SBI Nifty200 Quality 30 Index Fund vs Tata Ethical Fund
Direct Plan, Growth option · Data as on 30-10-2026
SBI Nifty200 Quality 30 Index Fund is a mutual fund and Tata Ethical Fund is a Thematic fund. In the year to 30-10-2026, SBI Nifty200 Quality 30 Index Fund (Direct) returned −9.4% and Tata Ethical Fund (Direct) returned −8.6%. SBI Nifty200 Quality 30 Index Fund charges 0.42% a year and Tata Ethical Fund 0.84% (Direct plans). Their portfolios overlap 28.8%: they hold 12 of the same securities.
SBI Nifty200 Quality 30 Index Fund
- 1 year return
- −9.4%
- Expense ratio
- 0.42%
- NAV
- ₹9.37
Which is better, SBI Nifty200 Quality 30 Index or Tata Ethical? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Tata Ethical returned more over 1 year: −8.6% against −9.4%.
- SBI Nifty200 Quality 30 Index costs less: 0.42% a year against 0.84% (Direct plans).
- Tata Ethical fell less in its worst fall since 10-06-2025: −15.2% against −15.8%.
- SBI Nifty200 Quality 30 Index holds more in large companies: 72.9% of the fund in large caps against 52.7%.
- Tata Ethical is the larger fund: ₹3,619 Cr against ₹303 Cr.
- Their portfolios overlap 28.8%: 12 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 Nifty200 Quality 30 Index Fund | Tata Ethical Fund |
|---|---|---|
| Fund house | SBI Mutual Fund | Tata Mutual Fund |
| Category | Not available | Thematic |
| AUM | ₹303 Cr (30-09-2026) | ₹3,619 Cr (30-09-2026) |
| NAV | ₹9.37 (Direct) | ₹403.18 (Direct) |
| Expense ratio (Direct) | 0.42% | 0.84% |
| Expense ratio (Regular) | 0.84% | 1.97% |
| Riskometer | Not available | Very High |
| Benchmark | Not available | Nifty 500 Shariah TRI |
| Launch date | Not available | 05-08-1996 |
| Minimum investment | Not available | ₹5,000 |
| Lock in | Not available | None |
| Fund managers | Not available | Abhinav Sharma |
| Exit load | Not available | 0.50% of NAV if redeemed/switched out on or before 90 days from the date of allotment |
SBI Nifty200 Quality 30 Index vs Tata Ethical: 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 Nifty200 Quality 30 Index Fund (Direct) | +0.03% | −8.18% | −5.44% | −9.40% | -- | -- | -- |
| Tata Ethical Fund (Direct) | +1.66% | −5.67% | −2.80% | −8.64% | +5.40% | +6.37% | +11.26% |
| Thematic average | −2.09% | −4.52% | +0.86% | −1.22% | +13.76% | +11.62% | +13.76% |
Category average: the average of the 235 Thematic funds, same plan type.
SBI Nifty200 Quality 30 Index vs Tata Ethical: Year-wise Returns
| Year | SBI Nifty200 Quality 30 IndexSBI Nifty200 Quality 30 Index | Tata EthicalTata Ethical |
|---|---|---|
| 2026to date | −10.66% | −9.74% |
| 2025 | -- | −0.09% |
| 2024 | -- | +14.61% |
| 2023 | -- | +28.27% |
| 2022 | -- | −5.36% |
| 2021 | -- | +46.56% |
SBI Nifty200 Quality 30 Index vs Tata Ethical: Rolling Returns
Every holding period of both funds, against NIFTY200 Quality 30 TRI, the benchmark of SBI Nifty200 Quality 30 Index Fund
Rolling returns
Every 1-year holding period, 97 of them, one for each trading day from 10-06-2026 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 Nifty200 Quality 30 Index Fund (Direct)
Tata Ethical Fund (Direct)
NIFTY200 Quality 30 TRI
to
Jun 2026Jul 2025
to
Jul 2026Aug 2025
to
Aug 2026Sept 2025
to
Sept 2026Sept 2025
to
Sept 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 Nifty200 Quality 30 Index | 72.2 | 22.7 | 5.2 | 0.0 | 0.0 | 0.0 | 0.0 | −2.7% | −3.4% | −10.9% | 6.0% | 0% |
| Tata Ethical | 89.7 | 10.3 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | −5.4% | −5.9% | −10.6% | 1.9% | 4% |
| NIFTY200 Quality 30 TRI | 71.1 | 20.6 | 8.2 | 0.0 | 0.0 | 0.0 | 0.0 | −2.2% | −3.0% | −10.5% | 6.5% | -- |
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 NIFTY200 Quality 30 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 10-06-2025. Past returns do not promise future returns.
