Nippon India Nifty Auto ETF vs Nippon India Nifty Auto Index Fund
Direct Plan, Growth option · Data as on 30-10-2026
Nippon India Nifty Auto ETF is a mutual fund and Nippon India Nifty Auto Index Fund is a mutual fund. In the year to 30-10-2026, Nippon India Nifty Auto ETF (Direct) returned −4.5% and Nippon India Nifty Auto Index Fund (Direct) returned −4.4%. Nippon India Nifty Auto ETF charges 0.24% a year and Nippon India Nifty Auto Index Fund 0.54% (Direct plans). Their portfolios overlap 100.0%: they hold 15 of the same securities.
Nippon India Nifty Auto ETF
- 1 year return
- −4.5%
- Expense ratio
- 0.24%
- NAV
- ₹263.08
Nippon India Nifty Auto Index Fund
- 1 year return
- −4.4%
- Expense ratio
- 0.54%
- NAV
- ₹10.91
Which is better, Nippon India Nifty Auto ETF or Nippon India Nifty Auto 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 Nifty Auto Index returned more over 1 year: −4.4% against −4.5%.
- Nippon India Nifty Auto ETF costs less: 0.24% a year against 0.54% (Direct plans).
- Nippon India Nifty Auto Index fell less in its worst fall since 09-12-2024: −17.6% against −17.7%.
- Nippon India Nifty Auto ETF is the larger fund: ₹452 Cr against ₹46 Cr.
- Their portfolios overlap 100.0%: 15 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 Nifty Auto ETF | Nippon India Nifty Auto Index Fund |
|---|---|---|
| Fund house | Nippon India Mutual Fund | Nippon India Mutual Fund |
| Category | Not available | Not available |
| AUM | ₹452 Cr (30-09-2026) | ₹46 Cr (30-09-2026) |
| NAV | ₹263.08 (Direct) | ₹10.91 (Direct) |
| Expense ratio (Direct) | 0.24% | 0.54% |
| Expense ratio (Regular) | Not available | 1.08% |
| 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 Nifty Auto ETF vs Nippon India Nifty Auto 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 Nifty Auto ETF (Direct) | −3.33% | −9.93% | −1.20% | −4.52% | +17.37% | -- | -- |
| Nippon India Nifty Auto Index Fund (Direct) | −3.33% | −9.97% | −1.14% | −4.37% | -- | -- | -- |
Nippon India Nifty Auto ETF vs Nippon India Nifty Auto Index: Year-wise Returns
| Year | ETFNippon India Nifty Auto ETF | IndexNippon India Nifty Auto Index | Nifty Auto TRI |
|---|---|---|---|
| 2026to date | −9.06% | −9.01% | −8.88% |
| 2025 | +24.19% | +23.99% | +24.59% |
| 2024 | +23.26% | -- | +23.58% |
| 2023 | +48.38% | -- | +48.75% |
Nippon India Nifty Auto ETF vs Nippon India Nifty Auto Index: Rolling Returns
Every holding period of both funds, against Nifty Auto TRI, the benchmark of both
Rolling returns
Every 1-year holding period, 220 of them, one for each trading day from 09-12-2025 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 Nifty Auto ETF (Direct)
Nippon India Nifty Auto Index Fund (Direct)
Nifty Auto TRI
to
Jan 2026Feb 2025
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Feb 2026Apr 2025
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Apr 2026Jun 2025
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Jun 2026Aug 2025
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Aug 2026Oct 2025
to
Oct 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 Nifty Auto ETF | 10.0 | 5.5 | 3.6 | 22.3 | 25.0 | 20.0 | 13.6 | 15.5% | 15.9% | −8.0% | 35.3% | 0% |
| Nippon India Nifty Auto Index | 10.0 | 5.5 | 3.7 | 21.9 | 25.6 | 19.6 | 13.7 | 15.5% | 16.0% | −7.8% | 35.0% | 1% |
| Nifty Auto TRI | 8.2 | 7.3 | 3.6 | 21.4 | 25.0 | 20.5 | 14.1 | 15.9% | 16.3% | −7.7% | 35.7% | -- |
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 Auto 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 09-12-2024. Past returns do not promise future returns.
