Nippon India ETF Nifty IT vs UTI Nifty IT ETF
Direct Plan, Growth option · Data as on 30-10-2026
Nippon India ETF Nifty IT is a mutual fund and UTI Nifty IT ETF is an ETF fund. In the year to 30-10-2026, Nippon India ETF Nifty IT (Direct) returned −7.8% and UTI Nifty IT ETF (Direct) returned −7.6%. Their portfolios overlap 99.6%: they hold 10 of the same securities.
Which is better, Nippon India ETF Nifty IT or UTI Nifty IT ETF? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- UTI Nifty IT ETF returned more over 1 year: −7.6% against −7.8%.
- UTI Nifty IT ETF fell less in its worst fall since 31-01-2024: −42.0% against −42.2%.
- Nippon India ETF Nifty IT is the larger fund: ₹3,425 Cr against ₹6 Cr.
- Their portfolios overlap 99.6%: 10 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 IT | UTI Nifty IT ETF |
|---|---|---|
| Fund house | Nippon India Mutual Fund | UTI Mutual Fund |
| Category | Not available | ETF |
| AUM | ₹3,425 Cr (30-09-2026) | ₹6 Cr (30-09-2026) |
| NAV | ₹36.35 (Direct) | ₹344.17 (Direct) |
| Expense ratio (Direct) | 0.28% | 0.00% |
| Expense ratio (Regular) | Not available | Not available |
| Riskometer | Not available | Very High |
| Benchmark | Not available | Nifty IT TRI |
| Launch date | Not available | 25-01-2024 |
| Minimum investment | Not available | ₹5,000 |
| 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 IT vs UTI Nifty IT ETF: 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 IT (Direct) | +18.03% | +4.82% | +12.01% | −7.81% | +3.95% | +0.68% | -- |
| UTI Nifty IT ETF (Direct) | +17.99% | +4.87% | +12.08% | −7.63% | -- | -- | -- |
Nippon India ETF Nifty IT vs UTI Nifty IT ETF: Year-wise Returns
| Year | Nippon India ETF Nifty ITNippon India ETF Nifty IT | UTI Nifty IT ETFUTI Nifty IT ETF | Nifty IT TRI |
|---|---|---|---|
| 2026to date | −12.64% | −12.55% | −12.48% |
| 2025 | −10.65% | −10.50% | −10.44% |
| 2024 | +24.06% | -- | +24.42% |
| 2023 | +26.02% | -- | +26.30% |
| 2022 | −24.68% | -- | −24.46% |
| 2021 | +61.89% | -- | +62.35% |
Nippon India ETF Nifty IT vs UTI Nifty IT ETF: Rolling Returns
Every holding period of both funds, against Nifty IT TRI, the benchmark of both
Rolling returns
Every 1-year holding period, 431 of them, one for each trading day from 31-01-2025 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 IT (Direct)
UTI Nifty IT ETF (Direct)
Nifty IT TRI
to
Mar 2025Jul 2024
to
Jul 2025Oct 2024
to
Oct 2025Feb 2025
to
Feb 2026May 2025
to
May 2026Sept 2025
to
Sept 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 IT | 76.3 | 5.1 | 6.3 | 8.6 | 3.7 | 0.0 | 0.0 | −8.5% | −11.6% | −32.3% | 18.7% | 0% |
| UTI Nifty IT ETF | 76.3 | 5.1 | 6.3 | 8.4 | 3.9 | 0.0 | 0.0 | −8.4% | −11.5% | −32.2% | 18.7% | 14% |
| Nifty IT TRI | 76.3 | 4.2 | 7.0 | 8.1 | 4.4 | 0.0 | 0.0 | −8.3% | −11.4% | −32.2% | 19.1% | -- |
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 Nifty IT 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 31-01-2024. Past returns do not promise future returns.
