HDFC Nifty200 Momentum 30 ETF vs Tata Nifty200 Alpha 30 Index Fund
Direct Plan where a fund has one, Growth option · Data as on 30-10-2026
HDFC Nifty200 Momentum 30 ETF is an ETF fund and Tata Nifty200 Alpha 30 Index Fund is an Index fund. In the year to 30-10-2026, HDFC Nifty200 Momentum 30 ETF returned −9.5% and Tata Nifty200 Alpha 30 Index Fund (Direct) returned −3.2%. HDFC Nifty200 Momentum 30 ETF charges 0.30% a year and Tata Nifty200 Alpha 30 Index Fund 0.82%. Their portfolios overlap 63.6%: they hold 22 of the same securities.
HDFC Nifty200 Momentum 30 ETF
ETF
- 1 year return
- −9.5%
- Expense ratio
- 0.30%
- NAV
- ₹28.87
Tata Nifty200 Alpha 30 Index Fund
Index
- 1 year return
- −3.2%
- Expense ratio
- 0.82%
- NAV
- ₹8.40
Which is better, HDFC Nifty200 Momentum 30 ETF or Tata Nifty200 Alpha 30 Index? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Tata Nifty200 Alpha 30 Index returned more over 1 year: −3.2% against −9.5%.
- HDFC Nifty200 Momentum 30 ETF costs less: 0.30% a year against 0.82%.
- Tata Nifty200 Alpha 30 Index fell less in its worst fall since 11-09-2024: −29.5% against −31.7%.
- HDFC Nifty200 Momentum 30 ETF holds more in large companies: 66.4% of the fund in large caps against 49.1%.
- Tata Nifty200 Alpha 30 Index is the larger fund: ₹199 Cr against ₹99 Cr.
- Their portfolios overlap 63.6%: 22 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 Nifty200 Momentum 30 ETF | Tata Nifty200 Alpha 30 Index Fund |
|---|---|---|
| Fund house | HDFC Mutual Fund | Tata Mutual Fund |
| Category | ETF | Index |
| AUM | ₹99 Cr (30-09-2026) | ₹199 Cr (30-09-2026) |
| NAV | ₹28.87 | ₹8.40 (Direct) |
| Expense ratio (Direct) | Not available | 0.82% |
| Expense ratio (Regular) | Not available | 1.37% |
| Riskometer | Very High | Very High |
| Benchmark | Nifty200 Momentum 30 TRI | Nifty 200 Alpha 30 TRI |
| Launch date | 11-10-2022 | 05-09-2024 |
| 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 | ₹5,000 |
| Lock in | None | None |
| Fund managers | Abhishek Mor, Arun Agarwal | Nitin Sharma, Rakesh Prajapati |
| Exit load | Not available | Exit Load: 0.25% of the applicable NAV, if redeemed on or before 15 days from the date of allotment. |
HDFC Nifty200 Momentum 30 ETF vs Tata Nifty200 Alpha 30 Index: 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 Nifty200 Momentum 30 ETF | −3.14% | −4.97% | −4.99% | −9.48% | +8.88% | -- | -- |
| Tata Nifty200 Alpha 30 Index Fund (Direct) | −2.55% | −4.61% | −1.32% | −3.23% | -- | -- | -- |
HDFC Nifty200 Momentum 30 ETF vs Tata Nifty200 Alpha 30 Index: Year-wise Returns
| Year | HDFC Nifty200 Momentum 30 ETFHDFC Nifty200 Momentum 30 ETF | Tata Nifty200 Alpha 30 IndexTata Nifty200 Alpha 30 Index |
|---|---|---|
| 2026to date | −7.97% | −1.48% |
| 2025 | −4.99% | −5.68% |
| 2024 | +20.64% | -- |
| 2023 | +40.85% | -- |
HDFC Nifty200 Momentum 30 ETF vs Tata Nifty200 Alpha 30 Index: Rolling Returns
Every holding period of both funds, against Nifty200 Momentum 30 TRI, the benchmark of HDFC Nifty200 Momentum 30 ETF
Rolling returns
Every 1-year holding period, 279 of them, one for each trading day from 11-09-2025 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 Nifty200 Momentum 30 ETF
