Aditya Birla Sun Life Msci India ETF vs JioBlackRock Flexi Cap 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 JioBlackRock Flexi Cap Fund is a Flexi Cap fund. Aditya Birla Sun Life Msci India ETF charges 0.22% a year and JioBlackRock Flexi Cap Fund 1.11%. Their portfolios overlap 47.8%: they hold 61 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 JioBlackRock Flexi Cap? 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 1.11%.
- Aditya Birla Sun Life Msci India ETF fell less in its worst fall since 20-02-2026: −12.5% against −12.9%.
- Aditya Birla Sun Life Msci India ETF holds more in large companies: 80.6% of the fund in large caps against 60.6%.
- JioBlackRock Flexi Cap is the larger fund: ₹3,175 Cr against ₹11 Cr.
- Their portfolios overlap 47.8%: 61 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 | JioBlackRock Flexi Cap Fund |
|---|---|---|
| Fund house | Aditya Birla Sun Life Mutual Fund | Jio BlackRock Mutual Fund |
| Category | ETF | Flexi Cap |
| AUM | ₹11 Cr (30-09-2026) | ₹3,175 Cr (30-09-2026) |
| NAV | ₹27.93 | ₹9.34 (Direct) |
| Expense ratio (Direct) | Not available | 1.11% |
| Expense ratio (Regular) | Not available | 2.34% |
| Riskometer | Very High | Very High |
| Benchmark | MSCI India Index | Nifty 500 TRI |
| Launch date | 17-02-2026 | 13-10-2025 |
| 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 | Sahil Chaudhary, Tanvi Kacheria |
| Exit load | NIL | Nil |
Aditya Birla Sun Life Msci India ETF vs JioBlackRock Flexi Cap: 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% | -- | -- | -- | -- |
| JioBlackRock Flexi Cap Fund (Direct) | −2.70% | −6.41% | −3.63% | −8.49% | -- | -- | -- |
| Flexi Cap average | −1.62% | −4.17% | +1.00% | −3.58% | -- | -- | -- |
Category average: the average of the 46 Flexi Cap funds, same plan type.
Aditya Birla Sun Life Msci India ETF vs JioBlackRock Flexi Cap: Year-wise Returns
| Year | Aditya Birla Sun Life Msci India ETFAditya Birla Sun Life Msci India ETF | JioBlackRock Flexi CapJioBlackRock Flexi Cap |
|---|---|---|
| 2026to date | -- | −9.11% |
Aditya Birla Sun Life Msci India ETF vs JioBlackRock Flexi Cap: Rolling Returns
Every holding period of both funds, against Nifty 500 TRI, the benchmark of JioBlackRock Flexi Cap Fund
Aditya Birla Sun Life Msci India ETF vs JioBlackRock Flexi Cap: 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 | JioBlackRock Flexi Cap Fund (Direct) |
|---|---|---|
| Return (CAGR) | −10.53% | −7.16% |
| Standard deviation | 15.37% | 14.27% |
| Sharpe ratio | -1.03 | -0.87 |
| Sortino ratio | -1.35 | -1.16 |
| Maximum drawdown | −12.5% (31-03-2026) | −14.3% (30-03-2026) |
| Beta | -- | 0.99 |
| Alpha | -- | −1.13% |
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
JioBlackRock Flexi Cap Fund (Direct)
Nifty 500 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% |
| JioBlackRock Flexi Cap Fund (Direct) | −12.9% | 26-02-2026 | 30-03-2026 | 06-08-2026 | 4 months | −8.4% |
| Nifty 500 TRI | −12.6% | 23-02-2026 | 30-03-2026 | 06-07-2026 | 3 months | −7.9% |
From daily values since 20-02-2026, the first day every fund has.
