Invesco India BSE Sensex Index Fund vs Mirae Asset BSE Sensex ETF
Direct Plan where a fund has one, Growth option · Data as on 30-10-2026
Invesco India BSE Sensex Index Fund is an Index fund and Mirae Asset BSE Sensex ETF is an ETF fund. Invesco India BSE Sensex Index Fund charges 0.77% a year and Mirae Asset BSE Sensex ETF 0.12%. Their portfolios overlap 99.7%: they hold 30 of the same securities.
Invesco India BSE Sensex Index Fund
Index
- Expense ratio
- 0.77%
- NAV
- ₹9.76
Which is better, Invesco India BSE Sensex Index or Mirae Asset 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.
- Mirae Asset BSE Sensex ETF costs less: 0.12% a year against 0.77%.
- Mirae Asset BSE Sensex ETF fell less in its worst fall since 15-05-2026: −9.3% against −9.5%.
- Mirae Asset BSE Sensex ETF is the larger fund: ₹42 Cr against ₹15 Cr.
- Their portfolios overlap 99.7%: 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 | Invesco India BSE Sensex Index Fund | Mirae Asset BSE Sensex ETF |
|---|---|---|
| Fund house | Invesco Mutual Fund | Mirae Asset Mutual Fund |
| Category | Index | ETF |
| AUM | ₹15 Cr (30-09-2026) | ₹42 Cr (30-09-2026) |
| NAV | ₹9.76 (Direct) | ₹76.94 |
| Expense ratio (Direct) | 0.77% | Not available |
| Expense ratio (Regular) | 1.26% | Not available |
| Riskometer | Very High | Very High |
| Benchmark | BSE SENSEX TRI | BSE SENSEX TRI |
| Launch date | 11-05-2026 | 29-09-2023 |
| Minimum investment | Not available | On exchange in multiple of 1 unit. With AMC: In multiples of 1,00,000 Units |
| Lock in | None | None |
| Fund managers | Abhisek Bahinipati | Ekta Gala, amp, Ritesh Patel |
| Exit load | Nil | NIL |
Invesco India BSE Sensex Index vs Mirae Asset 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 |
|---|---|---|---|---|---|---|---|
| Invesco India BSE Sensex Index Fund (Direct) | +2.76% | −4.55% | -- | -- | -- | -- | -- |
| Mirae Asset BSE Sensex ETF | +2.77% | −4.29% | −2.43% | −10.98% | +6.23% | -- | -- |
Invesco India BSE Sensex Index vs Mirae Asset BSE Sensex ETF: Year-wise Returns
| Year | Invesco India BSE Sensex IndexInvesco India BSE Sensex Index | Mirae Asset BSE Sensex ETFMirae Asset BSE Sensex ETF | BSE SENSEX TRI |
|---|---|---|---|
| 2026to date | -- | −11.86% | −11.81% |
| 2025 | -- | +10.30% | +10.38% |
| 2024 | -- | +9.36% | +9.49% |
Invesco India BSE Sensex Index vs Mirae Asset BSE Sensex ETF: Rolling Returns
Every holding period of both funds, against BSE SENSEX TRI, the benchmark of both
Invesco India BSE Sensex Index vs Mirae Asset BSE Sensex ETF: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Invesco India BSE Sensex Index Fund (Direct) | Mirae Asset BSE Sensex ETF |
|---|---|---|
| Return (CAGR) | −1.42% | +5.37% |
| Standard deviation | 11.63% | 13.21% |
| Sharpe ratio | -0.58 | -0.05 |
| Sortino ratio | -0.81 | -0.07 |
| Maximum drawdown | −9.5% (08-10-2026) | −16.1% (31-03-2026) |
| Beta | 0.99 | 1.00 |
| Alpha | −0.82% | −0.09% |
From daily NAVs, 15-05-2026 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.
Invesco India BSE Sensex Index Fund (Direct)
Mirae Asset BSE Sensex ETF
BSE SENSEX TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Invesco India BSE Sensex Index Fund (Direct) | −9.5% | 06-08-2026 | 08-10-2026 | Not yet | -- | −5.8% |
| Mirae Asset BSE Sensex ETF | −9.3% | 06-08-2026 | 08-10-2026 | Not yet | -- | −5.6% |
| BSE SENSEX TRI | −9.3% | 06-08-2026 | 08-10-2026 | Not yet | -- | −5.6% |
From daily values since 15-05-2026, the first day every fund has.
