ICICI Prudential BSE Sensex Index Fund vs Mirae Asset BSE Sensex ETF
Direct Plan where a fund has one, Growth option · Data as on 30-10-2026
ICICI Prudential BSE Sensex Index Fund is an Index fund and Mirae Asset BSE Sensex ETF is an ETF fund. In the 3 years to 30-10-2026, ICICI Prudential BSE Sensex Index Fund (Direct) returned 6.1% a year and Mirae Asset BSE Sensex ETF returned 6.2% a year. ICICI Prudential BSE Sensex Index Fund charges 0.22% a year and Mirae Asset BSE Sensex ETF 0.12%. Their portfolios overlap 100.0%: they hold 30 of the same securities.
ICICI Prudential BSE Sensex Index Fund
Index
- 3 year return
- 6.1%
- Expense ratio
- 0.22%
- NAV
- ₹24.89
Mirae Asset BSE Sensex ETF
ETF
- 3 year return
- 6.2%
- Expense ratio
- 0.12%
- NAV
- ₹76.94
Which is better, ICICI Prudential BSE Sensex Index or Mirae Asset BSE Sensex ETF? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Mirae Asset BSE Sensex ETF returned more over 3 years: 6.2% a year against 6.1%.
- Mirae Asset BSE Sensex ETF returned more over 1 year: −11.0% against −11.1%.
- Mirae Asset BSE Sensex ETF costs less: 0.12% a year against 0.22%.
- ICICI Prudential BSE Sensex Index swung less over 3 years: a standard deviation of 13.2% a year against 13.3%.
- Mirae Asset BSE Sensex ETF fell less in its worst fall since 03-10-2023: −16.1% against −16.1%.
- ICICI Prudential BSE Sensex Index is the larger fund: ₹1,740 Cr against ₹42 Cr.
- Their portfolios overlap 100.0%: 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 Index Fund | Mirae Asset BSE Sensex ETF |
|---|---|---|
| Fund house | ICICI Prudential Mutual Fund | Mirae Asset Mutual Fund |
| Category | Index | ETF |
| AUM | ₹1,740 Cr (30-09-2026) | ₹42 Cr (30-09-2026) |
| NAV | ₹24.89 (Direct) | ₹76.94 |
| Expense ratio (Direct) | 0.22% | Not available |
| Expense ratio (Regular) | 0.33% | Not available |
| Riskometer | Not available | Very High |
| Benchmark | BSE SENSEX TRI | BSE SENSEX TRI |
| Launch date | 21-09-2017 | 29-09-2023 |
| Minimum investment | ₹100 | On exchange in multiple of 1 unit. With AMC: In multiples of 1,00,000 Units |
| Lock in | None | None |
| Fund managers | Nishit Patel, Ajaykumar Solanki, Ashwini Bharucha, Venus Ahuja | Ekta Gala, amp, Ritesh Patel |
| Exit load | NIL | NIL |
ICICI Prudential BSE Sensex Index vs Mirae Asset BSE Sensex 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 |
|---|---|---|---|---|---|---|---|
| ICICI Prudential BSE Sensex Index Fund (Direct) | +2.75% | −4.34% | −2.50% | −11.13% | +6.06% | +5.63% | -- |
| Mirae Asset BSE Sensex ETF | +2.77% | −4.29% | −2.43% | −10.98% | +6.23% | -- | -- |
ICICI Prudential BSE Sensex Index vs Mirae Asset BSE Sensex ETF: Year-wise Returns
| Year | ICICI Prudential BSE Sensex IndexICICI Prudential BSE Sensex Index | Mirae Asset BSE Sensex ETFMirae Asset BSE Sensex ETF | BSE SENSEX TRI |
|---|---|---|---|
| 2026to date | −11.99% | −11.86% | −11.81% |
| 2025 | +10.11% | +10.30% | +10.38% |
| 2024 | +9.21% | +9.36% | +9.49% |
| 2023 | +19.95% | -- | +20.33% |
| 2022 | +5.53% | -- | +5.80% |
| 2021 | +22.66% | -- | +23.23% |
ICICI Prudential BSE Sensex Index vs Mirae Asset BSE Sensex ETF: Rolling Returns
Every holding period of both funds, against BSE SENSEX TRI, the benchmark of both
Rolling returns
Every 1-year holding period, 511 of them, one for each trading day from 03-10-2024 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.
ICICI Prudential BSE Sensex Index Fund (Direct)
Mirae Asset BSE Sensex ETF
BSE SENSEX TRI
to
Dec 2024Apr 2024
to
Apr 2025Aug 2024
to
Aug 2025Dec 2024
to
Dec 2025May 2025
to
May 2026Aug 2025
to
Aug 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 Index | 32.1 | 17.8 | 29.5 | 10.8 | 2.3 | 5.3 | 2.2 | 4.4% | 5.0% | −12.8% | 27.2% | 0% |
| Mirae Asset BSE Sensex ETF | 31.8 | 17.3 | 29.2 | 11.9 | 2.3 | 4.7 | 2.7 | 4.6% | 5.2% | −12.7% | 27.4% | 1% |
| BSE SENSEX TRI | 31.5 | 17.6 | 28.6 | 12.5 | 2.3 | 4.5 | 2.9 | 4.6% | 5.3% | −12.6% | 27.6% | -- |
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 03-10-2023. Past returns do not promise future returns.
