Motilal Oswal Nifty Next 50 Index Fund vs Nippon India ETF BSE Sensex Next 50
Direct Plan, Growth option · Data as on 30-10-2026
Motilal Oswal Nifty Next 50 Index Fund is a mutual fund and Nippon India ETF BSE Sensex Next 50 is a mutual fund. In the 3 years to 30-10-2026, Motilal Oswal Nifty Next 50 Index Fund (Direct) returned 16.1% a year and Nippon India ETF BSE Sensex Next 50 (Direct) returned 14.5% a year. Motilal Oswal Nifty Next 50 Index Fund charges 0.45% a year and Nippon India ETF BSE Sensex Next 50 0.29% (Direct plans). Their portfolios overlap 50.6%: they hold 24 of the same securities.
Motilal Oswal Nifty Next 50 Index Fund
- 3 year return
- 16.1%
- Expense ratio
- 0.45%
- NAV
- ₹24.36
Nippon India ETF BSE Sensex Next 50
- 3 year return
- 14.5%
- Expense ratio
- 0.29%
- NAV
- ₹85.39
Which is better, Motilal Oswal Nifty Next 50 Index or Nippon India ETF BSE Sensex Next 50? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Nippon India ETF BSE Sensex Next 50 returned more over 5 years: 12.0% a year against 10.6%.
- Motilal Oswal Nifty Next 50 Index returned more over 3 years: 16.1% a year against 14.5%.
- Nippon India ETF BSE Sensex Next 50 costs less: 0.29% a year against 0.45% (Direct plans).
- Nippon India ETF BSE Sensex Next 50 swung less over 3 years: a standard deviation of 16.9% a year against 18.3%.
- Motilal Oswal Nifty Next 50 Index fell less in its worst fall since 26-12-2019: −35.6% against −38.3%.
- Motilal Oswal Nifty Next 50 Index holds more in large companies: 95.4% of the fund in large caps against 58.0%.
- Motilal Oswal Nifty Next 50 Index is the larger fund: ₹509 Cr against ₹138 Cr.
- Their portfolios overlap 50.6%: 24 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 | Motilal Oswal Nifty Next 50 Index Fund | Nippon India ETF BSE Sensex Next 50 |
|---|---|---|
| Fund house | Motilal Oswal Mutual Fund | Nippon India Mutual Fund |
| Category | Not available | Not available |
| AUM | ₹509 Cr (30-09-2026) | ₹138 Cr (30-09-2026) |
| NAV | ₹24.36 (Direct) | ₹85.39 (Direct) |
| Expense ratio (Direct) | 0.45% | 0.29% |
| Expense ratio (Regular) | 1.16% | Not available |
| 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 |
Motilal Oswal Nifty Next 50 Index vs Nippon India ETF BSE Sensex Next 50: 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 |
|---|---|---|---|---|---|---|---|
| Motilal Oswal Nifty Next 50 Index Fund (Direct) | −2.89% | −6.68% | −2.48% | −2.87% | +16.11% | +10.57% | -- |
| Nippon India ETF BSE Sensex Next 50 (Direct) | −2.81% | −7.78% | −3.51% | −6.69% | +14.46% | +12.04% | -- |
Motilal Oswal Nifty Next 50 Index vs Nippon India ETF BSE Sensex Next 50: Year-wise Returns
| Year | Motilal Oswal Nifty Next 50 IndexMotilal Oswal Nifty Next 50 Index | Nippon India ETF BSE Sensex Next 50Nippon India ETF BSE Sensex Next 50 |
|---|---|---|
| 2026to date | −1.87% | −6.61% |
| 2025 | +2.59% | +7.62% |
| 2024 | +27.89% | +26.06% |
| 2023 | +26.99% | +34.13% |
| 2022 | +0.52% | +4.75% |
| 2021 | +29.98% | +30.53% |
Motilal Oswal Nifty Next 50 Index vs Nippon India ETF BSE Sensex Next 50: Rolling Returns
Every holding period of both funds, against Nifty Next 50 TRI, the benchmark of Motilal Oswal Nifty Next 50 Index Fund
Rolling returns
Every 3-year holding period, 946 of them, one for each trading day from 26-12-2022 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.
