Aditya Birla Sun Life Msci India ETF vs SBI Equity Savings 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 Equity Savings Fund is an Equity Savings fund. Aditya Birla Sun Life Msci India ETF charges 0.22% a year and SBI Equity Savings Fund 1.46%. Their portfolios overlap 43.3%: they hold 68 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 Equity Savings? 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 1.46%.
- SBI Equity Savings fell less in its worst fall since 20-02-2026: −2.8% against −12.5%.
- Aditya Birla Sun Life Msci India ETF holds more in large companies: 80.6% of the fund in large caps against 57.1%.
- SBI Equity Savings is the larger fund: ₹5,413 Cr against ₹11 Cr.
- Their portfolios overlap 43.3%: 68 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 Equity Savings Fund |
|---|---|---|
| Fund house | Aditya Birla Sun Life Mutual Fund | SBI Mutual Fund |
| Category | ETF | Equity Savings |
| AUM | ₹11 Cr (30-09-2026) | ₹5,413 Cr (30-09-2026) |
| NAV | ₹27.93 | ₹27.27 (Direct) |
| Expense ratio (Direct) | Not available | 1.46% |
| Expense ratio (Regular) | Not available | 2.00% |
| Riskometer | Very High | Moderate |
| Benchmark | MSCI India Index | Nifty Equity Savings Index |
| Launch date | 17-02-2026 | 27-05-2015 |
| 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 | ₹1,000 |
| Lock in | None | None |
| Fund managers | Priya Sridhar, Mehul Dama | Neeraj Kumar - Arbitrage, Mansi Sajeja, Nidhi Chawla, Vandna Soni |
| Exit load | NIL | Exit load of 0.10% if redeemed within 15 days. |
Aditya Birla Sun Life Msci India ETF vs SBI Equity Savings: 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 Equity Savings Fund (Direct) | +0.07% | −0.47% | +1.05% | +1.43% | +7.91% | +7.95% | +8.92% |
| Equity Savings average | −0.02% | −0.68% | +1.71% | +2.12% | +8.55% | +7.55% | +8.43% |
Category average: the average of the 23 Equity Savings funds, same plan type.
Aditya Birla Sun Life Msci India ETF vs SBI Equity Savings: Year-wise Returns
| Year | Aditya Birla Sun Life Msci India ETFAditya Birla Sun Life Msci India ETF | SBI Equity SavingsSBI Equity Savings |
|---|---|---|
| 2026to date | -- | +1.07% |
| 2025 | -- | +5.62% |
| 2024 | -- | +12.59% |
| 2023 | -- | +18.13% |
| 2022 | -- | +2.40% |
| 2021 | -- | +13.94% |
Aditya Birla Sun Life Msci India ETF vs SBI Equity Savings: Rolling Returns
Every holding period of both funds
Aditya Birla Sun Life Msci India ETF vs SBI Equity Savings: 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 Equity Savings Fund (Direct) |
|---|---|---|
| Return (CAGR) | −10.53% | +9.23% |
| Standard deviation | 15.37% | 6.52% |
| Sharpe ratio | -1.03 | 0.56 |
| Sortino ratio | -1.35 | 0.75 |
| Maximum drawdown | −12.5% (31-03-2026) | −19.5% (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
SBI Equity Savings 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% |
| SBI Equity Savings Fund (Direct) | −2.8% | 23-02-2026 | 23-03-2026 | 21-04-2026 | 29 days | −1.1% |
From daily values since 20-02-2026, the first day every fund has.
