HDFC Nifty Growth Sectors 15 ETF vs Mirae Asset Nifty Top 20 Equal Weight ETF
Direct Plan where a fund has one, Growth option · Data as on 30-10-2026
HDFC Nifty Growth Sectors 15 ETF is an ETF fund and Mirae Asset Nifty Top 20 Equal Weight ETF is a mutual fund. HDFC Nifty Growth Sectors 15 ETF charges 0.32% a year and Mirae Asset Nifty Top 20 Equal Weight ETF 0.26%. Their portfolios overlap 39.9%: they hold 8 of the same securities.
Mirae Asset Nifty Top 20 Equal Weight ETF
- Expense ratio
- 0.26%
- NAV
- ₹8.69
Which is better, HDFC Nifty Growth Sectors 15 ETF or Mirae Asset Nifty Top 20 Equal Weight ETF? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Mirae Asset Nifty Top 20 Equal Weight ETF costs less: 0.26% a year against 0.32%.
- Mirae Asset Nifty Top 20 Equal Weight ETF fell less in its worst fall since 16-12-2025: −16.0% against −19.4%.
- HDFC Nifty Growth Sectors 15 ETF is the larger fund: ₹19 Cr against ₹14 Cr.
- Their portfolios overlap 39.9%: 8 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 Growth Sectors 15 ETF | Mirae Asset Nifty Top 20 Equal Weight ETF |
|---|---|---|
| Fund house | HDFC Mutual Fund | Mirae Asset Mutual Fund |
| Category | ETF | Not available |
| AUM | ₹19 Cr (30-09-2026) | ₹14 Cr (30-09-2026) |
| NAV | ₹116.55 | ₹8.69 |
| Expense ratio (Direct) | Not available | Not available |
| Expense ratio (Regular) | Not available | Not available |
| Riskometer | Very High | Not available |
| Benchmark | Nifty Growth Sectors 15 TRI | Not available |
| Launch date | 23-09-2022 | Not available |
| Minimum investment | On an On-going Basis: A. On the Stock Exchange: Investors (including Market Makers and Large Investors) can subscribe (buy) Units on a continuous basis on the Stock Exchanges, in minimum lot of 1 (one) unit and in multiples thereof. B. Directly with the F | Not available |
| Lock in | None | Not available |
| Fund managers | Abhishek Mor, Arun Agarwal | Not available |
| Exit load | Not available | Not available |
HDFC Nifty Growth Sectors 15 ETF vs Mirae Asset Nifty Top 20 Equal Weight 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 Nifty Growth Sectors 15 ETF | +5.56% | −4.56% | +2.14% | −6.87% | +6.08% | -- | -- |
| Mirae Asset Nifty Top 20 Equal Weight ETF | +3.84% | −3.73% | −0.27% | -- | -- | -- | -- |
HDFC Nifty Growth Sectors 15 ETF vs Mirae Asset Nifty Top 20 Equal Weight ETF: Year-wise Returns
| Year | HDFC Nifty Growth Sectors 15HDFC Nifty Growth Sectors 15 ETF | Mirae Asset Nifty Top 20 Equal WeightMirae Asset Nifty Top 20 Equal Weight ETF |
|---|---|---|
| 2026to date | −10.18% | −10.27% |
| 2025 | +6.74% | -- |
| 2024 | +11.46% | -- |
| 2023 | +26.07% | -- |
HDFC Nifty Growth Sectors 15 ETF vs Mirae Asset Nifty Top 20 Equal Weight ETF: Rolling Returns
Every holding period of both funds, against Nifty Growth Sectors 15 TRI, the benchmark of HDFC Nifty Growth Sectors 15 ETF
HDFC Nifty Growth Sectors 15 ETF vs Mirae Asset Nifty Top 20 Equal Weight ETF: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | HDFC Nifty Growth Sectors 15 ETF | Mirae Asset Nifty Top 20 Equal Weight ETF |
|---|---|---|
| Return (CAGR) | +6.81% | −11.00% |
| Standard deviation | 12.75% | 14.95% |
| Sharpe ratio | 0.05 | -1.09 |
| Sortino ratio | 0.07 | -1.45 |
| Maximum drawdown | −21.9% (07-04-2025) | −16.0% (30-03-2026) |
| Beta | 1.00 | 1.00 |
| Alpha | −0.47% | −0.12% |
From daily NAVs, 23-09-2022 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 Growth Sectors 15 ETF
Mirae Asset Nifty Top 20 Equal Weight ETF
Nifty Growth Sectors 15 TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| HDFC Nifty Growth Sectors 15 ETF | −19.4% | 07-01-2026 | 08-10-2026 | Not yet | -- | −12.3% |
| Mirae Asset Nifty Top 20 Equal Weight ETF | −16.0% | 22-12-2025 | 30-03-2026 | Not yet | -- | −10.6% |
| Nifty Growth Sectors 15 TRI | −19.1% | 07-01-2026 | 08-10-2026 | Not yet | -- | −12.1% |
From daily values since 16-12-2025, the first day every fund has.
