HDFC Nifty Growth Sectors 15 ETF vs Nippon India ETF Nifty 50 Shariah BeES
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 Nippon India ETF Nifty 50 Shariah BeES is a mutual fund. In the 3 years to 30-10-2026, HDFC Nifty Growth Sectors 15 ETF returned 6.1% a year and Nippon India ETF Nifty 50 Shariah BeES (Direct) returned 1.7% a year. HDFC Nifty Growth Sectors 15 ETF charges 0.32% a year and Nippon India ETF Nifty 50 Shariah BeES 1.01%. Their portfolios overlap 55.6%: they hold 8 of the same securities.
HDFC Nifty Growth Sectors 15 ETF
ETF
- 3 year return
- 6.1%
- Expense ratio
- 0.32%
- NAV
- ₹116.55
Nippon India ETF Nifty 50 Shariah BeES
- 3 year return
- 1.7%
- Expense ratio
- 1.01%
- NAV
- ₹450.55
Which is better, HDFC Nifty Growth Sectors 15 ETF or Nippon India ETF Nifty 50 Shariah BeES? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- HDFC Nifty Growth Sectors 15 ETF returned more over 3 years: 6.1% a year against 1.7%.
- HDFC Nifty Growth Sectors 15 ETF returned more over 1 year: −6.9% against −10.4%.
- HDFC Nifty Growth Sectors 15 ETF costs less: 0.32% a year against 1.01%.
- Nippon India ETF Nifty 50 Shariah BeES swung less over 3 years: a standard deviation of 13.5% a year against 13.7%.
- HDFC Nifty Growth Sectors 15 ETF fell less in its worst fall since 23-09-2022: −21.9% against −31.0%.
- Nippon India ETF Nifty 50 Shariah BeES is the larger fund: ₹57 Cr against ₹19 Cr.
- Their portfolios overlap 55.6%: 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 | Nippon India ETF Nifty 50 Shariah BeES |
|---|---|---|
| Fund house | HDFC Mutual Fund | Nippon India Mutual Fund |
| Category | ETF | Not available |
| AUM | ₹19 Cr (30-09-2026) | ₹57 Cr (30-09-2026) |
| NAV | ₹116.55 | ₹450.55 (Direct) |
| Expense ratio (Direct) | Not available | 1.01% |
| 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 Nippon India ETF Nifty 50 Shariah 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 Growth Sectors 15 ETF | +5.56% | −4.56% | +2.14% | −6.87% | +6.08% | -- | -- |
| Nippon India ETF Nifty 50 Shariah BeES (Direct) | +6.89% | −4.96% | −3.17% | −10.42% | +1.70% | +0.83% | -- |
HDFC Nifty Growth Sectors 15 ETF vs Nippon India ETF Nifty 50 Shariah BeES: Year-wise Returns
| Year | HDFC Nifty Growth Sectors 15 ETFHDFC Nifty Growth Sectors 15 ETF | Nippon India ETF Nifty 50 Shariah BeESNippon India ETF Nifty 50 Shariah BeES |
|---|---|---|
| 2026to date | −10.18% | −12.54% |
| 2025 | +6.74% | −3.67% |
| 2024 | +11.46% | +9.32% |
| 2023 | +26.07% | +17.98% |
| 2022 | -- | −10.01% |
| 2021 | -- | +30.70% |
HDFC Nifty Growth Sectors 15 ETF vs Nippon India ETF Nifty 50 Shariah BeES: Rolling Returns
Every holding period of both funds, against Nifty Growth Sectors 15 TRI, the benchmark of HDFC Nifty Growth Sectors 15 ETF
Rolling returns
Every 3-year holding period, 271 of them, one for each trading day from 23-09-2025 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 Growth Sectors 15 ETF
Nippon India ETF Nifty 50 Shariah BeES (Direct)
Nifty Growth Sectors 15 TRI
to
Oct 2025Jan 2023
to
Jan 2026Mar 2023
to
Mar 2026May 2023
to
May 2026Jul 2023
to
Jul 2026Sept 2023
to
Sept 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 Growth Sectors 15 ETF | 0.0 | 10.3 | 45.4 | 43.2 | 1.1 | 0.0 | 0.0 | 9.2% | 9.1% | 2.3% | 15.2% | 0% |
| Nippon India ETF Nifty 50 Shariah BeES | 10.0 | 35.4 | 54.6 | 0.0 | 0.0 | 0.0 | 0.0 | 4.6% | 5.3% | −2.1% | 8.6% | 0% |
| Nifty Growth Sectors 15 TRI | 0.0 | 8.9 | 43.9 | 43.5 | 3.7 | 0.0 | 0.0 | 9.7% | 9.6% | 2.7% | 15.8% | -- |
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 Growth Sectors 15 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 23-09-2022. Past returns do not promise future returns.
