Groww Nifty Next 50 ETF vs ICICI Prudential Nifty Next 50 ETF
Direct Plan where a fund has one, Growth option · Data as on 30-10-2026
Groww Nifty Next 50 ETF is an ETF fund and ICICI Prudential Nifty Next 50 ETF is an ETF fund. In the year to 30-10-2026, Groww Nifty Next 50 ETF returned −2.7% and ICICI Prudential Nifty Next 50 ETF returned −2.7%. Groww Nifty Next 50 ETF charges 0.43% a year and ICICI Prudential Nifty Next 50 ETF 0.19%. Their portfolios overlap 99.9%: they hold 50 of the same securities.
ICICI Prudential Nifty Next 50 ETF
ETF
- 1 year return
- −2.7%
- Expense ratio
- 0.19%
- NAV
- ₹71.54
Which is better, Groww Nifty Next 50 ETF or ICICI Prudential Nifty Next 50 ETF? 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 Nifty Next 50 ETF returned more over 1 year: −2.7% against −2.7%.
- ICICI Prudential Nifty Next 50 ETF costs less: 0.19% a year against 0.43%.
- Groww Nifty Next 50 ETF fell less in its worst fall since 25-08-2025: −14.4% against −14.4%.
- ICICI Prudential Nifty Next 50 ETF is the larger fund: ₹2,612 Cr against ₹9 Cr.
- Their portfolios overlap 99.9%: 50 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 | Groww Nifty Next 50 ETF | ICICI Prudential Nifty Next 50 ETF |
|---|---|---|
| Fund house | Groww Mutual Fund | ICICI Prudential Mutual Fund |
| Category | ETF | ETF |
| AUM | ₹9 Cr (30-09-2026) | ₹2,612 Cr (30-09-2026) |
| NAV | ₹68.15 | ₹71.54 |
| Expense ratio (Direct) | Not available | Not available |
| Expense ratio (Regular) | Not available | Not available |
| Riskometer | Very High | Not available |
| Benchmark | Nifty Next 50 TRI | Nifty Next 50 TRI |
| Launch date | 22-08-2025 | 23-08-2018 |
| Minimum investment | 1 Unit | During Ongoing/Continuous Offer: On Stock Exchanges: Investors can buy/sell units of the Scheme in round lot of 1 unit and in multiples thereof. Directly with the Mutual Fund: Investors can buy or sell units of the scheme in creation unit size and its mul |
| Lock in | None | None |
| Fund managers | Aakash Chauhan, Nikhil Satam, Shashi Kumar | Nishit Patel, Ajaykumar Solanki, Ashwini Bharucha, Venus Ahuja |
| Exit load | Nil | Not available |
Groww Nifty Next 50 ETF vs ICICI Prudential Nifty Next 50 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 |
|---|---|---|---|---|---|---|---|
| Groww Nifty Next 50 ETF | −2.89% | −6.58% | −2.34% | −2.71% | -- | -- | -- |
| ICICI Prudential Nifty Next 50 ETF | −2.86% | −6.65% | −2.46% | −2.71% | +16.37% | +10.79% | -- |
Groww Nifty Next 50 ETF vs ICICI Prudential Nifty Next 50 ETF: Year-wise Returns
| Year | GrowwGroww Nifty Next 50 ETF | ICICI PrudentialICICI Prudential Nifty Next 50 ETF | Nifty Next 50 TRI |
|---|---|---|---|
| 2026to date | −1.71% | −1.74% | −1.53% |
| 2025 | -- | +2.86% | +2.90% |
| 2024 | -- | +28.21% | +28.37% |
| 2023 | -- | +27.05% | +27.24% |
| 2022 | -- | +0.79% | +0.96% |
| 2021 | -- | +30.65% | +30.87% |
Groww Nifty Next 50 ETF vs ICICI Prudential Nifty Next 50 ETF: Rolling Returns
Every holding period of both funds, against Nifty Next 50 TRI, the benchmark of both
Rolling returns
Every 1-year holding period, 44 of them, one for each trading day from 25-08-2026 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.
Groww Nifty Next 50 ETF
ICICI Prudential Nifty Next 50 ETF
Nifty Next 50 TRI
to
Aug 2026Sept 2025
to
Sept 2026Sept 2025
to
Sept 2026Oct 2025
to
Oct 2026Oct 2025
to
Oct 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Groww Nifty Next 50 ETF | 18.2 | 45.5 | 25.0 | 11.4 | 0.0 | 0.0 | 0.0 | 4.0% | 3.3% | −4.5% | 13.0% | 0% |
| ICICI Prudential Nifty Next 50 ETF | 18.2 | 45.5 | 22.7 | 13.6 | 0.0 | 0.0 | 0.0 | 4.2% | 3.5% | −4.5% | 13.3% | 0% |
| Nifty Next 50 TRI | 15.9 | 47.7 | 22.7 | 13.6 | 0.0 | 0.0 | 0.0 | 4.4% | 3.7% | −4.3% | 13.5% | -- |
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 Next 50 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 25-08-2025. Past returns do not promise future returns.
