Nippon India ETF Nifty 50 Value 20 vs Zerodha BSE SENSEX Index Fund
Direct Plan, Growth option · Data as on 30-10-2026
Nippon India ETF Nifty 50 Value 20 is a mutual fund and Zerodha BSE SENSEX Index Fund is an Index fund. Nippon India ETF Nifty 50 Value 20 charges 0.46% a year and Zerodha BSE SENSEX Index Fund 0.47% (Direct plans). Their portfolios overlap 62.1%: they hold 14 of the same securities.
Nippon India ETF Nifty 50 Value 20
- Expense ratio
- 0.46%
- NAV
- ₹134.17
Which is better, Nippon India ETF Nifty 50 Value 20 or Zerodha 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 Nifty 50 Value 20 costs less: 0.46% a year against 0.47% (Direct plans).
- Zerodha BSE SENSEX Index fell less in its worst fall since 10-11-2025: −16.1% against −17.4%.
- Nippon India ETF Nifty 50 Value 20 is the larger fund: ₹133 Cr against ₹19 Cr.
- Their portfolios overlap 62.1%: 14 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 | Zerodha BSE SENSEX Index Fund |
|---|---|---|
| Fund house | Nippon India Mutual Fund | Zerodha Mutual Fund |
| Category | Not available | Index |
| AUM | ₹133 Cr (30-09-2026) | ₹19 Cr (30-09-2026) |
| NAV | ₹134.17 (Direct) | ₹8.99 (Direct) |
| Expense ratio (Direct) | 0.46% | 0.47% |
| Expense ratio (Regular) | Not available | Not available |
| Riskometer | Not available | Very High |
| Benchmark | Not available | BSE SENSEX TRI |
| Launch date | Not available | 06-11-2025 |
| Minimum investment | Not available | ₹100 |
| Lock in | Not available | None |
| Fund managers | Not available | Kedarnath Mirajkar |
| Exit load | Not available | Nil |
Nippon India ETF Nifty 50 Value 20 vs Zerodha 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 Nifty 50 Value 20 (Direct) | +2.09% | −4.93% | −6.78% | −12.00% | +5.48% | +6.98% | +13.46% |
| Zerodha BSE SENSEX Index Fund (Direct) | +2.75% | −4.37% | −2.58% | -- | -- | -- | -- |
Nippon India ETF Nifty 50 Value 20 vs Zerodha BSE SENSEX Index: Year-wise Returns
| Year | Nippon India ETF Nifty 50 Value 20Nippon India ETF Nifty 50 Value 20 | Zerodha BSE SENSEX IndexZerodha BSE SENSEX Index |
|---|---|---|
| 2026to date | −13.70% | −12.06% |
| 2025 | +0.66% | -- |
| 2024 | +17.40% | -- |
| 2023 | +29.16% | -- |
| 2022 | +1.27% | -- |
| 2021 | +36.52% | -- |
Nippon India ETF Nifty 50 Value 20 vs Zerodha BSE SENSEX Index: Rolling Returns
Every holding period of both funds, against Nifty50 Value 20 TRI, the benchmark of Nippon India ETF Nifty 50 Value 20
Nippon India ETF Nifty 50 Value 20 vs Zerodha 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 Nifty 50 Value 20 (Direct) | Zerodha BSE SENSEX Index Fund (Direct) |
|---|---|---|
| Return (CAGR) | +11.90% | −10.70% |
| Standard deviation | 15.40% | 14.00% |
| Sharpe ratio | 0.41 | -1.14 |
| Sortino ratio | 0.57 | -1.53 |
| Maximum drawdown | −30.3% (23-03-2020) | −16.1% (30-03-2026) |
| Beta | 1.00 | 1.00 |
| Alpha | −0.54% | −0.40% |
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)
Zerodha BSE SENSEX 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) | −17.4% | 07-01-2026 | 08-10-2026 | Not yet | -- | −14.5% |
| Zerodha BSE SENSEX Index Fund (Direct) | −16.1% | 02-01-2026 | 30-03-2026 | Not yet | -- | −12.6% |
| Nifty50 Value 20 TRI | −17.2% | 07-01-2026 | 08-10-2026 | Not yet | -- | −14.2% |
From daily values since 10-11-2025, the first day every fund has.
