Skip to content

Launch offerPay once, own it forever. Lifetime plans from ₹4,999, capped at the first 200 members.See lifetime plans →

Popular

    LIC MF Nifty 100 ETF vs Nippon India ETF Nifty 100

    Direct Plan where a fund has one, Growth option · Data as on 30-10-2026

    LIC MF Nifty 100 ETF is an ETF fund and Nippon India ETF Nifty 100 is a mutual fund. In the 3 years to 30-10-2026, LIC MF Nifty 100 ETF returned 8.8% a year and Nippon India ETF Nifty 100 (Direct) returned 8.5% a year. LIC MF Nifty 100 ETF charges 0.30% a year and Nippon India ETF Nifty 100 0.52%. Their portfolios overlap 98.8%: they hold 100 of the same securities.

    LIC MF Nifty 100 ETF

    ETF

    3 year return
    8.8%
    Expense ratio
    0.30%
    NAV
    ₹263.09
    See LIC MF Nifty 100 ETF

    Nippon India ETF Nifty 100

    3 year return
    8.5%
    Expense ratio
    0.52%
    NAV
    ₹254.51
    See Nippon India ETF Nifty 100

    Which is better, LIC MF Nifty 100 ETF or Nippon India ETF Nifty 100? Key differences

    It depends on what you want from the fund. These are the differences in numbers, from the data on this page.

    • LIC MF Nifty 100 ETF returned more over 5 years: 6.9% a year against 6.7%.
    • LIC MF Nifty 100 ETF returned more over 3 years: 8.8% a year against 8.5%.
    • LIC MF Nifty 100 ETF costs less: 0.30% a year against 0.52%.
    • Nippon India ETF Nifty 100 swung less over 3 years: a standard deviation of 13.7% a year against 13.7%.
    • LIC MF Nifty 100 ETF fell less in its worst fall since 18-03-2016: −38.0% against −38.1%.
    • LIC MF Nifty 100 ETF is the larger fund: ₹698 Cr against ₹336 Cr.
    • Their portfolios overlap 98.8%: 100 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

    FactLIC MF Nifty 100 ETFNippon India ETF Nifty 100
    Fund houseLIC Mutual FundNippon India Mutual Fund
    CategoryETFNot available
    AUM₹698 Cr (30-09-2026)₹336 Cr (30-09-2026)
    NAV₹263.09₹254.51 (Direct)
    Expense ratio (Direct)Not available0.52%
    Expense ratio (Regular)Not availableNot available
    RiskometerVery HighNot available
    BenchmarkNifty 100 TRINot available
    Launch date17-03-2016Not available
    Minimum investmentFor 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. AnyNot available
    Lock inNoneNot available
    Fund managersNikhil Kapoor, Sasikant AravamuthanNot available
    Exit loadNilNot available

    LIC MF Nifty 100 ETF vs Nippon India ETF Nifty 100: Returns Comparison

    Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.

    Fund1M3M6M1Y3Y5Y10Y
    LIC MF Nifty 100 ETF+1.02%−5.36%−3.05%−8.92%+8.77%+6.92%+11.38%
    Nippon India ETF Nifty 100 (Direct)+1.00%−5.42%−3.21%−9.15%+8.51%+6.66%+10.87%

    LIC MF Nifty 100 ETF vs Nippon India ETF Nifty 100: Year-wise Returns

    YearLIC MF Nifty 100 ETFLIC MF Nifty 100 ETFNippon India ETF Nifty 100Nippon India ETF Nifty 100Nifty 100 TRI
    2026to date−9.51%−9.70%−9.32%
    2025+9.95%+9.67%+10.24%
    2024+12.58%+12.32%+12.95%
    2023+20.76%+20.63%+21.24%
    2022+4.76%+4.38%+4.94%
    2021+25.98%+25.74%+26.45%

    LIC MF Nifty 100 ETF vs Nippon India ETF Nifty 100: Rolling Returns

    Every holding period of both funds, against Nifty 100 TRI, the benchmark of both

    Rolling returns

    Every 3-year holding period, 1,878 of them, one for each trading day from 18-03-2019 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.

