Aditya Birla Sun Life NIFTY Bank ETF vs UTI Nifty Bank ETF
Direct Plan where a fund has one, Growth option · Data as on 30-10-2026
Aditya Birla Sun Life NIFTY Bank ETF is an ETF fund and UTI Nifty Bank ETF is an ETF fund. In the 3 years to 30-10-2026, Aditya Birla Sun Life NIFTY Bank ETF returned 8.9% a year and UTI Nifty Bank ETF (Direct) returned 9.0% a year. Their portfolios overlap 100.0%: they hold 14 of the same securities.
Aditya Birla Sun Life NIFTY Bank ETF
ETF
- 3 year return
- 8.9%
- Expense ratio
- 0.16%
- NAV
- ₹56.13
Which is better, Aditya Birla Sun Life NIFTY Bank ETF or UTI Nifty Bank ETF? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- UTI Nifty Bank ETF returned more over 5 years: 7.6% a year against 7.6%.
- UTI Nifty Bank ETF returned more over 3 years: 9.0% a year against 8.9%.
- Aditya Birla Sun Life NIFTY Bank ETF swung less over 3 years: a standard deviation of 15.9% a year against 16.0%.
- Aditya Birla Sun Life NIFTY Bank ETF fell less in its worst fall since 03-09-2020: −20.6% against −20.6%.
- UTI Nifty Bank ETF is the larger fund: ₹2,877 Cr against ₹2,356 Cr.
- Their portfolios overlap 100.0%: 14 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 NIFTY Bank ETF | UTI Nifty Bank ETF |
|---|---|---|
| Fund house | Aditya Birla Sun Life Mutual Fund | UTI Mutual Fund |
| Category | ETF | ETF |
| AUM | ₹2,356 Cr (30-09-2026) | ₹2,877 Cr (30-09-2026) |
| NAV | ₹56.13 | ₹56.63 (Direct) |
| Expense ratio (Direct) | Not available | 0.00% |
| Expense ratio (Regular) | Not available | Not available |
| Riskometer | Very High | Very High |
| Benchmark | Nifty Bank TRI | Nifty Bank TRI |
| Launch date | 23-10-2019 | 01-09-2020 |
| Minimum investment | For Subscription / Redemption of units directly with Mutual Fund: Subscription / Redemption facility directly with the Mutual Fund would be restricted to Authorized Participants and Large Investors. - Units of scheme may be subscribed to / redeemed only i | ₹5,000 |
| Lock in | None | None |
| Fund managers | Priya Sridhar, Mehul Dama | Sharwan Kumar Goyal FM 1, Ayush Jain FM 2, Lokesh Kulthia FM 3 |
| Exit load | Nil | Not available |
Aditya Birla Sun Life NIFTY Bank ETF vs UTI Nifty Bank 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 NIFTY Bank ETF | +0.09% | −4.19% | +0.23% | −5.34% | +8.95% | +7.59% | -- |
| UTI Nifty Bank ETF (Direct) | +0.08% | −4.19% | +0.23% | −5.36% | +8.99% | +7.64% | -- |
Aditya Birla Sun Life NIFTY Bank ETF vs UTI Nifty Bank ETF: Year-wise Returns
| Year | Aditya Birla Sun LifeAditya Birla Sun Life NIFTY Bank ETF | UTIUTI Nifty Bank ETF | Nifty Bank TRI |
|---|---|---|---|
| 2026to date | −7.77% | −7.79% | −7.61% |
| 2025 | +17.88% | +17.93% | +18.08% |
| 2024 | +6.04% | +6.11% | +6.26% |
| 2023 | +13.15% | +13.19% | +13.29% |
| 2022 | +21.85% | +22.02% | +22.14% |
| 2021 | +13.71% | +13.71% | +13.90% |
Aditya Birla Sun Life NIFTY Bank ETF vs UTI Nifty Bank ETF: Rolling Returns
Every holding period of both funds, against Nifty Bank TRI, the benchmark of both
Rolling returns
Every 3-year holding period, 779 of them, one for each trading day from 04-09-2023 to 30-10-2026: the yearly return (CAGR) of each, plotted on the day it ended. One lucky or unlucky start day cannot flatter or hide a fund.
