Aditya Birla Sun Life MNC Fund vs UTI - MNC Fund
Direct Plan, Growth option · Data as on 29-10-2026
Aditya Birla Sun Life MNC Fund is a Thematic fund and UTI - MNC Fund is a Thematic fund. In the 3 years to 30-10-2026, Aditya Birla Sun Life MNC Fund (Direct) returned 5.1% a year and UTI - MNC Fund (Direct) returned 7.7% a year. Aditya Birla Sun Life MNC Fund charges 1.48% a year and UTI - MNC Fund 1.54% (Direct plans). Their portfolios overlap 48.2%: they hold 31 of the same securities.
Aditya Birla Sun Life MNC Fund
Thematic
- 3 year return
- 5.1%
- Expense ratio
- 1.48%
- NAV
- ₹1,328.73
Which is better, Aditya Birla Sun Life MNC or UTI - MNC? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- UTI - MNC returned more over 5 years: 7.0% a year against 4.9%.
- UTI - MNC returned more over 3 years: 7.7% a year against 5.1%.
- Aditya Birla Sun Life MNC costs less: 1.48% a year against 1.54% (Direct plans).
- UTI - MNC swung less over 3 years: a standard deviation of 12.0% a year against 12.5%.
- UTI - MNC fell less in its worst fall since 02-01-2013: −31.6% against −32.4%.
- Aditya Birla Sun Life MNC is the larger fund: ₹3,029 Cr against ₹2,619 Cr.
- Their portfolios overlap 48.2%: 31 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 | UTI - MNC Fund |
|---|---|---|
| Fund house | Aditya Birla Sun Life Mutual Fund | UTI Mutual Fund |
| Category | Thematic | Thematic |
| AUM | ₹3,029 Cr (30-09-2026) | ₹2,619 Cr (30-09-2026) |
| NAV | ₹1,328.73 (Direct) | ₹420.15 (Direct) |
| Expense ratio (Direct) | 1.48% | 1.54% |
| Expense ratio (Regular) | 2.11% | 2.20% |
| Riskometer | Very High | Very High |
| Benchmark | Nifty MNC TRI | Nifty MNC TRI |
| Launch date | 27-12-1999 | 18-04-2007 |
| Minimum investment | ₹1,000 | Regular Plan-Growth- Rs.5000, Regular Plan-Reinvestment of IDCW- Rs.5000, Regular Plan-Payout of IDCW- Rs.5000, Direct Plan-Growth- Rs.5000, Direct Plan-Reinvestment of IDCW- Rs.5000, Direct Plan-Payout of IDCW- Rs.5000, |
| Lock in | None | None |
| Fund managers | Chanchal Khandelwal | Karthikraj Lakshmanan FM 1, Not ApplicableFM 2, Not Applicable FM 3, Not Applicable FM 4, Not Applicable FM 5 |
| Exit load | Exit load of 1%, if redeemed within 90 days. | Exit load of 1% if redeemed less than 1 year |
Aditya Birla Sun Life MNC vs UTI - MNC: 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% |
| UTI - MNC Fund (Direct) | −2.90% | −6.83% | −1.90% | −7.38% | +7.68% | +7.05% | +9.93% |
| 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 UTI - MNC: Year-wise Returns
| Year | Aditya Birla Sun LifeAditya Birla Sun Life MNC | UTI -UTI - MNC | Nifty MNC TRI |
|---|---|---|---|
| 2026to date | −10.83% | −6.84% | −5.55% |
| 2025 | −0.26% | +4.21% | +10.75% |
| 2024 | +18.03% | +17.70% | +16.63% |
| 2023 | +24.02% | +23.68% | +24.10% |
| 2022 | −4.12% | −0.54% | +3.83% |
| 2021 | +12.83% | +25.29% | +24.64% |
Aditya Birla Sun Life MNC vs UTI - MNC: Rolling Returns
Every holding period of both funds, against Nifty MNC TRI, the benchmark of both
Rolling returns
Every 3-year holding period, 2,667 of them, one for each trading day from 04-01-2016 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 MNC Fund (Direct)
UTI - MNC Fund (Direct)
Nifty MNC TRI
to
Nov 2016Sept 2015
to
Sept 2018Jul 2017
to
Jul 2020May 2019
to
May 2022Mar 2021
to
Mar 2024Dec 2022
to
Dec 2025
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 MNC | 0.1 | 8.3 | 29.8 | 41.7 | 4.5 | 2.6 | 13.1 | 13.2% | 11.3% | −1.6% | 38.0% | 28% |
| UTI - MNC | 0.3 | 6.9 | 16.8 | 40.2 | 21.4 | 4.3 | 10.1 | 13.9% | 13.0% | −2.6% | 33.5% | 25% |
| Nifty MNC TRI | 0.1 | 7.6 | 8.1 | 26.1 | 45.6 | 12.2 | 0.3 | 15.0% | 15.9% | −2.2% | 26.9% | -- |
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 MNC 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 02-01-2013. Past returns do not promise future returns.
