Axis Nifty 500 Index Fund vs ICICI Prudential Nifty 500 Index Fund
Direct Plan, Growth option · Data as on 30-10-2026
Axis Nifty 500 Index Fund is an Index fund and ICICI Prudential Nifty 500 Index Fund is an Index fund. In the year to 30-10-2026, Axis Nifty 500 Index Fund (Direct) returned −7.6% and ICICI Prudential Nifty 500 Index Fund (Direct) returned −7.9%. Axis Nifty 500 Index Fund charges 0.17% a year and ICICI Prudential Nifty 500 Index Fund 0.46% (Direct plans). Their portfolios overlap 99.2%: they hold 499 of the same securities.
Axis Nifty 500 Index Fund
Index
- 1 year return
- −7.6%
- Expense ratio
- 0.17%
- NAV
- ₹9.63
ICICI Prudential Nifty 500 Index Fund
Index
- 1 year return
- −7.9%
- Expense ratio
- 0.46%
- NAV
- ₹9.89
Which is better, Axis Nifty 500 Index or ICICI Prudential Nifty 500 Index? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Axis Nifty 500 Index returned more over 1 year: −7.6% against −7.9%.
- Axis Nifty 500 Index costs less: 0.17% a year against 0.46% (Direct plans).
- ICICI Prudential Nifty 500 Index fell less in its worst fall since 23-12-2024: −14.8% against −14.9%.
- Axis Nifty 500 Index is the larger fund: ₹314 Cr against ₹102 Cr.
- Their portfolios overlap 99.2%: 499 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 Nifty 500 Index Fund | ICICI Prudential Nifty 500 Index Fund |
|---|---|---|
| Fund house | Axis Mutual Fund | ICICI Prudential Mutual Fund |
| Category | Index | Index |
| AUM | ₹314 Cr (30-09-2026) | ₹102 Cr (30-09-2026) |
| NAV | ₹9.63 (Direct) | ₹9.89 (Direct) |
| Expense ratio (Direct) | 0.17% | 0.46% |
| Expense ratio (Regular) | 1.11% | 1.01% |
| Riskometer | Very High | Not available |
| Benchmark | Nifty 500 TRI | Nifty 500 TRI |
| Launch date | 12-07-2024 | 20-12-2024 |
| Minimum investment | ₹100 | ₹100 |
| Lock in | None | None |
| Fund managers | Nandik Malik, Rohit Gautam | Nishit Patel, Ashwini Bharucha, Venus Ahuja |
| Exit load | Exit load of 0.25%, if redeemed within 15 days. | Nil |
Axis Nifty 500 Index vs ICICI Prudential Nifty 500 Index: 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 Nifty 500 Index Fund (Direct) | −0.76% | −6.09% | −2.91% | −7.64% | -- | -- | -- |
| ICICI Prudential Nifty 500 Index Fund (Direct) | −0.78% | −6.22% | −3.14% | −7.92% | -- | -- | -- |
Axis Nifty 500 Index vs ICICI Prudential Nifty 500 Index: Year-wise Returns
| Year | AxisAxis Nifty 500 Index | ICICI PrudentialICICI Prudential Nifty 500 Index | Nifty 500 TRI |
|---|---|---|---|
| 2026to date | −7.79% | −8.01% | −7.51% |
| 2025 | +7.73% | +7.36% | +7.76% |
Axis Nifty 500 Index vs ICICI Prudential Nifty 500 Index: Rolling Returns
Every holding period of both funds, against Nifty 500 TRI, the benchmark of both
Rolling returns
Every 1-year holding period, 212 of them, one for each trading day from 23-12-2025 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.
Axis Nifty 500 Index Fund (Direct)
ICICI Prudential Nifty 500 Index Fund (Direct)
Nifty 500 TRI
to
Jan 2026Mar 2025
to
Mar 2026May 2025
to
May 2026Jun 2025
to
Jun 2026Aug 2025
to
Aug 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Axis Nifty 500 Index | 31.6 | 29.7 | 25.9 | 9.9 | 2.8 | 0.0 | 0.0 | 3.4% | 2.5% | −9.3% | 17.5% | 0% |
| ICICI Prudential Nifty 500 Index | 34.9 | 28.2 | 25.8 | 9.6 | 1.4 | 0.0 | 0.0 | 2.9% | 2.1% | −9.5% | 15.1% | 0% |
| Nifty 500 TRI | 27.8 | 31.6 | 27.8 | 9.4 | 3.3 | 0.0 | 0.0 | 3.6% | 2.7% | −9.0% | 17.6% | -- |
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 Nifty 500 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 23-12-2024. Past returns do not promise future returns.
Axis Nifty 500 Index vs ICICI Prudential Nifty 500 Index: 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 02-12-2024 to 30-10-2026: 23 instalments, ₹2,30,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Axis Nifty 500 IndexAxis Nifty 500 Index Fund (Direct) | ₹2,30,000 | ₹2,24,839 | −₹5,161 | −2.3% |
| ICICI Prudential Nifty 500 IndexICICI Prudential Nifty 500 Index Fund (Direct) | ₹2,30,000 | ₹2,24,200 | −₹5,800 | −2.6% |
Axis Nifty 500 IndexAxis Nifty 500 Index Fund (Direct)
ICICI Prudential Nifty 500 IndexICICI Prudential Nifty 500 Index 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 Nifty 500 Index vs ICICI Prudential Nifty 500 Index: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Axis Nifty 500 Index Fund (Direct) | ICICI Prudential Nifty 500 Index Fund (Direct) |
|---|---|---|
| Return (CAGR) | −7.64% | −7.92% |
| Standard deviation | 14.37% | 14.31% |
| Sharpe ratio | -0.90 | -0.92 |
| Sortino ratio | -1.19 | -1.22 |
| Maximum drawdown | −14.9% (30-03-2026) | −14.8% (30-03-2026) |
| Beta | 1.00 | 1.00 |
| Alpha | −0.31% | −0.64% |
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 Nifty 500 Index Fund (Direct) | ICICI Prudential Nifty 500 Index Fund (Direct) |
|---|---|---|
| Return (CAGR) | −1.76% | −0.76% |
| Standard deviation | 14.00% | 13.99% |
| Sharpe ratio | -0.54 | -0.45 |
| Sortino ratio | -0.72 | -0.62 |
| Maximum drawdown | −18.6% (28-02-2025) | −14.8% (30-03-2026) |
| Beta | 1.00 | 0.99 |
| Alpha | −0.20% | −0.56% |
From daily NAVs, 16-07-2024 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.
