Mirae Asset Nifty IT ETF vs SBI Nifty IT ETF
Direct Plan where a fund has one, Growth option · Data as on 30-10-2026
Mirae Asset Nifty IT ETF is an ETF fund and SBI Nifty IT ETF is a mutual fund. In the 3 years to 30-10-2026, Mirae Asset Nifty IT ETF returned 4.1% a year and SBI Nifty IT ETF (Regular) returned 3.9% a year. Mirae Asset Nifty IT ETF charges 0.39% a year and SBI Nifty IT ETF 0.25%. Their portfolios overlap 100.0%: they hold 10 of the same securities.
Which is better, Mirae Asset Nifty IT ETF or SBI Nifty IT 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 Nifty IT ETF returned more over 3 years: 4.1% a year against 3.9%.
- Mirae Asset Nifty IT ETF returned more over 1 year: −7.6% against −7.8%.
- SBI Nifty IT ETF costs less: 0.25% a year against 0.39%.
- SBI Nifty IT ETF swung less over 3 years: a standard deviation of 22.5% a year against 22.5%.
- Mirae Asset Nifty IT ETF fell less in its worst fall since 23-10-2023: −42.1% against −42.2%.
- Mirae Asset Nifty IT ETF is the larger fund: ₹92 Cr against ₹70 Cr.
- Their portfolios overlap 100.0%: 10 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 IT ETF | SBI Nifty IT ETF |
|---|---|---|
| Fund house | Mirae Asset Mutual Fund | SBI Mutual Fund |
| Category | ETF | Not available |
| AUM | ₹92 Cr (30-09-2026) | ₹70 Cr (30-09-2026) |
| NAV | ₹34.69 | ₹362.75 (Regular) |
| Expense ratio (Direct) | Not available | Not available |
| Expense ratio (Regular) | Not available | 0.25% |
| Riskometer | Very High | Not available |
| Benchmark | Nifty IT TRI | Not available |
| Launch date | 20-10-2023 | Not available |
| Minimum investment | On exchange in multiple of 1 unit. With AMC: In multiples of 1,20,000 units | Not available |
| Lock in | None | Not available |
| Fund managers | Ekta Gala, amp, Ritesh Patel | Not available |
| Exit load | NIL | Not available |
Mirae Asset Nifty IT ETF vs SBI Nifty IT 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 Nifty IT ETF | +18.05% | +4.87% | +12.15% | −7.64% | +4.11% | -- | -- |
| SBI Nifty IT ETF (Regular) | +18.03% | +4.80% | +11.96% | −7.85% | +3.94% | +0.67% | -- |
Mirae Asset Nifty IT ETF vs SBI Nifty IT ETF: Year-wise Returns
| Year | Mirae AssetMirae Asset Nifty IT ETF | SBISBI Nifty IT ETF | Nifty IT TRI |
|---|---|---|---|
| 2026to date | −12.49% | −12.68% | −12.48% |
| 2025 | −10.54% | −10.62% | −10.44% |
| 2024 | +24.27% | +24.07% | +24.42% |
| 2023 | -- | +25.94% | +26.30% |
| 2022 | -- | −24.66% | −24.46% |
| 2021 | -- | +62.03% | +62.35% |
Mirae Asset Nifty IT ETF vs SBI Nifty IT ETF: Rolling Returns
Every holding period of both funds, against Nifty IT TRI, the benchmark of both
Rolling returns
Every 1-year holding period, 499 of them, one for each trading day from 23-10-2024 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.
