Aditya Birla Sun Life MNC Fund vs Motilal Oswal Nifty MNC ETF
Direct Plan where a fund has one, Growth option · Data as on 29-10-2026
Aditya Birla Sun Life MNC Fund is a Thematic fund and Motilal Oswal Nifty MNC ETF is an ETF fund. Aditya Birla Sun Life MNC Fund charges 1.48% a year and Motilal Oswal Nifty MNC ETF 0.62%. Their portfolios overlap 49.2%: they hold 23 of the same securities.
Aditya Birla Sun Life MNC Fund
Thematic
- Expense ratio
- 1.48%
- NAV
- ₹1,328.73
Which is better, Aditya Birla Sun Life MNC or Motilal Oswal Nifty MNC ETF? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Motilal Oswal Nifty MNC ETF costs less: 0.62% a year against 1.48%.
- Aditya Birla Sun Life MNC fell less in its worst fall since 04-12-2025: −14.6% against −18.0%.
- Motilal Oswal Nifty MNC ETF holds more in large companies: 65.8% of the fund in large caps against 32.6%.
- Aditya Birla Sun Life MNC is the larger fund: ₹3,029 Cr against ₹2 Cr.
- Their portfolios overlap 49.2%: 23 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 MNC Fund | Motilal Oswal Nifty MNC ETF |
|---|---|---|
| Fund house | Aditya Birla Sun Life Mutual Fund | Motilal Oswal Mutual Fund |
| Category | Thematic | ETF |
| AUM | ₹3,029 Cr (30-09-2026) | ₹2 Cr (30-09-2026) |
| NAV | ₹1,328.73 (Direct) | ₹28.40 |
| Expense ratio (Direct) | 1.48% | Not available |
| Expense ratio (Regular) | 2.11% | Not available |
| Riskometer | Very High | Very High |
| Benchmark | Nifty MNC TRI | Nifty MNC TRI |
| Launch date | 27-12-1999 | 01-12-2025 |
| Minimum investment | ₹1,000 | Ongoing Basis: On Exchange: Investors can buy/sell units of the Scheme in round lots of 1 unit and in multiples thereof. Directly with the Mutual Fund: For Eligible investors: Transactions must be in multiple of unit creation size and the execution value |
| Lock in | None | None |
| Fund managers | Chanchal Khandelwal | Swapnil Mayekar, Dishant Mehta, Rakesh Shetty |
| Exit load | Exit load of 1%, if redeemed within 90 days. | Nil |
Aditya Birla Sun Life MNC vs Motilal Oswal Nifty MNC 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 MNC Fund (Direct) | −4.05% | −10.05% | −7.06% | −14.09% | +5.12% | +4.90% | +7.73% |
| Motilal Oswal Nifty MNC ETF | −6.25% | −13.22% | −10.47% | -- | -- | -- | -- |
| Thematic average | −2.09% | −4.52% | +0.86% | −1.22% | +13.76% | +11.62% | +13.76% |
Category average: the average of the 235 Thematic funds, same plan type.