HDFC Nifty Growth Sectors 15 ETF vs Nippon India ETF Nifty 50 Shariah 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 23-09-2022 to 30-10-2026: 50 instalments, ₹5,00,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| HDFC Nifty Growth Sectors 15 ETFHDFC Nifty Growth Sectors 15 ETF | ₹5,00,000 | ₹5,39,399 | ₹39,399 | 3.6% |
| Nippon India ETF Nifty 50 Shariah BeESNippon India ETF Nifty 50 Shariah BeES (Direct) | ₹5,00,000 | ₹4,80,342 | −₹19,658 | −1.9% |
HDFC Nifty Growth Sectors 15 ETFHDFC Nifty Growth Sectors 15 ETF
Nippon India ETF Nifty 50 Shariah BeESNippon India ETF Nifty 50 Shariah 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 Growth Sectors 15 ETF vs Nippon India ETF Nifty 50 Shariah BeES: 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 | Nippon India ETF Nifty 50 Shariah BeES (Direct) |
|---|---|---|
| Return (CAGR) | −6.87% | −10.42% |
| Standard deviation | 14.95% | 14.14% |
| Sharpe ratio | -0.81 | -1.11 |
| Sortino ratio | -1.10 | -1.49 |
| Maximum drawdown | −19.4% (08-10-2026) | −20.7% (08-10-2026) |
| Beta | 1.00 | 1.00 |
| Alpha | −0.35% | −0.96% |
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 Growth Sectors 15 ETF | Nippon India ETF Nifty 50 Shariah BeES (Direct) |
|---|---|---|
| Return (CAGR) | +6.08% | +1.70% |
| Standard deviation | 13.68% | 13.48% |
| Sharpe ratio | 0.00 | -0.32 |
| Sortino ratio | 0.01 | -0.46 |
| Maximum drawdown | −21.9% (07-04-2025) | −31.0% (08-10-2026) |
| Beta | 1.00 | 1.00 |
| Alpha | −0.46% | −1.16% |
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 Growth Sectors 15 ETF | Nippon India ETF Nifty 50 Shariah BeES (Direct) |
|---|---|---|
| Return (CAGR) | +6.81% | +8.80% |
| Standard deviation | 12.75% | 15.68% |
| Sharpe ratio | 0.05 | 0.22 |
| Sortino ratio | 0.07 | 0.30 |
| Maximum drawdown | −21.9% (07-04-2025) | −31.0% (08-10-2026) |
| Beta | 1.00 | -- |
| Alpha | −0.47% | -- |
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
Nippon India ETF Nifty 50 Shariah BeES (Direct)
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 | −21.9% | 27-09-2024 | 07-04-2025 | 07-01-2026 | 9 months | −12.3% |
| Nippon India ETF Nifty 50 Shariah BeES (Direct) | −31.0% | 27-09-2024 | 08-10-2026 | Not yet | -- | −25.1% |
| Nifty Growth Sectors 15 TRI | −21.6% | 27-09-2024 | 07-04-2025 | 06-01-2026 | 9 months | −12.1% |
From daily values since 23-09-2022, 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 Growth Sectors 15 ETF
Nippon India ETF Nifty 50 Shariah BeES (Direct)
Nifty Growth Sectors 15 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 Growth Sectors 15 ETF
Nippon India ETF Nifty 50 Shariah BeES (Direct)
Nifty Growth Sectors 15 TRI
Against Nifty Growth Sectors 15 TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| HDFC Nifty Growth Sectors 15 ETF | 99% | 101% | 0.11% |
| Nippon India ETF Nifty 50 Shariah BeES (Direct) | 88% | 106% | 6.98% |
From month-end values since 23-09-2022. 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 Growth Sectors 15 ETF vs Nippon India ETF Nifty 50 Shariah BeES: Portfolio Overlap
From each fund's latest monthly portfolio: HDFC Nifty Growth Sectors 15 ETF, September 2026; Nippon India ETF Nifty 50 Shariah BeES, September 2026
Holdings in common
- Overlap
- 55.6%
- Held by both
- 8
- Only in HDFC Nifty Growth Sectors 15 ETF
- 7
- Only in Nippon India ETF Nifty 50 Shariah BeES
- 10
| Security | % of HDFC Nifty Growth Sectors 15 ETF | % of Nippon India ETF Nifty 50 Shariah BeES |
|---|---|---|
| Infosys Limited | 15.12% | 14.83% |
| Tata Consultancy Services Ltd. | 9.02% | 8.84% |
| Sun Pharmaceutical Industries Ltd. | 8.29% | 8.12% |
| Hindustan Unilever Ltd. | 7.18% | 7.04% |
| HCL Technologies Ltd. | 5.58% | 5.47% |
| Tech Mahindra Ltd. | 4.17% | 4.09% |
| Nestle India Ltd. | 4.05% | 3.97% |