HDFC Nifty Growth Sectors 15 ETF vs Mirae Asset Nifty Top 20 Equal Weight ETF: Portfolio Overlap
From each fund's latest monthly portfolio: HDFC Nifty Growth Sectors 15 ETF, September 2026; Mirae Asset Nifty Top 20 Equal Weight ETF, September 2026
Holdings in common
- Overlap
- 39.9%
- Held by both
- 8
- Only in HDFC Nifty Growth Sectors 15 ETF
- 7
- Only in Mirae Asset Nifty Top 20 Equal Weight ETF
- 12
| Security | % of HDFC Nifty Growth Sectors 15 ETF | % of Mirae Asset Nifty Top 20 Equal Weight ETF |
|---|---|---|
| Infosys Limited | 15.12% | 5.08% |
| Maruti Suzuki India Limited | 6.70% | 5.06% |
| Tata Consultancy Services Ltd. | 9.02% | 5.03% |
| Sun Pharmaceutical Industries Ltd. | 8.29% | 5.01% |
| HCL Technologies Ltd. | 5.58% | 4.99% |
| Mahindra & Mahindra Ltd. | 11.35% | 4.96% |
| Hindustan Unilever Ltd. | 7.18% | 4.94% |
| Titan Company Ltd. | 8.16% | 4.79% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 39.9% means 39.9% 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 Nifty Growth Sectors 15 ETF
| Security | % of fund |
|---|---|
| Divis Laboratories Ltd. | 5.09% |
| Eicher Motors Ltd. | 4.25% |
| Tech Mahindra Ltd. | 4.17% |
| TVS Motor Company Ltd. | 4.15% |
| Nestle India Ltd. | 4.05% |
Largest holdings only in Mirae Asset Nifty Top 20 Equal Weight ETF
| Security | % of fund |
|---|---|
| Kotak Mahindra Bank Ltd. | 5.27% |
| Axis Bank Ltd. | 5.12% |
| ICICI Bank Ltd. | 5.09% |
| NTPC Ltd. | 5.05% |
| Bharti Airtel Ltd. | 5.02% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | HDFC Nifty Growth Sectors 15 ETF | Mirae Asset Nifty Top 20 Equal Weight 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 Nifty Growth Sectors 15 ETF | Mirae Asset Nifty Top 20 Equal Weight 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 Nifty Growth Sectors 15 ETF | Mirae Asset Nifty Top 20 Equal Weight ETF |
|---|---|---|
| IT - Software | 33.9% | 15.1% |
| Automobiles | 26.4% | 10.0% |
| Banks | 0.0% | 25.4% |
| Pharmaceuticals & Biotechnology | 16.6% | 5.0% |
| Diversified FMCG | 7.2% | 9.9% |
| Consumer Durables | 8.2% | 4.8% |
| Power | 0.0% | 5.0% |
| Telecom - Services | 0.0% | 5.0% |
| Food Products | 4.0% | 0.0% |
The six largest sectors of each fund's stocks, % of the fund.
HDFC Nifty Growth Sectors 15 ETF vs Mirae Asset Nifty Top 20 Equal Weight ETF: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | HDFC Nifty Growth Sectors 15 ETF | Mirae Asset Nifty Top 20 Equal Weight ETF |
|---|---|---|
| Base expense ratio (Direct) | 0.00% | 0.00% |
| Base expense ratio (Regular) | 0.25% | 0.09% |
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 Growth Sectors 15 ETF vs Mirae Asset Nifty Top 20 Equal Weight ETF: Frequently Asked Questions
What is the difference between HDFC Nifty Growth Sectors 15 ETF and Mirae Asset Nifty Top 20 Equal Weight ETF?
HDFC Nifty Growth Sectors 15 ETF is an ETF fund, Mirae Asset Nifty Top 20 Equal Weight ETF is a mutual fund, run by HDFC Mutual Fund and Mirae Asset Mutual Fund. Their portfolios overlap 39.9%. HDFC Nifty Growth Sectors 15 ETF charges 0.32% a year and Mirae Asset Nifty Top 20 Equal Weight ETF 0.26%.
Which has the lower expense ratio, HDFC Nifty Growth Sectors 15 ETF or Mirae Asset Nifty Top 20 Equal Weight ETF?
Mirae Asset Nifty Top 20 Equal Weight ETF charges less: 0.26% a year against 0.32%. These are the total expense ratios reported to AMFI.
How much do HDFC Nifty Growth Sectors 15 ETF and Mirae Asset Nifty Top 20 Equal Weight ETF overlap?
39.9%. They hold 8 of the same securities, the largest shared ones being INFY, MARUTI, TCS. From each fund's latest monthly portfolio.
Can I invest in both HDFC Nifty Growth Sectors 15 ETF and Mirae Asset Nifty Top 20 Equal Weight ETF?
Yes. 39.9% of each fund's money sits in the same holdings, so some 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.