Motilal Oswal Nifty Next 50 Index Fund (Direct)
Nippon India ETF BSE Sensex Next 50 (Direct)
Nifty Next 50 TRI
to
Apr 2023Dec 2020
to
Dec 2023Aug 2021
to
Aug 2024Apr 2022
to
Apr 2025Nov 2022
to
Nov 2025Jul 2023
to
Jul 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Motilal Oswal Nifty Next 50 Index | 0.0 | 0.0 | 0.3 | 9.2 | 57.7 | 32.6 | 0.2 | 18.8% | 18.8% | 9.5% | 26.5% | 0% |
| Nippon India ETF BSE Sensex Next 50 | 0.0 | 0.0 | 0.0 | 5.2 | 28.2 | 51.3 | 15.4 | 21.4% | 21.7% | 13.4% | 32.5% | 84% |
| Nifty Next 50 TRI | 0.0 | 0.0 | 0.0 | 7.7 | 52.1 | 39.9 | 0.3 | 19.3% | 19.4% | 10.4% | 27.9% | -- |
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 Next 50 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 26-12-2019. Past returns do not promise future returns.
Motilal Oswal Nifty Next 50 Index vs Nippon India ETF BSE Sensex Next 50: 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 26-12-2019 to 30-10-2026: 83 instalments, ₹8,30,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Motilal Oswal Nifty Next 50 IndexMotilal Oswal Nifty Next 50 Index Fund (Direct) | ₹8,30,000 | ₹13,07,493 | ₹4,77,493 | 12.9% |
| Nippon India ETF BSE Sensex Next 50Nippon India ETF BSE Sensex Next 50 (Direct) | ₹8,30,000 | ₹13,69,157 | ₹5,39,157 | 14.2% |
Motilal Oswal Nifty Next 50 IndexMotilal Oswal Nifty Next 50 Index Fund (Direct)
Nippon India ETF BSE Sensex Next 50Nippon India ETF BSE Sensex Next 50 (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.
Motilal Oswal Nifty Next 50 Index vs Nippon India ETF BSE Sensex Next 50: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Motilal Oswal Nifty Next 50 Index Fund (Direct) | Nippon India ETF BSE Sensex Next 50 (Direct) |
|---|---|---|
| Return (CAGR) | −2.87% | −6.69% |
| Standard deviation | 17.37% | 16.33% |
| Sharpe ratio | -0.47 | -0.73 |
| Sortino ratio | -0.62 | -0.96 |
| Maximum drawdown | −14.4% (31-03-2026) | −14.9% (31-03-2026) |
| Beta | 1.00 | 1.00 |
| Alpha | −0.38% | −0.28% |
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 | Motilal Oswal Nifty Next 50 Index Fund (Direct) | Nippon India ETF BSE Sensex Next 50 (Direct) |
|---|---|---|
| Return (CAGR) | +16.11% | +14.46% |
| Standard deviation | 18.34% | 16.86% |
| Sharpe ratio | 0.55 | 0.50 |
| Sortino ratio | 0.74 | 0.68 |
| Maximum drawdown | −26.4% (28-02-2025) | −20.7% (28-02-2025) |
| Beta | 1.00 | 1.00 |
| Alpha | −0.40% | −0.35% |
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 | Motilal Oswal Nifty Next 50 Index Fund (Direct) | Nippon India ETF BSE Sensex Next 50 (Direct) |
|---|---|---|
| Return (CAGR) | +10.57% | +12.04% |
| Standard deviation | 17.70% | 16.87% |
| Sharpe ratio | 0.27 | 0.37 |
| Sortino ratio | 0.36 | 0.50 |
| Maximum drawdown | −26.4% (28-02-2025) | −20.7% (28-02-2025) |
| Beta | 1.00 | 1.00 |
| Alpha | −0.37% | −0.38% |
From daily NAVs, 29-10-2021 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 | Motilal Oswal Nifty Next 50 Index Fund (Direct) | Nippon India ETF BSE Sensex Next 50 (Direct) |
|---|---|---|
| Return (CAGR) | +13.97% | +15.71% |
| Standard deviation | 18.91% | 18.91% |
| Sharpe ratio | 0.47 | 0.56 |
| Sortino ratio | 0.61 | 0.74 |
| Maximum drawdown | −35.6% (23-03-2020) | −38.3% (23-03-2020) |
| Beta | 0.99 | 1.00 |
| Alpha | −0.51% | −0.65% |
From daily NAVs, 26-12-2019 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.
