SBI Nifty 50 ETF vs UTI Nifty 50 ETF
Direct Plan where a fund has one, Growth option · Data as on 30-10-2026
SBI Nifty 50 ETF is a mutual fund and UTI Nifty 50 ETF is an ETF fund. In the 3 years to 30-10-2026, SBI Nifty 50 ETF (Regular) returned 7.6% a year and UTI Nifty 50 ETF (Direct) returned 7.6% a year. Their portfolios overlap 100.0%: they hold 50 of the same securities.
Which is better, SBI Nifty 50 ETF or UTI Nifty 50 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 50 ETF returned more over 5 years: 6.6% a year against 6.6%.
- UTI Nifty 50 ETF returned more over 3 years: 7.6% a year against 7.6%.
- UTI Nifty 50 ETF swung less over 3 years: a standard deviation of 13.2% a year against 13.2%.
- SBI Nifty 50 ETF fell less in its worst fall since 02-09-2015: −38.4% against −38.4%.
- SBI Nifty 50 ETF is the larger fund: ₹2,03,017 Cr against ₹69,624 Cr.
- Their portfolios overlap 100.0%: 50 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 | SBI Nifty 50 ETF | UTI Nifty 50 ETF |
|---|---|---|
| Fund house | SBI Mutual Fund | UTI Mutual Fund |
| Category | Not available | ETF |
| AUM | ₹2,03,017 Cr (30-09-2026) | ₹69,624 Cr (30-09-2026) |
| NAV | ₹248.58 (Regular) | ₹255.98 (Direct) |
| Expense ratio (Direct) | Not available | 0.00% |
| Expense ratio (Regular) | 0.05% | Not available |
| Riskometer | Not available | Very High |
| Benchmark | Not available | Nifty 50 TRI |
| Launch date | Not available | 01-09-2015 |
| Minimum investment | Not available | On Exchange: Minimum 1 unit from the exchange.Directly with AMC: In multiples of unit creation size |
| 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 | Not available |
SBI Nifty 50 ETF vs UTI Nifty 50 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 |
|---|---|---|---|---|---|---|---|
| SBI Nifty 50 ETF (Regular) | +1.95% | −5.02% | −3.15% | −10.03% | +7.56% | +6.63% | +10.99% |
| UTI Nifty 50 ETF (Direct) | +1.95% | −5.02% | −3.15% | −10.01% | +7.57% | +6.64% | +11.28% |
SBI Nifty 50 ETF vs UTI Nifty 50 ETF: Year-wise Returns
| Year | SBISBI Nifty 50 ETF | UTIUTI Nifty 50 ETF | Nifty 50 TRI |
|---|---|---|---|
| 2026to date | −10.94% | −10.93% | −10.91% |
| 2025 | +11.83% | +11.86% | +11.88% |
| 2024 | +9.99% | +9.99% | +10.09% |
| 2023 | +21.25% | +21.25% | +21.30% |
| 2022 | +5.61% | +5.62% | +5.69% |
| 2021 | +22.24% | +22.32% | +25.59% |
SBI Nifty 50 ETF vs UTI Nifty 50 ETF: Rolling Returns
Every holding period of both funds, against Nifty 50 TRI, the benchmark of both
Rolling returns
Every 3-year holding period, 2,020 of them, one for each trading day from 03-09-2018 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.
SBI Nifty 50 ETF (Regular)
UTI Nifty 50 ETF (Direct)
Nifty 50 TRI
to
Apr 2019Sept 2017
to
Sept 2020Feb 2019
to
Feb 2022Jun 2020
to
Jun 2023Nov 2021
to
Nov 2024Mar 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 | Beat benchmark |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| SBI Nifty 50 ETF | 1.2 | 4.3 | 13.8 | 48.8 | 24.9 | 5.3 | 1.7 | 13.3% | 13.7% | −5.0% | 31.1% | 0% |
| UTI Nifty 50 ETF | 0.9 | 4.1 | 12.7 | 45.9 | 29.3 | 5.3 | 1.8 | 13.5% | 13.9% | −4.6% | 31.1% | 6% |
| Nifty 50 TRI | 0.9 | 3.7 | 12.7 | 40.4 | 33.4 | 6.4 | 2.4 | 14.0% | 14.4% | −4.5% | 32.4% | -- |
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 50 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 02-09-2015. Past returns do not promise future returns.
