HDFC Nifty Auto Index Fund vs ICICI Prudential Nifty Auto ETF
Direct Plan where a fund has one, Growth option · Data as on 30-10-2026
HDFC Nifty Auto Index Fund is an Index fund and ICICI Prudential Nifty Auto ETF is an ETF fund. HDFC Nifty Auto Index Fund charges 0.97% a year and ICICI Prudential Nifty Auto ETF 0.22%. Their portfolios overlap 100.0%: they hold 15 of the same securities.
Which is better, HDFC Nifty Auto Index or ICICI Prudential Nifty Auto 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 Auto ETF costs less: 0.22% a year against 0.97%.
- ICICI Prudential Nifty Auto ETF fell less in its worst fall since 07-07-2026: −17.3% against −17.4%.
- ICICI Prudential Nifty Auto ETF is the larger fund: ₹217 Cr against ₹146 Cr.
- Their portfolios overlap 100.0%: 15 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 | HDFC Nifty Auto Index Fund | ICICI Prudential Nifty Auto ETF |
|---|---|---|
| Fund house | HDFC Mutual Fund | ICICI Prudential Mutual Fund |
| Category | Index | ETF |
| AUM | ₹146 Cr (30-09-2026) | ₹217 Cr (30-09-2026) |
| NAV | ₹9.32 (Direct) | ₹26.35 |
| Expense ratio (Direct) | 0.97% | Not available |
| Expense ratio (Regular) | 1.54% | Not available |
| Riskometer | Very High | Not available |
| Benchmark | Nifty Auto TRI | Nifty Auto TRI |
| Launch date | 07-07-2026 | 12-01-2022 |
| Minimum investment | ₹100 | 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 | Nandita Menezes, Arun Agarwal | Nishit Patel, Ashwini Bharucha, Venus Ahuja |
| Exit load | NIL | Not available |
HDFC Nifty Auto Index vs ICICI Prudential Nifty Auto 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 |
|---|---|---|---|---|---|---|---|
| HDFC Nifty Auto Index Fund (Direct) | −3.34% | −9.96% | -- | -- | -- | -- | -- |
| ICICI Prudential Nifty Auto ETF | −3.33% | −9.93% | −1.18% | −4.44% | +17.45% | -- | -- |
HDFC Nifty Auto Index vs ICICI Prudential Nifty Auto ETF: Year-wise Returns
| Year | HDFC Nifty Auto IndexHDFC Nifty Auto Index | ICICI Prudential Nifty Auto ETFICICI Prudential Nifty Auto ETF | Nifty Auto TRI |
|---|---|---|---|
| 2026to date | -- | −9.04% | −8.88% |
| 2025 | -- | +24.27% | +24.59% |
| 2024 | -- | +23.38% | +23.58% |
| 2023 | -- | +48.43% | +48.75% |
HDFC Nifty Auto Index vs ICICI Prudential Nifty Auto ETF: Rolling Returns
Every holding period of both funds, against Nifty Auto TRI, the benchmark of both
HDFC Nifty Auto Index vs ICICI Prudential Nifty Auto ETF: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | HDFC Nifty Auto Index Fund (Direct) | ICICI Prudential Nifty Auto ETF |
|---|---|---|
| Return (CAGR) | −19.98% | +18.49% |
| Standard deviation | 17.17% | 18.99% |
| Sharpe ratio | -1.47 | 0.66 |
| Sortino ratio | -1.85 | 0.95 |
| Maximum drawdown | −17.4% (08-10-2026) | −28.3% (07-04-2025) |
| Beta | 1.00 | 1.00 |
| Alpha | −0.19% | −0.23% |
From daily NAVs, 07-07-2026 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.
HDFC Nifty Auto Index Fund (Direct)
ICICI Prudential Nifty Auto ETF
Nifty Auto TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| HDFC Nifty Auto Index Fund (Direct) | −17.4% | 07-08-2026 | 08-10-2026 | Not yet | -- | −14.3% |
| ICICI Prudential Nifty Auto ETF | −17.3% | 07-08-2026 | 08-10-2026 | Not yet | -- | −14.3% |
| Nifty Auto TRI | −17.3% | 07-08-2026 | 08-10-2026 | Not yet | -- | −14.3% |
From daily values since 07-07-2026, the first day every fund has.
