Tata Aggressive Hybrid Fund vs Zerodha Nifty 100 ETF
Direct Plan, Growth option · Data as on 30-10-2026
Tata Aggressive Hybrid Fund is an Aggressive Hybrid fund and Zerodha Nifty 100 ETF is an ETF fund. In the year to 30-10-2026, Tata Aggressive Hybrid Fund (Direct) returned −6.4% and Zerodha Nifty 100 ETF (Direct) returned −8.7%. Tata Aggressive Hybrid Fund charges 1.18% a year and Zerodha Nifty 100 ETF 0.28% (Direct plans). Their portfolios overlap 37.0%: they hold 31 of the same securities.
Tata Aggressive Hybrid Fund
Aggressive Hybrid
- 1 year return
- −6.4%
- Expense ratio
- 1.18%
- NAV
- ₹472.41
Which is better, Tata Aggressive Hybrid or Zerodha Nifty 100 ETF? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Tata Aggressive Hybrid returned more over 1 year: −6.4% against −8.7%.
- Zerodha Nifty 100 ETF costs less: 0.28% a year against 1.18% (Direct plans).
- Tata Aggressive Hybrid fell less in its worst fall since 18-06-2024: −14.2% against −17.2%.
- Zerodha Nifty 100 ETF holds more in large companies: 97.9% of the fund in large caps against 51.2%.
- Tata Aggressive Hybrid is the larger fund: ₹3,983 Cr against ₹165 Cr.
- Their portfolios overlap 37.0%: 31 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 | Tata Aggressive Hybrid Fund | Zerodha Nifty 100 ETF |
|---|---|---|
| Fund house | Tata Mutual Fund | Zerodha Mutual Fund |
| Category | Aggressive Hybrid | ETF |
| AUM | ₹3,983 Cr (30-09-2026) | ₹165 Cr (30-09-2026) |
| NAV | ₹472.41 (Direct) | ₹10.09 (Direct) |
| Expense ratio (Direct) | 1.18% | 0.28% |
| Expense ratio (Regular) | 2.12% | Not available |
| Riskometer | Very High | Very High |
| Benchmark | CRISIL Hybrid 35+65 - Aggressive Index | Nifty 100 TRI |
| Launch date | 08-10-1995 | 12-06-2024 |
| Minimum investment | ₹5,000 | In creation unit size of 765,000 units and in multiples thereafter |
| Lock in | None | None |
| Fund managers | Satish Chandra Mishra, Murthy Nagarajan, Amit Somani | Kedarnath Mirajkar |
| Exit load | Exit load of 0.50%, if redeemed within 30 days. | Not available |
Tata Aggressive Hybrid vs Zerodha Nifty 100 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 |
|---|---|---|---|---|---|---|---|
| Tata Aggressive Hybrid Fund (Direct) | −1.09% | −5.29% | −2.06% | −6.38% | +7.86% | +7.36% | +9.49% |
| Zerodha Nifty 100 ETF (Direct) | +1.04% | −5.28% | −2.92% | −8.69% | -- | -- | -- |
| Aggressive Hybrid average | −0.88% | −3.67% | −0.27% | −3.33% | +10.77% | +9.35% | +11.60% |
Category average: the average of the 29 Aggressive Hybrid funds, same plan type.
Tata Aggressive Hybrid vs Zerodha Nifty 100 ETF: Year-wise Returns
| Year | Tata Aggressive HybridTata Aggressive Hybrid | Zerodha Nifty 100 ETFZerodha Nifty 100 ETF |
|---|---|---|
| 2026to date | −7.54% | −9.32% |
| 2025 | +7.01% | +10.15% |
| 2024 | +14.51% | -- |
| 2023 | +17.27% | -- |
| 2022 | +8.98% | -- |
| 2021 | +24.82% | -- |
Tata Aggressive Hybrid vs Zerodha Nifty 100 ETF: Rolling Returns
Every holding period of both funds, against Nifty 100 TRI, the benchmark of Zerodha Nifty 100 ETF
Rolling returns
Every 1-year holding period, 337 of them, one for each trading day from 18-06-2025 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.
Tata Aggressive Hybrid Fund (Direct)
Zerodha Nifty 100 ETF (Direct)
Nifty 100 TRI
to
Jul 2025Oct 2024
to
Oct 2025Jan 2025
to
Jan 2026Apr 2025
to
Apr 2026Jul 2025
to
Jul 2026Sept 2025
to
Sept 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tata Aggressive Hybrid | 29.7 | 46.3 | 19.6 | 4.5 | 0.0 | 0.0 | 0.0 | 2.4% | 2.3% | −7.6% | 12.8% | 49% |
| Zerodha Nifty 100 ETF | 40.8 | 27.5 | 19.2 | 11.8 | 0.6 | 0.0 | 0.0 | 2.2% | 1.3% | −10.5% | 15.2% | 6% |
| Nifty 100 TRI | 40.7 | 27.6 | 19.0 | 12.2 | 0.6 | 0.0 | 0.0 | 2.3% | 1.4% | −10.5% | 15.3% | -- |
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 100 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 18-06-2024. Past returns do not promise future returns.