Aditya Birla Sun Life MNC vs UTI - MNC: 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 02-01-2013 to 29-10-2026: 166 instalments, ₹16,60,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Aditya Birla Sun Life MNCAditya Birla Sun Life MNC Fund (Direct) | ₹16,60,000 | ₹32,31,122 | ₹15,71,122 | 9.1% |
| UTI - MNCUTI - MNC Fund (Direct) | ₹16,60,000 | ₹37,44,753 | ₹20,84,753 | 11.0% |
Aditya Birla Sun Life MNCAditya Birla Sun Life MNC Fund (Direct)
UTI - MNCUTI - MNC 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 MNC vs UTI - MNC: 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) | UTI - MNC Fund (Direct) |
|---|---|---|
| Return (CAGR) | −14.09% | −7.38% |
| Standard deviation | 13.34% | 12.58% |
| Sharpe ratio | -1.45 | -1.00 |
| Sortino ratio | -1.85 | -1.30 |
| Maximum drawdown | −17.4% (31-03-2026) | −14.6% (31-03-2026) |
| Beta | 0.81 | 0.75 |
| Alpha | −11.37% | −4.97% |
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 MNC Fund (Direct) | UTI - MNC Fund (Direct) |
|---|---|---|
| Return (CAGR) | +5.12% | +7.68% |
| Standard deviation | 12.55% | 11.96% |
| Sharpe ratio | -0.07 | 0.14 |
| Sortino ratio | -0.10 | 0.19 |
| Maximum drawdown | −22.2% (28-02-2025) | −21.6% (28-02-2025) |
| Beta | 0.80 | 0.79 |
| Alpha | −4.75% | −2.08% |
From daily NAVs, 27-10-2023 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 MNC Fund (Direct) | UTI - MNC Fund (Direct) |
|---|---|---|
| Return (CAGR) | +4.90% | +7.05% |
| Standard deviation | 12.06% | 12.04% |
| Sharpe ratio | -0.07 | 0.10 |
| Sortino ratio | -0.10 | 0.14 |
| Maximum drawdown | −22.2% (28-02-2025) | −21.6% (28-02-2025) |
| Beta | 0.78 | 0.82 |
| Alpha | −3.96% | −1.89% |
From daily NAVs, 29-10-2021 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 MNC Fund (Direct) | UTI - MNC Fund (Direct) |
|---|---|---|
| Return (CAGR) | +12.33% | +13.32% |
| Standard deviation | 13.06% | 12.89% |
| Sharpe ratio | 0.48 | 0.56 |
| Sortino ratio | 0.65 | 0.77 |
| Maximum drawdown | −32.4% (23-03-2020) | −31.6% (23-03-2020) |
| Beta | 0.71 | 0.77 |
| Alpha | +0.89% | +1.46% |
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)
UTI - MNC Fund (Direct)
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) | −32.4% | 13-02-2020 | 23-03-2020 | 01-12-2020 | 8 months | −18.7% |
| UTI - MNC Fund (Direct) | −31.6% | 31-08-2018 | 23-03-2020 | 03-12-2020 | 8 months | −11.8% |
| Nifty MNC TRI | −34.9% | 28-08-2018 | 23-03-2020 | 20-11-2020 | 8 months | −16.0% |
From daily values since 02-01-2013, 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 MNC Fund (Direct)
UTI - MNC Fund (Direct)
Nifty MNC 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 MNC Fund (Direct)
UTI - MNC Fund (Direct)
Nifty MNC 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 MNC Fund (Direct)
UTI - MNC Fund (Direct)
Nifty MNC TRI
Against Nifty MNC TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| Aditya Birla Sun Life MNC Fund (Direct) | 87% | 82% | 8.44% |
| UTI - MNC Fund (Direct) | 89% | 83% | 6.38% |
From month-end values since 02-01-2013. 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 MNC vs UTI - MNC: Portfolio Overlap