Motilal Oswal Nifty Next 50 Index Fund (Direct)
Nippon India ETF BSE Sensex Next 50 (Direct)
Nifty Next 50 TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Motilal Oswal Nifty Next 50 Index Fund (Direct) | −35.6% | 24-01-2020 | 23-03-2020 | 13-11-2020 | 8 months | −11.8% |
| Nippon India ETF BSE Sensex Next 50 (Direct) | −38.3% | 07-02-2020 | 23-03-2020 | 17-11-2020 | 8 months | −10.0% |
| Nifty Next 50 TRI | −36.2% | 24-01-2020 | 23-03-2020 | 12-11-2020 | 8 months | −11.3% |
From daily values since 26-12-2019, 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.
Motilal Oswal Nifty Next 50 Index Fund (Direct)
Nippon India ETF BSE Sensex Next 50 (Direct)
Nifty Next 50 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.
Motilal Oswal Nifty Next 50 Index Fund (Direct)
Nippon India ETF BSE Sensex Next 50 (Direct)
Nifty Next 50 TRI
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 5-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
Motilal Oswal Nifty Next 50 Index Fund (Direct)
Nippon India ETF BSE Sensex Next 50 (Direct)
Nifty Next 50 TRI
Against Nifty Next 50 TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| Motilal Oswal Nifty Next 50 Index Fund (Direct) | 98% | 100% | 0.44% |
| Nippon India ETF BSE Sensex Next 50 (Direct) | 94% | 84% | 5.39% |
From month-end values since 26-12-2019. 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.
Motilal Oswal Nifty Next 50 Index vs Nippon India ETF BSE Sensex Next 50: Portfolio Overlap
From each fund's latest monthly portfolio: Motilal Oswal Nifty Next 50 Index Fund, September 2026; Nippon India ETF BSE Sensex Next 50, September 2026
Holdings in common
- Overlap
- 50.6%
- Held by both
- 24
- Only in Motilal Oswal Nifty Next 50 Index
- 26
- Only in Nippon India ETF BSE Sensex Next 50
- 26
| Security | % of Motilal Oswal Nifty Next 50 Index | % of Nippon India ETF BSE Sensex Next 50 |
|---|---|---|
| Divi's Laboratories Limited | 4.84% | 4.37% |
| Tata Motors Ltd | 3.61% | 3.27% |
| Adani Power Limited | 3.48% | 3.19% |
| Samvardhana Motherson International Limited | 2.96% | 2.67% |
| Cholamandalam Investment and Finance Company Limited | 2.88% | 2.59% |
| Cummins India Limited | 2.63% | 2.38% |
| Avenue Supermarts Limited | 2.51% | 2.29% |
| Tata Power Company Limited | 2.47% | 2.20% |
| Bharat Petroleum Corporation Limited | 2.49% | 2.18% |
| Varun Beverages Ltd | 2.42% | 2.16% |
| CG Power and Industrial Solutions Limited | 2.40% | 2.15% |
| Britannia Industries Limited | 2.33% | 2.10% |
| Indian Oil Corporation Limited | 2.07% | 1.82% |
| Power Finance Corporation Limited | 1.94% | 1.75% |
| HDFC Asset Management Company Limited | 1.91% | 1.70% |
| GAIL (India) Limited | 1.88% | 1.70% |
| Bajaj Holdings & Investment Limited | 1.91% | 1.68% |
| Pidilite Industries Limited | 1.86% | 1.66% |
| DLF Limited | 1.77% | 1.60% |
| Bank of Baroda | 1.75% | 1.59% |
| Canara Bank | 1.64% | 1.48% |
| Punjab National Bank | 1.60% | 1.44% |
| LTM Limited | 1.54% | 1.36% |
| Godrej Consumer Products Limited | 1.40% | 1.26% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 50.6% means 50.6% 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 Motilal Oswal Nifty Next 50 Index Fund
| Security | % of fund |
|---|---|
| TVS Motor Company Limited | 3.95% |
| Hindustan Aeronautics Limited | 3.63% |
| Torrent Pharmaceuticals Limited | 2.89% |
| Vedanta Aluminium Metal Limited | 2.87% |
| Solar Industries India Limited | 1.97% |
Largest holdings only in Nippon India ETF BSE Sensex Next 50
| Security | % of fund |
|---|---|
| Adani Enterprises Limited | 3.62% |