ICICI Prudential BSE Sensex Index vs Mirae Asset BSE Sensex 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
₹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.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| ICICI Prudential BSE Sensex IndexICICI Prudential BSE Sensex Index Fund (Direct) | ₹3,70,000 | ₹3,62,871 | −₹7,129 | −1.2% |
| Mirae Asset BSE Sensex ETFMirae Asset BSE Sensex ETF | ₹3,70,000 | ₹3,63,913 | −₹6,087 | −1.0% |
ICICI Prudential BSE Sensex IndexICICI Prudential BSE Sensex Index Fund (Direct)
Mirae Asset BSE Sensex ETFMirae Asset BSE Sensex ETF
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 Index vs Mirae Asset BSE Sensex ETF: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | ICICI Prudential BSE Sensex Index Fund (Direct) | Mirae Asset BSE Sensex ETF |
|---|---|---|
| Return (CAGR) | −11.13% | −10.98% |
| Standard deviation | 13.82% | 13.99% |
| Sharpe ratio | -1.18 | -1.16 |
| Sortino ratio | -1.59 | -1.55 |
| Maximum drawdown | −16.1% (31-03-2026) | −16.1% (31-03-2026) |
| Beta | 1.00 | 1.00 |
| Alpha | −0.24% | −0.08% |
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 Index Fund (Direct) | Mirae Asset BSE Sensex ETF |
|---|---|---|
| Return (CAGR) | +6.06% | +6.23% |
| Standard deviation | 13.21% | 13.26% |
| Sharpe ratio | 0.00 | 0.02 |
| Sortino ratio | 0.00 | 0.02 |
| Maximum drawdown | −16.1% (31-03-2026) | −16.1% (31-03-2026) |
| Beta | 1.00 | 1.00 |
| Alpha | −0.26% | −0.09% |
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 Index Fund (Direct) | Mirae Asset BSE Sensex ETF |
|---|---|---|
| Return (CAGR) | +10.71% | +5.37% |
| Standard deviation | 16.42% | 13.21% |
| Sharpe ratio | 0.33 | -0.05 |
| Sortino ratio | 0.45 | -0.07 |
| Maximum drawdown | −37.3% (23-03-2020) | −16.1% (31-03-2026) |
| Beta | 0.99 | 1.00 |
| Alpha | −0.26% | −0.09% |
From daily NAVs, 22-09-2017 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 Index Fund (Direct)
Mirae Asset BSE Sensex ETF
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 Index Fund (Direct) | −16.1% | 02-01-2026 | 31-03-2026 | Not yet | -- | −12.5% |
| Mirae Asset BSE Sensex ETF | −16.1% | 02-01-2026 | 31-03-2026 | Not yet | -- | −12.4% |
| BSE SENSEX TRI | −16.1% | 02-01-2026 | 30-03-2026 | Not yet | -- | −12.4% |
From daily values since 03-10-2023, 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 1-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
ICICI Prudential BSE Sensex Index Fund (Direct)
Mirae Asset BSE Sensex ETF
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 Index Fund (Direct)
Mirae Asset BSE Sensex ETF
BSE SENSEX TRI
Against BSE SENSEX TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| ICICI Prudential BSE Sensex Index Fund (Direct) | 99% | 101% | 0.02% |
| Mirae Asset BSE Sensex ETF | 100% | 100% | 0.03% |
From month-end values since 03-10-2023. 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 Sensex Index vs Mirae Asset BSE Sensex ETF: Portfolio Overlap
From each fund's latest monthly portfolio: ICICI Prudential BSE Sensex Index Fund, September 2026; Mirae Asset BSE Sensex ETF, September 2026
Holdings in common
- Overlap
- 100.0%
- Held by both
- 30
- Only in ICICI Prudential BSE Sensex Index
- 0
- Only in Mirae Asset BSE Sensex ETF
- 0
| Security | % of ICICI Prudential BSE Sensex Index | % of Mirae Asset BSE Sensex ETF |
|---|---|---|
| HDFC Bank Ltd. | 12.59% | 12.59% |
| ICICI Bank Ltd. | 11.03% | 11.03% |
| Reliance Industries Ltd. | 9.15% | 9.16% |
| Bharti Airtel Ltd. | 6.38% | 6.38% |
| Larsen & Toubro Ltd. | 5.10% | 5.11% |
| State Bank Of India | 4.64% | 4.64% |
| Infosys Ltd. | 4.08% | 4.08% |
| Axis Bank Ltd. | 4.08% | 4.08% |
| Kotak Mahindra Bank Ltd. | 3.57% | 3.57% |
| Mahindra & Mahindra Ltd. | 3.07% | 3.07% |
| Bajaj Finance Ltd. | 2.99% | 2.99% |
| ITC Ltd. | 2.96% | 2.96% |
| Eternal Ltd. | 2.69% | 2.69% |
| Tata Consultancy Services Ltd. | 2.41% | 2.41% |
| Sun Pharmaceutical Industries Ltd. | 2.28% | 2.28% |
| Titan Company Ltd. | 2.18% | 2.18% |
| Hindustan Unilever Ltd. | 1.95% | 1.95% |
| Maruti Suzuki India Ltd. | 1.79% | 1.79% |
| NTPC Ltd. | 1.78% | 1.78% |
| Tata Steel Ltd. | 1.77% | 1.77% |
| Adani Ports and Special Economic Zone Ltd. | 1.63% | 1.63% |
| Bharat Electronics Ltd. | 1.62% | 1.62% |
| HCL Technologies Ltd. | 1.51% | 1.51% |
| Ultratech Cement Ltd. | 1.50% | 1.50% |
| Power Grid Corporation Of India Ltd. | 1.38% | 1.38% |
| Interglobe Aviation Ltd. | 1.30% | 1.30% |
| Asian Paints Ltd. | 1.26% | 1.26% |
| Tech Mahindra Ltd. | 1.14% | 1.14% |
| Bajaj Finserv Ltd. | 1.13% | 1.13% |
| Trent Ltd. | 1.01% | 1.01% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 100.0% means 100.0% 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 Index Fund
Every holding of this fund is also held by the other.