Axis Nifty 500 Index Fund (Direct)
ICICI Prudential Nifty 500 Index Fund (Direct)
Nifty 500 TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Axis Nifty 500 Index Fund (Direct) | −14.9% | 02-01-2026 | 30-03-2026 | Not yet | -- | −8.7% |
| ICICI Prudential Nifty 500 Index Fund (Direct) | −14.8% | 02-01-2026 | 30-03-2026 | Not yet | -- | −8.9% |
| Nifty 500 TRI | −14.7% | 02-01-2026 | 30-03-2026 | Not yet | -- | −8.4% |
From daily values since 23-12-2024, 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.
Axis Nifty 500 Index Fund (Direct)
ICICI Prudential Nifty 500 Index Fund (Direct)
Nifty 500 TRI
Against Nifty 500 TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| Axis Nifty 500 Index Fund (Direct) | 100% | 101% | 0.13% |
| ICICI Prudential Nifty 500 Index Fund (Direct) | 97% | 100% | 0.29% |
From month-end values since 23-12-2024. 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.
Axis Nifty 500 Index vs ICICI Prudential Nifty 500 Index: Portfolio Overlap
From each fund's latest monthly portfolio: Axis Nifty 500 Index Fund, September 2026; ICICI Prudential Nifty 500 Index Fund, September 2026
Holdings in common
- Overlap
- 99.2%
- Held by both
- 499
- Only in Axis Nifty 500 Index
- 1
- Only in ICICI Prudential Nifty 500 Index
- 0
| Security | % of Axis Nifty 500 Index | % of ICICI Prudential Nifty 500 Index |
|---|---|---|
| HDFC Bank Limited | 5.67% | 5.66% |
| ICICI Bank Limited | 4.94% | 4.94% |
| Reliance Industries Limited | 4.14% | 4.14% |
| Bharti Airtel Limited | 2.79% | 2.79% |
| Larsen & Toubro Limited | 2.30% | 2.29% |
| State Bank of India | 2.07% | 2.07% |
| Axis Bank Limited | 1.84% | 1.84% |
| Infosys Limited | 1.83% | 1.83% |
| Kotak Mahindra Bank Limited | 1.60% | 1.60% |
| Mahindra & Mahindra Limited | 1.37% | 1.37% |
| Bajaj Finance Limited | 1.37% | 1.36% |
| ITC Limited | 1.32% | 1.32% |
| Eternal Limited | 1.21% | 1.21% |
| Tata Consultancy Services Limited | 1.09% | 1.09% |
| Sun Pharmaceutical Industries Limited | 1.00% | 1.00% |
| Titan Company Limited | 0.99% | 0.99% |
| Hindustan Unilever Limited | 0.87% | 0.87% |
| Maruti Suzuki India Limited | 0.81% | 0.81% |
| NTPC Limited | 0.80% | 0.80% |
| Tata Steel Limited | 0.80% | 0.80% |
| Adani Ports and Special Economic Zone Limited | 0.74% | 0.73% |
| Bharat Electronics Limited | 0.73% | 0.72% |
| Shriram Finance Limited | 0.72% | 0.72% |
| Hindalco Industries Limited | 0.71% | 0.71% |
| HCL Technologies Limited | 0.68% | 0.68% |
| UltraTech Cement Limited | 0.68% | 0.67% |
| BSE Limited | 0.66% | 0.66% |
| JSW Steel Limited | 0.63% | 0.63% |
| Bajaj Auto Limited | 0.62% | 0.62% |
| Power Grid Corporation of India Limited | 0.62% | 0.61% |
| Divi's Laboratories Limited | 0.62% | 0.61% |
| Grasim Industries Limited | 0.60% | 0.60% |
| InterGlobe Aviation Limited | 0.59% | 0.59% |
| Asian Paints Limited | 0.57% | 0.57% |
| Coal India Limited | 0.53% | 0.53% |
| Bajaj Finserv Limited | 0.52% | 0.52% |
| Eicher Motors Limited | 0.51% | 0.51% |
| Adani Enterprises Limited | 0.51% | 0.51% |
| TVS Motor Company Limited | 0.50% | 0.50% |
| Tech Mahindra Limited | 0.50% | 0.50% |
| Nestle India Limited | 0.49% | 0.49% |
| Hindustan Aeronautics Limited | 0.46% | 0.46% |
| Tata Motors Ltd | 0.46% | 0.46% |
| Oil & Natural Gas Corporation Limited | 0.46% | 0.46% |
| Trent Limited | 0.45% | 0.45% |
| Adani Power Limited | 0.44% | 0.44% |
| Multi Commodity Exchange of India Limited | 0.44% | 0.44% |
| Apollo Hospitals Enterprise Limited | 0.44% | 0.44% |
| The Federal Bank Limited | 0.41% | 0.41% |
| Laurus Labs Limited | 0.40% | 0.40% |
| SBI Life Insurance Company Limited | 0.40% | 0.40% |
| Cipla Limited | 0.40% | 0.39% |
| Dr. Reddy's Laboratories Limited | 0.39% | 0.39% |
| One 97 Communications Limited | 0.38% | 0.38% |
| Samvardhana Motherson International Limited | 0.38% | 0.38% |
| Jio Financial Services Limited | 0.37% | 0.37% |
| Torrent Pharmaceuticals Limited | 0.37% | 0.37% |
| Cholamandalam Investment and Finance Company Ltd | 0.37% | 0.37% |
