LIC MF BSE Sensex ETF vs Mirae Asset BSE Sensex ETF
Direct Plan where a fund has one, Growth option · Data as on 30-10-2026
LIC MF BSE Sensex ETF is an ETF fund and Mirae Asset BSE Sensex ETF is an ETF fund. In the 3 years to 30-10-2026, LIC MF BSE Sensex ETF returned 6.2% a year and Mirae Asset BSE Sensex ETF returned 6.2% a year. LIC MF BSE Sensex ETF charges 0.12% a year and Mirae Asset BSE Sensex ETF 0.12%. Their portfolios overlap 99.7%: they hold 30 of the same securities.
Mirae Asset BSE Sensex ETF
ETF
- 3 year return
- 6.2%
- Expense ratio
- 0.12%
- NAV
- ₹76.94
Which is better, LIC MF BSE Sensex ETF 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 returned more over 3 years: 6.2% a year against 6.2%.
- Mirae Asset BSE Sensex ETF returned more over 1 year: −11.0% against −11.0%.
- Mirae Asset BSE Sensex ETF swung less over 3 years: a standard deviation of 13.3% a year against 13.3%.
- Mirae Asset BSE Sensex ETF fell less in its worst fall since 03-10-2023: −16.1% against −16.1%.
- LIC MF BSE Sensex ETF is the larger fund: ₹676 Cr against ₹42 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 | LIC MF BSE Sensex ETF | Mirae Asset BSE Sensex ETF |
|---|---|---|
| Fund house | LIC Mutual Fund | Mirae Asset Mutual Fund |
| Category | ETF | ETF |
| AUM | ₹676 Cr (30-09-2026) | ₹42 Cr (30-09-2026) |
| NAV | ₹842.05 | ₹76.94 |
| Expense ratio (Direct) | Not available | Not available |
| Expense ratio (Regular) | Not available | Not available |
| Riskometer | Very High | Very High |
| Benchmark | BSE SENSEX TRI | BSE SENSEX TRI |
| Launch date | 30-11-2015 | 29-09-2023 |
| Minimum investment | For Subscription of units directly with Mutual Fund: All direct transactions in units of the Scheme by MMs/APs or other eligible investors with the AMC/the Fund shall be at intra-day NAV based on the actual execution price of the underlying portfolio. Any | On exchange in multiple of 1 unit. With AMC: In multiples of 1,00,000 Units |
| Lock in | None | None |
| Fund managers | Nikhil Kapoor, Sasikant Aravamuthan | Ekta Gala, amp, Ritesh Patel |
| Exit load | Nil | NIL |
LIC MF BSE Sensex ETF 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 |
|---|---|---|---|---|---|---|---|
| LIC MF BSE Sensex ETF | +2.76% | −4.31% | −2.45% | −11.01% | +6.18% | +5.79% | +11.51% |
| Mirae Asset BSE Sensex ETF | +2.77% | −4.29% | −2.43% | −10.98% | +6.23% | -- | -- |
LIC MF BSE Sensex ETF vs Mirae Asset BSE Sensex ETF: Year-wise Returns
| Year | LIC MFLIC MF BSE Sensex ETF | Mirae AssetMirae Asset BSE Sensex ETF | BSE SENSEX TRI |
|---|---|---|---|
| 2026to date | −11.89% | −11.86% | −11.81% |
| 2025 | +10.26% | +10.30% | +10.38% |
| 2024 | +9.28% | +9.36% | +9.49% |
| 2023 | +20.18% | -- | +20.33% |
| 2022 | +5.75% | -- | +5.80% |
| 2021 | +22.96% | -- | +23.23% |
LIC MF BSE Sensex ETF vs Mirae Asset BSE Sensex ETF: Rolling Returns
Every holding period of both funds, against BSE SENSEX TRI, the benchmark of both
Rolling returns
Every 1-year holding period, 512 of them, one for each trading day from 03-10-2024 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.
LIC MF BSE Sensex ETF
Mirae Asset BSE Sensex ETF
BSE SENSEX TRI
to
Dec 2024Apr 2024
to
Apr 2025Aug 2024
to
Aug 2025Dec 2024
to
Dec 2025May 2025
to
May 2026Aug 2025
to
Aug 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| LIC MF BSE Sensex ETF | 32.0 | 17.2 | 29.7 | 11.3 | 2.3 | 4.9 | 2.5 | 4.5% | 5.2% | −12.7% | 27.3% | 0% |
| Mirae Asset BSE Sensex ETF | 31.8 | 17.3 | 29.2 | 11.9 | 2.3 | 4.7 | 2.7 | 4.6% | 5.2% | −12.7% | 27.4% | 1% |
| BSE SENSEX TRI | 31.4 | 17.6 | 28.7 | 12.5 | 2.3 | 4.5 | 2.9 | 4.6% | 5.3% | −12.6% | 27.6% | -- |
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 03-10-2023. Past returns do not promise future returns.