Tata Aggressive Hybrid vs Zerodha Nifty 100 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 03-06-2024 to 30-10-2026: 29 instalments, ₹2,90,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Tata Aggressive HybridTata Aggressive Hybrid Fund (Direct) | ₹2,90,000 | ₹2,83,403 | −₹6,597 | −1.8% |
| Zerodha Nifty 100 ETFZerodha Nifty 100 ETF (Direct) | ₹2,90,000 | ₹2,80,663 | −₹9,337 | −2.6% |
Tata Aggressive HybridTata Aggressive Hybrid Fund (Direct)
Zerodha Nifty 100 ETFZerodha Nifty 100 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.
Tata Aggressive Hybrid vs Zerodha Nifty 100 ETF: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Tata Aggressive Hybrid Fund (Direct) | Zerodha Nifty 100 ETF (Direct) |
|---|---|---|
| Return (CAGR) | −6.38% | −8.69% |
| Standard deviation | 10.99% | 14.04% |
| Sharpe ratio | -1.06 | -0.99 |
| Sortino ratio | -1.39 | -1.32 |
| Maximum drawdown | −12.6% (30-03-2026) | −14.9% (30-03-2026) |
| Beta | -- | 1.00 |
| Alpha | -- | −0.01% |
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 | Tata Aggressive Hybrid Fund (Direct) | Zerodha Nifty 100 ETF (Direct) |
|---|---|---|
| Return (CAGR) | +11.90% | −0.19% |
| Standard deviation | 11.67% | 13.27% |
| Sharpe ratio | 0.50 | -0.45 |
| Sortino ratio | 0.68 | -0.62 |
| Maximum drawdown | −28.9% (23-03-2020) | −17.2% (28-02-2025) |
| Beta | -- | 1.00 |
| Alpha | -- | −0.06% |
From daily NAVs, 02-01-2013 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.
Tata Aggressive Hybrid Fund (Direct)
Zerodha Nifty 100 ETF (Direct)
Nifty 100 TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Tata Aggressive Hybrid Fund (Direct) | −14.2% | 26-09-2024 | 28-02-2025 | 22-12-2025 | 10 months | −8.1% |
| Zerodha Nifty 100 ETF (Direct) | −17.2% | 26-09-2024 | 28-02-2025 | Not yet | -- | −10.1% |
| Nifty 100 TRI | −17.2% | 26-09-2024 | 28-02-2025 | 02-01-2026 | 10 months | −10.1% |
From daily values since 18-06-2024, 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.
Tata Aggressive Hybrid Fund (Direct)
Zerodha Nifty 100 ETF (Direct)
Nifty 100 TRI
Against Nifty 100 TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| Tata Aggressive Hybrid Fund (Direct) | 77% | 74% | 4.16% |
| Zerodha Nifty 100 ETF (Direct) | 100% | 100% | 0.04% |
From month-end values since 18-06-2024. 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.
Tata Aggressive Hybrid vs Zerodha Nifty 100 ETF: Portfolio Overlap
From each fund's latest monthly portfolio: Tata Aggressive Hybrid Fund, September 2026; Zerodha Nifty 100 ETF, September 2026
Holdings in common
- Overlap
- 37.0%
- Held by both
- 31
- Only in Tata Aggressive Hybrid
- 65
- Only in Zerodha Nifty 100 ETF
- 69
| Security | % of Tata Aggressive Hybrid | % of Zerodha Nifty 100 ETF |
|---|---|---|
| ICICI BANK LTD | 4.31% | 7.34% |
| BHARTI AIRTEL LTD | 3.53% | 4.14% |
| HDFC BANK LTD | 2.85% | 8.41% |
| AXIS BANK LTD | 2.15% | 2.73% |
| MAHINDRA & MAHINDRA LTD | 1.93% | 2.04% |
| RELIANCE INDUSTRIES LTD | 1.79% | 6.15% |
| KOTAK MAHINDRA BANK LTD | 1.78% | 2.38% |
| INFOSYS LTD | 1.62% | 2.72% |
| STATE BANK OF INDIA | 1.45% | 3.07% |
| LARSEN & TOUBRO LTD | 1.42% | 3.41% |
| MARUTI SUZUKI INDIA LTD | 1.50% | 1.21% |
| ETERNAL LTD | 1.21% | 1.80% |
| SHRIRAM FINANCE LTD | 1.11% | 1.07% |
| TITAN COMPANY LTD | 1.04% | 1.47% |
| ULTRATECH CEMENT LTD | 0.96% | 1.00% |
| HINDUSTAN UNILEVER LTD | 0.94% | 1.29% |
| INTERGLOBE AVIATION LTD | 1.13% | 0.87% |
| ADANI ENTERPRISES LTD | 1.01% | 0.76% |
| HINDUSTAN AERONAUTICS LTD | 1.47% | 0.69% |
| ADANI POWER LTD | 1.02% | 0.66% |
| DR REDDYS LABORATORIES LTD | 1.08% | 0.58% |
| SAMVARDHANA MOTHERSON INTERNATIONAL LTD | 1.43% | 0.56% |
| VEDANTA ALUMINIUM METAL LTD | 1.56% | 0.55% |
| CHOLAMANDALAM INVESTMENT & FINANCE CO LTD | 1.32% | 0.54% |
| BHARAT PETROLEUM CORPORATION LTD | 0.91% | 0.47% |
| VARUN BEVERAGES LTD | 1.08% | 0.46% |
