Aditya Birla Sun Life Nifty PSE ETF vs Aditya Birla Sun Life PSU Equity Fund
Direct Plan where a fund has one, Growth option · Data as on 30-10-2026
Aditya Birla Sun Life Nifty PSE ETF is an ETF fund and Aditya Birla Sun Life PSU Equity Fund is a Thematic fund. In the year to 30-10-2026, Aditya Birla Sun Life Nifty PSE ETF returned −8.1% and Aditya Birla Sun Life PSU Equity Fund (Direct) returned −0.6%. Aditya Birla Sun Life Nifty PSE ETF charges 0.23% a year and Aditya Birla Sun Life PSU Equity Fund 0.76%. Their portfolios overlap 50.0%: they hold 17 of the same securities.
Aditya Birla Sun Life Nifty PSE ETF
ETF
- 1 year return
- −8.1%
- Expense ratio
- 0.23%
- NAV
- ₹9.48
Aditya Birla Sun Life PSU Equity Fund
Thematic
- 1 year return
- −0.6%
- Expense ratio
- 0.76%
- NAV
- ₹37.52
Which is better, Aditya Birla Sun Life Nifty PSE ETF or Aditya Birla Sun Life PSU Equity? 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 PSU Equity returned more over 1 year: −0.6% against −8.1%.
- Aditya Birla Sun Life Nifty PSE ETF costs less: 0.23% a year against 0.76%.
- Aditya Birla Sun Life PSU Equity fell less in its worst fall since 21-05-2024: −26.8% against −30.1%.
- Aditya Birla Sun Life PSU Equity is the larger fund: ₹5,775 Cr against ₹22 Cr.
- Their portfolios overlap 50.0%: 17 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 PSE ETF | Aditya Birla Sun Life PSU Equity Fund |
|---|---|---|
| Fund house | Aditya Birla Sun Life Mutual Fund | Aditya Birla Sun Life Mutual Fund |
| Category | ETF | Thematic |
| AUM | ₹22 Cr (30-09-2026) | ₹5,775 Cr (30-09-2026) |
| NAV | ₹9.48 | ₹37.52 (Direct) |
| Expense ratio (Direct) | Not available | 0.76% |
| Expense ratio (Regular) | Not available | 1.88% |
| Riskometer | Very High | Very High |
| Benchmark | Nifty PSE | BSE PSU TRI |
| Launch date | 17-05-2024 | 30-12-2019 |
| 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 Cr | ₹500 |
| Lock in | None | None |
| Fund managers | Priya Sridhar, Mehul Dama | Dhaval Gala |
| Exit load | NIL | Exit load of 1% if redeemed within 30 days. |
Aditya Birla Sun Life Nifty PSE ETF vs Aditya Birla Sun Life PSU Equity: 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 PSE ETF | −2.97% | −7.57% | −14.00% | −8.08% | -- | -- | -- |
| Aditya Birla Sun Life PSU Equity Fund (Direct) | −1.60% | −4.84% | −7.97% | −0.64% | +18.46% | +21.14% | -- |
| Thematic average | −2.09% | −4.52% | +0.86% | −1.22% | +13.76% | +11.62% | -- |
Category average: the average of the 235 Thematic funds, same plan type.
Aditya Birla Sun Life Nifty PSE ETF vs Aditya Birla Sun Life PSU Equity: Year-wise Returns
| Year | Nifty PSE ETFAditya Birla Sun Life Nifty PSE ETF | PSU EquityAditya Birla Sun Life PSU Equity |
|---|---|---|
| 2026to date | −6.58% | −1.50% |
| 2025 | +5.59% | +11.64% |
| 2024 | -- | +15.70% |
| 2023 | -- | +61.50% |
| 2022 | -- | +30.52% |
| 2021 | -- | +39.90% |
Aditya Birla Sun Life Nifty PSE ETF vs Aditya Birla Sun Life PSU Equity: Rolling Returns
Every holding period of both funds, against Nifty PSE TRI, the benchmark of Aditya Birla Sun Life Nifty PSE ETF
Rolling returns
Every 1-year holding period, 359 of them, one for each trading day from 21-05-2025 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 PSE ETF
Aditya Birla Sun Life PSU Equity Fund (Direct)
Nifty PSE TRI
to
Jul 2025Sept 2024
to
Sept 2025Dec 2024
to
Dec 2025Mar 2025
to
Mar 2026Jun 2025
to
Jun 2026Sept 2025
to
Sept 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 PSE ETF | 45.1 | 22.0 | 13.9 | 8.6 | 4.7 | 3.3 | 2.2 | 1.6% | 1.1% | −17.8% | 30.7% | 0% |
| Aditya Birla Sun Life PSU Equity | 30.4 | 10.9 | 15.9 | 18.2 | 13.4 | 5.3 | 5.9 | 7.0% | 8.5% | −14.7% | 38.8% | 96% |
| Nifty PSE TRI | 44.8 | 20.6 | 15.6 | 8.1 | 5.3 | 3.3 | 2.2 | 1.8% | 1.3% | −17.7% | 30.9% | -- |
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 PSE 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 21-05-2024. Past returns do not promise future returns.