    −10%0%10%20%30%40%
    Oct 2016
    to
    Oct 2019
    Feb 2018
    to
    Feb 2021
    May 2019
    to
    May 2022
    Sept 2020
    to
    Sept 2023
    Dec 2021
    to
    Dec 2024
    Mar 2023
    to
    Mar 2026
    LIC MF Nifty 100 ETFNippon India ETF Nifty 100 (Direct)Nifty 100 TRI

    How the periods spread

    FundBelow 0%0-5%5-10%10-15%15-20%20-25%Above 25%MeanMedianLowestHighestBeat benchmark
    LIC MF Nifty 100 ETF1.65.610.542.931.56.41.513.7%14.1%−5.3%31.0%0%
    Nippon India ETF Nifty 1002.36.411.145.327.86.11.013.1%13.5%−6.0%30.4%0%
    Nifty 100 TRI1.35.39.440.534.76.91.914.0%14.4%−5.0%31.4%--

    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 Nifty 100 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 18-03-2016. Past returns do not promise future returns.

    LIC MF Nifty 100 ETF vs Nippon India ETF Nifty 100: 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

    Step up each year
    PeriodFor

    ₹10,000 on the first trading day of every month, from 18-03-2016 to 30-10-2026: 128 instalments, ₹12,80,000 in all.

    InvestmentInvestedValue nowGainReturn a year
    LIC MF Nifty 100 ETFLIC MF Nifty 100 ETF ₹12,80,000 ₹23,04,172 ₹10,24,172 10.6%
    Nippon India ETF Nifty 100Nippon India ETF Nifty 100 (Direct) ₹12,80,000 ₹22,49,965 ₹9,69,965 10.2%
    ₹0₹5.0 L₹10.0 L₹15.0 L₹20.0 L₹25.0 L
    20172019202120232025
    LIC MF Nifty 100 ETFLIC MF Nifty 100 ETFNippon India ETF Nifty 100Nippon India ETF Nifty 100 (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.

    LIC MF Nifty 100 ETF vs Nippon India ETF Nifty 100: Risk and Drawdowns

    How much each fund swings, and the worst fall over the same days

    Risk and return

    MeasureLIC MF Nifty 100 ETFNippon India ETF Nifty 100 (Direct)
    Return (CAGR)+8.77%+8.51%
    Standard deviation13.69%13.68%
    Sharpe ratio0.200.18
    Sortino ratio0.280.25
    Maximum drawdown−17.3% (28-02-2025)−17.4% (28-02-2025)
    Beta1.001.00
    Alpha−0.31%−0.57%

    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.

    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.

    −40%−30%−20%−10%0%
    20172019202120232025
    LIC MF Nifty 100 ETFNippon India ETF Nifty 100 (Direct)Nifty 100 TRI
    FundWorst fallHigh before itBottomBack at the highTime to climb backBelow its high today
    LIC MF Nifty 100 ETF−38.0%17-01-202023-03-202009-11-20208 months−10.5%
    Nippon India ETF Nifty 100 (Direct)−38.1%17-01-202023-03-202009-11-20208 months−11.0%
    Nifty 100 TRI−37.9%17-01-202023-03-202006-11-20207 months−10.1%

    From daily values since 18-03-2016, 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 3-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.

    0%5%10%15%20%25%
    2020202120222023202420252026
    LIC MF Nifty 100 ETFNippon India ETF Nifty 100 (Direct)Nifty 100 TRI

    Against Nifty 100 TRI

    FundUp captureDown captureTracking error
    LIC MF Nifty 100 ETF99%101%0.08%
    Nippon India ETF Nifty 100 (Direct)98%102%0.12%

    From month-end values since 18-03-2016. 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 Nifty 100 ETF vs Nippon India ETF Nifty 100: Portfolio Overlap

    From each fund's latest monthly portfolio: LIC MF Nifty 100 ETF, September 2026; Nippon India ETF Nifty 100, September 2026

    Holdings in common

    Overlap
    98.8%
    Held by both
    100
    Only in LIC MF Nifty 100 ETF
    0
    Only in Nippon India ETF Nifty 100
    0
    Security% of LIC MF Nifty 100 ETF% of Nippon India ETF Nifty 100
    HDFC Bank Ltd.8.34%8.41%
    ICICI Bank Ltd.7.28%7.33%
    Reliance Industries Ltd.6.09%6.14%
    Bharti Airtel Ltd.4.10%4.13%
    Larsen & Toubro Ltd.3.38%3.41%
    State Bank of India3.05%3.07%
    Axis Bank Ltd.2.71%2.73%
    Infosys Ltd.2.70%2.72%
    Kotak Mahindra Bank Ltd.2.36%2.38%
    Mahindra & Mahindra Ltd.2.02%2.04%

    Overlap: for each holding both funds own, the smaller of its two weights, added up. 98.8% means 98.8% 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 Nifty 100 ETF

    Every holding of this fund is also held by the other.

