Aditya Birla Sun Life Msci India ETF vs Groww NIFTY 200 ETF
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 Groww NIFTY 200 ETF is an ETF fund. Aditya Birla Sun Life Msci India ETF charges 0.22% a year and Groww NIFTY 200 ETF 0.43%. Their portfolios overlap 88.9%: they hold 157 of the same securities.
Aditya Birla Sun Life Msci India ETF
ETF
- Expense ratio
- 0.22%
- NAV
- ₹27.93
Which is better, Aditya Birla Sun Life Msci India ETF or Groww NIFTY 200 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 Msci India ETF costs less: 0.22% a year against 0.43%.
- Aditya Birla Sun Life Msci India ETF fell less in its worst fall since 20-02-2026: −12.5% against −12.8%.
- Groww NIFTY 200 ETF is the larger fund: ₹16 Cr against ₹11 Cr.
- Their portfolios overlap 88.9%: 157 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 | Groww NIFTY 200 ETF |
|---|---|---|
| Fund house | Aditya Birla Sun Life Mutual Fund | Groww Mutual Fund |
| Category | ETF | ETF |
| AUM | ₹11 Cr (30-09-2026) | ₹16 Cr (30-09-2026) |
| NAV | ₹27.93 | ₹10.72 |
| Expense ratio (Direct) | Not available | Not available |
| Expense ratio (Regular) | Not available | Not available |
| Riskometer | Very High | Very High |
| Benchmark | MSCI India Index | Nifty 200 TRI |
| Launch date | 17-02-2026 | 25-02-2025 |
| 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 |
| Lock in | None | None |
| Fund managers | Priya Sridhar, Mehul Dama | Nikhil Satam, Aakash Chauhan, Shashi Kumar |
| Exit load | NIL | Nil |
Aditya Birla Sun Life Msci India ETF vs Groww NIFTY 200 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 Msci India ETF | +0.29% | −5.96% | −3.50% | -- | -- | -- | -- |
| Groww NIFTY 200 ETF | +0.13% | −6.00% | −3.35% | −8.21% | -- | -- | -- |
Aditya Birla Sun Life Msci India ETF vs Groww NIFTY 200 ETF: Year-wise Returns
| Year | Aditya Birla Sun Life Msci IndiaAditya Birla Sun Life Msci India ETF | Groww NIFTY 200Groww NIFTY 200 ETF |
|---|---|---|
| 2026to date | -- | −8.79% |
Aditya Birla Sun Life Msci India ETF vs Groww NIFTY 200 ETF: Rolling Returns
Every holding period of both funds, against Nifty 200 TRI, the benchmark of Groww NIFTY 200 ETF
Aditya Birla Sun Life Msci India ETF vs Groww NIFTY 200 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 Msci India ETF | Groww NIFTY 200 ETF |
|---|---|---|
| Return (CAGR) | −10.53% | +4.51% |
| Standard deviation | 15.37% | 13.84% |
| Sharpe ratio | -1.03 | -0.07 |
| Sortino ratio | -1.35 | -0.09 |
| Maximum drawdown | −12.5% (31-03-2026) | −14.8% (31-03-2026) |
| Beta | -- | 1.00 |
| Alpha | -- | −0.43% |
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
Groww NIFTY 200 ETF
Nifty 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% |
| Groww NIFTY 200 ETF | −12.8% | 23-02-2026 | 31-03-2026 | 03-08-2026 | 4 months | −7.9% |
| Nifty 200 TRI | −12.8% | 23-02-2026 | 30-03-2026 | 03-08-2026 | 4 months | −7.8% |
From daily values since 20-02-2026, the first day every fund has.