| Vedanta Aluminium Metal Limited | 0.37% | 0.36% |
| Max Healthcare Institute Limited | 0.36% | 0.36% |
| Hero MotoCorp Limited | 0.35% | 0.35% |
| Cummins India Limited | 0.34% | 0.34% |
| The Indian Hotels Company Limited | 0.33% | 0.33% |
| Tata Consumer Products Limited | 0.32% | 0.32% |
| Avenue Supermarts Limited | 0.32% | 0.32% |
| Coforge Limited | 0.32% | 0.32% |
| Bharat Petroleum Corporation Limited | 0.32% | 0.32% |
| Bharat Heavy Electricals Limited | 0.32% | 0.32% |
| Tata Power Company Limited | 0.31% | 0.31% |
| IndusInd Bank Limited | 0.31% | 0.31% |
| Tata Motors Passenger Vehicles Limited | 0.31% | 0.31% |
| Varun Beverages Limited | 0.31% | 0.31% |
| AU Small Finance Bank Limited | 0.31% | 0.31% |
| CG Power and Industrial Solutions Limited | 0.31% | 0.31% |
| Persistent Systems Limited | 0.30% | 0.30% |
| Britannia Industries Limited | 0.30% | 0.30% |
| HDFC Life Insurance Company Limited | 0.29% | 0.29% |
| IDFC First Bank Limited | 0.28% | 0.28% |
| Dixon Technologies (India) Limited | 0.28% | 0.28% |
| Bharat Forge Limited | 0.28% | 0.28% |
| GE Vernova T&D India Limited | 0.27% | 0.27% |
| Life Insurance Corporation Of India | 0.26% | 0.26% |
| Indian Oil Corporation Limited | 0.26% | 0.26% |
| Lenskart Solutions Limited | 0.26% | 0.26% |
| Lupin Limited | 0.26% | 0.26% |
| Suzlon Energy Limited | 0.25% | 0.25% |
| Indus Towers Limited | 0.25% | 0.25% |
| Solar Industries India Limited | 0.25% | 0.25% |
| Power Finance Corporation Limited | 0.25% | 0.25% |
| Info Edge (India) Limited | 0.25% | 0.25% |
| Bajaj Holdings & Investment Limited | 0.24% | 0.24% |
| HDFC Asset Management Company Limited | 0.24% | 0.24% |
| Aurobindo Pharma Limited | 0.24% | 0.24% |
| GAIL (India) Limited | 0.24% | 0.24% |
| Vedanta Limited | 0.24% | 0.24% |
| Pidilite Industries Limited | 0.24% | 0.24% |
| Ashok Leyland Limited | 0.23% | 0.23% |
| FSN E-Commerce Ventures Limited | 0.23% | 0.23% |
| DLF Limited | 0.23% | 0.23% |
| Bank of Baroda | 0.22% | 0.22% |
| Wipro Limited | 0.22% | 0.22% |
| Adani Green Energy Limited | 0.22% | 0.22% |
| Polycab India Limited | 0.22% | 0.22% |
| Adani Energy Solutions Limited | 0.22% | 0.22% |
| Jindal Steel Limited | 0.22% | 0.22% |
| Marico Limited | 0.22% | 0.22% |
| Canara Bank | 0.21% | 0.21% |
| Fortis Healthcare Limited | 0.21% | 0.21% |
| United Spirits Limited | 0.21% | 0.21% |
| APL Apollo Tubes Limited | 0.21% | 0.21% |
| Bosch Limited | 0.21% | 0.21% |
| Hitachi Energy India Limited | 0.20% | 0.20% |
| Punjab National Bank | 0.20% | 0.20% |
| ICICI Lombard General Insurance Company Limited | 0.20% | 0.20% |
| Embassy Office Parks REIT | 0.20% | 0.20% |
| PB Fintech Limited | 0.20% | 0.20% |
| Swiggy Limited | 0.20% | 0.20% |
| LTM Limited | 0.20% | 0.20% |
| REC Limited | 0.19% | 0.19% |
| Sona BLW Precision Forgings Limited | 0.19% | 0.19% |
| Yes Bank Limited | 0.19% | 0.19% |
| Max Financial Services Limited | 0.19% | 0.19% |
| The Phoenix Mills Limited | 0.19% | 0.19% |
| SRF Limited | 0.19% | 0.19% |
| Vodafone Idea Limited | 0.19% | 0.19% |
| Welspun Corp Limited | 0.19% | 0.19% |
| ABB India Limited | 0.19% | 0.19% |
| Glenmark Pharmaceuticals Limited | 0.18% | 0.18% |
| Godrej Consumer Products Limited | 0.18% | 0.18% |
| Radico Khaitan Limited | 0.18% | 0.18% |
| Lodha Developers Limited | 0.18% | 0.18% |
| Hindustan Petroleum Corporation Limited | 0.18% | 0.18% |
| Siemens Limited | 0.17% | 0.17% |
| Union Bank of India | 0.17% | 0.17% |
| GMR Airports Limited | 0.17% | 0.17% |
| Aditya Birla Capital Limited | 0.17% | 0.17% |
| Apar Industries Limited | 0.17% | 0.17% |
| Karur Vysya Bank Limited | 0.16% | 0.16% |
| Alkem Laboratories Limited | 0.16% | 0.16% |
| National Aluminium Company Limited | 0.16% | 0.16% |
| JSW Energy Limited | 0.16% | 0.16% |
| UPL Limited | 0.16% | 0.16% |
| Navin Fluorine International Limited | 0.16% | 0.16% |
| Sundaram Finance Limited | 0.16% | 0.16% |
| Shree Cement Limited | 0.16% | 0.15% |
