HDFC NIFTY IT ETF vs SBI Nifty IT Index Fund
HDFC NIFTY IT ETF and SBI Nifty IT Index Fund are both Nifty IT Index Funds & ETFs. As of 5 Nov 2026 (Direct plan, Growth option): 3-year CAGR +4.18% vs —, 5-year CAGR — vs —, volatility 27.44% vs 29.64%, maximum drawdown −42.12% vs −34.11%. Their portfolios overlap by 100% (10 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
| HDFC NIFTY IT ETF | SBI Nifty IT Index | |
|---|---|---|
| Fund house | HDFC Mutual Fund | SBI Mutual Fund |
| Compared as | Nifty IT Index Funds & ETFs | Nifty IT Index Funds & ETFs |
| NAV | ₹35.2060 | ₹8.3365 |
| NAV date | 5 Nov 2026 | 5 Nov 2026 |
| Launched (first NAV) | 16 Nov 2022 | 27 Feb 2025 |
| Track record | 4.0 yrs | 1.7 yrs |
| Fund size (AUM) | ₹72 Cr | ₹129 Cr |
| Securities held | 10 | 10 |
| Portfolio as of | 30 Sep 2026 | 30 Sep 2026 |
| Fund page | Full record → | Full record → |
Returns
| HDFC NIFTY IT ETF | SBI Nifty IT Index | |
|---|---|---|
| 1 month | +17.04% | +17.04% |
| 3 months | +5.84% | +5.76% |
| 6 months | +14.06% | +13.88% |
| 1 year | −5.46% | −5.71% |
| 3 years (CAGR) | +4.18% | — |
| 5 years (CAGR) | — | — |
| 7 years (CAGR) | — | — |
| 10 years (CAGR) | — | — |
| Since launch (CAGR) | +4.26% | −8.09% |
| SIP return (XIRR, 5 years) ⓘ | — | — |
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
| HDFC NIFTY IT ETF | SBI Nifty IT Index | |
|---|---|---|
| 2026 (year to date) | −11.95% | −12.16% |
| 2025 | −10.59% | — |
| 2024 | +24.58% | — |
| 2023 | +25.92% | — |
Risk
| HDFC NIFTY IT ETF | SBI Nifty IT Index | |
|---|---|---|
| Volatility (annualised) ⓘ | 27.44% | 29.64% |
| Downside volatility ⓘ | 19.11% | 21.43% |
| Sharpe ratio ⓘ | -0.08 | -0.49 |
| Sortino ratio ⓘ | -0.12 | -0.68 |
| Maximum drawdown ⓘ | −42.12% | −34.11% |
| Recovery from that fall | — | — |
| Current fall from peak | −25.86% | −15.74% |
| Rolling 1-year return: worst | −32.24% | −32.34% |
| Rolling 1-year return: median | +6.92% | −17.41% |
| Rolling 1-year return: best | +42.04% | −0.78% |
| Share of 1-year periods with a loss | 45.52% | 100.00% |
Against each fund's benchmark
| HDFC NIFTY IT ETF | SBI Nifty IT Index | |
|---|---|---|
| Beta ⓘ | 0.82 | 0.56 |
| Alpha (Jensen's, annualised) ⓘ | −0.87% | −7.60% |
| R² ⓘ | 19.28 | 7.93 |
| Upside capture | 61.38% | 4.01% |
| Downside capture | 46.58% | 17.05% |
| Tracking error | 25.00% | 29.96% |
| Information ratio | -0.17 | -0.34 |
| Treynor ratio | -2.80 | -22.75 |
Portfolio
Asset mix
| HDFC NIFTY IT ETF | SBI Nifty IT Index | |
|---|---|---|
| Equity | 100.00% | 100.33% |
| Cash & equivalents | 0.00% | -0.33% |
Market-cap split (share of fund assets)
| HDFC NIFTY IT ETF | SBI Nifty IT Index | |
|---|---|---|
| Large Cap | 81.36% | 81.64% |
| Mid Cap | 18.64% | 18.69% |
| Small Cap | 0.00% | 0.00% |
| Unclassified | 0.00% | 0.00% |
Concentration
| HDFC NIFTY IT ETF | SBI Nifty IT Index | |
|---|---|---|
| Top 10 holdings | 100.00% | 100.33% |
| Effective number of stocks ⓘ | 5.8 | 5.7 |
| Securities held | 10 | 10 |
Portfolio overlap: 100%
10 companies are held by both funds; by weight, 100% of the two portfolios is the same. That is a high overlap: holding both adds little diversification beyond holding one.
