ICICI Prudential Exports & Services Fund vs ICICI Prudential Small Cap Fund
Direct Plan, Growth option · Data as on 30-10-2026
ICICI Prudential Exports & Services Fund is a Thematic fund and ICICI Prudential Small Cap Fund is a Small Cap fund. In the 3 years to 30-10-2026, ICICI Prudential Exports & Services Fund (Direct) returned 13.8% a year and ICICI Prudential Small Cap Fund (Direct) returned 9.5% a year. ICICI Prudential Exports & Services Fund charges 1.81% a year and ICICI Prudential Small Cap Fund 1.17% (Direct plans). Their portfolios overlap 17.0%: they hold 20 of the same securities.
ICICI Prudential Exports & Services Fund
Thematic
- 3 year return
- 13.8%
- Expense ratio
- 1.81%
- NAV
- ₹177.71
ICICI Prudential Small Cap Fund
Small Cap
- 3 year return
- 9.5%
- Expense ratio
- 1.17%
- NAV
- ₹95.70
Which is better, ICICI Prudential Exports & Services or ICICI Prudential Small Cap? 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 Exports & Services returned more over 5 years: 12.7% a year against 11.9%.
- ICICI Prudential Exports & Services returned more over 3 years: 13.8% a year against 9.5%.
- ICICI Prudential Small Cap costs less: 1.17% a year against 1.81% (Direct plans).
- ICICI Prudential Exports & Services swung less over 3 years: a standard deviation of 12.3% a year against 14.3%.
- ICICI Prudential Exports & Services fell less in its worst fall since 08-01-2013: −37.5% against −45.1%.
- ICICI Prudential Exports & Services holds more in large companies: 54.8% of the fund in large caps against 2.3%.
- ICICI Prudential Small Cap is the larger fund: ₹9,791 Cr against ₹1,454 Cr.
- Their portfolios overlap 17.0%: 20 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 Exports & Services Fund | ICICI Prudential Small Cap Fund |
|---|---|---|
| Fund house | ICICI Prudential Mutual Fund | ICICI Prudential Mutual Fund |
| Category | Thematic | Small Cap |
| AUM | ₹1,454 Cr (30-09-2026) | ₹9,791 Cr (30-09-2026) |
| NAV | ₹177.71 (Direct) | ₹95.70 (Direct) |
| Expense ratio (Direct) | 1.81% | 1.17% |
| Expense ratio (Regular) | 2.32% | 2.09% |
| Riskometer | Not available | Not available |
| Benchmark | BSE 500 TRI | Nifty Smallcap 250 TRI |
| Launch date | 30-11-2005 | 18-10-2007 |
| Minimum investment | ₹5,000 | ₹5,000 |
| Lock in | None | None |
| Fund managers | Sri Sharma, Sharmila D’mello | Rajat Chandak, Aatur Shah, Sakshat Goel, Gaurav Jain, Sharmila D'silva |
| Exit load | 1% of applicable Net Asset Value - If units purchased or switched in from another scheme of the Fund are redeemed or switched out within 15 days from the date of allotment. Nil - If the units purchased or switched in from another scheme of the Fund are redeemed or switched out after 15 days from the date of allotment. | 1% of the applicable NAV - If units purchased or switched in from another scheme of the Fund are redeemed or switched out within 1 Year from the date of allotment NIL - If units purchased or switched in from another scheme of the Fund are redeemed or switched out after 1 Year from the date of allotment |
ICICI Prudential Exports & Services vs ICICI Prudential Small Cap: 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 Exports & Services Fund (Direct) | −0.92% | −3.77% | +0.34% | −3.64% | +13.82% | +12.65% | +13.50% |
| ICICI Prudential Small Cap Fund (Direct) | −7.25% | −5.31% | −0.20% | −3.99% | +9.50% | +11.91% | +15.23% |
| Thematic average | −2.09% | −4.52% | +0.86% | −1.22% | +13.76% | +11.62% | +13.76% |
| Small Cap average | −5.86% | −3.28% | +5.03% | +3.00% | +14.03% | +14.51% | +16.19% |
Category average: the average of the 235 Thematic funds and the 36 Small Cap funds, same plan type.