From each fund's latest monthly portfolio: Aditya Birla Sun Life MNC Fund, September 2026; UTI - MNC Fund, September 2026
Holdings in common
- Overlap
- 48.2%
- Held by both
- 31
- Only in Aditya Birla Sun Life MNC
- 30
- Only in UTI - MNC
- 28
| Security | % of Aditya Birla Sun Life MNC | % of UTI - MNC |
|---|---|---|
| Maruti Suzuki India Ltd. | 4.74% | 7.19% |
| Hindustan Unilever Ltd. | 3.82% | 4.74% |
| Nestle India Ltd. | 3.54% | 4.77% |
| Gland Pharma Ltd. | 3.40% | 4.10% |
| Bosch Ltd. | 3.39% | 5.76% |
| Vedanta Aluminium Metal Ltd. | 2.92% | 2.92% |
| Hyundai Motor India Ltd. | 2.26% | 3.10% |
| CRISIL Ltd. | 2.13% | 2.05% |
| Procter & Gamble Health Ltd. | 1.74% | 4.03% |
| United Spirits Ltd. | 4.04% | 1.73% |
| Mphasis Ltd. | 1.42% | 1.85% |
| LG Electronics India Ltd. | 1.37% | 2.63% |
| 3M India Ltd. | 2.13% | 1.29% |
| Coforge Ltd. | 1.27% | 2.50% |
| Grindwell Norton Ltd. | 1.90% | 1.24% |
| Procter & Gamble Hygiene and Health Care Ltd. | 1.19% | 1.77% |
| Siemens Ltd. | 1.64% | 1.14% |
| Abbott India Ltd. | 1.03% | 1.04% |
| Samvardhana Motherson International Ltd. | 1.23% | 0.94% |
| Timken India Ltd. | 1.25% | 0.90% |
| Doms Industries Ltd. | 0.88% | 0.93% |
| Motherson Sumi Wiring India Ltd. | 1.00% | 0.84% |
| Cummins India Ltd. | 3.03% | 0.82% |
| Britannia Industries Ltd. | 3.61% | 0.78% |
| ZF Commercial Vehicle Control Systems India Ltd. | 0.77% | 2.01% |
| Cohance Lifesciences Ltd. | 0.81% | 0.66% |
| Gillette India Ltd. | 1.60% | 0.53% |
| Ashok Leyland Ltd. | 1.47% | 0.53% |
| Oracle Financial Services Software Ltd. | 0.53% | 1.42% |
| Vedanta Ltd. | 1.28% | 0.30% |
| Pfizer Ltd. | 1.97% | 0.23% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 48.2% means 48.2% 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 |
|---|---|
| Schaeffler India Ltd. | 2.57% |
| Honeywell Automation India Ltd. | 1.99% |
| United Breweries Ltd. | 1.96% |
| ABB India Ltd. | 1.92% |
| Asahi India Glass Ltd. | 1.85% |
Largest holdings only in UTI - MNC Fund
| Security | % of fund |
|---|---|
| EQ - AFFLE 3I LIMITED | 1.92% |
| EQ - TATA COMMUNICATIONS LTD. | 1.90% |
| EQ - TATA CONSULTANCY SERVICES LTD. | 1.82% |
| EQ - KSB LTD | 1.63% |
| EQ - AUROBINDO PHARMA LTD. | 1.58% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Aditya Birla Sun Life MNC | UTI - MNC |
|---|---|---|
| Equity | 99.4% | 92.8% |
| Debt | 0.0% | 0.4% |
| Cash and others | 0.6% | 6.8% |
Market cap of stocks
| Market cap | Aditya Birla Sun Life MNC | UTI - MNC |
|---|---|---|
| Large Cap | 32.6% | 29.6% |
| Mid Cap | 31.2% | 28.6% |
| Small Cap | 35.0% | 33.1% |
| Foreign stocks | 0.6% | 0.0% |
| Not on AMFI's list | 0.0% | 1.6% |
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 | UTI - MNC |
|---|---|---|
| Pharmaceuticals & Biotechnology | 11.1% | 16.1% |
| Auto Components | 10.8% | 12.5% |
| Automobiles | 7.0% | 10.3% |
| IT - Software | 5.3% | 8.6% |
| Food Products | 7.7% | 5.5% |
| Industrial Products | 7.0% | 5.9% |
| Beverages | 6.0% | 1.7% |
The six largest sectors of each fund's stocks, % of the fund.