Largest holdings only in Mirae Asset BSE Sensex ETF
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 Index | Mirae Asset BSE Sensex ETF |
|---|---|---|
| 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 Index | Mirae Asset BSE Sensex ETF |
|---|---|---|
| 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 Index | Mirae Asset BSE Sensex ETF |
|---|---|---|
| Banks | 35.9% | 35.9% |
| Petroleum Products | 9.2% | 9.2% |
| IT - Software | 0.0% | 9.2% |
| It - Software | 9.1% | 0.0% |
| Telecom - Services | 6.4% | 6.4% |
| Construction | 5.1% | 5.1% |
| Diversified Fmcg | 4.9% | 0.0% |
| Diversified FMCG | 0.0% | 4.9% |
The six largest sectors of each fund's stocks, % of the fund.
ICICI Prudential BSE Sensex Index vs Mirae Asset BSE Sensex ETF: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | ICICI Prudential BSE Sensex Index Fund | Mirae Asset BSE Sensex ETF |
|---|---|---|
| Total expense ratio (Direct) | 0.22% | Not available |
| Base expense ratio (Direct) | 0.17% | 0.00% |
| Total expense ratio (Regular) | 0.33% | Not available |
| Base expense ratio (Regular) | 0.26% | 0.05% |
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 Index Fund vs Mirae Asset BSE Sensex ETF: Frequently Asked Questions
What is the difference between ICICI Prudential BSE Sensex Index Fund and Mirae Asset BSE Sensex ETF?
ICICI Prudential BSE Sensex Index Fund is an Index fund, Mirae Asset BSE Sensex ETF is an ETF fund, run by ICICI Prudential Mutual Fund and Mirae Asset Mutual Fund. Their portfolios overlap 100.0%. ICICI Prudential BSE Sensex Index Fund charges 0.22% a year and Mirae Asset BSE Sensex ETF 0.12%.
Which has given higher returns, ICICI Prudential BSE Sensex Index Fund or Mirae Asset BSE Sensex ETF?
Over 1 year: ICICI Prudential BSE Sensex Index Fund −11.13%, Mirae Asset BSE Sensex ETF −10.98%. Over 3 years: ICICI Prudential BSE Sensex Index Fund +6.06% a year, Mirae Asset BSE Sensex ETF +6.23% a year. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, ICICI Prudential BSE Sensex Index Fund or Mirae Asset BSE Sensex ETF?
Mirae Asset BSE Sensex ETF charges less: 0.12% a year against 0.22%. These are the total expense ratios reported to AMFI.
How much do ICICI Prudential BSE Sensex Index Fund and Mirae Asset BSE Sensex ETF overlap?
100.0%. They hold 30 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 Sensex Index Fund or Mirae Asset BSE Sensex ETF?
Over the last 3 years, a monthly SIP of ₹10,000 from 03-10-2023 to 30-10-2026 grew to ₹3,62,871 in ICICI Prudential BSE Sensex Index Fund (XIRR -1.2% a year) and ₹3,63,913 in Mirae Asset BSE Sensex ETF (XIRR -1.0% a year). Both received 37 instalments. Past returns do not promise future returns.
Can I invest in both ICICI Prudential BSE Sensex Index Fund and Mirae Asset BSE Sensex ETF?
Yes. 100.0% 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 Index Fund and Mirae Asset BSE Sensex ETF?
ICICI Prudential BSE Sensex Index Fund: Nishit Patel, Ajaykumar Solanki, Ashwini Bharucha, Venus Ahuja. Mirae Asset BSE Sensex ETF: Ekta Gala, amp, Ritesh Patel.
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.