Aditya Birla Sun Life Nifty Healthcare ETF vs LIC MF Healthcare Fund
Direct Plan where a fund has one, Growth option · Data as on 30-10-2026
Aditya Birla Sun Life Nifty Healthcare ETF is an ETF fund and LIC MF Healthcare Fund is a Thematic fund. In the 3 years to 30-10-2026, Aditya Birla Sun Life Nifty Healthcare ETF returned 21.5% a year and LIC MF Healthcare Fund (Direct) returned 22.4% a year. Aditya Birla Sun Life Nifty Healthcare ETF charges 0.22% a year and LIC MF Healthcare Fund 1.38%. Their portfolios overlap 55.4%: they hold 13 of the same securities.
Aditya Birla Sun Life Nifty Healthcare ETF
ETF
- 3 year return
- 21.5%
- Expense ratio
- 0.22%
- NAV
- ₹16.92
LIC MF Healthcare Fund
Thematic
- 3 year return
- 22.4%
- Expense ratio
- 1.38%
- NAV
- ₹36.37
Which is better, Aditya Birla Sun Life Nifty Healthcare ETF or LIC MF Healthcare? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- LIC MF Healthcare returned more over 3 years: 22.4% a year against 21.5%.
- Aditya Birla Sun Life Nifty Healthcare ETF returned more over 1 year: 11.3% against 11.0%.
- Aditya Birla Sun Life Nifty Healthcare ETF costs less: 0.22% a year against 1.38%.
- LIC MF Healthcare swung less over 3 years: a standard deviation of 14.1% a year against 14.6%.
- LIC MF Healthcare fell less in its worst fall since 31-07-2023: −15.1% against −15.7%.
- Aditya Birla Sun Life Nifty Healthcare ETF holds more in large companies: 47.9% of the fund in large caps against 30.4%.
- LIC MF Healthcare is the larger fund: ₹99 Cr against ₹75 Cr.
- Their portfolios overlap 55.4%: 13 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 Healthcare ETF | LIC MF Healthcare Fund |
|---|---|---|
| Fund house | Aditya Birla Sun Life Mutual Fund | LIC Mutual Fund |
| Category | ETF | Thematic |
| AUM | ₹75 Cr (30-09-2026) | ₹99 Cr (30-09-2026) |
| NAV | ₹16.92 | ₹36.37 (Direct) |
| Expense ratio (Direct) | Not available | 1.38% |
| Expense ratio (Regular) | Not available | 2.68% |
| Riskometer | Very High | Very High |
| Benchmark | NIFTY Healthcare TRI | BSE Healthcare TRI |
| Launch date | 20-10-2021 | 28-02-2019 |
| 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 | Sudhanshu Asthana, Dhaval Sangoi |
| Exit load | NIL | Nil, If units of the Scheme are redeemed or switched out up to 12% of the units (the limit) within 90 days from the date of allotment. 1% of the applicable NAV, If units of the scheme are redeemed or switched out in excess of the limit within 90 days from the date of allotment. Nil, If units of scheme are redeemed or switched out after 90 days from the date of allotment. |
Aditya Birla Sun Life Nifty Healthcare ETF vs LIC MF Healthcare: 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 Healthcare ETF | +1.92% | −1.53% | +10.47% | +11.28% | +21.51% | +14.49% | -- |
| LIC MF Healthcare Fund (Direct) | −0.28% | −0.59% | +12.42% | +10.96% | +22.45% | -- | -- |
| Thematic average | −2.09% | −4.52% | +0.86% | −1.22% | +13.76% | -- | -- |
Category average: the average of the 235 Thematic funds, same plan type.