Tata Nifty200 Alpha 30 Index Fund (Direct)
Nifty200 Momentum 30 TRI
to
Oct 2025Dec 2024
to
Dec 2025Mar 2025
to
Mar 2026May 2025
to
May 2026Jul 2025
to
Jul 2026Sept 2025
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 Nifty200 Momentum 30 ETF | 60.6 | 22.6 | 8.2 | 7.5 | 1.1 | 0.0 | 0.0 | −1.7% | −1.5% | −21.4% | 16.5% | 0% |
| Tata Nifty200 Alpha 30 Index | 35.6 | 29.5 | 20.1 | 9.4 | 5.0 | 0.4 | 0.0 | 2.1% | 2.7% | −17.8% | 21.2% | 93% |
| Nifty200 Momentum 30 TRI | 57.3 | 25.1 | 8.2 | 7.9 | 1.4 | 0.0 | 0.0 | −1.2% | −0.9% | −21.0% | 17.0% | -- |
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 Nifty200 Momentum 30 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 11-09-2024. Past returns do not promise future returns.
HDFC Nifty200 Momentum 30 ETF vs Tata Nifty200 Alpha 30 Index: 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 02-09-2024 to 30-10-2026: 26 instalments, ₹2,60,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| HDFC Nifty200 Momentum 30 ETFHDFC Nifty200 Momentum 30 ETF | ₹2,60,000 | ₹2,41,401 | −₹18,599 | −6.5% |
| Tata Nifty200 Alpha 30 IndexTata Nifty200 Alpha 30 Index Fund (Direct) | ₹2,60,000 | ₹2,55,997 | −₹4,003 | −1.4% |
HDFC Nifty200 Momentum 30 ETFHDFC Nifty200 Momentum 30 ETF
Tata Nifty200 Alpha 30 IndexTata Nifty200 Alpha 30 Index Fund (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 Nifty200 Momentum 30 ETF vs Tata Nifty200 Alpha 30 Index: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | HDFC Nifty200 Momentum 30 ETF | Tata Nifty200 Alpha 30 Index Fund (Direct) |
|---|---|---|
| Return (CAGR) | −9.48% | −3.23% |
| Standard deviation | 19.35% | 19.69% |
| Sharpe ratio | -0.76 | -0.43 |
| Sortino ratio | -1.03 | -0.58 |
| Maximum drawdown | −16.0% (31-03-2026) | −15.3% (31-03-2026) |
| Beta | 1.00 | 1.00 |
| Alpha | −0.47% | −1.18% |
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 Nifty200 Momentum 30 ETF | Tata Nifty200 Alpha 30 Index Fund (Direct) |
|---|---|---|
| Return (CAGR) | +10.83% | −6.37% |
| Standard deviation | 18.23% | 19.86% |
| Sharpe ratio | 0.26 | -0.61 |
| Sortino ratio | 0.34 | -0.81 |
| Maximum drawdown | −31.7% (07-04-2025) | −29.5% (28-02-2025) |
| Beta | 1.00 | 1.00 |
| Alpha | −0.57% | −1.02% |
From daily NAVs, 11-10-2022 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 Nifty200 Momentum 30 ETF
Tata Nifty200 Alpha 30 Index Fund (Direct)
Nifty200 Momentum 30 TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| HDFC Nifty200 Momentum 30 ETF | −31.7% | 27-09-2024 | 07-04-2025 | Not yet | -- | −24.7% |
| Tata Nifty200 Alpha 30 Index Fund (Direct) | −29.5% | 27-09-2024 | 28-02-2025 | Not yet | -- | −16.1% |
| Nifty200 Momentum 30 TRI | −31.6% | 27-09-2024 | 07-04-2025 | Not yet | -- | −23.9% |
From daily values since 11-09-2024, 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 Nifty200 Momentum 30 ETF
Tata Nifty200 Alpha 30 Index Fund (Direct)
Nifty200 Momentum 30 TRI
Against Nifty200 Momentum 30 TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| HDFC Nifty200 Momentum 30 ETF | 99% | 101% | 0.15% |
