ICICI Prudential BSE Sensex ETF vs Kotak BSE Sensex Index Fund
Direct Plan where a fund has one, Growth option · Data as on 30-10-2026
ICICI Prudential BSE Sensex ETF is an ETF fund and Kotak BSE Sensex Index Fund is an Index fund. In the year to 30-10-2026, ICICI Prudential BSE Sensex ETF returned −11.0% and Kotak BSE Sensex Index Fund (Direct) returned −11.2%. ICICI Prudential BSE Sensex ETF charges 0.03% a year and Kotak BSE Sensex Index Fund 0.31%. Their portfolios overlap 99.6%: they hold 30 of the same securities.
ICICI Prudential BSE Sensex ETF
ETF
- 1 year return
- −11.0%
- Expense ratio
- 0.03%
- NAV
- ₹857.38
Kotak BSE Sensex Index Fund
Index
- 1 year return
- −11.2%
- Expense ratio
- 0.31%
- NAV
- ₹9.96
Which is better, ICICI Prudential BSE Sensex ETF or Kotak BSE Sensex Index? 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 BSE Sensex ETF returned more over 1 year: −11.0% against −11.2%.
- ICICI Prudential BSE Sensex ETF costs less: 0.03% a year against 0.31%.
- ICICI Prudential BSE Sensex ETF fell less in its worst fall since 20-02-2025: −16.1% against −16.1%.
- ICICI Prudential BSE Sensex ETF is the larger fund: ₹31,610 Cr against ₹25 Cr.
- Their portfolios overlap 99.6%: 30 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 BSE Sensex ETF | Kotak BSE Sensex Index Fund |
|---|---|---|
| Fund house | ICICI Prudential Mutual Fund | Kotak Mahindra Mutual Fund |
| Category | ETF | Index |
| AUM | ₹31,610 Cr (30-09-2026) | ₹25 Cr (30-09-2026) |
| NAV | ₹857.38 | ₹9.96 (Direct) |
| Expense ratio (Direct) | Not available | 0.31% |
| Expense ratio (Regular) | Not available | 0.48% |
| Riskometer | Not available | Very High |
| Benchmark | BSE SENSEX TRI | BSE SENSEX TRI |
| Launch date | 10-01-2003 | 17-02-2025 |
| Minimum investment | 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 | ₹100 |
| Lock in | None | None |
| Fund managers | Nishit Patel, Ajaykumar Solanki, Ashwini Bharucha, Venus Ahuja | Satish Dondapati, Abhishek Bisen, Jeetu Valechha Sonar |
| Exit load | Not available | Nil |
ICICI Prudential BSE Sensex ETF vs Kotak BSE Sensex 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 BSE Sensex ETF | +2.77% | −4.29% | −2.41% | −10.96% | +6.28% | +5.88% | +11.51% |
| Kotak BSE Sensex Index Fund (Direct) | +2.75% | −4.34% | −2.52% | −11.20% | -- | -- | -- |
ICICI Prudential BSE Sensex ETF vs Kotak BSE Sensex Index: Year-wise Returns
| Year | ICICI Prudential BSE Sensex ETFICICI Prudential BSE Sensex ETF | Kotak BSE Sensex IndexKotak BSE Sensex Index | BSE SENSEX TRI |
|---|---|---|---|
| 2026to date | −11.84% | −12.07% | −11.81% |
| 2025 | +10.34% | -- | +10.38% |
| 2024 | +9.42% | -- | +9.49% |
| 2023 | +20.34% | -- | +20.33% |
| 2022 | +5.77% | -- | +5.80% |
| 2021 | +23.11% | -- | +23.23% |
ICICI Prudential BSE Sensex ETF vs Kotak BSE Sensex Index: Rolling Returns
Every holding period of both funds, against BSE SENSEX TRI, the benchmark of both
Rolling returns
Every 1-year holding period, 169 of them, one for each trading day from 20-02-2026 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.
ICICI Prudential BSE Sensex ETF
Kotak BSE Sensex Index Fund (Direct)
BSE SENSEX TRI
to
Mar 2026Apr 2025
to
Apr 2026Jun 2025
to
Jun 2026Jul 2025
to
Jul 2026Aug 2025
to
Aug 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ICICI Prudential BSE Sensex ETF | 83.4 | 8.3 | 4.1 | 4.1 | 0.0 | 0.0 | 0.0 | −3.9% | −4.7% | −12.6% | 11.8% | 1% |
| Kotak BSE Sensex Index | 83.4 | 8.3 | 4.7 | 3.6 | 0.0 | 0.0 | 0.0 | −4.1% | −5.0% | −12.9% | 11.7% | 0% |
| BSE SENSEX TRI | 83.4 | 8.3 | 4.1 | 4.1 | 0.0 | 0.0 | 0.0 | −3.8% | −4.7% | −12.6% | 11.8% | -- |
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 SENSEX 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 20-02-2025. Past returns do not promise future returns.
