Aditya Birla Sun Life PSU Equity Fund vs Motilal Oswal 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 Motilal Oswal Nifty PSE ETF is an ETF fund. In the year to 30-10-2026, Aditya Birla Sun Life PSU Equity Fund (Direct) returned −0.6% and Motilal Oswal Nifty PSE ETF returned −8.4%. Aditya Birla Sun Life PSU Equity Fund charges 0.76% a year and Motilal Oswal Nifty PSE ETF 0.73%. Their portfolios overlap 49.9%: they hold 17 of the same securities.
Aditya Birla Sun Life PSU Equity Fund
Thematic
- 1 year return
- −0.6%
- Expense ratio
- 0.76%
- NAV
- ₹37.52
Motilal Oswal Nifty PSE ETF
ETF
- 1 year return
- −8.4%
- Expense ratio
- 0.73%
- NAV
- ₹92.68
Which is better, Aditya Birla Sun Life PSU Equity or Motilal Oswal 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.
- Aditya Birla Sun Life PSU Equity returned more over 1 year: −0.6% against −8.4%.
- Motilal Oswal Nifty PSE ETF costs less: 0.73% a year against 0.76%.
- Aditya Birla Sun Life PSU Equity fell less in its worst fall since 05-06-2025: −13.3% against −17.0%.
- Aditya Birla Sun Life PSU Equity is the larger fund: ₹5,775 Cr against ₹2 Cr.
- Their portfolios overlap 49.9%: 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 | Motilal Oswal Nifty PSE ETF |
|---|---|---|
| Fund house | Aditya Birla Sun Life Mutual Fund | Motilal Oswal Mutual Fund |
| Category | Thematic | ETF |
| AUM | ₹5,775 Cr (30-09-2026) | ₹2 Cr (30-09-2026) |
| NAV | ₹37.52 (Direct) | ₹92.68 |
| 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 | 02-06-2025 |
| Minimum investment | ₹500 | Ongoing Basis: On Exchange: Investors can buy/sell units of the Scheme in round lots of 1 unit and in multiples thereof. Directly with the Mutual Fund: For Eligible investors: Transactions must be in multiple of unit creation size and the execution value |
| Lock in | None | None |
| Fund managers | Dhaval Gala | Swapnil Mayekar, Dishant Mehta, Rakesh Shetty |
| Exit load | Exit load of 1% if redeemed within 30 days. | Nil |
Aditya Birla Sun Life PSU Equity vs Motilal Oswal 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% | -- |
| Motilal Oswal Nifty PSE ETF | −2.99% | −7.63% | −14.12% | −8.39% | -- | -- | -- |
| 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 Motilal Oswal Nifty PSE ETF: Year-wise Returns
| Year | Aditya Birla Sun Life PSU EquityAditya Birla Sun Life PSU Equity | Motilal Oswal Nifty PSE ETFMotilal Oswal Nifty PSE ETF |
|---|---|---|
| 2026to date | −1.50% | −6.84% |
| 2025 | +11.64% | -- |
| 2024 | +15.70% | -- |
| 2023 | +61.50% | -- |
| 2022 | +30.52% | -- |
| 2021 | +39.90% | -- |
Aditya Birla Sun Life PSU Equity vs Motilal Oswal 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
Rolling returns
Every 1-year holding period, 101 of them, one for each trading day from 05-06-2026 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 PSU Equity Fund (Direct)
Motilal Oswal Nifty PSE ETF
BSE PSU TRI
to
Jun 2026Jul 2025
to
Jul 2026Aug 2025
to
Aug 2026Aug 2025
to
Aug 2026Sept 2025
to
Sept 2026Oct 2025
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 PSU Equity | 3.0 | 14.9 | 34.7 | 28.7 | 18.8 | 0.0 | 0.0 | 9.9% | 9.6% | −0.6% | 18.7% | 100% |
| Motilal Oswal Nifty PSE ETF | 37.0 | 53.0 | 10.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.7% | 1.4% | −9.1% | 6.8% | 0% |
| BSE PSU TRI | 17.8 | 16.8 | 30.7 | 34.7 | 0.0 | 0.0 | 0.0 | 6.6% | 7.7% | −5.4% | 14.6% | -- |
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 BSE PSU 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 05-06-2025. Past returns do not promise future returns.