    Largest holdings only in Nippon India ETF Nifty 100

    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

    AssetLIC MF Nifty 100 ETFNippon India ETF Nifty 100
    Equity99.7%99.9%
    Debt0.0%0.0%
    Cash and others0.3%0.1%

    Market cap of stocks

    Market capLIC MF Nifty 100 ETFNippon India ETF Nifty 100
    Large Cap97.6%97.9%
    Mid Cap2.0%2.0%
    Small Cap0.0%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

    SectorLIC MF Nifty 100 ETFNippon India ETF Nifty 100
    Banks24.9%25.1%
    Petroleum Products7.0%7.0%
    IT - Software6.7%6.7%
    Automobiles6.3%6.3%
    Finance6.2%6.2%
    Telecom - Services4.3%4.4%
    Pharmaceuticals & Biotechnology4.4%4.3%

    The six largest sectors of each fund's stocks, % of the fund.

    LIC MF Nifty 100 ETF vs Nippon India ETF Nifty 100: Expense Ratio

    What each plan charges a year, from AMFI's expense ratio file

    ChargeLIC MF Nifty 100 ETFNippon India ETF Nifty 100
    Total expense ratio (Direct)Not available0.52%
    Base expense ratio (Direct)0.00%0.43%
    Base expense ratio (Regular)0.24%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.

    LIC MF Nifty 100 ETF vs Nippon India ETF Nifty 100: Frequently Asked Questions

    What is the difference between LIC MF Nifty 100 ETF and Nippon India ETF Nifty 100?

    LIC MF Nifty 100 ETF is an ETF fund, Nippon India ETF Nifty 100 is a mutual fund, run by LIC Mutual Fund and Nippon India Mutual Fund. Their portfolios overlap 98.8%. LIC MF Nifty 100 ETF charges 0.30% a year and Nippon India ETF Nifty 100 0.52%.

    Which has given higher returns, LIC MF Nifty 100 ETF or Nippon India ETF Nifty 100?

    Over 1 year: LIC MF Nifty 100 ETF −8.92%, Nippon India ETF Nifty 100 −9.15%. Over 3 years: LIC MF Nifty 100 ETF +8.77% a year, Nippon India ETF Nifty 100 +8.51% a year. Over 5 years: LIC MF Nifty 100 ETF +6.92% a year, Nippon India ETF Nifty 100 +6.66% a year. As on 30-10-2026. Past returns do not promise future returns.

    Which has the lower expense ratio, LIC MF Nifty 100 ETF or Nippon India ETF Nifty 100?

    LIC MF Nifty 100 ETF charges less: 0.30% a year against 0.52%. These are the total expense ratios reported to AMFI.

    How much do LIC MF Nifty 100 ETF and Nippon India ETF Nifty 100 overlap?

    98.8%. They hold 100 of the same securities, the largest shared ones being HDFCBANK, ICICIBANK, RELIANCE. From each fund's latest monthly portfolio.

    Which is better for SIP, LIC MF Nifty 100 ETF or Nippon India ETF Nifty 100?

    Over the last 5 years, a monthly SIP of ₹10,000 from 01-10-2021 to 30-10-2026 grew to ₹7,05,460 in LIC MF Nifty 100 ETF (XIRR 5.7% a year) and ₹7,00,774 in Nippon India ETF Nifty 100 (XIRR 5.4% a year). Both received 61 instalments. Past returns do not promise future returns.

    Can I invest in both LIC MF Nifty 100 ETF and Nippon India ETF Nifty 100?

    Yes. 98.8% 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.

    Track both funds in WealthGamma

    Add your funds once. WealthGamma updates their value every day and shows them next to your stocks, gold, deposits and loans.

    PAN not required · No broker linking · No OTPs