Nippon India ETF Nifty 50 Value 20 vs Nippon India Nifty 50 Value 20 Index Fund
Direct Plan, Growth option · Data as on 30-10-2026
Nippon India ETF Nifty 50 Value 20 is a mutual fund and Nippon India Nifty 50 Value 20 Index Fund is a mutual fund. In the 3 years to 30-10-2026, Nippon India ETF Nifty 50 Value 20 (Direct) returned 5.5% a year and Nippon India Nifty 50 Value 20 Index Fund (Direct) returned 5.4% a year. Nippon India ETF Nifty 50 Value 20 charges 0.46% a year and Nippon India Nifty 50 Value 20 Index Fund 0.52% (Direct plans). Their portfolios overlap 99.9%: they hold 20 of the same securities.
Nippon India ETF Nifty 50 Value 20
- 3 year return
- 5.5%
- Expense ratio
- 0.46%
- NAV
- ₹134.17
Nippon India Nifty 50 Value 20 Index Fund
- 3 year return
- 5.4%
- Expense ratio
- 0.52%
- NAV
- ₹16.97
Which is better, Nippon India ETF Nifty 50 Value 20 or Nippon India Nifty 50 Value 20 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 Nifty 50 Value 20 returned more over 5 years: 7.0% a year against 6.9%.
- Nippon India ETF Nifty 50 Value 20 returned more over 3 years: 5.5% a year against 5.4%.
- Nippon India ETF Nifty 50 Value 20 costs less: 0.46% a year against 0.52% (Direct plans).
- Nippon India Nifty 50 Value 20 Index swung less over 3 years: a standard deviation of 13.2% a year against 13.2%.
- Nippon India ETF Nifty 50 Value 20 fell less in its worst fall since 23-02-2021: −22.6% against −22.8%.
- Nippon India Nifty 50 Value 20 Index is the larger fund: ₹708 Cr against ₹133 Cr.
- Their portfolios overlap 99.9%: 20 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 Value 20 | Nippon India Nifty 50 Value 20 Index Fund |
|---|---|---|
| Fund house | Nippon India Mutual Fund | Nippon India Mutual Fund |
| Category | Not available | Not available |
| AUM | ₹133 Cr (30-09-2026) | ₹708 Cr (30-09-2026) |
| NAV | ₹134.17 (Direct) | ₹16.97 (Direct) |
| Expense ratio (Direct) | 0.46% | 0.52% |
| Expense ratio (Regular) | Not available | 1.05% |
| 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 |
Nippon India ETF Nifty 50 Value 20 vs Nippon India Nifty 50 Value 20 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 Value 20 (Direct) | +2.09% | −4.93% | −6.78% | −12.00% | +5.48% | +6.98% | +13.46% |
| Nippon India Nifty 50 Value 20 Index Fund (Direct) | +2.08% | −4.96% | −6.86% | −12.14% | +5.40% | +6.93% | -- |
Nippon India ETF Nifty 50 Value 20 vs Nippon India Nifty 50 Value 20 Index: Year-wise Returns
| Year | ETF Nifty 50 Value 20Nippon India ETF Nifty 50 Value 20 | Nifty 50 Value 20 IndexNippon India Nifty 50 Value 20 Index | Nifty50 Value 20 TRI |
|---|---|---|---|
| 2026to date | −13.70% | −13.81% | −13.46% |
| 2025 | +0.66% | +0.58% | +0.94% |
| 2024 | +17.40% | +17.36% | +17.88% |
| 2023 | +29.16% | +29.25% | +29.79% |
| 2022 | +1.27% | +1.21% | +1.65% |
| 2021 | +36.52% | -- | +37.34% |
Nippon India ETF Nifty 50 Value 20 vs Nippon India Nifty 50 Value 20 Index: Rolling Returns
Every holding period of both funds, against Nifty50 Value 20 TRI, the benchmark of both
Rolling returns
