Axis ESG Integration Strategy Fund vs ICICI Prudential ESG Exclusionary Strategy Fund
Direct Plan, Growth option · Data as on 30-10-2026
Axis ESG Integration Strategy Fund is a Thematic fund and ICICI Prudential ESG Exclusionary Strategy Fund is a Thematic fund. In the 3 years to 30-10-2026, Axis ESG Integration Strategy Fund (Direct) returned 7.7% a year and ICICI Prudential ESG Exclusionary Strategy Fund (Direct) returned 10.0% a year. Axis ESG Integration Strategy Fund charges 1.88% a year and ICICI Prudential ESG Exclusionary Strategy Fund 1.34% (Direct plans). Their portfolios overlap 17.3%: they hold 6 of the same securities.
Axis ESG Integration Strategy Fund
Thematic
- 3 year return
- 7.7%
- Expense ratio
- 1.88%
- NAV
- ₹21.13
ICICI Prudential ESG Exclusionary Strategy Fund
Thematic
- 3 year return
- 10.0%
- Expense ratio
- 1.34%
- NAV
- ₹21.46
Which is better, Axis ESG Integration Strategy or ICICI Prudential ESG Exclusionary Strategy? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- ICICI Prudential ESG Exclusionary Strategy returned more over 5 years: 8.9% a year against 4.2%.
- ICICI Prudential ESG Exclusionary Strategy returned more over 3 years: 10.0% a year against 7.7%.
- ICICI Prudential ESG Exclusionary Strategy costs less: 1.34% a year against 1.88% (Direct plans).
- Axis ESG Integration Strategy swung less over 3 years: a standard deviation of 12.1% a year against 12.7%.
- ICICI Prudential ESG Exclusionary Strategy fell less in its worst fall since 12-10-2020: −19.2% against −24.3%.
- ICICI Prudential ESG Exclusionary Strategy holds more in large companies: 65.2% of the fund in large caps against 50.7%.
- ICICI Prudential ESG Exclusionary Strategy is the larger fund: ₹1,275 Cr against ₹993 Cr.
- Their portfolios overlap 17.3%: 6 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 | Axis ESG Integration Strategy Fund | ICICI Prudential ESG Exclusionary Strategy Fund |
|---|---|---|
| Fund house | Axis Mutual Fund | ICICI Prudential Mutual Fund |
| Category | Thematic | Thematic |
| AUM | ₹993 Cr (30-09-2026) | ₹1,275 Cr (30-09-2026) |
| NAV | ₹21.13 (Direct) | ₹21.46 (Direct) |
| Expense ratio (Direct) | 1.88% | 1.34% |
| Expense ratio (Regular) | 2.74% | 2.36% |
| Riskometer | Very High | Not available |
| Benchmark | Nifty 100 ESG TRI | Nifty 100 ESG TRI |
| Launch date | 12-02-2020 | 09-10-2020 |
| Minimum investment | ₹100 | ₹5,000 |
| Lock in | None | None |
| Fund managers | Vishal Agarwal, Krishnaa N | Mittul Kalawadia, Ayush Shah |
| Exit load | Exit Load for units in excess of 10% of the investment,1% will be charged for redemption within 12 months. | 1% of applicable Net Asset Value - If the amount sought to be redeemed or switch out within 1 month from the date of allotment. Nil - If the amount sought to be redeemed or switched out more than 1 month. |
Axis ESG Integration Strategy vs ICICI Prudential ESG Exclusionary Strategy: 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 |
|---|---|---|---|---|---|---|---|
| Axis ESG Integration Strategy Fund (Direct) | −2.27% | −6.88% | −3.65% | −10.35% | +7.71% | +4.17% | -- |
| ICICI Prudential ESG Exclusionary Strategy Fund (Direct) | −2.85% | −7.78% | −4.75% | −13.22% | +10.01% | +8.90% | -- |
| 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.
Axis ESG Integration Strategy vs ICICI Prudential ESG Exclusionary Strategy: Year-wise Returns
| Year | Axis ESG IntegrationAxis ESG Integration Strategy | ICICI Prudential ESG ExclusionaryICICI Prudential ESG Exclusionary Strategy | NIFTY100 ESG TRI |
|---|---|---|---|
| 2026to date | −10.58% | −11.87% | −7.38% |
| 2025 | +4.19% | +7.46% | +11.72% |
| 2024 | +17.09% | +23.15% | +12.77% |
| 2023 | +25.86% | +33.53% | +23.36% |
| 2022 | −10.63% | −2.27% | −2.94% |
| 2021 | +26.62% | +24.45% | +32.26% |
Axis ESG Integration Strategy vs ICICI Prudential ESG Exclusionary Strategy: Rolling Returns
Every holding period of both funds, against NIFTY100 ESG TRI, the benchmark of both
Rolling returns
Every 3-year holding period, 758 of them, one for each trading day from 12-10-2023 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.
