Mirae Asset BSE Select IPO ETF vs Motilal Oswal BSE Select IPO ETF
Direct Plan where a fund has one, Growth option · Data as on 30-10-2026
Mirae Asset BSE Select IPO ETF is an ETF fund and Motilal Oswal BSE Select IPO ETF is an ETF fund. Mirae Asset BSE Select IPO ETF charges 0.59% a year and Motilal Oswal BSE Select IPO ETF 0.71%. Their portfolios overlap 99.9%: they hold 70 of the same securities.
Which is better, Mirae Asset BSE Select IPO ETF or Motilal Oswal BSE Select IPO 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 Select IPO ETF costs less: 0.59% a year against 0.71%.
- Mirae Asset BSE Select IPO ETF fell less in its worst fall since 20-11-2025: −22.0% against −22.0%.
- Mirae Asset BSE Select IPO ETF is the larger fund: ₹23 Cr against ₹6 Cr.
- Their portfolios overlap 99.9%: 70 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 | Mirae Asset BSE Select IPO ETF | Motilal Oswal BSE Select IPO ETF |
|---|---|---|
| Fund house | Mirae Asset Mutual Fund | Motilal Oswal Mutual Fund |
| Category | ETF | ETF |
| AUM | ₹23 Cr (30-09-2026) | ₹6 Cr (30-09-2026) |
| NAV | ₹44.53 | ₹44.57 |
| Expense ratio (Direct) | Not available | Not available |
| Expense ratio (Regular) | Not available | Not available |
| Riskometer | Very High | Very High |
| Benchmark | BSE Select IPO TRI (Total Return Index) | BSE Select IPO TRI |
| Launch date | 10-03-2025 | 17-11-2025 |
| Minimum investment | On exchange in multiple of 1 unit. With AMC: In multiples of 1,00,000 units | Ongoing Basis: On Exchange: Investors can buy/sell units of the Scheme in round lots of 1 unit and in multiples thereof. Directly with the Mutual Fund: For Eligible investors: Transactions must be in multiple of unit creation size and the execution value |
| Lock in | None | None |
| Fund managers | Ekta Gala, amp, Vishal Singh | Swapnil Mayekar, Dishant Mehta, Rakesh Shetty |
| Exit load | NIL | Nil |
Mirae Asset BSE Select IPO ETF vs Motilal Oswal BSE Select IPO 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 |
|---|---|---|---|---|---|---|---|
| Mirae Asset BSE Select IPO ETF | −3.54% | −4.82% | +2.96% | −10.67% | -- | -- | -- |
| Motilal Oswal BSE Select IPO ETF | −3.54% | −4.78% | +2.92% | -- | -- | -- | -- |
Mirae Asset BSE Select IPO ETF vs Motilal Oswal BSE Select IPO ETF: Year-wise Returns
| Year | Mirae AssetMirae Asset BSE Select IPO ETF | Motilal OswalMotilal Oswal BSE Select IPO ETF | BSE SELECT IPO TRI |
|---|---|---|---|
| 2026to date | −3.55% | −3.60% | −3.22% |
Mirae Asset BSE Select IPO ETF vs Motilal Oswal BSE Select IPO ETF: Rolling Returns
Every holding period of both funds, against BSE SELECT IPO TRI, the benchmark of both
Mirae Asset BSE Select IPO ETF vs Motilal Oswal BSE Select IPO ETF: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Mirae Asset BSE Select IPO ETF | Motilal Oswal BSE Select IPO ETF |
|---|---|---|
| Return (CAGR) | +7.16% | −9.45% |
| Standard deviation | 17.83% | 18.49% |
| Sharpe ratio | 0.10 | -0.79 |
| Sortino ratio | 0.14 | -1.06 |
| Maximum drawdown | −24.6% (31-03-2026) | −22.0% (31-03-2026) |
| Beta | 1.00 | 1.00 |
| Alpha | −0.47% | −0.44% |
From daily NAVs, 11-03-2025 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.
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.
Mirae Asset BSE Select IPO ETF
Motilal Oswal BSE Select IPO ETF
BSE SELECT IPO TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Mirae Asset BSE Select IPO ETF | −22.0% | 20-11-2025 | 31-03-2026 | 24-08-2026 | 5 months | −9.7% |
| Motilal Oswal BSE Select IPO ETF | −22.0% | 20-11-2025 | 31-03-2026 | 25-08-2026 | 5 months | −9.7% |
| BSE SELECT IPO TRI | −21.8% | 20-11-2025 | 30-03-2026 | 13-08-2026 | 4 months | −9.6% |
From daily values since 20-11-2025, the first day every fund has.
