Aditya Birla Sun Life Msci India ETF vs Franklin India Retirement 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 Retirement Fund is a Solution fund. Aditya Birla Sun Life Msci India ETF charges 0.22% a year and Franklin India Retirement Fund 1.52%. Their portfolios overlap 22.3%: they hold 29 of the same securities.
Aditya Birla Sun Life Msci India ETF
ETF
- Expense ratio
- 0.22%
- NAV
- ₹27.93
Franklin India Retirement Fund
Solution
- Expense ratio
- 1.52%
- NAV
- ₹235.73
Which is better, Aditya Birla Sun Life Msci India ETF or Franklin India Retirement? 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 1.52%.
- Franklin India Retirement fell less in its worst fall since 20-02-2026: −5.1% against −12.5%.
- Aditya Birla Sun Life Msci India ETF holds more in large companies: 80.6% of the fund in large caps against 20.9%.
- Franklin India Retirement is the larger fund: ₹479 Cr against ₹11 Cr.
- Their portfolios overlap 22.3%: 29 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 Retirement Fund |
|---|---|---|
| Fund house | Aditya Birla Sun Life Mutual Fund | Franklin Templeton Mutual Fund |
| Category | ETF | Solution |
| AUM | ₹11 Cr (30-09-2026) | ₹479 Cr (30-09-2026) |
| NAV | ₹27.93 | ₹235.73 (Direct) |
| Expense ratio (Direct) | Not available | 1.52% |
| Expense ratio (Regular) | Not available | 2.25% |
| Riskometer | Very High | Not available |
| Benchmark | MSCI India Index | CRISIL Short Term Debt Hybrid 60+40 Index |
| Launch date | 17-02-2026 | 31-03-1997 |
| 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 | 500/1 |
| Lock in | None | 5 years, or until retirement if earlier |
| Fund managers | Priya Sridhar, Mehul Dama | Anuj Tagra, Chandni Gupta, Rajasa Kakulavarapu, Ajay Argal |
| Exit load | NIL | 3% if redeemed before the age of 58 years (subject to lock-in period) and target amount. Nil, if redeemed after the age of 58 years |
Aditya Birla Sun Life Msci India ETF vs Franklin India Retirement: 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 Retirement Fund (Direct) | −0.79% | −2.49% | −0.61% | −3.40% | +7.27% | +6.59% | +7.54% |
Aditya Birla Sun Life Msci India ETF vs Franklin India Retirement: Year-wise Returns
| Year | Aditya Birla Sun Life Msci India ETFAditya Birla Sun Life Msci India ETF | Franklin India RetirementFranklin India Retirement |
|---|---|---|
| 2026to date | -- | −3.21% |
| 2025 | -- | +5.10% |
| 2024 | -- | +13.46% |
| 2023 | -- | +14.93% |
| 2022 | -- | +4.34% |
| 2021 | -- | +10.57% |
Aditya Birla Sun Life Msci India ETF vs Franklin India Retirement: Rolling Returns
Every holding period of both funds
Aditya Birla Sun Life Msci India ETF vs Franklin India Retirement: 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 Retirement Fund (Direct) |
|---|---|---|
| Return (CAGR) | −10.53% | +9.37% |
| Standard deviation | 15.37% | 6.13% |
| Sharpe ratio | -1.03 | 0.54 |
| Sortino ratio | -1.35 | 0.73 |
| Maximum drawdown | −12.5% (31-03-2026) | −13.8% (23-03-2020) |
| Beta | -- | -- |
| Alpha | -- | -- |
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 Retirement Fund (Direct)
| 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 Retirement Fund (Direct) | −5.1% | 23-02-2026 | 30-03-2026 | 03-08-2026 | 4 months | −3.3% |
From daily values since 20-02-2026, the first day every fund has.
