Aditya Birla Sun Life Msci India ETF vs SBI Contra 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 SBI Contra Fund is a Value and Contra fund. Aditya Birla Sun Life Msci India ETF charges 0.22% a year and SBI Contra Fund 0.87%. Their portfolios overlap 36.1%: they hold 45 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 SBI Contra? 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 0.87%.
- SBI Contra fell less in its worst fall since 20-02-2026: −11.9% against −12.5%.
- SBI Contra holds 2.4% of the fund in foreign stocks; Aditya Birla Sun Life Msci India ETF 0.0%.
- Aditya Birla Sun Life Msci India ETF holds more in large companies: 80.6% of the fund in large caps against 50.2%.
- SBI Contra is the larger fund: ₹45,068 Cr against ₹11 Cr.
- Their portfolios overlap 36.1%: 45 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 | SBI Contra Fund |
|---|---|---|
| Fund house | Aditya Birla Sun Life Mutual Fund | SBI Mutual Fund |
| Category | ETF | Value and Contra |
| AUM | ₹11 Cr (30-09-2026) | ₹45,068 Cr (30-09-2026) |
| NAV | ₹27.93 | ₹393.34 (Direct) |
| Expense ratio (Direct) | Not available | 0.87% |
| Expense ratio (Regular) | Not available | 1.62% |
| Riskometer | Very High | Very High |
| Benchmark | MSCI India Index | BSE 500 TRI |
| Launch date | 17-02-2026 | 05-07-1999 |
| 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 | ₹5,000 |
| Lock in | None | None |
| Fund managers | Priya Sridhar, Mehul Dama | Dinesh Balachandran |
| Exit load | NIL | Exit load of 0.25% if redeemed within 30 days and 0.10% if redeemed after 30 days but on or before 90 days. |
Aditya Birla Sun Life Msci India ETF vs SBI Contra: 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% | -- | -- | -- | -- |
| SBI Contra Fund (Direct) | −1.16% | −5.77% | −4.40% | −9.28% | +10.39% | +13.53% | +14.70% |
| Value and Contra average | −2.09% | −5.76% | −3.23% | −5.72% | +11.83% | +11.08% | +12.63% |
Category average: the average of the 30 Value and Contra funds, same plan type.
Aditya Birla Sun Life Msci India ETF vs SBI Contra: Year-wise Returns
| Year | Aditya Birla Sun Life Msci India ETFAditya Birla Sun Life Msci India ETF | SBI ContraSBI Contra |
|---|---|---|
| 2026to date | -- | −10.04% |
| 2025 | -- | +7.02% |
| 2024 | -- | +19.94% |
| 2023 | -- | +39.53% |
| 2022 | -- | +13.63% |
| 2021 | -- | +50.98% |
Aditya Birla Sun Life Msci India ETF vs SBI Contra: Rolling Returns
Every holding period of both funds, against BSE 500 TRI, the benchmark of SBI Contra Fund
Aditya Birla Sun Life Msci India ETF vs SBI Contra: 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 | SBI Contra Fund (Direct) |
|---|---|---|
| Return (CAGR) | −10.53% | +14.64% |
| Standard deviation | 15.37% | 14.70% |
| Sharpe ratio | -1.03 | 0.58 |
| Sortino ratio | -1.35 | 0.78 |
| Maximum drawdown | −12.5% (31-03-2026) | −44.7% (23-03-2020) |
| Beta | -- | 0.88 |
| Alpha | -- | +2.58% |
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
SBI Contra Fund (Direct)
BSE 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% |
| SBI Contra Fund (Direct) | −11.9% | 26-02-2026 | 31-03-2026 | Not yet | -- | −9.1% |
| BSE 500 TRI | −12.6% | 23-02-2026 | 30-03-2026 | 31-07-2026 | 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 SBI Contra: Portfolio Overlap
From each fund's latest monthly portfolio: Aditya Birla Sun Life Msci India ETF, September 2026; SBI Contra Fund, September 2026
Holdings in common
- Overlap
- 36.1%
- Held by both
- 45
- Only in Aditya Birla Sun Life Msci India ETF
- 120
- Only in SBI Contra
- 46
| Security | % of Aditya Birla Sun Life Msci India ETF | % of SBI Contra |
|---|---|---|
| HDFC Bank Ltd. | 6.44% | 4.79% |
| Reliance Industries Ltd. | 5.44% | 4.67% |
| ICICI Bank Ltd. | 5.59% | 4.36% |
| Kotak Mahindra Bank Ltd. | 1.82% | 3.15% |
| State Bank of India | 1.41% | 1.60% |
| Axis Bank Ltd. | 2.25% | 1.33% |
| Bharti Airtel Ltd. | 3.93% | 1.23% |
| Tata Steel Ltd. | 1.10% | 2.13% |
| Maruti Suzuki India Ltd. | 1.13% | 1.04% |
| Hindalco Industries Ltd. | 0.97% | 1.18% |
| Larsen & Toubro Ltd. | 2.02% | 0.84% |
| Grasim Industries Ltd. | 0.66% | 0.76% |
| Tech Mahindra Ltd. | 0.66% | 1.79% |
| ITC Ltd. | 0.63% | 1.81% |
| Tata Motors Ltd. | 0.62% | 1.16% |
| JSW Steel Ltd. | 0.61% | 0.81% |
| Infosys Ltd. | 2.41% | 0.61% |
| Bajaj Auto Ltd. | 0.58% | 1.35% |
| Samvardhana Motherson International Ltd. | 0.55% | 1.21% |