Aditya Birla Sun Life NIFTY Bank ETF
UTI Nifty Bank ETF (Direct)
Nifty Bank TRI
to
Dec 2023Jun 2021
to
Jun 2024Dec 2021
to
Dec 2024Jul 2022
to
Jul 2025Jan 2023
to
Jan 2026Jul 2023
to
Jul 2026
How the periods spread
| Fund | Below 0% | 0-5% | 5-10% | 10-15% | 15-20% | 20-25% | Above 25% | Mean | Median | Lowest | Highest | Beat benchmark |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Aditya Birla Sun Life NIFTY Bank ETF | 0.0 | 0.0 | 20.9 | 55.8 | 16.9 | 3.3 | 3.0 | 13.3% | 12.7% | 7.1% | 29.4% | 0% |
| UTI Nifty Bank ETF | 0.0 | 0.0 | 20.3 | 56.4 | 16.7 | 3.7 | 3.0 | 13.3% | 12.8% | 7.1% | 29.4% | 1% |
| Nifty Bank TRI | 0.0 | 0.0 | 18.7 | 55.2 | 19.3 | 3.9 | 3.0 | 13.5% | 12.9% | 7.3% | 29.6% | -- |
The table shows the % of periods in each return band; a darker cell holds more of them. Lumpsum: the yearly rate (CAGR) from a period's first NAV to its last. SIP: the XIRR of the monthly instalments. The benchmark is Nifty Bank TRI, over the same periods. "Beat benchmark" counts the periods in which the fund did better. Every fund is measured over the days all of them have, from 03-09-2020. Past returns do not promise future returns.
Aditya Birla Sun Life NIFTY Bank ETF vs UTI Nifty Bank ETF: SIP and Lumpsum Returns
What the same monthly or one-time investment would be worth in each fund today, from their own NAV history
Growth of an investment
₹10,000 on the first trading day of every month, from 01-09-2020 to 30-10-2026: 74 instalments, ₹7,40,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Aditya Birla Sun Life NIFTY Bank ETFAditya Birla Sun Life NIFTY Bank ETF | ₹7,40,000 | ₹9,72,463 | ₹2,32,463 | 8.8% |
| UTI Nifty Bank ETFUTI Nifty Bank ETF (Direct) | ₹7,40,000 | ₹9,74,187 | ₹2,34,187 | 8.8% |
Aditya Birla Sun Life NIFTY Bank ETFAditya Birla Sun Life NIFTY Bank ETF
UTI Nifty Bank ETFUTI Nifty Bank ETF (Direct)
Amount invested
From each plan's published NAV (Growth option), over the same days. Return a year: XIRR for a SIP, CAGR for a lumpsum, shown for a year or more. It does not include exit load, stamp duty or tax. Past returns do not promise future returns.
Aditya Birla Sun Life NIFTY Bank ETF vs UTI Nifty Bank 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 NIFTY Bank ETF | UTI Nifty Bank ETF (Direct) |
|---|---|---|
| Return (CAGR) | −5.34% | −5.36% |
| Standard deviation | 16.98% | 17.02% |
| Sharpe ratio | -0.62 | -0.62 |
| Sortino ratio | -0.86 | -0.86 |
| Maximum drawdown | −18.4% (31-03-2026) | −18.4% (31-03-2026) |
| Beta | 1.00 | 1.00 |
| Alpha | −0.20% | −0.22% |
From daily NAVs, 30-10-2025 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.
| Measure | Aditya Birla Sun Life NIFTY Bank ETF | UTI Nifty Bank ETF (Direct) |
|---|---|---|
| Return (CAGR) | +8.95% | +8.99% |
| Standard deviation | 15.90% | 15.95% |
| Sharpe ratio | 0.18 | 0.19 |
| Sortino ratio | 0.26 | 0.26 |
| Maximum drawdown | −18.4% (31-03-2026) | −18.4% (31-03-2026) |
| Beta | 1.00 | 1.00 |
| Alpha | −0.21% | −0.17% |
From daily NAVs, 30-10-2023 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.