Groww Nifty Next 50 ETF vs ICICI Prudential Nifty Next 50 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 25-08-2025 to 30-10-2026: 15 instalments, ₹1,50,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Groww Nifty Next 50 ETFGroww Nifty Next 50 ETF | ₹1,50,000 | ₹1,47,830 | −₹2,170 | −2.2% |
| ICICI Prudential Nifty Next 50 ETFICICI Prudential Nifty Next 50 ETF | ₹1,50,000 | ₹1,48,045 | −₹1,955 | −2.0% |
Groww Nifty Next 50 ETFGroww Nifty Next 50 ETF
ICICI Prudential Nifty Next 50 ETFICICI Prudential Nifty Next 50 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.
Groww Nifty Next 50 ETF vs ICICI Prudential Nifty Next 50 ETF: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Groww Nifty Next 50 ETF | ICICI Prudential Nifty Next 50 ETF |
|---|---|---|
| Return (CAGR) | −2.71% | −2.71% |
| Standard deviation | 17.44% | 17.51% |
| Sharpe ratio | -0.46 | -0.45 |
| Sortino ratio | -0.61 | -0.60 |
| Maximum drawdown | −14.4% (31-03-2026) | −14.4% (30-03-2026) |
| Beta | 1.00 | 1.00 |
| Alpha | −0.25% | −0.21% |
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 | Groww Nifty Next 50 ETF | ICICI Prudential Nifty Next 50 ETF |
|---|---|---|
| Return (CAGR) | +0.52% | +10.96% |
| Standard deviation | 16.58% | 18.63% |
| Sharpe ratio | -0.29 | 0.31 |
| Sortino ratio | -0.38 | 0.40 |
| Maximum drawdown | −14.4% (31-03-2026) | −40.0% (23-03-2020) |
| Beta | 1.00 | 1.00 |
| Alpha | −0.33% | −0.22% |
From daily NAVs, 25-08-2025 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.
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.
Groww Nifty Next 50 ETF
ICICI Prudential Nifty Next 50 ETF
Nifty Next 50 TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Groww Nifty Next 50 ETF | −14.4% | 07-01-2026 | 31-03-2026 | 21-04-2026 | 21 days | −9.3% |
| ICICI Prudential Nifty Next 50 ETF | −14.4% | 26-02-2026 | 30-03-2026 | 21-04-2026 | 22 days | −9.3% |
| Nifty Next 50 TRI | −14.4% | 26-02-2026 | 30-03-2026 | 21-04-2026 | 22 days | −9.3% |
From daily values since 25-08-2025, 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.
Groww Nifty Next 50 ETF
ICICI Prudential Nifty Next 50 ETF
Nifty Next 50 TRI
Against Nifty Next 50 TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| Groww Nifty Next 50 ETF | 99% | 100% | 0.17% |
| ICICI Prudential Nifty Next 50 ETF | 99% | 100% | 0.14% |
From month-end values since 25-08-2025. 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.
Groww Nifty Next 50 ETF vs ICICI Prudential Nifty Next 50 ETF: Portfolio Overlap
From each fund's latest monthly portfolio: Groww Nifty Next 50 ETF, September 2026; ICICI Prudential Nifty Next 50 ETF, September 2026
Holdings in common
- Overlap
- 99.9%
- Held by both
- 50
- Only in Groww Nifty Next 50 ETF
- 0
- Only in ICICI Prudential Nifty Next 50 ETF
- 0
| Security | % of Groww Nifty Next 50 ETF | % of ICICI Prudential Nifty Next 50 ETF |
|---|---|---|
| Divi's Laboratories Limited | 4.83% | 4.84% |
| TVS Motor Company Limited | 3.95% | 3.95% |
| Hindustan Aeronautics Limited | 3.62% | 3.63% |
| Tata Motors Limited | 3.61% | 3.61% |
| Adani Power Limited | 3.48% | 3.48% |
| Samvardhana Motherson International Ltd | 2.95% | 2.95% |
| Torrent Pharmaceuticals Limited | 2.89% | 2.89% |
| Cholamandalam Invest & Finance Co Ltd | 2.88% | 2.88% |
| Vedanta Aluminium Metal Limited | 2.87% | 2.87% |
| Cummins India Limited | 2.63% | 2.63% |
| Avenue Supermarts Limited | 2.51% | 2.51% |
| Bharat Petroleum Corporation Limited | 2.49% | 2.49% |
| The Tata Power Company Limited | 2.47% | 2.47% |
| Varun Beverages Limited | 2.42% | 2.42% |
| CG Power And Industrial Solutions Ltd | 2.40% | 2.40% |
| Britannia Industries Limited | 2.33% | 2.33% |
| Indian Oil Corporation Limited | 2.06% | 2.06% |
| Solar Industries India Limited | 1.96% | 1.97% |
| Power Finance Corporation Limited | 1.94% | 1.94% |
| HDFC Asset Management Company Limited | 1.91% | 1.91% |
| Bajaj Holdings & Investment.Ltd | 1.90% | 1.91% |
| GAIL (India) Limited | 1.88% | 1.88% |
| Vedanta Limited | 1.87% | 1.87% |
| Pidilite Industries Limited | 1.86% | 1.86% |
