Nippon India ETF Nifty 100 vs Parag Parikh Large Cap Fund
Direct Plan, Growth option · Data as on 30-10-2026
Nippon India ETF Nifty 100 is a mutual fund and Parag Parikh Large Cap Fund is a Large Cap fund. Nippon India ETF Nifty 100 charges 0.52% a year and Parag Parikh Large Cap Fund 0.32% (Direct plans). Their portfolios overlap 99.3%: they hold 100 of the same securities.
Which is better, Nippon India ETF Nifty 100 or Parag Parikh Large Cap? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Parag Parikh Large Cap costs less: 0.32% a year against 0.52% (Direct plans).
- Parag Parikh Large Cap fell less in its worst fall since 06-02-2026: −13.8% against −14.0%.
- Parag Parikh Large Cap is the larger fund: ₹866 Cr against ₹336 Cr.
- Their portfolios overlap 99.3%: 100 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 Nifty 100 | Parag Parikh Large Cap Fund |
|---|---|---|
| Fund house | Nippon India Mutual Fund | PPFAS Mutual Fund |
| Category | Not available | Large Cap |
| AUM | ₹336 Cr (30-09-2026) | ₹866 Cr (30-09-2026) |
| NAV | ₹254.51 (Direct) | ₹9.20 (Direct) |
| Expense ratio (Direct) | 0.52% | 0.32% |
| Expense ratio (Regular) | Not available | 0.72% |
| Riskometer | Not available | Very High |
| Benchmark | Not available | Nifty 100 TRI |
| Launch date | Not available | 04-02-2026 |
| Minimum investment | Not available | ₹1,000 |
| Lock in | Not available | None |
| Fund managers | Not available | Rajeev Thakkar, Rukun Tarachandani, Raj Mehta, Raunak Onkar, Tejas Soman, Aishwarya Dhar |
| Exit load | Not available | NIL |
Nippon India ETF Nifty 100 vs Parag Parikh Large Cap: 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 Nifty 100 (Direct) | +1.00% | −5.42% | −3.21% | −9.15% | +8.51% | +6.66% | +10.87% |
| Parag Parikh Large Cap Fund (Direct) | +1.04% | −5.22% | −2.88% | -- | -- | -- | -- |
| Large Cap average | +0.62% | −4.36% | −1.05% | -- | -- | -- | -- |
Category average: the average of the 35 Large Cap funds, same plan type.
Nippon India ETF Nifty 100 vs Parag Parikh Large Cap: Year-wise Returns
| Year | Nippon India ETF Nifty 100Nippon India ETF Nifty 100 | Parag Parikh Large CapParag Parikh Large Cap | Nifty 100 TRI |
|---|---|---|---|
| 2026to date | −9.70% | -- | −9.32% |
| 2025 | +9.67% | -- | +10.24% |
| 2024 | +12.32% | -- | +12.95% |
| 2023 | +20.63% | -- | +21.24% |
| 2022 | +4.38% | -- | +4.94% |
| 2021 | +25.74% | -- | +26.45% |
Nippon India ETF Nifty 100 vs Parag Parikh Large Cap: Rolling Returns
Every holding period of both funds, against Nifty 100 TRI, the benchmark of both
Nippon India ETF Nifty 100 vs Parag Parikh Large Cap: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Nippon India ETF Nifty 100 (Direct) | Parag Parikh Large Cap Fund (Direct) |
|---|---|---|
| Return (CAGR) | +11.89% | −10.75% |
| Standard deviation | 15.82% | 15.01% |
| Sharpe ratio | 0.37 | -1.06 |
| Sortino ratio | 0.51 | -1.40 |
| Maximum drawdown | −38.1% (23-03-2020) | −13.8% (30-03-2026) |
| Beta | 0.99 | 0.99 |
| Alpha | −0.83% | −0.02% |
From daily NAVs, 25-03-2013 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 Nifty 100 (Direct)
Parag Parikh Large Cap Fund (Direct)
Nifty 100 TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Nippon India ETF Nifty 100 (Direct) | −14.0% | 11-02-2026 | 31-03-2026 | Not yet | -- | −9.4% |
| Parag Parikh Large Cap Fund (Direct) | −13.8% | 11-02-2026 | 30-03-2026 | Not yet | -- | −9.0% |
| Nifty 100 TRI | −13.9% | 11-02-2026 | 30-03-2026 | Not yet | -- | −9.1% |
From daily values since 06-02-2026, the first day every fund has.
