ICICI Prudential BSE Sensex ETF vs Mirae Asset Focused 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 Mirae Asset Focused Fund is a Focused fund. In the 3 years to 30-10-2026, ICICI Prudential BSE Sensex ETF returned 6.3% a year and Mirae Asset Focused Fund (Direct) returned 8.4% a year. ICICI Prudential BSE Sensex ETF charges 0.03% a year and Mirae Asset Focused Fund 0.99%. Their portfolios overlap 39.0%: they hold 8 of the same securities.
ICICI Prudential BSE Sensex ETF
ETF
- 3 year return
- 6.3%
- Expense ratio
- 0.03%
- NAV
- ₹857.38
Mirae Asset Focused Fund
Focused
- 3 year return
- 8.4%
- Expense ratio
- 0.99%
- NAV
- ₹26.84
Which is better, ICICI Prudential BSE Sensex ETF or Mirae Asset Focused? 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 5 years: 5.9% a year against 5.2%.
- Mirae Asset Focused returned more over 3 years: 8.4% a year against 6.3%.
- ICICI Prudential BSE Sensex ETF costs less: 0.03% a year against 0.99%.
- ICICI Prudential BSE Sensex ETF swung less over 3 years: a standard deviation of 13.3% a year against 13.4%.
- ICICI Prudential BSE Sensex ETF fell less in its worst fall since 15-05-2019: −37.8% against −38.2%.
- ICICI Prudential BSE Sensex ETF holds more in large companies: 100.0% of the fund in large caps against 45.2%.
- ICICI Prudential BSE Sensex ETF is the larger fund: ₹31,610 Cr against ₹6,350 Cr.
- Their portfolios overlap 39.0%: 8 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 | Mirae Asset Focused Fund |
|---|---|---|
| Fund house | ICICI Prudential Mutual Fund | Mirae Asset Mutual Fund |
| Category | ETF | Focused |
| AUM | ₹31,610 Cr (30-09-2026) | ₹6,350 Cr (30-09-2026) |
| NAV | ₹857.38 | ₹26.84 (Direct) |
| Expense ratio (Direct) | Not available | 0.99% |
| Expense ratio (Regular) | Not available | 2.16% |
| Riskometer | Not available | Very High |
| Benchmark | BSE SENSEX TRI | Nifty 500 TRI |
| Launch date | 10-01-2003 | 14-05-2019 |
| 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 | ₹5,000 |
| Lock in | None | None |
| Fund managers | Nishit Patel, Ajaykumar Solanki, Ashwini Bharucha, Venus Ahuja | Gaurav Misra, Varun Goel |
| Exit load | Not available | Exit load of 1% if redeemed within 1 year. |
ICICI Prudential BSE Sensex ETF vs Mirae Asset Focused: 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% |
| Mirae Asset Focused Fund (Direct) | −0.08% | −0.82% | +5.52% | −6.96% | +8.36% | +5.21% | -- |
| Focused average | −1.00% | −4.12% | +1.39% | −3.09% | +12.30% | +10.21% | -- |
Category average: the average of the 28 Focused funds, same plan type.
ICICI Prudential BSE Sensex ETF vs Mirae Asset Focused: Year-wise Returns
| Year | ICICI Prudential BSE Sensex ETFICICI Prudential BSE Sensex ETF | Mirae Asset FocusedMirae Asset Focused |
|---|---|---|
| 2026to date | −11.84% | −5.67% |
| 2025 | +10.34% | +3.66% |
| 2024 | +9.42% | +17.60% |
| 2023 | +20.34% | +18.58% |
| 2022 | +5.77% | −5.62% |
| 2021 | +23.11% | +41.62% |
ICICI Prudential BSE Sensex ETF vs Mirae Asset Focused: Rolling Returns
Every holding period of both funds, against BSE SENSEX TRI, the benchmark of ICICI Prudential BSE Sensex ETF
Rolling returns
Every 3-year holding period, 1,103 of them, one for each trading day from 16-05-2022 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
Mirae Asset Focused Fund (Direct)
BSE SENSEX TRI
to
Sept 2022Jun 2020
to
Jun 2023Mar 2021
to
Mar 2024Dec 2021
to
Dec 2024Oct 2022
to
Oct 2025Jun 2023
to
Jun 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 | 0.0 | 1.6 | 12.3 | 44.2 | 29.4 | 8.4 | 4.1 | 14.5% | 14.3% | 3.9% | 32.0% | 1% |
| Mirae Asset Focused | 0.0 | 0.0 | 23.8 | 35.9 | 19.0 | 15.2 | 6.0 | 14.9% | 13.2% | 5.5% | 35.0% | 53% |
| BSE SENSEX TRI | 0.0 | 1.6 | 12.1 | 43.4 | 30.2 | 8.3 | 4.3 | 14.6% | 14.4% | 3.9% | 32.1% | -- |
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 15-05-2019. Past returns do not promise future returns.
