HDFC Nifty Auto Index Fund vs ICICI Prudential Nifty EV & New Age Automotive 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 EV & New Age Automotive ETF is a mutual fund. HDFC Nifty Auto Index Fund charges 0.97% a year and ICICI Prudential Nifty EV & New Age Automotive ETF 0.50%. Their portfolios overlap 47.8%: they hold 15 of the same securities.
ICICI Prudential Nifty EV & New Age Automotive ETF
- Expense ratio
- 0.50%
- NAV
- ₹29.25
Which is better, HDFC Nifty Auto Index or ICICI Prudential Nifty EV & New Age Automotive 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 EV & New Age Automotive ETF costs less: 0.50% a year against 0.97%.
- ICICI Prudential Nifty EV & New Age Automotive ETF fell less in its worst fall since 07-07-2026: −16.6% against −17.4%.
- HDFC Nifty Auto Index holds more in large companies: 75.5% of the fund in large caps against 44.0%.
- HDFC Nifty Auto Index is the larger fund: ₹146 Cr against ₹75 Cr.
- Their portfolios overlap 47.8%: 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 EV & New Age Automotive ETF |
|---|---|---|
| Fund house | HDFC Mutual Fund | ICICI Prudential Mutual Fund |
| Category | Index | Not available |
| AUM | ₹146 Cr (30-09-2026) | ₹75 Cr (30-09-2026) |
| NAV | ₹9.32 (Direct) | ₹29.25 |
| Expense ratio (Direct) | 0.97% | Not available |
| Expense ratio (Regular) | 1.54% | Not available |
| Riskometer | Very High | Not available |
| Benchmark | Nifty Auto TRI | Not available |
| Launch date | 07-07-2026 | Not available |
| Minimum investment | ₹100 | Not available |
| Lock in | None | Not available |
| Fund managers | Nandita Menezes, Arun Agarwal | Not available |
| Exit load | NIL | Not available |
HDFC Nifty Auto Index vs ICICI Prudential Nifty EV & New Age Automotive 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 EV & New Age Automotive ETF | −4.78% | −9.63% | −2.54% | −6.25% | -- | -- | -- |
HDFC Nifty Auto Index vs ICICI Prudential Nifty EV & New Age Automotive ETF: Year-wise Returns
| Year | HDFC Nifty Auto IndexHDFC Nifty Auto Index | ICICI Prudential Nifty EV & New Age Automotive ETFICICI Prudential Nifty EV & New Age Automotive ETF |
|---|---|---|
| 2026to date | -- | −7.33% |
HDFC Nifty Auto Index vs ICICI Prudential Nifty EV & New Age Automotive ETF: Rolling Returns
Every holding period of both funds, against Nifty Auto TRI, the benchmark of HDFC Nifty Auto Index Fund
HDFC Nifty Auto Index vs ICICI Prudential Nifty EV & New Age Automotive 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 EV & New Age Automotive ETF |
|---|---|---|
| Return (CAGR) | −19.98% | +11.15% |
| Standard deviation | 17.17% | 17.52% |
| Sharpe ratio | -1.47 | 0.33 |
| Sortino ratio | -1.85 | 0.48 |
| Maximum drawdown | −17.4% (08-10-2026) | −17.9% (31-03-2026) |
| Beta | 1.00 | 1.00 |
| Alpha | −0.19% | −0.58% |
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 EV & New Age Automotive 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 EV & New Age Automotive ETF | −16.6% | 13-08-2026 | 23-10-2026 | Not yet | -- | −14.6% |
| 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 EV & New Age Automotive ETF: Portfolio Overlap
From each fund's latest monthly portfolio: HDFC Nifty Auto Index Fund, September 2026; ICICI Prudential Nifty EV & New Age Automotive ETF, September 2026
Holdings in common
- Overlap
- 47.8%
- Held by both
- 15
- Only in HDFC Nifty Auto Index
- 0
- Only in ICICI Prudential Nifty EV & New Age Automotive ETF