SBI Nifty 50 ETF vs UTI Nifty 50 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 01-09-2015 to 30-10-2026: 134 instalments, ₹13,40,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| SBI Nifty 50 ETFSBI Nifty 50 ETF (Regular) | ₹13,40,000 | ₹24,38,807 | ₹10,98,807 | 10.3% |
| UTI Nifty 50 ETFUTI Nifty 50 ETF (Direct) | ₹13,40,000 | ₹24,60,247 | ₹11,20,247 | 10.4% |
SBI Nifty 50 ETFSBI Nifty 50 ETF (Regular)
UTI Nifty 50 ETFUTI Nifty 50 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.
SBI Nifty 50 ETF vs UTI Nifty 50 ETF: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | SBI Nifty 50 ETF (Regular) | UTI Nifty 50 ETF (Direct) |
|---|---|---|
| Return (CAGR) | −10.03% | −10.01% |
| Standard deviation | 13.76% | 13.76% |
| Sharpe ratio | -1.11 | -1.11 |
| Sortino ratio | -1.48 | -1.48 |
| Maximum drawdown | −15.1% (31-03-2026) | −15.1% (30-03-2026) |
| Beta | 1.00 | 1.00 |
| Alpha | −0.05% | −0.02% |
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 | SBI Nifty 50 ETF (Regular) | UTI Nifty 50 ETF (Direct) |
|---|---|---|
| Return (CAGR) | +7.56% | +7.57% |
| Standard deviation | 13.24% | 13.24% |
| Sharpe ratio | 0.12 | 0.12 |
| Sortino ratio | 0.16 | 0.16 |
| Maximum drawdown | −15.4% (04-03-2025) | −15.4% (04-03-2025) |
| Beta | 1.00 | 1.00 |
| Alpha | −0.07% | −0.05% |
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 | SBI Nifty 50 ETF (Regular) | UTI Nifty 50 ETF (Direct) |
|---|---|---|
| Return (CAGR) | +6.63% | +6.64% |
| Standard deviation | 13.71% | 13.71% |
| Sharpe ratio | 0.06 | 0.06 |
| Sortino ratio | 0.08 | 0.08 |
| Maximum drawdown | −15.8% (17-06-2022) | −15.8% (17-06-2022) |
| Beta | 1.00 | 1.00 |
| Alpha | −0.06% | −0.06% |
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 | SBI Nifty 50 ETF (Regular) | UTI Nifty 50 ETF (Direct) |
|---|---|---|
| Return (CAGR) | +9.89% | +11.34% |
| Standard deviation | 16.04% | 15.87% |
| Sharpe ratio | 0.27 | 0.37 |
| Sortino ratio | 0.37 | 0.50 |
| Maximum drawdown | −38.4% (23-03-2020) | −38.4% (23-03-2020) |
| Beta | 1.00 | 1.00 |
| Alpha | −0.59% | −0.29% |
From daily NAVs, 23-07-2015 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.
SBI Nifty 50 ETF (Regular)
UTI Nifty 50 ETF (Direct)
Nifty 50 TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| SBI Nifty 50 ETF (Regular) | −38.4% | 14-01-2020 | 23-03-2020 | 09-11-2020 | 8 months | −11.6% |
| UTI Nifty 50 ETF (Direct) | −38.4% | 14-01-2020 | 23-03-2020 | 09-11-2020 | 8 months | −11.6% |
| Nifty 50 TRI | −38.3% | 14-01-2020 | 23-03-2020 | 06-11-2020 | 7 months | −11.6% |
From daily values since 02-09-2015, 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.