ICICI Prudential Exports & Services vs ICICI Prudential Small Cap: Year-wise Returns
| Year | Exports & ServicesICICI Prudential Exports & Services | Small CapICICI Prudential Small Cap |
|---|---|---|
| 2026to date | −4.27% | −1.25% |
| 2025 | +10.45% | +0.65% |
| 2024 | +23.76% | +16.89% |
| 2023 | +27.79% | +39.47% |
| 2022 | +7.66% | +7.17% |
| 2021 | +36.00% | +63.29% |
ICICI Prudential Exports & Services vs ICICI Prudential Small Cap: Rolling Returns
Every holding period of both funds, against BSE 500 TRI, the benchmark of ICICI Prudential Exports & Services Fund
Rolling returns
Every 3-year holding period, 2,662 of them, one for each trading day from 08-01-2016 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 Exports & Services Fund (Direct)
ICICI Prudential Small Cap Fund (Direct)
BSE 500 TRI
to
Nov 2016Sept 2015
to
Sept 2018Jul 2017
to
Jul 2020May 2019
to
May 2022Mar 2021
to
Mar 2024Dec 2022
to
Dec 2025
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 Exports & Services | 2.8 | 6.3 | 17.6 | 12.0 | 20.0 | 27.6 | 13.7 | 16.8% | 18.6% | −8.2% | 36.5% | 64% |
| ICICI Prudential Small Cap | 5.5 | 6.6 | 12.6 | 13.7 | 20.3 | 13.5 | 27.7 | 18.3% | 17.8% | −11.3% | 49.8% | 71% |
| BSE 500 TRI | 1.8 | 4.2 | 8.0 | 36.7 | 34.2 | 11.7 | 3.3 | 14.8% | 14.9% | −6.2% | 33.9% | -- |
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 08-01-2013. Past returns do not promise future returns.
ICICI Prudential Exports & Services vs ICICI Prudential Small Cap: 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 08-01-2013 to 30-10-2026: 166 instalments, ₹16,60,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| ICICI Prudential Exports & ServicesICICI Prudential Exports & Services Fund (Direct) | ₹16,60,000 | ₹50,90,648 | ₹34,30,648 | 15.0% |
| ICICI Prudential Small CapICICI Prudential Small Cap Fund (Direct) | ₹16,60,000 | ₹55,56,419 | ₹38,96,419 | 16.1% |
ICICI Prudential Exports & ServicesICICI Prudential Exports & Services Fund (Direct)
ICICI Prudential Small CapICICI Prudential Small Cap 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 Exports & Services vs ICICI Prudential Small Cap: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | ICICI Prudential Exports & Services Fund (Direct) | ICICI Prudential Small Cap Fund (Direct) |
|---|---|---|
| Return (CAGR) | −3.64% | −3.99% |
| Standard deviation | 13.46% | 14.88% |
| Sharpe ratio | -0.66 | -0.62 |
| Sortino ratio | -0.89 | -0.84 |
| Maximum drawdown | −13.7% (30-03-2026) | −15.6% (30-03-2026) |
| Beta | 0.91 | 0.79 |
| Alpha | +2.84% | −2.60% |
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 Exports & Services Fund (Direct) | ICICI Prudential Small Cap Fund (Direct) |
|---|---|---|
| Return (CAGR) | +13.82% | +9.50% |
| Standard deviation | 12.28% | 14.31% |
| Sharpe ratio | 0.63 | 0.24 |
| Sortino ratio | 0.88 | 0.32 |
| Maximum drawdown | −14.8% (04-03-2025) | −22.2% (28-02-2025) |
| Beta | 0.83 | 0.72 |
| Alpha | +4.58% | −1.07% |
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 Exports & Services Fund (Direct) | ICICI Prudential Small Cap Fund (Direct) |
|---|---|---|
| Return (CAGR) | +12.65% | +11.91% |
| Standard deviation | 11.81% | 14.25% |
| Sharpe ratio | 0.58 | 0.43 |
| Sortino ratio | 0.80 | 0.57 |
| Maximum drawdown | −14.8% (04-03-2025) | −22.2% (28-02-2025) |
| Beta | 0.78 | 0.73 |
| Alpha | +4.62% | +0.77% |
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 Exports & Services Fund (Direct) | ICICI Prudential Small Cap Fund (Direct) |
|---|---|---|
| Return (CAGR) | +17.43% | +15.94% |
| Standard deviation | 14.12% | 14.70% |
| Sharpe ratio | 0.81 | 0.67 |
| Sortino ratio | 1.09 | 0.90 |
| Maximum drawdown | −37.5% (23-03-2020) | −45.1% (24-03-2020) |
| Beta | 0.77 | -- |
| Alpha | +6.17% | -- |
From daily NAVs, 08-01-2013 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 Exports & Services Fund (Direct)
ICICI Prudential Small Cap Fund (Direct)
