Aditya Birla Sun Life Msci India ETF vs Franklin India Multi-Factor Fund
Direct Plan where a fund has one, Growth option · Data as on 30-10-2026
Aditya Birla Sun Life Msci India ETF is an ETF fund and Franklin India Multi-Factor Fund is a Thematic fund. Aditya Birla Sun Life Msci India ETF charges 0.22% a year and Franklin India Multi-Factor Fund 1.14%. Their portfolios overlap 58.5%: they hold 70 of the same securities.
Aditya Birla Sun Life Msci India ETF
ETF
- Expense ratio
- 0.22%
- NAV
- ₹27.93
Franklin India Multi-Factor Fund
Thematic
- Expense ratio
- 1.14%
- NAV
- ₹9.02
Which is better, Aditya Birla Sun Life Msci India ETF or Franklin India Multi-Factor? 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 Msci India ETF costs less: 0.22% a year against 1.14%.
- Franklin India Multi-Factor fell less in its worst fall since 20-02-2026: −12.3% against −12.5%.
- Franklin India Multi-Factor is the larger fund: ₹581 Cr against ₹11 Cr.
- Their portfolios overlap 58.5%: 70 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 Msci India ETF | Franklin India Multi-Factor Fund |
|---|---|---|
| Fund house | Aditya Birla Sun Life Mutual Fund | Franklin Templeton Mutual Fund |
| Category | ETF | Thematic |
| AUM | ₹11 Cr (30-09-2026) | ₹581 Cr (30-09-2026) |
| NAV | ₹27.93 | ₹9.02 (Direct) |
| Expense ratio (Direct) | Not available | 1.14% |
| Expense ratio (Regular) | Not available | 2.80% |
| Riskometer | Very High | Not available |
| Benchmark | MSCI India Index | Not available |
| Launch date | 17-02-2026 | Not available |
| Minimum investment | For Subscription / Redemption of units directly with Mutual Fund: Subscription / Redemption facility directly with the Mutual Fund would be restricted to Market Makers and Large Investors. Units of the Scheme may be subscribed to / redeemed only in Creati | Not available |
| Lock in | None | Not available |
| Fund managers | Priya Sridhar, Mehul Dama | Not available |
| Exit load | NIL | Not available |
Aditya Birla Sun Life Msci India ETF vs Franklin India Multi-Factor: 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 Msci India ETF | +0.29% | −5.96% | −3.50% | -- | -- | -- | -- |
| Franklin India Multi-Factor Fund (Direct) | −0.19% | −6.70% | −5.31% | -- | -- | -- | -- |
| Thematic average | −2.09% | −4.52% | +0.86% | -- | -- | -- | -- |
Category average: the average of the 235 Thematic funds, same plan type.
Aditya Birla Sun Life Msci India ETF vs Franklin India Multi-Factor: Year-wise Returns
| Year | Aditya Birla Sun Life Msci India ETFAditya Birla Sun Life Msci India ETF | Franklin India Multi-FactorFranklin India Multi-Factor |
|---|---|---|
| 2026to date | -- | −10.63% |
Aditya Birla Sun Life Msci India ETF vs Franklin India Multi-Factor: Rolling Returns
Every holding period of both funds, against BSE 200 TRI, the benchmark of Franklin India Multi-Factor Fund
Aditya Birla Sun Life Msci India ETF vs Franklin India Multi-Factor: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Aditya Birla Sun Life Msci India ETF | Franklin India Multi-Factor Fund (Direct) |
|---|---|---|
| Return (CAGR) | −10.53% | −10.62% |
| Standard deviation | 15.37% | 14.25% |
| Sharpe ratio | -1.03 | -1.11 |
| Sortino ratio | -1.35 | -1.45 |
| Maximum drawdown | −12.5% (31-03-2026) | −13.8% (31-03-2026) |
| Beta | -- | 0.97 |
| Alpha | -- | −1.09% |
From daily NAVs, 20-02-2026 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 Msci India ETF
Franklin India Multi-Factor Fund (Direct)
BSE 200 TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Aditya Birla Sun Life Msci India ETF | −12.5% | 23-02-2026 | 31-03-2026 | 03-08-2026 | 4 months | −7.9% |
| Franklin India Multi-Factor Fund (Direct) | −12.3% | 26-02-2026 | 31-03-2026 | Not yet | -- | −9.7% |
| BSE 200 TRI | −12.8% | 23-02-2026 | 30-03-2026 | Not yet | -- | −7.8% |
From daily values since 20-02-2026, the first day every fund has.