Aditya Birla Sun Life Msci India ETF vs SBI Equity Savings: Portfolio Overlap
From each fund's latest monthly portfolio: Aditya Birla Sun Life Msci India ETF, September 2026; SBI Equity Savings Fund, September 2026
Holdings in common
- Overlap
- 43.3%
- Held by both
- 68
- Only in Aditya Birla Sun Life Msci India ETF
- 97
- Only in SBI Equity Savings
- 37
| Security | % of Aditya Birla Sun Life Msci India ETF | % of SBI Equity Savings |
|---|---|---|
| HDFC Bank Ltd. | 6.44% | 5.80% |
| ICICI Bank Ltd. | 5.59% | 5.14% |
| Reliance Industries Ltd. | 5.44% | 5.04% |
| Bharti Airtel Ltd. | 3.93% | 3.58% |
| Kotak Mahindra Bank Ltd. | 1.82% | 6.73% |
| Bajaj Finance Ltd. | 1.91% | 1.77% |
| Mahindra & Mahindra Ltd. | 2.05% | 1.76% |
| Axis Bank Ltd. | 2.25% | 1.63% |
| State Bank of India | 1.41% | 1.20% |
| Infosys Ltd. | 2.41% | 1.15% |
| Hindalco Industries Ltd. | 0.97% | 1.62% |
| Ultratech Cement Ltd. | 0.90% | 2.02% |
| Eicher Motors Ltd. | 0.78% | 1.76% |
| Apollo Hospitals Enterprise Ltd. | 0.65% | 1.40% |
| Hindustan Aeronautics Ltd. | 0.62% | 0.63% |
| JSW Steel Ltd. | 0.61% | 0.78% |
| Asian Paints Ltd. | 0.73% | 0.57% |
| Maruti Suzuki India Ltd. | 1.13% | 0.49% |
| Oil & Natural Gas Corporation Ltd. | 0.46% | 0.53% |
| Tata Power Company Ltd. | 0.43% | 0.48% |
| Tata Steel Ltd. | 1.10% | 0.42% |
| HDFC Life Insurance Company Ltd. | 0.41% | 1.39% |
| Bharat Heavy Electricals Ltd. | 0.40% | 0.68% |
| Indus Towers Ltd. | 0.37% | 0.51% |
| Divi's Laboratories Ltd. | 0.88% | 0.37% |
| Aurobindo Pharma Ltd. | 0.35% | 1.95% |
| DLF Ltd. | 0.33% | 0.56% |
| Jindal Steel Ltd. | 0.32% | 1.23% |
| Godrej Consumer Products Ltd. | 0.26% | 0.43% |
| Samvardhana Motherson International Ltd. | 0.55% | 0.26% |
| Shriram Finance Ltd. | 1.11% | 0.24% |
| Adani Ports and Special Economic Zone Ltd. | 0.83% | 0.23% |
| REC Ltd. | 0.28% | 0.23% |
| Aditya Birla Capital Ltd. | 0.23% | 0.71% |
| National Aluminium Company Ltd. | 0.22% | 1.41% |
| GMR Airports Ltd. | 0.22% | 0.55% |
| Hindustan Unilever Ltd. | 1.06% | 0.21% |
| Punjab National Bank | 0.21% | 0.27% |
| Sun Pharmaceutical Industries Ltd. | 1.30% | 0.20% |
| One 97 Communications Ltd. | 0.51% | 0.20% |
| Bank of Baroda | 0.19% | 1.64% |
| SBI Life Insurance Co. Ltd. | 0.61% | 0.19% |
| Ambuja Cements Ltd. | 0.18% | 0.23% |
| IndusInd Bank Ltd. | 0.41% | 0.17% |
| Colgate Palmolive (India) Ltd. | 0.16% | 0.44% |
| Adani Enterprises Ltd. | 0.59% | 0.15% |
| Shree Cement Ltd. | 0.15% | 0.20% |
| Power Finance Corporation Ltd. | 0.34% | 0.14% |
| NTPC Ltd. | 1.12% | 0.11% |
| NMDC Ltd. | 0.19% | 0.11% |
| Bosch Ltd. | 0.22% | 0.10% |
| Larsen & Toubro Ltd. | 2.02% | 0.08% |
| The Indian Hotels Company Ltd. | 0.48% | 0.08% |
| Dabur India Ltd. | 0.13% | 0.08% |
| Eternal Ltd. | 1.22% | 0.07% |
| United Spirits Ltd. | 0.31% | 0.07% |
| HDFC Asset Management Co. Ltd. | 0.35% | 0.06% |
| CG Power and Industrial Solutions Ltd. | 0.43% | 0.03% |
| Marico Ltd. | 0.33% | 0.03% |
| Grasim Industries Ltd. | 0.66% | 0.02% |
| Jio Financial Services Ltd. | 0.46% | 0.02% |
| Indian Oil Corporation Ltd. | 0.30% | 0.02% |
| Zydus Lifesciences Ltd. | 0.17% | 0.02% |
| Cholamandalam Investment & Finance Co. Ltd. | 0.55% | 0.01% |
| Pidilite Industries Ltd. | 0.33% | 0.01% |
| PB Fintech Ltd. | 0.29% | 0.01% |
| Hindustan Petroleum Corporation Ltd. | 0.27% | 0.01% |