BSE 500 TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| ICICI Prudential Exports & Services Fund (Direct) | −37.5% | 24-01-2020 | 23-03-2020 | 17-11-2020 | 8 months | −6.7% |
| ICICI Prudential Small Cap Fund (Direct) | −45.1% | 24-01-2018 | 24-03-2020 | 03-12-2020 | 8 months | −8.6% |
| BSE 500 TRI | −38.1% | 17-01-2020 | 23-03-2020 | 06-11-2020 | 7 months | −9.4% |
From daily values since 08-01-2013, 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 Exports & Services Fund (Direct)
ICICI Prudential Small Cap Fund (Direct)
BSE 500 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 Exports & Services Fund (Direct)
ICICI Prudential Small Cap Fund (Direct)
BSE 500 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 Exports & Services Fund (Direct)
ICICI Prudential Small Cap Fund (Direct)
BSE 500 TRI
Against BSE 500 TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| ICICI Prudential Exports & Services Fund (Direct) | 88% | 54% | 9.79% |
| ICICI Prudential Small Cap Fund (Direct) | 106% | 90% | 9.59% |
From month-end values since 08-01-2013. 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 Exports & Services vs ICICI Prudential Small Cap: Portfolio Overlap
From each fund's latest monthly portfolio: ICICI Prudential Exports & Services Fund, September 2026; ICICI Prudential Small Cap Fund, September 2026
Holdings in common
- Overlap
- 17.0%
- Held by both
- 20
- Only in ICICI Prudential Exports & Services
- 40
- Only in ICICI Prudential Small Cap
- 98
| Security | % of ICICI Prudential Exports & Services | % of ICICI Prudential Small Cap |
|---|---|---|
| Shadowfax Technologies Ltd | 2.62% | 3.79% |
| Mahindra & Mahindra Ltd. | 1.38% | 1.52% |
| Travel Food Services Ltd | 1.29% | 2.07% |
| Angel One Ltd. | 2.71% | 1.27% |
| Carborundum Universal Ltd. | 1.21% | 1.21% |
| Canara HSBC Life Insurance Co Ltd | 1.53% | 1.20% |
| Rubicon Research Ltd | 1.35% | 0.99% |
| Prudent Corporate Advisory Services Ltd | 2.34% | 0.90% |
| Computer Age Management Services Ltd. | 1.66% | 0.85% |
| Reliance Industries Ltd. | 3.61% | 0.80% |
| Netweb Technologies India | 1.87% | 0.67% |
| Jindal Saw Ltd. | 0.66% | 0.92% |
| Kirloskar Oil Engines Ltd. | 1.17% | 0.65% |
| Rolex Rings Ltd. | 0.94% | 0.62% |
| IIFL Capital Services Ltd. | 1.59% | 0.49% |
| 360 One Wam Ltd. | 2.58% | 0.42% |
| Lohia Corp Ltd. | 0.54% | 0.32% |
| TD Power Systems Ltd. | 1.71% | 0.25% |
| Symbiotec Pharmalab Ltd. | 0.24% | 0.97% |
| Jupiter Life Line Hospitals Ltd | 0.75% | 0.20% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 17.0% means 17.0% 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 Exports & Services Fund
| Security | % of fund |
|---|---|
| ICICI Bank Ltd. | 6.73% |
| Infosys Ltd. | 5.92% |
| HDFC Bank Ltd. | 4.68% |
| Sun Pharmaceutical Industries Ltd. | 2.44% |
| State Bank Of India | 2.26% |
Largest holdings only in ICICI Prudential Small Cap Fund
| Security | % of fund |
|---|---|
| Sedemac Mechatronics Ltd | 2.82% |
| Atul Ltd. | 2.11% |
| RR Kabel Ltd. | 1.86% |
| Timken India Ltd. | 1.78% |
| LIC Housing Finance Ltd. | 1.72% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | ICICI Prudential Exports & Services | ICICI Prudential Small Cap |
|---|---|---|
| Equity | 95.1% | 96.6% |
| Debt | 0.0% | 0.0% |
| Cash and others | 4.9% | 3.3% |
Market cap of stocks
| Market cap | ICICI Prudential Exports & Services | ICICI Prudential Small Cap |
|---|---|---|
| Large Cap | 54.8% | 2.3% |
| Mid Cap | 5.7% | 1.5% |
| Small Cap | 27.8% | 85.0% |
| Not on AMFI's list | 6.7% | 7.8% |
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 Exports & Services | ICICI Prudential Small Cap |
|---|---|---|
| Banks | 17.1% | 0.8% |
| Capital Markets | 13.5% | 7.7% |
| Auto Components | 1.6% | 12.2% |
| Industrial Products | 3.5% | 10.4% |
| It - Software | 8.5% | 0.0% |
| Chemicals & Petrochemicals | 0.0% | 7.6% |
| Finance | 2.8% | 6.6% |
| Pharmaceuticals & Biotechnology | 6.4% | 5.3% |
| Insurance | 6.0% | 2.4% |
| Transport Services | 4.6% | 4.1% |
The six largest sectors of each fund's stocks, % of the fund.