Aditya Birla Sun Life Msci India ETF vs Groww NIFTY 200 ETF: Portfolio Overlap
From each fund's latest monthly portfolio: Aditya Birla Sun Life Msci India ETF, September 2026; Groww NIFTY 200 ETF, September 2026
Holdings in common
- Overlap
- 88.9%
- Held by both
- 157
- Only in Aditya Birla Sun Life Msci India ETF
- 8
- Only in Groww NIFTY 200 ETF
- 43
| Security | % of Aditya Birla Sun Life Msci India ETF | % of Groww NIFTY 200 ETF |
|---|---|---|
| HDFC Bank Ltd. | 6.44% | 6.72% |
| ICICI Bank Ltd. | 5.59% | 5.86% |
| Reliance Industries Ltd. | 5.44% | 4.91% |
| Bharti Airtel Ltd. | 3.93% | 3.31% |
| Axis Bank Ltd. | 2.25% | 2.18% |
| Infosys Ltd. | 2.41% | 2.17% |
| Larsen & Toubro Ltd. | 2.02% | 2.72% |
| Kotak Mahindra Bank Ltd. | 1.82% | 1.90% |
| Mahindra & Mahindra Ltd. | 2.05% | 1.63% |
| Bajaj Finance Ltd. | 1.91% | 1.62% |
| State Bank of India | 1.41% | 2.45% |
| Tata Consultancy Services Ltd. | 1.33% | 1.29% |
| Eternal Ltd. | 1.22% | 1.43% |
| Sun Pharmaceutical Industries Ltd. | 1.30% | 1.19% |
| Titan Company Ltd. | 1.30% | 1.17% |
| Hindustan Unilever Ltd. | 1.06% | 1.03% |
| Maruti Suzuki India Ltd. | 1.13% | 0.96% |
| NTPC Ltd. | 1.12% | 0.95% |
| Tata Steel Ltd. | 1.10% | 0.95% |
| Bharat Electronics Ltd. | 1.07% | 0.86% |
| Shriram Finance Ltd. | 1.11% | 0.85% |
| Hindalco Industries Ltd. | 0.97% | 0.84% |
| Adani Ports and Special Economic Zone Ltd. | 0.83% | 0.87% |
| HCL Technologies Ltd. | 0.86% | 0.80% |
| Ultratech Cement Ltd. | 0.90% | 0.80% |
| Power Grid Corporation of India Ltd. | 0.87% | 0.73% |
| Divi's Laboratories Ltd. | 0.88% | 0.73% |
| Interglobe Aviation Ltd. | 0.75% | 0.70% |
| Asian Paints Ltd. | 0.73% | 0.67% |
| Grasim Industries Ltd. | 0.66% | 0.71% |
| ITC Ltd. | 0.63% | 1.57% |
| JSW Steel Ltd. | 0.61% | 0.75% |
| Eicher Motors Ltd. | 0.78% | 0.61% |
| Tech Mahindra Ltd. | 0.66% | 0.60% |
| TVS Motor Company Ltd. | 0.78% | 0.60% |
| Adani Enterprises Ltd. | 0.59% | 0.61% |
| Nestle India Ltd. | 0.60% | 0.58% |
| Bajaj Auto Ltd. | 0.58% | 0.73% |
| Hindustan Aeronautics Ltd. | 0.62% | 0.55% |
| Tata Motors Ltd. | 0.62% | 0.55% |
| Trent Ltd. | 0.56% | 0.54% |
| Bajaj Finserv Ltd. | 0.53% | 0.62% |
| Adani Power Ltd. | 0.53% | 0.53% |
| Coal India Ltd. | 0.52% | 0.63% |
| Apollo Hospitals Enterprise Ltd. | 0.65% | 0.51% |
| BSE Ltd. | 0.49% | 0.78% |
| Laurus Labs Ltd. | 0.55% | 0.48% |
| SBI Life Insurance Co. Ltd. | 0.61% | 0.47% |
| Cipla Ltd. | 0.54% | 0.47% |
| Dr. Reddy's Laboratories Ltd. | 0.49% | 0.46% |
| Oil & Natural Gas Corporation Ltd. | 0.46% | 0.54% |
| The Federal Bank Ltd. | 0.46% | 0.48% |
| One 97 Communications Ltd. | 0.51% | 0.45% |
| Samvardhana Motherson International Ltd. | 0.55% | 0.45% |
| Jio Financial Services Ltd. | 0.46% | 0.44% |
| Cholamandalam Investment & Finance Co. Ltd. | 0.55% | 0.43% |
| Torrent Pharmaceuticals Ltd. | 0.55% | 0.43% |
| Vedanta Aluminium Metal Ltd. | 0.45% | 0.43% |
| Max Healthcare Institute Ltd. | 0.52% | 0.43% |
| Hero MotoCorp Ltd. | 0.50% | 0.42% |
| Cummins India Ltd. | 0.50% | 0.40% |
| The Indian Hotels Company Ltd. | 0.48% | 0.40% |
| Tata Consumer Products Ltd. | 0.41% | 0.38% |
| Avenue Supermarts Ltd. | 0.44% | 0.38% |
| Bharat Petroleum Corporation Ltd. | 0.39% | 0.38% |
| Bharat Heavy Electricals Ltd. | 0.40% | 0.37% |
| Tata Power Company Ltd. | 0.43% | 0.37% |
| Tata Motors Passenger Vehicles Ltd. | 0.42% | 0.37% |
| IndusInd Bank Ltd. | 0.41% | 0.37% |