| BRITANNIA INDUSTRIES LTD | 1.76% | 0.44% |
| ADANI ENERGY SOLUTIONS LTD | 1.44% | 0.33% |
| BANK OF BARODA | 1.16% | 0.33% |
| ABB INDIA LTD | 1.00% | 0.28% |
| HINDUSTAN ZINC LTD | 0.99% | 0.21% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 37.0% means 37.0% 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 Tata Aggressive Hybrid Fund
| Security | % of fund |
|---|---|
| GOI - 6.94% (11/05/2036) | 2.84% |
| TATA CRISIL-IBX FINANCIAL SERVICES 3-6 MONTHS DEBT INDEX FUND | 2.64% |
| COFORGE LTD | 2.20% |
| GLAXOSMITHKLINE PHARMACEUTICALS LTD | 1.74% |
| HEALTHCARE GLOBAL ENTERPRISES LTD | 1.67% |
Largest holdings only in Zerodha Nifty 100 ETF
| Security | % of fund |
|---|---|
| Bajaj Finance Limited | 2.03% |
| ITC Limited | 1.96% |
| Tata Consultancy Services Limited | 1.62% |
| Sun Pharmaceutical Industries Limited | 1.49% |
| NTPC Limited | 1.19% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Tata Aggressive Hybrid | Zerodha Nifty 100 ETF |
|---|---|---|
| Equity | 68.9% | 99.9% |
| Debt | 19.5% | 0.0% |
| Cash and others | 11.6% | 0.1% |
Market cap of stocks
| Market cap | Tata Aggressive Hybrid | Zerodha Nifty 100 ETF |
|---|---|---|
| Large Cap | 51.2% | 97.9% |
| Mid Cap | 10.3% | 2.0% |
| Small Cap | 7.4% | 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 | Tata Aggressive Hybrid | Zerodha Nifty 100 ETF |
|---|---|---|
| Banks | 16.1% | 25.1% |
| Petroleum Products | 2.7% | 7.0% |
| IT - Software | 3.8% | 6.7% |
| Automobiles | 3.4% | 6.4% |
| Finance | 2.4% | 6.2% |
| Telecom - Services | 4.8% | 4.4% |
| Pharmaceuticals & Biotechnology | 2.8% | 4.3% |
| Electrical Equipment | 3.5% | 1.5% |
The six largest sectors of each fund's stocks, % of the fund.
Tata Aggressive Hybrid vs Zerodha Nifty 100 ETF: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Tata Aggressive Hybrid Fund | Zerodha Nifty 100 ETF |
|---|---|---|
| Total expense ratio (Direct) | 1.18% | 0.28% |
| Base expense ratio (Direct) | 0.79% | 0.22% |
| Total expense ratio (Regular) | 2.12% | Not available |
| Base expense ratio (Regular) | 1.60% | 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
Tata Aggressive Hybrid Fund vs Zerodha Nifty 100 ETF: Frequently Asked Questions
What is the difference between Tata Aggressive Hybrid Fund and Zerodha Nifty 100 ETF?
Tata Aggressive Hybrid Fund is an Aggressive Hybrid fund, Zerodha Nifty 100 ETF is an ETF fund, run by Tata Mutual Fund and Zerodha Mutual Fund. Their portfolios overlap 37.0%. Tata Aggressive Hybrid Fund charges 1.18% a year and Zerodha Nifty 100 ETF 0.28%.
Which has given higher returns, Tata Aggressive Hybrid Fund or Zerodha Nifty 100 ETF?
Over 1 year: Tata Aggressive Hybrid Fund −6.38%, Zerodha Nifty 100 ETF −8.69%. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, Tata Aggressive Hybrid Fund or Zerodha Nifty 100 ETF?
Zerodha Nifty 100 ETF charges less: 0.28% a year against 1.18%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Tata Aggressive Hybrid Fund and Zerodha Nifty 100 ETF overlap?
37.0%. They hold 31 of the same securities, the largest shared ones being ICICIBANK, BHARTIARTL, HDFCBANK. From each fund's latest monthly portfolio.
Which is riskier, Tata Aggressive Hybrid Fund or Zerodha Nifty 100 ETF?
On SEBI's riskometer, Tata Aggressive Hybrid Fund is rated Very High and Zerodha Nifty 100 ETF Very High. Over 1 years, the standard deviation of daily returns was 10.99% and 14.04% a year.
Can I invest in both Tata Aggressive Hybrid Fund and Zerodha Nifty 100 ETF?
Yes. 37.0% of each fund's money sits in the same holdings, so some of the two investments would move together.
Who manages Tata Aggressive Hybrid Fund and Zerodha Nifty 100 ETF?
Tata Aggressive Hybrid Fund: Satish Chandra Mishra, Murthy Nagarajan, Amit Somani. Zerodha Nifty 100 ETF: 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.