These funds are in different SEBI categories, so they carry different risks; compare each with its own category first.
SBI Nifty Index Fund vs Mirae Asset Nifty Smallcap 250 ETF, as of 9 Nov 2026: SBI Nifty Index Fund NAV ₹234.40, 3Y CAGR 9.8%, expense ratio 0.24%; Mirae Asset Nifty Smallcap 250 ETF NAV ₹17.63, expense ratio 0.34%; about 0% of their portfolios overlap.
As of · Source: AMFI NAVs and fund-house disclosures
| SBI Nifty Index Fund Direct Growth | Mirae Asset Nifty Smallcap 250 ETF | |
|---|---|---|
| Category | Index fund | ETF |
| Fund house | SBI Mutual Fund | Mirae Asset Mutual Fund |
| Plan | Direct Plan · Growth | — |
| NAV | ₹234.40 (9 Nov 2026) | ₹17.63 (9 Nov 2026) |
| 1Y return | −1.0% | 3.6% |
| 3Y CAGR | 9.8% | — |
| 5Y CAGR | 7.8% | — |
| Since launch (CAGR) | 11.6% | 3.6% |
| Expense ratio | 0.24% | 0.34% |
| AUM | ₹13,190 cr | ₹82.0 cr |
| Risk-o-meter | Very High | Very High |
| Minimum SIP | ₹500 | — |
| Holdings | 50 | 251 |
| Top 10 holdings weight | 52.4% | 12.6% |
| Portfolio overlap | About 0% by weight, from the latest disclosed holdings | |
Returns are point-to-point for each plan, after its expense ratio; periods over one year are CAGR. Past performance is not indicative of future results.
Open in the compare tool: growth charts, SIP outcomes and shared holdings →SBI Nifty Index Fund costs less: SBI Nifty Index Fund charges 0.24% a year and Mirae Asset Nifty Smallcap 250 ETF 0.34% a year.
SBI Nifty Index Fund is larger: SBI Nifty Index Fund manages ₹13,190 cr and Mirae Asset Nifty Smallcap 250 ETF ₹82.0 cr (as of 9 Nov 2026).
About 0% of their portfolios overlap by weight (the smaller weight of each common holding, summed), from the latest disclosed holdings.
Both are rated "Very High" on SEBI's risk-o-meter.
We don't give recommendations. Jivani Markets is not a SEBI-registered investment adviser or research analyst. Whether a fund suits you depends on your goals, horizon and risk appetite; speak to a SEBI-registered investment adviser or an AMFI-registered mutual fund distributor before investing.
Mutual Fund investments are subject to market risks, read all scheme related documents carefully. Past performance is not indicative of future results.
Returns are for Direct plans, after expenses (TER is already in the NAV). Research, not advice: we do not say a fund suits you. Disclaimer