| Zydus Lifesciences Limited | 0.15% | 0.15% |
| Hyundai Motor India Ltd | 0.15% | 0.15% |
| Muthoot Finance Limited | 0.15% | 0.15% |
| Mphasis Limited | 0.15% | 0.15% |
| Indian Bank | 0.15% | 0.15% |
| Mankind Pharma Limited | 0.15% | 0.15% |
| Vishal Mega Mart Limited | 0.15% | 0.15% |
| Siemens Energy India Limited | 0.15% | 0.15% |
| Ather Energy Limited | 0.14% | 0.14% |
| Hindustan Zinc Limited | 0.14% | 0.14% |
| 360 One WAM Limited | 0.14% | 0.14% |
| NHPC Limited | 0.14% | 0.14% |
| KEI Industries Limited | 0.14% | 0.14% |
| IPCA Laboratories Limited | 0.14% | 0.14% |
| Piramal Finance Limited | 0.14% | 0.14% |
| NMDC Limited | 0.14% | 0.14% |
| Billionbrains Garage Ventures Ltd | 0.14% | 0.14% |
| Steel Authority of India Limited | 0.14% | 0.14% |
| Havells India Limited | 0.13% | 0.13% |
| Lloyds Metals And Energy Limited | 0.13% | 0.13% |
| Biocon Limited | 0.13% | 0.13% |
| Prestige Estates Projects Limited | 0.13% | 0.13% |
| Oracle Financial Services Software Limited | 0.13% | 0.13% |
| Tube Investments of India Limited | 0.13% | 0.13% |
| RBL Bank Limited | 0.13% | 0.13% |
| Delhivery Limited | 0.13% | 0.13% |
| Oil India Limited | 0.13% | 0.13% |
| Voltas Limited | 0.13% | 0.13% |
| Redington Limited | 0.13% | 0.13% |
| MRF Limited | 0.13% | 0.12% |
| Gland Pharma Limited | 0.12% | 0.12% |
| Ambuja Cements Limited | 0.12% | 0.12% |
| Jindal Stainless Limited | 0.12% | 0.12% |
| Colgate Palmolive (India) Limited | 0.12% | 0.12% |
| HFCL Limited | 0.12% | 0.12% |
| Torrent Power Limited | 0.12% | 0.12% |
| Waaree Energies Limited | 0.12% | 0.12% |
| L&T Finance Limited | 0.12% | 0.12% |
| Brookfield India Real Estate Trust | 0.12% | 0.12% |
| Page Industries Limited | 0.12% | 0.12% |
| Central Depository Services (India) Limited | 0.12% | 0.12% |
| Dabur India Limited | 0.12% | 0.12% |
| Supreme Industries Limited | 0.12% | 0.12% |
| Kalyan Jewellers India Limited | 0.11% | 0.11% |
| Petronet LNG Limited | 0.11% | 0.11% |
| UNO Minda Limited | 0.11% | 0.11% |
| Godrej Properties Limited | 0.11% | 0.11% |
| City Union Bank Limited | 0.11% | 0.11% |
| Mahindra & Mahindra Financial Services Limited | 0.11% | 0.11% |
| JSW Infrastructure Ltd | 0.11% | 0.11% |
| Sai Life Sciences Limited | 0.11% | 0.11% |
| JK Cement Limited | 0.11% | 0.11% |
| PNB Housing Finance Limited | 0.11% | 0.11% |
| Cupid Limited | 0.11% | 0.11% |
| Coromandel International Limited | 0.11% | 0.11% |
| Meesho Ltd | 0.11% | 0.11% |
| Oberoi Realty Limited | 0.11% | 0.11% |
| Tata Communications Limited | 0.10% | 0.10% |
| Nippon Life India Asset Management Limited | 0.10% | 0.10% |
| Anand Rathi Wealth Limited | 0.10% | 0.10% |
| Blue Star Limited | 0.10% | 0.10% |
| Sansera Engineering Limited | 0.10% | 0.10% |
| Krishna Institute Of Medical Sciences Limited | 0.10% | 0.10% |
| Kirloskar Oil Engines Limited | 0.10% | 0.10% |
| Exide Industries Limited | 0.10% | 0.10% |
| PI Industries Limited | 0.10% | 0.10% |
| Aster DM Quality Care Limited | 0.10% | 0.10% |
| Gujarat Fluorochemicals Limited | 0.10% | 0.10% |
| ITC Hotels Limited | 0.10% | 0.10% |
| ICICI Prudential Asset Management Company Limited | 0.10% | 0.10% |
| Hindustan Copper Limited | 0.10% | 0.10% |
| Neuland Laboratories Limited | 0.10% | 0.09% |
| Wockhardt Limited | 0.09% | 0.09% |
| Indian Railway Finance Corporation Limited | 0.09% | 0.09% |
| Aegis Logistics Limited | 0.09% | 0.09% |
| LG Electronics India Ltd | 0.09% | 0.09% |
| TD Power Systems Limited | 0.09% | 0.09% |
| Manappuram Finance Limited | 0.09% | 0.09% |
| Bandhan Bank Limited | 0.09% | 0.09% |
| ICICI Prudential Life Insurance Company Limited | 0.09% | 0.09% |
| Angel One Limited | 0.09% | 0.09% |
| Jubilant Foodworks Limited | 0.09% | 0.09% |
| Tata Capital Limited | 0.09% | 0.09% |
| SBI Cards and Payment Services Limited | 0.09% | 0.09% |
| Acutaas Chemicals Limited | 0.09% | 0.09% |
| Balkrishna Industries Limited | 0.09% | 0.09% |
| Astral Limited | 0.09% | 0.09% |
