Aditya Birla Sun Life Msci India ETF vs Kotak Dividend Yield 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 Kotak Dividend Yield Fund is a Dividend Yield fund. Aditya Birla Sun Life Msci India ETF charges 0.22% a year and Kotak Dividend Yield Fund 1.14%. Their portfolios overlap 47.4%: they hold 48 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 Kotak Dividend Yield? 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%.
- Kotak Dividend Yield fell less in its worst fall since 20-02-2026: −12.2% against −12.5%.
- Aditya Birla Sun Life Msci India ETF holds more in large companies: 80.6% of the fund in large caps against 64.7%.
- Kotak Dividend Yield is the larger fund: ₹273 Cr against ₹11 Cr.
- Their portfolios overlap 47.4%: 48 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 | Kotak Dividend Yield Fund |
|---|---|---|
| Fund house | Aditya Birla Sun Life Mutual Fund | Kotak Mahindra Mutual Fund |
| Category | ETF | Dividend Yield |
| AUM | ₹11 Cr (30-09-2026) | ₹273 Cr (30-09-2026) |
| NAV | ₹27.93 | ₹9.18 (Direct) |
| Expense ratio (Direct) | Not available | 1.14% |
| Expense ratio (Regular) | Not available | 2.57% |
| Riskometer | Very High | Very High |
| Benchmark | MSCI India Index | Nifty 500 TRI |
| Launch date | 17-02-2026 | 27-01-2026 |
| 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 | ₹100 |
| Lock in | None | None |
| Fund managers | Priya Sridhar, Mehul Dama | Shibani Sircar Kurian, Abhishek Bisen |
| Exit load | NIL | Exit Load for units in excess of 10% of the investment,1% will be charged for redemption within 1 Year. |
Aditya Birla Sun Life Msci India ETF vs Kotak Dividend Yield: 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% | -- | -- | -- | -- |
| Kotak Dividend Yield Fund (Direct) | −0.42% | −6.96% | −4.01% | -- | -- | -- | -- |
| Dividend Yield average | −1.57% | −5.69% | −3.24% | -- | -- | -- | -- |
Category average: the average of the 12 Dividend Yield funds, same plan type.
Aditya Birla Sun Life Msci India ETF vs Kotak Dividend Yield: Rolling Returns
Every holding period of both funds, against Nifty 500 TRI, the benchmark of Kotak Dividend Yield Fund
Aditya Birla Sun Life Msci India ETF vs Kotak Dividend Yield: 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 | Kotak Dividend Yield Fund (Direct) |
|---|---|---|
| Return (CAGR) | −10.53% | −11.19% |
| Standard deviation | 15.37% | 14.22% |
| Sharpe ratio | -1.03 | -1.15 |
| Sortino ratio | -1.35 | -1.49 |
| Maximum drawdown | −12.5% (31-03-2026) | −12.3% (30-03-2026) |
| Beta | -- | 0.90 |
| Alpha | -- | −4.62% |
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
Kotak Dividend Yield 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% |
| Kotak Dividend Yield Fund (Direct) | −12.2% | 26-02-2026 | 30-03-2026 | Not yet | -- | −9.1% |
| 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 Kotak Dividend Yield: Portfolio Overlap
From each fund's latest monthly portfolio: Aditya Birla Sun Life Msci India ETF, September 2026; Kotak Dividend Yield Fund, September 2026
Holdings in common
- Overlap
- 47.4%
- Held by both
- 48
- Only in Aditya Birla Sun Life Msci India ETF
- 117
- Only in Kotak Dividend Yield
- 9
| Security | % of Aditya Birla Sun Life Msci India ETF | % of Kotak Dividend Yield |
|---|---|---|
| HDFC Bank Ltd. | 6.44% | 5.55% |
| ICICI Bank Ltd. | 5.59% | 4.94% |
| Reliance Industries Ltd. | 5.44% | 2.62% |
| Bharti Airtel Ltd. | 3.93% | 2.62% |
| Larsen & Toubro Ltd. | 2.02% | 2.54% |
| Axis Bank Ltd. | 2.25% | 1.81% |
| Infosys Ltd. | 2.41% | 1.45% |
| State Bank of India | 1.41% | 2.51% |
| Sun Pharmaceutical Industries Ltd. | 1.30% | 2.16% |
| Titan Company Ltd. | 1.30% | 1.48% |
| Tata Consultancy Services Ltd. | 1.33% | 1.19% |
| Bajaj Finance Ltd. | 1.91% | 1.15% |
| Maruti Suzuki India Ltd. | 1.13% | 1.65% |
| NTPC Ltd. | 1.12% | 2.20% |
| Shriram Finance Ltd. | 1.11% | 1.95% |
| Tata Steel Ltd. | 1.10% | 1.51% |
| Bharat Electronics Ltd. | 1.07% | 1.42% |
| Hindalco Industries Ltd. | 0.97% | 1.02% |
| Mahindra & Mahindra Ltd. | 2.05% | 0.90% |
| Ultratech Cement Ltd. | 0.90% | 1.68% |
| Power Grid Corporation of India Ltd. | 0.87% | 1.43% |
| TVS Motor Company Ltd. | 0.78% | 1.96% |
| Tech Mahindra Ltd. | 0.66% | 1.17% |
