ICICI Prudential Housing Opportunities Fund vs SBI ESG Exclusionary Strategy Fund
Direct Plan, Growth option · Data as on 30-10-2026
ICICI Prudential Housing Opportunities Fund is a Thematic fund and SBI ESG Exclusionary Strategy Fund is a Thematic fund. In the 3 years to 30-10-2026, ICICI Prudential Housing Opportunities Fund (Direct) returned 10.3% a year and SBI ESG Exclusionary Strategy Fund (Direct) returned 9.0% a year. ICICI Prudential Housing Opportunities Fund charges 1.22% a year and SBI ESG Exclusionary Strategy Fund 1.47% (Direct plans). Their portfolios overlap 32.4%: they hold 13 of the same securities.
ICICI Prudential Housing Opportunities Fund
Thematic
- 3 year return
- 10.3%
- Expense ratio
- 1.22%
- NAV
- ₹16.96
SBI ESG Exclusionary Strategy Fund
Thematic
- 3 year return
- 9.0%
- Expense ratio
- 1.47%
- NAV
- ₹251.86
Which is better, ICICI Prudential Housing Opportunities or SBI ESG Exclusionary Strategy? 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 Housing Opportunities returned more over 3 years: 10.3% a year against 9.0%.
- SBI ESG Exclusionary Strategy returned more over 1 year: −6.7% against −9.4%.
- ICICI Prudential Housing Opportunities costs less: 1.22% a year against 1.47% (Direct plans).
- SBI ESG Exclusionary Strategy swung less over 3 years: a standard deviation of 13.2% a year against 14.1%.
- SBI ESG Exclusionary Strategy fell less in its worst fall since 19-04-2022: −16.0% against −16.7%.
- SBI ESG Exclusionary Strategy holds more in large companies: 65.7% of the fund in large caps against 54.2%.
- SBI ESG Exclusionary Strategy is the larger fund: ₹4,984 Cr against ₹2,631 Cr.
- Their portfolios overlap 32.4%: 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 Housing Opportunities Fund | SBI ESG Exclusionary Strategy Fund |
|---|---|---|
| Fund house | ICICI Prudential Mutual Fund | SBI Mutual Fund |
| Category | Thematic | Thematic |
| AUM | ₹2,631 Cr (30-09-2026) | ₹4,984 Cr (30-09-2026) |
| NAV | ₹16.96 (Direct) | ₹251.86 (Direct) |
| Expense ratio (Direct) | 1.22% | 1.47% |
| Expense ratio (Regular) | 2.07% | 2.02% |
| Riskometer | Not available | Very High |
| Benchmark | Nifty Housing TRI | Nifty 100 ESG TRI |
| Launch date | 18-04-2022 | 01-01-1991 |
| Minimum investment | ₹5,000 | ₹1,000 |
| Lock in | None | None |
| Fund managers | Sanket Gaidhani | Rohit Shimpi |
| Exit load | 1 % of applicable Net Asset Value If the amount sought to be redeemed or switch out within 1 months from allotment. Nil If the amount sought to be redeemed or switched out more than 1 months. | Exit load of 1% if redeemed within 1 year |
ICICI Prudential Housing Opportunities vs SBI ESG Exclusionary Strategy: 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 Housing Opportunities Fund (Direct) | −2.25% | −7.17% | −5.88% | −9.45% | +10.33% | -- | -- |
| SBI ESG Exclusionary Strategy Fund (Direct) | +0.78% | −5.24% | −0.94% | −6.69% | +8.99% | +6.93% | +11.32% |
| 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 Housing Opportunities vs SBI ESG Exclusionary Strategy: Year-wise Returns
| Year | ICICI Prudential Housing OpportunitiesICICI Prudential Housing Opportunities | SBI ESG Exclusionary StrategySBI ESG Exclusionary Strategy |
|---|---|---|
| 2026to date | −6.97% | −6.96% |
| 2025 | +7.17% | +8.06% |
| 2024 | +16.35% | +12.84% |
| 2023 | +32.43% | +25.44% |
| 2022 | -- | −1.68% |
| 2021 | -- | +31.35% |