SBI Nifty 50 ETF (Regular)
UTI Nifty 50 ETF (Direct)
Nifty 50 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.
SBI Nifty 50 ETF (Regular)
UTI Nifty 50 ETF (Direct)
Nifty 50 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.
SBI Nifty 50 ETF (Regular)
UTI Nifty 50 ETF (Direct)
Nifty 50 TRI
Against Nifty 50 TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| SBI Nifty 50 ETF (Regular) | 98% | 101% | 0.80% |
| UTI Nifty 50 ETF (Direct) | 99% | 100% | 0.82% |
From month-end values since 02-09-2015. 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.
SBI Nifty 50 ETF vs UTI Nifty 50 ETF: Portfolio Overlap
From each fund's latest monthly portfolio: SBI Nifty 50 ETF, September 2026; UTI Nifty 50 ETF, September 2026
Holdings in common
- Overlap
- 100.0%
- Held by both
- 50
- Only in SBI Nifty 50 ETF
- 0
- Only in UTI Nifty 50 ETF
- 0
| Security | % of SBI Nifty 50 ETF | % of UTI Nifty 50 ETF |
|---|---|---|
| HDFC Bank Ltd. | 10.38% | 10.38% |
| ICICI Bank Ltd. | 9.05% | 9.05% |
| Reliance Industries Ltd. | 7.58% | 7.58% |
| Bharti Airtel Ltd. | 5.10% | 5.10% |
| Larsen & Toubro Ltd. | 4.20% | 4.20% |
| State Bank of India | 3.79% | 3.79% |
| Axis Bank Ltd. | 3.37% | 3.37% |
| Infosys Ltd. | 3.35% | 3.35% |
| Kotak Mahindra Bank Ltd. | 2.93% | 2.93% |
| Mahindra & Mahindra Ltd. | 2.52% | 2.52% |
| Bajaj Finance Ltd. | 2.50% | 2.50% |
| ITC Ltd. | 2.42% | 2.42% |
| Eternal Ltd. | 2.22% | 2.22% |
| Tata Consultancy Services Ltd. | 2.00% | 2.00% |
| Sun Pharmaceutical Industries Ltd. | 1.84% | 1.84% |
| Titan Company Ltd. | 1.81% | 1.81% |
| Hindustan Unilever Ltd. | 1.59% | 1.59% |
| Maruti Suzuki India Ltd. | 1.49% | 1.49% |
| NTPC Ltd. | 1.47% | 1.47% |
| Tata Steel Ltd. | 1.46% | 1.46% |
| Adani Ports and Special Economic Zone Ltd. | 1.35% | 1.35% |
| Bharat Electronics Ltd. | 1.33% | 1.33% |
| Shriram Finance Ltd. | 1.32% | 1.32% |
| Hindalco Industries Ltd. | 1.30% | 1.30% |
| HCL Technologies Ltd. | 1.24% | 1.24% |
| Ultratech Cement Ltd. | 1.24% | 1.24% |
| BSE Ltd. | 1.21% | 1.21% |
| JSW Steel Ltd. | 1.15% | 1.15% |
| Bajaj Auto Ltd. | 1.13% | 1.13% |
| Power Grid Corporation of India Ltd. | 1.13% | 1.13% |
| Grasim Industries Ltd. | 1.10% | 1.10% |
| Interglobe Aviation Ltd. | 1.08% | 1.08% |
| Asian Paints Ltd. | 1.04% | 1.04% |
| Coal India Ltd. | 0.97% | 0.97% |
| Bajaj Finserv Ltd. | 0.96% | 0.96% |
| Adani Enterprises Ltd. | 0.94% | 0.94% |
| Eicher Motors Ltd. | 0.94% | 0.94% |
| Tech Mahindra Ltd. | 0.92% | 0.92% |
| Nestle India Ltd. | 0.90% | 0.90% |
| Oil & Natural Gas Corporation Ltd. | 0.84% | 0.84% |
| Trent Ltd. | 0.83% | 0.83% |
| Apollo Hospitals Enterprise Ltd. | 0.80% | 0.80% |
| SBI Life Insurance Co. Ltd. | 0.73% | 0.73% |
| Dr. Reddy's Laboratories Ltd. | 0.72% | 0.72% |
| Cipla Ltd. | 0.72% | 0.72% |
| Jio Financial Services Ltd. | 0.68% | 0.68% |
| Max Healthcare Institute Ltd. | 0.66% | 0.66% |
| Tata Consumer Products Ltd. | 0.59% | 0.59% |
| Tata Motors Passenger Vehicles Ltd. | 0.57% | 0.57% |
| HDFC Life Insurance Company Ltd. | 0.54% | 0.54% |
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 SBI Nifty 50 ETF
Every holding of this fund is also held by the other.