| Tata Nifty200 Alpha 30 Index Fund (Direct) | 119% | 97% | 5.39% |
From month-end values since 11-09-2024. 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 Nifty200 Momentum 30 ETF vs Tata Nifty200 Alpha 30 Index: Portfolio Overlap
From each fund's latest monthly portfolio: HDFC Nifty200 Momentum 30 ETF, September 2026; Tata Nifty200 Alpha 30 Index Fund, September 2026
Holdings in common
- Overlap
- 63.6%
- Held by both
- 22
- Only in HDFC Nifty200 Momentum 30 ETF
- 8
- Only in Tata Nifty200 Alpha 30 Index
- 8
| Security | % of HDFC Nifty200 Momentum 30 ETF | % of Tata Nifty200 Alpha 30 Index |
|---|---|---|
| Multi Commodity Exchange of India L | 6.04% | 5.10% |
| Laurus Labs Ltd. | 6.54% | 5.07% |
| Shriram Finance Ltd. | 5.02% | 4.80% |
| Vedanta Ltd. | 4.26% | 3.75% |
| The Federal Bank Ltd. | 3.75% | 4.15% |
| Bharat Heavy Electricals Ltd. | 3.64% | 5.10% |
| Samvardhana Motherson International Ltd. | 3.34% | 4.35% |
| Adani Power (Mundra) Limited | 4.62% | 3.33% |
| Bharat Forge Ltd. | 3.20% | 4.35% |
| GE Vernova T&D India Limited | 4.33% | 3.03% |
| Bombay Stock Exchange Limited (BSE) | 4.14% | 3.01% |
| Hitachi Energy India Ltd. | 2.90% | 3.71% |
| Adani Energy Solutions Limited | 2.79% | 4.38% |
| National Aluminium Co. Ltd. | 2.65% | 4.62% |
| Hindalco Industries Ltd. | 5.02% | 2.13% |
| VODAFONE IDEA LIMITED | 2.02% | 4.67% |
| Adani Green Energy Limited | 2.07% | 1.95% |
| Steel Authority Of India Ltd. | 1.68% | 3.21% |
| Polycab India Limited | 2.48% | 1.62% |
| Cummins India Ltd. | 4.46% | 1.60% |
| Aditya Birla Capital ltd. | 1.34% | 2.67% |
| L&T Finance Ltd. | 0.88% | 2.57% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 63.6% means 63.6% 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 Nifty200 Momentum 30 ETF
| Security | % of fund |
|---|---|
| Tata Steel Ltd. | 5.04% |
| NTPC Limited | 4.70% |
| CG Power and Industrial Solutions Ltd. | 3.04% |
| Torrent Pharmaceuticals Ltd. | 2.85% |
| Solar Industries India Ltd. | 2.16% |
Largest holdings only in Tata Nifty200 Alpha 30 Index Fund
| Security | % of fund |
|---|---|
| AUROBINDO PHARMA LTD | 3.06% |
| BANK OF MAHARASHTRA | 3.00% |
| UNION BANK OF INDIA | 2.71% |
| AU SMALL FINANCE BANK LTD | 2.71% |
| FSN E COMMERCE VENTURES LTD | 2.57% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | HDFC Nifty200 Momentum 30 ETF | Tata Nifty200 Alpha 30 Index |
|---|---|---|
| Equity | 100.0% | 100.0% |
| Debt | 0.0% | 0.0% |
| Cash and others | 0.0% | 0.0% |
Market cap of stocks
| Market cap | HDFC Nifty200 Momentum 30 ETF | Tata Nifty200 Alpha 30 Index |
|---|---|---|
| Large Cap | 66.4% | 49.1% |
| Mid Cap | 33.6% | 50.8% |
| 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 Nifty200 Momentum 30 ETF | Tata Nifty200 Alpha 30 Index |
|---|---|---|
| Electrical Equipment | 15.8% | 11.8% |
| Banks | 3.8% | 14.6% |
| Power | 14.2% | 9.7% |
| Pharmaceuticals & Biotechnology | 11.1% | 8.1% |
| Capital Markets | 10.2% | 8.1% |
| Finance | 7.2% | 10.0% |
| Auto Components | 6.5% | 8.7% |
| Industrial Products | 8.4% | 3.2% |
| Non - Ferrous Metals | 7.7% | 6.8% |
The six largest sectors of each fund's stocks, % of the fund.
