Mirae Asset Nifty 8-13 yr G-Sec ETF vs SBI Gilt Fund
Direct Plan where a fund has one, Growth option · Data as on 30-10-2026
Mirae Asset Nifty 8-13 yr G-Sec ETF is a mutual fund and SBI Gilt Fund is a Gilt fund. In the 3 years to 30-10-2026, Mirae Asset Nifty 8-13 yr G-Sec ETF returned 6.6% a year and SBI Gilt Fund (Direct) returned 6.5% a year. Mirae Asset Nifty 8-13 yr G-Sec ETF charges 0.12% a year and SBI Gilt Fund 0.49%. Their portfolios overlap 44.2%: they hold 1 of the same security.
Mirae Asset Nifty 8-13 yr G-Sec ETF
- 3 year return
- 6.6%
- Expense ratio
- 0.12%
- NAV
- ₹29.76
Which is better, Mirae Asset Nifty 8-13 yr G-Sec ETF or SBI Gilt? 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 Nifty 8-13 yr G-Sec ETF returned more over 3 years: 6.6% a year against 6.5%.
- SBI Gilt returned more over 1 year: 3.3% against 1.4%.
- Mirae Asset Nifty 8-13 yr G-Sec ETF costs less: 0.12% a year against 0.49%.
- SBI Gilt swung less over 3 years: a standard deviation of 2.6% a year against 2.6%.
- SBI Gilt fell less in its worst fall since 03-04-2023: −3.2% against −3.3%.
- SBI Gilt is the larger fund: ₹8,067 Cr against ₹79 Cr.
- Their portfolios overlap 44.2%: 1 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 Nifty 8-13 yr G-Sec ETF | SBI Gilt Fund |
|---|---|---|
| Fund house | Mirae Asset Mutual Fund | SBI Mutual Fund |
| Category | Not available | Gilt |
| AUM | ₹79 Cr (30-09-2026) | ₹8,067 Cr (30-09-2026) |
| NAV | ₹29.76 | ₹72.58 (Direct) |
| Expense ratio (Direct) | Not available | 0.49% |
| Expense ratio (Regular) | Not available | 0.99% |
| Riskometer | Not available | Not available |
| Benchmark | Not available | Not available |
| Launch date | Not available | Not available |
| Minimum investment | Not available | Not available |
| Lock in | Not available | Not available |
| Fund managers | Not available | Not available |
| Exit load | Not available | Not available |
Mirae Asset Nifty 8-13 yr G-Sec ETF vs SBI Gilt: 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 Nifty 8-13 yr G-Sec ETF | −1.02% | −2.28% | +0.74% | +1.43% | +6.60% | -- | -- |
| SBI Gilt Fund (Direct) | −0.21% | −0.39% | +2.08% | +3.28% | +6.50% | +6.20% | +7.32% |
| Gilt average | −0.69% | −1.34% | +1.62% | +2.12% | +6.19% | +5.46% | +6.64% |
Category average: the average of the 28 Gilt funds, same plan type.
Mirae Asset Nifty 8-13 yr G-Sec ETF vs SBI Gilt: Year-wise Returns
| Year | Mirae Asset Nifty 8-13 yr G-Sec ETFMirae Asset Nifty 8-13 yr G-Sec ETF | SBI GiltSBI Gilt |
|---|---|---|
| 2026to date | +0.64% | +2.97% |
| 2025 | +7.26% | +5.05% |
| 2024 | +9.48% | +9.45% |
| 2023 | -- | +8.13% |
| 2022 | -- | +4.73% |
| 2021 | -- | +3.48% |
Mirae Asset Nifty 8-13 yr G-Sec ETF vs SBI Gilt: Rolling Returns
Every holding period of both funds
Rolling returns
Every 3-year holding period, 140 of them, one for each trading day from 06-04-2026 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.
