ICICI Prudential FMCG Fund vs ICICI Prudential Nifty FMCG ETF
Direct Plan where a fund has one, Growth option · Data as on 30-10-2026
ICICI Prudential FMCG Fund is a Thematic fund and ICICI Prudential Nifty FMCG ETF is an ETF fund. In the 3 years to 30-10-2026, ICICI Prudential FMCG Fund (Direct) returned −4.5% a year and ICICI Prudential Nifty FMCG ETF returned −3.9% a year. ICICI Prudential FMCG Fund charges 1.68% a year and ICICI Prudential Nifty FMCG ETF 0.21%. Their portfolios overlap 78.4%: they hold 13 of the same securities.
ICICI Prudential FMCG Fund
Thematic
- 3 year return
- −4.5%
- Expense ratio
- 1.68%
- NAV
- ₹414.63
ICICI Prudential Nifty FMCG ETF
ETF
- 3 year return
- −3.9%
- Expense ratio
- 0.21%
- NAV
- ₹46.87
Which is better, ICICI Prudential FMCG or ICICI Prudential Nifty FMCG ETF? 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 Nifty FMCG ETF returned more over 5 years: 4.1% a year against 3.6%.
- ICICI Prudential Nifty FMCG ETF returned more over 3 years: −3.9% a year against −4.5%.
- ICICI Prudential Nifty FMCG ETF costs less: 0.21% a year against 1.68%.
- ICICI Prudential FMCG swung less over 3 years: a standard deviation of 12.5% a year against 14.0%.
- ICICI Prudential FMCG fell less in its worst fall since 06-08-2021: −32.9% against −34.0%.
- ICICI Prudential FMCG is the larger fund: ₹1,508 Cr against ₹757 Cr.
- Their portfolios overlap 78.4%: 13 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 FMCG Fund | ICICI Prudential Nifty FMCG ETF |
|---|---|---|
| Fund house | ICICI Prudential Mutual Fund | ICICI Prudential Mutual Fund |
| Category | Thematic | ETF |
| AUM | ₹1,508 Cr (30-09-2026) | ₹757 Cr (30-09-2026) |
| NAV | ₹414.63 (Direct) | ₹46.87 |
| Expense ratio (Direct) | 1.68% | Not available |
| Expense ratio (Regular) | 2.41% | Not available |
| Riskometer | Not available | Not available |
| Benchmark | Not available | Nifty FMCG TRI |
| Launch date | Not available | 05-08-2021 |
| Minimum investment | Not available | 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 |
| Lock in | Not available | None |
| Fund managers | Not available | Nishit Patel, Ajaykumar Solanki, Ashwini Shinde |
| Exit load | Not available | Not available |
ICICI Prudential FMCG vs ICICI Prudential Nifty FMCG 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 FMCG Fund (Direct) | −2.70% | −11.43% | −13.09% | −22.44% | −4.46% | +3.65% | +8.67% |
| ICICI Prudential Nifty FMCG ETF | −2.03% | −12.08% | −14.19% | −22.02% | −3.85% | +4.12% | -- |
| Thematic average | −2.09% | −4.52% | +0.86% | −1.22% | +13.76% | +11.62% | +13.76% |
Category average: the average of the 235 Thematic funds, same plan type.
ICICI Prudential FMCG vs ICICI Prudential Nifty FMCG ETF: Year-wise Returns
| Year | FMCGICICI Prudential FMCG | Nifty FMCG ETFICICI Prudential Nifty FMCG ETF | Nifty FMCG TRI |
|---|---|---|---|
| 2026to date | −20.48% | −20.94% | −20.83% |
| 2025 | −0.20% | −0.65% | −0.43% |
| 2024 | +1.57% | +1.34% | +1.55% |
| 2023 | +24.33% | +30.48% | +30.78% |
| 2022 | +19.34% | +19.78% | +20.08% |
| 2021 | +20.45% | -- | +12.37% |
ICICI Prudential FMCG vs ICICI Prudential Nifty FMCG ETF: Rolling Returns
Every holding period of both funds, against Nifty FMCG TRI, the benchmark of both
Rolling returns
Every 3-year holding period, 551 of them, one for each trading day from 06-08-2024 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 FMCG Fund (Direct)
ICICI Prudential Nifty FMCG ETF
Nifty FMCG TRI
to
Oct 2024Feb 2022
to
Feb 2025Jul 2022
to
Jul 2025Nov 2022
to
Nov 2025Apr 2023
to
Apr 2026Aug 2023
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 FMCG | 18.9 | 12.2 | 22.0 | 32.7 | 10.3 | 4.0 | 0.0 | 8.5% | 9.6% | −5.2% | 21.6% | 7% |
| ICICI Prudential Nifty FMCG ETF | 18.1 | 11.9 | 17.5 | 17.4 | 33.5 | 1.6 | 0.0 | 9.5% | 10.4% | −4.7% | 21.2% | 1% |
| Nifty FMCG TRI | 16.9 | 12.5 | 16.2 | 17.2 | 35.0 | 2.2 | 0.0 | 9.8% | 10.7% | −4.5% | 21.5% | -- |
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 Nifty FMCG 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 06-08-2021. Past returns do not promise future returns.