| Cipla Ltd. | 0.54% | 1.15% |
| One 97 Communications Ltd. | 0.51% | 1.02% |
| Hero MotoCorp Ltd. | 0.50% | 0.52% |
| Oil & Natural Gas Corporation Ltd. | 0.46% | 1.20% |
| Tata Consultancy Services Ltd. | 1.33% | 0.42% |
| Tata Motors Passenger Vehicles Ltd. | 0.42% | 1.03% |
| Indus Towers Ltd. | 0.37% | 2.66% |
| Lupin Ltd. | 0.37% | 0.45% |
| HDFC Asset Management Co. Ltd. | 0.35% | 0.33% |
| United Spirits Ltd. | 0.31% | 0.88% |
| GAIL (India) Ltd. | 0.31% | 2.33% |
| FSN E-Commerce Ventures Ltd. | 0.31% | 1.58% |
| Indian Oil Corporation Ltd. | 0.30% | 1.08% |
| Wipro Ltd. | 0.29% | 0.53% |
| UPL Ltd. | 0.22% | 1.05% |
| HCL Technologies Ltd. | 0.86% | 0.21% |
| Punjab National Bank | 0.21% | 2.91% |
| Mankind Pharma Ltd. | 0.21% | 0.74% |
| NHPC Ltd. | 0.19% | 1.08% |
| NMDC Ltd. | 0.19% | 0.48% |
| Aurobindo Pharma Ltd. | 0.35% | 0.18% |
| JSW Energy Ltd. | 0.18% | 0.83% |
| Torrent Power Ltd. | 0.18% | 2.48% |
| Petronet LNG Ltd. | 0.17% | 0.60% |
| Dabur India Ltd. | 0.13% | 1.59% |
| ICICI Prudential Life Insurance Company Ltd. | 0.13% | 1.08% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 36.1% means 36.1% 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 |
|---|---|
| Mahindra & Mahindra Ltd. | 2.05% |
| Bajaj Finance Ltd. | 1.91% |
| Sun Pharmaceutical Industries Ltd. | 1.30% |
| Titan Company Ltd. | 1.30% |
| Eternal Ltd. | 1.22% |
Largest holdings only in SBI Contra Fund
| Security | % of fund |
|---|---|
| Biocon Ltd. | 3.29% |
| Mahindra & Mahindra Financial Services Ltd. | 1.95% |
| JSW Infrastructure Ltd. | 1.58% |
| Bandhan Bank Ltd. | 1.46% |
| Aster DM Quality Care Ltd. | 1.42% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Aditya Birla Sun Life Msci India ETF | SBI Contra |
|---|---|---|
| Equity | 99.8% | 90.9% |
| Debt | 0.0% | 2.2% |
| Cash and others | 0.2% | 6.8% |
Market cap of stocks
| Market cap | Aditya Birla Sun Life Msci India ETF | SBI Contra |
|---|---|---|
| Large Cap | 80.6% | 50.2% |
| Mid Cap | 19.2% | 24.5% |
| Small Cap | 0.0% | 13.8% |
| Foreign stocks | 0.0% | 2.4% |
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 | SBI Contra |
|---|---|---|
| Banks | 20.3% | 20.2% |
| Pharmaceuticals & Biotechnology | 5.6% | 6.7% |
| IT - Software | 6.6% | 3.6% |
| Petroleum Products | 6.4% | 5.8% |
| Finance | 6.3% | 1.9% |
| Automobiles | 6.2% | 3.9% |
| Power | 3.7% | 5.0% |
| Telecom - Services | 4.7% | 3.9% |
The six largest sectors of each fund's stocks, % of the fund.
Aditya Birla Sun Life Msci India ETF vs SBI Contra: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Aditya Birla Sun Life Msci India ETF | SBI Contra Fund |
|---|---|---|
| Total expense ratio (Direct) | Not available | 0.87% |
| Base expense ratio (Direct) | 0.00% | 0.63% |
| Total expense ratio (Regular) | Not available | 1.62% |
| Base expense ratio (Regular) | 0.16% | 1.27% |
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 SBI Contra Fund: Frequently Asked Questions
What is the difference between Aditya Birla Sun Life Msci India ETF and SBI Contra Fund?
Aditya Birla Sun Life Msci India ETF is an ETF fund, SBI Contra Fund is a Value and Contra fund, run by Aditya Birla Sun Life Mutual Fund and SBI Mutual Fund. Their portfolios overlap 36.1%. Aditya Birla Sun Life Msci India ETF charges 0.22% a year and SBI Contra Fund 0.87%.
Which has the lower expense ratio, Aditya Birla Sun Life Msci India ETF or SBI Contra Fund?
Aditya Birla Sun Life Msci India ETF charges less: 0.22% a year against 0.87%. These are the total expense ratios reported to AMFI.
How much do Aditya Birla Sun Life Msci India ETF and SBI Contra Fund overlap?
36.1%. They hold 45 of the same securities, the largest shared ones being HDFCBANK, RELIANCE, ICICIBANK. From each fund's latest monthly portfolio.
Which is riskier, Aditya Birla Sun Life Msci India ETF or SBI Contra Fund?
On SEBI's riskometer, Aditya Birla Sun Life Msci India ETF is rated Very High and SBI Contra Fund Very High. Over their common history, the standard deviation of daily returns was 15.37% and 14.70% a year.
Can I invest in both Aditya Birla Sun Life Msci India ETF and SBI Contra Fund?
Yes. 36.1% 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 SBI Contra Fund?
Aditya Birla Sun Life Msci India ETF: Priya Sridhar, Mehul Dama. SBI Contra Fund: Dinesh Balachandran.
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.