| Held by both | HDFC NIFTY IT ETF | SBI Nifty IT Index |
|---|---|---|
| Infosys Limited | 31.30% | 31.40% |
| Tata Consultancy Services Limited | 19.08% | 19.14% |
| HCL Technologies Ltd. | 11.81% | 11.85% |
| Tech Mahindra Limited | 10.47% | 10.51% |
| Coforge Limited | 6.59% | 6.61% |
| Persistent Systems Limited | 6.21% | 6.23% |
| Wipro Ltd. | 4.64% | 4.66% |
| LTM Limited | 4.06% | 4.08% |
| Mphasis Ltd. | 3.09% | 3.10% |
| Oracle Financial Services Software Limited | 2.75% | 2.75% |
Top 10 holdings
HDFC NIFTY IT ETF
- Infosys Limited31.30%
- Tata Consultancy Services Limited19.08%
- HCL Technologies Ltd.11.81%
- Tech Mahindra Limited10.47%
- Coforge Limited6.59%
- Persistent Systems Limited6.21%
- Wipro Ltd.4.64%
- LTM Limited4.06%
- Mphasis Ltd.3.09%
- Oracle Financial Services Software Limited2.75%
SBI Nifty IT Index
- Infosys Limited31.40%
- Tata Consultancy Services Limited19.14%
- HCL Technologies Ltd.11.85%
- Tech Mahindra Limited10.51%
- Coforge Limited6.61%
- Persistent Systems Limited6.23%
- Wipro Ltd.4.66%
- LTM Limited4.08%
- Mphasis Ltd.3.10%
- Oracle Financial Services Software Limited2.75%
Sector exposure
| HDFC NIFTY IT ETF | SBI Nifty IT Index | |
|---|---|---|
| IT - Software | 100.00% | 100.33% |
Questions people ask
What is the difference between HDFC NIFTY IT ETF and SBI Nifty IT Index returns?
As of 5 Nov 2026, Direct plan Growth option: 1-year return −5.46% vs −5.71%; 3-year CAGR +4.18% vs —; 5-year CAGR — vs —; 10-year CAGR — vs —. Past returns do not indicate future returns.
How do HDFC NIFTY IT ETF and SBI Nifty IT Index compare on risk?
Volatility (36 monthly returns, annualised) 27.44% vs 29.64%; Sharpe ratio -0.08 vs -0.49; Sortino ratio -0.12 vs -0.68; maximum drawdown −42.12% vs −34.11%; beta 0.82 vs 0.56.
How much do HDFC NIFTY IT ETF and SBI Nifty IT Index overlap?
By weight, 100% of the two portfolios is invested in the same companies; 10 stocks are held by both, the largest shared positions being Infosys Limited, Tata Consultancy Services Limited, HCL Technologies Ltd.. Based on the portfolios disclosed for Sep 2026 and Sep 2026.
What is the large, mid and small cap split of HDFC NIFTY IT ETF and SBI Nifty IT Index?
HDFC NIFTY IT ETF: large cap 81.4%, mid cap 18.6%, small cap 0.0%. SBI Nifty IT Index: large cap 81.6%, mid cap 18.7%, 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.
More comparisons
HDFC NIFTY IT ETF vs
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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.