Mirae Asset Nifty 8-13 yr G-Sec ETF
SBI Gilt Fund (Direct)
to
Apr 2026May 2023
to
May 2026Jul 2023
to
Jul 2026Aug 2023
to
Aug 2026Sept 2023
to
Sept 2026Oct 2023
to
Oct 2026
How the periods spread
| Fund | Below 0% | 0-5% | 5-10% | 10-15% | 15-20% | 20-25% | Above 25% | Mean | Median | Lowest | Highest |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Mirae Asset Nifty 8-13 yr G-Sec ETF | 0.0 | 0.0 | 100.0 | 0.0 | 0.0 | 0.0 | 0.0 | 7.1% | 7.1% | 6.4% | 7.7% |
| SBI Gilt | 0.0 | 0.0 | 100.0 | 0.0 | 0.0 | 0.0 | 0.0 | 6.7% | 6.6% | 6.2% | 7.1% |
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. Every fund is measured over the days all of them have, from 03-04-2023. Past returns do not promise future returns.
Mirae Asset Nifty 8-13 yr G-Sec ETF vs SBI Gilt: 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 03-04-2023 to 30-10-2026: 43 instalments, ₹4,30,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Mirae Asset Nifty 8-13 yr G-Sec ETFMirae Asset Nifty 8-13 yr G-Sec ETF | ₹4,30,000 | ₹4,68,972 | ₹38,972 | 4.8% |
| SBI GiltSBI Gilt Fund (Direct) | ₹4,30,000 | ₹4,72,305 | ₹42,305 | 5.2% |
Mirae Asset Nifty 8-13 yr G-Sec ETFMirae Asset Nifty 8-13 yr G-Sec ETF
SBI GiltSBI Gilt Fund (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.
Mirae Asset Nifty 8-13 yr G-Sec ETF vs SBI Gilt: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Mirae Asset Nifty 8-13 yr G-Sec ETF | SBI Gilt Fund (Direct) |
|---|---|---|
| Return (CAGR) | +1.43% | +3.28% |
| Standard deviation | 3.16% | 2.38% |
| Sharpe ratio | -1.21 | -0.82 |
| Sortino ratio | -1.65 | -1.13 |
| Maximum drawdown | −3.3% (23-10-2026) | −1.9% (02-04-2026) |
| Beta | -- | -- |
| Alpha | -- | -- |
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 | Mirae Asset Nifty 8-13 yr G-Sec ETF | SBI Gilt Fund (Direct) |
|---|---|---|
| Return (CAGR) | +6.60% | +6.50% |
| Standard deviation | 2.64% | 2.63% |
| Sharpe ratio | 0.22 | 0.18 |
| Sortino ratio | 0.31 | 0.25 |
| Maximum drawdown | −3.3% (23-10-2026) | −3.2% (26-08-2025) |
| Beta | -- | -- |
| Alpha | -- | -- |
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 | Mirae Asset Nifty 8-13 yr G-Sec ETF | SBI Gilt Fund (Direct) |
|---|---|---|
| Return (CAGR) | +6.47% | +8.60% |
| Standard deviation | 2.64% | 3.93% |
| Sharpe ratio | 0.12 | 0.65 |
| Sortino ratio | 0.17 | 0.95 |
| Maximum drawdown | −3.3% (23-10-2026) | −9.5% (19-08-2013) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 03-04-2023 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.
Mirae Asset Nifty 8-13 yr G-Sec ETF
SBI Gilt Fund (Direct)
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Mirae Asset Nifty 8-13 yr G-Sec ETF | −3.3% | 14-08-2026 | 23-10-2026 | Not yet | -- | −2.9% |
| SBI Gilt Fund (Direct) | −3.2% | 28-05-2025 | 26-08-2025 | 06-03-2026 | 6 months | −0.8% |
From daily values since 03-04-2023, 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.
Mirae Asset Nifty 8-13 yr G-Sec ETF
SBI Gilt Fund (Direct)
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.
