Aditya Birla Sun Life Flexi Cap Fund vs SBI BSE 100 ETF
Direct Plan where a fund has one, Growth option · Data as on 30-10-2026
Aditya Birla Sun Life Flexi Cap Fund is a Flexi Cap fund and SBI BSE 100 ETF is a mutual fund. In the 3 years to 30-10-2026, Aditya Birla Sun Life Flexi Cap Fund (Direct) returned 15.2% a year and SBI BSE 100 ETF (Regular) returned 8.8% a year. Aditya Birla Sun Life Flexi Cap Fund charges 0.91% a year and SBI BSE 100 ETF 0.16%. Their portfolios overlap 41.7%: they hold 36 of the same securities.
Aditya Birla Sun Life Flexi Cap Fund
Flexi Cap
- 3 year return
- 15.2%
- Expense ratio
- 0.91%
- NAV
- ₹2,119.11
Which is better, Aditya Birla Sun Life Flexi Cap or SBI BSE 100 ETF? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Aditya Birla Sun Life Flexi Cap returned more over 5 years: 10.8% a year against 7.6%.
- Aditya Birla Sun Life Flexi Cap returned more over 3 years: 15.2% a year against 8.8%.
- SBI BSE 100 ETF costs less: 0.16% a year against 0.91%.
- Aditya Birla Sun Life Flexi Cap swung less over 3 years: a standard deviation of 13.3% a year against 13.5%.
- SBI BSE 100 ETF fell less in its worst fall since 25-03-2015: −38.2% against −38.6%.
- SBI BSE 100 ETF holds more in large companies: 90.2% of the fund in large caps against 53.5%.
- Aditya Birla Sun Life Flexi Cap is the larger fund: ₹27,982 Cr against ₹9 Cr.
- Their portfolios overlap 41.7%: 36 of the same holdings.
Past returns do not promise future returns. This page is information, not investment advice.
Key facts
From each fund's scheme summary document and AMFI
| Fact | Aditya Birla Sun Life Flexi Cap Fund | SBI BSE 100 ETF |
|---|---|---|
| Fund house | Aditya Birla Sun Life Mutual Fund | SBI Mutual Fund |
| Category | Flexi Cap | Not available |
| AUM | ₹27,982 Cr (30-09-2026) | ₹9 Cr (30-09-2026) |
| NAV | ₹2,119.11 (Direct) | ₹272.01 (Regular) |
| Expense ratio (Direct) | 0.91% | Not available |
| Expense ratio (Regular) | 1.68% | 0.16% |
| Riskometer | Very High | Not available |
| Benchmark | Nifty 500 TRI | Not available |
| Launch date | 27-08-1998 | Not available |
| Minimum investment | ₹100 | Not available |
| Lock in | None | Not available |
| Fund managers | Harish Krishnan, Dhaval Joshi | Not available |
| Exit load | Exit load of 1%, if redeemed within 90 days. | Not available |
Aditya Birla Sun Life Flexi Cap vs SBI BSE 100 ETF: Returns Comparison
Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y |
|---|---|---|---|---|---|---|---|
| Aditya Birla Sun Life Flexi Cap Fund (Direct) | −0.04% | −3.36% | +3.32% | +1.05% | +15.16% | +10.79% | +13.19% |
| SBI BSE 100 ETF (Regular) | +0.93% | −5.53% | −2.97% | −9.05% | +8.78% | +7.62% | +11.52% |
| Flexi Cap average | −1.62% | −4.17% | +1.00% | −3.58% | +12.37% | +10.04% | +13.13% |
Category average: the average of the 46 Flexi Cap funds, same plan type.