| Cipla Ltd. | 3.26% | 3.20% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 55.6% means 55.6% 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 |
|---|---|
| Mahindra & Mahindra Ltd. | 11.35% |
| Titan Company Ltd. | 8.16% |
| Maruti Suzuki India Limited | 6.70% |
| Divis Laboratories Ltd. | 5.09% |
| Eicher Motors Ltd. | 4.25% |
Largest holdings only in Nippon India ETF Nifty 50 Shariah BeES
| Security | % of fund |
|---|---|
| Eternal Limited | 9.79% |
| Hindalco Industries Limited | 5.76% |
| UltraTech Cement Limited | 5.47% |
| Asian Paints Limited | 4.59% |
| Oil & Natural Gas Corporation Limited | 3.70% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | HDFC Nifty Growth Sectors 15 ETF | Nippon India ETF Nifty 50 Shariah BeES |
|---|---|---|
| Equity | 100.0% | 99.8% |
| Debt | 0.0% | 0.0% |
| Cash and others | 0.0% | 0.2% |
Market cap of stocks
| Market cap | HDFC Nifty Growth Sectors 15 ETF | Nippon India ETF Nifty 50 Shariah BeES |
|---|---|---|
| Large Cap | 100.0% | 93.7% |
| Mid Cap | 0.0% | 6.1% |
| 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 | Nippon India ETF Nifty 50 Shariah BeES |
|---|---|---|
| IT - Software | 33.9% | 33.2% |
| Automobiles | 26.4% | 2.5% |
| Pharmaceuticals & Biotechnology | 16.6% | 14.5% |
| Retailing | 0.0% | 13.5% |
| Consumer Durables | 8.2% | 4.6% |
| Diversified FMCG | 7.2% | 7.0% |
| Non - Ferrous Metals | 0.0% | 5.8% |
| Cement & Cement Products | 0.0% | 5.5% |
| Food Products | 4.0% | 4.0% |
The six largest sectors of each fund's stocks, % of the fund.
HDFC Nifty Growth Sectors 15 ETF vs Nippon India ETF Nifty 50 Shariah BeES: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | HDFC Nifty Growth Sectors 15 ETF | Nippon India ETF Nifty 50 Shariah BeES |
|---|---|---|
| Total expense ratio (Direct) | Not available | 1.01% |
| Base expense ratio (Direct) | 0.00% | 0.82% |
| Base expense ratio (Regular) | 0.25% | 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 Growth Sectors 15 ETF vs Nippon India ETF Nifty 50 Shariah BeES: Frequently Asked Questions
What is the difference between HDFC Nifty Growth Sectors 15 ETF and Nippon India ETF Nifty 50 Shariah BeES?
HDFC Nifty Growth Sectors 15 ETF is an ETF fund, Nippon India ETF Nifty 50 Shariah BeES is a mutual fund, run by HDFC Mutual Fund and Nippon India Mutual Fund. Their portfolios overlap 55.6%. HDFC Nifty Growth Sectors 15 ETF charges 0.32% a year and Nippon India ETF Nifty 50 Shariah BeES 1.01%.
Which has given higher returns, HDFC Nifty Growth Sectors 15 ETF or Nippon India ETF Nifty 50 Shariah BeES?
Over 1 year: HDFC Nifty Growth Sectors 15 ETF −6.87%, Nippon India ETF Nifty 50 Shariah BeES −10.42%. Over 3 years: HDFC Nifty Growth Sectors 15 ETF +6.08% a year, Nippon India ETF Nifty 50 Shariah BeES +1.70% a year. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, HDFC Nifty Growth Sectors 15 ETF or Nippon India ETF Nifty 50 Shariah BeES?
HDFC Nifty Growth Sectors 15 ETF charges less: 0.32% a year against 1.01%. These are the total expense ratios reported to AMFI.
How much do HDFC Nifty Growth Sectors 15 ETF and Nippon India ETF Nifty 50 Shariah BeES overlap?
55.6%. They hold 8 of the same securities, the largest shared ones being INFY, TCS, SUNPHARMA. From each fund's latest monthly portfolio.
Which is better for SIP, HDFC Nifty Growth Sectors 15 ETF or Nippon India ETF Nifty 50 Shariah BeES?
Over the last 3 years, a monthly SIP of ₹10,000 from 03-10-2023 to 30-10-2026 grew to ₹3,72,340 in HDFC Nifty Growth Sectors 15 ETF (XIRR 0.4% a year) and ₹3,38,135 in Nippon India ETF Nifty 50 Shariah BeES (XIRR -5.6% a year). Both received 37 instalments. Past returns do not promise future returns.
Can I invest in both HDFC Nifty Growth Sectors 15 ETF and Nippon India ETF Nifty 50 Shariah BeES?
Yes. 55.6% 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.