ICICI Prudential Balanced Hybrid Fund vs Zerodha Nifty LargeMidcap250 Plus 8-13 yr G-Sec 70:30 Index Fund
Direct Plan, Growth option · Data as on 30-10-2026
ICICI Prudential Balanced Hybrid Fund is a mutual fund and Zerodha Nifty LargeMidcap250 Plus 8-13 yr G-Sec 70:30 Index Fund is an Index fund. ICICI Prudential Balanced Hybrid Fund charges 1.15% a year and Zerodha Nifty LargeMidcap250 Plus 8-13 yr G-Sec 70:30 Index Fund 0.79% (Direct plans). Their portfolios overlap 20.2%: they hold 23 of the same securities.
ICICI Prudential Balanced Hybrid Fund
- Expense ratio
- 1.15%
- NAV
- ₹9.74
Zerodha Nifty LargeMidcap250 Plus 8-13 yr G-Sec 70:30 Index Fund
Index
- Expense ratio
- 0.79%
- NAV
- ₹9.68
Which is better, ICICI Prudential Balanced Hybrid or Zerodha Nifty LargeMidcap250 Plus 8-13 yr G-Sec 70:30 Index? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Zerodha Nifty LargeMidcap250 Plus 8-13 yr G-Sec 70:30 Index costs less: 0.79% a year against 1.15% (Direct plans).
- ICICI Prudential Balanced Hybrid fell less in its worst fall since 20-07-2026: −5.5% against −8.4%.
- Zerodha Nifty LargeMidcap250 Plus 8-13 yr G-Sec 70:30 Index holds more in large companies: 35.8% of the fund in large caps against 21.1%.
- ICICI Prudential Balanced Hybrid is the larger fund: ₹219 Cr against ₹14 Cr.
- Their portfolios overlap 20.2%: 23 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 | ICICI Prudential Balanced Hybrid Fund | Zerodha Nifty LargeMidcap250 Plus 8-13 yr G-Sec 70:30 Index Fund |
|---|---|---|
| Fund house | ICICI Prudential Mutual Fund | Zerodha Mutual Fund |
| Category | Not available | Index |
| AUM | ₹219 Cr (30-09-2026) | ₹14 Cr (30-09-2026) |
| NAV | ₹9.74 (Direct) | ₹9.68 (Direct) |
| Expense ratio (Direct) | 1.15% | 0.79% |
| Expense ratio (Regular) | 2.33% | Not available |
| Riskometer | Not available | Very High |
| Benchmark | Not available | Nifty LargeMidcap250 Plus 8-13 yr G-Sec 70:30 TRI |
| Launch date | Not available | 20-04-2026 |
| Minimum investment | Not available | ₹100 |
| Lock in | Not available | None |
| Fund managers | Not available | Kedarnath Mirajkar |
| Exit load | Not available | Nil |
ICICI Prudential Balanced Hybrid vs Zerodha Nifty LargeMidcap250 Plus 8-13 yr G-Sec 70:30 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 |
|---|---|---|---|---|---|---|---|
| ICICI Prudential Balanced Hybrid Fund (Direct) | −2.50% | −3.66% | -- | -- | -- | -- | -- |
| Zerodha Nifty LargeMidcap250 Plus 8-13 yr G-Sec 70:30 Index Fund (Direct) | −1.25% | −5.60% | −2.41% | -- | -- | -- | -- |
ICICI Prudential Balanced Hybrid vs Zerodha Nifty LargeMidcap250 Plus 8-13 yr G-Sec 70:30 Index: Rolling Returns
Every holding period of both funds
ICICI Prudential Balanced Hybrid vs Zerodha Nifty LargeMidcap250 Plus 8-13 yr G-Sec 70:30 Index: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | ICICI Prudential Balanced Hybrid Fund (Direct) | Zerodha Nifty LargeMidcap250 Plus 8-13 yr G-Sec 70:30 Index Fund (Direct) |
|---|---|---|
| Return (CAGR) | −9.33% | −6.50% |
| Standard deviation | 6.98% | 9.24% |
| Sharpe ratio | -2.09 | -1.28 |
| Sortino ratio | -2.49 | -1.65 |
| Maximum drawdown | −5.5% (23-10-2026) | −8.4% (23-10-2026) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 20-07-2026 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.