Aditya Birla Sun Life Flexi Cap vs SBI BSE 100 ETF: Year-wise Returns
| Year | Aditya Birla Sun Life Flexi CapAditya Birla Sun Life Flexi Cap | SBI BSE 100 ETFSBI BSE 100 ETF |
|---|---|---|
| 2026to date | −0.21% | −9.80% |
| 2025 | +12.09% | +10.33% |
| 2024 | +19.49% | +13.11% |
| 2023 | +26.99% | +23.07% |
| 2022 | −0.27% | +5.85% |
| 2021 | +31.38% | +26.33% |
Aditya Birla Sun Life Flexi Cap vs SBI BSE 100 ETF: Rolling Returns
Every holding period of both funds, against Nifty 500 TRI, the benchmark of Aditya Birla Sun Life Flexi Cap Fund
Rolling returns
Every 3-year holding period, 2,118 of them, one for each trading day from 26-03-2018 to 30-10-2026: the yearly return (CAGR) of each, plotted on the day it ended. One lucky or unlucky start day cannot flatter or hide a fund.
Aditya Birla Sun Life Flexi Cap Fund (Direct)
SBI BSE 100 ETF (Regular)
Nifty 500 TRI
to
Dec 2018May 2017
to
May 2020Nov 2018
to
Nov 2021Apr 2020
to
Apr 2023Oct 2021
to
Oct 2024Feb 2023
to
Feb 2026
How the periods spread
| Fund | Below 0% | 0-5% | 5-10% | 10-15% | 15-20% | 20-25% | Above 25% | Mean | Median | Lowest | Highest | Beat benchmark |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Aditya Birla Sun Life Flexi Cap | 2.8 | 5.1 | 6.6 | 25.0 | 47.5 | 10.9 | 2.0 | 15.1% | 16.3% | −6.6% | 31.4% | 45% |
| SBI BSE 100 ETF | 2.2 | 5.6 | 11.5 | 39.8 | 32.3 | 6.3 | 2.4 | 13.7% | 14.1% | −6.3% | 32.6% | 17% |
| Nifty 500 TRI | 2.4 | 5.4 | 8.2 | 32.1 | 35.7 | 12.5 | 3.6 | 14.8% | 15.2% | −6.3% | 33.5% | -- |
The table shows the % of periods in each return band; a darker cell holds more of them. Lumpsum: the yearly rate (CAGR) from a period's first NAV to its last. SIP: the XIRR of the monthly instalments. The benchmark is Nifty 500 TRI, over the same periods. "Beat benchmark" counts the periods in which the fund did better. Every fund is measured over the days all of them have, from 25-03-2015. Past returns do not promise future returns.
Aditya Birla Sun Life Flexi Cap vs SBI BSE 100 ETF: SIP and Lumpsum Returns
What the same monthly or one-time investment would be worth in each fund today, from their own NAV history
Growth of an investment
₹10,000 on the first trading day of every month, from 02-03-2015 to 30-10-2026: 140 instalments, ₹14,00,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Aditya Birla Sun Life Flexi CapAditya Birla Sun Life Flexi Cap Fund (Direct) | ₹14,00,000 | ₹33,26,992 | ₹19,26,992 | 14.0% |
| SBI BSE 100 ETFSBI BSE 100 ETF (Regular) | ₹14,00,000 | ₹27,53,623 | ₹13,53,623 | 11.0% |
Aditya Birla Sun Life Flexi CapAditya Birla Sun Life Flexi Cap Fund (Direct)
SBI BSE 100 ETFSBI BSE 100 ETF (Regular)
Amount invested
From each plan's published NAV (Growth option), over the same days. Return a year: XIRR for a SIP, CAGR for a lumpsum, shown for a year or more. It does not include exit load, stamp duty or tax. Past returns do not promise future returns.
