JioBlackRock Nifty 50 Index Fund vs Nippon India Equity Savings Fund
Direct Plan, Growth option · Data as on 30-10-2026
JioBlackRock Nifty 50 Index Fund is an Index fund and Nippon India Equity Savings Fund is a mutual fund. JioBlackRock Nifty 50 Index Fund charges 0.22% a year and Nippon India Equity Savings Fund 0.99% (Direct plans). Their portfolios overlap 51.5%: they hold 31 of the same securities.
Which is better, JioBlackRock Nifty 50 Index or Nippon India Equity Savings? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- JioBlackRock Nifty 50 Index costs less: 0.22% a year against 0.99% (Direct plans).
- JioBlackRock Nifty 50 Index holds more in large companies: 98.9% of the fund in large caps against 61.3%.
- Nippon India Equity Savings is the larger fund: ₹744 Cr against ₹264 Cr.
- Their portfolios overlap 51.5%: 31 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 | JioBlackRock Nifty 50 Index Fund | Nippon India Equity Savings Fund |
|---|---|---|
| Fund house | Jio BlackRock Mutual Fund | Nippon India Mutual Fund |
| Category | Index | Not available |
| AUM | ₹264 Cr (30-09-2026) | ₹744 Cr (30-09-2026) |
| NAV | ₹9.36 (Direct) | ₹0.00 (Direct) |
| Expense ratio (Direct) | 0.22% | 0.99% |
| Expense ratio (Regular) | 0.66% | 2.04% |
| Riskometer | Very High | Not available |
| Benchmark | Nifty 500 TRI | Not available |
| Launch date | 18-08-2025 | Not available |
| Minimum investment | ₹500 | Not available |
| Lock in | None | Not available |
| Fund managers | Tanvi Kacheria, Anand Shah, Haresh Mehta | Not available |
| Exit load | Nil | Not available |
JioBlackRock Nifty 50 Index vs Nippon India Equity Savings: 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 |
|---|---|---|---|---|---|---|---|
| JioBlackRock Nifty 50 Index Fund (Direct) | +1.94% | −5.03% | −3.17% | −10.07% | -- | -- | -- |
| Nippon India Equity Savings Fund (Direct) | -- | -- | -- | -- | -- | -- | -- |
JioBlackRock Nifty 50 Index vs Nippon India Equity Savings: Year-wise Returns
| Year | JioBlackRock Nifty 50 IndexJioBlackRock Nifty 50 Index | Nippon India Equity SavingsNippon India Equity Savings |
|---|---|---|
| 2026to date | −10.93% | -- |
JioBlackRock Nifty 50 Index vs Nippon India Equity Savings: Rolling Returns
Every holding period of both funds, against Nifty 500 TRI, the benchmark of JioBlackRock Nifty 50 Index Fund
JioBlackRock Nifty 50 Index vs Nippon India Equity Savings: Portfolio Overlap
From each fund's latest monthly portfolio: JioBlackRock Nifty 50 Index Fund, September 2026; Nippon India Equity Savings Fund, September 2026
Holdings in common
- Overlap
- 51.5%
- Held by both
- 31
- Only in JioBlackRock Nifty 50 Index
- 19
- Only in Nippon India Equity Savings
- 35
| Security | % of JioBlackRock Nifty 50 Index | % of Nippon India Equity Savings |
|---|---|---|
| ICICI Bank Ltd | 9.07% | 8.29% |
| HDFC Bank Ltd | 10.40% | 7.32% |
| Reliance Industries Ltd | 7.60% | 5.25% |
| Bharti Airtel Ltd | 5.12% | 4.77% |
| Axis Bank Ltd | 3.38% | 3.16% |
| Kotak Mahindra Bank Ltd | 2.94% | 5.14% |
| Mahindra & Mahindra Ltd | 2.52% | 5.99% |
| ITC Ltd | 2.43% | 1.87% |
| NTPC Ltd | 1.47% | 1.56% |
| Tata Steel Ltd | 1.46% | 1.50% |
| Sun Pharmaceutical Industries Ltd | 1.84% | 1.44% |
| State Bank of India | 3.80% | 1.37% |
| Infosys Ltd | 3.36% | 1.27% |
| Larsen & Toubro Ltd | 4.22% | 1.16% |
| Eternal Ltd | 2.22% | 0.82% |
| Coal India Ltd | 0.98% | 0.78% |
| Maruti Suzuki India Ltd | 1.49% | 0.73% |
| Grasim Industries Ltd | 1.11% | 0.57% |
| SBI Life Insurance Co Ltd | 0.73% | 0.57% |