Largest holdings only in UTI Nifty 50 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 | SBI Nifty 50 ETF | UTI Nifty 50 ETF |
|---|---|---|
| Equity | 100.0% | 100.0% |
| Debt | 0.0% | 0.0% |
| Cash and others | 0.0% | 0.0% |
Market cap of stocks
| Market cap | SBI Nifty 50 ETF | UTI Nifty 50 ETF |
|---|---|---|
| Large Cap | 98.6% | 98.6% |
| Mid Cap | 1.4% | 1.4% |
| 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 | SBI Nifty 50 ETF | UTI Nifty 50 ETF |
|---|---|---|
| Banks | 29.5% | 29.5% |
| Petroleum Products | 7.6% | 7.6% |
| IT - Software | 7.5% | 7.5% |
| Automobiles | 6.7% | 6.7% |
| Finance | 5.5% | 5.5% |
| Telecom - Services | 5.1% | 5.1% |
The six largest sectors of each fund's stocks, % of the fund.
SBI Nifty 50 ETF vs UTI Nifty 50 ETF: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | SBI Nifty 50 ETF | UTI Nifty 50 ETF |
|---|---|---|
| Total expense ratio (Direct) | Not available | 0.00% |
| Base expense ratio (Direct) | 0.00% | 0.00% |
| Total expense ratio (Regular) | 0.05% | Not available |
| Base expense ratio (Regular) | 0.04% | 0.04% |
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.
SBI Nifty 50 ETF vs UTI Nifty 50 ETF: Frequently Asked Questions
What is the difference between SBI Nifty 50 ETF and UTI Nifty 50 ETF?
SBI Nifty 50 ETF is a mutual fund, UTI Nifty 50 ETF is an ETF fund, run by SBI Mutual Fund and UTI Mutual Fund. Their portfolios overlap 100.0%.
Which has given higher returns, SBI Nifty 50 ETF or UTI Nifty 50 ETF?
Over 1 year: SBI Nifty 50 ETF −10.03%, UTI Nifty 50 ETF −10.01%. Over 3 years: SBI Nifty 50 ETF +7.56% a year, UTI Nifty 50 ETF +7.57% a year. Over 5 years: SBI Nifty 50 ETF +6.63% a year, UTI Nifty 50 ETF +6.64% a year. As on 30-10-2026. Past returns do not promise future returns.
How much do SBI Nifty 50 ETF and UTI Nifty 50 ETF overlap?
100.0%. They hold 50 of the same securities, the largest shared ones being HDFCBANK, ICICIBANK, RELIANCE. From each fund's latest monthly portfolio.
Which is better for SIP, SBI Nifty 50 ETF or UTI Nifty 50 ETF?
Over the last 5 years, a monthly SIP of ₹10,000 from 01-10-2021 to 30-10-2026 grew to ₹6,96,319 in SBI Nifty 50 ETF (XIRR 5.2% a year) and ₹6,96,542 in UTI Nifty 50 ETF (XIRR 5.2% a year). Both received 61 instalments. Past returns do not promise future returns.
Can I invest in both SBI Nifty 50 ETF and UTI Nifty 50 ETF?
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.