ICICI Prudential Housing Opportunities vs SBI ESG Exclusionary Strategy: Rolling Returns
Every holding period of both funds, against Nifty Housing TRI, the benchmark of ICICI Prudential Housing Opportunities Fund
Rolling returns
Every 3-year holding period, 378 of them, one for each trading day from 21-04-2025 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 Housing Opportunities Fund (Direct)
SBI ESG Exclusionary Strategy Fund (Direct)
Nifty Housing TRI
to
Jun 2025Sept 2022
to
Sept 2025Dec 2022
to
Dec 2025Mar 2023
to
Mar 2026Jun 2023
to
Jun 2026Sept 2023
to
Sept 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 Housing Opportunities | 0.0 | 0.0 | 3.4 | 18.5 | 58.5 | 19.6 | 0.0 | 17.5% | 18.0% | 9.2% | 24.3% | 100% |
| SBI ESG Exclusionary Strategy | 0.0 | 0.0 | 9.9 | 63.8 | 26.3 | 0.0 | 0.0 | 13.5% | 13.9% | 6.9% | 20.0% | 32% |
| Nifty Housing TRI | 0.0 | 0.0 | 8.2 | 53.7 | 34.1 | 4.0 | 0.0 | 14.5% | 14.2% | 7.8% | 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 Housing 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 19-04-2022. Past returns do not promise future returns.
ICICI Prudential Housing Opportunities vs SBI ESG Exclusionary Strategy: 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 19-04-2022 to 30-10-2026: 55 instalments, ₹5,50,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| ICICI Prudential Housing OpportunitiesICICI Prudential Housing Opportunities Fund (Direct) | ₹5,50,000 | ₹6,56,407 | ₹1,06,407 | 7.7% |
| SBI ESG Exclusionary StrategySBI ESG Exclusionary Strategy Fund (Direct) | ₹5,50,000 | ₹6,33,936 | ₹83,936 | 6.1% |
ICICI Prudential Housing OpportunitiesICICI Prudential Housing Opportunities Fund (Direct)
SBI ESG Exclusionary StrategySBI ESG Exclusionary Strategy 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 Housing Opportunities vs SBI ESG Exclusionary Strategy: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | ICICI Prudential Housing Opportunities Fund (Direct) | SBI ESG Exclusionary Strategy Fund (Direct) |
|---|---|---|
| Return (CAGR) | −9.45% | −6.69% |
| Standard deviation | 14.93% | 14.63% |
| Sharpe ratio | -0.98 | -0.82 |
| Sortino ratio | -1.32 | -1.10 |
| Maximum drawdown | −13.3% (23-03-2026) | −15.5% (31-03-2026) |
| Beta | 0.86 | 0.99 |
| Alpha | −4.12% | −1.05% |
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 Housing Opportunities Fund (Direct) | SBI ESG Exclusionary Strategy Fund (Direct) |
|---|---|---|
| Return (CAGR) | +10.33% | +8.99% |
| Standard deviation | 14.05% | 13.24% |
| Sharpe ratio | 0.31 | 0.22 |
| Sortino ratio | 0.42 | 0.31 |
| Maximum drawdown | −16.7% (28-02-2025) | −16.0% (07-04-2025) |
| Beta | 0.80 | 0.92 |
| Alpha | +1.14% | −1.20% |
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 Housing Opportunities Fund (Direct) | SBI ESG Exclusionary Strategy Fund (Direct) |
|---|---|---|
| Return (CAGR) | +12.44% | +12.66% |
| Standard deviation | 12.48% | 15.48% |
| Sharpe ratio | 0.51 | 0.43 |
| Sortino ratio | 0.70 | 0.59 |
| Maximum drawdown | −16.7% (28-02-2025) | −36.7% (23-03-2020) |
| Beta | 0.73 | -- |
| Alpha | +4.28% | -- |
From daily NAVs, 19-04-2022 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 Housing Opportunities Fund (Direct)
SBI ESG Exclusionary Strategy Fund (Direct)
Nifty Housing TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| ICICI Prudential Housing Opportunities Fund (Direct) | −16.7% | 26-09-2024 | 28-02-2025 | 16-10-2025 | 8 months | −9.6% |