ICICI Prudential BSE Sensex ETF vs Kotak BSE Sensex Index: 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 01-02-2025 to 30-10-2026: 21 instalments, ₹2,10,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| ICICI Prudential BSE Sensex ETFICICI Prudential BSE Sensex ETF | ₹2,10,000 | ₹2,00,429 | −₹9,571 | −5.0% |
| Kotak BSE Sensex IndexKotak BSE Sensex Index Fund (Direct) | ₹2,10,000 | ₹2,00,108 | −₹9,892 | −5.2% |
ICICI Prudential BSE Sensex ETFICICI Prudential BSE Sensex ETF
Kotak BSE Sensex IndexKotak BSE Sensex Index Fund (Direct)
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.
ICICI Prudential BSE Sensex ETF vs Kotak BSE Sensex Index: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | ICICI Prudential BSE Sensex ETF | Kotak BSE Sensex Index Fund (Direct) |
|---|---|---|
| Return (CAGR) | −10.96% | −11.20% |
| Standard deviation | 13.99% | 13.82% |
| Sharpe ratio | -1.16 | -1.19 |
| Sortino ratio | -1.55 | -1.59 |
| Maximum drawdown | −16.1% (31-03-2026) | −16.1% (30-03-2026) |
| Beta | 1.00 | 1.00 |
| Alpha | −0.05% | −0.31% |
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 | ICICI Prudential BSE Sensex ETF | Kotak BSE Sensex Index Fund (Direct) |
|---|---|---|
| Return (CAGR) | +9.14% | −0.03% |
| Standard deviation | 16.22% | 13.17% |
| Sharpe ratio | 0.18 | -0.42 |
| Sortino ratio | 0.24 | -0.58 |
| Maximum drawdown | −37.8% (23-03-2020) | −16.1% (30-03-2026) |
| Beta | 0.99 | 1.00 |
| Alpha | −0.74% | −0.21% |
From daily NAVs, 03-01-2011 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 BSE Sensex ETF
Kotak BSE Sensex Index Fund (Direct)
BSE SENSEX TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| ICICI Prudential BSE Sensex ETF | −16.1% | 02-01-2026 | 31-03-2026 | Not yet | -- | −12.4% |
| Kotak BSE Sensex Index Fund (Direct) | −16.1% | 02-01-2026 | 30-03-2026 | Not yet | -- | −12.6% |
| BSE SENSEX TRI | −16.1% | 02-01-2026 | 30-03-2026 | Not yet | -- | −12.4% |
From daily values since 20-02-2025, 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.
ICICI Prudential BSE Sensex ETF
Kotak BSE Sensex Index Fund (Direct)
BSE SENSEX TRI
Against BSE SENSEX TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| ICICI Prudential BSE Sensex ETF | 100% | 100% | 0.02% |
| Kotak BSE Sensex Index Fund (Direct) | 100% | 101% | 0.21% |
From month-end values since 20-02-2025. 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.
ICICI Prudential BSE Sensex ETF vs Kotak BSE Sensex Index: Portfolio Overlap
From each fund's latest monthly portfolio: ICICI Prudential BSE Sensex ETF, September 2026; Kotak BSE Sensex Index Fund, September 2026
Holdings in common
- Overlap
- 99.6%
- Held by both
- 30
- Only in ICICI Prudential BSE Sensex ETF
- 0
- Only in Kotak BSE Sensex Index
- 0
| Security | % of ICICI Prudential BSE Sensex ETF | % of Kotak BSE Sensex Index |
|---|---|---|
| HDFC Bank Ltd. | 12.59% | 12.53% |
| ICICI Bank Ltd. | 11.03% | 11.07% |
| Reliance Industries Ltd. | 9.15% | 9.24% |
| Bharti Airtel Ltd. | 6.38% | 6.34% |
| Larsen & Toubro Ltd. | 5.11% | 5.11% |
| State Bank Of India | 4.64% | 4.61% |
| Axis Bank Ltd. | 4.08% | 4.07% |
| Infosys Ltd. | 4.08% | 4.06% |
| Kotak Mahindra Bank Ltd. | 3.57% | 3.53% |
| Mahindra & Mahindra Ltd. | 3.07% | 3.10% |
| Bajaj Finance Ltd. | 2.99% | 3.02% |
| ITC Ltd. | 2.96% | 2.95% |
| Eternal Ltd. | 2.69% | 2.71% |
| Tata Consultancy Services Ltd. | 2.41% | 2.45% |
| Sun Pharmaceutical Industries Ltd. | 2.28% | 2.25% |
| Titan Company Ltd. | 2.18% | 2.23% |
| Hindustan Unilever Ltd. | 1.95% | 1.98% |
| Maruti Suzuki India Ltd. | 1.79% | 1.81% |
| NTPC Ltd. | 1.78% | 1.76% |
| Tata Steel Ltd. | 1.77% | 1.74% |
| Bharat Electronics Ltd. | 1.62% | 1.61% |
| Adani Ports and Special Economic Zone Ltd. | 1.63% | 1.55% |
| HCL Technologies Ltd. | 1.51% | 1.54% |
| Ultratech Cement Ltd. | 1.50% | 1.52% |
| Power Grid Corporation Of India Ltd. | 1.38% | 1.38% |
| Interglobe Aviation Ltd. | 1.30% | 1.29% |
| Asian Paints Ltd. | 1.26% | 1.26% |
| Tech Mahindra Ltd. | 1.14% | 1.15% |
| Bajaj Finserv Ltd. | 1.13% | 1.13% |
| Trent Ltd. | 1.01% | 1.00% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 99.6% means 99.6% 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 Sensex ETF
Every holding of this fund is also held by the other.