Aditya Birla Sun Life Msci India ETF vs JioBlackRock Flexi Cap: Portfolio Overlap
From each fund's latest monthly portfolio: Aditya Birla Sun Life Msci India ETF, September 2026; JioBlackRock Flexi Cap Fund, September 2026
Holdings in common
- Overlap
- 47.8%
- Held by both
- 61
- Only in Aditya Birla Sun Life Msci India ETF
- 104
- Only in JioBlackRock Flexi Cap
- 76
| Security | % of Aditya Birla Sun Life Msci India ETF | % of JioBlackRock Flexi Cap |
|---|---|---|
| HDFC Bank Ltd. | 6.44% | 5.90% |
| ICICI Bank Ltd. | 5.59% | 5.69% |
| Bharti Airtel Ltd. | 3.93% | 4.31% |
| Reliance Industries Ltd. | 5.44% | 3.05% |
| Mahindra & Mahindra Ltd. | 2.05% | 2.88% |
| Infosys Ltd. | 2.41% | 1.90% |
| Larsen & Toubro Ltd. | 2.02% | 1.60% |
| State Bank of India | 1.41% | 3.53% |
| Tata Consultancy Services Ltd. | 1.33% | 1.45% |
| Titan Company Ltd. | 1.30% | 1.13% |
| Tata Steel Ltd. | 1.10% | 2.28% |
| Bajaj Finance Ltd. | 1.91% | 1.02% |
| Ultratech Cement Ltd. | 0.90% | 1.33% |
| HCL Technologies Ltd. | 0.86% | 1.02% |
| TVS Motor Company Ltd. | 0.78% | 0.89% |
| Asian Paints Ltd. | 0.73% | 0.69% |
| Tata Motors Ltd. | 0.62% | 0.81% |
| JSW Steel Ltd. | 0.61% | 0.82% |
| Nestle India Ltd. | 0.60% | 1.65% |
| Hindalco Industries Ltd. | 0.97% | 0.55% |
| Coal India Ltd. | 0.52% | 1.05% |
| Axis Bank Ltd. | 2.25% | 0.52% |
| Hero MotoCorp Ltd. | 0.50% | 1.18% |
| Oil & Natural Gas Corporation Ltd. | 0.46% | 1.92% |
| Bajaj Finserv Ltd. | 0.53% | 0.46% |
| Samvardhana Motherson International Ltd. | 0.55% | 0.46% |
| Apollo Hospitals Enterprise Ltd. | 0.65% | 0.44% |
| GE Vernova T&D India Ltd. | 0.43% | 0.57% |
| Bharat Heavy Electricals Ltd. | 0.40% | 1.03% |
| Dixon Technologies (India) Ltd. | 0.39% | 0.75% |
| Lupin Ltd. | 0.37% | 1.60% |
| Lenskart Solutions Ltd. | 0.36% | 0.68% |
| HDFC Asset Management Co. Ltd. | 0.35% | 0.74% |
| Sun Pharmaceutical Industries Ltd. | 1.30% | 0.35% |
| Aurobindo Pharma Ltd. | 0.35% | 1.24% |
| ITC Ltd. | 0.63% | 0.34% |
| Power Finance Corporation Ltd. | 0.34% | 1.05% |
| Polycab India Ltd. | 0.34% | 1.44% |
| Solar Industries India Ltd. | 0.36% | 0.33% |
| Indian Oil Corporation Ltd. | 0.30% | 1.56% |
| GAIL (India) Ltd. | 0.31% | 0.30% |
| Hitachi Energy India Ltd. | 0.29% | 0.67% |
| Marico Ltd. | 0.33% | 0.27% |
| REC Ltd. | 0.28% | 0.26% |
| Adani Ports and Special Economic Zone Ltd. | 0.83% | 0.26% |
| Yes Bank Ltd. | 0.25% | 1.20% |
| Bajaj Holdings & Investment Ltd. | 0.23% | 0.31% |
| IDFC First Bank Ltd. | 0.27% | 0.22% |
| Adani Energy Solutions Ltd. | 0.22% | 1.12% |
| Siemens Energy India Ltd. | 0.21% | 0.38% |
| Multi Commodity Exchange of India Ltd. | 0.33% | 0.21% |
| Punjab National Bank | 0.21% | 0.98% |
| Billionbrains Garage Ventures Ltd. | 0.21% | 0.31% |
| Oracle Financial Services Software Ltd. | 0.18% | 0.66% |
| The Federal Bank Ltd. | 0.46% | 0.17% |
| NTPC Ltd. | 1.12% | 0.14% |
| Shriram Finance Ltd. | 1.11% | 0.13% |
| BSE Ltd. | 0.49% | 0.13% |
| L&T Finance Ltd. | 0.17% | 0.12% |
| Bharat Petroleum Corporation Ltd. | 0.39% | 0.10% |
| Kotak Mahindra Bank Ltd. | 1.82% | 0.07% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 47.8% means 47.8% 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 |
|---|---|
| Eternal Ltd. | 1.22% |
| Maruti Suzuki India Ltd. | 1.13% |
| Bharat Electronics Ltd. | 1.07% |