| Bajaj Finance Ltd | 2.51% | 0.52% |
| HDFC Life Insurance Co Ltd | 0.54% | 0.42% |
| Tata Consultancy Services Ltd | 2.01% | 0.41% |
| Hindustan Unilever Ltd | 1.60% | 0.33% |
| HCL Technologies Ltd | 1.24% | 0.33% |
| Tech Mahindra Ltd | 0.93% | 0.33% |
| Asian Paints Ltd | 1.04% | 0.32% |
| Titan Co Ltd | 1.82% | 0.31% |
| Bharat Electronics Ltd | 1.33% | 0.31% |
| JSW Steel Ltd | 1.16% | 0.23% |
| Oil & Natural Gas Corporation Ltd | 0.84% | 0.18% |
| Trent Ltd | 0.84% | 0.09% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 51.5% means 51.5% 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 JioBlackRock Nifty 50 Index Fund
| Security | % of fund |
|---|---|
| Adani Ports and Special Economic Zone Ltd | 1.35% |
| Shriram Finance Ltd | 1.32% |
| Hindalco Industries Ltd | 1.31% |
| Ultratech Cement Ltd | 1.24% |
| BSE Ltd | 1.21% |
Largest holdings only in Nippon India Equity Savings Fund
| Security | % of fund |
|---|---|
| 7.32% Government of India | 3.41% |
| Ashok Leyland Limited | 3.37% |
| Brookfield India Real Estate Trust | 3.28% |
| Mindspace Business Parks REIT | 3.14% |
| 7.26% Government of India | 2.71% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | JioBlackRock Nifty 50 Index | Nippon India Equity Savings |
|---|---|---|
| Equity | 100.3% | 67.2% |
| Debt | 0.0% | 18.2% |
| Cash and others | -0.3% | 14.6% |
Market cap of stocks
| Market cap | JioBlackRock Nifty 50 Index | Nippon India Equity Savings |
|---|---|---|
| Large Cap | 98.9% | 61.3% |
| Mid Cap | 1.4% | 5.9% |
| 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 | JioBlackRock Nifty 50 Index | Nippon India Equity Savings |
|---|---|---|
| Banks | 29.6% | 26.1% |
| Petroleum Products | 7.6% | 5.3% |
| IT - Software | 7.5% | 2.5% |
| Automobiles | 6.7% | 6.7% |
| Finance | 5.5% | 1.1% |
| Telecom - Services | 5.1% | 4.8% |
| Agricultural, Commercial & Construction Vehicles | 0.0% | 3.4% |
The six largest sectors of each fund's stocks, % of the fund.
JioBlackRock Nifty 50 Index vs Nippon India Equity Savings: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | JioBlackRock Nifty 50 Index Fund | Nippon India Equity Savings Fund |
|---|---|---|
| Total expense ratio (Direct) | 0.22% | 0.99% |
| Base expense ratio (Direct) | 0.09% | 0.43% |
| Total expense ratio (Regular) | 0.66% | 2.04% |
| Base expense ratio (Regular) | 0.42% | 1.32% |
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.
JioBlackRock Nifty 50 Index Fund vs Nippon India Equity Savings Fund: Frequently Asked Questions
What is the difference between JioBlackRock Nifty 50 Index Fund and Nippon India Equity Savings Fund?
JioBlackRock Nifty 50 Index Fund is an Index fund, Nippon India Equity Savings Fund is a mutual fund, run by Jio BlackRock Mutual Fund and Nippon India Mutual Fund. Their portfolios overlap 51.5%. JioBlackRock Nifty 50 Index Fund charges 0.22% a year and Nippon India Equity Savings Fund 0.99%.
Which has the lower expense ratio, JioBlackRock Nifty 50 Index Fund or Nippon India Equity Savings Fund?
JioBlackRock Nifty 50 Index Fund charges less: 0.22% a year against 0.99%. These are the Direct plans' total expense ratios reported to AMFI.
How much do JioBlackRock Nifty 50 Index Fund and Nippon India Equity Savings Fund overlap?
51.5%. They hold 31 of the same securities, the largest shared ones being ICICIBANK, HDFCBANK, RELIANCE. From each fund's latest monthly portfolio.
Can I invest in both JioBlackRock Nifty 50 Index Fund and Nippon India Equity Savings Fund?
Yes. 51.5% 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.