| Adani Total Gas Limited | 0.09% | 0.09% |
| Ajanta Pharma Limited | 0.09% | 0.09% |
| Craftsman Automation Limited | 0.08% | 0.08% |
| The Great Eastern Shipping Company Limited | 0.08% | 0.08% |
| Himadri Speciality Chemical Limited | 0.08% | 0.08% |
| Bank of India | 0.08% | 0.08% |
| Container Corporation of India Limited | 0.08% | 0.08% |
| LIC Housing Finance Limited | 0.08% | 0.08% |
| Kalpataru Projects International Limited | 0.08% | 0.08% |
| Mazagon Dock Shipbuilders Limited | 0.08% | 0.08% |
| Motilal Oswal Financial Services Limited | 0.08% | 0.08% |
| Bank of Maharashtra | 0.08% | 0.08% |
| Poonawalla Fincorp Limited | 0.08% | 0.08% |
| Schaeffler India Limited | 0.08% | 0.08% |
| Computer Age Management Services Limited | 0.08% | 0.08% |
| Dr. Lal Path Labs Limited | 0.08% | 0.08% |
| AIA Engineering Limited | 0.08% | 0.08% |
| Amber Enterprises India Limited | 0.08% | 0.08% |
| Authum Investment And Infrastructure Limited | 0.08% | 0.08% |
| Carborundum Universal Limited | 0.08% | 0.08% |
| Syrma SGS Technology Limited | 0.07% | 0.07% |
| Cholamandalam Financial Holdings Limited | 0.07% | 0.07% |
| Crompton Greaves Consumer Electricals Limited | 0.07% | 0.07% |
| Indian Railway Catering And Tourism Corporation Limited | 0.07% | 0.07% |
| Abbott India Limited | 0.07% | 0.07% |
| IIFL Finance Limited | 0.07% | 0.07% |
| Dalmia Bharat Limited | 0.07% | 0.07% |
| Nuvama Wealth Management Limited | 0.07% | 0.07% |
| Linde India Limited | 0.07% | 0.07% |
| HDB Financial Services Limited | 0.07% | 0.07% |
| General Insurance Corporation of India | 0.07% | 0.07% |
| Elgi Equipments Limited | 0.07% | 0.07% |
| Thermax Limited | 0.07% | 0.07% |
| Apollo Tyres Limited | 0.07% | 0.07% |
| Berger Paints (I) Limited | 0.07% | 0.07% |
| Data Patterns (India) Limited | 0.07% | 0.07% |
| PTC Industries Limited | 0.07% | 0.07% |
| Piramal Pharma Limited | 0.07% | 0.07% |
| Cochin Shipyard Limited | 0.07% | 0.07% |
| Premier Energies Limited | 0.07% | 0.07% |
| Patanjali Foods Limited | 0.07% | 0.07% |
| Star Health And Allied Insurance Company Limited | 0.07% | 0.07% |
| Granules India Limited | 0.07% | 0.07% |
| Onesource Specialty Pharma Limited | 0.06% | 0.06% |
| Tata Technologies Limited | 0.06% | 0.06% |
| Cartrade Tech Limited | 0.06% | 0.06% |
| Narayana Hrudayalaya Limited | 0.06% | 0.06% |
| Asahi India Glass Limited | 0.06% | 0.06% |
| Global Health Limited | 0.06% | 0.06% |
| K.P.R. Mill Limited | 0.06% | 0.06% |
| Rail Vikas Nigam Limited | 0.06% | 0.06% |
| GlaxoSmithKline Pharmaceuticals Limited | 0.06% | 0.06% |
| KFin Technologies Limited | 0.06% | 0.06% |
| Timken India Limited | 0.06% | 0.06% |
| Finolex Cables Limited | 0.06% | 0.06% |
| Kaynes Technology India Limited | 0.06% | 0.06% |
| CRISIL Limited | 0.06% | 0.06% |
| Bharti Hexacom Limited | 0.06% | 0.06% |
| The Ramco Cements Limited | 0.06% | 0.06% |
| Home First Finance Company India Limited | 0.06% | 0.06% |
| Brigade Enterprises Limited | 0.06% | 0.06% |
| ZF Commercial Vehicle Control Systems India Limited | 0.06% | 0.06% |
| Sammaan Capital Limited | 0.06% | 0.06% |
| Tata Elxsi Limited | 0.06% | 0.06% |
| Sagility Limited | 0.05% | 0.05% |
| Five Star Business Finance Limited | 0.05% | 0.05% |
| Pine Labs Limited | 0.05% | 0.05% |
| Bharat Dynamics Limited | 0.05% | 0.05% |
| Indraprastha Gas Limited | 0.05% | 0.05% |
| Kajaria Ceramics Limited | 0.05% | 0.05% |
| Deepak Nitrite Limited | 0.05% | 0.05% |
| AWL Agri Business Limited | 0.05% | 0.05% |
| Aarti Industries Limited | 0.05% | 0.05% |
| Aditya Infotech Limited | 0.05% | 0.05% |
| Tata Chemicals Limited | 0.05% | 0.05% |
| Capri Global Capital Limited | 0.05% | 0.05% |
| Affle 3i Limited | 0.05% | 0.05% |
| Castrol India Limited | 0.05% | 0.05% |
| NLC India Limited | 0.05% | 0.05% |
| Endurance Technologies Limited | 0.05% | 0.05% |
| Anthem Biosciences Limited | 0.05% | 0.05% |
| Atul Limited | 0.05% | 0.05% |
| Amara Raja Energy & Mobility Ltd | 0.05% | 0.05% |