| Varun Beverages Ltd. | 0.44% | 0.37% |
| AU Small Finance Bank Ltd. | 0.45% | 0.36% |
| CG Power and Industrial Solutions Ltd. | 0.43% | 0.36% |
| Persistent Systems Ltd. | 0.43% | 0.35% |
| Britannia Industries Ltd. | 0.42% | 0.35% |
| HDFC Life Insurance Company Ltd. | 0.41% | 0.35% |
| Dixon Technologies (India) Ltd. | 0.39% | 0.33% |
| Bharat Forge Ltd. | 0.37% | 0.33% |
| Multi Commodity Exchange of India Ltd. | 0.33% | 0.52% |
| GE Vernova T&D India Ltd. | 0.43% | 0.32% |
| Lenskart Solutions Ltd. | 0.36% | 0.31% |
| Lupin Ltd. | 0.37% | 0.31% |
| Indian Oil Corporation Ltd. | 0.30% | 0.31% |
| Suzlon Energy Ltd. | 0.32% | 0.30% |
| Indus Towers Ltd. | 0.37% | 0.30% |
| Power Finance Corporation Ltd. | 0.34% | 0.29% |
| Info Edge (India) Ltd. | 0.33% | 0.29% |
| Solar Industries India Ltd. | 0.36% | 0.29% |
| HDFC Asset Management Co. Ltd. | 0.35% | 0.29% |
| Aurobindo Pharma Ltd. | 0.35% | 0.29% |
| GAIL (India) Ltd. | 0.31% | 0.28% |
| Vedanta Ltd. | 0.28% | 0.28% |
| Pidilite Industries Ltd. | 0.33% | 0.28% |
| IDFC First Bank Ltd. | 0.27% | 0.33% |
| Ashok Leyland Ltd. | 0.34% | 0.27% |
| FSN E-Commerce Ventures Ltd. | 0.31% | 0.27% |
| DLF Ltd. | 0.33% | 0.27% |
| Wipro Ltd. | 0.29% | 0.27% |
| Polycab India Ltd. | 0.34% | 0.26% |
| Jindal Steel Ltd. | 0.32% | 0.26% |
| Marico Ltd. | 0.33% | 0.26% |
| Fortis Healthcare Ltd. | 0.30% | 0.25% |
| United Spirits Ltd. | 0.31% | 0.25% |
| APL Apollo Tubes Ltd. | 0.31% | 0.25% |
| ICICI Lombard General Insurance Company Ltd. | 0.31% | 0.24% |
| Hitachi Energy India Ltd. | 0.29% | 0.23% |
| PB Fintech Ltd. | 0.29% | 0.23% |
| REC Ltd. | 0.28% | 0.23% |
| Yes Bank Ltd. | 0.25% | 0.23% |
| Bajaj Holdings & Investment Ltd. | 0.23% | 0.29% |
| Bosch Ltd. | 0.22% | 0.24% |
| The Phoenix Mills Ltd. | 0.29% | 0.22% |
| SRF Ltd. | 0.26% | 0.22% |
| Vodafone Idea Ltd. | 0.27% | 0.22% |
| ABB India Ltd. | 0.24% | 0.22% |
| Adani Energy Solutions Ltd. | 0.22% | 0.26% |
| Godrej Consumer Products Ltd. | 0.26% | 0.21% |
| Lodha Developers Ltd. | 0.25% | 0.21% |
| Hindustan Petroleum Corporation Ltd. | 0.27% | 0.21% |
| Punjab National Bank | 0.21% | 0.24% |
| Union Bank of India | 0.21% | 0.20% |
| GMR Airports Ltd. | 0.22% | 0.20% |
| LTM Ltd. | 0.20% | 0.23% |
| Siemens Ltd. | 0.23% | 0.20% |
| Aditya Birla Capital Ltd. | 0.23% | 0.20% |
| Bank of Baroda | 0.19% | 0.26% |
| National Aluminium Company Ltd. | 0.22% | 0.19% |
| UPL Ltd. | 0.22% | 0.19% |
| Muthoot Finance Ltd. | 0.24% | 0.18% |
| JSW Energy Ltd. | 0.18% | 0.19% |
| Mphasis Ltd. | 0.20% | 0.18% |
| Mankind Pharma Ltd. | 0.21% | 0.18% |
| Vishal Mega Mart Ltd. | 0.19% | 0.18% |
| Indian Bank | 0.17% | 0.18% |
| Siemens Energy India Ltd. | 0.21% | 0.17% |
| Canara Bank | 0.17% | 0.25% |
| Zydus Lifesciences Ltd. | 0.17% | 0.18% |
| NHPC Ltd. | 0.19% | 0.17% |
| NMDC Ltd. | 0.19% | 0.16% |
| Billionbrains Garage Ventures Ltd. | 0.21% | 0.16% |
| Havells India Ltd. | 0.17% | 0.16% |
| Tube Investments of India Ltd. | 0.19% | 0.16% |
| Oracle Financial Services Software Ltd. | 0.18% | 0.16% |
| Prestige Estates Projects Ltd. | 0.20% | 0.15% |
| Voltas Ltd. | 0.17% | 0.15% |
| Oil India Ltd. | 0.15% | 0.15% |
| Ambuja Cements Ltd. | 0.18% | 0.14% |
| Colgate Palmolive (India) Ltd. | 0.16% | 0.14% |
| Waaree Energies Ltd. | 0.16% | 0.14% |
| L&T Finance Ltd. | 0.17% | 0.14% |
| Page Industries Ltd. | 0.17% | 0.14% |
| Supreme Industries Ltd. | 0.17% | 0.14% |
