Aditya Birla Sun Life Large Cap Fund vs HDFC NIFTY 100 ETF
Direct Plan where a fund has one, Growth option · Data as on 30-10-2026
Aditya Birla Sun Life Large Cap Fund is a Large Cap fund and HDFC NIFTY 100 ETF is an ETF fund. In the 3 years to 30-10-2026, Aditya Birla Sun Life Large Cap Fund (Direct) returned 9.8% a year and HDFC NIFTY 100 ETF returned 8.7% a year. Aditya Birla Sun Life Large Cap Fund charges 1.06% a year and HDFC NIFTY 100 ETF 0.31%. Their portfolios overlap 62.5%: they hold 45 of the same securities.
Aditya Birla Sun Life Large Cap Fund
Large Cap
- 3 year return
- 9.8%
- Expense ratio
- 1.06%
- NAV
- ₹554.53
Which is better, Aditya Birla Sun Life Large Cap or HDFC NIFTY 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 Large Cap returned more over 3 years: 9.8% a year against 8.7%.
- Aditya Birla Sun Life Large Cap returned more over 1 year: −8.0% against −9.0%.
- HDFC NIFTY 100 ETF costs less: 0.31% a year against 1.06%.
- Aditya Birla Sun Life Large Cap swung less over 3 years: a standard deviation of 12.9% a year against 13.7%.
- Aditya Birla Sun Life Large Cap fell less in its worst fall since 05-08-2022: −16.7% against −17.3%.
- HDFC NIFTY 100 ETF holds more in large companies: 98.0% of the fund in large caps against 80.3%.
- Aditya Birla Sun Life Large Cap is the larger fund: ₹27,933 Cr against ₹41 Cr.
- Their portfolios overlap 62.5%: 45 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 Large Cap Fund | HDFC NIFTY 100 ETF |
|---|---|---|
| Fund house | Aditya Birla Sun Life Mutual Fund | HDFC Mutual Fund |
| Category | Large Cap | ETF |
| AUM | ₹27,933 Cr (30-09-2026) | ₹41 Cr (30-09-2026) |
| NAV | ₹554.53 (Direct) | ₹24.81 |
| Expense ratio (Direct) | 1.06% | Not available |
| Expense ratio (Regular) | 1.69% | Not available |
| Riskometer | Very High | Very High |
| Benchmark | Nifty 100 TRI | Nifty 100 TRI |
| Launch date | 30-08-2002 | 05-08-2022 |
| Minimum investment | ₹100 | On an On-going Basis: A. On the Stock Exchange: All categories of investors may purchase the Units of the Scheme through the Stock Exchange(s) on which the units of the Scheme are listed, on any trading day in round lot of one (1) Unit and multiples there |
| Lock in | None | None |
| Fund managers | Harish Krishnan | Abhishek Mor, Arun Agarwal |
| Exit load | Exit load of 1% if redeemed within 90 days. | Not available |
Aditya Birla Sun Life Large Cap vs HDFC NIFTY 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 Large Cap Fund (Direct) | +1.01% | −4.72% | −1.21% | −8.04% | +9.80% | +8.26% | +11.35% |
| HDFC NIFTY 100 ETF | +1.02% | −5.38% | −3.12% | −8.99% | +8.73% | -- | -- |
| Large Cap average | +0.62% | −4.36% | −1.05% | −6.33% | +10.38% | +8.23% | +11.81% |
Category average: the average of the 35 Large Cap funds, same plan type.
Aditya Birla Sun Life Large Cap vs HDFC NIFTY 100 ETF: Year-wise Returns
| Year | Aditya Birla Sun Life Large CapAditya Birla Sun Life Large Cap | HDFC NIFTY 100 ETFHDFC NIFTY 100 ETF | Nifty 100 TRI |
|---|---|---|---|
| 2026to date | −8.70% | −9.57% | −9.32% |
| 2025 | +10.15% | +9.91% | +10.24% |
| 2024 | +16.34% | +12.55% | +12.95% |
| 2023 | +23.90% | +20.87% | +21.24% |
| 2022 | +4.24% | -- | +4.94% |
| 2021 | +28.76% | -- | +26.45% |
Aditya Birla Sun Life Large Cap vs HDFC NIFTY 100 ETF: Rolling Returns
Every holding period of both funds, against Nifty 100 TRI, the benchmark of both
Rolling returns
Every 3-year holding period, 304 of them, one for each trading day from 05-08-2025 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 Large Cap Fund (Direct)
HDFC NIFTY 100 ETF
Nifty 100 TRI
to
Sept 2025Nov 2022
to
Nov 2025Feb 2023
to
Feb 2026Apr 2023
to
Apr 2026Jul 2023
to
Jul 2026Sept 2023
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 Large Cap | 0.0 | 0.0 | 11.8 | 39.1 | 49.0 | 0.0 | 0.0 | 13.8% | 14.6% | 7.8% | 17.6% | 100% |
| HDFC NIFTY 100 ETF | 0.0 | 0.0 | 18.4 | 73.7 | 7.9 | 0.0 | 0.0 | 12.2% | 12.9% | 6.7% | 16.0% | 0% |
| Nifty 100 TRI | 0.0 | 0.0 | 14.1 | 73.0 | 12.8 | 0.0 | 0.0 | 12.5% | 13.2% | 7.1% | 16.3% | -- |
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 100 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 05-08-2022. Past returns do not promise future returns.