Aditya Birla Sun Life PSU Equity vs Motilal Oswal Nifty PSE 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 02-06-2025 to 30-10-2026: 17 instalments, ₹1,70,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Aditya Birla Sun Life PSU EquityAditya Birla Sun Life PSU Equity Fund (Direct) | ₹1,70,000 | ₹1,68,056 | −₹1,944 | −1.5% |
| Motilal Oswal Nifty PSE ETFMotilal Oswal Nifty PSE ETF | ₹1,70,000 | ₹1,57,904 | −₹12,096 | −9.5% |
Aditya Birla Sun Life PSU EquityAditya Birla Sun Life PSU Equity Fund (Direct)
Motilal Oswal Nifty PSE ETFMotilal Oswal Nifty PSE ETF
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 PSU Equity vs Motilal Oswal 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) | Motilal Oswal Nifty PSE ETF |
|---|---|---|
| Return (CAGR) | −0.64% | −8.39% |
| Standard deviation | 15.99% | 15.58% |
| Sharpe ratio | -0.37 | -0.88 |
| Sortino ratio | -0.48 | -1.15 |
| Maximum drawdown | −13.3% (30-03-2026) | −17.0% (23-10-2026) |
| Beta | 0.97 | 0.99 |
| Alpha | +4.42% | −0.54% |
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 PSU Equity Fund (Direct) | Motilal Oswal Nifty PSE ETF |
|---|---|---|
| Return (CAGR) | +21.28% | −4.53% |
| Standard deviation | 21.12% | 14.59% |
| Sharpe ratio | 0.76 | -0.67 |
| Sortino ratio | 1.02 | -0.90 |
| Maximum drawdown | −33.8% (24-03-2020) | −17.0% (23-10-2026) |
| Beta | 0.90 | 0.99 |
| Alpha | +2.79% | −0.54% |
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)
Motilal Oswal 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% |
| Motilal Oswal 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 05-06-2025, 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 PSU Equity Fund (Direct)
Motilal Oswal Nifty PSE ETF
BSE PSU TRI
Against BSE PSU TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| Aditya Birla Sun Life PSU Equity Fund (Direct) | 99% | 86% | 3.26% |
| Motilal Oswal Nifty PSE ETF | 82% | 103% | 5.45% |
From month-end values since 05-06-2025. 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 PSU Equity vs Motilal Oswal Nifty PSE ETF: Portfolio Overlap
From each fund's latest monthly portfolio: Aditya Birla Sun Life PSU Equity Fund, September 2026; Motilal Oswal Nifty PSE ETF, September 2026
Holdings in common
- Overlap
- 49.9%
- Held by both
- 17
- Only in Aditya Birla Sun Life PSU Equity
- 16
- Only in Motilal Oswal Nifty PSE ETF
- 3
| Security | % of Aditya Birla Sun Life PSU Equity | % of Motilal Oswal Nifty PSE ETF |
|---|---|---|
| NTPC Ltd. | 7.37% | 12.81% |
| Power Grid Corporation of India Ltd. | 6.37% | 9.85% |
| Bharat Heavy Electricals Ltd. | 6.69% | 5.06% |
| Bharat Electronics Ltd. | 4.80% | 11.62% |
| GAIL (India) Ltd. | 3.87% | 3.84% |
| Bharat Petroleum Corporation Ltd. | 3.45% | 5.08% |
| Oil & Natural Gas Corporation Ltd. | 3.08% | 7.33% |
| Coal India Ltd. | 2.71% | 8.50% |
| Hindustan Aeronautics Ltd. | 2.70% | 7.39% |
| NMDC Ltd. | 3.16% | 2.21% |
| Hindustan Petroleum Corporation Ltd. | 2.06% | 2.81% |
| Indian Oil Corporation Ltd. | 1.79% | 4.21% |
| Oil India Ltd. | 1.50% | 2.04% |
| National Aluminium Company Ltd. | 1.04% | 2.55% |
| Power Finance Corporation Ltd. | 0.81% | 3.96% |
| Steel Authority of India Ltd. | 0.68% | 2.19% |
| Container Corporation of India Ltd. | 0.45% | 1.29% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 49.9% means 49.9% 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 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 Motilal Oswal Nifty PSE ETF