HDFC Nifty200 Momentum 30 ETF vs Tata Nifty200 Alpha 30 Index: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | HDFC Nifty200 Momentum 30 ETF | Tata Nifty200 Alpha 30 Index Fund |
|---|---|---|
| Total expense ratio (Direct) | Not available | 0.82% |
| Base expense ratio (Direct) | 0.00% | 0.39% |
| Total expense ratio (Regular) | Not available | 1.37% |
| Base expense ratio (Regular) | 0.25% | 0.90% |
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 Nifty200 Momentum 30 ETF vs Tata Nifty200 Alpha 30 Index Fund: Frequently Asked Questions
What is the difference between HDFC Nifty200 Momentum 30 ETF and Tata Nifty200 Alpha 30 Index Fund?
HDFC Nifty200 Momentum 30 ETF is an ETF fund, Tata Nifty200 Alpha 30 Index Fund is an Index fund, run by HDFC Mutual Fund and Tata Mutual Fund. Their portfolios overlap 63.6%. HDFC Nifty200 Momentum 30 ETF charges 0.30% a year and Tata Nifty200 Alpha 30 Index Fund 0.82%.
Which has given higher returns, HDFC Nifty200 Momentum 30 ETF or Tata Nifty200 Alpha 30 Index Fund?
Over 1 year: HDFC Nifty200 Momentum 30 ETF −9.48%, Tata Nifty200 Alpha 30 Index Fund −3.23%. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, HDFC Nifty200 Momentum 30 ETF or Tata Nifty200 Alpha 30 Index Fund?
HDFC Nifty200 Momentum 30 ETF charges less: 0.30% a year against 0.82%. These are the total expense ratios reported to AMFI.
How much do HDFC Nifty200 Momentum 30 ETF and Tata Nifty200 Alpha 30 Index Fund overlap?
63.6%. They hold 22 of the same securities, the largest shared ones being MCX, LAURUSLABS, SHRIRAMFIN. From each fund's latest monthly portfolio.
Which is riskier, HDFC Nifty200 Momentum 30 ETF or Tata Nifty200 Alpha 30 Index Fund?
On SEBI's riskometer, HDFC Nifty200 Momentum 30 ETF is rated Very High and Tata Nifty200 Alpha 30 Index Fund Very High. Over 1 years, the standard deviation of daily returns was 19.35% and 19.69% a year.
Can I invest in both HDFC Nifty200 Momentum 30 ETF and Tata Nifty200 Alpha 30 Index Fund?
Yes. 63.6% of each fund's money sits in the same holdings, so a large part of the two investments would move together.
Who manages HDFC Nifty200 Momentum 30 ETF and Tata Nifty200 Alpha 30 Index Fund?
HDFC Nifty200 Momentum 30 ETF: Abhishek Mor, Arun Agarwal. Tata Nifty200 Alpha 30 Index Fund: Nitin Sharma, Rakesh Prajapati.
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.