Aditya Birla Sun Life PSU Equity Fund vs Groww Nifty PSE ETF
Direct Plan where a fund has one, Growth option · Data as on 30-10-2026
Aditya Birla Sun Life PSU Equity Fund is a Thematic fund and Groww Nifty PSE ETF is an ETF fund. Aditya Birla Sun Life PSU Equity Fund charges 0.76% a year and Groww Nifty PSE ETF 0.56%. Their portfolios overlap 50.0%: they hold 17 of the same securities.
Aditya Birla Sun Life PSU Equity Fund
Thematic
- Expense ratio
- 0.76%
- NAV
- ₹37.52
Which is better, Aditya Birla Sun Life PSU Equity or Groww Nifty PSE ETF? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Groww Nifty PSE ETF costs less: 0.56% a year against 0.76%.
- Aditya Birla Sun Life PSU Equity fell less in its worst fall since 10-02-2026: −13.3% against −17.0%.
- Aditya Birla Sun Life PSU Equity is the larger fund: ₹5,775 Cr against ₹17 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 PSU Equity Fund | Groww Nifty PSE ETF |
|---|---|---|
| Fund house | Aditya Birla Sun Life Mutual Fund | Groww Mutual Fund |
| Category | Thematic | ETF |
| AUM | ₹5,775 Cr (30-09-2026) | ₹17 Cr (30-09-2026) |
| NAV | ₹37.52 (Direct) | ₹91.55 |
| Expense ratio (Direct) | 0.76% | Not available |
| Expense ratio (Regular) | 1.88% | Not available |
| Riskometer | Very High | Very High |
| Benchmark | BSE PSU TRI | Nifty PSE TRI |
| Launch date | 30-12-2019 | 09-02-2026 |
| Minimum investment | ₹500 | ₹500 |
| Lock in | None | None |
| Fund managers | Dhaval Gala | Aakash Chauhan, Nikhil Satam, Shashi Kumar |
| Exit load | Exit load of 1% if redeemed within 30 days. | Nil |
Aditya Birla Sun Life PSU Equity vs Groww Nifty PSE 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 PSU Equity Fund (Direct) | −1.60% | −4.84% | −7.97% | −0.64% | +18.46% | +21.14% | -- |
| Groww Nifty PSE ETF | −3.00% | −7.65% | −14.15% | -- | -- | -- | -- |
| 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 PSU Equity vs Groww Nifty PSE ETF: Year-wise Returns
| Year | Aditya Birla Sun Life PSU EquityAditya Birla Sun Life PSU Equity | Groww Nifty PSE ETFGroww Nifty PSE ETF |
|---|---|---|
| 2026to date | −1.50% | -- |
| 2025 | +11.64% | -- |
| 2024 | +15.70% | -- |
| 2023 | +61.50% | -- |
| 2022 | +30.52% | -- |
| 2021 | +39.90% | -- |
Aditya Birla Sun Life PSU Equity vs Groww Nifty PSE ETF: Rolling Returns
Every holding period of both funds, against BSE PSU TRI, the benchmark of Aditya Birla Sun Life PSU Equity Fund
Aditya Birla Sun Life PSU Equity vs Groww Nifty PSE 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 PSU Equity Fund (Direct) | Groww Nifty PSE ETF |
|---|---|---|
| Return (CAGR) | +21.28% | −16.29% |
| Standard deviation | 21.12% | 14.42% |
| Sharpe ratio | 0.76 | -1.49 |
| Sortino ratio | 1.02 | -1.83 |
| Maximum drawdown | −33.8% (24-03-2020) | −17.0% (23-10-2026) |
| Beta | 0.90 | 1.00 |
| Alpha | +2.79% | −0.48% |
From daily NAVs, 01-01-2020 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 PSU Equity Fund (Direct)
Groww Nifty PSE ETF
BSE PSU TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Aditya Birla Sun Life PSU Equity Fund (Direct) | −13.3% | 26-02-2026 | 30-03-2026 | Not yet | -- | −10.5% |
| Groww Nifty PSE ETF | −17.0% | 28-04-2026 | 23-10-2026 | Not yet | -- | −15.2% |
| BSE PSU TRI | −16.2% | 26-02-2026 | 23-10-2026 | Not yet | -- | −14.8% |
From daily values since 10-02-2026, the first day every fund has.