LIC MF BSE Sensex ETF vs Mirae Asset BSE Sensex ETF: 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 03-10-2023 to 30-10-2026: 37 instalments, ₹3,70,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| LIC MF BSE Sensex ETFLIC MF BSE Sensex ETF | ₹3,70,000 | ₹3,63,653 | −₹6,347 | −1.1% |
| Mirae Asset BSE Sensex ETFMirae Asset BSE Sensex ETF | ₹3,70,000 | ₹3,63,913 | −₹6,087 | −1.0% |
LIC MF BSE Sensex ETFLIC MF BSE Sensex ETF
Mirae Asset BSE Sensex ETFMirae Asset BSE Sensex ETF
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.
LIC MF BSE Sensex ETF 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 | LIC MF BSE Sensex ETF | Mirae Asset BSE Sensex ETF |
|---|---|---|
| Return (CAGR) | −11.01% | −10.98% |
| Standard deviation | 13.98% | 13.99% |
| Sharpe ratio | -1.16 | -1.16 |
| Sortino ratio | -1.55 | -1.55 |
| Maximum drawdown | −16.1% (31-03-2026) | −16.1% (31-03-2026) |
| Beta | 1.00 | 1.00 |
| Alpha | −0.11% | −0.08% |
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 | LIC MF BSE Sensex ETF | Mirae Asset BSE Sensex ETF |
|---|---|---|
| Return (CAGR) | +6.18% | +6.23% |
| Standard deviation | 13.27% | 13.26% |
| Sharpe ratio | 0.01 | 0.02 |
| Sortino ratio | 0.02 | 0.02 |
| Maximum drawdown | −16.1% (31-03-2026) | −16.1% (31-03-2026) |
| Beta | 1.00 | 1.00 |
| Alpha | −0.14% | −0.09% |
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 | LIC MF BSE Sensex ETF | Mirae Asset BSE Sensex ETF |
|---|---|---|
| Return (CAGR) | +11.30% | +5.37% |
| Standard deviation | 16.03% | 13.21% |
| Sharpe ratio | 0.36 | -0.05 |
| Sortino ratio | 0.50 | -0.07 |
| Maximum drawdown | −37.9% (23-03-2020) | −16.1% (31-03-2026) |
| Beta | 1.00 | 1.00 |
| Alpha | −0.10% | −0.09% |
From daily NAVs, 01-12-2015 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.
LIC MF BSE Sensex ETF
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 |
|---|---|---|---|---|---|---|
| LIC MF BSE Sensex ETF | −16.1% | 02-01-2026 | 31-03-2026 | Not yet | -- | −12.4% |
| Mirae Asset BSE Sensex ETF | −16.1% | 02-01-2026 | 31-03-2026 | Not yet | -- | −12.4% |
| BSE SENSEX TRI | −16.1% | 02-01-2026 | 30-03-2026 | Not yet | -- | −12.4% |
From daily values since 03-10-2023, 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.
LIC MF BSE Sensex ETF
Mirae Asset BSE Sensex ETF
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.
LIC MF BSE Sensex ETF
Mirae Asset BSE Sensex ETF
BSE SENSEX TRI
Against BSE SENSEX TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| LIC MF BSE Sensex ETF | 99% | 100% | 0.04% |
| Mirae Asset BSE Sensex ETF | 100% | 100% | 0.03% |
From month-end values since 03-10-2023. 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.