Nippon India ETF Nifty 50 Value 20 vs Zerodha BSE SENSEX Index: Portfolio Overlap
From each fund's latest monthly portfolio: Nippon India ETF Nifty 50 Value 20, September 2026; Zerodha BSE SENSEX Index Fund, September 2026
Holdings in common
- Overlap
- 62.1%
- Held by both
- 14
- Only in Nippon India ETF Nifty 50 Value 20
- 6
- Only in Zerodha BSE SENSEX Index
- 16
| Security | % of Nippon India ETF Nifty 50 Value 20 | % of Zerodha BSE SENSEX Index |
|---|---|---|
| HDFC Bank Limited | 14.73% | 12.59% |
| ICICI Bank Limited | 11.34% | 11.04% |
| Reliance Industries Limited | 12.15% | 9.16% |
| State Bank of India | 9.10% | 4.64% |
| Infosys Limited | 6.52% | 4.09% |
| Axis Bank Limited | 5.40% | 4.08% |
| Kotak Mahindra Bank Limited | 3.76% | 3.58% |
| ITC Limited | 5.57% | 2.97% |
| Tata Consultancy Services Limited | 3.68% | 2.42% |
| NTPC Limited | 3.22% | 1.78% |
| Tata Steel Limited | 2.31% | 1.77% |
| HCL Technologies Limited | 2.25% | 1.51% |
| Power Grid Corporation of India Limited | 2.14% | 1.38% |
| Bajaj Finserv Limited | 1.25% | 1.13% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 62.1% means 62.1% 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
| Security | % of fund |
|---|---|
| Oil & Natural Gas Corporation Limited | 4.15% |
| Coal India Limited | 3.38% |
| Tata Motors Passenger Vehicles Limited | 3.21% |
| Hindalco Industries Limited | 2.70% |
| Grasim Industries Limited | 2.07% |
Largest holdings only in Zerodha BSE SENSEX Index Fund
| Security | % of fund |
|---|---|
| Bharti Airtel Limited | 6.39% |
| Larsen & Toubro Limited | 5.11% |
| Mahindra & Mahindra Limited | 3.08% |
| Bajaj Finance Limited | 3.00% |
| Eternal Limited | 2.70% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Nippon India ETF Nifty 50 Value 20 | Zerodha BSE SENSEX Index |
|---|---|---|
| Equity | 99.9% | 100.1% |
| 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 | Zerodha BSE SENSEX Index |
|---|---|---|
| Large Cap | 98.9% | 100.1% |
| Mid Cap | 1.0% | 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 Nifty 50 Value 20 | Zerodha BSE SENSEX Index |
|---|---|---|
| Banks | 44.3% | 35.9% |
| IT - Software | 12.4% | 9.2% |
| Petroleum Products | 12.2% | 9.2% |
| Telecom - Services | 0.0% | 6.4% |
| Diversified FMCG | 5.6% | 4.9% |
| Power | 5.4% | 3.2% |
| Construction | 0.0% | 5.1% |
| Oil | 4.2% | 0.0% |
The six largest sectors of each fund's stocks, % of the fund.
Nippon India ETF Nifty 50 Value 20 vs Zerodha BSE SENSEX Index: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Nippon India ETF Nifty 50 Value 20 | Zerodha BSE SENSEX Index Fund |
|---|---|---|
| Total expense ratio (Direct) | 0.46% | 0.47% |
| Base expense ratio (Direct) | 0.22% | 0.29% |
| Base expense ratio (Regular) | 0.00% | 0.00% |
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 Zerodha BSE SENSEX Index Fund: Frequently Asked Questions
What is the difference between Nippon India ETF Nifty 50 Value 20 and Zerodha BSE SENSEX Index Fund?
Nippon India ETF Nifty 50 Value 20 is a mutual fund, Zerodha BSE SENSEX Index Fund is an Index fund, run by Nippon India Mutual Fund and Zerodha Mutual Fund. Their portfolios overlap 62.1%. Nippon India ETF Nifty 50 Value 20 charges 0.46% a year and Zerodha BSE SENSEX Index Fund 0.47%.
Which has the lower expense ratio, Nippon India ETF Nifty 50 Value 20 or Zerodha BSE SENSEX Index Fund?
Nippon India ETF Nifty 50 Value 20 charges less: 0.46% a year against 0.47%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Nippon India ETF Nifty 50 Value 20 and Zerodha BSE SENSEX Index Fund overlap?
62.1%. They hold 14 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 50 Value 20 and Zerodha BSE SENSEX Index Fund?
Yes. 62.1% 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.