Baroda BNP Paribas Nifty 50 Index Fund vs LIC MF Nifty 50 ETF
Baroda BNP Paribas Nifty 50 Index Fund and LIC MF Nifty 50 ETF are both Nifty 50 Index Funds & ETFs. As of 5 Nov 2026 (Direct plan, Growth option): 3-year CAGR — vs +9.57%, 5-year CAGR — vs +7.72%, volatility 13.86% vs 14.11%, maximum drawdown −15.52% vs −38.33%. Their portfolios overlap by 99.6% (50 stocks held by both).
Showing the Direct plan, Growth option. Portfolio, sector and market-cap figures are the same for every plan and option of a fund.
Key facts
| Baroda BNP Paribas Nifty 50 Index | LIC MF Nifty 50 ETF | |
|---|---|---|
| Fund house | Baroda BNP Paribas Mutual Fund | LIC Mutual Fund |
| Compared as | Nifty 50 Index Funds & ETFs | Nifty 50 Index Funds & ETFs |
| NAV | ₹11.5949 | ₹275.6962 |
| NAV date | 5 Nov 2026 | 5 Nov 2026 |
| Launched (first NAV) | 30 Jan 2024 | 23 Nov 2015 |
| Track record | 2.8 yrs | 11.0 yrs |
| Fund size (AUM) | ₹50 Cr | ₹816 Cr |
| Securities held | 50 | 50 |
| Portfolio as of | 30 Sep 2026 | 30 Sep 2026 |
| Fund page | Full record → | Full record → |
Returns
| Baroda BNP Paribas Nifty 50 Index | LIC MF Nifty 50 ETF | |
|---|---|---|
| 1 month | +7.72% | +7.77% |
| 3 months | −0.35% | −0.29% |
| 6 months | +1.61% | +1.68% |
| 1 year | −3.39% | −3.22% |
| 3 years (CAGR) | — | +9.57% |
| 5 years (CAGR) | — | +7.72% |
| 7 years (CAGR) | — | +12.00% |
| 10 years (CAGR) | — | +12.47% |
| Since launch (CAGR) | +5.82% | +12.19% |
| SIP return (XIRR, 5 years) ⓘ | — | +7.47% |
Up to one year: absolute return. Beyond one year: CAGR. Computed from each fund's own NAV history (AMFI), measured to the latest NAV.
Calendar-year returns
| Baroda BNP Paribas Nifty 50 Index | LIC MF Nifty 50 ETF | |
|---|---|---|
| 2026 (year to date) | −5.41% | −5.24% |
| 2025 | +11.51% | +11.82% |
| 2024 | — | +9.94% |
| 2023 | — | +21.06% |
| 2022 | — | +5.65% |
| 2021 | — | +25.36% |
Risk
| Baroda BNP Paribas Nifty 50 Index | LIC MF Nifty 50 ETF | |
|---|---|---|
| Volatility (annualised) ⓘ | 13.86% | 14.11% |
| Downside volatility ⓘ | 10.50% | 10.18% |
| Sharpe ratio ⓘ | -0.05 | 0.22 |
| Sortino ratio ⓘ | -0.06 | 0.30 |
| Maximum drawdown ⓘ | −15.52% | −38.33% |
| Recovery from that fall | 8 months | 7 months |
| Current fall from peak | −6.12% | −5.95% |
| Rolling 1-year return: worst | −11.96% | −32.75% |
| Rolling 1-year return: median | +2.91% | +12.36% |
| Rolling 1-year return: best | +13.97% | +96.39% |
| Share of 1-year periods with a loss | 34.78% | 13.47% |
Against each fund's benchmark
| Baroda BNP Paribas Nifty 50 Index | LIC MF Nifty 50 ETF | |
|---|---|---|
| Beta ⓘ | 0.93 | 0.93 |
| Alpha (Jensen's, annualised) ⓘ | −0.61% | −0.69% |
| R² ⓘ | 96.93 | 97.31 |
| Upside capture | 89.87% | 89.86% |
| Downside capture | 90.02% | 89.46% |
| Tracking error | 2.56% | 2.51% |
| Information ratio | -0.15 | -0.33 |
| Treynor ratio | -3.60 | 1.23 |
Portfolio
Asset mix
| Baroda BNP Paribas Nifty 50 Index | LIC MF Nifty 50 ETF | |
|---|---|---|
| Equity | 99.85% | 99.96% |
| Cash & equivalents | 0.15% | 0.03% |
Market-cap split (share of fund assets)
| Baroda BNP Paribas Nifty 50 Index | LIC MF Nifty 50 ETF | |
|---|---|---|
| Large Cap | 98.48% | 98.58% |
| Mid Cap | 1.37% | 1.38% |
| Small Cap | 0.00% | 0.00% |
| Unclassified | 0.00% | 0.00% |
Concentration
| Baroda BNP Paribas Nifty 50 Index | LIC MF Nifty 50 ETF | |
|---|---|---|
| Top 10 holdings | 52.20% | 52.29% |
| Effective number of stocks ⓘ | 24.5 | 24.4 |
| Securities held | 50 | 50 |
Portfolio overlap: 99.6%
50 companies are held by both funds; by weight, 99.6% of the two portfolios is the same. That is a high overlap: holding both adds little diversification beyond holding one.