Nippon India ETF Nifty 100 vs Parag Parikh Large Cap: Portfolio Overlap
From each fund's latest monthly portfolio: Nippon India ETF Nifty 100, September 2026; Parag Parikh Large Cap Fund, September 2026
Holdings in common
- Overlap
- 99.3%
- Held by both
- 100
- Only in Nippon India ETF Nifty 100
- 0
- Only in Parag Parikh Large Cap
- 2
| Security | % of Nippon India ETF Nifty 100 | % of Parag Parikh Large Cap |
|---|---|---|
| HDFC Bank Limited | 8.41% | 8.36% |
| ICICI Bank Limited | 7.33% | 7.30% |
| Reliance Industries Limited | 6.14% | 6.18% |
| Bharti Airtel Limited | 4.13% | 4.14% |
| Larsen & Toubro Limited | 3.41% | 3.39% |
| State Bank of India | 3.07% | 3.06% |
| Axis Bank Limited | 2.73% | 2.71% |
| Infosys Limited | 2.72% | 2.70% |
| Kotak Mahindra Bank Limited | 2.38% | 2.37% |
| Mahindra & Mahindra Limited | 2.04% | 2.03% |
| Bajaj Finance Limited | 2.03% | 2.01% |
| ITC Limited | 1.96% | 1.95% |
| Eternal Limited | 1.79% | 1.78% |
| Tata Consultancy Services Limited | 1.62% | 1.61% |
| Sun Pharmaceutical Industries Limited | 1.49% | 1.48% |
| Titan Company Limited | 1.47% | 1.46% |
| Hindustan Unilever Limited | 1.29% | 1.28% |
| Maruti Suzuki India Limited | 1.20% | 1.20% |
| NTPC Limited | 1.19% | 1.18% |
| Tata Steel Limited | 1.18% | 1.17% |
| Adani Ports and Special Economic Zone Limited | 1.09% | 1.09% |
| Bharat Electronics Limited | 1.08% | 1.07% |
| Shriram Finance Limited | 1.07% | 1.06% |
| Hindalco Industries Limited | 1.06% | 1.05% |
| UltraTech Cement Limited | 1.00% | 1.00% |
| HCL Technologies Limited | 1.00% | 1.00% |
| BSE Limited | 0.98% | 0.97% |
| JSW Steel Limited | 0.93% | 0.93% |
| Bajaj Auto Limited | 0.92% | 0.93% |
| Divi's Laboratories Limited | 0.91% | 0.91% |
| Power Grid Corporation of India Limited | 0.91% | 0.91% |
| Grasim Industries Limited | 0.89% | 0.89% |
| InterGlobe Aviation Limited | 0.87% | 0.87% |
| Asian Paints Limited | 0.84% | 0.84% |
| Coal India Limited | 0.79% | 0.78% |
| Bajaj Finserv Limited | 0.78% | 0.77% |
| Eicher Motors Limited | 0.76% | 0.76% |
| Adani Enterprises Limited | 0.76% | 0.77% |
| Tech Mahindra Limited | 0.75% | 0.75% |
| TVS Motor Company Limited | 0.75% | 0.74% |
| Nestle India Limited | 0.73% | 0.72% |
| Hindustan Aeronautics Limited | 0.69% | 0.68% |
| Tata Motors Ltd | 0.68% | 0.68% |
| Oil & Natural Gas Corporation Limited | 0.68% | 0.68% |
| Trent Limited | 0.67% | 0.67% |
| Adani Power Limited | 0.66% | 0.65% |
| Apollo Hospitals Enterprise Limited | 0.65% | 0.65% |
| SBI Life Insurance Company Limited | 0.59% | 0.59% |
| Cipla Limited | 0.59% | 0.58% |
| Dr. Reddy's Laboratories Limited | 0.58% | 0.58% |
| Samvardhana Motherson International Limited | 0.56% | 0.56% |
| Jio Financial Services Limited | 0.55% | 0.55% |
| Torrent Pharmaceuticals Limited | 0.55% | 0.54% |
| Cholamandalam Investment and Finance Company Ltd | 0.54% | 0.54% |
| Vedanta Aluminium Metal Limited | 0.54% | 0.55% |
| Max Healthcare Institute Limited | 0.54% | 0.53% |
| Cummins India Limited | 0.50% | 0.50% |
| Tata Consumer Products Limited | 0.48% | 0.48% |
| Bharat Petroleum Corporation Limited | 0.47% | 0.47% |
| Avenue Supermarts Limited | 0.47% | 0.47% |
| Tata Power Company Limited | 0.47% | 0.46% |
| Varun Beverages Limited | 0.46% | 0.46% |
| Tata Motors Passenger Vehicles Limited | 0.46% | 0.46% |
| CG Power and Industrial Solutions Limited | 0.45% | 0.45% |
| Britannia Industries Limited | 0.44% | 0.44% |
| HDFC Life Insurance Company Limited | 0.43% | 0.43% |
| Indian Oil Corporation Limited | 0.39% | 0.39% |
| Solar Industries India Limited | 0.37% | 0.37% |
| Power Finance Corporation Limited | 0.37% | 0.37% |
| HDFC Asset Management Company Limited | 0.36% | 0.36% |
| Bajaj Holdings & Investment Limited | 0.36% | 0.36% |