| Measure | Aditya Birla Sun Life NIFTY Bank ETF | UTI Nifty Bank ETF (Direct) |
|---|---|---|
| Return (CAGR) | +7.59% | +7.64% |
| Standard deviation | 16.66% | 16.69% |
| Sharpe ratio | 0.11 | 0.11 |
| Sortino ratio | 0.15 | 0.15 |
| Maximum drawdown | −18.4% (31-03-2026) | −18.4% (31-03-2026) |
| Beta | 1.00 | 1.00 |
| Alpha | −0.20% | −0.14% |
From daily NAVs, 29-10-2021 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.
| Measure | Aditya Birla Sun Life NIFTY Bank ETF | UTI Nifty Bank ETF (Direct) |
|---|---|---|
| Return (CAGR) | +9.82% | +15.34% |
| Standard deviation | 22.94% | 18.50% |
| Sharpe ratio | 0.20 | 0.54 |
| Sortino ratio | 0.28 | 0.78 |
| Maximum drawdown | −48.1% (23-03-2020) | −20.6% (16-06-2022) |
| Beta | 1.00 | 1.00 |
| Alpha | −0.24% | −0.15% |
From daily NAVs, 24-10-2019 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 NIFTY Bank ETF
UTI Nifty Bank ETF (Direct)
Nifty Bank TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Aditya Birla Sun Life NIFTY Bank ETF | −20.6% | 26-10-2021 | 16-06-2022 | 14-09-2022 | 3 months | −10.7% |
| UTI Nifty Bank ETF (Direct) | −20.6% | 26-10-2021 | 16-06-2022 | 14-09-2022 | 3 months | −10.7% |
| Nifty Bank TRI | −20.5% | 26-10-2021 | 16-06-2022 | 14-09-2022 | 3 months | −10.6% |
From daily values since 03-09-2020, the first day every fund has.
Rolling standard deviation
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 1-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
Aditya Birla Sun Life NIFTY Bank ETF
UTI Nifty Bank ETF (Direct)
Nifty Bank TRI
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 3-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
Aditya Birla Sun Life NIFTY Bank ETF
UTI Nifty Bank ETF (Direct)
Nifty Bank TRI
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 5-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
Aditya Birla Sun Life NIFTY Bank ETF
UTI Nifty Bank ETF (Direct)
Nifty Bank TRI
Against Nifty Bank TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| Aditya Birla Sun Life NIFTY Bank ETF | 100% | 100% | 0.05% |
| UTI Nifty Bank ETF (Direct) | 100% | 100% | 0.04% |
From month-end values since 03-09-2020. Up capture: a fund's average month when the benchmark rose, as % of the benchmark's; above 100% it gained more. Down capture: the same for months the benchmark fell; below 100% it fell less. Tracking error: how far the monthly returns strayed from the benchmark's, a year; an index fund aims near 0.
Aditya Birla Sun Life NIFTY Bank ETF vs UTI Nifty Bank ETF: Portfolio Overlap
From each fund's latest monthly portfolio: Aditya Birla Sun Life NIFTY Bank ETF, September 2026; UTI Nifty Bank ETF, September 2026
Holdings in common
- Overlap
- 100.0%
- Held by both
- 14
- Only in Aditya Birla Sun Life NIFTY Bank ETF
- 0
- Only in UTI Nifty Bank ETF
- 0
| Security | % of Aditya Birla Sun Life NIFTY Bank ETF | % of UTI Nifty Bank ETF |
|---|---|---|
| HDFC Bank Ltd. | 18.61% | 18.61% |
| ICICI Bank Ltd. | 14.18% | 14.18% |
| Kotak Mahindra Bank Ltd. | 10.20% | 10.20% |
| Axis Bank Ltd. | 10.05% | 10.06% |
| State Bank of India | 9.92% | 9.93% |
| The Federal Bank Ltd. | 6.56% | 6.56% |
| IndusInd Bank Ltd. | 4.97% | 4.97% |
| AU Small Finance Bank Ltd. | 4.85% | 4.85% |
| IDFC First Bank Ltd. | 4.54% | 4.54% |
| Bank of Baroda | 3.59% | 3.59% |
| Canara Bank | 3.37% | 3.37% |
| Punjab National Bank | 3.27% | 3.27% |
| Yes Bank Ltd. | 3.01% | 3.01% |
| Union Bank of India | 2.86% | 2.86% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 100.0% means 100.0% 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 NIFTY Bank ETF
Every holding of this fund is also held by the other.