Aditya Birla Sun Life Msci India ETF vs Franklin India Multi-Factor: Portfolio Overlap
From each fund's latest monthly portfolio: Aditya Birla Sun Life Msci India ETF, September 2026; Franklin India Multi-Factor Fund, September 2026
Holdings in common
- Overlap
- 58.5%
- Held by both
- 70
- Only in Aditya Birla Sun Life Msci India ETF
- 95
- Only in Franklin India Multi-Factor
- 20
| Security | % of Aditya Birla Sun Life Msci India ETF | % of Franklin India Multi-Factor |
|---|---|---|
| HDFC Bank Ltd. | 6.44% | 5.90% |
| ICICI Bank Ltd. | 5.59% | 5.08% |
| Reliance Industries Ltd. | 5.44% | 4.24% |
| Bharti Airtel Ltd. | 3.93% | 3.83% |
| Infosys Ltd. | 2.41% | 2.32% |
| Larsen & Toubro Ltd. | 2.02% | 2.67% |
| Bajaj Finance Ltd. | 1.91% | 1.58% |
| Axis Bank Ltd. | 2.25% | 1.46% |
| State Bank of India | 1.41% | 2.71% |
| Sun Pharmaceutical Industries Ltd. | 1.30% | 1.97% |
| Titan Company Ltd. | 1.30% | 1.92% |
| Tata Consultancy Services Ltd. | 1.33% | 1.21% |
| NTPC Ltd. | 1.12% | 1.24% |
| Mahindra & Mahindra Ltd. | 2.05% | 1.01% |
| Bharat Electronics Ltd. | 1.07% | 1.00% |
| Kotak Mahindra Bank Ltd. | 1.82% | 0.90% |
| Divi's Laboratories Ltd. | 0.88% | 1.33% |
| HCL Technologies Ltd. | 0.86% | 1.20% |
| Hindalco Industries Ltd. | 0.97% | 0.79% |
| Shriram Finance Ltd. | 1.11% | 0.78% |
| Eternal Ltd. | 1.22% | 0.69% |
| Apollo Hospitals Enterprise Ltd. | 0.65% | 1.23% |
| ITC Ltd. | 0.63% | 2.30% |
| Hindustan Aeronautics Ltd. | 0.62% | 0.65% |
| Tata Motors Ltd. | 0.62% | 1.13% |
| Nestle India Ltd. | 0.60% | 1.34% |
| Bajaj Auto Ltd. | 0.58% | 1.37% |
| Trent Ltd. | 0.56% | 1.03% |
| Laurus Labs Ltd. | 0.55% | 0.79% |
| Samvardhana Motherson International Ltd. | 0.55% | 1.28% |
| Adani Power Ltd. | 0.53% | 1.02% |
| Coal India Ltd. | 0.52% | 1.42% |
| Ultratech Cement Ltd. | 0.90% | 0.52% |
| Tech Mahindra Ltd. | 0.66% | 0.51% |
| Tata Steel Ltd. | 1.10% | 0.51% |
| Hero MotoCorp Ltd. | 0.50% | 1.33% |
| Cummins India Ltd. | 0.50% | 0.99% |
| Hindustan Unilever Ltd. | 1.06% | 0.48% |
| The Indian Hotels Company Ltd. | 0.48% | 0.83% |
| Vedanta Aluminium Metal Ltd. | 0.45% | 0.74% |
| One 97 Communications Ltd. | 0.51% | 0.40% |
| Bharat Petroleum Corporation Ltd. | 0.39% | 0.79% |
| Dixon Technologies (India) Ltd. | 0.39% | 0.78% |
| Indus Towers Ltd. | 0.37% | 0.76% |
| Lupin Ltd. | 0.37% | 1.19% |
| Solar Industries India Ltd. | 0.36% | 1.20% |
| Lenskart Solutions Ltd. | 0.36% | 0.87% |
| HDFC Asset Management Co. Ltd. | 0.35% | 0.71% |
| Aurobindo Pharma Ltd. | 0.35% | 1.08% |
| Power Finance Corporation Ltd. | 0.34% | 0.87% |
| Polycab India Ltd. | 0.34% | 0.51% |
| Pidilite Industries Ltd. | 0.33% | 0.63% |
| Marico Ltd. | 0.33% | 0.82% |
| United Spirits Ltd. | 0.31% | 0.44% |
| FSN E-Commerce Ventures Ltd. | 0.31% | 1.10% |
| Hitachi Energy India Ltd. | 0.29% | 0.49% |
| REC Ltd. | 0.28% | 1.00% |
| Maruti Suzuki India Ltd. | 1.13% | 0.27% |
| GE Vernova T&D India Ltd. | 0.43% | 0.25% |
| Aditya Birla Capital Ltd. | 0.23% | 0.78% |
| Adani Energy Solutions Ltd. | 0.22% | 0.97% |
| Union Bank of India | 0.21% | 0.62% |
| Bank of Baroda | 0.19% | 0.76% |
| NMDC Ltd. | 0.19% | 0.36% |
| Oracle Financial Services Software Ltd. | 0.18% | 0.66% |
| Canara Bank | 0.17% | 1.09% |
| L&T Finance Ltd. | 0.17% | 0.54% |
| Oberoi Realty Ltd. | 0.17% | 0.49% |