Aditya Birla Sun Life Nifty PSE ETF vs Aditya Birla Sun Life PSU Equity: 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 21-05-2024 to 30-10-2026: 30 instalments, ₹3,00,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Aditya Birla Sun Life Nifty PSE ETFAditya Birla Sun Life Nifty PSE ETF | ₹3,00,000 | ₹2,79,269 | −₹20,731 | −5.5% |
| Aditya Birla Sun Life PSU EquityAditya Birla Sun Life PSU Equity Fund (Direct) | ₹3,00,000 | ₹3,03,749 | ₹3,749 | 1.0% |
Aditya Birla Sun Life Nifty PSE ETFAditya Birla Sun Life Nifty PSE ETF
Aditya Birla Sun Life PSU EquityAditya Birla Sun Life PSU Equity 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 PSE ETF vs Aditya Birla Sun Life PSU Equity: 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 PSE ETF | Aditya Birla Sun Life PSU Equity Fund (Direct) |
|---|---|---|
| Return (CAGR) | −8.08% | −0.64% |
| Standard deviation | 15.69% | 15.99% |
| Sharpe ratio | -0.85 | -0.37 |
| Sortino ratio | -1.12 | -0.48 |
| Maximum drawdown | −16.9% (23-10-2026) | −13.3% (30-03-2026) |
| Beta | 1.00 | 0.97 |
| Alpha | −0.18% | +4.42% |
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 PSE ETF | Aditya Birla Sun Life PSU Equity Fund (Direct) |
|---|---|---|
| Return (CAGR) | −4.67% | +21.28% |
| Standard deviation | 21.97% | 21.12% |
| Sharpe ratio | -0.48 | 0.76 |
| Sortino ratio | -0.61 | 1.02 |
| Maximum drawdown | −30.1% (28-02-2025) | −33.8% (24-03-2020) |
| Beta | 1.00 | 0.90 |
| Alpha | −0.16% | +2.79% |
From daily NAVs, 21-05-2024 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 PSE ETF
Aditya Birla Sun Life PSU Equity Fund (Direct)
Nifty PSE 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 PSE ETF | −30.1% | 01-08-2024 | 28-02-2025 | Not yet | -- | −19.2% |
| Aditya Birla Sun Life PSU Equity Fund (Direct) | −26.8% | 01-08-2024 | 28-02-2025 | 10-02-2026 | 11 months | −10.5% |
| Nifty PSE TRI | −30.1% | 01-08-2024 | 28-02-2025 | Not yet | -- | −18.9% |
From daily values since 21-05-2024, 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 PSE ETF
Aditya Birla Sun Life PSU Equity Fund (Direct)
Nifty PSE TRI
Against Nifty PSE TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| Aditya Birla Sun Life Nifty PSE ETF | 100% | 100% | 0.07% |
| Aditya Birla Sun Life PSU Equity Fund (Direct) | 102% | 87% | 6.16% |
From month-end values since 21-05-2024. 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 PSE ETF vs Aditya Birla Sun Life PSU Equity: Portfolio Overlap
From each fund's latest monthly portfolio: Aditya Birla Sun Life Nifty PSE ETF, September 2026; Aditya Birla Sun Life PSU Equity Fund, September 2026
Holdings in common
- Overlap
- 50.0%
- Held by both
- 17
- Only in Aditya Birla Sun Life Nifty PSE ETF
- 3
- Only in Aditya Birla Sun Life PSU Equity
- 16
| Security | % of Aditya Birla Sun Life Nifty PSE ETF | % of Aditya Birla Sun Life PSU Equity |
|---|---|---|
| NTPC Ltd. | 12.85% | 7.37% |
| Power Grid Corporation of India Ltd. | 9.88% | 6.37% |
| Bharat Heavy Electricals Ltd. | 5.07% | 6.69% |
| Bharat Electronics Ltd. | 11.65% | 4.80% |
| GAIL (India) Ltd. | 3.85% | 3.87% |
| Bharat Petroleum Corporation Ltd. | 5.10% | 3.45% |
| Oil & Natural Gas Corporation Ltd. | 7.35% | 3.08% |
| Coal India Ltd. | 8.53% | 2.71% |
| Hindustan Aeronautics Ltd. | 7.42% | 2.70% |
| NMDC Ltd. | 2.22% | 3.16% |
| Hindustan Petroleum Corporation Ltd. | 2.82% | 2.06% |
| Indian Oil Corporation Ltd. | 4.22% | 1.79% |
| Oil India Ltd. | 2.05% | 1.50% |
| National Aluminium Company Ltd. | 2.56% | 1.04% |
| Power Finance Corporation Ltd. | 3.97% | 0.81% |
| Steel Authority of India Ltd. | 2.20% | 0.68% |
| Container Corporation of India Ltd. | 1.29% | 0.45% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 50.0% means 50.0% 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 PSE ETF
