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    ICICI Prudential BSE 500 ETF vs Motilal Oswal Nifty 500 ETF

    Direct Plan where a fund has one, Growth option · Data as on 30-10-2026

    ICICI Prudential BSE 500 ETF is an ETF fund and Motilal Oswal Nifty 500 ETF is an ETF fund. In the 3 years to 30-10-2026, ICICI Prudential BSE 500 ETF returned 9.5% a year and Motilal Oswal Nifty 500 ETF returned 10.0% a year. ICICI Prudential BSE 500 ETF charges 0.33% a year and Motilal Oswal Nifty 500 ETF 0.39%. Their portfolios overlap 96.6%: they hold 459 of the same securities.

    ICICI Prudential BSE 500 ETF

    ETF

    3 year return
    9.5%
    Expense ratio
    0.33%
    NAV
    ₹37.06
    See ICICI Prudential BSE 500 ETF

    Motilal Oswal Nifty 500 ETF

    ETF

    3 year return
    10.0%
    Expense ratio
    0.39%
    NAV
    ₹22.42
    See Motilal Oswal Nifty 500 ETF

    Which is better, ICICI Prudential BSE 500 ETF or Motilal Oswal Nifty 500 ETF? Key differences

    It depends on what you want from the fund. These are the differences in numbers, from the data on this page.

    • Motilal Oswal Nifty 500 ETF returned more over 3 years: 10.0% a year against 9.5%.
    • Motilal Oswal Nifty 500 ETF returned more over 1 year: −7.5% against −7.9%.
    • ICICI Prudential BSE 500 ETF costs less: 0.33% a year against 0.39%.
    • ICICI Prudential BSE 500 ETF swung less over 3 years: a standard deviation of 14.2% a year against 14.3%.
    • Motilal Oswal Nifty 500 ETF fell less in its worst fall since 06-10-2023: −18.6% against −18.8%.
    • ICICI Prudential BSE 500 ETF is the larger fund: ₹347 Cr against ₹299 Cr.
    • Their portfolios overlap 96.6%: 459 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

    FactICICI Prudential BSE 500 ETFMotilal Oswal Nifty 500 ETF
    Fund houseICICI Prudential Mutual FundMotilal Oswal Mutual Fund
    CategoryETFETF
    AUM₹347 Cr (30-09-2026)₹299 Cr (30-09-2026)
    NAV₹37.06₹22.42
    Expense ratio (Direct)Not availableNot available
    Expense ratio (Regular)Not availableNot available
    RiskometerNot availableVery High
    BenchmarkBSE 500 TRINifty 500 TRI
    Launch date09-05-201829-09-2023
    Minimum investmentDuring 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 mulOn the Exchange: As the Scheme would be listed on the exchange, the investor can buy units on an ongoing basis on NSE at the traded prices which may be close to the actual NAV of the Scheme. The units are purchased in round lots of 1 unit. Directly with t
    Lock inNoneNone
    Fund managersNishit Patel, Ajaykumar Solanki, Ashwini ShindeSwapnil Mayekar, Rakesh Shetty
    Exit loadThere will be no exit load for units sold through the secondary market on the stock exchanges where the Scheme will be listed. Currently, the Scheme is proposed to be listed on BSE and NSE. Investors shall note that the brokerage on sales of the units of the scheme on the stock exchanges shall be borne by the investors.Nil

    ICICI Prudential BSE 500 ETF vs Motilal Oswal Nifty 500 ETF: Returns Comparison

    Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.

    Fund1M3M6M1Y3Y5Y10Y
    ICICI Prudential BSE 500 ETF−0.90%−6.15%−3.10%−7.94%+9.53%+8.30%--
    Motilal Oswal Nifty 500 ETF−0.76%−6.10%−2.94%−7.51%+9.98%----

    ICICI Prudential BSE 500 ETF vs Motilal Oswal Nifty 500 ETF: Year-wise Returns

    YearICICI Prudential BSEICICI Prudential BSE 500 ETFMotilal Oswal NiftyMotilal Oswal Nifty 500 ETF
    2026to date−8.04%−7.67%
    2025+7.27%+7.60%
    2024+15.40%+15.93%
    2023+26.14%--
    2022+4.44%--
    2021+31.29%--

    ICICI Prudential BSE 500 ETF vs Motilal Oswal Nifty 500 ETF: Rolling Returns

    Every holding period of both funds, against BSE 500 TRI, the benchmark of ICICI Prudential BSE 500 ETF

    Rolling returns

    Every 1-year holding period, 511 of them, one for each trading day from 07-10-2024 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.