Nippon India ETF Nifty IT vs UTI Nifty IT ETF: 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 01-01-2024 to 30-10-2026: 34 instalments, ₹3,40,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Nippon India ETF Nifty ITNippon India ETF Nifty IT (Direct) | ₹3,40,000 | ₹3,22,886 | −₹17,114 | −3.5% |
| UTI Nifty IT ETFUTI Nifty IT ETF (Direct) | ₹3,40,000 | ₹3,23,208 | −₹16,792 | −3.5% |
Nippon India ETF Nifty ITNippon India ETF Nifty IT (Direct)
UTI Nifty IT ETFUTI Nifty IT ETF (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 IT vs UTI Nifty IT ETF: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Nippon India ETF Nifty IT (Direct) | UTI Nifty IT ETF (Direct) |
|---|---|---|
| Return (CAGR) | −7.81% | −7.63% |
| Standard deviation | 26.07% | 26.05% |
| Sharpe ratio | -0.50 | -0.49 |
| Sortino ratio | -0.70 | -0.69 |
| Maximum drawdown | −34.1% (01-07-2026) | −34.0% (01-07-2026) |
| Beta | 1.00 | 1.00 |
| Alpha | −0.22% | −0.04% |
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 IT (Direct) | UTI Nifty IT ETF (Direct) |
|---|---|---|
| Return (CAGR) | +15.29% | −2.27% |
| Standard deviation | 21.87% | 22.57% |
| Sharpe ratio | 0.46 | -0.36 |
| Sortino ratio | 0.67 | -0.52 |
| Maximum drawdown | −42.2% (01-07-2026) | −42.0% (01-07-2026) |
| Beta | 1.00 | 1.00 |
| Alpha | −0.31% | −0.16% |
From daily NAVs, 30-06-2020 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 IT (Direct)
UTI Nifty IT ETF (Direct)
Nifty IT TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Nippon India ETF Nifty IT (Direct) | −42.2% | 13-12-2024 | 01-07-2026 | Not yet | -- | −26.5% |
| UTI Nifty IT ETF (Direct) | −42.0% | 13-12-2024 | 01-07-2026 | Not yet | -- | −26.3% |
| Nifty IT TRI | −42.0% | 13-12-2024 | 01-07-2026 | Not yet | -- | −26.1% |
From daily values since 31-01-2024, 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 IT (Direct)
UTI Nifty IT ETF (Direct)
Nifty IT TRI
Against Nifty IT TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| Nippon India ETF Nifty IT (Direct) | 99% | 100% | 0.08% |
| UTI Nifty IT ETF (Direct) | 100% | 100% | 0.12% |
From month-end values since 31-01-2024. 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 IT vs UTI Nifty IT ETF: Portfolio Overlap
From each fund's latest monthly portfolio: Nippon India ETF Nifty IT, September 2026; UTI Nifty IT ETF, September 2026
Holdings in common
- Overlap
- 99.6%
- Held by both
- 10
- Only in Nippon India ETF Nifty IT
- 0
- Only in UTI Nifty IT ETF
- 0
| Security | % of Nippon India ETF Nifty IT | % of UTI Nifty IT ETF |
|---|---|---|
| Infosys Limited | 31.29% | 31.18% |
| Tata Consultancy Services Limited | 19.07% | 19.01% |
| HCL Technologies Limited | 11.80% | 11.76% |
| Tech Mahindra Limited | 10.47% | 10.43% |
| Coforge Limited | 6.59% | 6.57% |
| Persistent Systems Limited | 6.21% | 6.19% |
| Wipro Limited | 4.64% | 4.63% |
| LTM Limited | 4.06% | 4.05% |
| Mphasis Limited | 3.09% | 3.07% |
| Oracle Financial Services Software Limited | 2.75% | 2.74% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 99.6% means 99.6% 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 IT
Every holding of this fund is also held by the other.
Largest holdings only in UTI Nifty IT ETF
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 IT | UTI Nifty IT ETF |
|---|---|---|
| Equity | 100.0% | 99.6% |
| Debt | 0.0% | 0.0% |
| Cash and others | 0.0% | 0.4% |
Market cap of stocks
| Market cap | Nippon India ETF Nifty IT | UTI Nifty IT ETF |
|---|---|---|
| Large Cap | 81.3% | 81.1% |
| Mid Cap | 18.6% | 18.6% |
| 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 IT | UTI Nifty IT ETF |
|---|---|---|
| IT - Software | 100.0% | 99.6% |
The six largest sectors of each fund's stocks, % of the fund.
Nippon India ETF Nifty IT vs UTI Nifty IT ETF: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Nippon India ETF Nifty IT | UTI Nifty IT ETF |
|---|---|---|
| Total expense ratio (Direct) | 0.28% | 0.00% |
| Base expense ratio (Direct) | 0.19% | 0.00% |
| Base expense ratio (Regular) | 0.00% | 0.18% |
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 IT vs UTI Nifty IT ETF: Frequently Asked Questions
What is the difference between Nippon India ETF Nifty IT and UTI Nifty IT ETF?
Nippon India ETF Nifty IT is a mutual fund, UTI Nifty IT ETF is an ETF fund, run by Nippon India Mutual Fund and UTI Mutual Fund. Their portfolios overlap 99.6%.
Which has given higher returns, Nippon India ETF Nifty IT or UTI Nifty IT ETF?
Over 1 year: Nippon India ETF Nifty IT −7.81%, UTI Nifty IT ETF −7.63%. As on 30-10-2026. Past returns do not promise future returns.
How much do Nippon India ETF Nifty IT and UTI Nifty IT ETF overlap?
99.6%. They hold 10 of the same securities, the largest shared ones being INFY, TCS, HCLTECH. From each fund's latest monthly portfolio.
Can I invest in both Nippon India ETF Nifty IT and UTI Nifty IT ETF?
Yes. 99.6% 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.