Every 3-year holding period, 662 of them, one for each trading day from 23-02-2024 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 Nifty 50 Value 20 (Direct)
Nippon India Nifty 50 Value 20 Index Fund (Direct)
Nifty50 Value 20 TRI
to
May 2024Oct 2021
to
Oct 2024Apr 2022
to
Apr 2025Sept 2022
to
Sept 2025Mar 2023
to
Mar 2026Aug 2023
to
Aug 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 Nifty 50 Value 20 | 0.0 | 4.1 | 13.3 | 33.4 | 39.4 | 9.8 | 0.0 | 14.6% | 14.9% | 3.3% | 22.5% | 0% |
| Nippon India Nifty 50 Value 20 Index | 0.0 | 4.2 | 13.0 | 33.3 | 39.4 | 10.0 | 0.0 | 14.6% | 14.9% | 3.2% | 22.5% | 0% |
| Nifty50 Value 20 TRI | 0.0 | 3.3 | 12.5 | 30.4 | 39.0 | 14.8 | 0.0 | 15.1% | 15.4% | 3.7% | 23.1% | -- |
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 Nifty50 Value 20 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 23-02-2021. Past returns do not promise future returns.
Nippon India ETF Nifty 50 Value 20 vs Nippon India Nifty 50 Value 20 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 01-02-2021 to 30-10-2026: 69 instalments, ₹6,90,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Nippon India ETF Nifty 50 Value 20Nippon India ETF Nifty 50 Value 20 (Direct) | ₹6,90,000 | ₹7,91,466 | ₹1,01,466 | 4.7% |
| Nippon India Nifty 50 Value 20 IndexNippon India Nifty 50 Value 20 Index Fund (Direct) | ₹6,90,000 | ₹7,89,599 | ₹99,599 | 4.6% |
Nippon India ETF Nifty 50 Value 20Nippon India ETF Nifty 50 Value 20 (Direct)
Nippon India Nifty 50 Value 20 IndexNippon India Nifty 50 Value 20 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 Nifty 50 Value 20 vs Nippon India Nifty 50 Value 20 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 Value 20 (Direct) | Nippon India Nifty 50 Value 20 Index Fund (Direct) |
|---|---|---|
| Return (CAGR) | −12.00% | −12.14% |
| Standard deviation | 12.53% | 12.46% |
| Sharpe ratio | -1.38 | -1.40 |
| Sortino ratio | -1.79 | -1.82 |
| Maximum drawdown | −17.4% (08-10-2026) | −17.6% (08-10-2026) |
| Beta | 1.00 | 1.00 |
| Alpha | −0.30% | −0.43% |
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 Nifty 50 Value 20 (Direct) | Nippon India Nifty 50 Value 20 Index Fund (Direct) |
|---|---|---|
| Return (CAGR) | +5.48% | +5.40% |
| Standard deviation | 13.22% | 13.21% |
| Sharpe ratio | -0.04 | -0.05 |
| Sortino ratio | -0.06 | -0.07 |
| Maximum drawdown | −22.6% (08-10-2026) | −22.8% (08-10-2026) |
| Beta | 1.00 | 1.00 |
| Alpha | −0.39% | −0.47% |
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 Nifty 50 Value 20 (Direct) | Nippon India Nifty 50 Value 20 Index Fund (Direct) |
|---|---|---|
| Return (CAGR) | +6.98% | +6.93% |
| Standard deviation | 13.72% | 13.70% |
| Sharpe ratio | 0.09 | 0.08 |
| Sortino ratio | 0.12 | 0.12 |
| Maximum drawdown | −22.6% (08-10-2026) | −22.8% (08-10-2026) |
| Beta | 1.00 | 1.00 |
| Alpha | −0.41% | −0.46% |
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 Nifty 50 Value 20 (Direct) | Nippon India Nifty 50 Value 20 Index Fund (Direct) |
|---|---|---|
| Return (CAGR) | +11.90% | +9.99% |
| Standard deviation | 15.40% | 13.65% |
