Nippon India ETF BSE Sensex vs Tata BSE Sensex Index Fund
Direct Plan, Growth option · Data as on 30-10-2026
Nippon India ETF BSE Sensex is a mutual fund and Tata BSE Sensex Index Fund is an Index fund. In the 3 years to 30-10-2026, Nippon India ETF BSE Sensex (Direct) returned 6.3% a year and Tata BSE Sensex Index Fund (Direct) returned 5.9% a year. Nippon India ETF BSE Sensex charges 0.04% a year and Tata BSE Sensex Index Fund 0.33% (Direct plans). Their portfolios overlap 100.0%: they hold 30 of the same securities.
Nippon India ETF BSE Sensex
- 3 year return
- 6.3%
- Expense ratio
- 0.04%
- NAV
- ₹857.24
Tata BSE Sensex Index Fund
Index
- 3 year return
- 5.9%
- Expense ratio
- 0.33%
- NAV
- ₹199.52
Which is better, Nippon India ETF BSE Sensex or Tata BSE Sensex Index? 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 returned more over 5 years: 5.9% a year against 5.5%.
- Nippon India ETF BSE Sensex returned more over 3 years: 6.3% a year against 5.9%.
- Nippon India ETF BSE Sensex costs less: 0.04% a year against 0.33% (Direct plans).
- Tata BSE Sensex Index swung less over 3 years: a standard deviation of 13.2% a year against 13.3%.
- Tata BSE Sensex Index fell less in its worst fall since 25-09-2014: −37.0% against −37.8%.
- Nippon India ETF BSE Sensex is the larger fund: ₹27,771 Cr against ₹364 Cr.
- Their portfolios overlap 100.0%: 30 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 | Nippon India ETF BSE Sensex | Tata BSE Sensex Index Fund |
|---|---|---|
| Fund house | Nippon India Mutual Fund | Tata Mutual Fund |
| Category | Not available | Index |
| AUM | ₹27,771 Cr (30-09-2026) | ₹364 Cr (30-09-2026) |
| NAV | ₹857.24 (Direct) | ₹199.52 (Direct) |
| Expense ratio (Direct) | 0.04% | 0.33% |
| Expense ratio (Regular) | Not available | 0.58% |
| Riskometer | Not available | Very High |
| Benchmark | Not available | BSE SENSEX TRI |
| Launch date | Not available | 25-02-2003 |
| Minimum investment | Not available | ₹5,000 |
| Lock in | Not available | None |
| Fund managers | Not available | Nitin Sharma, Rakesh Prajapati |
| Exit load | Not available | Exit load of 0.25% if redeemed within 7 days |
Nippon India ETF BSE Sensex vs Tata BSE Sensex Index: 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 |
|---|---|---|---|---|---|---|---|
| Nippon India ETF BSE Sensex (Direct) | +2.77% | −4.29% | −2.42% | −10.97% | +6.26% | +5.87% | +11.53% |
| Tata BSE Sensex Index Fund (Direct) | +2.74% | −4.35% | −2.56% | −11.22% | +5.93% | +5.54% | +11.16% |
Nippon India ETF BSE Sensex vs Tata BSE Sensex Index: Year-wise Returns
| Year | Nippon India ETF BSE SensexNippon India ETF BSE Sensex | Tata BSE Sensex IndexTata BSE Sensex Index | BSE SENSEX TRI |
|---|---|---|---|
| 2026to date | −11.85% | −12.13% | −11.81% |
| 2025 | +10.33% | +10.07% | +10.38% |
| 2024 | +9.39% | +9.06% | +9.49% |
| 2023 | +20.36% | +19.87% | +20.33% |
| 2022 | +5.73% | +5.50% | +5.80% |
| 2021 | +23.06% | +22.05% | +23.23% |
Nippon India ETF BSE Sensex vs Tata BSE Sensex Index: Rolling Returns
Every holding period of both funds, against BSE SENSEX TRI, the benchmark of both
Rolling returns
Every 3-year holding period, 2,244 of them, one for each trading day from 25-09-2017 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.