| GAIL (India) Limited | 0.36% | 0.35% |
| Vedanta Limited | 0.35% | 0.35% |
| Pidilite Industries Limited | 0.35% | 0.35% |
| Adani Green Energy Limited | 0.33% | 0.33% |
| Bank of Baroda | 0.33% | 0.33% |
| DLF Limited | 0.33% | 0.33% |
| Wipro Limited | 0.33% | 0.33% |
| Polycab India Limited | 0.33% | 0.33% |
| Adani Energy Solutions Limited | 0.33% | 0.33% |
| Jindal Steel Limited | 0.33% | 0.32% |
| Bosch Limited | 0.32% | 0.31% |
| Canara Bank | 0.31% | 0.31% |
| Hitachi Energy India Limited | 0.30% | 0.30% |
| Punjab National Bank | 0.30% | 0.30% |
| LTM Limited | 0.29% | 0.29% |
| ABB India Limited | 0.28% | 0.27% |
| Vodafone Idea Limited | 0.28% | 0.27% |
| Godrej Consumer Products Limited | 0.26% | 0.26% |
| Union Bank of India | 0.26% | 0.25% |
| Siemens Limited | 0.25% | 0.25% |
| Muthoot Finance Limited | 0.23% | 0.23% |
| Siemens Energy India Limited | 0.22% | 0.22% |
| Hyundai Motor India Ltd | 0.22% | 0.22% |
| Zydus Lifesciences Limited | 0.22% | 0.22% |
| Hindustan Zinc Limited | 0.21% | 0.21% |
| Indian Railway Finance Corporation Limited | 0.14% | 0.14% |
| Tata Capital Limited | 0.14% | 0.14% |
| Mazagon Dock Shipbuilders Limited | 0.12% | 0.12% |
| Ambuja Cements Limited | 0.18% | 0.03% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 99.3% means 99.3% 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 Nifty 100
Every holding of this fund is also held by the other.
Largest holdings only in Parag Parikh Large Cap Fund
| Security | % of fund |
|---|---|
| Orient Cement Limited | 0.15% |
| Parag Parikh Liquid Fund- Direct Plan- Growth | 0.06% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Nippon India ETF Nifty 100 | Parag Parikh Large Cap |
|---|---|---|
| Equity | 99.9% | 99.5% |
| Debt | 0.0% | 0.0% |
| Cash and others | 0.1% | 0.5% |
Market cap of stocks
| Market cap | Nippon India ETF Nifty 100 | Parag Parikh Large Cap |
|---|---|---|
| Large Cap | 97.9% | 97.4% |
| Mid Cap | 2.0% | 2.0% |
| Small Cap | 0.0% | 0.1% |
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 Nifty 100 | Parag Parikh Large Cap |
|---|---|---|
| Banks | 25.1% | 25.0% |
| Petroleum Products | 7.0% | 7.0% |
| IT - Software | 6.7% | 6.7% |
| Automobiles | 6.3% | 6.3% |
| Finance | 6.2% | 6.2% |
| Telecom - Services | 4.4% | 4.4% |
The six largest sectors of each fund's stocks, % of the fund.
Nippon India ETF Nifty 100 vs Parag Parikh Large Cap: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Nippon India ETF Nifty 100 | Parag Parikh Large Cap Fund |
|---|---|---|
| Total expense ratio (Direct) | 0.52% | 0.32% |
| Base expense ratio (Direct) | 0.43% | 0.14% |
| Total expense ratio (Regular) | Not available | 0.72% |
| Base expense ratio (Regular) | 0.00% | 0.48% |
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
Nippon India ETF Nifty 100 vs Parag Parikh Large Cap Fund: Frequently Asked Questions
What is the difference between Nippon India ETF Nifty 100 and Parag Parikh Large Cap Fund?
Nippon India ETF Nifty 100 is a mutual fund, Parag Parikh Large Cap Fund is a Large Cap fund, run by Nippon India Mutual Fund and PPFAS Mutual Fund. Their portfolios overlap 99.3%. Nippon India ETF Nifty 100 charges 0.52% a year and Parag Parikh Large Cap Fund 0.32%.
Which has the lower expense ratio, Nippon India ETF Nifty 100 or Parag Parikh Large Cap Fund?
Parag Parikh Large Cap Fund charges less: 0.32% a year against 0.52%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Nippon India ETF Nifty 100 and Parag Parikh Large Cap Fund overlap?
99.3%. They hold 100 of the same securities, the largest shared ones being HDFCBANK, ICICIBANK, RELIANCE. From each fund's latest monthly portfolio.
Can I invest in both Nippon India ETF Nifty 100 and Parag Parikh Large Cap Fund?
Yes. 99.3% 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.