| Sharpe ratio | 0.41 | 0.33 |
| Sortino ratio | 0.57 | 0.46 |
| Maximum drawdown | −30.3% (23-03-2020) | −22.8% (08-10-2026) |
| Beta | 1.00 | 1.00 |
| Alpha | −0.54% | −0.51% |
From daily NAVs, 19-06-2015 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 Value 20 (Direct)
Nippon India Nifty 50 Value 20 Index Fund (Direct)
Nifty50 Value 20 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 Value 20 (Direct) | −22.6% | 26-09-2024 | 08-10-2026 | Not yet | -- | −19.8% |
| Nippon India Nifty 50 Value 20 Index Fund (Direct) | −22.8% | 26-09-2024 | 08-10-2026 | Not yet | -- | −20.0% |
| Nifty50 Value 20 TRI | −22.1% | 26-09-2024 | 08-10-2026 | Not yet | -- | −19.3% |
From daily values since 23-02-2021, 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 Nifty 50 Value 20 (Direct)
Nippon India Nifty 50 Value 20 Index Fund (Direct)
Nifty50 Value 20 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 Nifty 50 Value 20 (Direct)
Nippon India Nifty 50 Value 20 Index Fund (Direct)
Nifty50 Value 20 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 Nifty 50 Value 20 (Direct)
Nippon India Nifty 50 Value 20 Index Fund (Direct)
Nifty50 Value 20 TRI
Against Nifty50 Value 20 TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| Nippon India ETF Nifty 50 Value 20 (Direct) | 99% | 101% | 0.09% |
| Nippon India Nifty 50 Value 20 Index Fund (Direct) | 99% | 101% | 0.13% |
From month-end values since 23-02-2021. 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 Nifty 50 Value 20 vs Nippon India Nifty 50 Value 20 Index: Portfolio Overlap
From each fund's latest monthly portfolio: Nippon India ETF Nifty 50 Value 20, September 2026; Nippon India Nifty 50 Value 20 Index Fund, September 2026
Holdings in common
- Overlap
- 99.9%
- Held by both
- 20
- Only in Nippon India ETF Nifty 50 Value 20
- 0
- Only in Nippon India Nifty 50 Value 20 Index
- 0
| Security | % of Nippon India ETF Nifty 50 Value 20 | % of Nippon India Nifty 50 Value 20 Index |
|---|---|---|
| HDFC Bank Limited | 14.73% | 14.73% |
| Reliance Industries Limited | 12.15% | 12.15% |
| ICICI Bank Limited | 11.34% | 11.34% |
| State Bank of India | 9.10% | 9.10% |
| Infosys Limited | 6.52% | 6.52% |
| ITC Limited | 5.57% | 5.57% |
| Axis Bank Limited | 5.40% | 5.40% |
| Oil & Natural Gas Corporation Limited | 4.15% | 4.15% |
| Kotak Mahindra Bank Limited | 3.76% | 3.76% |
| Tata Consultancy Services Limited | 3.68% | 3.68% |
| Coal India Limited | 3.38% | 3.37% |
| NTPC Limited | 3.22% | 3.22% |
| Tata Motors Passenger Vehicles Limited | 3.21% | 3.21% |
| Hindalco Industries Limited | 2.70% | 2.70% |
| Tata Steel Limited | 2.31% | 2.31% |
| HCL Technologies Limited | 2.25% | 2.25% |
| Power Grid Corporation of India Limited | 2.14% | 2.14% |
| Grasim Industries Limited | 2.07% | 2.07% |
| Bajaj Finserv Limited | 1.25% | 1.25% |
| Dr. Reddy's Laboratories Limited | 1.00% | 1.00% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 99.9% means 99.9% 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 Value 20
Every holding of this fund is also held by the other.