Aditya Birla Sun Life Flexi Cap vs SBI BSE 100 ETF: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Aditya Birla Sun Life Flexi Cap Fund (Direct) | SBI BSE 100 ETF (Regular) |
|---|---|---|
| Return (CAGR) | +1.05% | −9.05% |
| Standard deviation | 13.48% | 13.91% |
| Sharpe ratio | -0.31 | -1.03 |
| Sortino ratio | -0.42 | -1.36 |
| Maximum drawdown | −12.8% (31-03-2026) | −15.0% (31-03-2026) |
| Beta | 0.92 | 1.00 |
| Alpha | +7.39% | −0.16% |
From daily NAVs, 30-10-2025 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
| Measure | Aditya Birla Sun Life Flexi Cap Fund (Direct) | SBI BSE 100 ETF (Regular) |
|---|---|---|
| Return (CAGR) | +15.16% | +8.78% |
| Standard deviation | 13.27% | 13.55% |
| Sharpe ratio | 0.69 | 0.20 |
| Sortino ratio | 0.96 | 0.28 |
| Maximum drawdown | −17.0% (03-03-2025) | −16.7% (28-02-2025) |
| Beta | 0.91 | 1.00 |
| Alpha | +5.30% | −0.18% |
From daily NAVs, 30-10-2023 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
| Measure | Aditya Birla Sun Life Flexi Cap Fund (Direct) | SBI BSE 100 ETF (Regular) |
|---|---|---|
| Return (CAGR) | +10.79% | +7.62% |
| Standard deviation | 13.66% | 13.90% |
| Sharpe ratio | 0.37 | 0.13 |
| Sortino ratio | 0.50 | 0.18 |
| Maximum drawdown | −19.5% (20-06-2022) | −16.7% (28-02-2025) |
| Beta | 0.93 | 1.00 |
| Alpha | +2.18% | −0.17% |
From daily NAVs, 29-10-2021 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
| Measure | Aditya Birla Sun Life Flexi Cap Fund (Direct) | SBI BSE 100 ETF (Regular) |
|---|---|---|
| Return (CAGR) | +15.75% | +10.40% |
| Standard deviation | 15.82% | 15.99% |
| Sharpe ratio | 0.61 | 0.30 |
| Sortino ratio | 0.83 | 0.40 |
| Maximum drawdown | −38.6% (23-03-2020) | −38.2% (23-03-2020) |
| Beta | 0.97 | 1.00 |
| Alpha | +3.12% | −0.44% |
From daily NAVs, 02-01-2013 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
Drawdowns
How far below its previous high each one was on every day: the falls an investor had to sit through. 0% means it was at a new high.
Aditya Birla Sun Life Flexi Cap Fund (Direct)
SBI BSE 100 ETF (Regular)
Nifty 500 TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Aditya Birla Sun Life Flexi Cap Fund (Direct) | −38.6% | 13-02-2020 | 23-03-2020 | 11-11-2020 | 8 months | −5.5% |
| SBI BSE 100 ETF (Regular) | −38.2% | 17-01-2020 | 23-03-2020 | 09-11-2020 | 8 months | −10.6% |
| Nifty 500 TRI | −38.1% | 17-01-2020 | 23-03-2020 | 06-11-2020 | 7 months | −8.8% |
From daily values since 25-03-2015, the first day every fund has.
Rolling standard deviation
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 1-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
Aditya Birla Sun Life Flexi Cap Fund (Direct)
SBI BSE 100 ETF (Regular)
Nifty 500 TRI
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 3-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
Aditya Birla Sun Life Flexi Cap Fund (Direct)
SBI BSE 100 ETF (Regular)
Nifty 500 TRI
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 5-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
Aditya Birla Sun Life Flexi Cap Fund (Direct)
SBI BSE 100 ETF (Regular)
Nifty 500 TRI
Against Nifty 500 TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| Aditya Birla Sun Life Flexi Cap Fund (Direct) | 103% | 94% | 3.69% |
| SBI BSE 100 ETF (Regular) | 93% | 95% | 2.41% |
From month-end values since 25-03-2015. Up capture: a fund's average month when the benchmark rose, as % of the benchmark's; above 100% it gained more. Down capture: the same for months the benchmark fell; below 100% it fell less. Tracking error: how far the monthly returns strayed from the benchmark's, a year; an index fund aims near 0.
