Nippon India ETF Nifty 8-13 yr G-Sec Long Term Gilt vs PGIM India Gilt Fund
Direct Plan, Growth option · Data as on 30-10-2026
Nippon India ETF Nifty 8-13 yr G-Sec Long Term Gilt is a mutual fund and PGIM India Gilt Fund is a Gilt fund. In the 3 years to 30-10-2026, Nippon India ETF Nifty 8-13 yr G-Sec Long Term Gilt (Direct) returned 6.5% a year and PGIM India Gilt Fund (Direct) returned 5.9% a year. Nippon India ETF Nifty 8-13 yr G-Sec Long Term Gilt charges 0.11% a year and PGIM India Gilt Fund 0.53% (Direct plans). Their portfolios overlap 39.7%: they hold 3 of the same securities.
Nippon India ETF Nifty 8-13 yr G-Sec Long Term Gilt
- 3 year return
- 6.5%
- Expense ratio
- 0.11%
- NAV
- ₹29.23
Which is better, Nippon India ETF Nifty 8-13 yr G-Sec Long Term Gilt or PGIM India Gilt? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- PGIM India Gilt returned more over 5 years: 5.3% a year against 5.2%.
- Nippon India ETF Nifty 8-13 yr G-Sec Long Term Gilt returned more over 3 years: 6.5% a year against 5.9%.
- Nippon India ETF Nifty 8-13 yr G-Sec Long Term Gilt costs less: 0.11% a year against 0.53% (Direct plans).
- Nippon India ETF Nifty 8-13 yr G-Sec Long Term Gilt swung less over 3 years: a standard deviation of 2.7% a year against 2.9%.
- PGIM India Gilt fell less in its worst fall since 07-07-2016: −3.2% against −5.1%.
- Nippon India ETF Nifty 8-13 yr G-Sec Long Term Gilt is the larger fund: ₹2,364 Cr against ₹85 Cr.
- Their portfolios overlap 39.7%: 3 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 8-13 yr G-Sec Long Term Gilt | PGIM India Gilt Fund |
|---|---|---|
| Fund house | Nippon India Mutual Fund | PGIM India Mutual Fund |
| Category | Not available | Gilt |
| AUM | ₹2,364 Cr (30-09-2026) | ₹85 Cr (30-09-2026) |
| NAV | ₹29.23 (Direct) | ₹33.17 (Direct) |
| Expense ratio (Direct) | 0.11% | 0.53% |
| Expense ratio (Regular) | Not available | 1.42% |
| Riskometer | Not available | Moderate |
| Benchmark | Not available | CRISIL Dynamic Gilt Index |
| Launch date | Not available | 27-10-2008 |
| Minimum investment | Not available | ₹5,000 |
| Lock in | Not available | None |
| Fund managers | Not available | Puneet Pal, and Mr. Akhil Dhar |
| Exit load | Not available | NIL |
Nippon India ETF Nifty 8-13 yr G-Sec Long Term Gilt vs PGIM India Gilt: 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 8-13 yr G-Sec Long Term Gilt (Direct) | −1.07% | −2.37% | +0.62% | +0.95% | +6.46% | +5.23% | +5.98% |
| PGIM India Gilt Fund (Direct) | −0.51% | −1.39% | +1.49% | +1.14% | +5.93% | +5.32% | +6.31% |
| Gilt average | −0.69% | −1.34% | +1.62% | +2.12% | +6.19% | +5.46% | +6.64% |
Category average: the average of the 28 Gilt funds, same plan type.
Nippon India ETF Nifty 8-13 yr G-Sec Long Term Gilt vs PGIM India Gilt: Year-wise Returns
| Year | Nippon India ETF Nifty 8-13 yr G-Sec Long TermNippon India ETF Nifty 8-13 yr G-Sec Long Term Gilt | PGIM IndiaPGIM India Gilt |
|---|---|---|
| 2026to date | +0.19% | +0.70% |
| 2025 | +7.23% | +5.04% |
| 2024 | +9.54% | +10.03% |
| 2023 | +7.96% | +7.73% |
| 2022 | +0.83% | +2.84% |
| 2021 | +1.65% | +4.07% |
Nippon India ETF Nifty 8-13 yr G-Sec Long Term Gilt vs PGIM India Gilt: Rolling Returns
Every holding period of both funds
Rolling returns
Every 3-year holding period, 1,772 of them, one for each trading day from 08-07-2019 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 8-13 yr G-Sec Long Term Gilt (Direct)
PGIM India Gilt Fund (Direct)
to
Feb 2020May 2018
to
May 2021Aug 2019
to
Aug 2022Oct 2020
to
Oct 2023Jan 2022
to
Jan 2025Mar 2023
to
Mar 2026
How the periods spread
| Fund | Below 0% | 0-5% | 5-10% | 10-15% | 15-20% | 20-25% | Above 25% | Mean | Median | Lowest | Highest |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Nippon India ETF Nifty 8-13 yr G-Sec Long Term Gilt | 0.0 | 28.4 | 67.0 | 4.6 | 0.0 | 0.0 | 0.0 | 6.8% | 7.1% | 2.8% | 10.6% |
| PGIM India Gilt | 0.0 | 7.9 | 92.1 | 0.0 | 0.0 | 0.0 | 0.0 | 7.1% | 7.2% | 4.3% | 9.9% |
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. Every fund is measured over the days all of them have, from 07-07-2016. Past returns do not promise future returns.