Aditya Birla Sun Life Msci India ETF vs Franklin India Retirement: Portfolio Overlap
From each fund's latest monthly portfolio: Aditya Birla Sun Life Msci India ETF, September 2026; Franklin India Retirement Fund, September 2026
Holdings in common
- Overlap
- 22.3%
- Held by both
- 29
- Only in Aditya Birla Sun Life Msci India ETF
- 136
- Only in Franklin India Retirement
- 34
| Security | % of Aditya Birla Sun Life Msci India ETF | % of Franklin India Retirement |
|---|---|---|
| Axis Bank Ltd. | 2.25% | 1.71% |
| ICICI Bank Ltd. | 5.59% | 1.60% |
| HDFC Bank Ltd. | 6.44% | 1.48% |
| State Bank of India | 1.41% | 1.60% |
| Bharti Airtel Ltd. | 3.93% | 1.28% |
| Eternal Ltd. | 1.22% | 1.34% |
| Larsen & Toubro Ltd. | 2.02% | 1.18% |
| Infosys Ltd. | 2.41% | 1.17% |
| Mahindra & Mahindra Ltd. | 2.05% | 1.17% |
| Bharat Electronics Ltd. | 1.07% | 1.17% |
| Reliance Industries Ltd. | 5.44% | 0.87% |
| Ultratech Cement Ltd. | 0.90% | 0.78% |
| Tata Steel Ltd. | 1.10% | 0.65% |
| TVS Motor Company Ltd. | 0.78% | 0.64% |
| Asian Paints Ltd. | 0.73% | 0.60% |
| Cipla Ltd. | 0.54% | 0.76% |
| Interglobe Aviation Ltd. | 0.75% | 0.52% |
| Dr. Reddy's Laboratories Ltd. | 0.49% | 0.67% |
| Tata Power Company Ltd. | 0.43% | 0.75% |
| Britannia Industries Ltd. | 0.42% | 0.71% |
| Cholamandalam Investment & Finance Co. Ltd. | 0.55% | 0.41% |
| Dixon Technologies (India) Ltd. | 0.39% | 0.77% |
| Lenskart Solutions Ltd. | 0.36% | 0.48% |
| Ashok Leyland Ltd. | 0.34% | 0.56% |
| Marico Ltd. | 0.33% | 0.69% |
| Suzlon Energy Ltd. | 0.32% | 0.41% |
| ICICI Lombard General Insurance Company Ltd. | 0.31% | 0.46% |
| PB Fintech Ltd. | 0.29% | 0.40% |
| The Phoenix Mills Ltd. | 0.29% | 0.59% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 22.3% means 22.3% 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 |
|---|---|
| Bajaj Finance Ltd. | 1.91% |
| Kotak Mahindra Bank Ltd. | 1.82% |
| Tata Consultancy Services Ltd. | 1.33% |
| Sun Pharmaceutical Industries Ltd. | 1.30% |
| Titan Company Ltd. | 1.30% |
Largest holdings only in Franklin India Retirement Fund
| Security | % of fund |
|---|---|
| 7.48% National Bank For Agriculture & Rural Development (15-Sep-2028) | 9.37% |
| 0.00% Jubilant Bevco Ltd (31-May-2028) | 6.26% |
| 7.68% Small Industries Development Bank Of India (10-Aug-2027) | 5.42% |
| 7.90% Bajaj Housing Finance Ltd (28-Apr-2028) | 5.37% |
| 7.70% Poonawalla Fincorp Ltd (21-Apr-2028) | 5.35% |
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 Retirement |
|---|---|---|
| Equity | 99.8% | 35.1% |
| Debt | 0.0% | 56.9% |
| Cash and others | 0.2% | 8.0% |
Market cap of stocks
| Market cap | Aditya Birla Sun Life Msci India ETF | Franklin India Retirement |
|---|---|---|
| Large Cap | 80.6% | 20.9% |
| Mid Cap | 19.2% | 6.2% |
| Small Cap | 0.0% | 7.5% |
| Not on AMFI's list | 0.0% | 0.5% |
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 Retirement |
|---|---|---|
| Banks | 20.3% | 7.1% |
| IT - Software | 6.6% | 1.2% |
| Petroleum Products | 6.4% | 0.9% |
| Finance | 6.3% | 0.7% |
| Automobiles | 6.2% | 2.3% |
| Pharmaceuticals & Biotechnology | 5.6% | 1.9% |
| Retailing | 3.4% | 1.8% |
| Consumer Durables | 2.8% | 1.9% |
| Industrial Products | 1.3% | 1.6% |
The six largest sectors of each fund's stocks, % of the fund.
Aditya Birla Sun Life Msci India ETF vs Franklin India Retirement: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Aditya Birla Sun Life Msci India ETF | Franklin India Retirement Fund |
|---|---|---|
| Total expense ratio (Direct) | Not available | 1.52% |
| Base expense ratio (Direct) | 0.00% | 1.21% |
| Total expense ratio (Regular) | Not available | 2.25% |
| Base expense ratio (Regular) | 0.16% | 1.84% |
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.
Aditya Birla Sun Life Msci India ETF vs Franklin India Retirement Fund: Frequently Asked Questions
What is the difference between Aditya Birla Sun Life Msci India ETF and Franklin India Retirement Fund?
Aditya Birla Sun Life Msci India ETF is an ETF fund, Franklin India Retirement Fund is a Solution fund, run by Aditya Birla Sun Life Mutual Fund and Franklin Templeton Mutual Fund. Their portfolios overlap 22.3%. Aditya Birla Sun Life Msci India ETF charges 0.22% a year and Franklin India Retirement Fund 1.52%.
Which has the lower expense ratio, Aditya Birla Sun Life Msci India ETF or Franklin India Retirement Fund?
Aditya Birla Sun Life Msci India ETF charges less: 0.22% a year against 1.52%. These are the total expense ratios reported to AMFI.
How much do Aditya Birla Sun Life Msci India ETF and Franklin India Retirement Fund overlap?
22.3%. They hold 29 of the same securities, the largest shared ones being AXISBANK, ICICIBANK, HDFCBANK. From each fund's latest monthly portfolio.
Can I invest in both Aditya Birla Sun Life Msci India ETF and Franklin India Retirement Fund?
Yes. 22.3% of each fund's money sits in the same holdings, so some of the two investments would move together.
Who manages Aditya Birla Sun Life Msci India ETF and Franklin India Retirement Fund?
Aditya Birla Sun Life Msci India ETF: Priya Sridhar, Mehul Dama. Franklin India Retirement Fund: Anuj Tagra, Chandni Gupta, Rajasa Kakulavarapu, Ajay Argal.
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.