ICICI Prudential Balanced Hybrid Fund (Direct)
Zerodha Nifty LargeMidcap250 Plus 8-13 yr G-Sec 70:30 Index Fund (Direct)
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| ICICI Prudential Balanced Hybrid Fund (Direct) | −5.5% | 06-08-2026 | 23-10-2026 | Not yet | -- | −4.8% |
| Zerodha Nifty LargeMidcap250 Plus 8-13 yr G-Sec 70:30 Index Fund (Direct) | −8.4% | 10-08-2026 | 23-10-2026 | Not yet | -- | −6.9% |
From daily values since 20-07-2026, the first day every fund has.
ICICI Prudential Balanced Hybrid vs Zerodha Nifty LargeMidcap250 Plus 8-13 yr G-Sec 70:30 Index: Portfolio Overlap
From each fund's latest monthly portfolio: ICICI Prudential Balanced Hybrid Fund, September 2026; Zerodha Nifty LargeMidcap250 Plus 8-13 yr G-Sec 70:30 Index Fund, September 2026
Holdings in common
- Overlap
- 20.2%
- Held by both
- 23
- Only in ICICI Prudential Balanced Hybrid
- 27
- Only in Zerodha Nifty LargeMidcap250 Plus 8-13 yr G-Sec 70:30 Index
- 228
| Security | % of ICICI Prudential Balanced Hybrid | % of Zerodha Nifty LargeMidcap250 Plus 8-13 yr G-Sec 70:30 Index |
|---|---|---|
| Government Securities | 8.97% | 29.83% |
| HDFC Bank Ltd. | 2.34% | 2.93% |
| Reliance Industries Ltd. | 1.32% | 2.14% |
| Larsen & Toubro Ltd. | 1.15% | 1.18% |
| Axis Bank Ltd. | 2.62% | 0.95% |
| Kotak Mahindra Bank Ltd. | 0.76% | 0.83% |
| Mahindra & Mahindra Ltd. | 1.06% | 0.71% |
| Tata Consultancy Services Ltd. | 0.90% | 0.56% |
| Hindustan Unilever Ltd. | 1.33% | 0.45% |
| NTPC Ltd. | 1.09% | 0.41% |
| ICICI Lombard General Insurance Company Ltd. | 1.45% | 0.33% |
| Swiggy Ltd | 0.77% | 0.32% |
| TVS Motor Company Ltd. | 0.92% | 0.25% |
| Havells India Ltd. | 0.96% | 0.22% |
| Voltas Ltd. | 1.31% | 0.21% |
| SBI Life Insurance Company Ltd. | 3.10% | 0.20% |
| Dr. Reddy's Laboratories Ltd. | 2.24% | 0.20% |
| Vedanta Aluminium Metal Ltd. | 1.44% | 0.19% |
| PI Industries Ltd. | 2.97% | 0.16% |
| ICICI Prudential Life Insurance Company Ltd. | 1.79% | 0.15% |
| HDFC Life Insurance Company Ltd. | 1.56% | 0.15% |
| SBI Cards & Payment Services Ltd. | 1.28% | 0.15% |
| Godrej Consumer Products Ltd. | 1.51% | 0.09% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 20.2% means 20.2% 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 ICICI Prudential Balanced Hybrid Fund
| Security | % of fund |
|---|---|
| Rural Electrification Corporation Ltd. | 4.54% |
| Gabriel India Ltd | 4.53% |
| Muthoot Finance Ltd. | 3.42% |
| MINDSPACE BUSINESS PARKS REIT | 3.40% |
| SMFG India Home Finance Company Ltd. | 2.29% |
Largest holdings only in Zerodha Nifty LargeMidcap250 Plus 8-13 yr G-Sec 70:30 Index Fund
| Security | % of fund |
|---|---|
| ICICI Bank Limited | 2.55% |
| Bharti Airtel Limited | 1.44% |
| State Bank of India | 1.07% |
| Infosys Limited | 0.95% |
| Multi Commodity Exchange of India Limited | 0.72% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | ICICI Prudential Balanced Hybrid | Zerodha Nifty LargeMidcap250 Plus 8-13 yr G-Sec 70:30 Index |
