Mirae Asset Nifty India Infrastructure & Logistics ETF vs Nippon India Power & Infra Fund
Direct Plan where a fund has one, Growth option · Data as on 30-10-2026
Mirae Asset Nifty India Infrastructure & Logistics ETF is an ETF fund and Nippon India Power & Infra Fund is a Sectoral fund. Mirae Asset Nifty India Infrastructure & Logistics ETF charges 0.37% a year and Nippon India Power & Infra Fund 1.11%. Their portfolios overlap 36.4%: they hold 36 of the same securities.
Mirae Asset Nifty India Infrastructure & Logistics ETF
ETF
- Expense ratio
- 0.37%
- NAV
- ₹11.15
Nippon India Power & Infra Fund
Sectoral
- Expense ratio
- 1.11%
- NAV
- ₹381.72
Which is better, Mirae Asset Nifty India Infrastructure & Logistics ETF or Nippon India Power & Infra? 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 India Infrastructure & Logistics ETF costs less: 0.37% a year against 1.11%.
- Nippon India Power & Infra fell less in its worst fall since 13-02-2026: −12.8% against −13.6%.
- Mirae Asset Nifty India Infrastructure & Logistics ETF holds more in large companies: 66.0% of the fund in large caps against 47.1%.
- Nippon India Power & Infra is the larger fund: ₹7,867 Cr against ₹11 Cr.
- Their portfolios overlap 36.4%: 36 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 India Infrastructure & Logistics ETF | Nippon India Power & Infra Fund |
|---|---|---|
| Fund house | Mirae Asset Mutual Fund | Nippon India Mutual Fund |
| Category | ETF | Sectoral |
| AUM | ₹11 Cr (30-09-2026) | ₹7,867 Cr (30-09-2026) |
| NAV | ₹11.15 | ₹381.72 (Direct) |
| Expense ratio (Direct) | Not available | 1.11% |
| Expense ratio (Regular) | Not available | 1.96% |
| Riskometer | Very High | Very High |
| Benchmark | Nifty India Infrastructure & Logistics TRI | Nifty Infrastructure TRI |
| Launch date | 12-02-2026 | 08-05-2004 |
| Minimum investment | On exchange in multiple of 1 unit. With AMC: In multiples of 5,000 units | ₹5,000 |
| Lock in | None | None |
| Fund managers | Ekta Gala, amp, Vishal Singh | Rahul Modi |
| Exit load | NIL | Exit load of 1% if redeemed within 1 month. |
Mirae Asset Nifty India Infrastructure & Logistics ETF vs Nippon India Power & Infra: 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 India Infrastructure & Logistics ETF | −3.12% | −7.16% | −6.63% | -- | -- | -- | -- |
| Nippon India Power & Infra Fund (Direct) | −5.27% | −7.40% | −7.57% | −2.17% | +16.41% | +18.38% | +16.60% |
| Sectoral average | −1.70% | −4.49% | +2.30% | −0.58% | +15.61% | +14.51% | +14.77% |
Category average: the average of the 20 Sectoral funds, same plan type.
Mirae Asset Nifty India Infrastructure & Logistics ETF vs Nippon India Power & Infra: Year-wise Returns
| Year | Mirae Asset Nifty India Infrastructure & Logistics ETFMirae Asset Nifty India Infrastructure & Logistics ETF | Nippon India Power & InfraNippon India Power & Infra |
|---|---|---|
| 2026to date | -- | +1.60% |
| 2025 | -- | +0.37% |
| 2024 | -- | +27.98% |
| 2023 | -- | +59.03% |
| 2022 | -- | +11.64% |
| 2021 | -- | +49.69% |
Mirae Asset Nifty India Infrastructure & Logistics ETF vs Nippon India Power & Infra: Rolling Returns
Every holding period of both funds, against Nifty India Infrastructure & Logistics TRI, the benchmark of Mirae Asset Nifty India Infrastructure & Logistics ETF
Mirae Asset Nifty India Infrastructure & Logistics ETF vs Nippon India Power & Infra: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Mirae Asset Nifty India Infrastructure & Logistics ETF | Nippon India Power & Infra Fund (Direct) |
|---|---|---|
| Return (CAGR) | −2.64% | +14.28% |
| Standard deviation | 18.87% | 18.67% |
| Sharpe ratio | -0.42 | 0.44 |
| Sortino ratio | -0.56 | 0.59 |
| Maximum drawdown | −13.6% (23-10-2026) | −53.2% (24-03-2020) |
| Beta | 1.00 | 0.87 |
| Alpha | −0.26% | +4.30% |
From daily NAVs, 13-02-2026 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 India Infrastructure & Logistics ETF
Nippon India Power & Infra Fund (Direct)
Nifty India Infrastructure & Logistics TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Mirae Asset Nifty India Infrastructure & Logistics ETF | −13.6% | 22-06-2026 | 23-10-2026 | Not yet | -- | −11.0% |
| Nippon India Power & Infra Fund (Direct) | −12.8% | 22-06-2026 | 23-10-2026 | Not yet | -- | −10.8% |
| Nifty India Infrastructure & Logistics TRI | −13.6% | 22-06-2026 | 23-10-2026 | Not yet | -- | −10.9% |
From daily values since 13-02-2026, the first day every fund has.