| DLF Limited | 1.77% | 1.77% |
| Wipro Limited | 1.76% | 1.76% |
| Adani Energy Solutions Limited | 1.76% | 1.76% |
| Adani Green Energy Limited | 1.75% | 1.75% |
| Polycab India Limited | 1.75% | 1.76% |
| Bank of Baroda | 1.75% | 1.75% |
| Jindal Steel Limited | 1.72% | 1.72% |
| Bosch Limited | 1.65% | 1.67% |
| Canara Bank | 1.64% | 1.64% |
| Punjab National Bank | 1.59% | 1.59% |
| Hitachi Energy India Limited | 1.59% | 1.60% |
| LTM Limited | 1.54% | 1.54% |
| Vodafone Idea Limited | 1.46% | 1.46% |
| ABB India Limited | 1.46% | 1.46% |
| Godrej Consumer Products Limited | 1.40% | 1.40% |
| Union Bank of India | 1.35% | 1.35% |
| Siemens Limited | 1.34% | 1.35% |
| Muthoot Finance Limited | 1.20% | 1.20% |
| Hyundai Motor India Limited | 1.18% | 1.18% |
| Zydus Lifesciences Limited | 1.18% | 1.18% |
| Siemens Energy India Limited | 1.16% | 1.16% |
| Hindustan Zinc Limited | 1.11% | 1.11% |
| Ambuja Cements Limited | 0.95% | 0.95% |
| Tata Capital Ltd | 0.74% | 0.74% |
| Indian Railway Finance Corporation Ltd | 0.73% | 0.73% |
| Mazagon Dock Shipbuilders Limited | 0.66% | 0.66% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 99.9% means 99.9% 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 Groww Nifty Next 50 ETF
Every holding of this fund is also held by the other.
Largest holdings only in ICICI Prudential Nifty Next 50 ETF
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 | Groww Nifty Next 50 ETF | ICICI Prudential Nifty Next 50 ETF |
|---|---|---|
| Equity | 99.9% | 100.0% |
| Debt | 0.0% | 0.0% |
| Cash and others | 0.1% | 0.0% |
Market cap of stocks
| Market cap | Groww Nifty Next 50 ETF | ICICI Prudential Nifty Next 50 ETF |
|---|---|---|
| Large Cap | 95.3% | 95.3% |
| Mid Cap | 4.6% | 4.7% |
| Small Cap | 0.0% | 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 | Groww Nifty Next 50 ETF | ICICI Prudential Nifty Next 50 ETF |
|---|---|---|
| Power | 9.4% | 9.5% |
| Finance | 9.4% | 9.4% |
| Pharmaceuticals & Biotechnology | 8.9% | 8.9% |
| Electrical Equipment | 8.0% | 8.0% |
| Banks | 6.3% | 6.3% |
| Automobiles | 5.1% | 5.1% |
The six largest sectors of each fund's stocks, % of the fund.
Groww Nifty Next 50 ETF vs ICICI Prudential Nifty Next 50 ETF: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Groww Nifty Next 50 ETF | ICICI Prudential Nifty Next 50 ETF |
|---|---|---|
| Base expense ratio (Direct) | 0.30% | 0.00% |
| Base expense ratio (Regular) | 0.00% | 0.09% |
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.
Groww Nifty Next 50 ETF vs ICICI Prudential Nifty Next 50 ETF: Frequently Asked Questions
What is the difference between Groww Nifty Next 50 ETF and ICICI Prudential Nifty Next 50 ETF?
Groww Nifty Next 50 ETF is an ETF fund, ICICI Prudential Nifty Next 50 ETF is an ETF fund, run by Groww Mutual Fund and ICICI Prudential Mutual Fund. Their portfolios overlap 99.9%. Groww Nifty Next 50 ETF charges 0.43% a year and ICICI Prudential Nifty Next 50 ETF 0.19%.
Which has given higher returns, Groww Nifty Next 50 ETF or ICICI Prudential Nifty Next 50 ETF?
Over 1 year: Groww Nifty Next 50 ETF −2.71%, ICICI Prudential Nifty Next 50 ETF −2.71%. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, Groww Nifty Next 50 ETF or ICICI Prudential Nifty Next 50 ETF?
ICICI Prudential Nifty Next 50 ETF charges less: 0.19% a year against 0.43%. These are the total expense ratios reported to AMFI.
How much do Groww Nifty Next 50 ETF and ICICI Prudential Nifty Next 50 ETF overlap?
99.9%. They hold 50 of the same securities, the largest shared ones being DIVISLAB, TVSMOTOR, HAL. From each fund's latest monthly portfolio.
Can I invest in both Groww Nifty Next 50 ETF and ICICI Prudential Nifty Next 50 ETF?
Yes. 99.9% of each fund's money sits in the same holdings, so a large part of the two investments would move together.
Who manages Groww Nifty Next 50 ETF and ICICI Prudential Nifty Next 50 ETF?
Groww Nifty Next 50 ETF: Aakash Chauhan, Nikhil Satam, Shashi Kumar. ICICI Prudential Nifty Next 50 ETF: Nishit Patel, Ajaykumar Solanki, 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.