Kotak BSE Sensex ETF vs Nippon India ETF BSE Sensex
Direct Plan where a fund has one, Growth option · Data as on 30-10-2026
Kotak BSE Sensex ETF is an ETF fund and Nippon India ETF BSE Sensex is a mutual fund. In the 3 years to 30-10-2026, Kotak BSE Sensex ETF returned 6.1% a year and Nippon India ETF BSE Sensex (Direct) returned 6.3% a year. Kotak BSE Sensex ETF charges 0.22% a year and Nippon India ETF BSE Sensex 0.04%. Their portfolios overlap 100.0%: they hold 30 of the same securities.
Nippon India ETF BSE Sensex
- 3 year return
- 6.3%
- Expense ratio
- 0.04%
- NAV
- ₹857.24
Which is better, Kotak BSE Sensex ETF or Nippon India ETF BSE Sensex? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Nippon India ETF BSE Sensex returned more over 5 years: 5.9% a year against 5.7%.
- Nippon India ETF BSE Sensex returned more over 3 years: 6.3% a year against 6.1%.
- Nippon India ETF BSE Sensex costs less: 0.04% a year against 0.22%.
- Nippon India ETF BSE Sensex swung less over 3 years: a standard deviation of 13.3% a year against 13.3%.
- Nippon India ETF BSE Sensex fell less in its worst fall since 25-09-2014: −37.8% against −37.9%.
- Nippon India ETF BSE Sensex is the larger fund: ₹27,771 Cr against ₹23 Cr.
- Their portfolios overlap 100.0%: 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 | Kotak BSE Sensex ETF | Nippon India ETF BSE Sensex |
|---|---|---|
| Fund house | Kotak Mahindra Mutual Fund | Nippon India Mutual Fund |
| Category | ETF | Not available |
| AUM | ₹23 Cr (30-09-2026) | ₹27,771 Cr (30-09-2026) |
| NAV | ₹81.77 | ₹857.24 (Direct) |
| Expense ratio (Direct) | Not available | 0.04% |
| Expense ratio (Regular) | Not available | Not available |
| Riskometer | Very High | Not available |
| Benchmark | BSE SENSEX TRI | Not available |
| Launch date | 06-06-2008 | Not available |
| Minimum investment | Ongoing purchases directly from the Mutual Fund would be restricted to Authorized Participants and Large Investors provided the value of units to be purchased is in creation unit size. Authorised Participants and Large Investors may buy the units on any b | Not available |
| Lock in | None | Not available |
| Fund managers | Satish Dondapati, Jeetu Valechha Sonar | Not available |
| Exit load | NIL | Not available |
Kotak BSE Sensex ETF vs Nippon India ETF BSE Sensex: 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 |
|---|---|---|---|---|---|---|---|
| Kotak BSE Sensex ETF | +2.75% | −4.33% | −2.49% | −11.07% | +6.09% | +5.66% | +11.04% |
| Nippon India ETF BSE Sensex (Direct) | +2.77% | −4.29% | −2.42% | −10.97% | +6.26% | +5.87% | +11.53% |
Kotak BSE Sensex ETF vs Nippon India ETF BSE Sensex: Year-wise Returns
| Year | Kotak BSE Sensex ETFKotak BSE Sensex ETF | Nippon India ETF BSE SensexNippon India ETF BSE Sensex | BSE SENSEX TRI |
|---|---|---|---|
| 2026to date | −11.96% | −11.85% | −11.81% |
| 2025 | +10.21% | +10.33% | +10.38% |
| 2024 | +9.17% | +9.39% | +9.49% |
| 2023 | +19.98% | +20.36% | +20.33% |
| 2022 | +5.51% | +5.73% | +5.80% |
| 2021 | +22.86% | +23.06% | +23.23% |
Kotak BSE Sensex ETF vs Nippon India ETF BSE Sensex: Rolling Returns
Every holding period of both funds, against BSE SENSEX TRI, the benchmark of both
Rolling returns
Every 3-year holding period, 2,244 of them, one for each trading day from 25-09-2017 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.
Kotak BSE Sensex ETF
Nippon India ETF BSE Sensex (Direct)
BSE SENSEX TRI
to
Jun 2018Jan 2017
to
Jan 2020Jul 2018
to
Jul 2021Feb 2020
to
Feb 2023Aug 2021
to
Aug 2024Feb 2023
to
Feb 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Kotak BSE Sensex ETF | 0.3 | 4.1 | 21.2 | 42.8 | 24.2 | 5.6 | 1.8 | 12.9% | 13.3% | −3.0% | 31.7% | 0% |
| Nippon India ETF BSE Sensex | 0.3 | 3.5 | 18.9 | 40.0 | 29.4 | 5.8 | 2.0 | 13.4% | 13.7% | −2.8% | 31.9% | 1% |
| BSE SENSEX TRI | 0.3 | 3.4 | 18.9 | 38.7 | 30.7 | 6.0 | 2.1 | 13.5% | 13.8% | −2.8% | 32.1% | -- |
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 BSE SENSEX 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 25-09-2014. Past returns do not promise future returns.