Mirae Asset Nifty IT ETF
SBI Nifty IT ETF (Regular)
Nifty IT TRI
to
Dec 2024Apr 2024
to
Apr 2025Aug 2024
to
Aug 2025Dec 2024
to
Dec 2025May 2025
to
May 2026Sept 2025
to
Sept 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Mirae Asset Nifty IT ETF | 65.9 | 3.8 | 5.8 | 7.4 | 5.6 | 1.4 | 10.0 | −3.0% | −9.8% | −32.2% | 41.7% | 5% |
| SBI Nifty IT ETF | 66.0 | 4.3 | 5.3 | 7.3 | 5.7 | 1.2 | 10.1 | −3.2% | −9.9% | −32.3% | 41.4% | 0% |
| Nifty IT TRI | 65.9 | 3.6 | 6.0 | 7.0 | 5.8 | 1.6 | 10.0 | −2.9% | −9.7% | −32.2% | 41.8% | -- |
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 IT 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 23-10-2023. Past returns do not promise future returns.
Mirae Asset Nifty IT ETF vs SBI Nifty IT 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 23-10-2023 to 30-10-2026: 37 instalments, ₹3,70,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Mirae Asset Nifty IT ETFMirae Asset Nifty IT ETF | ₹3,70,000 | ₹3,56,900 | −₹13,100 | −2.3% |
| SBI Nifty IT ETFSBI Nifty IT ETF (Regular) | ₹3,70,000 | ₹3,55,599 | −₹14,401 | −2.5% |
Mirae Asset Nifty IT ETFMirae Asset Nifty IT ETF
SBI Nifty IT ETFSBI Nifty IT ETF (Regular)
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 IT ETF vs SBI Nifty IT ETF: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Mirae Asset Nifty IT ETF | SBI Nifty IT ETF (Regular) |
|---|---|---|
| Return (CAGR) | −7.64% | −7.85% |
| Standard deviation | 26.09% | 26.08% |
| Sharpe ratio | -0.49 | -0.50 |
| Sortino ratio | -0.69 | -0.70 |
| Maximum drawdown | −34.0% (01-07-2026) | −34.1% (01-07-2026) |
| Beta | 1.00 | 1.00 |
| Alpha | −0.03% | −0.24% |
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 IT ETF | SBI Nifty IT ETF (Regular) |
|---|---|---|
| Return (CAGR) | +4.11% | +3.94% |
| Standard deviation | 22.53% | 22.53% |
| Sharpe ratio | -0.08 | -0.09 |
| Sortino ratio | -0.12 | -0.13 |
| Maximum drawdown | −42.1% (01-07-2026) | −42.2% (01-07-2026) |
| Beta | 1.00 | 1.00 |
| Alpha | −0.10% | −0.27% |
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 IT ETF | SBI Nifty IT ETF (Regular) |
|---|---|---|
| Return (CAGR) | +3.98% | +9.01% |
| Standard deviation | 22.48% | 21.72% |
| Sharpe ratio | -0.09 | 0.17 |
| Sortino ratio | -0.13 | 0.24 |
| Maximum drawdown | −42.1% (01-07-2026) | −42.2% (01-07-2026) |
| Beta | 1.00 | 1.00 |
| Alpha | −0.10% | −0.27% |
From daily NAVs, 23-10-2023 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.
Mirae Asset Nifty IT ETF
SBI Nifty IT ETF (Regular)
Nifty IT TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Mirae Asset Nifty IT ETF | −42.1% | 13-12-2024 | 01-07-2026 | Not yet | -- | −26.3% |
| SBI Nifty IT ETF (Regular) | −42.2% | 13-12-2024 | 01-07-2026 | Not yet | -- | −26.5% |
| Nifty IT TRI | −42.0% | 13-12-2024 | 01-07-2026 | Not yet | -- | −26.1% |
From daily values since 23-10-2023, 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.
Mirae Asset Nifty IT ETF
SBI Nifty IT ETF (Regular)
Nifty IT 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.
Mirae Asset Nifty IT ETF
SBI Nifty IT ETF (Regular)
Nifty IT TRI
Against Nifty IT TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| Mirae Asset Nifty IT ETF | 100% | 100% | 0.07% |
| SBI Nifty IT ETF (Regular) | 100% | 100% | 0.07% |
From month-end values since 23-10-2023. 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.