Aditya Birla Sun Life Nifty Healthcare ETF vs LIC MF Healthcare: Year-wise Returns
| Year | Aditya Birla Sun Life Nifty Healthcare ETFAditya Birla Sun Life Nifty Healthcare ETF | LIC MF HealthcareLIC MF Healthcare |
|---|---|---|
| 2026to date | +12.72% | +13.82% |
| 2025 | −1.71% | −3.21% |
| 2024 | +41.77% | +43.90% |
| 2023 | +33.82% | -- |
| 2022 | −10.15% | -- |
Aditya Birla Sun Life Nifty Healthcare ETF vs LIC MF Healthcare: Rolling Returns
Every holding period of both funds, against Nifty Healthcare Index TRI, the benchmark of Aditya Birla Sun Life Nifty Healthcare ETF
Rolling returns
Every 3-year holding period, 62 of them, one for each trading day from 31-07-2026 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 Healthcare ETF
LIC MF Healthcare Fund (Direct)
Nifty Healthcare Index TRI
to
Aug 2026Aug 2023
to
Aug 2026Sept 2023
to
Sept 2026Sept 2023
to
Sept 2026Oct 2023
to
Oct 2026Oct 2023
to
Oct 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 Healthcare ETF | 0.0 | 0.0 | 0.0 | 0.0 | 30.6 | 69.4 | 0.0 | 20.3% | 20.5% | 18.0% | 22.0% | 0% |
| LIC MF Healthcare | 0.0 | 0.0 | 0.0 | 0.0 | 3.3 | 96.7 | 0.0 | 22.1% | 22.3% | 19.7% | 24.1% | 100% |
| Nifty Healthcare Index TRI | 0.0 | 0.0 | 0.0 | 0.0 | 30.6 | 69.4 | 0.0 | 20.3% | 20.5% | 18.1% | 22.0% | -- |
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 Healthcare Index 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 31-07-2023. Past returns do not promise future returns.
Aditya Birla Sun Life Nifty Healthcare ETF vs LIC MF Healthcare: 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 03-07-2023 to 30-10-2026: 40 instalments, ₹4,00,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Aditya Birla Sun Life Nifty Healthcare ETFAditya Birla Sun Life Nifty Healthcare ETF | ₹4,00,000 | ₹5,10,497 | ₹1,10,497 | 14.8% |
| LIC MF HealthcareLIC MF Healthcare Fund (Direct) | ₹4,00,000 | ₹5,13,566 | ₹1,13,566 | 15.2% |
Aditya Birla Sun Life Nifty Healthcare ETFAditya Birla Sun Life Nifty Healthcare ETF
LIC MF HealthcareLIC MF Healthcare Fund (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 Healthcare ETF vs LIC MF Healthcare: 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 Healthcare ETF | LIC MF Healthcare Fund (Direct) |
|---|---|---|
| Return (CAGR) | +11.28% | +10.96% |
| Standard deviation | 13.99% | 13.57% |
| Sharpe ratio | 0.43 | 0.42 |
| Sortino ratio | 0.64 | 0.60 |
| Maximum drawdown | −9.2% (23-10-2026) | −11.0% (23-10-2026) |
| Beta | 1.00 | 0.95 |
| Alpha | −0.22% | −1.03% |
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 Healthcare ETF | LIC MF Healthcare Fund (Direct) |
|---|---|---|
| Return (CAGR) | +21.51% | +22.45% |
| Standard deviation | 14.65% | 14.05% |
| Sharpe ratio | 1.06 | 1.17 |
| Sortino ratio | 1.52 | 1.66 |
| Maximum drawdown | −15.7% (28-02-2025) | −15.1% (28-02-2025) |
| Beta | 1.00 | 0.94 |
| Alpha | −0.02% | +0.43% |
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 Healthcare ETF | LIC MF Healthcare Fund (Direct) |
|---|---|---|
| Return (CAGR) | +14.29% | +19.73% |
| Standard deviation | 14.84% | 13.85% |
| Sharpe ratio | 0.57 | 0.98 |
| Sortino ratio | 0.83 | 1.39 |
| Maximum drawdown | −18.3% (17-06-2022) | −15.1% (28-02-2025) |
| Beta | 1.00 | 0.94 |
| Alpha | −0.05% | −0.06% |
From daily NAVs, 26-10-2021 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.