|---|---|---|
| Equity | 52.5% | 68.7% |
| Debt | 38.4% | 29.8% |
| Cash and others | 9.0% | 1.4% |
Market cap of stocks
| Market cap | ICICI Prudential Balanced Hybrid | Zerodha Nifty LargeMidcap250 Plus 8-13 yr G-Sec 70:30 Index |
|---|---|---|
| Large Cap | 21.1% | 35.8% |
| Mid Cap | 12.8% | 32.1% |
| Small Cap | 17.2% | 0.9% |
| Not on AMFI's list | 1.4% | 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 | ICICI Prudential Balanced Hybrid | Zerodha Nifty LargeMidcap250 Plus 8-13 yr G-Sec 70:30 Index |
|---|---|---|
| Banks | 5.7% | 11.8% |
| Insurance | 7.9% | 1.7% |
| Pharmaceuticals & Biotechnology | 3.5% | 4.6% |
| Finance | 1.3% | 4.5% |
| Consumer Durables | 4.4% | 2.3% |
| IT - Software | 0.0% | 3.8% |
| Fertilizers & Agrochemicals | 3.0% | 0.6% |
| Retailing | 2.5% | 3.0% |
| Auto Components | 2.9% | 1.9% |
| Automobiles | 2.0% | 2.8% |
The six largest sectors of each fund's stocks, % of the fund.
ICICI Prudential Balanced Hybrid vs Zerodha Nifty LargeMidcap250 Plus 8-13 yr G-Sec 70:30 Index: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | ICICI Prudential Balanced Hybrid Fund | Zerodha Nifty LargeMidcap250 Plus 8-13 yr G-Sec 70:30 Index Fund |
|---|---|---|
| Total expense ratio (Direct) | 1.15% | 0.79% |
| Base expense ratio (Direct) | 0.50% | 0.30% |
| Total expense ratio (Regular) | 2.33% | Not available |
| Base expense ratio (Regular) | 1.50% | 0.00% |
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.
ICICI Prudential Balanced Hybrid Fund vs Zerodha Nifty LargeMidcap250 Plus 8-13 yr G-Sec 70:30 Index Fund: Frequently Asked Questions
What is the difference between ICICI Prudential Balanced Hybrid Fund and Zerodha Nifty LargeMidcap250 Plus 8-13 yr G-Sec 70:30 Index Fund?
ICICI Prudential Balanced Hybrid Fund is a mutual fund, Zerodha Nifty LargeMidcap250 Plus 8-13 yr G-Sec 70:30 Index Fund is an Index fund, run by ICICI Prudential Mutual Fund and Zerodha Mutual Fund. Their portfolios overlap 20.2%. ICICI Prudential Balanced Hybrid Fund charges 1.15% a year and Zerodha Nifty LargeMidcap250 Plus 8-13 yr G-Sec 70:30 Index Fund 0.79%.
Which has the lower expense ratio, ICICI Prudential Balanced Hybrid Fund or Zerodha Nifty LargeMidcap250 Plus 8-13 yr G-Sec 70:30 Index Fund?
Zerodha Nifty LargeMidcap250 Plus 8-13 yr G-Sec 70:30 Index Fund charges less: 0.79% a year against 1.15%. These are the Direct plans' total expense ratios reported to AMFI.
How much do ICICI Prudential Balanced Hybrid Fund and Zerodha Nifty LargeMidcap250 Plus 8-13 yr G-Sec 70:30 Index Fund overlap?
20.2%. They hold 23 of the same securities, the largest shared ones being Government Securities, HDFCBANK, RELIANCE. From each fund's latest monthly portfolio.
Can I invest in both ICICI Prudential Balanced Hybrid Fund and Zerodha Nifty LargeMidcap250 Plus 8-13 yr G-Sec 70:30 Index Fund?
Yes. 20.2% of each fund's money sits in the same holdings, so some 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.