Mirae Asset Nifty IT ETF vs SBI Nifty IT ETF: Portfolio Overlap
From each fund's latest monthly portfolio: Mirae Asset Nifty IT ETF, September 2026; SBI Nifty IT ETF, September 2026
Holdings in common
- Overlap
- 100.0%
- Held by both
- 10
- Only in Mirae Asset Nifty IT ETF
- 0
- Only in SBI Nifty IT ETF
- 0
| Security | % of Mirae Asset Nifty IT ETF | % of SBI Nifty IT ETF |
|---|---|---|
| Infosys Ltd. | 31.30% | 31.30% |
| Tata Consultancy Services Ltd. | 19.08% | 19.08% |
| HCL Technologies Ltd. | 11.81% | 11.81% |
| Tech Mahindra Ltd. | 10.47% | 10.47% |
| Coforge Ltd. | 6.59% | 6.59% |
| Persistent Systems Ltd. | 6.21% | 6.21% |
| Wipro Ltd. | 4.64% | 4.64% |
| LTM Ltd. | 4.06% | 4.06% |
| Mphasis Ltd. | 3.09% | 3.09% |
| Oracle Financial Services Software Ltd. | 2.75% | 2.75% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 100.0% means 100.0% 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 IT ETF
Every holding of this fund is also held by the other.
Largest holdings only in SBI Nifty IT 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 Nifty IT ETF | SBI Nifty IT 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 Nifty IT ETF | SBI Nifty IT ETF |
|---|---|---|
| Large Cap | 81.4% | 81.4% |
| Mid Cap | 18.6% | 18.6% |
| 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 | Mirae Asset Nifty IT ETF | SBI Nifty IT ETF |
|---|---|---|
| IT - Software | 100.0% | 100.0% |
The six largest sectors of each fund's stocks, % of the fund.
Mirae Asset Nifty IT ETF vs SBI Nifty IT ETF: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Mirae Asset Nifty IT ETF | SBI Nifty IT ETF |
|---|---|---|
| Base expense ratio (Direct) | 0.00% | 0.00% |
| Total expense ratio (Regular) | Not available | 0.25% |
| Base expense ratio (Regular) | 0.09% | 0.17% |
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 Nifty IT ETF vs SBI Nifty IT ETF: Frequently Asked Questions
What is the difference between Mirae Asset Nifty IT ETF and SBI Nifty IT ETF?
Mirae Asset Nifty IT ETF is an ETF fund, SBI Nifty IT ETF is a mutual fund, run by Mirae Asset Mutual Fund and SBI Mutual Fund. Their portfolios overlap 100.0%. Mirae Asset Nifty IT ETF charges 0.39% a year and SBI Nifty IT ETF 0.25%.
Which has given higher returns, Mirae Asset Nifty IT ETF or SBI Nifty IT ETF?
Over 1 year: Mirae Asset Nifty IT ETF −7.64%, SBI Nifty IT ETF −7.85%. Over 3 years: Mirae Asset Nifty IT ETF +4.11% a year, SBI Nifty IT ETF +3.94% a year. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, Mirae Asset Nifty IT ETF or SBI Nifty IT ETF?
SBI Nifty IT ETF charges less: 0.25% a year against 0.39%. These are the total expense ratios reported to AMFI.
How much do Mirae Asset Nifty IT ETF and SBI Nifty IT ETF overlap?
100.0%. They hold 10 of the same securities, the largest shared ones being INFY, TCS, HCLTECH. From each fund's latest monthly portfolio.
Which is better for SIP, Mirae Asset Nifty IT ETF or SBI Nifty IT ETF?
Over the last 3 years, a monthly SIP of ₹10,000 from 23-10-2023 to 30-10-2026 grew to ₹3,56,900 in Mirae Asset Nifty IT ETF (XIRR -2.3% a year) and ₹3,55,599 in SBI Nifty IT ETF (XIRR -2.5% a year). Both received 37 instalments. Past returns do not promise future returns.
Can I invest in both Mirae Asset Nifty IT ETF and SBI Nifty IT ETF?
Yes. 100.0% 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.