Axis ESG Integration Strategy Fund (Direct)
ICICI Prudential ESG Exclusionary Strategy Fund (Direct)
NIFTY100 ESG TRI
to
Jan 2024Jul 2021
to
Jul 2024Jan 2022
to
Jan 2025Jul 2022
to
Jul 2025Feb 2023
to
Feb 2026Aug 2023
to
Aug 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Axis ESG Integration Strategy | 0.0 | 0.0 | 13.6 | 71.1 | 15.3 | 0.0 | 0.0 | 12.6% | 12.6% | 7.1% | 18.9% | 16% |
| ICICI Prudential ESG Exclusionary Strategy | 0.0 | 0.0 | 1.1 | 11.9 | 63.1 | 22.0 | 2.0 | 18.1% | 18.1% | 9.1% | 26.1% | 97% |
| NIFTY100 ESG TRI | 0.0 | 0.0 | 6.9 | 53.3 | 39.8 | 0.0 | 0.0 | 14.0% | 14.5% | 7.9% | 19.2% | -- |
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 NIFTY100 ESG 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 12-10-2020. Past returns do not promise future returns.
Axis ESG Integration Strategy vs ICICI Prudential ESG Exclusionary Strategy: 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 01-10-2020 to 30-10-2026: 73 instalments, ₹7,30,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Axis ESG Integration StrategyAxis ESG Integration Strategy Fund (Direct) | ₹7,30,000 | ₹8,67,459 | ₹1,37,459 | 5.6% |
| ICICI Prudential ESG Exclusionary StrategyICICI Prudential ESG Exclusionary Strategy Fund (Direct) | ₹7,30,000 | ₹9,58,902 | ₹2,28,902 | 8.9% |
Axis ESG Integration StrategyAxis ESG Integration Strategy Fund (Direct)
ICICI Prudential ESG Exclusionary StrategyICICI Prudential ESG Exclusionary Strategy 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.
Axis ESG Integration Strategy vs ICICI Prudential ESG Exclusionary Strategy: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Axis ESG Integration Strategy Fund (Direct) | ICICI Prudential ESG Exclusionary Strategy Fund (Direct) |
|---|---|---|
| Return (CAGR) | −10.35% | −13.22% |
| Standard deviation | 12.62% | 13.47% |
| Sharpe ratio | -1.24 | -1.37 |
| Sortino ratio | -1.61 | -1.79 |
| Maximum drawdown | −14.5% (30-03-2026) | −16.3% (30-03-2026) |
| Beta | 0.83 | 0.90 |
| Alpha | −6.43% | −8.57% |
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 | Axis ESG Integration Strategy Fund (Direct) | ICICI Prudential ESG Exclusionary Strategy Fund (Direct) |
|---|---|---|
| Return (CAGR) | +7.71% | +10.01% |
| Standard deviation | 12.05% | 12.69% |
| Sharpe ratio | 0.14 | 0.31 |
| Sortino ratio | 0.19 | 0.43 |
| Maximum drawdown | −17.6% (30-03-2026) | −17.2% (04-03-2025) |
| Beta | 0.83 | 0.85 |
| Alpha | −2.05% | +0.13% |
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 | Axis ESG Integration Strategy Fund (Direct) | ICICI Prudential ESG Exclusionary Strategy Fund (Direct) |
|---|---|---|
| Return (CAGR) | +4.17% | +8.90% |
| Standard deviation | 12.76% | 12.48% |
| Sharpe ratio | -0.13 | 0.25 |
| Sortino ratio | -0.17 | 0.34 |
| Maximum drawdown | −24.1% (17-06-2022) | −18.3% (17-06-2022) |
| Beta | 0.82 | 0.82 |
| Alpha | −2.71% | +2.03% |
From daily NAVs, 29-10-2021 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.
| Measure | Axis ESG Integration Strategy Fund (Direct) | ICICI Prudential ESG Exclusionary Strategy Fund (Direct) |
|---|---|---|
| Return (CAGR) | +11.65% | +13.46% |
| Standard deviation | 14.28% | 12.30% |
| Sharpe ratio | 0.46 | 0.66 |
| Sortino ratio | 0.63 | 0.91 |
| Maximum drawdown | −24.3% (17-06-2022) | −19.2% (17-06-2022) |
| Beta | 0.74 | 0.80 |
| Alpha | +0.72% | +1.51% |
From daily NAVs, 18-02-2020 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.
