Aditya Birla Sun Life Msci India ETF vs Zerodha Nifty 100 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 Zerodha Nifty 100 ETF is an ETF fund. Aditya Birla Sun Life Msci India ETF charges 0.22% a year and Zerodha Nifty 100 ETF 0.28%. Their portfolios overlap 80.9%: they hold 94 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 Zerodha Nifty 100 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 0.28%.
- Aditya Birla Sun Life Msci India ETF fell less in its worst fall since 20-02-2026: −12.5% against −13.2%.
- Zerodha Nifty 100 ETF holds more in large companies: 97.9% of the fund in large caps against 80.6%.
- Zerodha Nifty 100 ETF is the larger fund: ₹165 Cr against ₹11 Cr.
- Their portfolios overlap 80.9%: 94 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 | Zerodha Nifty 100 ETF |
|---|---|---|
| Fund house | Aditya Birla Sun Life Mutual Fund | Zerodha Mutual Fund |
| Category | ETF | ETF |
| AUM | ₹11 Cr (30-09-2026) | ₹165 Cr (30-09-2026) |
| NAV | ₹27.93 | ₹10.09 (Direct) |
| Expense ratio (Direct) | Not available | 0.28% |
| Expense ratio (Regular) | Not available | Not available |
| Riskometer | Very High | Very High |
| Benchmark | MSCI India Index | Nifty 100 TRI |
| Launch date | 17-02-2026 | 12-06-2024 |
| 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 | In creation unit size of 765,000 units and in multiples thereafter |
| Lock in | None | None |
| Fund managers | Priya Sridhar, Mehul Dama | Kedarnath Mirajkar |
| Exit load | NIL | Not available |
Aditya Birla Sun Life Msci India ETF vs Zerodha Nifty 100 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% | -- | -- | -- | -- |
| Zerodha Nifty 100 ETF (Direct) | +1.04% | −5.28% | −2.92% | −8.69% | -- | -- | -- |
Aditya Birla Sun Life Msci India ETF vs Zerodha Nifty 100 ETF: Year-wise Returns
| Year | Aditya Birla Sun Life Msci IndiaAditya Birla Sun Life Msci India ETF | Zerodha Nifty 100Zerodha Nifty 100 ETF |
|---|---|---|
| 2026to date | -- | −9.32% |
| 2025 | -- | +10.15% |
Aditya Birla Sun Life Msci India ETF vs Zerodha Nifty 100 ETF: Rolling Returns
Every holding period of both funds, against Nifty 100 TRI, the benchmark of Zerodha Nifty 100 ETF
Aditya Birla Sun Life Msci India ETF vs Zerodha Nifty 100 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 | Zerodha Nifty 100 ETF (Direct) |
|---|---|---|
| Return (CAGR) | −10.53% | −0.19% |
| Standard deviation | 15.37% | 13.27% |
| Sharpe ratio | -1.03 | -0.45 |
| Sortino ratio | -1.35 | -0.62 |
| Maximum drawdown | −12.5% (31-03-2026) | −17.2% (28-02-2025) |
| Beta | -- | 1.00 |
| Alpha | -- | −0.06% |
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
Zerodha Nifty 100 ETF (Direct)
Nifty 100 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% |
| Zerodha Nifty 100 ETF (Direct) | −13.2% | 23-02-2026 | 30-03-2026 | Not yet | -- | −8.3% |
| Nifty 100 TRI | −13.2% | 23-02-2026 | 30-03-2026 | Not yet | -- | −8.3% |
From daily values since 20-02-2026, the first day every fund has.