Aditya Birla Sun Life Large Cap vs HDFC NIFTY 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 01-08-2022 to 30-10-2026: 51 instalments, ₹5,10,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Aditya Birla Sun Life Large CapAditya Birla Sun Life Large Cap Fund (Direct) | ₹5,10,000 | ₹5,80,596 | ₹70,596 | 6.1% |
| HDFC NIFTY 100 ETFHDFC NIFTY 100 ETF | ₹5,10,000 | ₹5,61,269 | ₹51,269 | 4.5% |
Aditya Birla Sun Life Large CapAditya Birla Sun Life Large Cap Fund (Direct)
HDFC NIFTY 100 ETFHDFC NIFTY 100 ETF
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 Large Cap vs HDFC NIFTY 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 Large Cap Fund (Direct) | HDFC NIFTY 100 ETF |
|---|---|---|
| Return (CAGR) | −8.04% | −8.99% |
| Standard deviation | 13.59% | 14.04% |
| Sharpe ratio | -0.98 | -1.01 |
| Sortino ratio | -1.30 | -1.35 |
| Maximum drawdown | −15.6% (31-03-2026) | −15.0% (31-03-2026) |
| Beta | 0.97 | 1.00 |
| Alpha | +0.20% | −0.30% |
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 Large Cap Fund (Direct) | HDFC NIFTY 100 ETF |
|---|---|---|
| Return (CAGR) | +9.80% | +8.73% |
| Standard deviation | 12.95% | 13.69% |
| Sharpe ratio | 0.29 | 0.20 |
| Sortino ratio | 0.40 | 0.27 |
| Maximum drawdown | −16.7% (28-02-2025) | −17.3% (28-02-2025) |
| Beta | 0.94 | 1.00 |
| Alpha | +0.91% | −0.35% |
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 Large Cap Fund (Direct) | HDFC NIFTY 100 ETF |
|---|---|---|
| Return (CAGR) | +13.12% | +8.29% |
| Standard deviation | 15.17% | 12.92% |
| Sharpe ratio | 0.47 | 0.17 |
| Sortino ratio | 0.63 | 0.23 |
| Maximum drawdown | −37.7% (23-03-2020) | −17.3% (28-02-2025) |
| Beta | 0.95 | 1.00 |
| Alpha | +1.48% | −0.33% |
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 Large Cap Fund (Direct)
HDFC NIFTY 100 ETF
Nifty 100 TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Aditya Birla Sun Life Large Cap Fund (Direct) | −16.7% | 26-09-2024 | 28-02-2025 | 29-10-2025 | 8 months | −9.6% |
| HDFC NIFTY 100 ETF | −17.3% | 26-09-2024 | 28-02-2025 | Not yet | -- | −10.6% |
| Nifty 100 TRI | −17.2% | 26-09-2024 | 28-02-2025 | 02-01-2026 | 10 months | −10.1% |
From daily values since 05-08-2022, 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 Large Cap Fund (Direct)
HDFC NIFTY 100 ETF
Nifty 100 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 Large Cap Fund (Direct)
HDFC NIFTY 100 ETF
Nifty 100 TRI
Against Nifty 100 TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| Aditya Birla Sun Life Large Cap Fund (Direct) | 99% | 89% | 1.94% |
| HDFC NIFTY 100 ETF | 99% | 101% | 0.04% |
From month-end values since 05-08-2022. 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 Large Cap vs HDFC NIFTY 100 ETF: Portfolio Overlap
From each fund's latest monthly portfolio: Aditya Birla Sun Life Large Cap Fund, September 2026; HDFC NIFTY 100 ETF, September 2026
Holdings in common
- Overlap
- 62.5%
- Held by both
- 45
- Only in Aditya Birla Sun Life Large Cap
- 27
- Only in HDFC NIFTY 100 ETF
- 55
| Security | % of Aditya Birla Sun Life Large Cap | % of HDFC NIFTY 100 ETF |
|---|---|---|
| ICICI Bank Ltd. | 7.74% | 7.34% |
| HDFC Bank Ltd. | 7.32% | 8.41% |
| Reliance Industries Ltd. | 4.84% | 6.15% |
