Aditya Birla Sun Life International Equity Fund vs Motilal Oswal Manufacturing Fund
Direct Plan, Growth option · Data as on 29-10-2026
Aditya Birla Sun Life International Equity Fund is a Thematic fund and Motilal Oswal Manufacturing Fund is a Thematic fund. In the year to 30-10-2026, Aditya Birla Sun Life International Equity Fund (Direct) returned 14.0% and Motilal Oswal Manufacturing Fund (Direct) returned −3.9%. Aditya Birla Sun Life International Equity Fund charges 2.00% a year and Motilal Oswal Manufacturing Fund 1.93% (Direct plans). Their portfolios overlap 0.0%: they hold 0 of the same securities.
Aditya Birla Sun Life International Equity Fund
Thematic
- 1 year return
- 14.0%
- Expense ratio
- 2.00%
- NAV
- ₹56.75
Motilal Oswal Manufacturing Fund
Thematic
- 1 year return
- −3.9%
- Expense ratio
- 1.93%
- NAV
- ₹11.38
Which is better, Aditya Birla Sun Life International Equity or Motilal Oswal Manufacturing? 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 International Equity returned more over 1 year: 14.0% against −3.9%.
- Motilal Oswal Manufacturing costs less: 1.93% a year against 2.00% (Direct plans).
- Aditya Birla Sun Life International Equity fell less in its worst fall since 14-08-2024: −13.9% against −26.2%.
- Aditya Birla Sun Life International Equity holds 93.5% of the fund in foreign stocks; Motilal Oswal Manufacturing 0.0%.
- Motilal Oswal Manufacturing holds more in large companies: 40.6% of the fund in large caps against 0.0%.
- Motilal Oswal Manufacturing is the larger fund: ₹669 Cr against ₹352 Cr.
- Their portfolios overlap 0.0%: 0 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 International Equity Fund | Motilal Oswal Manufacturing Fund |
|---|---|---|
| Fund house | Aditya Birla Sun Life Mutual Fund | Motilal Oswal Mutual Fund |
| Category | Thematic | Thematic |
| AUM | ₹352 Cr (30-09-2026) | ₹669 Cr (30-09-2026) |
| NAV | ₹56.75 (Direct) | ₹11.38 (Direct) |
| Expense ratio (Direct) | 2.00% | 1.93% |
| Expense ratio (Regular) | 2.55% | 3.22% |
| Riskometer | Very High | Very High |
| Benchmark | S&P Global 1200 TRI | Nifty India Manufacturing TRI |
| Launch date | 31-10-2007 | 08-08-2024 |
| Minimum investment | ₹1,000 | ₹500 |
| Lock in | None | None |
| Fund managers | Dhaval Joshi | Ajay Khandelwal, Niket Shah, Santosh Singh, Atul Mehra, Rakesh Shetty, Sunil Sawant |
| Exit load | Exit load of 1%, if redeemed within 30 days. | 1% - If redeemed on or before 3 Months from the date of allotment. Nil - If redeemed after 3 Months from the date of allotment. |
Aditya Birla Sun Life International Equity vs Motilal Oswal Manufacturing: 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 International Equity Fund (Direct) | −1.59% | +3.00% | +4.05% | +13.97% | +24.46% | +11.86% | +13.70% |
| Motilal Oswal Manufacturing Fund (Direct) | −2.50% | −1.74% | +1.46% | −3.90% | -- | -- | -- |
| Thematic average | −2.09% | −4.52% | +0.86% | −1.22% | -- | -- | -- |
Category average: the average of the 235 Thematic funds, same plan type.
Aditya Birla Sun Life International Equity vs Motilal Oswal Manufacturing: Year-wise Returns
| Year | Aditya Birla Sun Life International EquityAditya Birla Sun Life International Equity | Motilal Oswal ManufacturingMotilal Oswal Manufacturing |
|---|---|---|
| 2026to date | +12.49% | −0.16% |
| 2025 | +35.28% | −3.72% |
| 2024 | +8.06% | -- |
| 2023 | +9.37% | -- |
| 2022 | −1.36% | -- |
| 2021 | +14.47% | -- |
Aditya Birla Sun Life International Equity vs Motilal Oswal Manufacturing: Rolling Returns
Every holding period of both funds, against Nifty India Manufacturing TRI, the benchmark of Motilal Oswal Manufacturing Fund
Rolling returns
Every 1-year holding period, 297 of them, one for each trading day from 14-08-2025 to 29-10-2026: 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 International Equity Fund (Direct)
Motilal Oswal Manufacturing Fund (Direct)
Nifty India Manufacturing TRI
to
Sept 2025Dec 2024
to
Dec 2025Feb 2025
to
Feb 2026May 2025
to
May 2026Jul 2025
to
Jul 2026Sept 2025
to
Sept 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 International Equity | 0.0 | 0.0 | 0.0 | 1.7 | 9.4 | 18.5 | 70.4 | 28.3% | 28.2% | 13.9% | 41.5% | 98% |
| Motilal Oswal Manufacturing | 21.6 | 25.0 | 27.4 | 20.3 | 4.1 | 1.7 | 0.0 | 5.4% | 5.6% | −7.5% | 24.0% | 20% |
| Nifty India Manufacturing TRI | 13.5 | 10.4 | 17.5 | 33.0 | 15.8 | 7.4 | 2.4 | 10.4% | 11.2% | −5.7% | 29.7% | -- |
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 India Manufacturing 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 14-08-2024. Past returns do not promise future returns.