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 Healthcare ETF
LIC MF Healthcare Fund (Direct)
Nifty Healthcare Index 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 Healthcare ETF | −15.7% | 02-01-2025 | 28-02-2025 | 29-07-2025 | 5 months | −3.0% |
| LIC MF Healthcare Fund (Direct) | −15.1% | 05-12-2024 | 28-02-2025 | 06-05-2026 | 14 months | −5.5% |
| Nifty Healthcare Index TRI | −15.7% | 02-01-2025 | 28-02-2025 | 29-07-2025 | 5 months | −2.9% |
From daily values since 31-07-2023, 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 Healthcare ETF
LIC MF Healthcare Fund (Direct)
Nifty Healthcare Index 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 Healthcare ETF
LIC MF Healthcare Fund (Direct)
Nifty Healthcare Index TRI
Against Nifty Healthcare Index TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| Aditya Birla Sun Life Nifty Healthcare ETF | 100% | 100% | 0.32% |
| LIC MF Healthcare Fund (Direct) | 91% | 75% | 6.37% |
From month-end values since 31-07-2023. 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 Healthcare ETF vs LIC MF Healthcare: Portfolio Overlap
From each fund's latest monthly portfolio: Aditya Birla Sun Life Nifty Healthcare ETF, September 2026; LIC MF Healthcare Fund, September 2026
Holdings in common
- Overlap
- 55.4%
- Held by both
- 13
- Only in Aditya Birla Sun Life Nifty Healthcare ETF
- 7
- Only in LIC MF Healthcare
- 12
| Security | % of Aditya Birla Sun Life Nifty Healthcare ETF | % of LIC MF Healthcare |
|---|---|---|
| Sun Pharmaceutical Industries Ltd. | 17.00% | 9.59% |
| Divi's Laboratories Ltd. | 10.46% | 9.07% |
| Torrent Pharmaceuticals Ltd. | 6.26% | 6.04% |
| Apollo Hospitals Enterprise Ltd. | 7.45% | 5.75% |
| Aurobindo Pharma Ltd. | 4.08% | 5.23% |
| Fortis Healthcare Ltd. | 3.54% | 3.77% |
| Max Healthcare Institute Ltd. | 6.11% | 2.99% |
| Glenmark Pharmaceuticals Ltd. | 3.10% | 2.61% |
| Zydus Lifesciences Ltd. | 2.54% | 4.97% |
| Mankind Pharma Ltd. | 2.50% | 3.11% |
| IPCA Laboratories Ltd. | 2.36% | 2.33% |
| Biocon Ltd. | 2.28% | 2.37% |
| Gland Pharma Ltd. | 2.04% | 3.20% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 55.4% means 55.4% 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 Nifty Healthcare ETF
| Security | % of fund |
|---|---|
| Laurus Labs Ltd. | 6.81% |
| Cipla Ltd. | 6.69% |
| Dr. Reddy's Laboratories Ltd. | 6.64% |
| Lupin Ltd. | 4.35% |
| Alkem Laboratories Ltd. | 2.77% |
Largest holdings only in LIC MF Healthcare Fund
| Security | % of fund |
|---|---|
| Neuland Laboratories Ltd. | 6.14% |
| Navin Fluorine International Ltd. | 4.98% |
| Aster DM Quality Care Ltd. | 4.61% |
| Metropolis Healthcare Ltd. | 3.35% |
| Nephrocare Health Services Ltd. | 3.05% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Aditya Birla Sun Life Nifty Healthcare ETF | LIC MF Healthcare |
|---|---|---|
| Equity | 100.0% | 97.5% |
| Debt | 0.0% | 0.0% |
| Cash and others | 0.0% | 2.5% |
Market cap of stocks
| Market cap | Aditya Birla Sun Life Nifty Healthcare ETF | LIC MF Healthcare |
|---|---|---|
| Large Cap | 47.9% | 30.4% |
| Mid Cap | 48.3% | 32.0% |
| Small Cap | 3.8% | 35.1% |
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 Healthcare ETF | LIC MF Healthcare |
|---|---|---|
| Pharmaceuticals & Biotechnology | 81.1% | 61.3% |
| Healthcare Services | 18.9% | 31.2% |
| Chemicals & Petrochemicals | 0.0% | 5.0% |
The six largest sectors of each fund's stocks, % of the fund.