ICICI Prudential FMCG vs ICICI Prudential Nifty FMCG 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 02-08-2021 to 30-10-2026: 63 instalments, ₹6,30,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| ICICI Prudential FMCGICICI Prudential FMCG Fund (Direct) | ₹6,30,000 | ₹5,82,576 | −₹47,424 | −2.9% |
| ICICI Prudential Nifty FMCG ETFICICI Prudential Nifty FMCG ETF | ₹6,30,000 | ₹5,90,300 | −₹39,700 | −2.4% |
ICICI Prudential FMCGICICI Prudential FMCG Fund (Direct)
ICICI Prudential Nifty FMCG ETFICICI Prudential Nifty FMCG 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 FMCG vs ICICI Prudential Nifty FMCG ETF: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | ICICI Prudential FMCG Fund (Direct) | ICICI Prudential Nifty FMCG ETF |
|---|---|---|
| Return (CAGR) | −22.44% | −22.02% |
| Standard deviation | 13.81% | 15.16% |
| Sharpe ratio | -2.01 | -1.80 |
| Sortino ratio | -2.55 | -2.31 |
| Maximum drawdown | −23.8% (23-10-2026) | −23.7% (23-10-2026) |
| Beta | 0.91 | 1.00 |
| Alpha | −3.06% | −0.18% |
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 FMCG Fund (Direct) | ICICI Prudential Nifty FMCG ETF |
|---|---|---|
| Return (CAGR) | −4.46% | −3.85% |
| Standard deviation | 12.52% | 13.97% |
| Sharpe ratio | -0.84 | -0.71 |
| Sortino ratio | -1.15 | -0.98 |
| Maximum drawdown | −32.9% (23-10-2026) | −34.0% (23-10-2026) |
| Beta | 0.88 | 1.00 |
| Alpha | −1.92% | −0.21% |
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 FMCG Fund (Direct) | ICICI Prudential Nifty FMCG ETF |
|---|---|---|
| Return (CAGR) | +3.65% | +4.12% |
| Standard deviation | 11.90% | 13.98% |
| Sharpe ratio | -0.18 | -0.12 |
| Sortino ratio | -0.25 | -0.17 |
| Maximum drawdown | −32.9% (23-10-2026) | −34.0% (23-10-2026) |
| Beta | 0.82 | 1.00 |
| Alpha | −0.95% | −0.23% |
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 FMCG Fund (Direct) | ICICI Prudential Nifty FMCG ETF |
|---|---|---|
| Return (CAGR) | +10.28% | +4.80% |
| Standard deviation | 14.04% | 13.98% |
| Sharpe ratio | 0.30 | -0.06 |
| Sortino ratio | 0.42 | -0.09 |
| Maximum drawdown | −32.9% (23-10-2026) | −34.0% (23-10-2026) |
| Beta | 0.81 | 1.00 |
| Alpha | +1.42% | −0.23% |
From daily NAVs, 02-01-2013 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 FMCG Fund (Direct)
ICICI Prudential Nifty FMCG ETF
Nifty FMCG TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| ICICI Prudential FMCG Fund (Direct) | −32.9% | 23-09-2024 | 23-10-2026 | Not yet | -- | −31.7% |
| ICICI Prudential Nifty FMCG ETF | −34.0% | 23-09-2024 | 23-10-2026 | Not yet | -- | −32.5% |
| Nifty FMCG TRI | −33.7% | 23-09-2024 | 23-10-2026 | Not yet | -- | −32.3% |
From daily values since 06-08-2021, 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 FMCG Fund (Direct)
ICICI Prudential Nifty FMCG ETF
Nifty FMCG 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 FMCG Fund (Direct)
ICICI Prudential Nifty FMCG ETF
Nifty FMCG 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 FMCG Fund (Direct)
ICICI Prudential Nifty FMCG ETF
Nifty FMCG TRI
Against Nifty FMCG TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| ICICI Prudential FMCG Fund (Direct) | 85% | 79% | 4.38% |
| ICICI Prudential Nifty FMCG ETF | 99% | 100% | 0.07% |
From month-end values since 06-08-2021. 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 FMCG vs ICICI Prudential Nifty FMCG ETF: Portfolio Overlap
From each fund's latest monthly portfolio: ICICI Prudential FMCG Fund, September 2026; ICICI Prudential Nifty FMCG ETF, September 2026
Holdings in common
- Overlap
- 78.4%
- Held by both
- 13
- Only in ICICI Prudential FMCG
- 22
- Only in ICICI Prudential Nifty FMCG ETF
- 2
| Security | % of ICICI Prudential FMCG | % of ICICI Prudential Nifty FMCG ETF |
|---|---|---|
| ITC Ltd. | 18.04% | 27.65% |
| Hindustan Unilever Ltd. | 17.63% | 18.20% |
| Varun Beverages Ltd. | 6.61% | 6.45% |
| Tata Consumer Products Ltd. | 6.41% | 6.75% |
| Britannia Industries Ltd. | 5.78% | 6.21% |
| Nestle India Ltd. | 5.66% | 10.25% |