SBI Nifty200 Quality 30 Index vs Tata Ethical: 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 10-06-2025 to 30-10-2026: 17 instalments, ₹1,70,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| SBI Nifty200 Quality 30 IndexSBI Nifty200 Quality 30 Index Fund (Direct) | ₹1,70,000 | ₹1,59,443 | −₹10,557 | −8.3% |
| Tata EthicalTata Ethical Fund (Direct) | ₹1,70,000 | ₹1,61,264 | −₹8,736 | −6.9% |
SBI Nifty200 Quality 30 IndexSBI Nifty200 Quality 30 Index Fund (Direct)
Tata EthicalTata Ethical 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 Nifty200 Quality 30 Index vs Tata Ethical: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | SBI Nifty200 Quality 30 Index Fund (Direct) | Tata Ethical Fund (Direct) |
|---|---|---|
| Return (CAGR) | −9.40% | −8.64% |
| Standard deviation | 13.90% | 12.95% |
| Sharpe ratio | -1.05 | -1.07 |
| Sortino ratio | -1.37 | -1.41 |
| Maximum drawdown | −15.8% (31-03-2026) | −15.2% (31-03-2026) |
| Beta | 1.00 | 0.92 |
| Alpha | −0.42% | −2.61% |
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 Nifty200 Quality 30 Index Fund (Direct) | Tata Ethical Fund (Direct) |
|---|---|---|
| Return (CAGR) | −5.96% | +13.05% |
| Standard deviation | 12.88% | 13.15% |
| Sharpe ratio | -0.88 | 0.53 |
| Sortino ratio | -1.15 | 0.73 |
| Maximum drawdown | −15.8% (31-03-2026) | −29.5% (23-03-2020) |
| Beta | 1.00 | 0.87 |
| Alpha | −0.40% | +0.38% |
From daily NAVs, 10-06-2025 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.
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 Nifty200 Quality 30 Index Fund (Direct)
Tata Ethical Fund (Direct)
NIFTY200 Quality 30 TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| SBI Nifty200 Quality 30 Index Fund (Direct) | −15.8% | 07-01-2026 | 31-03-2026 | Not yet | -- | −11.8% |
| Tata Ethical Fund (Direct) | −15.2% | 07-01-2026 | 31-03-2026 | Not yet | -- | −11.3% |
| NIFTY200 Quality 30 TRI | −15.7% | 07-01-2026 | 30-03-2026 | Not yet | -- | −11.5% |
From daily values since 10-06-2025, 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 Nifty200 Quality 30 Index Fund (Direct)
Tata Ethical Fund (Direct)
NIFTY200 Quality 30 TRI
Against NIFTY200 Quality 30 TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| SBI Nifty200 Quality 30 Index Fund (Direct) | 99% | 101% | 0.04% |
| Tata Ethical Fund (Direct) | 78% | 87% | 4.56% |
From month-end values since 10-06-2025. 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 Nifty200 Quality 30 Index vs Tata Ethical: Portfolio Overlap
From each fund's latest monthly portfolio: SBI Nifty200 Quality 30 Index Fund, September 2026; Tata Ethical Fund, September 2026
Holdings in common
- Overlap
- 28.8%
- Held by both
- 12
- Only in SBI Nifty200 Quality 30 Index
- 18
- Only in Tata Ethical
- 42
| Security | % of SBI Nifty200 Quality 30 Index | % of Tata Ethical |
|---|---|---|
| Tata Consultancy Services Ltd. | 5.09% | 5.26% |
| Infosys Ltd. | 4.92% | 6.79% |
| HCL Technologies Ltd. | 4.66% | 3.17% |
| Hindustan Unilever Ltd. | 4.47% | 2.95% |
| LTM Ltd. | 2.29% | 2.12% |
| Britannia Industries Ltd. | 4.06% | 2.00% |
| Nestle India Ltd. | 4.96% | 1.92% |
| Cummins India Ltd. | 3.00% | 1.65% |
| Persistent Systems Ltd. | 2.98% | 1.63% |