Mirae Asset Nifty 8-13 yr G-Sec ETF
SBI Gilt Fund (Direct)
Mirae Asset Nifty 8-13 yr G-Sec ETF vs SBI Gilt: Portfolio Overlap
From each fund's latest monthly portfolio: Mirae Asset Nifty 8-13 yr G-Sec ETF, September 2026; SBI Gilt Fund, September 2026
Holdings in common
- Overlap
- 44.2%
- Held by both
- 1
- Only in Mirae Asset Nifty 8-13 yr G-Sec ETF
- 4
- Only in SBI Gilt
- 11
| Security | % of Mirae Asset Nifty 8-13 yr G-Sec ETF | % of SBI Gilt |
|---|---|---|
| 6.94% Government of India (MD 11/05/2036) | 50.01% | 44.20% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 44.2% means 44.2% 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 Nifty 8-13 yr G-Sec ETF
| Security | % of fund |
|---|---|
| 6.48% Government of India (MD 06/10/2035) | 23.07% |
| 7.18% Government of India (MD 24/07/2037) | 19.00% |
| 6.33% Government of India (MD 05/05/2035) | 3.62% |
| 6.79% Government of India (MD 07/10/2034) | 0.93% |
Largest holdings only in SBI Gilt Fund
| Security | % of fund |
|---|---|
| 7.71% CGL 2066 | 21.50% |
| 7.28% State Government of Andhra Pradesh 2032 | 6.61% |
| 91 DAY T-BILL 19.11.26 | 6.15% |
| 7.43% CGL 2076 | 3.22% |
| 91 DAY T-BILL 15.10.26 | 3.09% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Mirae Asset Nifty 8-13 yr G-Sec ETF | SBI Gilt |
|---|---|---|
| Equity | 0.0% | 0.0% |
| Debt | 96.6% | 87.5% |
| Cash and others | 3.4% | 12.5% |
Mirae Asset Nifty 8-13 yr G-Sec ETF vs SBI Gilt: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Mirae Asset Nifty 8-13 yr G-Sec ETF | SBI Gilt Fund |
|---|---|---|
| Total expense ratio (Direct) | Not available | 0.49% |
| Base expense ratio (Direct) | 0.00% | 0.40% |
| Total expense ratio (Regular) | Not available | 0.99% |
| Base expense ratio (Regular) | 0.09% | 0.82% |
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.
More comparisons
Each fund against the others of its category
Mirae Asset Nifty 8-13 yr G-Sec ETF vs SBI Gilt Fund: Frequently Asked Questions
What is the difference between Mirae Asset Nifty 8-13 yr G-Sec ETF and SBI Gilt Fund?
Mirae Asset Nifty 8-13 yr G-Sec ETF is a mutual fund, SBI Gilt Fund is a Gilt fund, run by Mirae Asset Mutual Fund and SBI Mutual Fund. Their portfolios overlap 44.2%. Mirae Asset Nifty 8-13 yr G-Sec ETF charges 0.12% a year and SBI Gilt Fund 0.49%.
Which has given higher returns, Mirae Asset Nifty 8-13 yr G-Sec ETF or SBI Gilt Fund?
Over 1 year: Mirae Asset Nifty 8-13 yr G-Sec ETF +1.43%, SBI Gilt Fund +3.28%. Over 3 years: Mirae Asset Nifty 8-13 yr G-Sec ETF +6.60% a year, SBI Gilt Fund +6.50% a year. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, Mirae Asset Nifty 8-13 yr G-Sec ETF or SBI Gilt Fund?
Mirae Asset Nifty 8-13 yr G-Sec ETF charges less: 0.12% a year against 0.49%. These are the total expense ratios reported to AMFI.
How much do Mirae Asset Nifty 8-13 yr G-Sec ETF and SBI Gilt Fund overlap?
44.2%. They hold 1 of the same securities, the largest shared ones being 6.94% Government of India (MD 11/05/2036). From each fund's latest monthly portfolio.
Which is better for SIP, Mirae Asset Nifty 8-13 yr G-Sec ETF or SBI Gilt Fund?
Over the last 3 years, a monthly SIP of ₹10,000 from 03-10-2023 to 30-10-2026 grew to ₹3,95,646 in Mirae Asset Nifty 8-13 yr G-Sec ETF (XIRR 4.3% a year) and ₹3,98,664 in SBI Gilt Fund (XIRR 4.8% a year). Both received 37 instalments. Past returns do not promise future returns.
Can I invest in both Mirae Asset Nifty 8-13 yr G-Sec ETF and SBI Gilt Fund?
Yes. 44.2% 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.