SBI Nifty Consumption ETF vs SBI Nifty India Consumption Index Fund
Direct Plan where a fund has one, Growth option · Data as on 30-10-2026
SBI Nifty Consumption ETF is a mutual fund and SBI Nifty India Consumption Index Fund is a mutual fund. In the year to 30-10-2026, SBI Nifty Consumption ETF (Regular) returned −10.8% and SBI Nifty India Consumption Index Fund (Direct) returned −11.0%. SBI Nifty Consumption ETF charges 0.32% a year and SBI Nifty India Consumption Index Fund 0.45%. Their portfolios overlap 100.0%: they hold 30 of the same securities.
SBI Nifty Consumption ETF
- 1 year return
- −10.8%
- Expense ratio
- 0.32%
- NAV
- ₹114.62
SBI Nifty India Consumption Index Fund
- 1 year return
- −11.0%
- Expense ratio
- 0.45%
- NAV
- ₹9.68
Which is better, SBI Nifty Consumption ETF or SBI Nifty India Consumption Index? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- SBI Nifty Consumption ETF returned more over 1 year: −10.8% against −11.0%.
- SBI Nifty Consumption ETF costs less: 0.32% a year against 0.45%.
- SBI Nifty Consumption ETF fell less in its worst fall since 06-11-2024: −18.2% against −18.3%.
- SBI Nifty India Consumption Index is the larger fund: ₹239 Cr against ₹20 Cr.
- Their portfolios overlap 100.0%: 30 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 Consumption ETF | SBI Nifty India Consumption Index Fund |
|---|---|---|
| Fund house | SBI Mutual Fund | SBI Mutual Fund |
| Category | Not available | Not available |
| AUM | ₹20 Cr (30-09-2026) | ₹239 Cr (30-09-2026) |
| NAV | ₹114.62 (Regular) | ₹9.68 (Direct) |
| Expense ratio (Direct) | Not available | 0.45% |
| Expense ratio (Regular) | 0.32% | 0.92% |
| 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 |
SBI Nifty Consumption ETF vs SBI Nifty India Consumption 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 |
|---|---|---|---|---|---|---|---|
| SBI Nifty Consumption ETF (Regular) | +0.14% | −8.17% | −2.39% | −10.83% | +10.68% | +10.21% | -- |
| SBI Nifty India Consumption Index Fund (Direct) | +0.14% | −8.21% | −2.49% | −11.01% | -- | -- | -- |
SBI Nifty Consumption ETF vs SBI Nifty India Consumption Index: Year-wise Returns
| Year | Consumption ETFSBI Nifty Consumption ETF | India Consumption IndexSBI Nifty India Consumption Index | Nifty India Consumption TRI |
|---|---|---|---|
| 2026to date | −9.31% | −9.46% | −9.10% |
| 2025 | +8.89% | +8.78% | +9.22% |
| 2024 | +19.36% | -- | +19.77% |
| 2023 | +27.51% | -- | +27.96% |
| 2022 | +8.09% | -- | +8.53% |
SBI Nifty Consumption ETF vs SBI Nifty India Consumption Index: Rolling Returns
Every holding period of both funds, against Nifty India Consumption TRI, the benchmark of both
Rolling returns
Every 1-year holding period, 247 of them, one for each trading day from 06-11-2025 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.
SBI Nifty Consumption ETF (Regular)
SBI Nifty India Consumption Index Fund (Direct)
Nifty India Consumption TRI
to
Dec 2025Feb 2025
to
Feb 2026Apr 2025
to
Apr 2026Jun 2025
to
Jun 2026Aug 2025
to
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| SBI Nifty Consumption ETF | 39.3 | 25.1 | 23.9 | 11.7 | 0.0 | 0.0 | 0.0 | 2.0% | 2.2% | −14.5% | 14.2% | 0% |
| SBI Nifty India Consumption Index | 39.8 | 24.8 | 24.4 | 11.0 | 0.0 | 0.0 | 0.0 | 1.9% | 2.1% | −14.7% | 14.1% | 0% |
| Nifty India Consumption TRI | 35.2 | 28.7 | 22.3 | 13.8 | 0.0 | 0.0 | 0.0 | 2.3% | 2.5% | −14.2% | 14.5% | -- |
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 India Consumption 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 06-11-2024. Past returns do not promise future returns.