Aditya Birla Sun Life PSU Equity vs Groww Nifty PSE ETF: Portfolio Overlap
From each fund's latest monthly portfolio: Aditya Birla Sun Life PSU Equity Fund, September 2026; Groww Nifty PSE ETF, September 2026
Holdings in common
- Overlap
- 50.0%
- Held by both
- 17
- Only in Aditya Birla Sun Life PSU Equity
- 16
- Only in Groww Nifty PSE ETF
- 3
| Security | % of Aditya Birla Sun Life PSU Equity | % of Groww Nifty PSE ETF |
|---|---|---|
| NTPC Ltd. | 7.37% | 12.86% |
| Power Grid Corporation of India Ltd. | 6.37% | 9.89% |
| Bharat Heavy Electricals Ltd. | 6.69% | 5.08% |
| Bharat Electronics Ltd. | 4.80% | 11.66% |
| GAIL (India) Ltd. | 3.87% | 3.86% |
| Bharat Petroleum Corporation Ltd. | 3.45% | 5.10% |
| Oil & Natural Gas Corporation Ltd. | 3.08% | 7.35% |
| Coal India Ltd. | 2.71% | 8.54% |
| Hindustan Aeronautics Ltd. | 2.70% | 7.42% |
| NMDC Ltd. | 3.16% | 2.22% |
| Hindustan Petroleum Corporation Ltd. | 2.06% | 2.82% |
| Indian Oil Corporation Ltd. | 1.79% | 4.23% |
| Oil India Ltd. | 1.50% | 2.05% |
| National Aluminium Company Ltd. | 1.04% | 2.56% |
| Power Finance Corporation Ltd. | 0.81% | 3.97% |
| Steel Authority of India Ltd. | 0.68% | 2.20% |
| Container Corporation of India Ltd. | 0.45% | 1.30% |
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 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% |
Largest holdings only in Groww Nifty PSE ETF
| Security | % of fund |
|---|---|
| REC Limited | 3.13% |
| NHPC Limited | 2.30% |
| Indian Railway Finance Corporation Ltd | 1.49% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Aditya Birla Sun Life PSU Equity | Groww Nifty PSE ETF |
|---|---|---|
| Equity | 97.6% | 100.0% |
| Debt | 0.0% | 0.0% |
| Cash and others | 2.4% | -0.0% |
Market cap of stocks
| Market cap | Aditya Birla Sun Life PSU Equity | Groww Nifty PSE ETF |
|---|---|---|
| Large Cap | 73.2% | 81.5% |
| Mid Cap | 16.8% | 18.6% |
| Small Cap | 7.5% | 0.0% |
| Not on AMFI's list | 0.1% | 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 PSU Equity | Groww Nifty PSE ETF |
|---|---|---|
| Banks | 31.8% | 0.0% |
| Power | 13.8% | 25.1% |
| Aerospace & Defense | 7.5% | 19.1% |
| Petroleum Products | 7.3% | 12.2% |
| Oil | 4.6% | 9.4% |
| Finance | 4.6% | 8.6% |
| Consumable Fuels | 2.7% | 8.5% |
| Electrical Equipment | 6.7% | 5.1% |
| Gas | 6.3% | 3.9% |
The six largest sectors of each fund's stocks, % of the fund.
Aditya Birla Sun Life PSU Equity vs Groww Nifty PSE ETF: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Aditya Birla Sun Life PSU Equity Fund | Groww Nifty PSE ETF |
|---|---|---|
| Total expense ratio (Direct) | 0.76% | Not available |
| Base expense ratio (Direct) | 0.61% | 0.45% |
| Total expense ratio (Regular) | 1.88% | Not available |
| Base expense ratio (Regular) | 1.58% | 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.
More comparisons
Each fund against the others of its category
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Aditya Birla Sun Life PSU Equity Fund vs Groww Nifty PSE ETF: Frequently Asked Questions
What is the difference between Aditya Birla Sun Life PSU Equity Fund and Groww Nifty PSE ETF?
Aditya Birla Sun Life PSU Equity Fund is a Thematic fund, Groww Nifty PSE ETF is an ETF fund, run by Aditya Birla Sun Life Mutual Fund and Groww Mutual Fund. Their portfolios overlap 50.0%. Aditya Birla Sun Life PSU Equity Fund charges 0.76% a year and Groww Nifty PSE ETF 0.56%.
Which has the lower expense ratio, Aditya Birla Sun Life PSU Equity Fund or Groww Nifty PSE ETF?
Groww Nifty PSE ETF charges less: 0.56% a year against 0.76%. These are the total expense ratios reported to AMFI.
How much do Aditya Birla Sun Life PSU Equity Fund and Groww Nifty PSE ETF 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 PSU Equity Fund or Groww Nifty PSE ETF?
On SEBI's riskometer, Aditya Birla Sun Life PSU Equity Fund is rated Very High and Groww Nifty PSE ETF Very High. Over their common history, the standard deviation of daily returns was 21.12% and 14.42% a year.
Can I invest in both Aditya Birla Sun Life PSU Equity Fund and Groww Nifty PSE ETF?
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 PSU Equity Fund and Groww Nifty PSE ETF?
Aditya Birla Sun Life PSU Equity Fund: Dhaval Gala. Groww Nifty PSE ETF: Aakash Chauhan, Nikhil Satam, Shashi Kumar.
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.