Shriram Multi Sector Rotation Fund vs Zerodha BSE SENSEX Index Fund
Direct Plan, Growth option · Data as on 30-10-2026
Shriram Multi Sector Rotation Fund is a Thematic fund and Zerodha BSE SENSEX Index Fund is an Index fund. Shriram Multi Sector Rotation Fund charges 0.98% a year and Zerodha BSE SENSEX Index Fund 0.47% (Direct plans). Their portfolios overlap 38.3%: they hold 14 of the same securities.
Shriram Multi Sector Rotation Fund
Thematic
- Expense ratio
- 0.98%
- NAV
- ₹7.85
Which is better, Shriram Multi Sector Rotation or Zerodha BSE SENSEX Index? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Zerodha BSE SENSEX Index costs less: 0.47% a year against 0.98% (Direct plans).
- Shriram Multi Sector Rotation fell less in its worst fall since 10-11-2025: −15.7% against −16.1%.
- Zerodha BSE SENSEX Index holds more in large companies: 100.1% of the fund in large caps against 58.5%.
- Shriram Multi Sector Rotation is the larger fund: ₹148 Cr against ₹19 Cr.
- Their portfolios overlap 38.3%: 14 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 | Shriram Multi Sector Rotation Fund | Zerodha BSE SENSEX Index Fund |
|---|---|---|
| Fund house | Shriram Mutual Fund | Zerodha Mutual Fund |
| Category | Thematic | Index |
| AUM | ₹148 Cr (30-09-2026) | ₹19 Cr (30-09-2026) |
| NAV | ₹7.85 (Direct) | ₹8.99 (Direct) |
| Expense ratio (Direct) | 0.98% | 0.47% |
| Expense ratio (Regular) | 2.71% | Not available |
| Riskometer | Very High | Very High |
| Benchmark | Nifty 500 TRI | BSE SENSEX TRI |
| Launch date | 09-12-2024 | 06-11-2025 |
| Minimum investment | ₹500 | ₹100 |
| Lock in | None | None |
| Fund managers | Hitesh Savanth, Prateek Nigudkar | Kedarnath Mirajkar |
| Exit load | • 1% of the applicable NAV, if redeemed within 3 months from the date of allotment. • Nil if redeemed after 3 months from the date of allotment | Nil |
Shriram Multi Sector Rotation vs Zerodha BSE SENSEX 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 |
|---|---|---|---|---|---|---|---|
| Shriram Multi Sector Rotation Fund (Direct) | −0.34% | −6.60% | +0.66% | −3.64% | -- | -- | -- |
| Zerodha BSE SENSEX Index Fund (Direct) | +2.75% | −4.37% | −2.58% | -- | -- | -- | -- |
| Thematic average | −2.09% | −4.52% | +0.86% | −1.22% | -- | -- | -- |
Category average: the average of the 235 Thematic funds, same plan type.
Shriram Multi Sector Rotation vs Zerodha BSE SENSEX Index: Year-wise Returns
| Year | Shriram Multi Sector RotationShriram Multi Sector Rotation | Zerodha BSE SENSEX IndexZerodha BSE SENSEX Index |
|---|---|---|
| 2026to date | −4.94% | −12.06% |
| 2025 | −17.99% | -- |
Shriram Multi Sector Rotation vs Zerodha BSE SENSEX Index: Rolling Returns
Every holding period of both funds, against Nifty 500 TRI, the benchmark of Shriram Multi Sector Rotation Fund
Shriram Multi Sector Rotation vs Zerodha BSE SENSEX Index: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Shriram Multi Sector Rotation Fund (Direct) | Zerodha BSE SENSEX Index Fund (Direct) |
|---|---|---|
| Return (CAGR) | −12.07% | −10.70% |
| Standard deviation | 16.03% | 14.00% |
| Sharpe ratio | -1.10 | -1.14 |
| Sortino ratio | -1.40 | -1.53 |
| Maximum drawdown | −29.6% (31-03-2026) | −16.1% (30-03-2026) |
| Beta | 1.00 | 1.00 |
| Alpha | −9.60% | −0.40% |
From daily NAVs, 13-12-2024 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.
Shriram Multi Sector Rotation Fund (Direct)
Zerodha BSE SENSEX Index Fund (Direct)
Nifty 500 TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Shriram Multi Sector Rotation Fund (Direct) | −15.7% | 05-01-2026 | 31-03-2026 | 03-08-2026 | 4 months | −7.8% |
| Zerodha BSE SENSEX Index Fund (Direct) | −16.1% | 02-01-2026 | 30-03-2026 | Not yet | -- | −12.6% |
| Nifty 500 TRI | −14.7% | 02-01-2026 | 30-03-2026 | Not yet | -- | −8.4% |
From daily values since 10-11-2025, the first day every fund has.
