ICICI Prudential FMCG Fund vs Motilal Oswal Nifty MNC 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 Motilal Oswal Nifty MNC ETF is an ETF fund. ICICI Prudential FMCG Fund charges 1.68% a year and Motilal Oswal Nifty MNC ETF 0.62%. Their portfolios overlap 27.6%: they hold 7 of the same securities.
Which is better, ICICI Prudential FMCG or Motilal Oswal Nifty MNC ETF? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Motilal Oswal Nifty MNC ETF costs less: 0.62% a year against 1.68%.
- Motilal Oswal Nifty MNC ETF fell less in its worst fall since 04-12-2025: −18.0% against −22.0%.
- ICICI Prudential FMCG is the larger fund: ₹1,508 Cr against ₹2 Cr.
- Their portfolios overlap 27.6%: 7 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 | Motilal Oswal Nifty MNC ETF |
|---|---|---|
| Fund house | ICICI Prudential Mutual Fund | Motilal Oswal Mutual Fund |
| Category | Thematic | ETF |
| AUM | ₹1,508 Cr (30-09-2026) | ₹2 Cr (30-09-2026) |
| NAV | ₹414.63 (Direct) | ₹28.40 |
| Expense ratio (Direct) | 1.68% | Not available |
| Expense ratio (Regular) | 2.41% | Not available |
| Riskometer | Not available | Very High |
| Benchmark | Not available | Nifty MNC TRI |
| Launch date | Not available | 01-12-2025 |
| Minimum investment | Not available | Ongoing Basis: On Exchange: Investors can buy/sell units of the Scheme in round lots of 1 unit and in multiples thereof. Directly with the Mutual Fund: For Eligible investors: Transactions must be in multiple of unit creation size and the execution value |
| Lock in | Not available | None |
| Fund managers | Not available | Swapnil Mayekar, Dishant Mehta, Rakesh Shetty |
| Exit load | Not available | Nil |
ICICI Prudential FMCG vs Motilal Oswal Nifty MNC 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% |
| Motilal Oswal Nifty MNC ETF | −6.25% | −13.22% | −10.47% | -- | -- | -- | -- |
| 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 Motilal Oswal Nifty MNC ETF: Year-wise Returns
| Year | ICICI Prudential FMCGICICI Prudential FMCG | Motilal Oswal Nifty MNC ETFMotilal Oswal Nifty MNC ETF |
|---|---|---|
| 2026to date | −20.48% | −6.51% |
| 2025 | −0.20% | -- |
| 2024 | +1.57% | -- |
| 2023 | +24.33% | -- |
| 2022 | +19.34% | -- |
| 2021 | +20.45% | -- |
ICICI Prudential FMCG vs Motilal Oswal Nifty MNC ETF: Rolling Returns
Every holding period of both funds, against Nifty FMCG TRI, the benchmark of ICICI Prudential FMCG Fund
ICICI Prudential FMCG vs Motilal Oswal Nifty MNC 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) | Motilal Oswal Nifty MNC ETF |
|---|---|---|
| Return (CAGR) | +10.28% | −6.14% |
| Standard deviation | 14.04% | 16.17% |
| Sharpe ratio | 0.30 | -0.70 |
| Sortino ratio | 0.42 | -0.91 |
| Maximum drawdown | −32.9% (23-10-2026) | −18.0% (23-10-2026) |
| Beta | 0.81 | 1.00 |
| Alpha | +1.42% | −0.68% |
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)
Motilal Oswal Nifty MNC 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) | −22.0% | 04-12-2025 | 23-10-2026 | Not yet | -- | −20.6% |
| Motilal Oswal Nifty MNC ETF | −18.0% | 10-08-2026 | 23-10-2026 | Not yet | -- | −16.1% |
| Nifty FMCG TRI | −22.5% | 31-12-2025 | 23-10-2026 | Not yet | -- | −20.8% |
From daily values since 04-12-2025, the first day every fund has.