Axis ESG Integration Strategy Fund (Direct)
ICICI Prudential ESG Exclusionary Strategy Fund (Direct)
NIFTY100 ESG TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Axis ESG Integration Strategy Fund (Direct) | −24.3% | 18-10-2021 | 17-06-2022 | 16-11-2023 | 17 months | −14.8% |
| ICICI Prudential ESG Exclusionary Strategy Fund (Direct) | −19.2% | 18-10-2021 | 17-06-2022 | 05-06-2023 | 12 months | −13.7% |
| NIFTY100 ESG TRI | −19.9% | 17-01-2022 | 17-06-2022 | 14-07-2023 | 13 months | −8.8% |
From daily values since 12-10-2020, 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.
Axis ESG Integration Strategy Fund (Direct)
ICICI Prudential ESG Exclusionary Strategy Fund (Direct)
NIFTY100 ESG 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.
Axis ESG Integration Strategy Fund (Direct)
ICICI Prudential ESG Exclusionary Strategy Fund (Direct)
NIFTY100 ESG TRI
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 5-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
Axis ESG Integration Strategy Fund (Direct)
ICICI Prudential ESG Exclusionary Strategy Fund (Direct)
NIFTY100 ESG TRI
Against NIFTY100 ESG TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| Axis ESG Integration Strategy Fund (Direct) | 87% | 93% | 6.20% |
| ICICI Prudential ESG Exclusionary Strategy Fund (Direct) | 89% | 82% | 6.38% |
From month-end values since 12-10-2020. 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.
Axis ESG Integration Strategy vs ICICI Prudential ESG Exclusionary Strategy: Portfolio Overlap
From each fund's latest monthly portfolio: Axis ESG Integration Strategy Fund, September 2026; ICICI Prudential ESG Exclusionary Strategy Fund, September 2026
Holdings in common
- Overlap
- 17.3%
- Held by both
- 6
- Only in Axis ESG Integration Strategy
- 35
- Only in ICICI Prudential ESG Exclusionary Strategy
- 45
| Security | % of Axis ESG Integration Strategy | % of ICICI Prudential ESG Exclusionary Strategy |
|---|---|---|
| ICICI Bank Limited | 6.21% | 7.86% |
| Axis Bank Limited | 3.70% | 4.80% |
| Sun Pharmaceutical Industries Limited | 2.74% | 3.54% |
| Chalet Hotels Limited | 1.79% | 2.20% |
| Reliance Industries Limited | 8.25% | 1.79% |
| SBI Life Insurance Company Limited | 1.03% | 2.47% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 17.3% means 17.3% 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 Axis ESG Integration Strategy Fund
| Security | % of fund |
|---|---|
| Clean Max Enviro Energy Solutions Limited | 6.94% |
| Bajaj Finance Limited | 5.66% |
| Titan Company Limited | 5.08% |
| Shriram Finance Limited | 4.29% |
| Piramal Finance Limited | 3.05% |
Largest holdings only in ICICI Prudential ESG Exclusionary Strategy Fund
| Security | % of fund |
|---|---|
| HDFC Bank Ltd. | 9.74% |
| TVS Motor Company Ltd. | 4.80% |
| Maruti Suzuki India Ltd. | 4.27% |
| Avenue Supermarts Ltd. | 3.31% |
| Mahindra & Mahindra Ltd. | 3.01% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Axis ESG Integration Strategy | ICICI Prudential ESG Exclusionary Strategy |
|---|---|---|
| Equity | 88.6% | 96.7% |
| Debt | 0.0% | 0.0% |
| Cash and others | 11.4% | 3.3% |
Market cap of stocks
| Market cap | Axis ESG Integration Strategy | ICICI Prudential ESG Exclusionary Strategy |
|---|---|---|
| Large Cap | 50.7% | 65.2% |
| Mid Cap | 14.8% | 6.6% |
| Small Cap | 21.1% | 23.7% |
| Not on AMFI's list | 2.1% | 1.2% |
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 | Axis ESG Integration Strategy | ICICI Prudential ESG Exclusionary Strategy |
|---|---|---|
| Banks | 9.9% | 24.5% |
| Finance | 14.0% | 2.3% |
| Automobiles | 1.2% | 12.1% |
| Pharmaceuticals & Biotechnology | 9.1% | 5.6% |
| Petroleum Products | 8.3% | 1.8% |
| Retailing | 0.0% | 8.2% |
| Power | 6.9% | 0.1% |
| Insurance | 2.4% | 6.2% |
| Electrical Equipment | 6.1% | 2.2% |
| Industrial Products | 2.8% | 5.7% |
The six largest sectors of each fund's stocks, % of the fund.