| Security | % of fund |
|---|---|
| REC Ltd. | 3.13% |
| NHPC Ltd. | 2.30% |
| Indian Railway Finance Corporation Ltd. | 1.49% |
Largest holdings only in Aditya Birla Sun Life PSU Equity Fund
| Security | % of fund |
|---|---|
| State Bank of India | 16.99% |
| Union Bank of India | 4.66% |
| Bank of Maharashtra | 4.48% |
| PNB Housing Finance Ltd. | 3.80% |
| Life Insurance Corporation of India | 3.49% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Aditya Birla Sun Life Nifty PSE ETF | Aditya Birla Sun Life PSU Equity |
|---|---|---|
| Equity | 99.9% | 97.6% |
| Debt | 0.0% | 0.0% |
| Cash and others | 0.1% | 2.4% |
Market cap of stocks
| Market cap | Aditya Birla Sun Life Nifty PSE ETF | Aditya Birla Sun Life PSU Equity |
|---|---|---|
| Large Cap | 81.4% | 73.2% |
| Mid Cap | 18.6% | 16.8% |
| Small Cap | 0.0% | 7.5% |
| Not on AMFI's list | 0.0% | 0.1% |
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 PSE ETF | Aditya Birla Sun Life PSU Equity |
|---|---|---|
| Banks | 0.0% | 31.8% |
| Power | 25.0% | 13.8% |
| Aerospace & Defense | 19.1% | 7.5% |
| Petroleum Products | 12.1% | 7.3% |
| Oil | 9.4% | 4.6% |
| Finance | 8.6% | 4.6% |
| Consumable Fuels | 8.5% | 2.7% |
| Electrical Equipment | 5.1% | 6.7% |
| Gas | 3.9% | 6.3% |
The six largest sectors of each fund's stocks, % of the fund.
Aditya Birla Sun Life Nifty PSE ETF vs Aditya Birla Sun Life PSU Equity: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Aditya Birla Sun Life Nifty PSE ETF | Aditya Birla Sun Life PSU Equity Fund |
|---|---|---|
| Total expense ratio (Direct) | Not available | 0.76% |
| Base expense ratio (Direct) | 0.00% | 0.61% |
| Total expense ratio (Regular) | Not available | 1.88% |
| Base expense ratio (Regular) | 0.17% | 1.58% |
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
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Aditya Birla Sun Life Nifty PSE ETF vs Aditya Birla Sun Life PSU Equity Fund: Frequently Asked Questions
What is the difference between Aditya Birla Sun Life Nifty PSE ETF and Aditya Birla Sun Life PSU Equity Fund?
Aditya Birla Sun Life Nifty PSE ETF is an ETF fund, Aditya Birla Sun Life PSU Equity Fund is a Thematic fund, run by Aditya Birla Sun Life Mutual Fund. Their portfolios overlap 50.0%. Aditya Birla Sun Life Nifty PSE ETF charges 0.23% a year and Aditya Birla Sun Life PSU Equity Fund 0.76%.
Which has given higher returns, Aditya Birla Sun Life Nifty PSE ETF or Aditya Birla Sun Life PSU Equity Fund?
Over 1 year: Aditya Birla Sun Life Nifty PSE ETF −8.08%, Aditya Birla Sun Life PSU Equity Fund −0.64%. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, Aditya Birla Sun Life Nifty PSE ETF or Aditya Birla Sun Life PSU Equity Fund?
Aditya Birla Sun Life Nifty PSE ETF charges less: 0.23% a year against 0.76%. These are the total expense ratios reported to AMFI.
How much do Aditya Birla Sun Life Nifty PSE ETF and Aditya Birla Sun Life PSU Equity Fund overlap?
50.0%. They hold 17 of the same securities, the largest shared ones being NTPC, POWERGRID, BHEL. From each fund's latest monthly portfolio.
Which is riskier, Aditya Birla Sun Life Nifty PSE ETF or Aditya Birla Sun Life PSU Equity Fund?
On SEBI's riskometer, Aditya Birla Sun Life Nifty PSE ETF is rated Very High and Aditya Birla Sun Life PSU Equity Fund Very High. Over 1 years, the standard deviation of daily returns was 15.69% and 15.99% a year.
Can I invest in both Aditya Birla Sun Life Nifty PSE ETF and Aditya Birla Sun Life PSU Equity Fund?
Yes. 50.0% 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 PSE ETF and Aditya Birla Sun Life PSU Equity Fund?
Aditya Birla Sun Life Nifty PSE ETF: Priya Sridhar, Mehul Dama. Aditya Birla Sun Life PSU Equity Fund: Dhaval Gala.
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.