Largest holdings only in Nippon India Nifty 50 Value 20 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 Nifty 50 Value 20 | Nippon India Nifty 50 Value 20 Index |
|---|---|---|
| Equity | 99.9% | 99.9% |
| Debt | 0.0% | 0.0% |
| Cash and others | 0.1% | 0.1% |
Market cap of stocks
| Market cap | Nippon India ETF Nifty 50 Value 20 | Nippon India Nifty 50 Value 20 Index |
|---|---|---|
| Large Cap | 98.9% | 98.9% |
| Mid Cap | 1.0% | 1.0% |
| 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 Nifty 50 Value 20 | Nippon India Nifty 50 Value 20 Index |
|---|---|---|
| Banks | 44.3% | 44.3% |
| IT - Software | 12.4% | 12.4% |
| Petroleum Products | 12.2% | 12.2% |
| Diversified FMCG | 5.6% | 5.6% |
| Power | 5.4% | 5.4% |
| Oil | 4.2% | 4.2% |
The six largest sectors of each fund's stocks, % of the fund.
Nippon India ETF Nifty 50 Value 20 vs Nippon India Nifty 50 Value 20 Index: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Nippon India ETF Nifty 50 Value 20 | Nippon India Nifty 50 Value 20 Index Fund |
|---|---|---|
| Total expense ratio (Direct) | 0.46% | 0.52% |
| Base expense ratio (Direct) | 0.22% | 0.21% |
| Total expense ratio (Regular) | Not available | 1.05% |
| Base expense ratio (Regular) | 0.00% | 0.66% |
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 Value 20 vs Nippon India Nifty 50 Value 20 Index Fund: Frequently Asked Questions
What is the difference between Nippon India ETF Nifty 50 Value 20 and Nippon India Nifty 50 Value 20 Index Fund?
Nippon India ETF Nifty 50 Value 20 is a mutual fund, Nippon India Nifty 50 Value 20 Index Fund is a mutual fund, run by Nippon India Mutual Fund. Their portfolios overlap 99.9%. Nippon India ETF Nifty 50 Value 20 charges 0.46% a year and Nippon India Nifty 50 Value 20 Index Fund 0.52%.
Which has given higher returns, Nippon India ETF Nifty 50 Value 20 or Nippon India Nifty 50 Value 20 Index Fund?
Over 1 year: Nippon India ETF Nifty 50 Value 20 −12.00%, Nippon India Nifty 50 Value 20 Index Fund −12.14%. Over 3 years: Nippon India ETF Nifty 50 Value 20 +5.48% a year, Nippon India Nifty 50 Value 20 Index Fund +5.40% a year. Over 5 years: Nippon India ETF Nifty 50 Value 20 +6.98% a year, Nippon India Nifty 50 Value 20 Index Fund +6.93% a year. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, Nippon India ETF Nifty 50 Value 20 or Nippon India Nifty 50 Value 20 Index Fund?
Nippon India ETF Nifty 50 Value 20 charges less: 0.46% a year against 0.52%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Nippon India ETF Nifty 50 Value 20 and Nippon India Nifty 50 Value 20 Index Fund overlap?
99.9%. They hold 20 of the same securities, the largest shared ones being HDFCBANK, RELIANCE, ICICIBANK. From each fund's latest monthly portfolio.
Which is better for SIP, Nippon India ETF Nifty 50 Value 20 or Nippon India Nifty 50 Value 20 Index Fund?
Over the last 5 years, a monthly SIP of ₹10,000 from 01-10-2021 to 30-10-2026 grew to ₹6,63,337 in Nippon India ETF Nifty 50 Value 20 (XIRR 3.3% a year) and ₹6,62,108 in Nippon India Nifty 50 Value 20 Index Fund (XIRR 3.2% a year). Both received 61 instalments. Past returns do not promise future returns.
Can I invest in both Nippon India ETF Nifty 50 Value 20 and Nippon India Nifty 50 Value 20 Index Fund?
Yes. 99.9% 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.