Axis ESG Integration Strategy vs ICICI Prudential ESG Exclusionary Strategy: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Axis ESG Integration Strategy Fund | ICICI Prudential ESG Exclusionary Strategy Fund |
|---|---|---|
| Total expense ratio (Direct) | 1.88% | 1.34% |
| Base expense ratio (Direct) | 1.20% | 0.98% |
| Total expense ratio (Regular) | 2.74% | 2.36% |
| Base expense ratio (Regular) | 1.93% | 1.86% |
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 Axis ESG Integration Strategy with
Compare ICICI Prudential ESG Exclusionary Strategy with
- ICICI Prudential ESG Exclusionary Strategy vs Nippon India Taiwan Equity
- ICICI Prudential ESG Exclusionary Strategy vs HDFC Defence
- ICICI Prudential ESG Exclusionary Strategy vs HDFC Pharma and Healthcare
- ICICI Prudential ESG Exclusionary Strategy vs SBI Healthcare Opportunities
- ICICI Prudential ESG Exclusionary Strategy vs Aditya Birla Sun Life International Equity
Axis ESG Integration Strategy Fund vs ICICI Prudential ESG Exclusionary Strategy Fund: Frequently Asked Questions
What is the difference between Axis ESG Integration Strategy Fund and ICICI Prudential ESG Exclusionary Strategy Fund?
Axis ESG Integration Strategy Fund is a Thematic fund, ICICI Prudential ESG Exclusionary Strategy Fund is a Thematic fund, run by Axis Mutual Fund and ICICI Prudential Mutual Fund. Their portfolios overlap 17.3%. Axis ESG Integration Strategy Fund charges 1.88% a year and ICICI Prudential ESG Exclusionary Strategy Fund 1.34%.
Which has given higher returns, Axis ESG Integration Strategy Fund or ICICI Prudential ESG Exclusionary Strategy Fund?
Over 1 year: Axis ESG Integration Strategy Fund −10.35%, ICICI Prudential ESG Exclusionary Strategy Fund −13.22%. Over 3 years: Axis ESG Integration Strategy Fund +7.71% a year, ICICI Prudential ESG Exclusionary Strategy Fund +10.01% a year. Over 5 years: Axis ESG Integration Strategy Fund +4.17% a year, ICICI Prudential ESG Exclusionary Strategy Fund +8.90% a year. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, Axis ESG Integration Strategy Fund or ICICI Prudential ESG Exclusionary Strategy Fund?
ICICI Prudential ESG Exclusionary Strategy Fund charges less: 1.34% a year against 1.88%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Axis ESG Integration Strategy Fund and ICICI Prudential ESG Exclusionary Strategy Fund overlap?
17.3%. They hold 6 of the same securities, the largest shared ones being ICICIBANK, AXISBANK, SUNPHARMA. From each fund's latest monthly portfolio.
Which is better for SIP, Axis ESG Integration Strategy Fund or ICICI Prudential ESG Exclusionary Strategy Fund?
Over the last 5 years, a monthly SIP of ₹10,000 from 01-10-2021 to 30-10-2026 grew to ₹6,81,260 in Axis ESG Integration Strategy Fund (XIRR 4.3% a year) and ₹7,39,497 in ICICI Prudential ESG Exclusionary Strategy Fund (XIRR 7.5% a year). Both received 61 instalments. Past returns do not promise future returns.
Can I invest in both Axis ESG Integration Strategy Fund and ICICI Prudential ESG Exclusionary Strategy Fund?
Yes. 17.3% of each fund's money sits in the same holdings, so some of the two investments would move together.
Who manages Axis ESG Integration Strategy Fund and ICICI Prudential ESG Exclusionary Strategy Fund?
Axis ESG Integration Strategy Fund: Vishal Agarwal, Krishnaa N. ICICI Prudential ESG Exclusionary Strategy Fund: Mittul Kalawadia, Ayush Shah.
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.