Aditya Birla Sun Life International Equity vs Motilal Oswal Manufacturing: 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 01-08-2024 to 29-10-2026: 27 instalments, ₹2,70,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Aditya Birla Sun Life International EquityAditya Birla Sun Life International Equity Fund (Direct) | ₹2,70,000 | ₹3,36,634 | ₹66,634 | 20.3% |
| Motilal Oswal ManufacturingMotilal Oswal Manufacturing Fund (Direct) | ₹2,70,000 | ₹2,79,450 | ₹9,450 | 3.0% |
Aditya Birla Sun Life International EquityAditya Birla Sun Life International Equity Fund (Direct)
Motilal Oswal ManufacturingMotilal Oswal Manufacturing Fund (Direct)
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 International Equity vs Motilal Oswal Manufacturing: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Aditya Birla Sun Life International Equity Fund (Direct) | Motilal Oswal Manufacturing Fund (Direct) |
|---|---|---|
| Return (CAGR) | +13.97% | −3.90% |
| Standard deviation | 13.70% | 17.13% |
| Sharpe ratio | 0.64 | -0.53 |
| Sortino ratio | 0.89 | -0.72 |
| Maximum drawdown | −8.3% (30-03-2026) | −15.3% (31-03-2026) |
| Beta | -- | 0.98 |
| Alpha | -- | −2.36% |
From daily NAVs, 29-10-2025 to 29-10-2026. 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 International Equity Fund (Direct) | Motilal Oswal Manufacturing Fund (Direct) |
|---|---|---|
| Return (CAGR) | +11.96% | +5.67% |
| Standard deviation | 14.26% | 19.31% |
| Sharpe ratio | 0.41 | -0.00 |
| Sortino ratio | 0.58 | -0.01 |
| Maximum drawdown | −27.5% (24-03-2020) | −26.2% (28-02-2025) |
| Beta | -- | 1.05 |
| Alpha | -- | +4.03% |
From daily NAVs, 02-01-2013 to 29-10-2026. 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 International Equity Fund (Direct)
Motilal Oswal Manufacturing Fund (Direct)
Nifty India Manufacturing TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Aditya Birla Sun Life International Equity Fund (Direct) | −13.9% | 05-03-2025 | 07-04-2025 | 13-05-2025 | 36 days | −3.4% |
| Motilal Oswal Manufacturing Fund (Direct) | −26.2% | 03-01-2025 | 28-02-2025 | 16-09-2025 | 7 months | −7.3% |
| Nifty India Manufacturing TRI | −23.0% | 27-09-2024 | 07-04-2025 | 05-01-2026 | 9 months | −10.5% |
From daily values since 14-08-2024, 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 International Equity Fund (Direct)
Motilal Oswal Manufacturing Fund (Direct)
Nifty India Manufacturing TRI
Against Nifty India Manufacturing TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| Aditya Birla Sun Life International Equity Fund (Direct) | 58% | -22% | 17.66% |
| Motilal Oswal Manufacturing Fund (Direct) | 113% | 90% | 14.17% |
From month-end values since 14-08-2024. 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 International Equity vs Motilal Oswal Manufacturing: Portfolio Overlap
From each fund's latest monthly portfolio: Aditya Birla Sun Life International Equity Fund, September 2026; Motilal Oswal Manufacturing Fund, September 2026
Holdings in common
- Overlap
- 0.0%
- Held by both
- 0
- Only in Aditya Birla Sun Life International Equity
- 0
- Only in Motilal Oswal Manufacturing
- 33
Overlap: for each holding both funds own, the smaller of its two weights, added up. 0.0% means 0.0% 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 International Equity Fund
Every holding of this fund is also held by the other.