Kotak BSE Sensex ETF vs Nippon India ETF BSE Sensex: 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 01-09-2014 to 30-10-2026: 146 instalments, ₹14,60,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Kotak BSE Sensex ETFKotak BSE Sensex ETF | ₹14,60,000 | ₹27,46,063 | ₹12,86,063 | 9.9% |
| Nippon India ETF BSE SensexNippon India ETF BSE Sensex (Direct) | ₹14,60,000 | ₹28,11,813 | ₹13,51,813 | 10.3% |
Kotak BSE Sensex ETFKotak BSE Sensex ETF
Nippon India ETF BSE SensexNippon India ETF BSE Sensex (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.
Kotak BSE Sensex ETF vs Nippon India ETF BSE Sensex: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Kotak BSE Sensex ETF | Nippon India ETF BSE Sensex (Direct) |
|---|---|---|
| Return (CAGR) | −11.07% | −10.97% |
| Standard deviation | 13.99% | 13.99% |
| Sharpe ratio | -1.17 | -1.16 |
| Sortino ratio | -1.56 | -1.55 |
| Maximum drawdown | −16.1% (31-03-2026) | −16.1% (31-03-2026) |
| Beta | 1.00 | 1.00 |
| Alpha | −0.17% | −0.07% |
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 | Kotak BSE Sensex ETF | Nippon India ETF BSE Sensex (Direct) |
|---|---|---|
| Return (CAGR) | +6.09% | +6.26% |
| Standard deviation | 13.26% | 13.26% |
| Sharpe ratio | 0.00 | 0.02 |
| Sortino ratio | 0.01 | 0.02 |
| Maximum drawdown | −16.1% (31-03-2026) | −16.1% (31-03-2026) |
| Beta | 1.00 | 1.00 |
| Alpha | −0.23% | −0.06% |
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 | Kotak BSE Sensex ETF | Nippon India ETF BSE Sensex (Direct) |
|---|---|---|
| Return (CAGR) | +5.66% | +5.87% |
| Standard deviation | 13.77% | 13.76% |
| Sharpe ratio | -0.01 | 0.00 |
| Sortino ratio | -0.01 | 0.01 |
| Maximum drawdown | −16.1% (31-03-2026) | −16.1% (31-03-2026) |
| Beta | 1.00 | 1.00 |
| Alpha | −0.26% | −0.05% |
From daily NAVs, 29-10-2021 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 | Kotak BSE Sensex ETF | Nippon India ETF BSE Sensex (Direct) |
|---|---|---|
| Return (CAGR) | +9.00% | +10.19% |
| Standard deviation | 16.21% | 15.93% |
| Sharpe ratio | 0.17 | 0.28 |
| Sortino ratio | 0.23 | 0.38 |
| Maximum drawdown | −37.9% (23-03-2020) | −37.8% (23-03-2020) |
| Beta | 1.00 | 1.00 |
| Alpha | −0.90% | −0.07% |
From daily NAVs, 03-01-2011 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.
Kotak BSE Sensex ETF
Nippon India ETF BSE Sensex (Direct)
BSE SENSEX TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Kotak BSE Sensex ETF | −37.9% | 14-01-2020 | 23-03-2020 | 06-11-2020 | 7 months | −12.5% |
| Nippon India ETF BSE Sensex (Direct) | −37.8% | 14-01-2020 | 23-03-2020 | 06-11-2020 | 7 months | −12.4% |
| BSE SENSEX TRI | −37.9% | 14-01-2020 | 23-03-2020 | 06-11-2020 | 7 months | −12.4% |
From daily values since 25-09-2014, 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.
Kotak BSE Sensex ETF
Nippon India ETF BSE Sensex (Direct)
BSE SENSEX 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.
Kotak BSE Sensex ETF
Nippon India ETF BSE Sensex (Direct)
BSE SENSEX TRI
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 5-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
Kotak BSE Sensex ETF
Nippon India ETF BSE Sensex (Direct)
BSE SENSEX TRI
Against BSE SENSEX TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| Kotak BSE Sensex ETF | 98% | 100% | 0.99% |
| Nippon India ETF BSE Sensex (Direct) | 99% | 100% | 0.23% |
From month-end values since 25-09-2014. 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.