| Marico Ltd. | 4.04% | 4.55% |
| United Spirits Ltd. | 3.87% | 4.37% |
| Godrej Consumer Products Ltd. | 5.35% | 3.73% |
| Radico Khaitan Ltd. | 2.19% | 3.74% |
| Colgate - Palmolive (India) Ltd. | 2.06% | 2.54% |
| Dabur India Ltd. | 1.72% | 2.45% |
| United Breweries Ltd. | 0.79% | 0.91% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 78.4% means 78.4% 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 FMCG Fund
| Security | % of fund |
|---|---|
| Amrutanjan Health Care Ltd. | 2.21% |
| Avenue Supermarts Ltd. | 2.06% |
| Emami Ltd. | 1.13% |
| Swiggy Ltd | 1.05% |
| EPL Ltd. | 0.98% |
Largest holdings only in ICICI Prudential Nifty FMCG ETF
| Security | % of fund |
|---|---|
| Patanjali Foods Ltd. | 1.37% |
| Godfrey Phillips India Ltd. | 0.84% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | ICICI Prudential FMCG | ICICI Prudential Nifty FMCG ETF |
|---|---|---|
| Equity | 96.1% | 100.0% |
| Debt | 0.0% | 0.0% |
| Cash and others | 3.9% | 0.0% |
Market cap of stocks
| Market cap | ICICI Prudential FMCG | ICICI Prudential Nifty FMCG ETF |
|---|---|---|
| Large Cap | 69.4% | 79.2% |
| Mid Cap | 15.8% | 20.8% |
| Small Cap | 10.4% | 0.0% |
| Not on AMFI's list | 0.6% | 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 FMCG | ICICI Prudential Nifty FMCG ETF |
|---|---|---|
| Diversified Fmcg | 35.7% | 45.8% |
| Food Products | 14.0% | 16.5% |
| Beverages | 13.5% | 15.5% |
| Agricultural Food & Other Products | 11.4% | 12.7% |
| Personal Products | 10.8% | 8.7% |
| Retailing | 4.2% | 0.0% |
| Cigarettes & Tobacco Products | 0.0% | 0.8% |
The six largest sectors of each fund's stocks, % of the fund.
ICICI Prudential FMCG vs ICICI Prudential Nifty FMCG ETF: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | ICICI Prudential FMCG Fund | ICICI Prudential Nifty FMCG ETF |
|---|---|---|
| Total expense ratio (Direct) | 1.68% | Not available |
| Base expense ratio (Direct) | 1.19% | 0.00% |
| Total expense ratio (Regular) | 2.41% | Not available |
| Base expense ratio (Regular) | 1.82% | 0.17% |
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 FMCG Fund vs ICICI Prudential Nifty FMCG ETF: Frequently Asked Questions
What is the difference between ICICI Prudential FMCG Fund and ICICI Prudential Nifty FMCG ETF?
ICICI Prudential FMCG Fund is a Thematic fund, ICICI Prudential Nifty FMCG ETF is an ETF fund, run by ICICI Prudential Mutual Fund. Their portfolios overlap 78.4%. ICICI Prudential FMCG Fund charges 1.68% a year and ICICI Prudential Nifty FMCG ETF 0.21%.
Which has given higher returns, ICICI Prudential FMCG Fund or ICICI Prudential Nifty FMCG ETF?
Over 1 year: ICICI Prudential FMCG Fund −22.44%, ICICI Prudential Nifty FMCG ETF −22.02%. Over 3 years: ICICI Prudential FMCG Fund −4.46% a year, ICICI Prudential Nifty FMCG ETF −3.85% a year. Over 5 years: ICICI Prudential FMCG Fund +3.65% a year, ICICI Prudential Nifty FMCG ETF +4.12% a year. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, ICICI Prudential FMCG Fund or ICICI Prudential Nifty FMCG ETF?
ICICI Prudential Nifty FMCG ETF charges less: 0.21% a year against 1.68%. These are the total expense ratios reported to AMFI.
How much do ICICI Prudential FMCG Fund and ICICI Prudential Nifty FMCG ETF overlap?
78.4%. They hold 13 of the same securities, the largest shared ones being ITC, HINDUNILVR, VBL. From each fund's latest monthly portfolio.
Which is better for SIP, ICICI Prudential FMCG Fund or ICICI Prudential Nifty FMCG ETF?
Over the last 5 years, a monthly SIP of ₹10,000 from 01-10-2021 to 30-10-2026 grew to ₹5,57,170 in ICICI Prudential FMCG Fund (XIRR -3.5% a year) and ₹5,65,700 in ICICI Prudential Nifty FMCG ETF (XIRR -2.9% a year). Both received 61 instalments. Past returns do not promise future returns.
Can I invest in both ICICI Prudential FMCG Fund and ICICI Prudential Nifty FMCG ETF?
Yes. 78.4% of each fund's money sits in the same holdings, so a large part of the two investments would move together.
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.