| Inventurus Knowledge Solutions Limited | 0.05% | 0.05% |
| Anant Raj Limited | 0.05% | 0.05% |
| Usha Martin Limited | 0.05% | 0.05% |
| Bajaj Housing Finance Limited | 0.05% | 0.05% |
| Belrise Industries Ltd. | 0.05% | 0.05% |
| Deepak Fertilizers and Petrochemicals Corporation Limited | 0.05% | 0.05% |
| Escorts Kubota Limited | 0.05% | 0.05% |
| HBL Engineering Limited | 0.05% | 0.05% |
| Indian Renewable Energy Development Agency Limited | 0.05% | 0.05% |
| L&T Technology Services Limited | 0.05% | 0.05% |
| PVR INOX Limited | 0.05% | 0.05% |
| Acme Solar Holdings Ltd | 0.05% | 0.05% |
| Jyoti CNC Automation Ltd | 0.05% | 0.05% |
| Netweb Technologies India Limited | 0.05% | 0.05% |
| NTPC Green Energy Limited | 0.05% | 0.05% |
| Motherson Sumi Wiring India Limited | 0.05% | 0.05% |
| Indian Energy Exchange Limited | 0.04% | 0.04% |
| Azad Engineering Ltd | 0.04% | 0.04% |
| Housing & Urban Development Corporation Limited | 0.04% | 0.04% |
| KPIT Technologies Limited | 0.04% | 0.04% |
| NBCC (India) Limited | 0.04% | 0.04% |
| Ola Electric Mobility Ltd | 0.04% | 0.04% |
| Cyient Limited | 0.04% | 0.04% |
| Emcure Pharmaceuticals Limited | 0.04% | 0.04% |
| Godfrey Phillips India Limited | 0.04% | 0.04% |
| Force Motors Limited | 0.04% | 0.04% |
| PG Electroplast Limited | 0.04% | 0.04% |
| CESC Limited | 0.04% | 0.04% |
| Engineers India Limited | 0.04% | 0.04% |
| Gabriel India Limited | 0.04% | 0.04% |
| SPR Auto Technologies Ltd | 0.04% | 0.04% |
| Tata Investment Corporation Limited | 0.04% | 0.04% |
| Firstsource Solutions Limited | 0.04% | 0.04% |
| United Breweries Limited | 0.04% | 0.04% |
| Nava Limited | 0.04% | 0.04% |
| R R Kabel Limited | 0.04% | 0.04% |
| Aptus Value Housing Finance India Limited | 0.04% | 0.04% |
| Balrampur Chini Mills Limited | 0.04% | 0.04% |
| BEML Limited | 0.04% | 0.04% |
| Emami Limited | 0.04% | 0.04% |
| Shyam Metalics and Energy Limited | 0.04% | 0.04% |
| Natco Pharma Limited | 0.04% | 0.04% |
| Zen Technologies Limited | 0.04% | 0.04% |
| eClerx Services Limited | 0.04% | 0.04% |
| Jaiprakash Power Ventures Limited | 0.04% | 0.04% |
| Hexaware Technologies Limited | 0.04% | 0.04% |
| PhysicsWallah Limited | 0.04% | 0.04% |
| Aditya Birla Sun Life AMC Limited | 0.04% | 0.04% |
| Cohance Lifesciences Limited | 0.04% | 0.04% |
| Ramkrishna Forgings Limited | 0.04% | 0.04% |
| ACC Limited | 0.04% | 0.04% |
| CCL Products (India) Limited | 0.04% | 0.04% |
| Welspun Living Limited | 0.04% | 0.04% |
| EID Parry India Limited | 0.04% | 0.04% |
| Vijaya Diagnostic Centre Limited | 0.04% | 0.04% |
| Schneider Electric Infrastructure Limited | 0.04% | 0.04% |
| Syngene International Limited | 0.04% | 0.04% |
| Honeywell Automation India Limited | 0.04% | 0.04% |
| Chennai Petroleum Corporation Limited | 0.04% | 0.04% |
| CreditAccess Grameen Limited | 0.04% | 0.04% |
| IRB Infrastructure Developers Limited | 0.04% | 0.04% |
| Zee Entertainment Enterprises Limited | 0.04% | 0.04% |
| Whirlpool of India Limited | 0.04% | 0.04% |
| CEAT Limited | 0.04% | 0.04% |
| Mahanagar Gas Limited | 0.03% | 0.03% |
| Aditya Birla Real Estate Limited | 0.03% | 0.03% |
| Inox Wind Limited | 0.03% | 0.03% |
| Chambal Fertilizers & Chemicals Limited | 0.03% | 0.03% |
| Thangamayil Jewellery Limited | 0.03% | 0.03% |
| Paradeep Phosphates Limited | 0.03% | 0.03% |
| Honasa Consumer Limited | 0.03% | 0.03% |
| Choice International Limited | 0.03% | 0.03% |
| Triveni Turbine Limited | 0.03% | 0.03% |
| The Jammu & Kashmir Bank Limited | 0.03% | 0.03% |
| Poly Medicure Limited | 0.03% | 0.03% |
| EIH Limited | 0.03% | 0.03% |
| Bagmane Prime Office REIT | 0.03% | 0.03% |
| Jindal Saw Limited | 0.03% | 0.03% |
| Garden Reach Shipbuilders & Engineers Limited | 0.03% | 0.03% |
| Sun TV Network Limited | 0.03% | 0.03% |
| Can Fin Homes Limited | 0.03% | 0.03% |
| Rubicon Research Limited | 0.03% | 0.03% |
| PCBL Chemical Limited | 0.03% | 0.03% |
| Titagarh Rail Systems Limited | 0.03% | 0.03% |