Kotak BSE Sensex ETF vs Nippon India ETF BSE Sensex: Portfolio Overlap
From each fund's latest monthly portfolio: Kotak BSE Sensex ETF, September 2026; Nippon India ETF BSE Sensex, September 2026
Holdings in common
- Overlap
- 100.0%
- Held by both
- 30
- Only in Kotak BSE Sensex ETF
- 0
- Only in Nippon India ETF BSE Sensex
- 0
| Security | % of Kotak BSE Sensex ETF | % of Nippon India ETF BSE Sensex |
|---|---|---|
| HDFC BANK LTD. | 12.59% | 12.59% |
| ICICI BANK LTD. | 11.03% | 11.03% |
| RELIANCE INDUSTRIES LTD. | 9.15% | 9.15% |
| BHARTI AIRTEL LTD. | 6.38% | 6.38% |
| Larsen and Toubro Ltd. | 5.11% | 5.11% |
| STATE BANK OF INDIA. | 4.64% | 4.64% |
| Infosys Ltd. | 4.08% | 4.08% |
| AXIS BANK LTD. | 4.08% | 4.08% |
| KOTAK MAHINDRA BANK LTD. | 3.57% | 3.57% |
| Mahindra & Mahindra Ltd. | 3.07% | 3.07% |
| BAJAJ FINANCE LTD. | 2.99% | 2.99% |
| ITC Ltd. | 2.96% | 2.96% |
| ETERNAL LIMITED | 2.69% | 2.69% |
| TATA CONSULTANCY SERVICES LTD. | 2.41% | 2.41% |
| SUN PHARMACEUTICAL INDUSTRIES LTD. | 2.28% | 2.28% |
| TITAN COMPANY LTD. | 2.18% | 2.18% |
| Hindustan Unilever Ltd. | 1.95% | 1.95% |
| Maruti Suzuki India Limited | 1.79% | 1.79% |
| NTPC LTD | 1.78% | 1.78% |
| Tata Steel Ltd. | 1.77% | 1.77% |
| Adani Ports and Special Economic Zone Limited | 1.63% | 1.63% |
| Bharat Electronics Ltd. | 1.62% | 1.62% |
| HCL Technologies Ltd. | 1.51% | 1.51% |
| Ultratech Cement Ltd. | 1.50% | 1.50% |
| Power Grid Corporation of India Ltd. | 1.38% | 1.38% |
| Inter Globe Aviation Ltd | 1.30% | 1.30% |
| Asian Paints(India) Ltd. | 1.26% | 1.26% |
| Tech Mahindra Ltd. | 1.14% | 1.14% |
| Bajaj Finserv Ltd. | 1.13% | 1.13% |
| TRENT LTD | 1.01% | 1.01% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 100.0% means 100.0% 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 Kotak BSE Sensex ETF
Every holding of this fund is also held by the other.
Largest holdings only in Nippon India ETF BSE Sensex
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 | Kotak BSE Sensex ETF | Nippon India ETF BSE Sensex |
|---|---|---|
| Equity | 100.0% | 100.0% |
| Debt | 0.0% | 0.0% |
| Cash and others | 0.0% | 0.0% |
Market cap of stocks
| Market cap | Kotak BSE Sensex ETF | Nippon India ETF BSE Sensex |
|---|---|---|
| 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 | Kotak BSE Sensex ETF | Nippon India ETF BSE Sensex |
|---|---|---|
| Banks | 35.9% | 35.9% |
| Petroleum Products | 9.2% | 9.2% |
| IT - Software | 9.1% | 9.1% |
| 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.
Kotak BSE Sensex ETF vs Nippon India ETF BSE Sensex: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Kotak BSE Sensex ETF | Nippon India ETF BSE Sensex |
|---|---|---|
| Total expense ratio (Direct) | Not available | 0.04% |
| Base expense ratio (Direct) | 0.00% | 0.03% |
| Base expense ratio (Regular) | 0.18% | 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.
Kotak BSE Sensex ETF vs Nippon India ETF BSE Sensex: Frequently Asked Questions
What is the difference between Kotak BSE Sensex ETF and Nippon India ETF BSE Sensex?
Kotak BSE Sensex ETF is an ETF fund, Nippon India ETF BSE Sensex is a mutual fund, run by Kotak Mahindra Mutual Fund and Nippon India Mutual Fund. Their portfolios overlap 100.0%. Kotak BSE Sensex ETF charges 0.22% a year and Nippon India ETF BSE Sensex 0.04%.
Which has given higher returns, Kotak BSE Sensex ETF or Nippon India ETF BSE Sensex?
Over 1 year: Kotak BSE Sensex ETF −11.07%, Nippon India ETF BSE Sensex −10.97%. Over 3 years: Kotak BSE Sensex ETF +6.09% a year, Nippon India ETF BSE Sensex +6.26% a year. Over 5 years: Kotak BSE Sensex ETF +5.66% a year, Nippon India ETF BSE Sensex +5.87% a year. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, Kotak BSE Sensex ETF or Nippon India ETF BSE Sensex?
Nippon India ETF BSE Sensex charges less: 0.04% a year against 0.22%. These are the total expense ratios reported to AMFI.
How much do Kotak BSE Sensex ETF and Nippon India ETF BSE Sensex overlap?
100.0%. They hold 30 of the same securities, the largest shared ones being HDFCBANK, ICICIBANK, RELIANCE. From each fund's latest monthly portfolio.
Which is better for SIP, Kotak BSE Sensex ETF or Nippon India ETF BSE Sensex?
Over the last 5 years, a monthly SIP of ₹10,000 from 01-10-2021 to 30-10-2026 grew to ₹6,75,740 in Kotak BSE Sensex ETF (XIRR 4.0% a year) and ₹6,79,092 in Nippon India ETF BSE Sensex (XIRR 4.2% a year). Both received 61 instalments. Past returns do not promise future returns.
Can I invest in both Kotak BSE Sensex ETF and Nippon India ETF BSE Sensex?
Yes. 100.0% 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.