- 22
| Security | % of HDFC Nifty Auto Index | % of ICICI Prudential Nifty EV & New Age Automotive ETF |
|---|---|---|
| Maruti Suzuki India Limited | 13.17% | 8.13% |
| Mahindra & Mahindra Ltd. | 22.30% | 7.97% |
| Samvardhana Motherson International Ltd. | 6.10% | 4.04% |
| Bajaj Auto Limited | 10.04% | 3.85% |
| Bosch Limited | 3.45% | 4.00% |
| Eicher Motors Ltd. | 8.35% | 3.20% |
| Sona Blw Precision Forgings | 3.16% | 4.13% |
| TVS Motor Company Ltd. | 8.16% | 3.13% |
| Hero MotoCorp Ltd. | 5.76% | 2.20% |
| Tata Motors Passenger Vehicles Limited | 5.02% | 1.92% |
| UNO Minda Limited | 1.80% | 3.94% |
| Bharat Forge Ltd. | 4.53% | 1.73% |
| Ashok Leyland Ltd | 3.73% | 1.43% |
| Hyundai Motor India Limited | 2.41% | 0.94% |
| Tube Investments of India Ltd. | 2.14% | 0.82% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 47.8% means 47.8% 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 EV & New Age Automotive ETF
| Security | % of fund |
|---|---|
| Sansera Engineering Ltd. | 3.99% |
| Reliance Industries Ltd. | 3.97% |
| CG Power and Industrial Solutions Ltd. | 3.95% |
| KEI Industries Ltd. | 3.91% |
| Exide Industries Ltd. | 3.82% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | HDFC Nifty Auto Index | ICICI Prudential Nifty EV & New Age Automotive 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 EV & New Age Automotive ETF |
|---|---|---|
| Large Cap | 75.5% | 44.0% |
| Mid Cap | 24.6% | 29.1% |
| Small Cap | 0.0% | 26.9% |
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 EV & New Age Automotive ETF |
|---|---|---|
| Automobiles | 75.2% | 32.9% |
| Auto Components | 21.2% | 35.5% |
| Chemicals & Petrochemicals | 0.0% | 9.0% |
| Agricultural, Commercial & Construction Vehicles | 3.7% | 4.3% |
| Petroleum Products | 0.0% | 4.0% |
| Electrical Equipment | 0.0% | 4.0% |
The six largest sectors of each fund's stocks, % of the fund.
HDFC Nifty Auto Index vs ICICI Prudential Nifty EV & New Age Automotive ETF: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | HDFC Nifty Auto Index Fund | ICICI Prudential Nifty EV & New Age Automotive 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% | 0.38% |
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 EV & New Age Automotive ETF: Frequently Asked Questions
What is the difference between HDFC Nifty Auto Index Fund and ICICI Prudential Nifty EV & New Age Automotive ETF?
HDFC Nifty Auto Index Fund is an Index fund, ICICI Prudential Nifty EV & New Age Automotive ETF is a mutual fund, run by HDFC Mutual Fund and ICICI Prudential Mutual Fund. Their portfolios overlap 47.8%. HDFC Nifty Auto Index Fund charges 0.97% a year and ICICI Prudential Nifty EV & New Age Automotive ETF 0.50%.
Which has the lower expense ratio, HDFC Nifty Auto Index Fund or ICICI Prudential Nifty EV & New Age Automotive ETF?
ICICI Prudential Nifty EV & New Age Automotive ETF charges less: 0.50% 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 EV & New Age Automotive ETF overlap?
47.8%. They hold 15 of the same securities, the largest shared ones being MARUTI, M&M, MOTHERSON. From each fund's latest monthly portfolio.
Can I invest in both HDFC Nifty Auto Index Fund and ICICI Prudential Nifty EV & New Age Automotive ETF?
Yes. 47.8% of each fund's money sits in the same holdings, so a large part of the two investments would move together.
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.