| Colgate Palmolive (India) Ltd. | 0.16% | 0.60% |
| Tata Communications Ltd. | 0.15% | 0.47% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 58.5% means 58.5% 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 Msci India ETF
| Security | % of fund |
|---|---|
| Power Grid Corporation of India Ltd. | 0.87% |
| Adani Ports and Special Economic Zone Ltd. | 0.83% |
| Eicher Motors Ltd. | 0.78% |
| TVS Motor Company Ltd. | 0.78% |
| Interglobe Aviation Ltd. | 0.75% |
Largest holdings only in Franklin India Multi-Factor Fund
| Security | % of fund |
|---|---|
| Life Insurance Corporation Of India | 1.11% |
| Steel Authority of India Ltd | 1.07% |
| Bank Of Maharashtra | 0.90% |
| Welspun Corp Ltd | 0.85% |
| Great Eastern Shipping Co Ltd | 0.82% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Aditya Birla Sun Life Msci India ETF | Franklin India Multi-Factor |
|---|---|---|
| Equity | 99.8% | 97.6% |
| Debt | 0.0% | 0.0% |
| Cash and others | 0.2% | 2.4% |
Market cap of stocks
| Market cap | Aditya Birla Sun Life Msci India ETF | Franklin India Multi-Factor |
|---|---|---|
| Large Cap | 80.6% | 71.7% |
| Mid Cap | 19.2% | 18.2% |
| Small Cap | 0.0% | 7.4% |
| Not on AMFI's list | 0.0% | 0.4% |
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 Msci India ETF | Franklin India Multi-Factor |
|---|---|---|
| Banks | 20.3% | 19.4% |
| Finance | 6.3% | 7.5% |
| IT - Software | 6.6% | 5.9% |
| Petroleum Products | 6.4% | 5.0% |
| Pharmaceuticals & Biotechnology | 5.6% | 6.4% |
| Automobiles | 6.2% | 4.0% |
| Telecom - Services | 4.7% | 5.1% |
The six largest sectors of each fund's stocks, % of the fund.
Aditya Birla Sun Life Msci India ETF vs Franklin India Multi-Factor: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Aditya Birla Sun Life Msci India ETF | Franklin India Multi-Factor Fund |
|---|---|---|
| Total expense ratio (Direct) | Not available | 1.14% |
| Base expense ratio (Direct) | 0.00% | 0.62% |
| Total expense ratio (Regular) | Not available | 2.80% |
| Base expense ratio (Regular) | 0.16% | 2.07% |
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 Franklin India Multi-Factor with
Aditya Birla Sun Life Msci India ETF vs Franklin India Multi-Factor Fund: Frequently Asked Questions
What is the difference between Aditya Birla Sun Life Msci India ETF and Franklin India Multi-Factor Fund?
Aditya Birla Sun Life Msci India ETF is an ETF fund, Franklin India Multi-Factor Fund is a Thematic fund, run by Aditya Birla Sun Life Mutual Fund and Franklin Templeton Mutual Fund. Their portfolios overlap 58.5%. Aditya Birla Sun Life Msci India ETF charges 0.22% a year and Franklin India Multi-Factor Fund 1.14%.
Which has the lower expense ratio, Aditya Birla Sun Life Msci India ETF or Franklin India Multi-Factor Fund?
Aditya Birla Sun Life Msci India ETF charges less: 0.22% a year against 1.14%. These are the total expense ratios reported to AMFI.
How much do Aditya Birla Sun Life Msci India ETF and Franklin India Multi-Factor Fund overlap?
58.5%. They hold 70 of the same securities, the largest shared ones being HDFCBANK, ICICIBANK, RELIANCE. From each fund's latest monthly portfolio.
Can I invest in both Aditya Birla Sun Life Msci India ETF and Franklin India Multi-Factor Fund?
Yes. 58.5% 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.