ICICI Prudential Exports & Services vs ICICI Prudential Small Cap: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | ICICI Prudential Exports & Services Fund | ICICI Prudential Small Cap Fund |
|---|---|---|
| Total expense ratio (Direct) | 1.81% | 1.17% |
| Base expense ratio (Direct) | 1.38% | 0.71% |
| Total expense ratio (Regular) | 2.32% | 2.09% |
| Base expense ratio (Regular) | 1.82% | 1.51% |
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
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ICICI Prudential Exports & Services Fund vs ICICI Prudential Small Cap Fund: Frequently Asked Questions
What is the difference between ICICI Prudential Exports & Services Fund and ICICI Prudential Small Cap Fund?
ICICI Prudential Exports & Services Fund is a Thematic fund, ICICI Prudential Small Cap Fund is a Small Cap fund, run by ICICI Prudential Mutual Fund. Their portfolios overlap 17.0%. ICICI Prudential Exports & Services Fund charges 1.81% a year and ICICI Prudential Small Cap Fund 1.17%.
Which has given higher returns, ICICI Prudential Exports & Services Fund or ICICI Prudential Small Cap Fund?
Over 1 year: ICICI Prudential Exports & Services Fund −3.64%, ICICI Prudential Small Cap Fund −3.99%. Over 3 years: ICICI Prudential Exports & Services Fund +13.82% a year, ICICI Prudential Small Cap Fund +9.50% a year. Over 5 years: ICICI Prudential Exports & Services Fund +12.65% a year, ICICI Prudential Small Cap Fund +11.91% a year. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, ICICI Prudential Exports & Services Fund or ICICI Prudential Small Cap Fund?
ICICI Prudential Small Cap Fund charges less: 1.17% a year against 1.81%. These are the Direct plans' total expense ratios reported to AMFI.
How much do ICICI Prudential Exports & Services Fund and ICICI Prudential Small Cap Fund overlap?
17.0%. They hold 20 of the same securities, the largest shared ones being SHADOWFAX, M&M, TRAVELFOOD. From each fund's latest monthly portfolio.
Which is better for SIP, ICICI Prudential Exports & Services Fund or ICICI Prudential Small Cap Fund?
Over the last 5 years, a monthly SIP of ₹10,000 from 01-10-2021 to 30-10-2026 grew to ₹8,17,344 in ICICI Prudential Exports & Services Fund (XIRR 11.5% a year) and ₹7,78,457 in ICICI Prudential Small Cap Fund (XIRR 9.5% a year). Both received 61 instalments. Past returns do not promise future returns.
Can I invest in both ICICI Prudential Exports & Services Fund and ICICI Prudential Small Cap Fund?
Yes. 17.0% of each fund's money sits in the same holdings, so some of the two investments would move together.
Who manages ICICI Prudential Exports & Services Fund and ICICI Prudential Small Cap Fund?
ICICI Prudential Exports & Services Fund: Sri Sharma, Sharmila D’mello. ICICI Prudential Small Cap Fund: Rajat Chandak, Aatur Shah, Sakshat Goel, Gaurav Jain, Sharmila D'silva.
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.