| TBO Tek Limited | 0.03% | 0.03% |
| Cemindia Projects Ltd | 0.03% | 0.03% |
| Rainbow Childrens Medicare Limited | 0.03% | 0.03% |
| Reliance Power Limited | 0.03% | 0.03% |
| Aether Industries Limited | 0.03% | 0.03% |
| Vedanta Oil and Gas Ltd | 0.03% | 0.03% |
| Vedanta Power Ltd | 0.03% | 0.03% |
| Minda Corporation Limited | 0.03% | 0.03% |
| Intellect Design Arena Limited | 0.03% | 0.03% |
| Devyani International Limited | 0.03% | 0.03% |
| Gillette India Limited | 0.03% | 0.03% |
| LT Foods Limited | 0.03% | 0.03% |
| Jubilant Ingrevia Limited | 0.03% | 0.03% |
| Urban Company Ltd. | 0.03% | 0.03% |
| Godawari Power And Ispat limited | 0.03% | 0.03% |
| Sobha Limited | 0.03% | 0.03% |
| Caplin Point Laboratories Limited | 0.03% | 0.03% |
| Vardhman Textiles Limited | 0.03% | 0.03% |
| Canara HSBC Life Insurance company Ltd | 0.03% | 0.03% |
| Sumitomo Chemical India Limited | 0.03% | 0.03% |
| Central Bank of India | 0.03% | 0.03% |
| NCC Limited | 0.03% | 0.03% |
| Lemon Tree Hotels Limited | 0.03% | 0.03% |
| Tenneco Clean Air India Limited | 0.03% | 0.03% |
| Graphite India Limited | 0.03% | 0.03% |
| Action Construction Equipment Limited | 0.03% | 0.03% |
| Techno Electric & Engineering Company Limited | 0.03% | 0.03% |
| Indiamart Intermesh Limited | 0.03% | 0.03% |
| JM Financial Limited | 0.03% | 0.03% |
| Zydus Wellness Limited | 0.03% | 0.03% |
| CIE Automotive India Limited | 0.03% | 0.03% |
| KEC International Limited | 0.03% | 0.03% |
| Aavas Financiers Limited | 0.03% | 0.03% |
| Zensar Technologies Limited | 0.03% | 0.03% |
| SJVN Limited | 0.02% | 0.02% |
| IDBI Bank Limited | 0.02% | 0.02% |
| Tejas Networks Limited | 0.02% | 0.02% |
| Gravita India Limited | 0.02% | 0.02% |
| Brainbees Solutions Ltd | 0.02% | 0.02% |
| IFCI Limited | 0.02% | 0.02% |
| Aegis Vopak Terminals Limited | 0.02% | 0.02% |
| NMDC Steel Limited | 0.02% | 0.02% |
| HEG Graphite Ltd | 0.02% | 0.02% |
| Afcons Infrastructure Limited | 0.02% | 0.02% |
| Shipping Corporation Of India Limited | 0.02% | 0.02% |
| Gujarat Mineral Development Corporation Limited | 0.02% | 0.02% |
| Bata India Limited | 0.02% | 0.02% |
| Fertilizers and Chemicals Travancore Limited | 0.02% | 0.02% |
| Emmvee Photovoltaic Power Limited | 0.02% | 0.02% |
| Elecon Engineering Company Limited | 0.02% | 0.02% |
| Godrej Industries Limited | 0.02% | 0.02% |
| Olectra Greentech Limited | 0.02% | 0.02% |
| Doms Industries Limited | 0.02% | 0.02% |
| Concord Biotech Limited | 0.02% | 0.02% |
| Sarda Energy & Minerals Limited | 0.02% | 0.02% |
| The New India Assurance Company Limited | 0.02% | 0.02% |
| Allied Blenders And Distillers Limited | 0.02% | 0.02% |
| Indian Overseas Bank | 0.02% | 0.02% |
| JK Tyre & Industries Limited | 0.02% | 0.02% |
| Inox India Limited | 0.02% | 0.02% |
| Clean Max Enviro Energy Solutions Limited | 0.02% | 0.02% |
| Swan Corp Limited | 0.02% | 0.02% |
| Kirloskar Brothers Limited | 0.02% | 0.02% |
| Birlasoft Limited | 0.02% | 0.02% |
| Aadhar Housing Finance Limited | 0.02% | 0.02% |
| Privi Speciality Chemicals Limited | 0.02% | 0.02% |
| KSB Limited | 0.02% | 0.02% |
| IRCON International Limited | 0.02% | 0.02% |
| Black Box Limited | 0.02% | 0.02% |
| Clean Science and Technology Limited | 0.02% | 0.02% |
| UTI Asset Management Company Limited | 0.02% | 0.02% |
| JSW Cement Limited | 0.02% | 0.02% |
| Fractal Analytics Ltd | 0.02% | 0.02% |
| Anupam Rasayan India Limited | 0.02% | 0.02% |
| Tega Industries Limited | 0.02% | 0.02% |
| Nuvoco Vistas Corporation Limited | 0.02% | 0.02% |
| International Gemological Institute Limited | 0.02% | 0.02% |
| Jupiter Wagons Limited | 0.02% | 0.02% |
| Prime Focus Limited | 0.02% | 0.02% |
| Mangalore Refinery and Petrochemicals Limited | 0.02% | 0.02% |
| Transformers And Rectifiers (India) Limited | 0.02% | 0.02% |
| Central Mine Planning & Design Institute Limited | 0.01% | 0.01% |
| Trident Limited | 0.01% | 0.01% |
| RailTel Corporation of India Limited | 0.01% | 0.01% |