Nippon India ETF BSE Sensex (Direct)
Tata BSE Sensex Index Fund (Direct)
BSE SENSEX TRI
to
Jun 2018Jan 2017
to
Jan 2020Jul 2018
to
Jul 2021Feb 2020
to
Feb 2023Aug 2021
to
Aug 2024Feb 2023
to
Feb 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Nippon India ETF BSE Sensex | 0.3 | 3.5 | 18.9 | 40.0 | 29.4 | 5.8 | 2.0 | 13.4% | 13.7% | −2.8% | 31.9% | 1% |
| Tata BSE Sensex Index | 0.3 | 3.9 | 20.2 | 42.9 | 25.8 | 5.4 | 1.5 | 13.0% | 13.4% | −2.6% | 30.8% | 0% |
| BSE SENSEX TRI | 0.3 | 3.4 | 18.9 | 38.7 | 30.7 | 6.0 | 2.1 | 13.5% | 13.8% | −2.8% | 32.1% | -- |
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. The benchmark is BSE SENSEX 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 25-09-2014. Past returns do not promise future returns.
Nippon India ETF BSE Sensex vs Tata BSE Sensex Index: 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 25-09-2014 to 30-10-2026: 146 instalments, ₹14,60,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Nippon India ETF BSE SensexNippon India ETF BSE Sensex (Direct) | ₹14,60,000 | ₹28,11,813 | ₹13,51,813 | 10.3% |
| Tata BSE Sensex IndexTata BSE Sensex Index Fund (Direct) | ₹14,60,000 | ₹27,40,179 | ₹12,80,179 | 9.9% |
Nippon India ETF BSE SensexNippon India ETF BSE Sensex (Direct)
Tata BSE Sensex IndexTata BSE Sensex Index 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.
Nippon India ETF BSE Sensex vs Tata BSE Sensex Index: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Nippon India ETF BSE Sensex (Direct) | Tata BSE Sensex Index Fund (Direct) |
|---|---|---|
| Return (CAGR) | −10.97% | −11.22% |
| Standard deviation | 13.99% | 13.83% |
| Sharpe ratio | -1.16 | -1.19 |
| Sortino ratio | -1.55 | -1.59 |
| Maximum drawdown | −16.1% (31-03-2026) | −16.2% (31-03-2026) |
| Beta | 1.00 | 1.00 |
| Alpha | −0.07% | −0.32% |
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 | Nippon India ETF BSE Sensex (Direct) | Tata BSE Sensex Index Fund (Direct) |
|---|---|---|
| Return (CAGR) | +6.26% | +5.93% |
| Standard deviation | 13.26% | 13.20% |
| Sharpe ratio | 0.02 | -0.01 |
| Sortino ratio | 0.02 | -0.01 |
| Maximum drawdown | −16.1% (31-03-2026) | −16.2% (31-03-2026) |
| Beta | 1.00 | 1.00 |
| Alpha | −0.06% | −0.39% |
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 | Nippon India ETF BSE Sensex (Direct) | Tata BSE Sensex Index Fund (Direct) |
|---|---|---|
| Return (CAGR) | +5.87% | +5.54% |
| Standard deviation | 13.76% | 13.69% |
| Sharpe ratio | 0.00 | -0.02 |
| Sortino ratio | 0.01 | -0.03 |
| Maximum drawdown | −16.1% (31-03-2026) | −16.2% (31-03-2026) |
| Beta | 1.00 | 1.00 |
| Alpha | −0.05% | −0.37% |
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 | Nippon India ETF BSE Sensex (Direct) | Tata BSE Sensex Index Fund (Direct) |
|---|---|---|
| Return (CAGR) | +10.19% | +10.86% |
| Standard deviation | 15.93% | 15.68% |
| Sharpe ratio | 0.28 | 0.31 |
| Sortino ratio | 0.38 | 0.42 |
| Maximum drawdown | −37.8% (23-03-2020) | −37.0% (23-03-2020) |
| Beta | 1.00 | 0.99 |
| Alpha | −0.07% | −0.57% |
From daily NAVs, 25-09-2014 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.