| Apollo Hospitals Enterprise Ltd. | 0.65% | 2.01% |
| Cholamandalam Investment & Finance Co. Ltd. | 0.55% | 1.69% |
| Torrent Pharmaceuticals Ltd. | 0.55% | 0.88% |
| Max Healthcare Institute Ltd. | 0.52% | 2.03% |
| Coal India Ltd. | 0.52% | 0.90% |
| Hero MotoCorp Ltd. | 0.50% | 0.74% |
| BSE Ltd. | 0.49% | 0.70% |
| Persistent Systems Ltd. | 0.43% | 1.16% |
| Britannia Industries Ltd. | 0.42% | 1.36% |
| IndusInd Bank Ltd. | 0.41% | 2.00% |
| Oil & Natural Gas Corporation Ltd. | 0.46% | 0.41% |
| Indus Towers Ltd. | 0.37% | 1.84% |
| Bharat Forge Ltd. | 0.37% | 1.38% |
| Solar Industries India Ltd. | 0.36% | 2.64% |
| HDFC Asset Management Co. Ltd. | 0.35% | 1.51% |
| Ashok Leyland Ltd. | 0.34% | 0.86% |
| Power Finance Corporation Ltd. | 0.34% | 0.89% |
| DLF Ltd. | 0.33% | 0.84% |
| United Spirits Ltd. | 0.31% | 1.49% |
| GAIL (India) Ltd. | 0.31% | 1.00% |
| Hindustan Petroleum Corporation Ltd. | 0.27% | 0.62% |
| Bank of Baroda | 0.19% | 1.08% |
| L&T Finance Ltd. | 0.17% | 0.87% |
| Petronet LNG Ltd. | 0.17% | 0.76% |
| MRF Ltd. | 0.12% | 0.67% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 47.4% means 47.4% 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 |
|---|---|
| Kotak Mahindra Bank Ltd. | 1.82% |
| Eternal Ltd. | 1.22% |
| Hindustan Unilever Ltd. | 1.06% |
| Divi's Laboratories Ltd. | 0.88% |
| HCL Technologies Ltd. | 0.86% |
Largest holdings only in Kotak Dividend Yield Fund
| Security | % of fund |
|---|---|
| Schaeffler India Ltd | 2.74% |
| BANK OF MAHARASHTRA | 2.39% |
| KARUR VYSYA BANK LTD. | 2.38% |
| Ujjivan Small Finance Bank Ltd. | 2.15% |
| ASTER DM HEALTHCARE LTD | 2.07% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Aditya Birla Sun Life Msci India ETF | Kotak Dividend Yield |
|---|---|---|
| Equity | 99.8% | 94.1% |
| Debt | 0.0% | 0.0% |
| Cash and others | 0.2% | 5.9% |
Market cap of stocks
| Market cap | Aditya Birla Sun Life Msci India ETF | Kotak Dividend Yield |
|---|---|---|
| Large Cap | 80.6% | 64.7% |
| Mid Cap | 19.2% | 22.9% |
| Small Cap | 0.0% | 6.5% |
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 | Kotak Dividend Yield |
|---|---|---|
| Banks | 20.3% | 24.8% |
| Finance | 6.3% | 8.3% |
| IT - Software | 6.6% | 5.0% |
| Petroleum Products | 6.4% | 3.2% |
| Automobiles | 6.2% | 5.3% |
| Pharmaceuticals and Biotechnology | 0.0% | 6.2% |
| Healthcare Services | 1.5% | 6.1% |
| Pharmaceuticals & Biotechnology | 5.6% | 0.0% |
The six largest sectors of each fund's stocks, % of the fund.
Aditya Birla Sun Life Msci India ETF vs Kotak Dividend Yield: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Aditya Birla Sun Life Msci India ETF | Kotak Dividend Yield Fund |
|---|---|---|
| Total expense ratio (Direct) | Not available | 1.14% |
| Base expense ratio (Direct) | 0.00% | 0.90% |
| Total expense ratio (Regular) | Not available | 2.57% |
| Base expense ratio (Regular) | 0.16% | 2.10% |
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 Kotak Dividend Yield Fund: Frequently Asked Questions
What is the difference between Aditya Birla Sun Life Msci India ETF and Kotak Dividend Yield Fund?
Aditya Birla Sun Life Msci India ETF is an ETF fund, Kotak Dividend Yield Fund is a Dividend Yield fund, run by Aditya Birla Sun Life Mutual Fund and Kotak Mahindra Mutual Fund. Their portfolios overlap 47.4%. Aditya Birla Sun Life Msci India ETF charges 0.22% a year and Kotak Dividend Yield Fund 1.14%.
Which has the lower expense ratio, Aditya Birla Sun Life Msci India ETF or Kotak Dividend Yield 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 Kotak Dividend Yield Fund overlap?
47.4%. They hold 48 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 Kotak Dividend Yield Fund?
On SEBI's riskometer, Aditya Birla Sun Life Msci India ETF is rated Very High and Kotak Dividend Yield Fund Very High. Over their common history, the standard deviation of daily returns was 15.37% and 14.22% a year.
Can I invest in both Aditya Birla Sun Life Msci India ETF and Kotak Dividend Yield Fund?
Yes. 47.4% 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 Kotak Dividend Yield Fund?
Aditya Birla Sun Life Msci India ETF: Priya Sridhar, Mehul Dama. Kotak Dividend Yield Fund: Shibani Sircar Kurian, Abhishek Bisen.
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.