HDFC Nifty Auto Index vs ICICI Prudential Nifty Auto ETF: Portfolio Overlap
From each fund's latest monthly portfolio: HDFC Nifty Auto Index Fund, September 2026; ICICI Prudential Nifty Auto ETF, September 2026
Holdings in common
- Overlap
- 100.0%
- Held by both
- 15
- Only in HDFC Nifty Auto Index
- 0
- Only in ICICI Prudential Nifty Auto ETF
- 0
| Security | % of HDFC Nifty Auto Index | % of ICICI Prudential Nifty Auto ETF |
|---|---|---|
| Mahindra & Mahindra Ltd. | 22.30% | 22.26% |
| Maruti Suzuki India Limited | 13.17% | 13.15% |
| Bajaj Auto Limited | 10.04% | 10.02% |
| Eicher Motors Ltd. | 8.35% | 8.33% |
| TVS Motor Company Ltd. | 8.16% | 8.15% |
| Samvardhana Motherson International Ltd. | 6.10% | 6.09% |
| Hero MotoCorp Ltd. | 5.76% | 5.75% |
| Tata Motors Passenger Vehicles Limited | 5.02% | 5.01% |
| Bharat Forge Ltd. | 4.53% | 4.52% |
| Ashok Leyland Ltd | 3.73% | 3.73% |
| Bosch Limited | 3.45% | 3.45% |
| Sona Blw Precision Forgings | 3.16% | 3.15% |
| Hyundai Motor India Limited | 2.41% | 2.44% |
| Tube Investments of India Ltd. | 2.14% | 2.14% |
| UNO Minda Limited | 1.80% | 1.80% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 100.0% means 100.0% 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 HDFC Nifty Auto Index Fund
Every holding of this fund is also held by the other.
Largest holdings only in ICICI Prudential Nifty Auto 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 | HDFC Nifty Auto Index | ICICI Prudential Nifty Auto ETF |
|---|---|---|
| Equity | 100.1% | 100.0% |
| Debt | 0.0% | 0.0% |
| Cash and others | -0.1% | 0.0% |
Market cap of stocks
| Market cap | HDFC Nifty Auto Index | ICICI Prudential Nifty Auto ETF |
|---|---|---|
| Large Cap | 75.5% | 75.5% |
| Mid Cap | 24.6% | 24.5% |
| 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 | HDFC Nifty Auto Index | ICICI Prudential Nifty Auto ETF |
|---|---|---|
| Automobiles | 75.2% | 75.1% |
| Auto Components | 21.2% | 21.2% |
| Agricultural, Commercial & Construction Vehicles | 3.7% | 3.7% |
The six largest sectors of each fund's stocks, % of the fund.
HDFC Nifty Auto Index vs ICICI Prudential Nifty Auto ETF: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | HDFC Nifty Auto Index Fund | ICICI Prudential Nifty Auto ETF |
|---|---|---|
| Total expense ratio (Direct) | 0.97% | Not available |
| Base expense ratio (Direct) | 0.25% | 0.00% |
| Total expense ratio (Regular) | 1.54% | Not available |
| Base expense ratio (Regular) | 0.75% | 0.17% |
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.
HDFC Nifty Auto Index Fund vs ICICI Prudential Nifty Auto ETF: Frequently Asked Questions
What is the difference between HDFC Nifty Auto Index Fund and ICICI Prudential Nifty Auto ETF?
HDFC Nifty Auto Index Fund is an Index fund, ICICI Prudential Nifty Auto ETF is an ETF fund, run by HDFC Mutual Fund and ICICI Prudential Mutual Fund. Their portfolios overlap 100.0%. HDFC Nifty Auto Index Fund charges 0.97% a year and ICICI Prudential Nifty Auto ETF 0.22%.
Which has the lower expense ratio, HDFC Nifty Auto Index Fund or ICICI Prudential Nifty Auto ETF?
ICICI Prudential Nifty Auto ETF charges less: 0.22% a year against 0.97%. These are the total expense ratios reported to AMFI.
How much do HDFC Nifty Auto Index Fund and ICICI Prudential Nifty Auto ETF overlap?
100.0%. They hold 15 of the same securities, the largest shared ones being M&M, MARUTI, BAJAJ-AUTO. From each fund's latest monthly portfolio.
Can I invest in both HDFC Nifty Auto Index Fund and ICICI Prudential Nifty Auto ETF?
Yes. 100.0% of each fund's money sits in the same holdings, so a large part of the two investments would move together.
Who manages HDFC Nifty Auto Index Fund and ICICI Prudential Nifty Auto ETF?
HDFC Nifty Auto Index Fund: Nandita Menezes, Arun Agarwal. ICICI Prudential Nifty Auto ETF: 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.