| SBI ESG Exclusionary Strategy Fund (Direct) | −16.0% | 26-09-2024 | 07-04-2025 | 05-12-2025 | 8 months | −8.1% |
| Nifty Housing TRI | −19.9% | 26-09-2024 | 28-02-2025 | Not yet | -- | −9.1% |
From daily values since 19-04-2022, 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 Housing Opportunities Fund (Direct)
SBI ESG Exclusionary Strategy Fund (Direct)
Nifty Housing 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 Housing Opportunities Fund (Direct)
SBI ESG Exclusionary Strategy Fund (Direct)
Nifty Housing TRI
Against Nifty Housing TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| ICICI Prudential Housing Opportunities Fund (Direct) | 83% | 60% | 7.60% |
| SBI ESG Exclusionary Strategy Fund (Direct) | 77% | 67% | 8.45% |
From month-end values since 19-04-2022. 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 Housing Opportunities vs SBI ESG Exclusionary Strategy: Portfolio Overlap
From each fund's latest monthly portfolio: ICICI Prudential Housing Opportunities Fund, September 2026; SBI ESG Exclusionary Strategy Fund, September 2026
Holdings in common
- Overlap
- 32.4%
- Held by both
- 13
- Only in ICICI Prudential Housing Opportunities
- 46
- Only in SBI ESG Exclusionary Strategy
- 32
| Security | % of ICICI Prudential Housing Opportunities | % of SBI ESG Exclusionary Strategy |
|---|---|---|
| HDFC Bank Ltd. | 6.52% | 7.66% |
| ICICI Bank Ltd. | 6.31% | 8.50% |
| Larsen & Toubro Ltd. | 4.72% | 4.19% |
| State Bank Of India | 2.93% | 3.85% |
| Asian Paints Ltd. | 5.32% | 2.89% |
| Ultratech Cement Ltd. | 3.82% | 2.79% |
| JSW Steel Ltd. | 2.25% | 3.09% |
| Oberoi Realty Ltd. | 3.76% | 1.53% |
| Brigade Enterprises Ltd. | 2.64% | 1.05% |
| Pidilite Industries Ltd. | 0.78% | 2.05% |
| Kotak Mahindra Bank Ltd. | 0.76% | 4.32% |
| Berger Paints India Ltd. | 0.34% | 1.01% |
| JSW Cement Ltd. | 0.08% | 1.82% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 32.4% means 32.4% 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 Housing Opportunities Fund
| Security | % of fund |
|---|---|
| NTPC Ltd. | 7.08% |
| Tata Steel Ltd. | 6.04% |
| Shree Cements Ltd. | 3.65% |
| Blue Star Ltd. | 2.67% |
| APL Apollo Tubes Ltd. | 2.19% |
Largest holdings only in SBI ESG Exclusionary Strategy Fund
| Security | % of fund |
|---|---|
| Bajaj Finance Ltd. | 4.04% |
| Maruti Suzuki India Ltd. | 3.70% |
| Tech Mahindra Ltd. | 3.23% |
| TVS Motor Company Ltd. | 3.20% |
| Divi's Laboratories Ltd. | 2.42% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | ICICI Prudential Housing Opportunities | SBI ESG Exclusionary Strategy |
|---|---|---|
| Equity | 96.5% | 98.8% |
| Debt | 0.0% | 0.1% |
| Cash and others | 3.5% | 1.1% |
Market cap of stocks
| Market cap | ICICI Prudential Housing Opportunities | SBI ESG Exclusionary Strategy |
|---|---|---|
| Large Cap | 54.2% | 65.7% |
| Mid Cap | 21.1% | 20.3% |
| Small Cap | 20.3% | 12.8% |
| Not on AMFI's list | 0.9% | 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 Housing Opportunities | SBI ESG Exclusionary Strategy |
|---|---|---|
| Banks | 19.1% | 24.3% |
| Consumer Durables | 16.3% | 4.8% |
| Realty | 14.3% | 3.7% |
| Cement & Cement Products | 9.8% | 4.6% |
| Power | 9.7% | 0.0% |
| Ferrous Metals | 9.5% | 3.1% |
| Automobiles | 0.0% | 9.0% |
| IT - Software | 0.0% | 6.5% |
| Electrical Equipment | 0.2% | 5.4% |
| Pharmaceuticals & Biotechnology | 0.0% | 4.7% |
The six largest sectors of each fund's stocks, % of the fund.