ICICI Prudential FMCG vs Motilal Oswal Nifty MNC ETF: Portfolio Overlap
From each fund's latest monthly portfolio: ICICI Prudential FMCG Fund, September 2026; Motilal Oswal Nifty MNC ETF, September 2026
Holdings in common
- Overlap
- 27.6%
- Held by both
- 7
- Only in ICICI Prudential FMCG
- 28
- Only in Motilal Oswal Nifty MNC ETF
- 23
| Security | % of ICICI Prudential FMCG | % of Motilal Oswal Nifty MNC ETF |
|---|---|---|
| Hindustan Unilever Ltd. | 17.63% | 9.93% |
| Nestle India Ltd. | 5.66% | 8.76% |
| Britannia Industries Ltd. | 5.78% | 5.29% |
| United Spirits Ltd. | 3.87% | 3.73% |
| Colgate - Palmolive (India) Ltd. | 2.06% | 2.17% |
| United Breweries Ltd. | 0.79% | 0.78% |
| Adani Wilmar Ltd | 0.12% | 0.92% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 27.6% means 27.6% 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 FMCG Fund
| Security | % of fund |
|---|---|
| ITC Ltd. | 18.04% |
| Varun Beverages Ltd. | 6.61% |
| Tata Consumer Products Ltd. | 6.41% |
| Godrej Consumer Products Ltd. | 5.35% |
| Marico Ltd. | 4.04% |
Largest holdings only in Motilal Oswal Nifty MNC ETF
| Security | % of fund |
|---|---|
| Maruti Suzuki India Limited | 10.16% |
| Vedanta Aluminium Metal Limited | 6.53% |
| Cummins India Limited | 5.99% |
| Vedanta Limited | 4.25% |
| Ashok Leyland Limited | 4.11% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | ICICI Prudential FMCG | Motilal Oswal Nifty MNC ETF |
|---|---|---|
| Equity | 96.1% | 99.7% |
| Debt | 0.0% | 0.0% |
| Cash and others | 3.9% | 0.3% |
Market cap of stocks
| Market cap | ICICI Prudential FMCG | Motilal Oswal Nifty MNC ETF |
|---|---|---|
| Large Cap | 69.4% | 65.8% |
| Mid Cap | 15.8% | 27.8% |
| Small Cap | 10.4% | 6.0% |
| 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 | Motilal Oswal Nifty MNC ETF |
|---|---|---|
| Diversified Fmcg | 35.7% | 0.0% |
| Food Products | 14.0% | 14.1% |
| Beverages | 13.5% | 4.5% |
| Automobiles | 0.0% | 12.8% |
| Electrical Equipment | 0.0% | 12.7% |
| Agricultural Food & Other Products | 11.4% | 0.0% |
| Personal Products | 10.8% | 2.2% |
| Diversified FMCG | 0.0% | 9.9% |
| Industrial Products | 1.0% | 7.0% |
| Non - Ferrous Metals | 0.0% | 6.5% |
| Retailing | 4.2% | 0.0% |
The six largest sectors of each fund's stocks, % of the fund.
ICICI Prudential FMCG vs Motilal Oswal Nifty MNC ETF: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | ICICI Prudential FMCG Fund | Motilal Oswal Nifty MNC 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% | 0.45% |
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 Motilal Oswal Nifty MNC ETF: Frequently Asked Questions
What is the difference between ICICI Prudential FMCG Fund and Motilal Oswal Nifty MNC ETF?
ICICI Prudential FMCG Fund is a Thematic fund, Motilal Oswal Nifty MNC ETF is an ETF fund, run by ICICI Prudential Mutual Fund and Motilal Oswal Mutual Fund. Their portfolios overlap 27.6%. ICICI Prudential FMCG Fund charges 1.68% a year and Motilal Oswal Nifty MNC ETF 0.62%.
Which has the lower expense ratio, ICICI Prudential FMCG Fund or Motilal Oswal Nifty MNC ETF?
Motilal Oswal Nifty MNC ETF charges less: 0.62% a year against 1.68%. These are the total expense ratios reported to AMFI.
How much do ICICI Prudential FMCG Fund and Motilal Oswal Nifty MNC ETF overlap?
27.6%. They hold 7 of the same securities, the largest shared ones being HINDUNILVR, NESTLEIND, BRITANNIA. From each fund's latest monthly portfolio.
Can I invest in both ICICI Prudential FMCG Fund and Motilal Oswal Nifty MNC ETF?
Yes. 27.6% of each fund's money sits in the same holdings, so some 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.