ICICI Prudential BSE Sensex ETF vs Mirae Asset Focused: 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 02-05-2019 to 30-10-2026: 90 instalments, ₹9,00,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| ICICI Prudential BSE Sensex ETFICICI Prudential BSE Sensex ETF | ₹9,00,000 | ₹12,47,516 | ₹3,47,516 | 8.6% |
| Mirae Asset FocusedMirae Asset Focused Fund (Direct) | ₹9,00,000 | ₹13,41,036 | ₹4,41,036 | 10.4% |
ICICI Prudential BSE Sensex ETFICICI Prudential BSE Sensex ETF
Mirae Asset FocusedMirae Asset Focused 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 Mirae Asset Focused: 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 | Mirae Asset Focused Fund (Direct) |
|---|---|---|
| Return (CAGR) | −10.96% | −6.96% |
| Standard deviation | 13.99% | 14.10% |
| Sharpe ratio | -1.16 | -0.87 |
| Sortino ratio | -1.55 | -1.16 |
| Maximum drawdown | −16.1% (31-03-2026) | −20.7% (30-03-2026) |
| Beta | 1.00 | 0.93 |
| Alpha | −0.05% | −0.55% |
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 | Mirae Asset Focused Fund (Direct) |
|---|---|---|
| Return (CAGR) | +6.28% | +8.36% |
| Standard deviation | 13.26% | 13.36% |
| Sharpe ratio | 0.02 | 0.18 |
| Sortino ratio | 0.03 | 0.24 |
| Maximum drawdown | −16.1% (31-03-2026) | −21.0% (30-03-2026) |
| Beta | 1.00 | 0.87 |
| Alpha | −0.04% | −1.32% |
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.
| Measure | ICICI Prudential BSE Sensex ETF | Mirae Asset Focused Fund (Direct) |
|---|---|---|
| Return (CAGR) | +5.88% | +5.21% |
| Standard deviation | 13.77% | 13.69% |
| Sharpe ratio | 0.01 | -0.04 |
| Sortino ratio | 0.01 | -0.06 |
| Maximum drawdown | −16.1% (31-03-2026) | −21.0% (30-03-2026) |
| Beta | 1.00 | 0.90 |
| Alpha | −0.03% | −3.31% |
From daily NAVs, 29-10-2021 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 | Mirae Asset Focused Fund (Direct) |
|---|---|---|
| Return (CAGR) | +9.14% | +14.20% |
| Standard deviation | 16.22% | 16.78% |
| Sharpe ratio | 0.18 | 0.54 |
| Sortino ratio | 0.24 | 0.72 |
| Maximum drawdown | −37.8% (23-03-2020) | −38.2% (23-03-2020) |
| Beta | 0.99 | 0.94 |
| Alpha | −0.74% | +1.14% |
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
Mirae Asset Focused 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 | −37.8% | 14-01-2020 | 23-03-2020 | 06-11-2020 | 7 months | −12.4% |
| Mirae Asset Focused Fund (Direct) | −38.2% | 24-01-2020 | 23-03-2020 | 26-08-2020 | 5 months | −7.3% |
| BSE SENSEX TRI | −37.9% | 14-01-2020 | 23-03-2020 | 06-11-2020 | 7 months | −12.4% |
From daily values since 15-05-2019, 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
Mirae Asset Focused Fund (Direct)
BSE SENSEX TRI
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.
ICICI Prudential BSE Sensex ETF
Mirae Asset Focused Fund (Direct)
BSE SENSEX TRI
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 5-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
ICICI Prudential BSE Sensex ETF
Mirae Asset Focused Fund (Direct)
BSE SENSEX TRI
Against BSE SENSEX TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| ICICI Prudential BSE Sensex ETF | 100% | 100% | 0.07% |
| Mirae Asset Focused Fund (Direct) | 101% | 85% | 6.60% |
From month-end values since 15-05-2019. 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 Mirae Asset Focused: Portfolio Overlap
From each fund's latest monthly portfolio: ICICI Prudential BSE Sensex ETF, September 2026; Mirae Asset Focused Fund, September 2026
Holdings in common
- Overlap
- 39.0%
- Held by both
- 8
- Only in ICICI Prudential BSE Sensex ETF
- 22
- Only in Mirae Asset Focused
- 23
| Security | % of ICICI Prudential BSE Sensex ETF | % of Mirae Asset Focused |
|---|---|---|
| HDFC Bank Ltd. | 12.59% | 8.63% |
| ICICI Bank Ltd. | 11.03% | 8.28% |
| Bharti Airtel Ltd. | 6.38% | 5.51% |
| Reliance Industries Ltd. | 9.15% | 5.00% |
| Infosys Ltd. | 4.08% | 4.08% |
| Bajaj Finance Ltd. | 2.99% | 4.31% |
| Eternal Ltd. | 2.69% | 3.68% |
| Maruti Suzuki India Ltd. | 1.79% | 3.60% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 39.0% means 39.0% 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 ICICI Prudential BSE Sensex ETF