SBI Nifty Consumption ETF vs SBI Nifty India Consumption 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 04-11-2024 to 30-10-2026: 24 instalments, ₹2,40,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| SBI Nifty Consumption ETFSBI Nifty Consumption ETF (Regular) | ₹2,40,000 | ₹2,32,866 | −₹7,134 | −2.9% |
| SBI Nifty India Consumption IndexSBI Nifty India Consumption Index Fund (Direct) | ₹2,40,000 | ₹2,32,253 | −₹7,747 | −3.1% |
SBI Nifty Consumption ETFSBI Nifty Consumption ETF (Regular)
SBI Nifty India Consumption IndexSBI Nifty India Consumption 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.
SBI Nifty Consumption ETF vs SBI Nifty India Consumption Index: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | SBI Nifty Consumption ETF (Regular) | SBI Nifty India Consumption Index Fund (Direct) |
|---|---|---|
| Return (CAGR) | −10.83% | −11.01% |
| Standard deviation | 15.10% | 14.98% |
| Sharpe ratio | -1.06 | -1.08 |
| Sortino ratio | -1.39 | -1.42 |
| Maximum drawdown | −17.3% (31-03-2026) | −17.4% (31-03-2026) |
| Beta | 1.00 | 1.00 |
| Alpha | −0.26% | −0.43% |
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 Consumption ETF (Regular) | SBI Nifty India Consumption Index Fund (Direct) |
|---|---|---|
| Return (CAGR) | +11.70% | −1.69% |
| Standard deviation | 13.88% | 14.51% |
| Sharpe ratio | 0.43 | -0.51 |
| Sortino ratio | 0.61 | -0.69 |
| Maximum drawdown | −22.0% (04-03-2025) | −18.3% (31-03-2026) |
| Beta | 1.00 | 1.00 |
| Alpha | −0.37% | −0.42% |
From daily NAVs, 28-07-2021 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.
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 Consumption ETF (Regular)
SBI Nifty India Consumption Index Fund (Direct)
Nifty India Consumption TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| SBI Nifty Consumption ETF (Regular) | −18.2% | 20-10-2025 | 31-03-2026 | Not yet | -- | −11.8% |
| SBI Nifty India Consumption Index Fund (Direct) | −18.3% | 20-10-2025 | 31-03-2026 | Not yet | -- | −12.0% |
| Nifty India Consumption TRI | −18.1% | 20-10-2025 | 30-03-2026 | Not yet | -- | −11.6% |
From daily values since 06-11-2024, 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.
SBI Nifty Consumption ETF (Regular)
SBI Nifty India Consumption Index Fund (Direct)
Nifty India Consumption TRI
Against Nifty India Consumption TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| SBI Nifty Consumption ETF (Regular) | 99% | 101% | 0.03% |
| SBI Nifty India Consumption Index Fund (Direct) | 99% | 101% | 0.03% |
From month-end values since 06-11-2024. 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.