| Godrej Properties Ltd. | 0.18% | 0.14% |
| Dabur India Ltd. | 0.13% | 0.14% |
| Oberoi Realty Ltd. | 0.17% | 0.13% |
| Tata Communications Ltd. | 0.15% | 0.12% |
| PI Industries Ltd. | 0.13% | 0.11% |
| MRF Ltd. | 0.12% | 0.08% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 88.9% means 88.9% 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 |
|---|---|
| Sundaram Finance Ltd. | 0.22% |
| Torrent Power Ltd. | 0.18% |
| Jindal Stainless Ltd. | 0.17% |
| Alkem Laboratories Ltd. | 0.17% |
| Petronet LNG Ltd. | 0.17% |
Largest holdings only in Groww NIFTY 200 ETF
| Security | % of fund |
|---|---|
| Coforge Limited | 0.38% |
| Life Insurance Corporation Of India | 0.31% |
| Adani Green Energy Limited | 0.26% |
| SWIGGY LIMITED | 0.23% |
| Max Financial Services Limited | 0.22% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Aditya Birla Sun Life Msci India ETF | Groww NIFTY 200 ETF |
|---|---|---|
| Equity | 99.8% | 99.9% |
| Debt | 0.0% | 0.0% |
| Cash and others | 0.2% | 0.1% |
Market cap of stocks
| Market cap | Aditya Birla Sun Life Msci India ETF | Groww NIFTY 200 ETF |
|---|---|---|
| Large Cap | 80.6% | 79.6% |
| Mid Cap | 19.2% | 19.9% |
| Small Cap | 0.0% | 0.3% |
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 | Groww NIFTY 200 ETF |
|---|---|---|
| Banks | 20.3% | 22.2% |
| IT - Software | 6.6% | 6.4% |
| Petroleum Products | 6.4% | 5.8% |
| Finance | 6.3% | 5.9% |
| Automobiles | 6.2% | 5.5% |
| Pharmaceuticals & Biotechnology | 5.6% | 5.1% |
The six largest sectors of each fund's stocks, % of the fund.
Aditya Birla Sun Life Msci India ETF vs Groww NIFTY 200 ETF: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Aditya Birla Sun Life Msci India ETF | Groww NIFTY 200 ETF |
|---|---|---|
| Base expense ratio (Direct) | 0.00% | 0.35% |
| Base expense ratio (Regular) | 0.16% | 0.00% |
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 Groww NIFTY 200 ETF: Frequently Asked Questions
What is the difference between Aditya Birla Sun Life Msci India ETF and Groww NIFTY 200 ETF?
Aditya Birla Sun Life Msci India ETF is an ETF fund, Groww NIFTY 200 ETF is an ETF fund, run by Aditya Birla Sun Life Mutual Fund and Groww Mutual Fund. Their portfolios overlap 88.9%. Aditya Birla Sun Life Msci India ETF charges 0.22% a year and Groww NIFTY 200 ETF 0.43%.
Which has the lower expense ratio, Aditya Birla Sun Life Msci India ETF or Groww NIFTY 200 ETF?
Aditya Birla Sun Life Msci India ETF charges less: 0.22% a year against 0.43%. These are the total expense ratios reported to AMFI.
How much do Aditya Birla Sun Life Msci India ETF and Groww NIFTY 200 ETF overlap?
88.9%. They hold 157 of the same securities, the largest shared ones being HDFCBANK, ICICIBANK, RELIANCE. From each fund's latest monthly portfolio.
Which is riskier, Aditya Birla Sun Life Msci India ETF or Groww NIFTY 200 ETF?
On SEBI's riskometer, Aditya Birla Sun Life Msci India ETF is rated Very High and Groww NIFTY 200 ETF Very High. Over their common history, the standard deviation of daily returns was 15.37% and 13.84% a year.
Can I invest in both Aditya Birla Sun Life Msci India ETF and Groww NIFTY 200 ETF?
Yes. 88.9% 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 Msci India ETF and Groww NIFTY 200 ETF?
Aditya Birla Sun Life Msci India ETF: Priya Sridhar, Mehul Dama. Groww NIFTY 200 ETF: Nikhil Satam, Aakash Chauhan, Shashi Kumar.
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.