Largest holdings only in Motilal Oswal Manufacturing Fund
| Security | % of fund |
|---|---|
| Solar Industries India Limited | 7.13% |
| ABB India Limited | 5.63% |
| Bosch Limited | 5.12% |
| Samvardhana Motherson International Limited | 4.93% |
| Sun Pharmaceutical Industries Limited | 4.55% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Aditya Birla Sun Life International Equity | Motilal Oswal Manufacturing |
|---|---|---|
| Equity | 93.5% | 95.5% |
| Debt | 0.0% | 0.0% |
| Cash and others | 6.5% | 4.5% |
Market cap of stocks
| Market cap | Aditya Birla Sun Life International Equity | Motilal Oswal Manufacturing |
|---|---|---|
| Large Cap | 0.0% | 40.6% |
| Mid Cap | 0.0% | 24.0% |
| Small Cap | 0.0% | 21.8% |
| Foreign stocks | 93.5% | 0.0% |
| Not on AMFI's list | 0.0% | 9.1% |
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 International Equity | Motilal Oswal Manufacturing |
|---|---|---|
| Electrical Equipment | 2.5% | 19.4% |
| Pharmaceuticals & Biotechnology | 8.3% | 18.0% |
| Auto Components | 0.0% | 16.6% |
| IT - Software | 15.0% | 0.0% |
| Chemicals & Petrochemicals | 1.6% | 11.8% |
| Industrial Products | 1.0% | 7.7% |
| IT - Hardware | 7.7% | 0.0% |
| Consumer Durables | 1.1% | 6.8% |
| Retailing | 6.6% | 0.0% |
| Banks | 5.5% | 0.0% |
| Industrial Manufacturing | 5.2% | 2.6% |
The six largest sectors of each fund's stocks, % of the fund.
Aditya Birla Sun Life International Equity vs Motilal Oswal Manufacturing: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Aditya Birla Sun Life International Equity Fund | Motilal Oswal Manufacturing Fund |
|---|---|---|
| Total expense ratio (Direct) | 2.00% | 1.93% |
| Base expense ratio (Direct) | 1.60% | 0.87% |
| Total expense ratio (Regular) | 2.55% | 3.22% |
| Base expense ratio (Regular) | 2.08% | 2.06% |
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 International Equity with
Aditya Birla Sun Life International Equity Fund vs Motilal Oswal Manufacturing Fund: Frequently Asked Questions
What is the difference between Aditya Birla Sun Life International Equity Fund and Motilal Oswal Manufacturing Fund?
Aditya Birla Sun Life International Equity Fund is a Thematic fund, Motilal Oswal Manufacturing Fund is a Thematic fund, run by Aditya Birla Sun Life Mutual Fund and Motilal Oswal Mutual Fund. Their portfolios overlap 0.0%. Aditya Birla Sun Life International Equity Fund charges 2.00% a year and Motilal Oswal Manufacturing Fund 1.93%.
Which has given higher returns, Aditya Birla Sun Life International Equity Fund or Motilal Oswal Manufacturing Fund?
Over 1 year: Aditya Birla Sun Life International Equity Fund +13.97%, Motilal Oswal Manufacturing Fund −3.90%. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, Aditya Birla Sun Life International Equity Fund or Motilal Oswal Manufacturing Fund?
Motilal Oswal Manufacturing Fund charges less: 1.93% a year against 2.00%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Aditya Birla Sun Life International Equity Fund and Motilal Oswal Manufacturing Fund overlap?
0.0%. They hold 0 of the same securities. From each fund's latest monthly portfolio.
Which is riskier, Aditya Birla Sun Life International Equity Fund or Motilal Oswal Manufacturing Fund?
On SEBI's riskometer, Aditya Birla Sun Life International Equity Fund is rated Very High and Motilal Oswal Manufacturing Fund Very High. Over 1 years, the standard deviation of daily returns was 13.70% and 17.13% a year.
Can I invest in both Aditya Birla Sun Life International Equity Fund and Motilal Oswal Manufacturing Fund?
Yes. 0.0% of each fund's money sits in the same holdings, so the two hold mostly different investments.
Who manages Aditya Birla Sun Life International Equity Fund and Motilal Oswal Manufacturing Fund?
Aditya Birla Sun Life International Equity Fund: Dhaval Joshi. Motilal Oswal Manufacturing Fund: Ajay Khandelwal, Niket Shah, Santosh Singh, Atul Mehra, Rakesh Shetty, Sunil Sawant.
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.