Largest holdings only in Kotak BSE Sensex Index Fund
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 | ICICI Prudential BSE Sensex ETF | Kotak BSE Sensex Index |
|---|---|---|
| Equity | 100.0% | 100.0% |
| Debt | 0.0% | 0.0% |
| Cash and others | 0.0% | 0.0% |
Market cap of stocks
| Market cap | ICICI Prudential BSE Sensex ETF | Kotak BSE Sensex Index |
|---|---|---|
| Large Cap | 100.0% | 100.0% |
| Mid Cap | 0.0% | 0.0% |
| 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 | ICICI Prudential BSE Sensex ETF | Kotak BSE Sensex Index |
|---|---|---|
| Banks | 35.9% | 35.8% |
| Petroleum Products | 9.2% | 9.2% |
| IT - Software | 0.0% | 9.2% |
| It - Software | 9.2% | 0.0% |
| Telecom - Services | 6.4% | 6.3% |
| Construction | 5.1% | 5.1% |
| Diversified FMCG | 0.0% | 4.9% |
| Diversified Fmcg | 4.9% | 0.0% |
The six largest sectors of each fund's stocks, % of the fund.
ICICI Prudential BSE Sensex ETF vs Kotak BSE Sensex Index: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | ICICI Prudential BSE Sensex ETF | Kotak BSE Sensex Index Fund |
|---|---|---|
| Total expense ratio (Direct) | Not available | 0.31% |
| Base expense ratio (Direct) | 0.00% | 0.12% |
| Total expense ratio (Regular) | Not available | 0.48% |
| Base expense ratio (Regular) | 0.02% | 0.27% |
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 Sensex ETF vs Kotak BSE Sensex Index Fund: Frequently Asked Questions
What is the difference between ICICI Prudential BSE Sensex ETF and Kotak BSE Sensex Index Fund?
ICICI Prudential BSE Sensex ETF is an ETF fund, Kotak BSE Sensex Index Fund is an Index fund, run by ICICI Prudential Mutual Fund and Kotak Mahindra Mutual Fund. Their portfolios overlap 99.6%. ICICI Prudential BSE Sensex ETF charges 0.03% a year and Kotak BSE Sensex Index Fund 0.31%.
Which has given higher returns, ICICI Prudential BSE Sensex ETF or Kotak BSE Sensex Index Fund?
Over 1 year: ICICI Prudential BSE Sensex ETF −10.96%, Kotak BSE Sensex Index Fund −11.20%. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, ICICI Prudential BSE Sensex ETF or Kotak BSE Sensex Index Fund?
ICICI Prudential BSE Sensex ETF charges less: 0.03% a year against 0.31%. These are the total expense ratios reported to AMFI.
How much do ICICI Prudential BSE Sensex ETF and Kotak BSE Sensex Index Fund overlap?
99.6%. They hold 30 of the same securities, the largest shared ones being HDFCBANK, ICICIBANK, RELIANCE. From each fund's latest monthly portfolio.
Can I invest in both ICICI Prudential BSE Sensex ETF and Kotak BSE Sensex Index Fund?
Yes. 99.6% 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 Sensex ETF and Kotak BSE Sensex Index Fund?
ICICI Prudential BSE Sensex ETF: Nishit Patel, Ajaykumar Solanki, Ashwini Bharucha, Venus Ahuja. Kotak BSE Sensex Index Fund: Satish Dondapati, Abhishek Bisen, Jeetu Valechha Sonar.
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.