| The Federal Bank Limited | 2.90% |
| One 97 Communications Limited | 2.66% |
| Hero MotoCorp Limited | 2.48% |
| The Indian Hotels Company Limited | 2.38% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Motilal Oswal Nifty Next 50 Index | Nippon India ETF BSE Sensex Next 50 |
|---|---|---|
| Equity | 100.0% | 100.0% |
| Debt | 0.0% | 0.0% |
| Cash and others | -0.0% | 0.0% |
Market cap of stocks
| Market cap | Motilal Oswal Nifty Next 50 Index | Nippon India ETF BSE Sensex Next 50 |
|---|---|---|
| Large Cap | 95.4% | 58.0% |
| Mid Cap | 4.7% | 41.9% |
| 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 | Motilal Oswal Nifty Next 50 Index | Nippon India ETF BSE Sensex Next 50 |
|---|---|---|
| Banks | 6.3% | 15.1% |
| Power | 9.5% | 5.4% |
| Finance | 9.4% | 7.4% |
| Pharmaceuticals & Biotechnology | 8.9% | 6.2% |
| Electrical Equipment | 8.0% | 3.9% |
| IT - Software | 3.3% | 5.7% |
| Automobiles | 5.1% | 2.5% |
| Agricultural, Commercial & Construction Vehicles | 3.6% | 4.9% |
The six largest sectors of each fund's stocks, % of the fund.
Motilal Oswal Nifty Next 50 Index vs Nippon India ETF BSE Sensex Next 50: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Motilal Oswal Nifty Next 50 Index Fund | Nippon India ETF BSE Sensex Next 50 |
|---|---|---|
| Total expense ratio (Direct) | 0.45% | 0.29% |
| Base expense ratio (Direct) | 0.27% | 0.20% |
| Total expense ratio (Regular) | 1.16% | Not available |
| Base expense ratio (Regular) | 0.90% | 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.
Motilal Oswal Nifty Next 50 Index Fund vs Nippon India ETF BSE Sensex Next 50: Frequently Asked Questions
What is the difference between Motilal Oswal Nifty Next 50 Index Fund and Nippon India ETF BSE Sensex Next 50?
Motilal Oswal Nifty Next 50 Index Fund is a mutual fund, Nippon India ETF BSE Sensex Next 50 is a mutual fund, run by Motilal Oswal Mutual Fund and Nippon India Mutual Fund. Their portfolios overlap 50.6%. Motilal Oswal Nifty Next 50 Index Fund charges 0.45% a year and Nippon India ETF BSE Sensex Next 50 0.29%.
Which has given higher returns, Motilal Oswal Nifty Next 50 Index Fund or Nippon India ETF BSE Sensex Next 50?
Over 1 year: Motilal Oswal Nifty Next 50 Index Fund −2.87%, Nippon India ETF BSE Sensex Next 50 −6.69%. Over 3 years: Motilal Oswal Nifty Next 50 Index Fund +16.11% a year, Nippon India ETF BSE Sensex Next 50 +14.46% a year. Over 5 years: Motilal Oswal Nifty Next 50 Index Fund +10.57% a year, Nippon India ETF BSE Sensex Next 50 +12.04% a year. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, Motilal Oswal Nifty Next 50 Index Fund or Nippon India ETF BSE Sensex Next 50?
Nippon India ETF BSE Sensex Next 50 charges less: 0.29% a year against 0.45%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Motilal Oswal Nifty Next 50 Index Fund and Nippon India ETF BSE Sensex Next 50 overlap?
50.6%. They hold 24 of the same securities, the largest shared ones being DIVISLAB, TMCV, ADANIPOWER. From each fund's latest monthly portfolio.
Which is better for SIP, Motilal Oswal Nifty Next 50 Index Fund or Nippon India ETF BSE Sensex Next 50?
Over the last 5 years, a monthly SIP of ₹10,000 from 01-10-2021 to 30-10-2026 grew to ₹7,91,945 in Motilal Oswal Nifty Next 50 Index Fund (XIRR 10.2% a year) and ₹7,97,653 in Nippon India ETF BSE Sensex Next 50 (XIRR 10.5% a year). Both received 61 instalments. Past returns do not promise future returns.
Can I invest in both Motilal Oswal Nifty Next 50 Index Fund and Nippon India ETF BSE Sensex Next 50?
Yes. 50.6% 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.