Nippon India ETF Nifty 50 Shariah BeES vs UTI Nifty500 Shariah Index Fund
Direct Plan, Growth option · Data as on 30-10-2026
Nippon India ETF Nifty 50 Shariah BeES is a mutual fund and UTI Nifty500 Shariah Index Fund is an Index fund. Nippon India ETF Nifty 50 Shariah BeES charges 1.01% a year and UTI Nifty500 Shariah Index Fund 0.78% (Direct plans). Their portfolios overlap 39.3%: they hold 18 of the same securities.
Nippon India ETF Nifty 50 Shariah BeES
- Expense ratio
- 1.01%
- NAV
- ₹450.55
Which is better, Nippon India ETF Nifty 50 Shariah BeES or UTI Nifty500 Shariah Index? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- UTI Nifty500 Shariah Index costs less: 0.78% a year against 1.01% (Direct plans).
- UTI Nifty500 Shariah Index fell less in its worst fall since 26-02-2026: −10.3% against −13.6%.
- Nippon India ETF Nifty 50 Shariah BeES holds more in large companies: 93.7% of the fund in large caps against 54.0%.
- UTI Nifty500 Shariah Index is the larger fund: ₹88 Cr against ₹57 Cr.
- Their portfolios overlap 39.3%: 18 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 50 Shariah BeES | UTI Nifty500 Shariah Index Fund |
|---|---|---|
| Fund house | Nippon India Mutual Fund | UTI Mutual Fund |
| Category | Not available | Index |
| AUM | ₹57 Cr (30-09-2026) | ₹88 Cr (30-09-2026) |
| NAV | ₹450.55 (Direct) | ₹9.62 (Direct) |
| Expense ratio (Direct) | 1.01% | 0.78% |
| Expense ratio (Regular) | Not available | 1.24% |
| Riskometer | Not available | Very High |
| Benchmark | Not available | Nifty 500 Shariah TRI |
| Launch date | Not available | 23-02-2026 |
| Minimum investment | Not available | ₹1,000 |
| Lock in | Not available | None |
| Fund managers | Not available | Sharwan Kumar Goyal FM 1, Ayush Jain FM 2, Lokesh Kulthia FM 3 |
| Exit load | Not available | Nil |
Nippon India ETF Nifty 50 Shariah BeES vs UTI Nifty500 Shariah 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 Nifty 50 Shariah BeES (Direct) | +6.89% | −4.96% | −3.17% | −10.42% | +1.70% | +0.83% | -- |
| UTI Nifty500 Shariah Index Fund (Direct) | +0.16% | −6.03% | −2.97% | -- | -- | -- | -- |
Nippon India ETF Nifty 50 Shariah BeES vs UTI Nifty500 Shariah Index: Year-wise Returns
| Year | Nippon India ETF Nifty 50 Shariah BeESNippon India ETF Nifty 50 Shariah BeES | UTI Nifty500 Shariah IndexUTI Nifty500 Shariah Index |
|---|---|---|
| 2026to date | −12.54% | -- |
| 2025 | −3.67% | -- |
| 2024 | +9.32% | -- |
| 2023 | +17.98% | -- |
| 2022 | −10.01% | -- |
| 2021 | +30.70% | -- |
Nippon India ETF Nifty 50 Shariah BeES vs UTI Nifty500 Shariah Index: Rolling Returns
Every holding period of both funds, against Nifty50 Shariah TRI, the benchmark of Nippon India ETF Nifty 50 Shariah BeES
Nippon India ETF Nifty 50 Shariah BeES vs UTI Nifty500 Shariah Index: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Nippon India ETF Nifty 50 Shariah BeES (Direct) | UTI Nifty500 Shariah Index Fund (Direct) |
|---|---|---|
| Return (CAGR) | +8.80% | −6.11% |
| Standard deviation | 15.68% | 14.41% |
| Sharpe ratio | 0.22 | -0.79 |
| Sortino ratio | 0.30 | -1.04 |
| Maximum drawdown | −31.0% (08-10-2026) | −10.3% (23-10-2026) |
| Beta | -- | 1.00 |
| Alpha | -- | −0.70% |
From daily NAVs, 07-11-2016 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 50 Shariah BeES (Direct)
UTI Nifty500 Shariah Index Fund (Direct)
Nifty50 Shariah TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Nippon India ETF Nifty 50 Shariah BeES (Direct) | −13.6% | 26-02-2026 | 08-10-2026 | Not yet | -- | −6.2% |
| UTI Nifty500 Shariah Index Fund (Direct) | −10.3% | 10-08-2026 | 23-10-2026 | Not yet | -- | −7.9% |
| Nifty50 Shariah TRI | −13.3% | 03-08-2026 | 08-10-2026 | Not yet | -- | −5.8% |
From daily values since 26-02-2026, the first day every fund has.