| Bharti Airtel Ltd. | 3.15% | 4.14% |
| Larsen & Toubro Ltd. | 3.13% | 3.41% |
| State Bank of India | 3.40% | 3.07% |
| Axis Bank Ltd. | 2.94% | 2.73% |
| Infosys Ltd. | 3.20% | 2.72% |
| Kotak Mahindra Bank Ltd. | 4.11% | 2.38% |
| Mahindra & Mahindra Ltd. | 3.06% | 2.04% |
| Eternal Ltd. | 2.81% | 1.80% |
| Titan Company Ltd. | 1.23% | 1.47% |
| Shriram Finance Ltd. | 1.64% | 1.07% |
| Bajaj Finance Ltd. | 1.07% | 2.03% |
| Hindalco Industries Ltd. | 1.69% | 1.06% |
| Sun Pharmaceutical Industries Ltd. | 1.04% | 1.49% |
| Maruti Suzuki India Ltd. | 1.01% | 1.21% |
| HCL Technologies Ltd. | 1.40% | 1.00% |
| NTPC Ltd. | 0.99% | 1.19% |
| Bajaj Auto Ltd. | 1.42% | 0.92% |
| Grasim Industries Ltd. | 1.30% | 0.89% |
| Bajaj Finserv Ltd. | 1.24% | 0.78% |
| TVS Motor Company Ltd. | 1.19% | 0.75% |
| Tech Mahindra Ltd. | 1.16% | 0.75% |
| Hindustan Unilever Ltd. | 0.74% | 1.29% |
| Trent Ltd. | 1.73% | 0.68% |
| Apollo Hospitals Enterprise Ltd. | 0.88% | 0.65% |
| Hindustan Aeronautics Ltd. | 0.63% | 0.69% |
| SBI Life Insurance Co. Ltd. | 1.68% | 0.59% |
| Samvardhana Motherson International Ltd. | 1.04% | 0.56% |
| Vedanta Aluminium Metal Ltd. | 1.12% | 0.54% |
| Cholamandalam Investment & Finance Co. Ltd. | 0.74% | 0.54% |
| Cummins India Ltd. | 0.62% | 0.50% |
| Adani Power Ltd. | 0.49% | 0.66% |
| Bharat Petroleum Corporation Ltd. | 0.53% | 0.47% |
| Britannia Industries Ltd. | 1.31% | 0.44% |
| HDFC Life Insurance Company Ltd. | 0.57% | 0.43% |
| Adani Energy Solutions Ltd. | 1.55% | 0.33% |
| Jindal Steel Ltd. | 1.32% | 0.33% |
| DLF Ltd. | 0.60% | 0.33% |
| Varun Beverages Ltd. | 0.30% | 0.46% |
| Vedanta Ltd. | 0.30% | 0.35% |
| Godrej Consumer Products Ltd. | 1.16% | 0.26% |
| Ambuja Cements Ltd. | 0.68% | 0.18% |
| CG Power and Industrial Solutions Ltd. | 0.17% | 0.45% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 62.5% means 62.5% 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 Large Cap Fund
| Security | % of fund |
|---|---|
| United Spirits Ltd. | 1.88% |
| Sona Blw Precision Forgings Ltd. | 1.49% |
| PNB Housing Finance Ltd. | 1.43% |
| Lenskart Solutions Ltd. | 1.40% |
| Persistent Systems Ltd. | 1.37% |
Largest holdings only in HDFC NIFTY 100 ETF
| Security | % of fund |
|---|---|
| ITC LIMITED | 1.96% |
| Tata Consultancy Services Ltd. | 1.62% |
| Tata Steel Ltd. | 1.18% |
| Adani Ports & Special Economic Zone | 1.09% |
| Bharat Electronics Ltd. | 1.08% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Aditya Birla Sun Life Large Cap | HDFC NIFTY 100 ETF |
|---|---|---|
| Equity | 99.2% | 100.0% |
| Debt | 0.1% | 0.0% |
| Cash and others | 0.6% | 0.0% |
Market cap of stocks
| Market cap | Aditya Birla Sun Life Large Cap | HDFC NIFTY 100 ETF |
|---|---|---|
| Large Cap | 80.3% | 98.0% |
| Mid Cap | 12.7% | 2.0% |
| Small Cap | 5.8% | 0.0% |
| Not on AMFI's list | 0.5% | 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 Large Cap | HDFC NIFTY 100 ETF |
|---|---|---|
| Banks | 26.8% | 25.1% |
| Retailing | 7.2% | 3.0% |
| IT - Software | 7.1% | 6.7% |
| Finance | 7.0% | 6.2% |
| Petroleum Products | 5.4% | 7.0% |
| Automobiles | 6.7% | 6.4% |
| Telecom - Services | 3.1% | 4.4% |
The six largest sectors of each fund's stocks, % of the fund.