Aditya Birla Sun Life Msci India ETF vs Zerodha Nifty 100 ETF: Portfolio Overlap
From each fund's latest monthly portfolio: Aditya Birla Sun Life Msci India ETF, September 2026; Zerodha Nifty 100 ETF, September 2026
Holdings in common
- Overlap
- 80.9%
- Held by both
- 94
- Only in Aditya Birla Sun Life Msci India ETF
- 71
- Only in Zerodha Nifty 100 ETF
- 6
| Security | % of Aditya Birla Sun Life Msci India ETF | % of Zerodha Nifty 100 ETF |
|---|---|---|
| HDFC Bank Ltd. | 6.44% | 8.41% |
| ICICI Bank Ltd. | 5.59% | 7.34% |
| Reliance Industries Ltd. | 5.44% | 6.15% |
| Bharti Airtel Ltd. | 3.93% | 4.14% |
| Infosys Ltd. | 2.41% | 2.72% |
| Axis Bank Ltd. | 2.25% | 2.73% |
| Mahindra & Mahindra Ltd. | 2.05% | 2.04% |
| Larsen & Toubro Ltd. | 2.02% | 3.41% |
| Bajaj Finance Ltd. | 1.91% | 2.03% |
| Kotak Mahindra Bank Ltd. | 1.82% | 2.38% |
| State Bank of India | 1.41% | 3.07% |
| Tata Consultancy Services Ltd. | 1.33% | 1.62% |
| Sun Pharmaceutical Industries Ltd. | 1.30% | 1.49% |
| Titan Company Ltd. | 1.30% | 1.47% |
| Eternal Ltd. | 1.22% | 1.80% |
| Maruti Suzuki India Ltd. | 1.13% | 1.21% |
| NTPC Ltd. | 1.12% | 1.19% |
| Tata Steel Ltd. | 1.10% | 1.18% |
| Bharat Electronics Ltd. | 1.07% | 1.08% |
| Shriram Finance Ltd. | 1.11% | 1.07% |
| Hindustan Unilever Ltd. | 1.06% | 1.29% |
| Hindalco Industries Ltd. | 0.97% | 1.06% |
| Ultratech Cement Ltd. | 0.90% | 1.00% |
| Divi's Laboratories Ltd. | 0.88% | 0.91% |
| Power Grid Corporation of India Ltd. | 0.87% | 0.91% |
| HCL Technologies Ltd. | 0.86% | 1.00% |
| Adani Ports and Special Economic Zone Ltd. | 0.83% | 1.09% |
| Eicher Motors Ltd. | 0.78% | 0.76% |
| Interglobe Aviation Ltd. | 0.75% | 0.87% |
| TVS Motor Company Ltd. | 0.78% | 0.75% |
| Asian Paints Ltd. | 0.73% | 0.84% |
| Grasim Industries Ltd. | 0.66% | 0.89% |
| Tech Mahindra Ltd. | 0.66% | 0.75% |
| Apollo Hospitals Enterprise Ltd. | 0.65% | 0.65% |
| ITC Ltd. | 0.63% | 1.96% |
| Hindustan Aeronautics Ltd. | 0.62% | 0.69% |
| Tata Motors Ltd. | 0.62% | 0.68% |
| JSW Steel Ltd. | 0.61% | 0.93% |
| Nestle India Ltd. | 0.60% | 0.73% |
| Adani Enterprises Ltd. | 0.59% | 0.76% |
| SBI Life Insurance Co. Ltd. | 0.61% | 0.59% |
| Bajaj Auto Ltd. | 0.58% | 0.92% |
| Trent Ltd. | 0.56% | 0.68% |
| Samvardhana Motherson International Ltd. | 0.55% | 0.56% |
| Torrent Pharmaceuticals Ltd. | 0.55% | 0.55% |
| Cipla Ltd. | 0.54% | 0.59% |
| Cholamandalam Investment & Finance Co. Ltd. | 0.55% | 0.54% |
| Adani Power Ltd. | 0.53% | 0.66% |
| Bajaj Finserv Ltd. | 0.53% | 0.78% |
| Max Healthcare Institute Ltd. | 0.52% | 0.53% |
| Coal India Ltd. | 0.52% | 0.79% |
| Cummins India Ltd. | 0.50% | 0.50% |
| Dr. Reddy's Laboratories Ltd. | 0.49% | 0.58% |
| BSE Ltd. | 0.49% | 0.98% |
| Oil & Natural Gas Corporation Ltd. | 0.46% | 0.68% |
| Jio Financial Services Ltd. | 0.46% | 0.55% |
| Vedanta Aluminium Metal Ltd. | 0.45% | 0.55% |
| Avenue Supermarts Ltd. | 0.44% | 0.47% |
| Varun Beverages Ltd. | 0.44% | 0.46% |
| Tata Power Company Ltd. | 0.43% | 0.47% |
| CG Power and Industrial Solutions Ltd. | 0.43% | 0.45% |
| Britannia Industries Ltd. | 0.42% | 0.44% |
| Tata Motors Passenger Vehicles Ltd. | 0.42% | 0.46% |
| Tata Consumer Products Ltd. | 0.41% | 0.46% |
| HDFC Life Insurance Company Ltd. | 0.41% | 0.43% |
| Bharat Petroleum Corporation Ltd. | 0.39% | 0.47% |
| Solar Industries India Ltd. | 0.36% | 0.37% |
| HDFC Asset Management Co. Ltd. | 0.35% | 0.35% |
| Power Finance Corporation Ltd. | 0.34% | 0.37% |
| Polycab India Ltd. | 0.34% | 0.34% |
| DLF Ltd. | 0.33% | 0.33% |
| Pidilite Industries Ltd. | 0.33% | 0.35% |
| Jindal Steel Ltd. | 0.32% | 0.33% |
| GAIL (India) Ltd. | 0.31% | 0.36% |
| Indian Oil Corporation Ltd. | 0.30% | 0.39% |