Aditya Birla Sun Life Flexi Cap vs SBI BSE 100 ETF: Portfolio Overlap
From each fund's latest monthly portfolio: Aditya Birla Sun Life Flexi Cap Fund, September 2026; SBI BSE 100 ETF, September 2026
Holdings in common
- Overlap
- 41.7%
- Held by both
- 36
- Only in Aditya Birla Sun Life Flexi Cap
- 44
- Only in SBI BSE 100 ETF
- 64
| Security | % of Aditya Birla Sun Life Flexi Cap | % of SBI BSE 100 ETF |
|---|---|---|
| ICICI Bank Ltd. | 5.60% | 7.24% |
| HDFC Bank Ltd. | 3.91% | 8.26% |
| Reliance Industries Ltd. | 2.42% | 6.01% |
| Kotak Mahindra Bank Ltd. | 3.55% | 2.34% |
| State Bank of India | 2.09% | 3.04% |
| Infosys Ltd. | 2.01% | 2.68% |
| Bharti Airtel Ltd. | 1.70% | 4.18% |
| Axis Bank Ltd. | 1.53% | 2.68% |
| Mahindra & Mahindra Ltd. | 1.41% | 2.01% |
| Larsen & Toubro Ltd. | 1.37% | 3.35% |
| Eternal Ltd. | 1.27% | 1.76% |
| Shriram Finance Ltd. | 1.76% | 1.04% |
| Hindalco Industries Ltd. | 1.72% | 1.03% |
| Adani Ports and Special Economic Zone Ltd. | 1.00% | 1.07% |
| HCL Technologies Ltd. | 1.80% | 0.99% |
| Maruti Suzuki India Ltd. | 0.90% | 1.18% |
| Bajaj Auto Ltd. | 1.10% | 0.88% |
| Grasim Industries Ltd. | 1.59% | 0.87% |
| Asian Paints Ltd. | 0.86% | 0.83% |
| Tech Mahindra Ltd. | 1.54% | 0.75% |
| Bajaj Finserv Ltd. | 1.30% | 0.74% |
| Trent Ltd. | 1.73% | 0.66% |
| Apollo Hospitals Enterprise Ltd. | 0.88% | 0.63% |
| The Federal Bank Ltd. | 1.56% | 0.60% |
| SBI Life Insurance Co. Ltd. | 1.46% | 0.58% |
| Cipla Ltd. | 0.68% | 0.58% |
| Cholamandalam Investment & Finance Co. Ltd. | 0.61% | 0.54% |
| Cummins India Ltd. | 0.65% | 0.49% |
| Tata Consumer Products Ltd. | 1.44% | 0.47% |
| Persistent Systems Ltd. | 1.58% | 0.44% |
| CG Power and Industrial Solutions Ltd. | 1.51% | 0.44% |
| AU Small Finance Bank Ltd. | 0.99% | 0.44% |
| United Spirits Ltd. | 1.81% | 0.30% |
| ICICI Lombard General Insurance Company Ltd. | 1.14% | 0.30% |
| SRF Ltd. | 1.19% | 0.27% |
| Godrej Consumer Products Ltd. | 1.34% | 0.26% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 41.7% means 41.7% of each fund's money sits in positions the other also holds. Matched by ISIN. Cash and hedged positions are left out.
Largest holdings only in Aditya Birla Sun Life Flexi Cap Fund
| Security | % of fund |
|---|---|
| Sona Blw Precision Forgings Ltd. | 1.99% |
| Bharat Forge Ltd. | 1.93% |
| Lenskart Solutions Ltd. | 1.90% |
| Mankind Pharma Ltd. | 1.85% |
| Ather Energy Ltd. | 1.68% |
Largest holdings only in SBI BSE 100 ETF
| Security | % of fund |
|---|---|
| Bajaj Finance Ltd. | 1.96% |
| ITC Ltd. | 1.94% |
| Tata Consultancy Services Ltd. | 1.58% |
| Sun Pharmaceutical Industries Ltd. | 1.50% |
| Titan Company Ltd. | 1.43% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Aditya Birla Sun Life Flexi Cap | SBI BSE 100 ETF |
|---|---|---|
| Equity | 97.9% | 100.0% |
| Debt | 0.0% | 0.0% |
| Cash and others | 2.1% | 0.0% |
Market cap of stocks
| Market cap | Aditya Birla Sun Life Flexi Cap | SBI BSE 100 ETF |
|---|---|---|
| Large Cap | 53.5% | 90.2% |
| Mid Cap | 26.8% | 9.7% |
| Small Cap | 16.7% | 0.0% |
| Not on AMFI's list | 0.9% | 0.0% |
Share of the whole fund. Groups follow AMFI's latest list: Large Cap is the 100 largest companies, Mid Cap the next 150, Small Cap the rest.
