Motilal Oswal Nifty Services Sector ETF vs Sundaram Services Fund
Direct Plan where a fund has one, Growth option · Data as on 30-10-2026
Motilal Oswal Nifty Services Sector ETF is an ETF fund and Sundaram Services Fund is a Thematic fund. Motilal Oswal Nifty Services Sector ETF charges 0.78% a year and Sundaram Services Fund 0.86%. Their portfolios overlap 33.8%: they hold 13 of the same securities.
Motilal Oswal Nifty Services Sector ETF
ETF
- Expense ratio
- 0.78%
- NAV
- ₹31.03
Which is better, Motilal Oswal Nifty Services Sector ETF or Sundaram Services? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Motilal Oswal Nifty Services Sector ETF costs less: 0.78% a year against 0.86%.
- Motilal Oswal Nifty Services Sector ETF fell less in its worst fall since 27-11-2025: −16.8% against −17.2%.
- Motilal Oswal Nifty Services Sector ETF holds more in large companies: 96.8% of the fund in large caps against 51.1%.
- Sundaram Services is the larger fund: ₹4,999 Cr against ₹6 Cr.
- Their portfolios overlap 33.8%: 13 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 Services Sector ETF | Sundaram Services Fund |
|---|---|---|
| Fund house | Motilal Oswal Mutual Fund | Sundaram Mutual Fund |
| Category | ETF | Thematic |
| AUM | ₹6 Cr (30-09-2026) | ₹4,999 Cr (30-09-2026) |
| NAV | ₹31.03 | ₹37.95 (Direct) |
| Expense ratio (Direct) | Not available | 0.86% |
| Expense ratio (Regular) | Not available | 1.95% |
| Riskometer | Very High | Very High |
| Benchmark | Nifty Services Sector TRI | Nifty Services Sector TRI |
| Launch date | 24-11-2025 | 21-09-2018 |
| Minimum investment | 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 | ₹100 |
| Lock in | None | None |
| Fund managers | Swapnil Mayekar, Dishant Mehta, Rakesh Shetty | Rohit Seksaria, Shalav Saket |
| Exit load | Nil | Nil - If up to 25% of the units invested are redeemed or withdrawn by way of SWP within 365 days from the date of allotment. Any redemptions or withdrawals by way of SWP in excess of the above mentioned limit would be subject to an exit load of 1 % of the applicable NAV will be charged, if the units are redeemed within 365 days from the date of allotment of units For redemption or withdrawal by way of SWP after 365 days from the date of allotment - Nil. Further, exit load will be waived on Intra-scheme and Inter scheme Switchouts/STP. Generally, the exit load will be calculated on First in First out (FIFO) basis. |
Motilal Oswal Nifty Services Sector ETF vs Sundaram Services: 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 Services Sector ETF | +6.44% | −0.99% | +2.62% | -- | -- | -- | -- |
| Sundaram Services Fund (Direct) | −1.53% | −5.13% | +3.05% | −4.35% | +13.38% | +11.59% | -- |
| Thematic average | −2.09% | −4.52% | +0.86% | −1.22% | +13.76% | +11.62% | -- |
Category average: the average of the 235 Thematic funds, same plan type.
Motilal Oswal Nifty Services Sector ETF vs Sundaram Services: Year-wise Returns
| Year | Motilal Oswal Nifty Services Sector ETFMotilal Oswal Nifty Services Sector ETF | Sundaram ServicesSundaram Services | Nifty Services Sector TRI |
|---|---|---|---|
| 2026to date | −7.74% | −3.58% | −7.27% |
| 2025 | -- | +11.88% | +8.52% |
| 2024 | -- | +19.27% | +14.87% |
| 2023 | -- | +29.56% | +12.81% |
| 2022 | -- | +4.65% | +3.04% |
| 2021 | -- | +46.78% | +25.52% |
Motilal Oswal Nifty Services Sector ETF vs Sundaram Services: Rolling Returns
Every holding period of both funds, against Nifty Services Sector TRI, the benchmark of both
Motilal Oswal Nifty Services Sector ETF vs Sundaram Services: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Motilal Oswal Nifty Services Sector ETF | Sundaram Services Fund (Direct) |
|---|---|---|
| Return (CAGR) | −9.70% | +17.89% |
| Standard deviation | 14.99% | 16.10% |
| Sharpe ratio | -1.00 | 0.78 |
| Sortino ratio | -1.36 | 1.05 |
| Maximum drawdown | −16.8% (31-03-2026) | −39.6% (23-03-2020) |
| Beta | 1.00 | 0.78 |
| Alpha | −0.56% | +8.33% |
From daily NAVs, 27-11-2025 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.
Motilal Oswal Nifty Services Sector ETF
Sundaram Services Fund (Direct)
Nifty Services Sector TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Motilal Oswal Nifty Services Sector ETF | −16.8% | 27-11-2025 | 31-03-2026 | Not yet | -- | −9.0% |
| Sundaram Services Fund (Direct) | −17.2% | 05-01-2026 | 31-03-2026 | 10-07-2026 | 3 months | −7.6% |
| Nifty Services Sector TRI | −16.7% | 27-11-2025 | 30-03-2026 | Not yet | -- | −8.5% |
From daily values since 27-11-2025, the first day every fund has.