| Wipro Ltd. | 0.29% | 0.33% |
| Hitachi Energy India Ltd. | 0.29% | 0.31% |
| Vedanta Ltd. | 0.28% | 0.35% |
| Vodafone Idea Ltd. | 0.27% | 0.28% |
| Godrej Consumer Products Ltd. | 0.26% | 0.26% |
| ABB India Ltd. | 0.24% | 0.28% |
| Siemens Ltd. | 0.23% | 0.25% |
| Muthoot Finance Ltd. | 0.24% | 0.23% |
| Bajaj Holdings & Investment Ltd. | 0.23% | 0.36% |
| Bosch Ltd. | 0.22% | 0.31% |
| Adani Energy Solutions Ltd. | 0.22% | 0.33% |
| Siemens Energy India Ltd. | 0.21% | 0.22% |
| Union Bank of India | 0.21% | 0.25% |
| Punjab National Bank | 0.21% | 0.30% |
| LTM Ltd. | 0.20% | 0.29% |
| Bank of Baroda | 0.19% | 0.33% |
| Ambuja Cements Ltd. | 0.18% | 0.18% |
| Canara Bank | 0.17% | 0.31% |
| Zydus Lifesciences Ltd. | 0.17% | 0.22% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 80.9% means 80.9% 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 |
|---|---|
| Laurus Labs Ltd. | 0.55% |
| One 97 Communications Ltd. | 0.51% |
| Hero MotoCorp Ltd. | 0.50% |
| The Indian Hotels Company Ltd. | 0.48% |
| The Federal Bank Ltd. | 0.46% |
Largest holdings only in Zerodha Nifty 100 ETF
| Security | % of fund |
|---|---|
| Adani Green Energy Limited | 0.33% |
| Hyundai Motor India Limited | 0.22% |
| Hindustan Zinc Limited | 0.21% |
| Tata Capital Ltd | 0.14% |
| Mazagon Dock Shipbuilders Limited | 0.12% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Aditya Birla Sun Life Msci India ETF | Zerodha Nifty 100 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 | Zerodha Nifty 100 ETF |
|---|---|---|
| Large Cap | 80.6% | 97.9% |
| Mid Cap | 19.2% | 2.0% |
| Small Cap | 0.0% | 0.0% |
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 | Zerodha Nifty 100 ETF |
|---|---|---|
| Banks | 20.3% | 25.1% |
| Petroleum Products | 6.4% | 7.0% |
| IT - Software | 6.6% | 6.7% |
| Automobiles | 6.2% | 6.4% |
| Finance | 6.3% | 6.2% |
| Pharmaceuticals & Biotechnology | 5.6% | 4.3% |
| Telecom - Services | 4.7% | 4.4% |
The six largest sectors of each fund's stocks, % of the fund.
Aditya Birla Sun Life Msci India ETF vs Zerodha Nifty 100 ETF: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Aditya Birla Sun Life Msci India ETF | Zerodha Nifty 100 ETF |
|---|---|---|
| Total expense ratio (Direct) | Not available | 0.28% |
| Base expense ratio (Direct) | 0.00% | 0.22% |
| 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 Zerodha Nifty 100 ETF: Frequently Asked Questions
What is the difference between Aditya Birla Sun Life Msci India ETF and Zerodha Nifty 100 ETF?
Aditya Birla Sun Life Msci India ETF is an ETF fund, Zerodha Nifty 100 ETF is an ETF fund, run by Aditya Birla Sun Life Mutual Fund and Zerodha Mutual Fund. Their portfolios overlap 80.9%. Aditya Birla Sun Life Msci India ETF charges 0.22% a year and Zerodha Nifty 100 ETF 0.28%.
Which has the lower expense ratio, Aditya Birla Sun Life Msci India ETF or Zerodha Nifty 100 ETF?
Aditya Birla Sun Life Msci India ETF charges less: 0.22% a year against 0.28%. These are the total expense ratios reported to AMFI.
How much do Aditya Birla Sun Life Msci India ETF and Zerodha Nifty 100 ETF overlap?
80.9%. They hold 94 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 Zerodha Nifty 100 ETF?
On SEBI's riskometer, Aditya Birla Sun Life Msci India ETF is rated Very High and Zerodha Nifty 100 ETF Very High. Over their common history, the standard deviation of daily returns was 15.37% and 13.27% a year.
Can I invest in both Aditya Birla Sun Life Msci India ETF and Zerodha Nifty 100 ETF?
Yes. 80.9% 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 Zerodha Nifty 100 ETF?
Aditya Birla Sun Life Msci India ETF: Priya Sridhar, Mehul Dama. Zerodha Nifty 100 ETF: Kedarnath Mirajkar.
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.