Largest holdings only in UTI Nifty Bank ETF
Every holding of this fund is also held by the other.
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Aditya Birla Sun Life NIFTY Bank ETF | UTI Nifty Bank ETF |
|---|---|---|
| Equity | 100.0% | 100.0% |
| Debt | 0.0% | 0.0% |
| Cash and others | 0.0% | 0.0% |
Market cap of stocks
| Market cap | Aditya Birla Sun Life NIFTY Bank ETF | UTI Nifty Bank ETF |
|---|---|---|
| Large Cap | 76.1% | 76.1% |
| Mid Cap | 23.9% | 23.9% |
| 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 NIFTY Bank ETF | UTI Nifty Bank ETF |
|---|---|---|
| Banks | 100.0% | 100.0% |
The six largest sectors of each fund's stocks, % of the fund.
Aditya Birla Sun Life NIFTY Bank ETF vs UTI Nifty Bank ETF: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Aditya Birla Sun Life NIFTY Bank ETF | UTI Nifty Bank ETF |
|---|---|---|
| Total expense ratio (Direct) | Not available | 0.00% |
| Base expense ratio (Direct) | 0.00% | 0.00% |
| Base expense ratio (Regular) | 0.12% | 0.15% |
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 NIFTY Bank ETF vs UTI Nifty Bank ETF: Frequently Asked Questions
What is the difference between Aditya Birla Sun Life NIFTY Bank ETF and UTI Nifty Bank ETF?
Aditya Birla Sun Life NIFTY Bank ETF is an ETF fund, UTI Nifty Bank ETF is an ETF fund, run by Aditya Birla Sun Life Mutual Fund and UTI Mutual Fund. Their portfolios overlap 100.0%.
Which has given higher returns, Aditya Birla Sun Life NIFTY Bank ETF or UTI Nifty Bank ETF?
Over 1 year: Aditya Birla Sun Life NIFTY Bank ETF −5.34%, UTI Nifty Bank ETF −5.36%. Over 3 years: Aditya Birla Sun Life NIFTY Bank ETF +8.95% a year, UTI Nifty Bank ETF +8.99% a year. Over 5 years: Aditya Birla Sun Life NIFTY Bank ETF +7.59% a year, UTI Nifty Bank ETF +7.64% a year. As on 30-10-2026. Past returns do not promise future returns.
How much do Aditya Birla Sun Life NIFTY Bank ETF and UTI Nifty Bank ETF overlap?
100.0%. They hold 14 of the same securities, the largest shared ones being HDFCBANK, ICICIBANK, KOTAKBANK. From each fund's latest monthly portfolio.
Which is riskier, Aditya Birla Sun Life NIFTY Bank ETF or UTI Nifty Bank ETF?
On SEBI's riskometer, Aditya Birla Sun Life NIFTY Bank ETF is rated Very High and UTI Nifty Bank ETF Very High. Over 3 years, the standard deviation of daily returns was 15.90% and 15.95% a year.
Which is better for SIP, Aditya Birla Sun Life NIFTY Bank ETF or UTI Nifty Bank ETF?
Over the last 5 years, a monthly SIP of ₹10,000 from 01-10-2021 to 30-10-2026 grew to ₹7,32,499 in Aditya Birla Sun Life NIFTY Bank ETF (XIRR 7.1% a year) and ₹7,33,285 in UTI Nifty Bank ETF (XIRR 7.2% a year). Both received 61 instalments. Past returns do not promise future returns.
Can I invest in both Aditya Birla Sun Life NIFTY Bank ETF and UTI Nifty Bank ETF?
Yes. 100.0% 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 NIFTY Bank ETF and UTI Nifty Bank ETF?
Aditya Birla Sun Life NIFTY Bank ETF: Priya Sridhar, Mehul Dama. UTI Nifty Bank ETF: Sharwan Kumar Goyal FM 1, Ayush Jain FM 2, Lokesh Kulthia FM 3.
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.