Motilal Oswal Nifty Services Sector ETF vs Sundaram Services: Portfolio Overlap
From each fund's latest monthly portfolio: Motilal Oswal Nifty Services Sector ETF, September 2026; Sundaram Services Fund, September 2026
Holdings in common
- Overlap
- 33.8%
- Held by both
- 13
- Only in Motilal Oswal Nifty Services Sector ETF
- 17
- Only in Sundaram Services
- 42
| Security | % of Motilal Oswal Nifty Services Sector ETF | % of Sundaram Services |
|---|---|---|
| Eternal Limited | 7.23% | 6.10% |
| Bharti Airtel Limited | 10.03% | 5.06% |
| Adani Ports and Special Economic Zone Limited | 4.39% | 3.92% |
| InterGlobe Aviation Limited | 3.52% | 4.17% |
| ICICI Bank Limited | 7.02% | 2.85% |
| Axis Bank Limited | 2.61% | 4.58% |
| Apollo Hospitals Enterprise Limited | 2.61% | 2.69% |
| HDFC Bank Limited | 8.04% | 2.40% |
| Kotak Mahindra Bank Ltd | 2.27% | 2.71% |
| Shriram Finance Limited | 1.02% | 2.53% |
| Bajaj Finserv Limited | 0.74% | 2.45% |
| HDFC Life Insurance Company Limited | 0.41% | 1.10% |
| Infosys Limited | 10.13% | 0.24% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 33.8% means 33.8% 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 Services Sector ETF
| Security | % of fund |
|---|---|
| Tata Consultancy Services Limited | 6.52% |
| NTPC Limited | 4.78% |
| HCL Technologies Limited | 4.04% |
| Power Grid Corporation of India Limited | 3.68% |
| Tech Mahindra Limited | 3.02% |
Largest holdings only in Sundaram Services Fund
| Security | % of fund |
|---|---|
| Reliance Industries Ltd | 3.84% |
| Rate Gain Travel Technologies Ltd | 2.90% |
| One 97 Communications Ltd | 2.68% |
| Info Edge (India) Ltd | 2.64% |
| PNB Housing Finance Ltd | 2.57% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Motilal Oswal Nifty Services Sector ETF | Sundaram Services |
|---|---|---|
| Equity | 99.9% | 96.4% |
| Debt | 0.0% | 1.0% |
| Cash and others | 0.1% | 2.7% |
Market cap of stocks
| Market cap | Motilal Oswal Nifty Services Sector ETF | Sundaram Services |
|---|---|---|
| Large Cap | 96.8% | 51.1% |
| Mid Cap | 3.2% | 14.0% |
| Small Cap | 0.0% | 30.0% |
| Foreign stocks | 0.0% | 0.7% |
| Not on AMFI's list | 0.0% | 0.6% |
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 Services Sector ETF | Sundaram Services |
|---|---|---|
| IT - Software | 25.1% | 0.0% |
| Banks | 23.9% | 17.0% |
| Finance | 4.2% | 13.9% |
| Power | 13.0% | 0.0% |
| Telecom - Services | 10.0% | 8.0% |
| Retailing | 9.1% | 8.7% |
| Healthcare Services | 4.8% | 7.7% |
| It - Software | 0.0% | 5.4% |
The six largest sectors of each fund's stocks, % of the fund.
Motilal Oswal Nifty Services Sector ETF vs Sundaram Services: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Motilal Oswal Nifty Services Sector ETF | Sundaram Services Fund |
|---|---|---|
| Total expense ratio (Direct) | Not available | 0.86% |
| Base expense ratio (Direct) | 0.00% | 0.65% |
| Total expense ratio (Regular) | Not available | 1.95% |
| Base expense ratio (Regular) | 0.45% | 1.61% |
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
Motilal Oswal Nifty Services Sector ETF vs Sundaram Services Fund: Frequently Asked Questions
What is the difference between Motilal Oswal Nifty Services Sector ETF and Sundaram Services Fund?
Motilal Oswal Nifty Services Sector ETF is an ETF fund, Sundaram Services Fund is a Thematic fund, run by Motilal Oswal Mutual Fund and Sundaram Mutual Fund. Their portfolios overlap 33.8%. Motilal Oswal Nifty Services Sector ETF charges 0.78% a year and Sundaram Services Fund 0.86%.
Which has the lower expense ratio, Motilal Oswal Nifty Services Sector ETF or Sundaram Services Fund?
Motilal Oswal Nifty Services Sector ETF charges less: 0.78% a year against 0.86%. These are the total expense ratios reported to AMFI.
How much do Motilal Oswal Nifty Services Sector ETF and Sundaram Services Fund overlap?
33.8%. They hold 13 of the same securities, the largest shared ones being ETERNAL, BHARTIARTL, ADANIPORTS. From each fund's latest monthly portfolio.
Which is riskier, Motilal Oswal Nifty Services Sector ETF or Sundaram Services Fund?
On SEBI's riskometer, Motilal Oswal Nifty Services Sector ETF is rated Very High and Sundaram Services Fund Very High. Over their common history, the standard deviation of daily returns was 14.99% and 16.10% a year.
Can I invest in both Motilal Oswal Nifty Services Sector ETF and Sundaram Services Fund?
Yes. 33.8% of each fund's money sits in the same holdings, so some of the two investments would move together.
Who manages Motilal Oswal Nifty Services Sector ETF and Sundaram Services Fund?
Motilal Oswal Nifty Services Sector ETF: Swapnil Mayekar, Dishant Mehta, Rakesh Shetty. Sundaram Services Fund: Rohit Seksaria, Shalav Saket.
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.