Mirae Asset Nifty India Infrastructure & Logistics ETF vs Nippon India Power & Infra: Portfolio Overlap
From each fund's latest monthly portfolio: Mirae Asset Nifty India Infrastructure & Logistics ETF, September 2026; Nippon India Power & Infra Fund, September 2026
Holdings in common
- Overlap
- 36.4%
- Held by both
- 36
- Only in Mirae Asset Nifty India Infrastructure & Logistics ETF
- 64
- Only in Nippon India Power & Infra
- 48
| Security | % of Mirae Asset Nifty India Infrastructure & Logistics ETF | % of Nippon India Power & Infra |
|---|---|---|
| Larsen & Toubro Ltd. | 4.93% | 5.33% |
| NTPC Ltd. | 4.77% | 5.17% |
| Bharti Airtel Ltd. | 5.01% | 2.30% |
| Hindustan Aeronautics Ltd. | 2.75% | 2.20% |
| Ultratech Cement Ltd. | 4.03% | 1.95% |
| Bharat Heavy Electricals Ltd. | 1.88% | 3.38% |
| Tata Power Company Ltd. | 1.88% | 1.73% |
| CG Power and Industrial Solutions Ltd. | 1.82% | 1.49% |
| Cummins India Ltd. | 2.00% | 1.27% |
| Adani Ports and Special Economic Zone Ltd. | 4.38% | 1.17% |
| JSW Energy Ltd. | 0.94% | 1.38% |
| The Phoenix Mills Ltd. | 1.12% | 0.94% |
| Siemens Energy India Ltd. | 0.88% | 0.92% |
| Ambuja Cements Ltd. | 0.73% | 1.99% |
| Interglobe Aviation Ltd. | 3.51% | 0.70% |
| GE Vernova T&D India Ltd. | 1.62% | 0.69% |
| GAIL (India) Ltd. | 1.43% | 0.69% |
| JSW Infrastructure Ltd. | 0.66% | 1.37% |
| Kirloskar Oil Engines Ltd. | 0.60% | 0.59% |
| Siemens Ltd. | 1.02% | 0.57% |
| TD Power Systems Ltd. | 0.56% | 1.60% |
| Shree Cement Ltd. | 0.91% | 0.51% |
| Container Corporation of India Ltd. | 0.48% | 0.60% |
| Tata Communications Ltd. | 0.60% | 0.41% |
| Elgi Equipments Ltd. | 0.41% | 0.82% |
| Tata Motors Ltd. | 2.74% | 0.38% |
| NHPC Ltd. | 0.85% | 0.37% |
| Brigade Enterprises Ltd. | 0.33% | 0.86% |
| Bharat Dynamics Ltd. | 0.32% | 0.91% |
| NLC India Ltd. | 0.30% | 0.81% |
| Data Patterns (India) Ltd. | 0.40% | 0.27% |
| NTPC Green Energy Ltd. | 0.27% | 4.29% |
| CESC Ltd. | 0.26% | 0.93% |
| Triveni Turbine Ltd. | 0.20% | 2.13% |
| KEC International Ltd. | 0.15% | 0.26% |
| Afcons Infrastructure Ltd. | 0.12% | 0.72% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 36.4% means 36.4% 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 India Infrastructure & Logistics ETF
| Security | % of fund |
|---|---|
| Bharat Electronics Ltd. | 4.33% |
| Power Grid Corporation of India Ltd. | 3.67% |
| Grasim Industries Ltd. | 3.59% |
| Adani Power Ltd. | 2.64% |
| Suzlon Energy Ltd. | 1.49% |
Largest holdings only in Nippon India Power & Infra Fund
| Security | % of fund |
|---|---|
| Reliance Industries Limited | 7.03% |
| Power Finance Corporation Limited | 2.72% |
| Carborundum Universal Limited | 2.39% |
| Acme Solar Holdings Ltd | 2.18% |
| Samvardhana Motherson International Limited | 1.97% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Mirae Asset Nifty India Infrastructure & Logistics ETF | Nippon India Power & Infra |
|---|---|---|
| Equity | 99.8% | 99.3% |
| Debt | 0.0% | 0.0% |
| Cash and others | 0.2% | 0.7% |
Market cap of stocks
| Market cap | Mirae Asset Nifty India Infrastructure & Logistics ETF | Nippon India Power & Infra |