Nippon India Nifty Auto ETF vs Nippon India Nifty Auto 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 02-12-2024 to 30-10-2026: 23 instalments, ₹2,30,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Nippon India Nifty Auto ETFNippon India Nifty Auto ETF (Direct) | ₹2,30,000 | ₹2,36,034 | ₹6,034 | 2.6% |
| Nippon India Nifty Auto IndexNippon India Nifty Auto Index Fund (Direct) | ₹2,30,000 | ₹2,35,731 | ₹5,731 | 2.5% |
Nippon India Nifty Auto ETFNippon India Nifty Auto ETF (Direct)
Nippon India Nifty Auto IndexNippon India Nifty Auto 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 Nifty Auto ETF vs Nippon India Nifty Auto Index: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Nippon India Nifty Auto ETF (Direct) | Nippon India Nifty Auto Index Fund (Direct) |
|---|---|---|
| Return (CAGR) | −4.52% | −4.37% |
| Standard deviation | 21.28% | 21.05% |
| Sharpe ratio | -0.46 | -0.46 |
| Sortino ratio | -0.63 | -0.63 |
| Maximum drawdown | −17.7% (31-03-2026) | −17.6% (30-03-2026) |
| Beta | 1.00 | 1.00 |
| Alpha | −0.29% | −0.15% |
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 Nifty Auto ETF (Direct) | Nippon India Nifty Auto Index Fund (Direct) |
|---|---|---|
| Return (CAGR) | +19.48% | +4.32% |
| Standard deviation | 18.92% | 20.00% |
| Sharpe ratio | 0.72 | -0.06 |
| Sortino ratio | 1.03 | -0.09 |
| Maximum drawdown | −28.3% (07-04-2025) | −17.6% (30-03-2026) |
| Beta | 1.00 | 1.00 |
| Alpha | −0.27% | −0.37% |
From daily NAVs, 24-01-2022 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 Nifty Auto ETF (Direct)
Nippon India Nifty Auto Index Fund (Direct)
Nifty Auto TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Nippon India Nifty Auto ETF (Direct) | −17.7% | 06-01-2026 | 31-03-2026 | 31-07-2026 | 4 months | −14.3% |
| Nippon India Nifty Auto Index Fund (Direct) | −17.6% | 06-01-2026 | 30-03-2026 | 31-07-2026 | 4 months | −14.3% |
| Nifty Auto TRI | −17.7% | 06-01-2026 | 30-03-2026 | 31-07-2026 | 4 months | −14.3% |
From daily values since 09-12-2024, 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 Nifty Auto ETF (Direct)
Nippon India Nifty Auto Index Fund (Direct)
Nifty Auto TRI
Against Nifty Auto TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| Nippon India Nifty Auto ETF (Direct) | 99% | 100% | 0.06% |
| Nippon India Nifty Auto Index Fund (Direct) | 99% | 100% | 0.18% |
From month-end values since 09-12-2024. 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 Nifty Auto ETF vs Nippon India Nifty Auto Index: Portfolio Overlap
From each fund's latest monthly portfolio: Nippon India Nifty Auto ETF, September 2026; Nippon India Nifty Auto Index Fund, September 2026
Holdings in common
- Overlap
- 100.0%
- Held by both
- 15
- Only in Nippon India Nifty Auto ETF
- 0
- Only in Nippon India Nifty Auto Index
- 0
| Security | % of Nippon India Nifty Auto ETF | % of Nippon India Nifty Auto Index |
|---|---|---|
| Mahindra & Mahindra Limited | 22.26% | 22.27% |
| Maruti Suzuki India Limited | 13.14% | 13.15% |
| Bajaj Auto Limited | 10.02% | 10.03% |
| Eicher Motors Limited | 8.33% | 8.34% |
| TVS Motor Company Limited | 8.14% | 8.15% |
| Samvardhana Motherson International Limited | 6.09% | 6.10% |
| Hero MotoCorp Limited | 5.75% | 5.75% |
| Tata Motors Passenger Vehicles Limited | 5.00% | 5.00% |
| Bharat Forge Limited | 4.52% | 4.52% |
| Ashok Leyland Limited | 3.73% | 3.73% |
| Bosch Limited | 3.45% | 3.46% |
| Sona BLW Precision Forgings Limited | 3.15% | 3.15% |
| Hyundai Motor India Ltd | 2.44% | 2.44% |
| Tube Investments of India Limited | 2.14% | 2.14% |
| UNO Minda Limited | 1.80% | 1.80% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 100.0% means 100.0% 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 Nifty Auto ETF
Every holding of this fund is also held by the other.
Largest holdings only in Nippon India Nifty Auto 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 Nifty Auto ETF | Nippon India Nifty Auto Index |
|---|---|---|
| Equity | 100.0% | 100.0% |
| Debt | 0.0% | 0.0% |
| Cash and others | 0.0% | -0.0% |
Market cap of stocks
| Market cap | Nippon India Nifty Auto ETF | Nippon India Nifty Auto Index |
|---|---|---|
| Large Cap | 75.4% | 75.5% |
| Mid Cap | 24.5% | 24.6% |
| 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 Nifty Auto ETF | Nippon India Nifty Auto Index |
|---|---|---|
| Automobiles | 75.1% | 75.1% |
| Auto Components | 21.1% | 21.2% |
| Agricultural, Commercial & Construction Vehicles | 3.7% | 3.7% |
The six largest sectors of each fund's stocks, % of the fund.
Nippon India Nifty Auto ETF vs Nippon India Nifty Auto Index: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Nippon India Nifty Auto ETF | Nippon India Nifty Auto Index Fund |
|---|---|---|
| Total expense ratio (Direct) | 0.24% | 0.54% |
| Base expense ratio (Direct) | 0.19% | 0.30% |
| Total expense ratio (Regular) | Not available | 1.08% |
| Base expense ratio (Regular) | 0.00% | 0.75% |
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 Nifty Auto ETF vs Nippon India Nifty Auto Index Fund: Frequently Asked Questions
What is the difference between Nippon India Nifty Auto ETF and Nippon India Nifty Auto Index Fund?
Nippon India Nifty Auto ETF is a mutual fund, Nippon India Nifty Auto Index Fund is a mutual fund, run by Nippon India Mutual Fund. Their portfolios overlap 100.0%. Nippon India Nifty Auto ETF charges 0.24% a year and Nippon India Nifty Auto Index Fund 0.54%.
Which has given higher returns, Nippon India Nifty Auto ETF or Nippon India Nifty Auto Index Fund?
Over 1 year: Nippon India Nifty Auto ETF −4.52%, Nippon India Nifty Auto Index Fund −4.37%. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, Nippon India Nifty Auto ETF or Nippon India Nifty Auto Index Fund?
Nippon India Nifty Auto ETF charges less: 0.24% a year against 0.54%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Nippon India Nifty Auto ETF and Nippon India Nifty Auto Index Fund overlap?
100.0%. They hold 15 of the same securities, the largest shared ones being M&M, MARUTI, BAJAJ-AUTO. From each fund's latest monthly portfolio.
Can I invest in both Nippon India Nifty Auto ETF and Nippon India Nifty Auto Index Fund?
Yes. 100.0% 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.