Aditya Birla Sun Life MNC vs Motilal Oswal Nifty MNC ETF: Year-wise Returns
| Year | Aditya Birla Sun Life MNCAditya Birla Sun Life MNC | Motilal Oswal Nifty MNC ETFMotilal Oswal Nifty MNC ETF | Nifty MNC TRI |
|---|---|---|---|
| 2026to date | −10.83% | −6.51% | −5.55% |
| 2025 | −0.26% | -- | +10.75% |
| 2024 | +18.03% | -- | +16.63% |
| 2023 | +24.02% | -- | +24.10% |
| 2022 | −4.12% | -- | +3.83% |
| 2021 | +12.83% | -- | +24.64% |
Aditya Birla Sun Life MNC vs Motilal Oswal Nifty MNC ETF: Rolling Returns
Every holding period of both funds, against Nifty MNC TRI, the benchmark of both
Aditya Birla Sun Life MNC vs Motilal Oswal Nifty MNC 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 MNC Fund (Direct) | Motilal Oswal Nifty MNC ETF |
|---|---|---|
| Return (CAGR) | +12.33% | −6.14% |
| Standard deviation | 13.06% | 16.17% |
| Sharpe ratio | 0.48 | -0.70 |
| Sortino ratio | 0.65 | -0.91 |
| Maximum drawdown | −32.4% (23-03-2020) | −18.0% (23-10-2026) |
| Beta | 0.71 | 1.00 |
| Alpha | +0.89% | −0.68% |
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 MNC Fund (Direct)
Motilal Oswal Nifty MNC ETF
Nifty MNC TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Aditya Birla Sun Life MNC Fund (Direct) | −14.6% | 05-01-2026 | 31-03-2026 | 05-08-2026 | 4 months | −12.1% |
| Motilal Oswal Nifty MNC ETF | −18.0% | 10-08-2026 | 23-10-2026 | Not yet | -- | −16.1% |
| Nifty MNC TRI | −17.9% | 10-08-2026 | 23-10-2026 | Not yet | -- | −16.0% |
From daily values since 04-12-2025, the first day every fund has.
Aditya Birla Sun Life MNC vs Motilal Oswal Nifty MNC ETF: Portfolio Overlap
From each fund's latest monthly portfolio: Aditya Birla Sun Life MNC Fund, September 2026; Motilal Oswal Nifty MNC ETF, September 2026
Holdings in common
- Overlap
- 49.2%
- Held by both
- 23
- Only in Aditya Birla Sun Life MNC
- 38
- Only in Motilal Oswal Nifty MNC ETF
- 7
| Security | % of Aditya Birla Sun Life MNC | % of Motilal Oswal Nifty MNC ETF |
|---|---|---|
| Maruti Suzuki India Ltd. | 4.74% | 10.16% |
| Hindustan Unilever Ltd. | 3.82% | 9.93% |
| United Spirits Ltd. | 4.04% | 3.73% |
| Britannia Industries Ltd. | 3.61% | 5.29% |
| Nestle India Ltd. | 3.54% | 8.76% |
| Bosch Ltd. | 3.39% | 3.73% |
| Cummins India Ltd. | 3.03% | 5.99% |
| Vedanta Aluminium Metal Ltd. | 2.92% | 6.53% |
| Hyundai Motor India Ltd. | 2.26% | 2.69% |
| Gland Pharma Ltd. | 3.40% | 2.16% |
| ABB India Ltd. | 1.92% | 3.31% |
| Siemens Ltd. | 1.64% | 3.07% |
| Ambuja Cements Ltd. | 1.61% | 2.17% |
| Ashok Leyland Ltd. | 1.47% | 4.11% |
| Schaeffler India Ltd. | 2.57% | 1.46% |
| LG Electronics India Ltd. | 1.37% | 1.64% |
| Vedanta Ltd. | 1.28% | 4.25% |
| Timken India Ltd. | 1.25% | 1.05% |
| Abbott India Ltd. | 1.03% | 1.31% |
| CRISIL Ltd. | 2.13% | 1.02% |
| Escorts Kubota Ltd. | 0.99% | 0.84% |
| United Breweries Ltd. | 1.96% | 0.78% |
| Oracle Financial Services Software Ltd. | 0.53% | 2.39% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 49.2% means 49.2% 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 MNC Fund
| Security | % of fund |
|---|---|
| 3M India Ltd. | 2.13% |
| Honeywell Automation India Ltd. | 1.99% |
| Pfizer Ltd. | 1.97% |
| Grindwell Norton Ltd. | 1.90% |
| Asahi India Glass Ltd. | 1.85% |