Nippon India ETF Nifty 8-13 yr G-Sec Long Term Gilt vs PGIM India Gilt: 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 07-07-2016 to 30-10-2026: 124 instalments, ₹12,40,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Nippon India ETF Nifty 8-13 yr G-Sec Long Term GiltNippon India ETF Nifty 8-13 yr G-Sec Long Term Gilt (Direct) | ₹12,40,000 | ₹16,85,076 | ₹4,45,076 | 5.8% |
| PGIM India GiltPGIM India Gilt Fund (Direct) | ₹12,40,000 | ₹17,01,189 | ₹4,61,189 | 6.0% |
Nippon India ETF Nifty 8-13 yr G-Sec Long Term GiltNippon India ETF Nifty 8-13 yr G-Sec Long Term Gilt (Direct)
PGIM India GiltPGIM India Gilt 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 8-13 yr G-Sec Long Term Gilt vs PGIM India Gilt: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Nippon India ETF Nifty 8-13 yr G-Sec Long Term Gilt (Direct) | PGIM India Gilt Fund (Direct) |
|---|---|---|
| Return (CAGR) | +0.95% | +1.14% |
| Standard deviation | 3.29% | 3.20% |
| Sharpe ratio | -1.30 | -1.28 |
| Sortino ratio | -1.77 | -1.71 |
| Maximum drawdown | −3.4% (23-10-2026) | −2.6% (02-04-2026) |
| Beta | -- | -- |
| Alpha | -- | -- |
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 8-13 yr G-Sec Long Term Gilt (Direct) | PGIM India Gilt Fund (Direct) |
|---|---|---|
| Return (CAGR) | +6.46% | +5.93% |
| Standard deviation | 2.70% | 2.93% |
| Sharpe ratio | 0.16 | -0.03 |
| Sortino ratio | 0.23 | -0.04 |
| Maximum drawdown | −3.4% (23-10-2026) | −3.2% (02-04-2026) |
| Beta | -- | -- |
| Alpha | -- | -- |
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 8-13 yr G-Sec Long Term Gilt (Direct) | PGIM India Gilt Fund (Direct) |
|---|---|---|
| Return (CAGR) | +5.23% | +5.32% |
| Standard deviation | 3.20% | 2.49% |
| Sharpe ratio | -0.18 | -0.19 |
| Sortino ratio | -0.24 | -0.27 |
| Maximum drawdown | −5.1% (13-06-2022) | −3.2% (02-04-2026) |
| Beta | -- | -- |
| Alpha | -- | -- |
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 8-13 yr G-Sec Long Term Gilt (Direct) | PGIM India Gilt Fund (Direct) |
|---|---|---|
| Return (CAGR) | +6.39% | +6.95% |
| Standard deviation | 3.93% | 2.76% |
| Sharpe ratio | 0.24 | 0.54 |
| Sortino ratio | 0.35 | 0.78 |
| Maximum drawdown | −5.1% (13-06-2022) | −3.2% (02-04-2026) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 07-07-2016 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 8-13 yr G-Sec Long Term Gilt (Direct)
PGIM India Gilt Fund (Direct)
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Nippon India ETF Nifty 8-13 yr G-Sec Long Term Gilt (Direct) | −5.1% | 15-12-2021 | 13-06-2022 | 24-11-2022 | 5 months | −3.0% |
| PGIM India Gilt Fund (Direct) | −3.2% | 28-05-2025 | 02-04-2026 | 18-06-2026 | 3 months | −2.1% |
From daily values since 07-07-2016, 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 8-13 yr G-Sec Long Term Gilt (Direct)
PGIM India Gilt Fund (Direct)
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 8-13 yr G-Sec Long Term Gilt (Direct)
PGIM India Gilt Fund (Direct)
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 8-13 yr G-Sec Long Term Gilt (Direct)
PGIM India Gilt Fund (Direct)
Nippon India ETF Nifty 8-13 yr G-Sec Long Term Gilt vs PGIM India Gilt: Portfolio Overlap
From each fund's latest monthly portfolio: Nippon India ETF Nifty 8-13 yr G-Sec Long Term Gilt, September 2026; PGIM India Gilt Fund, September 2026
Holdings in common
- Overlap
- 39.7%
- Held by both
- 3
- Only in Nippon India ETF Nifty 8-13 yr G-Sec Long Term Gilt
- 2
- Only in PGIM India Gilt
- 14