SBI Nifty Consumption ETF vs SBI Nifty India Consumption Index: Portfolio Overlap
From each fund's latest monthly portfolio: SBI Nifty Consumption ETF, September 2026; SBI Nifty India Consumption Index Fund, September 2026
Holdings in common
- Overlap
- 100.0%
- Held by both
- 30
- Only in SBI Nifty Consumption ETF
- 0
- Only in SBI Nifty India Consumption Index
- 0
| Security | % of SBI Nifty Consumption ETF | % of SBI Nifty India Consumption Index |
|---|---|---|
| Bharti Airtel Ltd. | 10.14% | 10.14% |
| Mahindra & Mahindra Ltd. | 8.19% | 8.19% |
| ITC Ltd. | 7.87% | 7.87% |
| Eternal Ltd. | 7.21% | 7.21% |
| Titan Company Ltd. | 5.89% | 5.89% |
| Hindustan Unilever Ltd. | 5.18% | 5.18% |
| Maruti Suzuki India Ltd. | 4.83% | 4.84% |
| Bajaj Auto Ltd. | 3.69% | 3.69% |
| Interglobe Aviation Ltd. | 3.51% | 3.51% |
| Asian Paints Ltd. | 3.37% | 3.37% |
| Eicher Motors Ltd. | 3.06% | 3.07% |
| TVS Motor Company Ltd. | 3.00% | 3.00% |
| Nestle India Ltd. | 2.92% | 2.92% |
| Trent Ltd. | 2.71% | 2.71% |
| Apollo Hospitals Enterprise Ltd. | 2.61% | 2.61% |
| Torrent Pharmaceuticals Ltd. | 2.19% | 2.20% |
| Max Healthcare Institute Ltd. | 2.15% | 2.15% |
| Hero MotoCorp Ltd. | 2.11% | 2.11% |
| The Indian Hotels Company Ltd. | 1.99% | 1.99% |
| Tata Consumer Products Ltd. | 1.92% | 1.92% |
| Avenue Supermarts Ltd. | 1.91% | 1.91% |
| Tata Power Company Ltd. | 1.87% | 1.87% |
| Varun Beverages Ltd. | 1.84% | 1.84% |
| Britannia Industries Ltd. | 1.77% | 1.77% |
| Dixon Technologies (India) Ltd. | 1.69% | 1.70% |
| Info Edge (India) Ltd. | 1.47% | 1.47% |
| DLF Ltd. | 1.34% | 1.34% |
| Fortis Healthcare Ltd. | 1.25% | 1.25% |
| United Spirits Ltd. | 1.24% | 1.24% |
| Godrej Consumer Products Ltd. | 1.06% | 1.06% |
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 Consumption ETF
Every holding of this fund is also held by the other.
Largest holdings only in SBI Nifty India Consumption 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 | SBI Nifty Consumption ETF | SBI Nifty India Consumption Index |
|---|---|---|
| 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 Consumption ETF | SBI Nifty India Consumption Index |
|---|---|---|
| Large Cap | 88.1% | 88.1% |
| Mid Cap | 11.9% | 11.9% |
| 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 Consumption ETF | SBI Nifty India Consumption Index |
|---|---|---|
| Automobiles | 24.9% | 24.9% |
| Retailing | 13.3% | 13.3% |
| Diversified FMCG | 13.1% | 13.1% |
| Consumer Durables | 10.9% | 11.0% |
| Telecom - Services | 10.1% | 10.1% |
| Healthcare Services | 6.0% | 6.0% |
The six largest sectors of each fund's stocks, % of the fund.
SBI Nifty Consumption ETF vs SBI Nifty India Consumption Index: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | SBI Nifty Consumption ETF | SBI Nifty India Consumption Index Fund |
|---|---|---|
| Total expense ratio (Direct) | Not available | 0.45% |
| Base expense ratio (Direct) | 0.00% | 0.34% |
| Total expense ratio (Regular) | 0.32% | 0.92% |
| Base expense ratio (Regular) | 0.25% | 0.74% |
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 Consumption ETF vs SBI Nifty India Consumption Index Fund: Frequently Asked Questions
What is the difference between SBI Nifty Consumption ETF and SBI Nifty India Consumption Index Fund?
SBI Nifty Consumption ETF is a mutual fund, SBI Nifty India Consumption Index Fund is a mutual fund, run by SBI Mutual Fund. Their portfolios overlap 100.0%. SBI Nifty Consumption ETF charges 0.32% a year and SBI Nifty India Consumption Index Fund 0.45%.
Which has given higher returns, SBI Nifty Consumption ETF or SBI Nifty India Consumption Index Fund?
Over 1 year: SBI Nifty Consumption ETF −10.83%, SBI Nifty India Consumption Index Fund −11.01%. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, SBI Nifty Consumption ETF or SBI Nifty India Consumption Index Fund?
SBI Nifty Consumption ETF charges less: 0.32% a year against 0.45%. These are the total expense ratios reported to AMFI.
How much do SBI Nifty Consumption ETF and SBI Nifty India Consumption Index Fund overlap?
100.0%. They hold 30 of the same securities, the largest shared ones being BHARTIARTL, M&M, ITC. From each fund's latest monthly portfolio.
Can I invest in both SBI Nifty Consumption ETF and SBI Nifty India Consumption 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.