Nippon India ETF BSE Sensex (Direct)
Tata BSE Sensex Index Fund (Direct)
BSE SENSEX TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Nippon India ETF BSE Sensex (Direct) | −37.8% | 14-01-2020 | 23-03-2020 | 06-11-2020 | 7 months | −12.4% |
| Tata BSE Sensex Index Fund (Direct) | −37.0% | 14-01-2020 | 23-03-2020 | 06-11-2020 | 7 months | −12.7% |
| BSE SENSEX TRI | −37.9% | 14-01-2020 | 23-03-2020 | 06-11-2020 | 7 months | −12.4% |
From daily values since 25-09-2014, 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.
Nippon India ETF BSE Sensex (Direct)
Tata BSE Sensex Index Fund (Direct)
BSE SENSEX 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.
Nippon India ETF BSE Sensex (Direct)
Tata BSE Sensex Index Fund (Direct)
BSE SENSEX 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.
Nippon India ETF BSE Sensex (Direct)
Tata BSE Sensex Index Fund (Direct)
BSE SENSEX TRI
Against BSE SENSEX TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| Nippon India ETF BSE Sensex (Direct) | 99% | 100% | 0.23% |
| Tata BSE Sensex Index Fund (Direct) | 98% | 100% | 0.38% |
From month-end values since 25-09-2014. 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.
Nippon India ETF BSE Sensex vs Tata BSE Sensex Index: Portfolio Overlap
From each fund's latest monthly portfolio: Nippon India ETF BSE Sensex, September 2026; Tata BSE Sensex Index Fund, September 2026
Holdings in common
- Overlap
- 100.0%
- Held by both
- 30
- Only in Nippon India ETF BSE Sensex
- 0
- Only in Tata BSE Sensex Index
- 0
| Security | % of Nippon India ETF BSE Sensex | % of Tata BSE Sensex Index |
|---|---|---|
| HDFC Bank Limited | 12.59% | 12.59% |
| ICICI Bank Limited | 11.03% | 11.04% |
| Reliance Industries Limited | 9.15% | 9.16% |
| Bharti Airtel Limited | 6.38% | 6.38% |
| Larsen & Toubro Limited | 5.11% | 5.11% |
| State Bank of India | 4.64% | 4.64% |
| Infosys Limited | 4.08% | 4.09% |
| Axis Bank Limited | 4.08% | 4.08% |
| Kotak Mahindra Bank Limited | 3.57% | 3.57% |
| Mahindra & Mahindra Limited | 3.07% | 3.07% |
| Bajaj Finance Limited | 2.99% | 2.99% |
| ITC Limited | 2.96% | 2.96% |
| Eternal Limited | 2.69% | 2.69% |
| Tata Consultancy Services Limited | 2.41% | 2.42% |
| Sun Pharmaceutical Industries Limited | 2.28% | 2.29% |
| Titan Company Limited | 2.18% | 2.18% |
| Hindustan Unilever Limited | 1.95% | 1.95% |
| Maruti Suzuki India Limited | 1.79% | 1.79% |
| NTPC Limited | 1.78% | 1.78% |
| Tata Steel Limited | 1.77% | 1.77% |
| Adani Ports and Special Economic Zone Limited | 1.63% | 1.63% |
| Bharat Electronics Limited | 1.62% | 1.62% |
| HCL Technologies Limited | 1.51% | 1.51% |
| UltraTech Cement Limited | 1.50% | 1.50% |
| Power Grid Corporation of India Limited | 1.38% | 1.38% |
| InterGlobe Aviation Limited | 1.30% | 1.30% |
| Asian Paints Limited | 1.26% | 1.27% |
| Tech Mahindra Limited | 1.14% | 1.14% |
| Bajaj Finserv Limited | 1.13% | 1.13% |
| Trent Limited | 1.01% | 1.01% |
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 Nippon India ETF BSE Sensex
Every holding of this fund is also held by the other.