LIC MF BSE Sensex ETF vs Mirae Asset BSE Sensex ETF: Portfolio Overlap
From each fund's latest monthly portfolio: LIC MF BSE Sensex ETF, September 2026; Mirae Asset BSE Sensex ETF, September 2026
Holdings in common
- Overlap
- 99.7%
- Held by both
- 30
- Only in LIC MF BSE Sensex ETF
- 0
- Only in Mirae Asset BSE Sensex ETF
- 0
| Security | % of LIC MF BSE Sensex ETF | % of Mirae Asset BSE Sensex ETF |
|---|---|---|
| HDFC Bank Ltd. | 12.57% | 12.59% |
| ICICI Bank Ltd. | 10.96% | 11.03% |
| Reliance Industries Ltd. | 9.08% | 9.16% |
| Bharti Airtel Ltd. | 6.32% | 6.38% |
| Larsen & Toubro Ltd. | 5.09% | 5.11% |
| State Bank of India | 4.60% | 4.64% |
| Axis Bank Ltd. | 4.10% | 4.08% |
| Infosys Ltd. | 4.08% | 4.08% |
| Kotak Mahindra Bank Ltd. | 3.58% | 3.57% |
| Mahindra & Mahindra Ltd. | 3.08% | 3.07% |
| Bajaj Finance Ltd. | 3.01% | 2.99% |
| ITC Ltd. | 2.96% | 2.96% |
| Eternal Ltd. | 2.75% | 2.69% |
| Tata Consultancy Services Ltd. | 2.42% | 2.41% |
| Sun Pharmaceutical Industries Ltd. | 2.29% | 2.28% |
| Titan Company Ltd. | 2.20% | 2.18% |
| Hindustan Unilever Ltd. | 1.97% | 1.95% |
| Maruti Suzuki India Ltd. | 1.80% | 1.79% |
| NTPC Ltd. | 1.78% | 1.78% |
| Tata Steel Ltd. | 1.78% | 1.77% |
| Bharat Electronics Ltd. | 1.63% | 1.62% |
| Adani Ports & Special Economic Zone Ltd. | 1.62% | 1.63% |
| HCL Technologies Ltd. | 1.51% | 1.51% |
| Ultratech Cement Ltd. | 1.51% | 1.50% |
| Power Grid Corporation of India Ltd. | 1.38% | 1.38% |
| InterGlobe Aviation Ltd. | 1.30% | 1.30% |
| Asian Paints Ltd. | 1.27% | 1.26% |
| Tech Mahindra Ltd. | 1.13% | 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. 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 LIC MF BSE Sensex ETF
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 | LIC MF BSE Sensex ETF | Mirae Asset BSE Sensex ETF |
|---|---|---|
| Equity | 99.9% | 100.0% |
| Debt | 0.0% | 0.0% |
| Cash and others | 0.1% | -0.0% |
Market cap of stocks
| Market cap | LIC MF BSE Sensex ETF | Mirae Asset BSE Sensex ETF |
|---|---|---|
| Large Cap | 99.9% | 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 | LIC MF BSE Sensex ETF | Mirae Asset BSE Sensex ETF |
|---|---|---|
| Banks | 35.8% | 35.9% |
| Petroleum Products | 9.1% | 9.2% |
| IT - Software | 9.1% | 9.2% |
| Telecom - Services | 6.3% | 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.
LIC MF BSE Sensex ETF vs Mirae Asset BSE Sensex ETF: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | LIC MF BSE Sensex ETF | Mirae Asset BSE Sensex ETF |
|---|---|---|
| Base expense ratio (Direct) | 0.00% | 0.00% |
| Base expense ratio (Regular) | 0.09% | 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.
LIC MF BSE Sensex ETF vs Mirae Asset BSE Sensex ETF: Frequently Asked Questions
What is the difference between LIC MF BSE Sensex ETF and Mirae Asset BSE Sensex ETF?
LIC MF BSE Sensex ETF is an ETF fund, Mirae Asset BSE Sensex ETF is an ETF fund, run by LIC Mutual Fund and Mirae Asset Mutual Fund. Their portfolios overlap 99.7%. LIC MF BSE Sensex ETF charges 0.12% a year and Mirae Asset BSE Sensex ETF 0.12%.
Which has given higher returns, LIC MF BSE Sensex ETF or Mirae Asset BSE Sensex ETF?
Over 1 year: LIC MF BSE Sensex ETF −11.01%, Mirae Asset BSE Sensex ETF −10.98%. Over 3 years: LIC MF BSE Sensex ETF +6.18% a year, Mirae Asset BSE Sensex ETF +6.23% a year. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, LIC MF BSE Sensex ETF or Mirae Asset BSE Sensex ETF?
Both charge 0.12% a year.
How much do LIC MF BSE Sensex ETF 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, LIC MF BSE Sensex ETF or Mirae Asset BSE Sensex ETF?
On SEBI's riskometer, LIC MF BSE Sensex ETF is rated Very High and Mirae Asset BSE Sensex ETF Very High. Over 3 years, the standard deviation of daily returns was 13.27% and 13.26% a year.
Which is better for SIP, LIC MF BSE Sensex ETF or Mirae Asset BSE Sensex ETF?
Over the last 3 years, a monthly SIP of ₹10,000 from 03-10-2023 to 30-10-2026 grew to ₹3,63,653 in LIC MF BSE Sensex ETF (XIRR -1.1% a year) and ₹3,63,913 in Mirae Asset BSE Sensex ETF (XIRR -1.0% a year). Both received 37 instalments. Past returns do not promise future returns.
Can I invest in both LIC MF BSE Sensex ETF 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 LIC MF BSE Sensex ETF and Mirae Asset BSE Sensex ETF?
LIC MF BSE Sensex ETF: Nikhil Kapoor, Sasikant Aravamuthan. 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.