Largest holdings only in Motilal Oswal Nifty MNC ETF
| Security | % of fund |
|---|---|
| Hitachi Energy India Limited | 3.64% |
| Siemens Energy India Limited | 2.63% |
| Colgate Palmolive (India) Limited | 2.17% |
| Nippon Life India Asset Management Limited | 1.80% |
| Linde India Limited | 1.25% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Aditya Birla Sun Life MNC | Motilal Oswal Nifty MNC ETF |
|---|---|---|
| Equity | 99.4% | 99.7% |
| Debt | 0.0% | 0.0% |
| Cash and others | 0.6% | 0.3% |
Market cap of stocks
| Market cap | Aditya Birla Sun Life MNC | Motilal Oswal Nifty MNC ETF |
|---|---|---|
| Large Cap | 32.6% | 65.8% |
| Mid Cap | 31.2% | 27.8% |
| Small Cap | 35.0% | 6.0% |
| Foreign stocks | 0.6% | 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 MNC | Motilal Oswal Nifty MNC ETF |
|---|---|---|
| Food Products | 7.7% | 14.1% |
| Automobiles | 7.0% | 12.8% |
| Electrical Equipment | 5.3% | 12.7% |
| Pharmaceuticals & Biotechnology | 11.1% | 3.5% |
| Auto Components | 10.8% | 5.2% |
| Diversified FMCG | 3.8% | 9.9% |
| Industrial Products | 7.0% | 7.0% |
| Non - Ferrous Metals | 2.9% | 6.5% |
| Beverages | 6.0% | 4.5% |
The six largest sectors of each fund's stocks, % of the fund.
Aditya Birla Sun Life MNC vs Motilal Oswal Nifty MNC ETF: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Aditya Birla Sun Life MNC Fund | Motilal Oswal Nifty MNC ETF |
|---|---|---|
| Total expense ratio (Direct) | 1.48% | Not available |
| Base expense ratio (Direct) | 1.14% | 0.00% |
| Total expense ratio (Regular) | 2.11% | Not available |
| Base expense ratio (Regular) | 1.68% | 0.45% |
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 MNC with
Aditya Birla Sun Life MNC Fund vs Motilal Oswal Nifty MNC ETF: Frequently Asked Questions
What is the difference between Aditya Birla Sun Life MNC Fund and Motilal Oswal Nifty MNC ETF?
Aditya Birla Sun Life MNC Fund is a Thematic fund, Motilal Oswal Nifty MNC ETF is an ETF fund, run by Aditya Birla Sun Life Mutual Fund and Motilal Oswal Mutual Fund. Their portfolios overlap 49.2%. Aditya Birla Sun Life MNC Fund charges 1.48% a year and Motilal Oswal Nifty MNC ETF 0.62%.
Which has the lower expense ratio, Aditya Birla Sun Life MNC Fund or Motilal Oswal Nifty MNC ETF?
Motilal Oswal Nifty MNC ETF charges less: 0.62% a year against 1.48%. These are the total expense ratios reported to AMFI.
How much do Aditya Birla Sun Life MNC Fund and Motilal Oswal Nifty MNC ETF overlap?
49.2%. They hold 23 of the same securities, the largest shared ones being MARUTI, HINDUNILVR, UNITDSPR. From each fund's latest monthly portfolio.
Which is riskier, Aditya Birla Sun Life MNC Fund or Motilal Oswal Nifty MNC ETF?
On SEBI's riskometer, Aditya Birla Sun Life MNC Fund is rated Very High and Motilal Oswal Nifty MNC ETF Very High. Over their common history, the standard deviation of daily returns was 13.06% and 16.17% a year.
Can I invest in both Aditya Birla Sun Life MNC Fund and Motilal Oswal Nifty MNC ETF?
Yes. 49.2% 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 MNC Fund and Motilal Oswal Nifty MNC ETF?
Aditya Birla Sun Life MNC Fund: Chanchal Khandelwal. Motilal Oswal Nifty MNC ETF: Swapnil Mayekar, Dishant Mehta, Rakesh Shetty.
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.