Invesco India BSE Sensex Index vs Mirae Asset BSE Sensex ETF: Portfolio Overlap
From each fund's latest monthly portfolio: Invesco India BSE Sensex Index Fund, September 2026; Mirae Asset BSE Sensex ETF, September 2026
Holdings in common
- Overlap
- 99.7%
- Held by both
- 30
- Only in Invesco India BSE Sensex Index
- 0
- Only in Mirae Asset BSE Sensex ETF
- 0
| Security | % of Invesco India BSE Sensex Index | % of Mirae Asset BSE Sensex ETF |
|---|---|---|
| HDFC Bank Limited | 12.60% | 12.59% |
| ICICI Bank Limited | 11.04% | 11.03% |
| Reliance Industries Limited | 9.15% | 9.16% |
| Bharti Airtel Limited | 6.37% | 6.38% |
| Larsen & Toubro Limited | 5.10% | 5.11% |
| State Bank of India | 4.64% | 4.64% |
| Infosys Limited | 4.07% | 4.08% |
| Axis Bank Limited | 4.07% | 4.08% |
| Kotak Mahindra Bank Ltd | 3.56% | 3.57% |
| Mahindra & Mahindra Limited | 3.06% | 3.07% |
| Bajaj Finance Ltd | 2.98% | 2.99% |
| ITC Limited | 2.94% | 2.96% |
| Eternal Limited | 2.67% | 2.69% |
| Tata Consultancy Services Limited | 2.41% | 2.41% |
| Sun Pharmaceutical Industries Limited | 2.27% | 2.28% |
| Titan Company Limited | 2.17% | 2.18% |
| Hindustan Unilever Limited | 1.93% | 1.95% |
| Maruti Suzuki India Limited | 1.79% | 1.79% |
| NTPC Limited | 1.77% | 1.78% |
| Tata Steel Limited | 1.75% | 1.77% |
| Bharat Electronics Limited | 1.61% | 1.62% |
| Adani Ports and Special Economic Zone Limited | 1.61% | 1.63% |
| UltraTech Cement Limited | 1.50% | 1.50% |
| HCL Technologies Limited | 1.50% | 1.51% |
| Power Grid Corporation of India Limited | 1.36% | 1.38% |
| InterGlobe Aviation Limited | 1.28% | 1.30% |
| Asian Paints Limited | 1.25% | 1.26% |
| Tech Mahindra Limited | 1.12% | 1.14% |
| Bajaj Finserv Limited | 1.11% | 1.13% |
| Trent Limited | 0.99% | 1.01% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 99.7% means 99.7% 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 Invesco India BSE Sensex Index Fund
Every holding of this fund is also held by the other.
Largest holdings only in Mirae Asset 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 | Invesco India BSE Sensex Index | Mirae Asset BSE Sensex ETF |
|---|---|---|
| Equity | 99.7% | 100.0% |
| Debt | 0.0% | 0.0% |
| Cash and others | 0.3% | -0.0% |
Market cap of stocks
| Market cap | Invesco India BSE Sensex Index | Mirae Asset BSE Sensex ETF |
|---|---|---|
| Large Cap | 99.7% | 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 | Invesco India BSE Sensex Index | Mirae Asset BSE Sensex ETF |
|---|---|---|
| Banks | 35.9% | 35.9% |
| Petroleum Products | 9.2% | 9.2% |
| IT - Software | 9.1% | 9.2% |
| 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.
Invesco India BSE Sensex Index vs Mirae Asset BSE Sensex ETF: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Invesco India BSE Sensex Index Fund | Mirae Asset BSE Sensex ETF |
|---|---|---|
| Total expense ratio (Direct) | 0.77% | Not available |
| Base expense ratio (Direct) | 0.16% | 0.00% |
| Total expense ratio (Regular) | 1.26% | Not available |
| Base expense ratio (Regular) | 0.58% | 0.05% |
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.
Invesco India BSE Sensex Index Fund vs Mirae Asset BSE Sensex ETF: Frequently Asked Questions
What is the difference between Invesco India BSE Sensex Index Fund and Mirae Asset BSE Sensex ETF?
Invesco India BSE Sensex Index Fund is an Index fund, Mirae Asset BSE Sensex ETF is an ETF fund, run by Invesco Mutual Fund and Mirae Asset Mutual Fund. Their portfolios overlap 99.7%. Invesco India BSE Sensex Index Fund charges 0.77% a year and Mirae Asset BSE Sensex ETF 0.12%.
Which has the lower expense ratio, Invesco India BSE Sensex Index Fund or Mirae Asset BSE Sensex ETF?
Mirae Asset BSE Sensex ETF charges less: 0.12% a year against 0.77%. These are the total expense ratios reported to AMFI.
How much do Invesco India BSE Sensex Index Fund and Mirae Asset BSE Sensex ETF overlap?
99.7%. They hold 30 of the same securities, the largest shared ones being HDFCBANK, ICICIBANK, RELIANCE. From each fund's latest monthly portfolio.
Which is riskier, Invesco India BSE Sensex Index Fund or Mirae Asset BSE Sensex ETF?
On SEBI's riskometer, Invesco India BSE Sensex Index Fund is rated Very High and Mirae Asset BSE Sensex ETF Very High. Over their common history, the standard deviation of daily returns was 11.63% and 13.21% a year.
Can I invest in both Invesco India BSE Sensex Index Fund and Mirae Asset BSE Sensex ETF?
Yes. 99.7% of each fund's money sits in the same holdings, so a large part of the two investments would move together.
Who manages Invesco India BSE Sensex Index Fund and Mirae Asset BSE Sensex ETF?
Invesco India BSE Sensex Index Fund: Abhisek Bahinipati. Mirae Asset BSE Sensex ETF: Ekta Gala, amp, Ritesh Patel.
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.