Nippon India ETF Nifty 50 Shariah BeES vs UTI Nifty500 Shariah Index: Portfolio Overlap
From each fund's latest monthly portfolio: Nippon India ETF Nifty 50 Shariah BeES, September 2026; UTI Nifty500 Shariah Index Fund, September 2026
Holdings in common
- Overlap
- 39.3%
- Held by both
- 18
- Only in Nippon India ETF Nifty 50 Shariah BeES
- 0
- Only in UTI Nifty500 Shariah Index
- 185
| Security | % of Nippon India ETF Nifty 50 Shariah BeES | % of UTI Nifty500 Shariah Index |
|---|---|---|
| Infosys Limited | 14.83% | 5.84% |
| Eternal Limited | 9.79% | 3.86% |
| Tata Consultancy Services Limited | 8.84% | 3.48% |
| Sun Pharmaceutical Industries Limited | 8.12% | 3.20% |
| Hindustan Unilever Limited | 7.04% | 2.77% |
| Hindalco Industries Limited | 5.76% | 2.27% |
| HCL Technologies Limited | 5.47% | 2.16% |
| UltraTech Cement Limited | 5.47% | 2.16% |
| Asian Paints Limited | 4.59% | 1.81% |
| Tech Mahindra Limited | 4.09% | 1.61% |
| Nestle India Limited | 3.97% | 1.56% |
| Oil & Natural Gas Corporation Limited | 3.70% | 1.46% |
| Trent Limited | 3.68% | 1.45% |
| Cipla Limited | 3.20% | 1.26% |
| Dr. Reddy's Laboratories Limited | 3.18% | 1.25% |
| Max Healthcare Institute Limited | 2.92% | 1.15% |
| Tata Consumer Products Limited | 2.61% | 1.03% |
| Tata Motors Passenger Vehicles Limited | 2.50% | 0.99% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 39.3% means 39.3% 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 50 Shariah BeES
Every holding of this fund is also held by the other.
Largest holdings only in UTI Nifty500 Shariah Index Fund
| Security | % of fund |
|---|---|
| EQ - TATA MOTORS LTD | 1.47% |
| EQ - LAURUS LABS LTD. | 1.28% |
| EQ - SAMVARDHANA MOTHERSON INTL LTD | 1.20% |
| EQ - HERO MOTOCORP LTD. | 1.13% |
| EQ - CUMMINS INDIA LTD. | 1.07% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Nippon India ETF Nifty 50 Shariah BeES | UTI Nifty500 Shariah Index |
|---|---|---|
| Equity | 99.8% | 100.2% |
| Debt | 0.0% | 0.0% |
| Cash and others | 0.2% | -0.2% |
Market cap of stocks
| Market cap | Nippon India ETF Nifty 50 Shariah BeES | UTI Nifty500 Shariah Index |
|---|---|---|
| Large Cap | 93.7% | 54.0% |
| Mid Cap | 6.1% | 30.9% |
| Small Cap | 0.0% | 15.0% |
| Not on AMFI's list | 0.0% | 0.3% |
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 50 Shariah BeES | UTI Nifty500 Shariah Index |
|---|---|---|
| IT - Software | 33.2% | 16.6% |
| Pharmaceuticals & Biotechnology | 14.5% | 13.7% |
| Retailing | 13.5% | 8.3% |
| Diversified FMCG | 7.0% | 2.8% |
| Electrical Equipment | 0.0% | 6.0% |
| Industrial Products | 0.0% | 5.9% |
| Non - Ferrous Metals | 5.8% | 3.0% |
| Cement & Cement Products | 5.5% | 3.2% |
| Auto Components | 0.0% | 5.3% |
The six largest sectors of each fund's stocks, % of the fund.
Nippon India ETF Nifty 50 Shariah BeES vs UTI Nifty500 Shariah Index: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Nippon India ETF Nifty 50 Shariah BeES | UTI Nifty500 Shariah Index Fund |
|---|---|---|
| Total expense ratio (Direct) | 1.01% | 0.78% |
| Base expense ratio (Direct) | 0.82% | 0.50% |
| Total expense ratio (Regular) | Not available | 1.24% |
| Base expense ratio (Regular) | 0.00% | 0.90% |
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 Nifty 50 Shariah BeES vs UTI Nifty500 Shariah Index Fund: Frequently Asked Questions
What is the difference between Nippon India ETF Nifty 50 Shariah BeES and UTI Nifty500 Shariah Index Fund?
Nippon India ETF Nifty 50 Shariah BeES is a mutual fund, UTI Nifty500 Shariah Index Fund is an Index fund, run by Nippon India Mutual Fund and UTI Mutual Fund. Their portfolios overlap 39.3%. Nippon India ETF Nifty 50 Shariah BeES charges 1.01% a year and UTI Nifty500 Shariah Index Fund 0.78%.
Which has the lower expense ratio, Nippon India ETF Nifty 50 Shariah BeES or UTI Nifty500 Shariah Index Fund?
UTI Nifty500 Shariah Index Fund charges less: 0.78% a year against 1.01%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Nippon India ETF Nifty 50 Shariah BeES and UTI Nifty500 Shariah Index Fund overlap?
39.3%. They hold 18 of the same securities, the largest shared ones being INFY, ETERNAL, TCS. From each fund's latest monthly portfolio.
Can I invest in both Nippon India ETF Nifty 50 Shariah BeES and UTI Nifty500 Shariah Index Fund?
Yes. 39.3% of each fund's money sits in the same holdings, so some 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.