| Security | % of Nippon India ETF Nifty 8-13 yr G-Sec Long Term Gilt | % of PGIM India Gilt |
|---|---|---|
| 6.94% Government of India | 64.13% | 31.24% |
| 6.48% Government of India | 26.52% | 8.42% |
| 6.79% Government of India | 0.01% | 3.69% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 39.7% means 39.7% 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 8-13 yr G-Sec Long Term Gilt
| Security | % of fund |
|---|---|
| 7.18% Government of India | 6.11% |
| 6.33% Government of India | 0.25% |
Largest holdings only in PGIM India Gilt Fund
| Security | % of fund |
|---|---|
| 6.1% Government of India | 11.39% |
| 91 DAYS TBILL RED 08-10-2026 | 5.88% |
| 91 DAYS TBILL RED 01-10-2026 | 4.20% |
| 6.36% Government of India | 3.54% |
| 91 DAYS TBILL RED 19-11-2026 | 2.92% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Nippon India ETF Nifty 8-13 yr G-Sec Long Term Gilt | PGIM India Gilt |
|---|---|---|
| Equity | 0.0% | 0.0% |
| Debt | 97.0% | 79.3% |
| Cash and others | 3.0% | 20.7% |
Nippon India ETF Nifty 8-13 yr G-Sec Long Term Gilt vs PGIM India Gilt: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Nippon India ETF Nifty 8-13 yr G-Sec Long Term Gilt | PGIM India Gilt Fund |
|---|---|---|
| Total expense ratio (Direct) | 0.11% | 0.53% |
| Base expense ratio (Direct) | 0.09% | 0.44% |
| Total expense ratio (Regular) | Not available | 1.42% |
| Base expense ratio (Regular) | 0.00% | 1.19% |
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 8-13 yr G-Sec Long Term Gilt vs PGIM India Gilt Fund: Frequently Asked Questions
What is the difference between Nippon India ETF Nifty 8-13 yr G-Sec Long Term Gilt and PGIM India Gilt Fund?
Nippon India ETF Nifty 8-13 yr G-Sec Long Term Gilt is a mutual fund, PGIM India Gilt Fund is a Gilt fund, run by Nippon India Mutual Fund and PGIM India Mutual Fund. Their portfolios overlap 39.7%. Nippon India ETF Nifty 8-13 yr G-Sec Long Term Gilt charges 0.11% a year and PGIM India Gilt Fund 0.53%.
Which has given higher returns, Nippon India ETF Nifty 8-13 yr G-Sec Long Term Gilt or PGIM India Gilt Fund?
Over 1 year: Nippon India ETF Nifty 8-13 yr G-Sec Long Term Gilt +0.95%, PGIM India Gilt Fund +1.14%. Over 3 years: Nippon India ETF Nifty 8-13 yr G-Sec Long Term Gilt +6.46% a year, PGIM India Gilt Fund +5.93% a year. Over 5 years: Nippon India ETF Nifty 8-13 yr G-Sec Long Term Gilt +5.23% a year, PGIM India Gilt Fund +5.32% a year. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, Nippon India ETF Nifty 8-13 yr G-Sec Long Term Gilt or PGIM India Gilt Fund?
Nippon India ETF Nifty 8-13 yr G-Sec Long Term Gilt charges less: 0.11% a year against 0.53%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Nippon India ETF Nifty 8-13 yr G-Sec Long Term Gilt and PGIM India Gilt Fund overlap?
39.7%. They hold 3 of the same securities, the largest shared ones being 6.94% Government of India, 6.48% Government of India, 6.79% Government of India. From each fund's latest monthly portfolio.
Which is better for SIP, Nippon India ETF Nifty 8-13 yr G-Sec Long Term Gilt or PGIM India Gilt Fund?
Over the last 5 years, a monthly SIP of ₹10,000 from 01-10-2021 to 30-10-2026 grew to ₹6,99,756 in Nippon India ETF Nifty 8-13 yr G-Sec Long Term Gilt (XIRR 5.4% a year) and ₹6,94,071 in PGIM India Gilt Fund (XIRR 5.0% a year). Both received 61 instalments. Past returns do not promise future returns.
Can I invest in both Nippon India ETF Nifty 8-13 yr G-Sec Long Term Gilt and PGIM India Gilt Fund?
Yes. 39.7% 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.