Mirae Asset BSE Select IPO ETF vs Motilal Oswal BSE Select IPO ETF: Portfolio Overlap
From each fund's latest monthly portfolio: Mirae Asset BSE Select IPO ETF, September 2026; Motilal Oswal BSE Select IPO ETF, September 2026
Holdings in common
- Overlap
- 99.9%
- Held by both
- 70
- Only in Mirae Asset BSE Select IPO ETF
- 0
- Only in Motilal Oswal BSE Select IPO ETF
- 0
| Security | % of Mirae Asset BSE Select IPO ETF | % of Motilal Oswal BSE Select IPO ETF |
|---|---|---|
| Meesho Ltd. | 5.51% | 5.50% |
| Eternal Ltd. | 5.24% | 5.24% |
| Lenskart Solutions Ltd. | 5.19% | 5.19% |
| One 97 Communications Ltd. | 5.02% | 5.01% |
| Tata Motors Ltd. | 4.98% | 4.97% |
| Jio Financial Services Ltd. | 4.92% | 4.92% |
| Life Insurance Corporation of India | 4.00% | 4.00% |
| FSN E-Commerce Ventures Ltd. | 3.21% | 3.21% |
| PB Fintech Ltd. | 2.77% | 2.77% |
| Sona Blw Precision Forgings Ltd. | 2.72% | 2.72% |
| Swiggy Ltd. | 2.72% | 2.72% |
| Siemens Energy India Ltd. | 2.08% | 2.08% |
| Vishal Mega Mart Ltd. | 2.07% | 2.07% |
| Hyundai Motor India Ltd. | 2.05% | 2.05% |
| Mankind Pharma Ltd. | 2.04% | 2.04% |
| Ather Energy Ltd. | 1.97% | 1.97% |
| Billionbrains Garage Ventures Ltd. | 1.94% | 1.93% |
| Piramal Finance Ltd. | 1.79% | 1.79% |
| Delhivery Ltd. | 1.77% | 1.77% |
| Waaree Energies Ltd. | 1.64% | 1.64% |
| JSW Infrastructure Ltd. | 1.58% | 1.58% |
| Sai Life Sciences Ltd. | 1.51% | 1.51% |
| Pine Labs Ltd. | 1.40% | 1.40% |
| ICICI Prudential Asset Management Company Ltd. | 1.36% | 1.36% |
| ITC Hotels Ltd. | 1.35% | 1.34% |
| TATA Capital Ltd. | 1.32% | 1.32% |
| LG Electronics India Ltd. | 1.28% | 1.28% |
| Premier Energies Ltd | 1.07% | 1.07% |
| Nuvama Wealth Management Ltd. | 1.02% | 1.02% |
| Syrma SGS Technology Ltd. | 1.00% | 1.00% |
| Piramal Pharma Ltd. | 0.94% | 0.94% |
| HDB Financial Services Ltd. | 0.94% | 0.94% |
| Star Health & Allied Insurance Co. Ltd. | 0.92% | 0.92% |
| Data Patterns (India) Ltd. | 0.91% | 0.91% |
| Tata Technologies Ltd. | 0.90% | 0.90% |
| Onesource Specialty Pharma Ltd. | 0.87% | 0.87% |
| Kaynes Technology India Ltd. | 0.80% | 0.81% |
| Rubicon Research Ltd. | 0.78% | 0.78% |
| Bharti Hexacom Ltd. | 0.78% | 0.78% |
| Aditya Infotech Ltd. | 0.76% | 0.76% |
| National Securities Depository Ltd. | 0.74% | 0.74% |
| Five Star Business Finance Ltd. | 0.72% | 0.72% |
| Sagility Ltd. | 0.72% | 0.72% |
| AWL Agri Business Ltd. | 0.71% | 0.71% |
| Anthem Biosciences Ltd. | 0.67% | 0.67% |
| Inventurus Knowledge Solutions Ltd. | 0.66% | 0.66% |
| Bajaj Housing Finance Ltd. | 0.65% | 0.65% |
| Indian Renewable Energy Development Agency Ltd. | 0.64% | 0.64% |
| Jyoti CNC Automation Ltd. | 0.64% | 0.64% |
| Acme Solar Holdings Ltd. | 0.64% | 0.63% |
| NTPC Green Energy Ltd. | 0.63% | 0.63% |
| Motherson Sumi Wiring India Ltd. | 0.63% | 0.63% |
| Ola Electric Mobility Ltd. | 0.62% | 0.62% |
| Belrise Industries Ltd. | 0.56% | 0.56% |
| Sedemac Mechatronics Ltd. | 0.54% | 0.54% |
| Hexaware Technologies Ltd. | 0.53% | 0.53% |
| Physicswallah Ltd. | 0.52% | 0.52% |
| Aequs Ltd. | 0.52% | 0.52% |
| Aadhar Housing Finance Ltd. | 0.49% | 0.49% |
| Shadowfax Technologies Ltd. | 0.41% | 0.41% |
| Devyani International Ltd. | 0.40% | 0.40% |
| Urban Company Ltd. | 0.39% | 0.39% |
| Tenneco Clean Air India Ltd. | 0.37% | 0.37% |
| Emmvee Photovoltaic Power Ltd. | 0.32% | 0.32% |
| JSW Cement Ltd. | 0.27% | 0.27% |
| Fractal Analytics Ltd. | 0.26% | 0.26% |
| Signatureglobal (India) Ltd. | 0.22% | 0.22% |
| Central Mine Planning & Design Institute Ltd. | 0.16% | 0.16% |
| Jain Resource Recycling Ltd. | 0.15% | 0.15% |
| Bharat Coking Coal Ltd. | 0.11% | 0.11% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 99.9% means 99.9% 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 Mirae Asset BSE Select IPO ETF
Every holding of this fund is also held by the other.