Aditya Birla Sun Life Nifty Healthcare ETF vs LIC MF Healthcare: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Aditya Birla Sun Life Nifty Healthcare ETF | LIC MF Healthcare Fund |
|---|---|---|
| Total expense ratio (Direct) | Not available | 1.38% |
| Base expense ratio (Direct) | 0.00% | 0.97% |
| Total expense ratio (Regular) | Not available | 2.68% |
| 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 Nifty Healthcare ETF vs LIC MF Healthcare Fund: Frequently Asked Questions
What is the difference between Aditya Birla Sun Life Nifty Healthcare ETF and LIC MF Healthcare Fund?
Aditya Birla Sun Life Nifty Healthcare ETF is an ETF fund, LIC MF Healthcare Fund is a Thematic fund, run by Aditya Birla Sun Life Mutual Fund and LIC Mutual Fund. Their portfolios overlap 55.4%. Aditya Birla Sun Life Nifty Healthcare ETF charges 0.22% a year and LIC MF Healthcare Fund 1.38%.
Which has given higher returns, Aditya Birla Sun Life Nifty Healthcare ETF or LIC MF Healthcare Fund?
Over 1 year: Aditya Birla Sun Life Nifty Healthcare ETF +11.28%, LIC MF Healthcare Fund +10.96%. Over 3 years: Aditya Birla Sun Life Nifty Healthcare ETF +21.51% a year, LIC MF Healthcare Fund +22.45% a year. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, Aditya Birla Sun Life Nifty Healthcare ETF or LIC MF Healthcare Fund?
Aditya Birla Sun Life Nifty Healthcare ETF charges less: 0.22% a year against 1.38%. These are the total expense ratios reported to AMFI.
How much do Aditya Birla Sun Life Nifty Healthcare ETF and LIC MF Healthcare Fund overlap?
55.4%. They hold 13 of the same securities, the largest shared ones being SUNPHARMA, DIVISLAB, TORNTPHARM. From each fund's latest monthly portfolio.
Which is riskier, Aditya Birla Sun Life Nifty Healthcare ETF or LIC MF Healthcare Fund?
On SEBI's riskometer, Aditya Birla Sun Life Nifty Healthcare ETF is rated Very High and LIC MF Healthcare Fund Very High. Over 3 years, the standard deviation of daily returns was 14.65% and 14.05% a year.
Which is better for SIP, Aditya Birla Sun Life Nifty Healthcare ETF or LIC MF Healthcare Fund?
Over the last 3 years, a monthly SIP of ₹10,000 from 03-10-2023 to 30-10-2026 grew to ₹4,56,246 in Aditya Birla Sun Life Nifty Healthcare ETF (XIRR 13.7% a year) and ₹4,59,542 in LIC MF Healthcare Fund (XIRR 14.2% a year). Both received 37 instalments. Past returns do not promise future returns.
Can I invest in both Aditya Birla Sun Life Nifty Healthcare ETF and LIC MF Healthcare Fund?
Yes. 55.4% 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 Nifty Healthcare ETF and LIC MF Healthcare Fund?
Aditya Birla Sun Life Nifty Healthcare ETF: Priya Sridhar, Mehul Dama. LIC MF Healthcare Fund: Sudhanshu Asthana, Dhaval Sangoi.
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.