HDFC Nifty Bank ETF vs Nippon India Nifty Bank BeES

HDFC NIFTY Bank ETF-Growth has delivered the higher 3-year CAGR (9.63% vs 9.60%). HDFC NIFTY Bank ETF-Growth is the cheaper of the two with an expense ratio of 0.17% against 0.20%. Nippon India ETF Nifty Bank BeES manages the larger corpus at ₹8.32k Cr. There is no single "better" ETF — the right choice depends on your holding period, risk appetite and what you already own. Use the returns, risk and portfolio overlap tables above to judge which fits your portfolio, and remember that past returns do not guarantee future performance.

Over 1 year, HDFC NIFTY Bank ETF-Growth returned 5.50% against 5.46% for Nippon India ETF Nifty Bank BeES; and over 3 years, HDFC NIFTY Bank ETF-Growth leads with a 9.63% CAGR versus 9.60%. Returns beyond one year are CAGR (annualised). Short-period returns are heavily influenced by market cycles, so compare over at least three to five years before drawing conclusions.

HDFC NIFTY Bank ETF-Growth has the lower expense ratio at 0.17%, compared with 0.20% for Nippon India ETF Nifty Bank BeES — a difference of 0.03% a year. The expense ratio is deducted from NAV daily, so a lower ratio directly improves your net return, though it should not be the only reason to pick an ETF.

Both HDFC NIFTY Bank ETF-Growth and Nippon India ETF Nifty Bank BeES carry a "Very High" rating on the SEBI Riskometer. Within the same riskometer band, differences still show up in maximum drawdown, volatility and market-cap mix — all of which are compared in the tables above.

The portfolio overlap between the two funds is 97.1%, which is considered high. At this level, most of your money would be riding on the same set of stocks through two schemes, so holding both adds little extra diversification. You can see the shared stocks in the overlap section above.

Yes — both are Equity: Sectoral-Banking & Financial Services ETFs, which means they follow similar mandates and are benchmarked against comparable indices. That makes a direct comparison of returns, expense ratio and risk meaningful.

HDFC NIFTY Bank ETF-Growth has a NAV of ₹59.46 and an AUM of ₹2.26k Cr, and was launched on 21 Aug 2020. Nippon India ETF Nifty Bank BeES has a NAV of ₹598.05 and an AUM of ₹8.32k Cr, launched on 27 May 2004. NAV on its own says nothing about how expensive or cheap a fund is — only the return on it matters.