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Aditya Birla Sun Life Nifty SDL SEP 2027 Index Fund-Direct Growth vs Motilal Oswal Nifty Midcap 150 Index Fund - Direct Plan
Aditya Birla Sun Life Nifty SDL SEP 2027 Index Fund-Direct Growth and Motilal Oswal Nifty Midcap 150 Index Fund are both in the Index Funds category, from Aditya Birla Sun Life AMC Limited and Motilal Oswal Asset Management Company Limited respectively. Aditya Birla Sun Life Nifty SDL SEP 2027 Index Fund-Direct Growth has posted a higher 3-year rolling CAGR. Aditya Birla Sun Life Nifty SDL SEP 2027 Index Fund-Direct Growth has the lower expense ratio. See the full table and FAQ below for the complete real-data comparison.
Basics
Aditya Birla Sun Life Nifty SDL SEP 2027 Index Fund-Direct Growth has the lower direct-plan expense ratio, by 0.17 percentage points.
| Aditya Birla Sun Life Nifty SDL SEP 2027 Index Fund-Direct Growth | Motilal Oswal Nifty Midcap 150 Index Fund - Direct Plan | |
|---|---|---|
| Category | Index Funds | Index Funds |
| AMC | Aditya Birla Sun Life AMC Limited | Motilal Oswal Asset Management Company Limited |
| Benchmark | Nifty SDL Sep 2027 Index | Nifty Midcap 150 TRI |
| NAV | ₹13.007 (2026-10-28) | ₹38.2509 (2026-10-28) |
| AUM | ₹43.258 Cr | ₹3,916.61 Cr |
| Expense Ratio (Direct) | 0.18% | 0.35% |
| Inception | 2023-03-06 | 2019-08-19 |
Returns
Aditya Birla Sun Life Nifty SDL SEP 2027 Index Fund-Direct Growth leads on 3-year rolling CAGR (7.5% vs Motilal Oswal Nifty Midcap 150 Index Fund's 25.0%) - see the FAQ below for percentile context within each fund's own category.
Risk Metrics
This fund tracks an index, so measuring alpha against that same index would only report its tracking error.
Portfolio Analytics
Punji Fund Health Score
Aditya Birla Sun Life Nifty SDL SEP 2027 Index Fund-Direct Growth has the stronger Punji Quality grade of the two.
Frequently asked questions
Which has a higher 3-year return, Aditya Birla Sun Life Nifty SDL SEP 2027 Index Fund-Direct Growth or Motilal Oswal Nifty Midcap 150 Index Fund?
Aditya Birla Sun Life Nifty SDL SEP 2027 Index Fund-Direct Growth's 3-year rolling CAGR of 7.5% is higher than Motilal Oswal Nifty Midcap 150 Index Fund's 25.0%. Aditya Birla Sun Life Nifty SDL SEP 2027 Index Fund-Direct Growth sits in the 20th percentile of its category on this metric, versus the 98th percentile for Motilal Oswal Nifty Midcap 150 Index Fund - though note both funds may belong to different categories with different medians, so a raw CAGR comparison doesn't account for how each fund performed relative to its own peers. A higher historical return also doesn't necessarily mean lower risk; check the risk metrics below before concluding either fund is the "better" choice.
Which has a lower expense ratio, Aditya Birla Sun Life Nifty SDL SEP 2027 Index Fund-Direct Growth or Motilal Oswal Nifty Midcap 150 Index Fund?
Aditya Birla Sun Life Nifty SDL SEP 2027 Index Fund-Direct Growth's direct-plan expense ratio is 0.17 percentage points lower than Motilal Oswal Nifty Midcap 150 Index Fund's. Over long holding periods, a persistent expense-ratio gap compounds into a materially different final corpus even if the two funds' gross returns are similar - it's one of the few fund attributes you can compare with total certainty upfront, unlike future returns, since the fee is contractually fixed rather than a historical estimate.
Why don't Aditya Birla Sun Life Nifty SDL SEP 2027 Index Fund-Direct Growth and Motilal Oswal Nifty Midcap 150 Index Fund show risk metrics like Sharpe ratio or alpha?
This fund tracks an index, so measuring alpha against that same index would only report its tracking error. This is a deliberate methodology choice, not missing data - risk metrics like alpha and Sharpe ratio are most meaningful for actively-managed funds where a manager makes decisions that can add or subtract value versus a benchmark. For a fund that mechanically tracks an index, the equivalent useful metric is tracking error (how closely it follows its index), not alpha.
Which has higher AUM, Aditya Birla Sun Life Nifty SDL SEP 2027 Index Fund-Direct Growth or Motilal Oswal Nifty Midcap 150 Index Fund?
Motilal Oswal Nifty Midcap 150 Index Fund has ₹3,917 Cr in assets under management, versus ₹43 Cr for Aditya Birla Sun Life Nifty SDL SEP 2027 Index Fund-Direct Growth. A larger AUM generally means deeper liquidity and lower per-unit fixed costs for the AMC to spread across investors, but an AUM that's very large relative to a fund's category and strategy (especially in small/mid cap categories, where the investable universe is smaller) can also make it harder for a manager to enter and exit positions without moving the price - bigger isn't automatically better, especially for less liquid categories.
Which fund has a longer track record, Aditya Birla Sun Life Nifty SDL SEP 2027 Index Fund-Direct Growth or Motilal Oswal Nifty Midcap 150 Index Fund?
Motilal Oswal Nifty Midcap 150 Index Fund launched on 2019-08-19, making it older than Aditya Birla Sun Life Nifty SDL SEP 2027 Index Fund-Direct Growth (launched 2023-03-06). A longer track record means more real market cycles (bull runs, corrections, rate cycles) the fund has actually navigated, which is useful context for judging consistency - but it isn't a guarantee of future performance, and a newer fund isn't automatically worse, especially if it's run by an experienced manager or team with a track record at a prior fund.
Data as of 2026-10-29. Source: AMFI disclosures via Punji. Not investment advice.