| Held by both | Baroda BNP Paribas Nifty 50 Index | LIC MF Nifty 50 ETF |
|---|---|---|
| HDFC Bank Limited | 10.40% | 10.39% |
| ICICI Bank Limited | 9.03% | 9.04% |
| Reliance Industries Limited | 7.60% | 7.58% |
| Bharti Airtel Limited | 5.04% | 5.10% |
| Larsen & Toubro Limited | 4.19% | 4.21% |
| State Bank of India | 3.77% | 3.79% |
| Infosys Limited | 3.39% | 3.36% |
| Axis Bank Limited | 3.38% | 3.36% |
| Kotak Mahindra Bank Limited | 2.87% | 2.94% |
| Mahindra & Mahindra Limited | 2.53% | 2.52% |
| Bajaj Finance Limited | 2.53% | 2.49% |
| ITC Limited | 2.41% | 2.42% |
| Eternal Limited | 2.22% | 2.22% |
| Tata Consultancy Services Limited | 2.01% | 2.01% |
| Titan Company Limited | 1.85% | 1.81% |
Top 10 holdings
Baroda BNP Paribas Nifty 50 Index
- HDFC Bank Limited10.40%
- ICICI Bank Limited9.03%
- Reliance Industries Limited7.60%
- Bharti Airtel Limited5.04%
- Larsen & Toubro Limited4.19%
- State Bank of India3.77%
- Infosys Limited3.39%
- Axis Bank Limited3.38%
- Kotak Mahindra Bank Limited2.87%
- Mahindra & Mahindra Limited2.53%
LIC MF Nifty 50 ETF
- HDFC Bank Limited10.39%
- ICICI Bank Limited9.04%
- Reliance Industries Limited7.58%
- Bharti Airtel Limited5.10%
- Larsen & Toubro Limited4.21%
- State Bank of India3.79%
- Infosys Limited3.36%
- Axis Bank Limited3.36%
- Kotak Mahindra Bank Limited2.94%
- Mahindra & Mahindra Limited2.52%
Sector exposure
| Baroda BNP Paribas Nifty 50 Index | LIC MF Nifty 50 ETF | |
|---|---|---|
| Banks | 29.45% | 29.52% |
| Petroleum Products | 7.60% | 7.58% |
| IT - Software | 7.58% | 7.54% |
| Automobiles | 6.67% | 6.65% |
| Finance | 5.48% | 5.44% |
| Telecom - Services | 5.04% | 5.10% |
| Construction | 4.19% | 4.21% |
| Diversified FMCG | 4.02% | 4.01% |
| Pharmaceuticals & Biotechnology | 3.23% | 3.27% |
| Retailing | 3.05% | 3.05% |
| Consumer Durables | 2.88% | 2.85% |
| Ferrous Metals | 2.59% | 2.61% |
| Power | 2.57% | 2.59% |
| Cement & Cement Products | 2.36% | 2.35% |
Questions people ask
What is the difference between Baroda BNP Paribas Nifty 50 Index and LIC MF Nifty 50 ETF returns?
As of 5 Nov 2026, Direct plan Growth option: 1-year return −3.39% vs −3.22%; 3-year CAGR — vs +9.57%; 5-year CAGR — vs +7.72%; 10-year CAGR — vs +12.47%. Past returns do not indicate future returns.
How do Baroda BNP Paribas Nifty 50 Index and LIC MF Nifty 50 ETF compare on risk?
Volatility (36 monthly returns, annualised) 13.86% vs 14.11%; Sharpe ratio -0.05 vs 0.22; Sortino ratio -0.06 vs 0.30; maximum drawdown −15.52% vs −38.33%; beta 0.93 vs 0.93.
How much do Baroda BNP Paribas Nifty 50 Index and LIC MF Nifty 50 ETF overlap?
By weight, 99.6% of the two portfolios is invested in the same companies; 50 stocks are held by both, the largest shared positions being HDFC Bank Limited, ICICI Bank Limited, Reliance Industries Limited. Based on the portfolios disclosed for Sep 2026 and Sep 2026.
What is the large, mid and small cap split of Baroda BNP Paribas Nifty 50 Index and LIC MF Nifty 50 ETF?
Baroda BNP Paribas Nifty 50 Index: large cap 98.5%, mid cap 1.4%, small cap 0.0%. LIC MF Nifty 50 ETF: large cap 98.6%, mid cap 1.4%, small cap 0.0% (share of the fund's assets, from its latest disclosed portfolio).
Is this a recommendation to choose one of these funds?
No. This page places the published figures of both funds side by side. It does not rank, rate or recommend either fund; which one suits an investor depends on their goals, horizon and risk tolerance.
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Sources: NAV from AMFI; returns, risk and ratios computed by MF Analyser from each fund's NAV history (risk on 36 monthly returns, risk-free rate 6.5%); benchmark ratios against each fund's benchmark total-return index; portfolios from each fund house's monthly disclosure. Returns and ratios as of 5 Nov 2026. IDCW options show no return or risk figures because payouts reduce the NAV and AMFI's file carries no payout history to add back. This page compares published figures only — it does not rank, rate or recommend either fund. Past performance does not indicate future returns; mutual fund investments are subject to market risks.