Largest sectors
| Sector | Aditya Birla Sun Life Flexi Cap | SBI BSE 100 ETF |
|---|---|---|
| Banks | 19.2% | 26.7% |
| IT - Software | 6.9% | 7.5% |
| Retailing | 6.8% | 3.3% |
| Petroleum Products | 3.5% | 6.8% |
| Automobiles | 5.1% | 6.5% |
| Finance | 5.8% | 5.8% |
| Industrial Products | 5.6% | 0.5% |
| Telecom - Services | 1.7% | 4.5% |
The six largest sectors of each fund's stocks, % of the fund.
Aditya Birla Sun Life Flexi Cap vs SBI BSE 100 ETF: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Aditya Birla Sun Life Flexi Cap Fund | SBI BSE 100 ETF |
|---|---|---|
| Total expense ratio (Direct) | 0.91% | Not available |
| Base expense ratio (Direct) | 0.70% | 0.00% |
| Total expense ratio (Regular) | 1.68% | 0.16% |
| Base expense ratio (Regular) | 1.36% | 0.12% |
The expense ratio comes out of the fund's assets every day, so every return on this page is already after it. Base expense ratio: the fund house's own fee. The total adds brokerage, transaction costs, and levies with GST.
More comparisons
Each fund against the others of its category
Compare Aditya Birla Sun Life Flexi Cap with
Aditya Birla Sun Life Flexi Cap Fund vs SBI BSE 100 ETF: Frequently Asked Questions
What is the difference between Aditya Birla Sun Life Flexi Cap Fund and SBI BSE 100 ETF?
Aditya Birla Sun Life Flexi Cap Fund is a Flexi Cap fund, SBI BSE 100 ETF is a mutual fund, run by Aditya Birla Sun Life Mutual Fund and SBI Mutual Fund. Their portfolios overlap 41.7%. Aditya Birla Sun Life Flexi Cap Fund charges 0.91% a year and SBI BSE 100 ETF 0.16%.
Which has given higher returns, Aditya Birla Sun Life Flexi Cap Fund or SBI BSE 100 ETF?
Over 1 year: Aditya Birla Sun Life Flexi Cap Fund +1.05%, SBI BSE 100 ETF −9.05%. Over 3 years: Aditya Birla Sun Life Flexi Cap Fund +15.16% a year, SBI BSE 100 ETF +8.78% a year. Over 5 years: Aditya Birla Sun Life Flexi Cap Fund +10.79% a year, SBI BSE 100 ETF +7.62% a year. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, Aditya Birla Sun Life Flexi Cap Fund or SBI BSE 100 ETF?
SBI BSE 100 ETF charges less: 0.16% a year against 0.91%. These are the total expense ratios reported to AMFI.
How much do Aditya Birla Sun Life Flexi Cap Fund and SBI BSE 100 ETF overlap?
41.7%. They hold 36 of the same securities, the largest shared ones being ICICIBANK, HDFCBANK, RELIANCE. From each fund's latest monthly portfolio.
Which is better for SIP, Aditya Birla Sun Life Flexi Cap Fund or SBI BSE 100 ETF?
Over the last 5 years, a monthly SIP of ₹10,000 from 01-10-2021 to 30-10-2026 grew to ₹8,29,752 in Aditya Birla Sun Life Flexi Cap Fund (XIRR 12.1% a year) and ₹7,13,638 in SBI BSE 100 ETF (XIRR 6.1% a year). Both received 61 instalments. Past returns do not promise future returns.
Can I invest in both Aditya Birla Sun Life Flexi Cap Fund and SBI BSE 100 ETF?
Yes. 41.7% of each fund's money sits in the same holdings, so a large part of the two investments would move together.
Sources: NAV and expense ratio from AMFI. Holdings from each fund house's monthly portfolio statement. Fund facts from each scheme summary document.
This page is information, not investment advice. Mutual fund investments are subject to market risks; read all scheme related documents carefully. Past returns do not promise future returns. Figures come from AMFI, NSE, BSE and each fund house's own documents.