Aditya Birla Sun Life MNC vs UTI - MNC: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Aditya Birla Sun Life MNC Fund | UTI - MNC Fund |
|---|---|---|
| Total expense ratio (Direct) | 1.48% | 1.54% |
| Base expense ratio (Direct) | 1.14% | 1.12% |
| Total expense ratio (Regular) | 2.11% | 2.20% |
| Base expense ratio (Regular) | 1.68% | 1.71% |
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 UTI - MNC Fund: Frequently Asked Questions
What is the difference between Aditya Birla Sun Life MNC Fund and UTI - MNC Fund?
Aditya Birla Sun Life MNC Fund is a Thematic fund, UTI - MNC Fund is a Thematic fund, run by Aditya Birla Sun Life Mutual Fund and UTI Mutual Fund. Their portfolios overlap 48.2%. Aditya Birla Sun Life MNC Fund charges 1.48% a year and UTI - MNC Fund 1.54%.
Which has given higher returns, Aditya Birla Sun Life MNC Fund or UTI - MNC Fund?
Over 1 year: Aditya Birla Sun Life MNC Fund −14.09%, UTI - MNC Fund −7.38%. Over 3 years: Aditya Birla Sun Life MNC Fund +5.12% a year, UTI - MNC Fund +7.68% a year. Over 5 years: Aditya Birla Sun Life MNC Fund +4.90% a year, UTI - MNC Fund +7.05% a year. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, Aditya Birla Sun Life MNC Fund or UTI - MNC Fund?
Aditya Birla Sun Life MNC Fund charges less: 1.48% a year against 1.54%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Aditya Birla Sun Life MNC Fund and UTI - MNC Fund overlap?
48.2%. They hold 31 of the same securities, the largest shared ones being MARUTI, HINDUNILVR, NESTLEIND. From each fund's latest monthly portfolio.
Which is riskier, Aditya Birla Sun Life MNC Fund or UTI - MNC Fund?
On SEBI's riskometer, Aditya Birla Sun Life MNC Fund is rated Very High and UTI - MNC Fund Very High. Over 3 years, the standard deviation of daily returns was 12.55% and 11.96% a year.
Which is better for SIP, Aditya Birla Sun Life MNC Fund or UTI - MNC Fund?
Over the last 5 years, a monthly SIP of ₹10,000 from 01-10-2021 to 29-10-2026 grew to ₹6,57,579 in Aditya Birla Sun Life MNC Fund (XIRR 2.9% a year) and ₹7,11,899 in UTI - MNC Fund (XIRR 6.0% a year). Both received 61 instalments. Past returns do not promise future returns.
Can I invest in both Aditya Birla Sun Life MNC Fund and UTI - MNC Fund?
Yes. 48.2% 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 UTI - MNC Fund?
Aditya Birla Sun Life MNC Fund: Chanchal Khandelwal. UTI - MNC Fund: Karthikraj Lakshmanan FM 1, Not ApplicableFM 2, Not Applicable FM 3, Not Applicable FM 4, Not Applicable FM 5.
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.