    −10%0%10%20%30%40%
    Dec 2023
    to
    Dec 2024
    Apr 2024
    to
    Apr 2025
    Aug 2024
    to
    Aug 2025
    Dec 2024
    to
    Dec 2025
    May 2025
    to
    May 2026
    Aug 2025
    to
    Aug 2026
    ICICI Prudential BSE 500 ETFMotilal Oswal Nifty 500 ETFBSE 500 TRI

    How the periods spread

    FundBelow 0%0-5%5-10%10-15%15-20%20-25%Above 25%MeanMedianLowestHighestBeat benchmark
    ICICI Prudential BSE 500 ETF26.028.227.25.93.11.87.86.2%4.3%−9.5%38.2%0%
    Motilal Oswal Nifty 500 ETF22.928.228.87.23.10.89.06.7%4.9%−9.1%38.7%87%
    BSE 500 TRI23.927.828.66.83.10.89.06.6%4.7%−9.2%38.7%--

    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 BSE 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 06-10-2023. Past returns do not promise future returns.

    ICICI Prudential BSE 500 ETF vs Motilal Oswal Nifty 500 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

    Step up each year
    PeriodFor

    ₹10,000 on the first trading day of every month, from 03-10-2023 to 30-10-2026: 37 instalments, ₹3,70,000 in all.

    InvestmentInvestedValue nowGainReturn a year
    ICICI Prudential BSE 500 ETFICICI Prudential BSE 500 ETF ₹3,70,000 ₹3,74,394 ₹4,394 0.7%
    Motilal Oswal Nifty 500 ETFMotilal Oswal Nifty 500 ETF ₹3,70,000 ₹3,76,921 ₹6,921 1.2%
    ₹0₹1.0 L₹2.0 L₹3.0 L₹4.0 L
    202420252026
    ICICI Prudential BSE 500 ETFICICI Prudential BSE 500 ETFMotilal Oswal Nifty 500 ETFMotilal Oswal Nifty 500 ETFAmount 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.

    ICICI Prudential BSE 500 ETF vs Motilal Oswal Nifty 500 ETF: Risk and Drawdowns

    How much each fund swings, and the worst fall over the same days

    Risk and return

    MeasureICICI Prudential BSE 500 ETFMotilal Oswal Nifty 500 ETF
    Return (CAGR)+9.53%+9.98%
    Standard deviation14.18%14.28%
    Sharpe ratio0.250.28
    Sortino ratio0.330.37
    Maximum drawdown−18.8% (28-02-2025)−18.6% (28-02-2025)
    Beta1.001.00
    Alpha−0.36%−0.23%

    From daily NAVs, 30-10-2023 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.

    −20%−15%−10%−5%0%
    202420252026
    ICICI Prudential BSE 500 ETFMotilal Oswal Nifty 500 ETFBSE 500 TRI
    FundWorst fallHigh before itBottomBack at the highTime to climb backBelow its high today
    ICICI Prudential BSE 500 ETF−18.8%26-09-202428-02-2025Not yet--−10.0%
    Motilal Oswal Nifty 500 ETF−18.6%26-09-202428-02-2025Not yet--−9.2%
    BSE 500 TRI−18.7%26-09-202428-02-2025Not yet--−9.4%

    From daily values since 06-10-2023, 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 3-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.

    0%5%10%15%
    ICICI Prudential BSE 500 ETFMotilal Oswal Nifty 500 ETFBSE 500 TRI

    Against BSE 500 TRI

    FundUp captureDown captureTracking error
    ICICI Prudential BSE 500 ETF99%101%0.03%
    Motilal Oswal Nifty 500 ETF100%100%0.34%

    From month-end values since 06-10-2023. 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.

    ICICI Prudential BSE 500 ETF vs Motilal Oswal Nifty 500 ETF: Portfolio Overlap

    From each fund's latest monthly portfolio: ICICI Prudential BSE 500 ETF, September 2026; Motilal Oswal Nifty 500 ETF, September 2026

    Holdings in common

    Overlap
    96.6%
    Held by both
    459
    Only in ICICI Prudential BSE 500 ETF
    42
    Only in Motilal Oswal Nifty 500 ETF
    38
    Security% of ICICI Prudential BSE 500 ETF% of Motilal Oswal Nifty 500 ETF
    HDFC Bank Ltd.5.73%5.66%
    ICICI Bank Ltd.5.02%4.93%
    Reliance Industries Ltd.4.17%4.13%
    Bharti Airtel Ltd.2.90%2.78%
    Larsen & Toubro Ltd.2.32%2.29%
    State Bank Of India2.11%2.06%
    Axis Bank Ltd.1.86%1.84%
    Infosys Ltd.1.86%1.83%
    Kotak Mahindra Bank Ltd.1.63%1.60%
    Mahindra & Mahindra Ltd.1.40%1.37%