| Colgate Palmolive (India) Ltd. | 3.61% | 1.15% |
| Asian Paints Ltd. | 3.48% | 1.14% |
| Dixon Technologies (India) Ltd. | 4.04% | 1.09% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 28.8% means 28.8% 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 Nifty200 Quality 30 Index Fund
| Security | % of fund |
|---|---|
| Bharat Electronics Ltd. | 4.90% |
| ITC Ltd. | 4.73% |
| Bajaj Auto Ltd. | 4.37% |
| Coal India Ltd. | 4.22% |
| Hindustan Aeronautics Ltd. | 3.76% |
Largest holdings only in Tata Ethical Fund
| Security | % of fund |
|---|---|
| TECH MAHINDRA LTD | 3.73% |
| DR REDDYS LABORATORIES LTD | 3.37% |
| BHARAT HEAVY ELECTRICALS LTD | 2.93% |
| JINDAL STEEL LTD | 2.82% |
| SRF LTD | 2.49% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | SBI Nifty200 Quality 30 Index | Tata Ethical |
|---|---|---|
| Equity | 100.1% | 93.5% |
| Debt | 0.0% | 0.0% |
| Cash and others | -0.1% | 6.5% |
Market cap of stocks
| Market cap | SBI Nifty200 Quality 30 Index | Tata Ethical |
|---|---|---|
| Large Cap | 72.9% | 52.7% |
| Mid Cap | 25.0% | 27.2% |
| Small Cap | 2.2% | 13.6% |
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 Nifty200 Quality 30 Index | Tata Ethical |
|---|---|---|
| IT - Software | 24.3% | 25.7% |
| Auto Components | 0.0% | 12.0% |
| Pharmaceuticals & Biotechnology | 0.0% | 11.9% |
| Diversified FMCG | 9.2% | 3.0% |
| Consumer Durables | 9.2% | 3.9% |
| Food Products | 9.0% | 3.9% |
| Aerospace & Defense | 8.7% | 0.0% |
| Automobiles | 7.8% | 0.7% |
| Chemicals & Petrochemicals | 5.7% | 5.3% |
The six largest sectors of each fund's stocks, % of the fund.
SBI Nifty200 Quality 30 Index vs Tata Ethical: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | SBI Nifty200 Quality 30 Index Fund | Tata Ethical Fund |
|---|---|---|
| Total expense ratio (Direct) | 0.42% | 0.84% |
| Base expense ratio (Direct) | 0.29% | 0.61% |
| Total expense ratio (Regular) | 0.84% | 1.97% |
| Base expense ratio (Regular) | 0.65% | 1.63% |
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
SBI Nifty200 Quality 30 Index Fund vs Tata Ethical Fund: Frequently Asked Questions
What is the difference between SBI Nifty200 Quality 30 Index Fund and Tata Ethical Fund?
SBI Nifty200 Quality 30 Index Fund is a mutual fund, Tata Ethical Fund is a Thematic fund, run by SBI Mutual Fund and Tata Mutual Fund. Their portfolios overlap 28.8%. SBI Nifty200 Quality 30 Index Fund charges 0.42% a year and Tata Ethical Fund 0.84%.
Which has given higher returns, SBI Nifty200 Quality 30 Index Fund or Tata Ethical Fund?
Over 1 year: SBI Nifty200 Quality 30 Index Fund −9.40%, Tata Ethical Fund −8.64%. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, SBI Nifty200 Quality 30 Index Fund or Tata Ethical Fund?
SBI Nifty200 Quality 30 Index Fund charges less: 0.42% a year against 0.84%. These are the Direct plans' total expense ratios reported to AMFI.
How much do SBI Nifty200 Quality 30 Index Fund and Tata Ethical Fund overlap?
28.8%. They hold 12 of the same securities, the largest shared ones being TCS, INFY, HCLTECH. From each fund's latest monthly portfolio.
Can I invest in both SBI Nifty200 Quality 30 Index Fund and Tata Ethical Fund?
Yes. 28.8% 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.