Aditya Birla Sun Life Large Cap vs HDFC NIFTY 100 ETF: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Aditya Birla Sun Life Large Cap Fund | HDFC NIFTY 100 ETF |
|---|---|---|
| Total expense ratio (Direct) | 1.06% | Not available |
| Base expense ratio (Direct) | 0.82% | 0.00% |
| Total expense ratio (Regular) | 1.69% | Not available |
| Base expense ratio (Regular) | 1.36% | 0.25% |
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 Large Cap with
Aditya Birla Sun Life Large Cap Fund vs HDFC NIFTY 100 ETF: Frequently Asked Questions
What is the difference between Aditya Birla Sun Life Large Cap Fund and HDFC NIFTY 100 ETF?
Aditya Birla Sun Life Large Cap Fund is a Large Cap fund, HDFC NIFTY 100 ETF is an ETF fund, run by Aditya Birla Sun Life Mutual Fund and HDFC Mutual Fund. Their portfolios overlap 62.5%. Aditya Birla Sun Life Large Cap Fund charges 1.06% a year and HDFC NIFTY 100 ETF 0.31%.
Which has given higher returns, Aditya Birla Sun Life Large Cap Fund or HDFC NIFTY 100 ETF?
Over 1 year: Aditya Birla Sun Life Large Cap Fund −8.04%, HDFC NIFTY 100 ETF −8.99%. Over 3 years: Aditya Birla Sun Life Large Cap Fund +9.80% a year, HDFC NIFTY 100 ETF +8.73% a year. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, Aditya Birla Sun Life Large Cap Fund or HDFC NIFTY 100 ETF?
HDFC NIFTY 100 ETF charges less: 0.31% a year against 1.06%. These are the total expense ratios reported to AMFI.
How much do Aditya Birla Sun Life Large Cap Fund and HDFC NIFTY 100 ETF overlap?
62.5%. They hold 45 of the same securities, the largest shared ones being ICICIBANK, HDFCBANK, RELIANCE. From each fund's latest monthly portfolio.
Which is riskier, Aditya Birla Sun Life Large Cap Fund or HDFC NIFTY 100 ETF?
On SEBI's riskometer, Aditya Birla Sun Life Large Cap Fund is rated Very High and HDFC NIFTY 100 ETF Very High. Over 3 years, the standard deviation of daily returns was 12.95% and 13.69% a year.
Which is better for SIP, Aditya Birla Sun Life Large Cap Fund or HDFC NIFTY 100 ETF?
Over the last 3 years, a monthly SIP of ₹10,000 from 03-10-2023 to 30-10-2026 grew to ₹3,79,437 in Aditya Birla Sun Life Large Cap Fund (XIRR 1.6% a year) and ₹3,71,409 in HDFC NIFTY 100 ETF (XIRR 0.2% a year). Both received 37 instalments. Past returns do not promise future returns.
Can I invest in both Aditya Birla Sun Life Large Cap Fund and HDFC NIFTY 100 ETF?
Yes. 62.5% of each fund's money sits in the same holdings, so a large part of the two investments would move together.
Who manages Aditya Birla Sun Life Large Cap Fund and HDFC NIFTY 100 ETF?
Aditya Birla Sun Life Large Cap Fund: Harish Krishnan. HDFC NIFTY 100 ETF: Abhishek Mor, Arun Agarwal.
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.