    Overlap: for each holding both funds own, the smaller of its two weights, added up. 96.6% means 96.6% 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 BSE 500 ETF

    Security% of fund
    National Securities Depository Ltd.0.05%
    Gujarat Gas Ltd.0.05%
    Grindwell Norton Ltd.0.05%
    3M India Ltd.0.05%
    Jubilant Pharmova Sciences Ltd0.04%

    Largest holdings only in Motilal Oswal Nifty 500 ETF

    Security% of fund
    BSE Limited0.66%
    Vedanta Limited0.24%
    Karur Vysya Bank Limited0.16%
    Sundaram Finance Limited0.16%
    Sterlite Technologies Limited0.14%

    Asset and sector split

    Share of each fund, from its latest monthly portfolio

    Asset allocation

    AssetICICI Prudential BSE 500 ETFMotilal Oswal Nifty 500 ETF
    Equity100.0%99.7%
    Debt0.0%0.0%
    Cash and others0.0%0.3%

    Market cap of stocks

    Market capICICI Prudential BSE 500 ETFMotilal Oswal Nifty 500 ETF
    Large Cap67.1%67.1%
    Mid Cap21.5%20.9%
    Small Cap11.3%11.6%
    Not on AMFI's list0.0%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

    SectorICICI Prudential BSE 500 ETFMotilal Oswal Nifty 500 ETF
    Banks19.5%19.3%
    Finance6.4%6.5%
    Pharmaceuticals & Biotechnology5.8%5.8%
    It - Software5.8%0.0%
    IT - Software0.0%5.7%
    Petroleum Products5.0%5.0%
    Automobiles4.9%4.9%

    The six largest sectors of each fund's stocks, % of the fund.

    ICICI Prudential BSE 500 ETF vs Motilal Oswal Nifty 500 ETF: Expense Ratio

    What each plan charges a year, from AMFI's expense ratio file

    ChargeICICI Prudential BSE 500 ETFMotilal Oswal Nifty 500 ETF
    Base expense ratio (Direct)0.00%0.00%
    Base expense ratio (Regular)0.26%0.18%

    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 BSE 500 ETF vs Motilal Oswal Nifty 500 ETF: Frequently Asked Questions

    What is the difference between ICICI Prudential BSE 500 ETF and Motilal Oswal Nifty 500 ETF?

    ICICI Prudential BSE 500 ETF is an ETF fund, Motilal Oswal Nifty 500 ETF is an ETF fund, run by ICICI Prudential Mutual Fund and Motilal Oswal Mutual Fund. Their portfolios overlap 96.6%. ICICI Prudential BSE 500 ETF charges 0.33% a year and Motilal Oswal Nifty 500 ETF 0.39%.

    Which has given higher returns, ICICI Prudential BSE 500 ETF or Motilal Oswal Nifty 500 ETF?

    Over 1 year: ICICI Prudential BSE 500 ETF −7.94%, Motilal Oswal Nifty 500 ETF −7.51%. Over 3 years: ICICI Prudential BSE 500 ETF +9.53% a year, Motilal Oswal Nifty 500 ETF +9.98% a year. As on 30-10-2026. Past returns do not promise future returns.

    Which has the lower expense ratio, ICICI Prudential BSE 500 ETF or Motilal Oswal Nifty 500 ETF?

    ICICI Prudential BSE 500 ETF charges less: 0.33% a year against 0.39%. These are the total expense ratios reported to AMFI.

    How much do ICICI Prudential BSE 500 ETF and Motilal Oswal Nifty 500 ETF overlap?

    96.6%. They hold 459 of the same securities, the largest shared ones being HDFCBANK, ICICIBANK, RELIANCE. From each fund's latest monthly portfolio.

    Which is better for SIP, ICICI Prudential BSE 500 ETF or Motilal Oswal Nifty 500 ETF?

    Over the last 3 years, a monthly SIP of ₹10,000 from 03-10-2023 to 30-10-2026 grew to ₹3,74,394 in ICICI Prudential BSE 500 ETF (XIRR 0.7% a year) and ₹3,76,921 in Motilal Oswal Nifty 500 ETF (XIRR 1.2% a year). Both received 37 instalments. Past returns do not promise future returns.

    Can I invest in both ICICI Prudential BSE 500 ETF and Motilal Oswal Nifty 500 ETF?

    Yes. 96.6% of each fund's money sits in the same holdings, so a large part of the two investments would move together.

    Who manages ICICI Prudential BSE 500 ETF and Motilal Oswal Nifty 500 ETF?

    ICICI Prudential BSE 500 ETF: Nishit Patel, Ajaykumar Solanki, Ashwini Shinde. Motilal Oswal Nifty 500 ETF: Swapnil Mayekar, Rakesh Shetty.

    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.

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