| Security | % of fund |
|---|---|
| Larsen & Toubro Ltd. | 5.11% |
| State Bank Of India | 4.64% |
| Axis Bank Ltd. | 4.08% |
| Kotak Mahindra Bank Ltd. | 3.57% |
| Mahindra & Mahindra Ltd. | 3.07% |
Largest holdings only in Mirae Asset Focused Fund
| Security | % of fund |
|---|---|
| One 97 Communications Ltd. | 4.80% |
| Siemens Energy India Ltd. | 3.46% |
| Ratnamani Metals & Tubes Ltd. | 3.21% |
| Kalpataru Projects International Ltd. | 3.17% |
| Sona Blw Precision Forgings Ltd. | 2.92% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | ICICI Prudential BSE Sensex ETF | Mirae Asset Focused |
|---|---|---|
| Equity | 100.0% | 89.6% |
| Debt | 0.0% | 0.0% |
| Cash and others | 0.0% | 10.4% |
Market cap of stocks
| Market cap | ICICI Prudential BSE Sensex ETF | Mirae Asset Focused |
|---|---|---|
| Large Cap | 100.0% | 45.2% |
| Mid Cap | 0.0% | 15.6% |
| Small Cap | 0.0% | 21.9% |
| Not on AMFI's list | 0.0% | 7.0% |
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 | Mirae Asset Focused |
|---|---|---|
| Banks | 35.9% | 18.9% |
| Petroleum Products | 9.2% | 5.0% |
| It - Software | 9.2% | 0.0% |
| Retailing | 3.7% | 7.4% |
| Telecom - Services | 6.4% | 5.5% |
| Industrial Products | 0.0% | 5.8% |
| Construction | 5.1% | 3.2% |
| Diversified Fmcg | 4.9% | 0.0% |
| Electrical Equipment | 0.0% | 4.9% |
The six largest sectors of each fund's stocks, % of the fund.
ICICI Prudential BSE Sensex ETF vs Mirae Asset Focused: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | ICICI Prudential BSE Sensex ETF | Mirae Asset Focused Fund |
|---|---|---|
| Total expense ratio (Direct) | Not available | 0.99% |
| Base expense ratio (Direct) | 0.00% | 0.57% |
| Total expense ratio (Regular) | Not available | 2.16% |
| Base expense ratio (Regular) | 0.02% | 1.56% |
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.
More comparisons
Each fund against the others of its category
ICICI Prudential BSE Sensex ETF vs Mirae Asset Focused Fund: Frequently Asked Questions
What is the difference between ICICI Prudential BSE Sensex ETF and Mirae Asset Focused Fund?
ICICI Prudential BSE Sensex ETF is an ETF fund, Mirae Asset Focused Fund is a Focused fund, run by ICICI Prudential Mutual Fund and Mirae Asset Mutual Fund. Their portfolios overlap 39.0%. ICICI Prudential BSE Sensex ETF charges 0.03% a year and Mirae Asset Focused Fund 0.99%.
Which has given higher returns, ICICI Prudential BSE Sensex ETF or Mirae Asset Focused Fund?
Over 1 year: ICICI Prudential BSE Sensex ETF −10.96%, Mirae Asset Focused Fund −6.96%. Over 3 years: ICICI Prudential BSE Sensex ETF +6.28% a year, Mirae Asset Focused Fund +8.36% a year. Over 5 years: ICICI Prudential BSE Sensex ETF +5.88% a year, Mirae Asset Focused Fund +5.21% a year. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, ICICI Prudential BSE Sensex ETF or Mirae Asset Focused Fund?
ICICI Prudential BSE Sensex ETF charges less: 0.03% a year against 0.99%. These are the total expense ratios reported to AMFI.
How much do ICICI Prudential BSE Sensex ETF and Mirae Asset Focused Fund overlap?
39.0%. They hold 8 of the same securities, the largest shared ones being HDFCBANK, ICICIBANK, BHARTIARTL. From each fund's latest monthly portfolio.
Which is better for SIP, ICICI Prudential BSE Sensex ETF or Mirae Asset Focused Fund?
Over the last 5 years, a monthly SIP of ₹10,000 from 01-10-2021 to 30-10-2026 grew to ₹6,79,357 in ICICI Prudential BSE Sensex ETF (XIRR 4.2% a year) and ₹7,08,138 in Mirae Asset Focused Fund (XIRR 5.8% a year). Both received 61 instalments. Past returns do not promise future returns.
Can I invest in both ICICI Prudential BSE Sensex ETF and Mirae Asset Focused Fund?
Yes. 39.0% of each fund's money sits in the same holdings, so some of the two investments would move together.
Who manages ICICI Prudential BSE Sensex ETF and Mirae Asset Focused Fund?
ICICI Prudential BSE Sensex ETF: Nishit Patel, Ajaykumar Solanki, Ashwini Bharucha, Venus Ahuja. Mirae Asset Focused Fund: Gaurav Misra, Varun Goel.
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.