|---|---|---|
| Large Cap | 66.0% | 47.1% |
| Mid Cap | 21.0% | 23.1% |
| Small Cap | 12.2% | 25.0% |
| Not on AMFI's list | 0.6% | 4.0% |
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 | Mirae Asset Nifty India Infrastructure & Logistics ETF | Nippon India Power & Infra |
|---|---|---|
| Power | 19.9% | 18.3% |
| Electrical Equipment | 13.0% | 15.2% |
| Cement & Cement Products | 10.9% | 5.4% |
| Telecom - Services | 9.2% | 2.7% |
| Aerospace & Defense | 8.2% | 5.4% |
| Auto Components | 0.0% | 7.6% |
| Construction | 7.2% | 7.0% |
| Petroleum Products | 0.0% | 7.0% |
| Industrial Products | 3.0% | 6.3% |
The six largest sectors of each fund's stocks, % of the fund.
Mirae Asset Nifty India Infrastructure & Logistics ETF vs Nippon India Power & Infra: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Mirae Asset Nifty India Infrastructure & Logistics ETF | Nippon India Power & Infra Fund |
|---|---|---|
| Total expense ratio (Direct) | Not available | 1.11% |
| Base expense ratio (Direct) | 0.00% | 0.81% |
| Total expense ratio (Regular) | Not available | 1.96% |
| Base expense ratio (Regular) | 0.22% | 1.54% |
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 India Infrastructure & Logistics ETF vs Nippon India Power & Infra Fund: Frequently Asked Questions
What is the difference between Mirae Asset Nifty India Infrastructure & Logistics ETF and Nippon India Power & Infra Fund?
Mirae Asset Nifty India Infrastructure & Logistics ETF is an ETF fund, Nippon India Power & Infra Fund is a Sectoral fund, run by Mirae Asset Mutual Fund and Nippon India Mutual Fund. Their portfolios overlap 36.4%. Mirae Asset Nifty India Infrastructure & Logistics ETF charges 0.37% a year and Nippon India Power & Infra Fund 1.11%.
Which has the lower expense ratio, Mirae Asset Nifty India Infrastructure & Logistics ETF or Nippon India Power & Infra Fund?
Mirae Asset Nifty India Infrastructure & Logistics ETF charges less: 0.37% a year against 1.11%. These are the total expense ratios reported to AMFI.
How much do Mirae Asset Nifty India Infrastructure & Logistics ETF and Nippon India Power & Infra Fund overlap?
36.4%. They hold 36 of the same securities, the largest shared ones being LT, NTPC, BHARTIARTL. From each fund's latest monthly portfolio.
Which is riskier, Mirae Asset Nifty India Infrastructure & Logistics ETF or Nippon India Power & Infra Fund?
On SEBI's riskometer, Mirae Asset Nifty India Infrastructure & Logistics ETF is rated Very High and Nippon India Power & Infra Fund Very High. Over their common history, the standard deviation of daily returns was 18.87% and 18.67% a year.
Can I invest in both Mirae Asset Nifty India Infrastructure & Logistics ETF and Nippon India Power & Infra Fund?
Yes. 36.4% of each fund's money sits in the same holdings, so some of the two investments would move together.
Who manages Mirae Asset Nifty India Infrastructure & Logistics ETF and Nippon India Power & Infra Fund?
Mirae Asset Nifty India Infrastructure & Logistics ETF: Ekta Gala, amp, Vishal Singh. Nippon India Power & Infra Fund: Rahul Modi.
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.