ICICI Prudential Housing Opportunities vs SBI ESG Exclusionary Strategy: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | ICICI Prudential Housing Opportunities Fund | SBI ESG Exclusionary Strategy Fund |
|---|---|---|
| Total expense ratio (Direct) | 1.22% | 1.47% |
| Base expense ratio (Direct) | 0.95% | 1.13% |
| Total expense ratio (Regular) | 2.07% | 2.02% |
| Base expense ratio (Regular) | 1.70% | 1.60% |
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.
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Compare SBI ESG Exclusionary Strategy with
ICICI Prudential Housing Opportunities Fund vs SBI ESG Exclusionary Strategy Fund: Frequently Asked Questions
What is the difference between ICICI Prudential Housing Opportunities Fund and SBI ESG Exclusionary Strategy Fund?
ICICI Prudential Housing Opportunities Fund is a Thematic fund, SBI ESG Exclusionary Strategy Fund is a Thematic fund, run by ICICI Prudential Mutual Fund and SBI Mutual Fund. Their portfolios overlap 32.4%. ICICI Prudential Housing Opportunities Fund charges 1.22% a year and SBI ESG Exclusionary Strategy Fund 1.47%.
Which has given higher returns, ICICI Prudential Housing Opportunities Fund or SBI ESG Exclusionary Strategy Fund?
Over 1 year: ICICI Prudential Housing Opportunities Fund −9.45%, SBI ESG Exclusionary Strategy Fund −6.69%. Over 3 years: ICICI Prudential Housing Opportunities Fund +10.33% a year, SBI ESG Exclusionary Strategy Fund +8.99% a year. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, ICICI Prudential Housing Opportunities Fund or SBI ESG Exclusionary Strategy Fund?
ICICI Prudential Housing Opportunities Fund charges less: 1.22% a year against 1.47%. These are the Direct plans' total expense ratios reported to AMFI.
How much do ICICI Prudential Housing Opportunities Fund and SBI ESG Exclusionary Strategy Fund overlap?
32.4%. They hold 13 of the same securities, the largest shared ones being HDFCBANK, ICICIBANK, LT. From each fund's latest monthly portfolio.
Which is better for SIP, ICICI Prudential Housing Opportunities Fund or SBI ESG Exclusionary Strategy Fund?
Over the last 3 years, a monthly SIP of ₹10,000 from 03-10-2023 to 30-10-2026 grew to ₹3,75,319 in ICICI Prudential Housing Opportunities Fund (XIRR 0.9% a year) and ₹3,78,198 in SBI ESG Exclusionary Strategy Fund (XIRR 1.4% a year). Both received 37 instalments. Past returns do not promise future returns.
Can I invest in both ICICI Prudential Housing Opportunities Fund and SBI ESG Exclusionary Strategy Fund?
Yes. 32.4% of each fund's money sits in the same holdings, so some of the two investments would move together.
Who manages ICICI Prudential Housing Opportunities Fund and SBI ESG Exclusionary Strategy Fund?
ICICI Prudential Housing Opportunities Fund: Sanket Gaidhani. SBI ESG Exclusionary Strategy Fund: Rohit Shimpi.
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.