| Jain Resource Recycling Limited | 0.01% | 0.01% |
| BLS International Services Limited | 0.01% | 0.01% |
| ITI Limited | 0.01% | 0.01% |
| RITES Limited | 0.01% | 0.01% |
| The India Cements Limited | 0.01% | 0.01% |
| UCO Bank | 0.01% | 0.01% |
| RHI Magnesita India Limited | 0.01% | 0.01% |
| Avanti Feeds Limited | 0.01% | 0.01% |
| SignatureGlobal (India) Limited | 0.01% | 0.01% |
| JBM Auto Limited | 0.01% | 0.01% |
| HEG Advanced Materials Ltd | 0.01% | 0.01% |
| Tata Teleservices (Maharashtra) Limited | 0.01% | 0.01% |
| Gallantt Ispat Limited | 0.01% | 0.01% |
| Bharat Coking Coal Limited | 0.01% | 0.01% |
| Vedanta Iron And Steel Limited | 0.03% | 0.01% |
| Sterlite Technologies Limited | 0.14% | 0.01% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 99.2% means 99.2% 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 Nifty 500 Index Fund
| Security | % of fund |
|---|---|
| MTAR Technologies Limited | 0.09% |
Largest holdings only in ICICI Prudential Nifty 500 Index Fund
Every holding of this fund is also held by the other.
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Axis Nifty 500 Index | ICICI Prudential Nifty 500 Index |
|---|---|---|
| Equity | 99.8% | 99.4% |
| Debt | 0.0% | 0.0% |
| Cash and others | 0.2% | 0.6% |
Market cap of stocks
| Market cap | Axis Nifty 500 Index | ICICI Prudential Nifty 500 Index |
|---|---|---|
| Large Cap | 67.2% | 67.2% |
| Mid Cap | 20.9% | 20.8% |
| Small Cap | 11.6% | 11.3% |
| Not on AMFI's list | 0.1% | 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 | Axis Nifty 500 Index | ICICI Prudential Nifty 500 Index |
|---|---|---|
| Banks | 19.3% | 19.4% |
| Finance | 6.5% | 6.5% |
| Pharmaceuticals & Biotechnology | 5.8% | 5.8% |
| IT - Software | 5.7% | 0.0% |
| It - Software | 0.0% | 5.7% |
| Petroleum Products | 5.0% | 5.0% |
| Automobiles | 4.9% | 4.9% |
The six largest sectors of each fund's stocks, % of the fund.
Axis Nifty 500 Index vs ICICI Prudential Nifty 500 Index: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Axis Nifty 500 Index Fund | ICICI Prudential Nifty 500 Index Fund |
|---|---|---|
| Total expense ratio (Direct) | 0.17% | 0.46% |
| Base expense ratio (Direct) | 0.09% | 0.25% |
| Total expense ratio (Regular) | 1.11% | 1.01% |
| Base expense ratio (Regular) | 0.90% | 0.72% |
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.
Axis Nifty 500 Index Fund vs ICICI Prudential Nifty 500 Index Fund: Frequently Asked Questions
What is the difference between Axis Nifty 500 Index Fund and ICICI Prudential Nifty 500 Index Fund?
Axis Nifty 500 Index Fund is an Index fund, ICICI Prudential Nifty 500 Index Fund is an Index fund, run by Axis Mutual Fund and ICICI Prudential Mutual Fund. Their portfolios overlap 99.2%. Axis Nifty 500 Index Fund charges 0.17% a year and ICICI Prudential Nifty 500 Index Fund 0.46%.
Which has given higher returns, Axis Nifty 500 Index Fund or ICICI Prudential Nifty 500 Index Fund?
Over 1 year: Axis Nifty 500 Index Fund −7.64%, ICICI Prudential Nifty 500 Index Fund −7.92%. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, Axis Nifty 500 Index Fund or ICICI Prudential Nifty 500 Index Fund?
Axis Nifty 500 Index Fund charges less: 0.17% a year against 0.46%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Axis Nifty 500 Index Fund and ICICI Prudential Nifty 500 Index Fund overlap?
99.2%. They hold 499 of the same securities, the largest shared ones being HDFCBANK, ICICIBANK, RELIANCE. From each fund's latest monthly portfolio.
Can I invest in both Axis Nifty 500 Index Fund and ICICI Prudential Nifty 500 Index Fund?
Yes. 99.2% of each fund's money sits in the same holdings, so a large part of the two investments would move together.
Who manages Axis Nifty 500 Index Fund and ICICI Prudential Nifty 500 Index Fund?
Axis Nifty 500 Index Fund: Nandik Malik, Rohit Gautam. ICICI Prudential Nifty 500 Index Fund: Nishit Patel, Ashwini Bharucha, Venus Ahuja.
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.