Sensex ETFs: List of Sensex ETFs in India

Sensex ETFs have emerged as one of the most efficient ways for investors to gain exposure to India’s top-performing companies. With the growing preference for passive investing, these funds offer a low-cost, transparent, and diversified route to participate in the equity market. Sensex ETFs allow investors to mirror the performance of 30 established large-cap companies through a single investment by tracking the S&P BSE Sensex.

Invest in Indian Markets and Unlock Future Potential With 5paisa!

Open Account Now

What is a Sensex ETF?

A Sensex ETF is an exchange-traded fund that replicates the performance of the S&P BSE Sensex by investing in the same 30 companies in similar proportions. These ETFs are traded on stock exchanges like shares and provide investors with diversified exposure to India’s leading large-cap stocks at a relatively low cost.

These are funds which track the S&P BSE Sensex passively. The index is maintained by the Bombay Stock Exchange (BSE). It includes companies from sectors such as finance, IT, energy, consumer goods, and healthcare.

The ETFs contain the identical 30 stocks in approximately the same percentage as the index. The fund manager’s role is to replicate the index, not outperform it. This helps lower the costs.

Sensex ETF units can be sold or bought at any time in the market, at the National Stock Exchange (NSE) or the

BSE. They are traded just like ordinary shares. Liquidity within a day is a definite advantage over the traditional mutual fund schemes.

Sensex ETFs worth knowing about

The Sensex ETFs in India are operated by several asset management companies (AMCs). These are the most significant ones.

SBI BSE Sensex ETF

SBI Mutual Fund initiated this scheme in March 2013. It is one of the largest high-AUM ETFs.

• AUM: ~₹1,22,409 crore — Value Research, as of February 22, 2026
• Expense ratio: 0.04% — Tickertape, as of February 20, 2026
• Five-year annualised return: ~11.47% — Value Research, as of February 22, 2026

ICICI Prudential BSE Sensex ETF

Launched in January 2003, this fund is one of the oldest Sensex ETFs available. ICICI Prudential Mutual Fund manages it.

• AUM: ~₹26,281 crore — Tickertape, as of February 20, 2026
• Expense ratio: 0.02% — Tickertape, as of February 20, 2026
• Five-year annualised return: ~13.83% — Value Research, as of December 18, 2025

UTI BSE Sensex ETF

UTI Mutual Fund launched this scheme in August 2015. It has grown into a sizeable passive fund.

• AUM: ~₹53,598 crore — Business Today, as of March 2, 2026
• Expense ratio: 0.05% — Value Research, latest available
• Five-year annualised return: ~13.98% — Value Research, as of December 25, 2025

Nippon India ETF BSE Sensex (SensexBEES)

Nippon India Mutual Fund runs this ETF. It tends to have high daily trading volumes.

• AUM: ~₹23,641 crore — Tickertape, as of March 20, 2026
• Expense ratio: 0.04% — Tickertape, as of March 20, 2026

HDFC BSE Sensex ETF

HDFC Mutual Fund launched this fund in December 2015. It carries a smaller corpus relative to peers.

• AUM: ~₹544 crore — Value Research, latest available
• Expense ratio: 0.05% — Value Research, latest available
• Five-year annualised return: ~10.61% — Value Research, as of March 9, 2026

Kotak Mahindra Mutual Fund and Axis Mutual Fund also run Sensex ETFs. Their fee structures and AUM differ.

What to look at before choosing

When comparing Sensex ETFs, a few metrics matter more than others.

Expense ratio refers to the fund charges to manage the portfolio as a percentage of AUM. The low cost ratio also has a direct positive impact on the investor in the long run since all the Sensex ETFs are index funds that follow the same index. The current expense ratios of most of the Sensex ETFs in India are 0.02-0.07%.

Tracking error is the degree to which the returns of the ETF are similar to the returns of the underlying index. Reduced tracking error implies a more precise replication. Some of the factors that cause a tracking error are cash holdings, transaction costs, and dividend reinvestment timing.

AUM and liquidity are closely related. The larger the AUM of ETFs, the narrower the bid-ask spreads and the more reliable the trading volumes. This facilitates the easy entry and exit of positions for investors with minimal price effects.

Trading volume: higher trading volumes ensure smoother execution and lower impact cost. Increased volumes per day imply that it is executed more smoothly and the impact cost is reduced, which is especially important when it comes to large orders.

Tax treatment

The Securities and Exchange Board of India (SEBI) categorises Sensex ETFs as equity-oriented funds. Long-term capital gains (holding >1 year) are taxed at 12.5% above ₹1.25 lakh per year. Short-term gains (holding <1 year) are taxed at 20%. Unit sales made in the next 12 months are subject to a 20% levy.

Tax regulations are subject to change. With the assistance of a qualified professional, you can make plans based on the recent provisions.

Who should consider Sensex ETFs?

Generally, Sensex ETFs are appropriate when an investor desires passive large-cap equity at the lowest cost. They may be used as a core portfolio investment when an investor does not engage in active investment in funds but rather invests in index-based funds. Nonetheless, the focused 30-stock portfolio lacks mid-cap or small-cap stocks, which restricts the range of capturing growth in that category.

These ETFs need a demat account and a trading account with a registered broker of the Securities and Exchange Board of India (SEBI). In contrast to index mutual funds, ETF units cannot be set up under a Systematic Investment Plan (SIP) at the AMC, but some brokers now provide scheduled ETF purchases.

Practical considerations

You need a demat account and a trading account with a SEBI-registered broker. The ETF units are not sold via a systematic investment plan (SIP) with the AMC itself. Purchases can now be scheduled with some brokers.

Market risk is applicable to all Sensex ETFs. Prices are subject to economic cycles, policy changes and global market cues. Sensex is also biased toward finance and IT. That tilt in the sector is worth considering.

In addition to the expense ratio, investors should consider brokerage fees, STT, and bid-ask spreads. Include these items with the expense ratio to provide a complete picture.

Previous performance does not necessarily mean future performance. Numbers mentioned here are just a reference.

Conclusion

Sensex ETFs offer a simple, cost-efficient, and transparent way to invest in India’s top large-cap companies. While multiple ETFs track the same index, choosing the right one depends on factors such as expense ratio, liquidity, and tracking accuracy. For long-term investors seeking steady exposure to the broader market without the complexity of stock selection, Sensex ETFs can serve as a reliable core investment option.