Shriram Multi Sector Rotation vs Zerodha BSE SENSEX Index: Portfolio Overlap
From each fund's latest monthly portfolio: Shriram Multi Sector Rotation Fund, September 2026; Zerodha BSE SENSEX Index Fund, September 2026
Holdings in common
- Overlap
- 38.3%
- Held by both
- 14
- Only in Shriram Multi Sector Rotation
- 27
- Only in Zerodha BSE SENSEX Index
- 16
| Security | % of Shriram Multi Sector Rotation | % of Zerodha BSE SENSEX Index |
|---|---|---|
| HDFC Bank Ltd. | 7.77% | 12.59% |
| Axis Bank Ltd. | 5.71% | 4.08% |
| State Bank of India | 4.06% | 4.64% |
| Reliance Industries Ltd. | 3.84% | 9.16% |
| Bharti Airtel Ltd. | 3.11% | 6.39% |
| Mahindra & Mahindra Ltd. | 3.38% | 3.08% |
| Eternal Ltd. | 5.59% | 2.70% |
| Tata Consultancy Services Ltd. | 2.31% | 2.42% |
| Adani Ports & Special Economic Zone Ltd. | 3.55% | 1.63% |
| Infosys Ltd. | 1.39% | 4.09% |
| Maruti Suzuki India Ltd. | 1.34% | 1.79% |
| InterGlobe Aviation Ltd. | 2.76% | 1.30% |
| Tech Mahindra Ltd. | 2.00% | 1.13% |
| Sun Pharmaceutical Industries Ltd. | 0.56% | 2.29% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 38.3% means 38.3% 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 Shriram Multi Sector Rotation Fund
| Security | % of fund |
|---|---|
| Samvardhana Motherson International Ltd. | 3.16% |
| Apollo Hospitals Enterprise Ltd. | 3.14% |
| Nuvama Wealth Management Ltd. | 2.78% |
| Samhi Hotels Ltd. | 2.76% |
| Computer Age Management Services Ltd. | 2.68% |
Largest holdings only in Zerodha BSE SENSEX Index Fund
| Security | % of fund |
|---|---|
| ICICI Bank Limited | 11.04% |
| Larsen & Toubro Limited | 5.11% |
| Kotak Mahindra Bank Limited | 3.58% |
| Bajaj Finance Limited | 3.00% |
| ITC Limited | 2.97% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Shriram Multi Sector Rotation | Zerodha BSE SENSEX Index |
|---|---|---|
| Equity | 99.8% | 100.1% |
| Debt | 0.0% | 0.0% |
| Cash and others | 0.2% | -0.1% |
Market cap of stocks
| Market cap | Shriram Multi Sector Rotation | Zerodha BSE SENSEX Index |
|---|---|---|
| Large Cap | 58.5% | 100.1% |
| Mid Cap | 9.8% | 0.0% |
| Small Cap | 31.5% | 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 | Shriram Multi Sector Rotation | Zerodha BSE SENSEX Index |
|---|---|---|
| Banks | 20.2% | 35.9% |
| Healthcare Services | 9.6% | 0.0% |
| Capital Markets | 9.2% | 0.0% |
| Petroleum Products | 3.8% | 9.2% |
| IT - Software | 7.7% | 9.2% |
| Retailing | 7.3% | 3.7% |
| Telecom - Services | 3.1% | 6.4% |
| Auto Components | 6.1% | 0.0% |
| Construction | 0.0% | 5.1% |
| Diversified FMCG | 0.0% | 4.9% |
The six largest sectors of each fund's stocks, % of the fund.
Shriram Multi Sector Rotation vs Zerodha BSE SENSEX Index: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Shriram Multi Sector Rotation Fund | Zerodha BSE SENSEX Index Fund |
|---|---|---|
| Total expense ratio (Direct) | 0.98% | 0.47% |
| Base expense ratio (Direct) | 0.60% | 0.29% |
| Total expense ratio (Regular) | 2.71% | Not available |
| Base expense ratio (Regular) | 2.10% | 0.00% |
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
Compare Shriram Multi Sector Rotation with
Shriram Multi Sector Rotation Fund vs Zerodha BSE SENSEX Index Fund: Frequently Asked Questions
What is the difference between Shriram Multi Sector Rotation Fund and Zerodha BSE SENSEX Index Fund?
Shriram Multi Sector Rotation Fund is a Thematic fund, Zerodha BSE SENSEX Index Fund is an Index fund, run by Shriram Mutual Fund and Zerodha Mutual Fund. Their portfolios overlap 38.3%. Shriram Multi Sector Rotation Fund charges 0.98% a year and Zerodha BSE SENSEX Index Fund 0.47%.
Which has the lower expense ratio, Shriram Multi Sector Rotation Fund or Zerodha BSE SENSEX Index Fund?
Zerodha BSE SENSEX Index Fund charges less: 0.47% a year against 0.98%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Shriram Multi Sector Rotation Fund and Zerodha BSE SENSEX Index Fund overlap?
38.3%. They hold 14 of the same securities, the largest shared ones being HDFCBANK, AXISBANK, SBIN. From each fund's latest monthly portfolio.
Which is riskier, Shriram Multi Sector Rotation Fund or Zerodha BSE SENSEX Index Fund?
On SEBI's riskometer, Shriram Multi Sector Rotation Fund is rated Very High and Zerodha BSE SENSEX Index Fund Very High. Over their common history, the standard deviation of daily returns was 16.03% and 14.00% a year.
Can I invest in both Shriram Multi Sector Rotation Fund and Zerodha BSE SENSEX Index Fund?
Yes. 38.3% of each fund's money sits in the same holdings, so some of the two investments would move together.
Who manages Shriram Multi Sector Rotation Fund and Zerodha BSE SENSEX Index Fund?
Shriram Multi Sector Rotation Fund: Hitesh Savanth, Prateek Nigudkar. Zerodha BSE SENSEX Index Fund: Kedarnath Mirajkar.
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.