Largest holdings only in Tata BSE Sensex Index Fund
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 | Nippon India ETF BSE Sensex | Tata BSE Sensex Index |
|---|---|---|
| Equity | 100.0% | 100.0% |
| Debt | 0.0% | 0.0% |
| Cash and others | 0.0% | -0.0% |
Market cap of stocks
| Market cap | Nippon India ETF BSE Sensex | Tata BSE Sensex Index |
|---|---|---|
| Large Cap | 100.0% | 100.0% |
| Mid Cap | 0.0% | 0.0% |
| 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 | Nippon India ETF BSE Sensex | Tata BSE Sensex Index |
|---|---|---|
| Banks | 35.9% | 35.9% |
| Petroleum Products | 9.2% | 9.2% |
| IT - Software | 9.1% | 9.2% |
| Telecom - Services | 6.4% | 6.4% |
| Construction | 5.1% | 5.1% |
| Diversified FMCG | 4.9% | 4.9% |
The six largest sectors of each fund's stocks, % of the fund.
Nippon India ETF BSE Sensex vs Tata BSE Sensex Index: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Nippon India ETF BSE Sensex | Tata BSE Sensex Index Fund |
|---|---|---|
| Total expense ratio (Direct) | 0.04% | 0.33% |
| Base expense ratio (Direct) | 0.03% | 0.27% |
| Total expense ratio (Regular) | Not available | 0.58% |
| Base expense ratio (Regular) | 0.00% | 0.51% |
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.
Nippon India ETF BSE Sensex vs Tata BSE Sensex Index Fund: Frequently Asked Questions
What is the difference between Nippon India ETF BSE Sensex and Tata BSE Sensex Index Fund?
Nippon India ETF BSE Sensex is a mutual fund, Tata BSE Sensex Index Fund is an Index fund, run by Nippon India Mutual Fund and Tata Mutual Fund. Their portfolios overlap 100.0%. Nippon India ETF BSE Sensex charges 0.04% a year and Tata BSE Sensex Index Fund 0.33%.
Which has given higher returns, Nippon India ETF BSE Sensex or Tata BSE Sensex Index Fund?
Over 1 year: Nippon India ETF BSE Sensex −10.97%, Tata BSE Sensex Index Fund −11.22%. Over 3 years: Nippon India ETF BSE Sensex +6.26% a year, Tata BSE Sensex Index Fund +5.93% a year. Over 5 years: Nippon India ETF BSE Sensex +5.87% a year, Tata BSE Sensex Index Fund +5.54% a year. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, Nippon India ETF BSE Sensex or Tata BSE Sensex Index Fund?
Nippon India ETF BSE Sensex charges less: 0.04% a year against 0.33%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Nippon India ETF BSE Sensex and Tata BSE Sensex Index Fund overlap?
100.0%. They hold 30 of the same securities, the largest shared ones being HDFCBANK, ICICIBANK, RELIANCE. From each fund's latest monthly portfolio.
Which is better for SIP, Nippon India ETF BSE Sensex or Tata BSE Sensex Index Fund?
Over the last 5 years, a monthly SIP of ₹10,000 from 01-10-2021 to 30-10-2026 grew to ₹6,79,092 in Nippon India ETF BSE Sensex (XIRR 4.2% a year) and ₹6,73,154 in Tata BSE Sensex Index Fund (XIRR 3.8% a year). Both received 61 instalments. Past returns do not promise future returns.
Can I invest in both Nippon India ETF BSE Sensex and Tata BSE Sensex Index Fund?
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.