| Security | % of fund |
|---|---|
| REC Limited | 3.12% |
| NHPC Limited | 2.29% |
| Indian Railway Finance Corporation Limited | 1.48% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Aditya Birla Sun Life PSU Equity | Motilal Oswal Nifty PSE ETF |
|---|---|---|
| Equity | 97.6% | 99.6% |
| Debt | 0.0% | 0.0% |
| Cash and others | 2.4% | 0.4% |
Market cap of stocks
| Market cap | Aditya Birla Sun Life PSU Equity | Motilal Oswal Nifty PSE ETF |
|---|---|---|
| Large Cap | 73.2% | 81.1% |
| Mid Cap | 16.8% | 18.5% |
| 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 | Motilal Oswal Nifty PSE ETF |
|---|---|---|
| Banks | 31.8% | 0.0% |
| Power | 13.8% | 24.9% |
| Aerospace & Defense | 7.5% | 19.0% |
| Petroleum Products | 7.3% | 12.1% |
| 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% | 3.8% |
The six largest sectors of each fund's stocks, % of the fund.
Aditya Birla Sun Life PSU Equity vs Motilal Oswal 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 | Motilal Oswal Nifty PSE ETF |
|---|---|---|
| Total expense ratio (Direct) | 0.76% | Not available |
| Base expense ratio (Direct) | 0.61% | 0.00% |
| Total expense ratio (Regular) | 1.88% | Not available |
| Base expense ratio (Regular) | 1.58% | 0.45% |
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
Compare Aditya Birla Sun Life PSU Equity with
- Aditya Birla Sun Life PSU Equity vs Nippon India Taiwan Equity
- Aditya Birla Sun Life PSU Equity vs HDFC Defence
- Aditya Birla Sun Life PSU Equity vs HDFC Pharma and Healthcare
- Aditya Birla Sun Life PSU Equity vs SBI Healthcare Opportunities
- Aditya Birla Sun Life PSU Equity vs Aditya Birla Sun Life International Equity
Aditya Birla Sun Life PSU Equity Fund vs Motilal Oswal Nifty PSE ETF: Frequently Asked Questions
What is the difference between Aditya Birla Sun Life PSU Equity Fund and Motilal Oswal Nifty PSE ETF?
Aditya Birla Sun Life PSU Equity Fund is a Thematic fund, Motilal Oswal Nifty PSE ETF is an ETF fund, run by Aditya Birla Sun Life Mutual Fund and Motilal Oswal Mutual Fund. Their portfolios overlap 49.9%. Aditya Birla Sun Life PSU Equity Fund charges 0.76% a year and Motilal Oswal Nifty PSE ETF 0.73%.
Which has given higher returns, Aditya Birla Sun Life PSU Equity Fund or Motilal Oswal Nifty PSE ETF?
Over 1 year: Aditya Birla Sun Life PSU Equity Fund −0.64%, Motilal Oswal Nifty PSE ETF −8.39%. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, Aditya Birla Sun Life PSU Equity Fund or Motilal Oswal Nifty PSE ETF?
Motilal Oswal Nifty PSE ETF charges less: 0.73% 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 Motilal Oswal Nifty PSE ETF overlap?
49.9%. 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 Motilal Oswal Nifty PSE ETF?
On SEBI's riskometer, Aditya Birla Sun Life PSU Equity Fund is rated Very High and Motilal Oswal Nifty PSE ETF Very High. Over 1 years, the standard deviation of daily returns was 15.99% and 15.58% a year.
Can I invest in both Aditya Birla Sun Life PSU Equity Fund and Motilal Oswal Nifty PSE ETF?
Yes. 49.9% 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 PSU Equity Fund and Motilal Oswal Nifty PSE ETF?
Aditya Birla Sun Life PSU Equity Fund: Dhaval Gala. Motilal Oswal Nifty PSE ETF: Swapnil Mayekar, Dishant Mehta, Rakesh Shetty.
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.