| UPL Ltd. | 0.22% | 0.01% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 43.3% means 43.3% 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 |
|---|---|
| Tata Consultancy Services Ltd. | 1.33% |
| Titan Company Ltd. | 1.30% |
| Bharat Electronics Ltd. | 1.07% |
| Power Grid Corporation of India Ltd. | 0.87% |
| HCL Technologies Ltd. | 0.86% |
Largest holdings only in SBI Equity Savings Fund
| Security | % of fund |
|---|---|
| SBI Liquid Fund - DIRECT PLAN -Growth Option | 2.92% |
| Cholamandalam Investment & Finance Co. Ltd.Perpetual | 2.72% |
| 7.10% CGL 2034 | 2.30% |
| Life Insurance Corporation of India | 2.29% |
| Altius Telecom Infrastructure Trust | 2.20% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Aditya Birla Sun Life Msci India ETF | SBI Equity Savings |
|---|---|---|
| Equity | 99.8% | 66.2% |
| Debt | 0.0% | 21.1% |
| Cash and others | 0.2% | 12.7% |
Market cap of stocks
| Market cap | Aditya Birla Sun Life Msci India ETF | SBI Equity Savings |
|---|---|---|
| Large Cap | 80.6% | 57.1% |
| Mid Cap | 19.2% | 8.6% |
| Small Cap | 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 | SBI Equity Savings |
|---|---|---|
| Banks | 20.3% | 23.0% |
| IT - Software | 6.6% | 1.1% |
| Petroleum Products | 6.4% | 5.1% |
| Finance | 6.3% | 3.1% |
| Automobiles | 6.2% | 4.0% |
| Pharmaceuticals & Biotechnology | 5.6% | 2.5% |
| Telecom - Services | 4.7% | 4.1% |
| Insurance | 1.4% | 3.9% |
The six largest sectors of each fund's stocks, % of the fund.
Aditya Birla Sun Life Msci India ETF vs SBI Equity Savings: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Aditya Birla Sun Life Msci India ETF | SBI Equity Savings Fund |
|---|---|---|
| Total expense ratio (Direct) | Not available | 1.46% |
| Base expense ratio (Direct) | 0.00% | 0.80% |
| Total expense ratio (Regular) | Not available | 2.00% |
| Base expense ratio (Regular) | 0.16% | 1.26% |
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 Equity Savings Fund: Frequently Asked Questions
What is the difference between Aditya Birla Sun Life Msci India ETF and SBI Equity Savings Fund?
Aditya Birla Sun Life Msci India ETF is an ETF fund, SBI Equity Savings Fund is an Equity Savings fund, run by Aditya Birla Sun Life Mutual Fund and SBI Mutual Fund. Their portfolios overlap 43.3%. Aditya Birla Sun Life Msci India ETF charges 0.22% a year and SBI Equity Savings Fund 1.46%.
Which has the lower expense ratio, Aditya Birla Sun Life Msci India ETF or SBI Equity Savings Fund?
Aditya Birla Sun Life Msci India ETF charges less: 0.22% a year against 1.46%. These are the total expense ratios reported to AMFI.
How much do Aditya Birla Sun Life Msci India ETF and SBI Equity Savings Fund overlap?
43.3%. They hold 68 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 SBI Equity Savings Fund?
On SEBI's riskometer, Aditya Birla Sun Life Msci India ETF is rated Very High and SBI Equity Savings Fund Moderate. Over their common history, the standard deviation of daily returns was 15.37% and 6.52% a year.
Can I invest in both Aditya Birla Sun Life Msci India ETF and SBI Equity Savings Fund?
Yes. 43.3% 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 SBI Equity Savings Fund?
Aditya Birla Sun Life Msci India ETF: Priya Sridhar, Mehul Dama. SBI Equity Savings Fund: Neeraj Kumar - Arbitrage, Mansi Sajeja, Nidhi Chawla, Vandna Soni.
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.