund and Nippon India Mutual Fund. Their portfolios overlap 100.0%. HDFC NIFTY 50 ETF charges 0.06% a year and Nippon India ETF Nifty 50 BeES 0.05%.
Which has given higher returns, HDFC NIFTY 50 ETF or Nippon India ETF Nifty 50 BeES?
Over 1 year: HDFC NIFTY 50 ETF −10.04%, Nippon India ETF Nifty 50 BeES −10.02%. Over 3 years: HDFC NIFTY 50 ETF +7.56% a year, Nippon India ETF Nifty 50 BeES +7.58% a year. Over 5 years: HDFC NIFTY 50 ETF +6.64% a year, Nippon India ETF Nifty 50 BeES +6.65% a year. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, HDFC NIFTY 50 ETF or Nippon India ETF Nifty 50 BeES?
Nippon India ETF Nifty 50 BeES charges less: 0.05% a year against 0.06%. These are the total expense ratios reported to AMFI.
How much do HDFC NIFTY 50 ETF and Nippon India ETF Nifty 50 BeES overlap?
100.0%. They hold 50 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 NIFTY 50 ETF or Nippon India ETF Nifty 50 BeES?
Over the last 5 years, a monthly SIP of ₹10,000 from 01-10-2021 to 30-10-2026 grew to ₹6,96,291 in HDFC NIFTY 50 ETF (XIRR 5.2% a year) and ₹6,96,613 in Nippon India ETF Nifty 50 BeES (XIRR 5.2% a year). Both received 61 instalments. Past returns do not promise future returns.
Can I invest in both HDFC NIFTY 50 ETF and Nippon India ETF Nifty 50 BeES?
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.