| Hindustan Unilever Ltd. | 1.06% |
| Divi's Laboratories Ltd. | 0.88% |
Largest holdings only in JioBlackRock Flexi Cap Fund
| Security | % of fund |
|---|---|
| Life Insurance Corporation Of India | 1.76% |
| Steel Authority of India Ltd | 1.57% |
| Radico Khaitan Ltd | 1.55% |
| Navin Fluorine International Ltd | 1.51% |
| Apollo Tyres Ltd | 1.47% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Aditya Birla Sun Life Msci India ETF | JioBlackRock Flexi Cap |
|---|---|---|
| Equity | 99.8% | 99.0% |
| Debt | 0.0% | 0.0% |
| Cash and others | 0.2% | 1.0% |
Market cap of stocks
| Market cap | Aditya Birla Sun Life Msci India ETF | JioBlackRock Flexi Cap |
|---|---|---|
| Large Cap | 80.6% | 60.6% |
| Mid Cap | 19.2% | 18.9% |
| Small Cap | 0.0% | 19.3% |
| Not on AMFI's list | 0.0% | 0.2% |
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 | JioBlackRock Flexi Cap |
|---|---|---|
| Banks | 20.3% | 19.8% |
| IT - Software | 6.6% | 5.3% |
| Petroleum Products | 6.4% | 5.4% |
| Finance | 6.3% | 4.7% |
| Automobiles | 6.2% | 5.5% |
| Pharmaceuticals & Biotechnology | 5.6% | 5.5% |
| Ferrous Metals | 2.2% | 4.7% |
The six largest sectors of each fund's stocks, % of the fund.
Aditya Birla Sun Life Msci India ETF vs JioBlackRock Flexi Cap: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Aditya Birla Sun Life Msci India ETF | JioBlackRock Flexi Cap Fund |
|---|---|---|
| Total expense ratio (Direct) | Not available | 1.11% |
| Base expense ratio (Direct) | 0.00% | 0.50% |
| Total expense ratio (Regular) | Not available | 2.34% |
| Base expense ratio (Regular) | 0.16% | 1.50% |
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
Aditya Birla Sun Life Msci India ETF vs JioBlackRock Flexi Cap Fund: Frequently Asked Questions
What is the difference between Aditya Birla Sun Life Msci India ETF and JioBlackRock Flexi Cap Fund?
Aditya Birla Sun Life Msci India ETF is an ETF fund, JioBlackRock Flexi Cap Fund is a Flexi Cap fund, run by Aditya Birla Sun Life Mutual Fund and Jio BlackRock Mutual Fund. Their portfolios overlap 47.8%. Aditya Birla Sun Life Msci India ETF charges 0.22% a year and JioBlackRock Flexi Cap Fund 1.11%.
Which has the lower expense ratio, Aditya Birla Sun Life Msci India ETF or JioBlackRock Flexi Cap Fund?
Aditya Birla Sun Life Msci India ETF charges less: 0.22% a year against 1.11%. These are the total expense ratios reported to AMFI.
How much do Aditya Birla Sun Life Msci India ETF and JioBlackRock Flexi Cap Fund overlap?
47.8%. They hold 61 of the same securities, the largest shared ones being HDFCBANK, ICICIBANK, BHARTIARTL. From each fund's latest monthly portfolio.
Which is riskier, Aditya Birla Sun Life Msci India ETF or JioBlackRock Flexi Cap Fund?
On SEBI's riskometer, Aditya Birla Sun Life Msci India ETF is rated Very High and JioBlackRock Flexi Cap Fund Very High. Over their common history, the standard deviation of daily returns was 15.37% and 14.27% a year.
Can I invest in both Aditya Birla Sun Life Msci India ETF and JioBlackRock Flexi Cap Fund?
Yes. 47.8% 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 JioBlackRock Flexi Cap Fund?
Aditya Birla Sun Life Msci India ETF: Priya Sridhar, Mehul Dama. JioBlackRock Flexi Cap Fund: Sahil Chaudhary, Tanvi Kacheria.
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.