Largest holdings only in Motilal Oswal BSE Select IPO 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 | Mirae Asset BSE Select IPO ETF | Motilal Oswal BSE Select IPO ETF |
|---|---|---|
| Equity | 100.0% | 100.0% |
| Debt | 0.0% | 0.0% |
| Cash and others | 0.0% | 0.0% |
Market cap of stocks
| Market cap | Mirae Asset BSE Select IPO ETF | Motilal Oswal BSE Select IPO ETF |
|---|---|---|
| Large Cap | 25.8% | 25.8% |
| Mid Cap | 46.4% | 46.3% |
| Small Cap | 27.9% | 27.9% |
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 | Mirae Asset BSE Select IPO ETF | Motilal Oswal BSE Select IPO ETF |
|---|---|---|
| Retailing | 24.3% | 24.3% |
| Finance | 11.5% | 11.5% |
| Financial Technology (Fintech) | 9.2% | 9.2% |
| Pharmaceuticals & Biotechnology | 6.8% | 6.8% |
| Electrical Equipment | 5.1% | 5.1% |
| Capital Markets | 5.0% | 5.0% |
The six largest sectors of each fund's stocks, % of the fund.
Mirae Asset BSE Select IPO ETF vs Motilal Oswal BSE Select IPO ETF: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Mirae Asset BSE Select IPO ETF | Motilal Oswal BSE Select IPO ETF |
|---|---|---|
| Base expense ratio (Direct) | 0.00% | 0.00% |
| Base expense ratio (Regular) | 0.32% | 0.45% |
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.
Mirae Asset BSE Select IPO ETF vs Motilal Oswal BSE Select IPO ETF: Frequently Asked Questions
What is the difference between Mirae Asset BSE Select IPO ETF and Motilal Oswal BSE Select IPO ETF?
Mirae Asset BSE Select IPO ETF is an ETF fund, Motilal Oswal BSE Select IPO ETF is an ETF fund, run by Mirae Asset Mutual Fund and Motilal Oswal Mutual Fund. Their portfolios overlap 99.9%. Mirae Asset BSE Select IPO ETF charges 0.59% a year and Motilal Oswal BSE Select IPO ETF 0.71%.
Which has the lower expense ratio, Mirae Asset BSE Select IPO ETF or Motilal Oswal BSE Select IPO ETF?
Mirae Asset BSE Select IPO ETF charges less: 0.59% a year against 0.71%. These are the total expense ratios reported to AMFI.
How much do Mirae Asset BSE Select IPO ETF and Motilal Oswal BSE Select IPO ETF overlap?
99.9%. They hold 70 of the same securities, the largest shared ones being MEESHO, ETERNAL, LENSKART. From each fund's latest monthly portfolio.
Which is riskier, Mirae Asset BSE Select IPO ETF or Motilal Oswal BSE Select IPO ETF?
On SEBI's riskometer, Mirae Asset BSE Select IPO ETF is rated Very High and Motilal Oswal BSE Select IPO ETF Very High. Over their common history, the standard deviation of daily returns was 17.83% and 18.49% a year.
Can I invest in both Mirae Asset BSE Select IPO ETF and Motilal Oswal BSE Select IPO ETF?
Yes. 99.9% of each fund's money sits in the same holdings, so a large part of the two investments would move together.
Who manages Mirae Asset BSE Select IPO ETF and Motilal Oswal BSE Select IPO ETF?
Mirae Asset BSE Select IPO ETF: Ekta Gala, amp, Vishal Singh. Motilal Oswal BSE Select IPO ETF: Swapnil Mayekar, Dishant Mehta, Rakesh Shetty.
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.