ICICI Prudential Long Term Wealth Enhancement Fund vs Kotak BSE Sensex Index Fund
Direct Plan, Growth option · Data as on 30-10-2026
ICICI Prudential Long Term Wealth Enhancement Fund is an ELSS fund and Kotak BSE Sensex Index Fund is an Index fund. In the year to 30-10-2026, ICICI Prudential Long Term Wealth Enhancement Fund (Direct) returned −8.1% and Kotak BSE Sensex Index Fund (Direct) returned −11.2%. ICICI Prudential Long Term Wealth Enhancement Fund charges 0.81% a year and Kotak BSE Sensex Index Fund 0.31% (Direct plans). Their portfolios overlap 47.2%: they hold 14 of the same securities.
ICICI Prudential Long Term Wealth Enhancement Fund
ELSS
- 1 year return
- −8.1%
- Expense ratio
- 0.81%
- NAV
- ₹29.08
Kotak BSE Sensex Index Fund
Index
- 1 year return
- −11.2%
- Expense ratio
- 0.31%
- NAV
- ₹9.96
Which is better, ICICI Prudential Long Term Wealth Enhancement or Kotak BSE Sensex Index? 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 Long Term Wealth Enhancement returned more over 1 year: −8.1% against −11.2%.
- Kotak BSE Sensex Index costs less: 0.31% a year against 0.81% (Direct plans).
- ICICI Prudential Long Term Wealth Enhancement fell less in its worst fall since 20-02-2025: −16.0% against −16.1%.
- Kotak BSE Sensex Index holds more in large companies: 100.0% of the fund in large caps against 79.2%.
- ICICI Prudential Long Term Wealth Enhancement is the larger fund: ₹37 Cr against ₹25 Cr.
- Their portfolios overlap 47.2%: 14 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 Long Term Wealth Enhancement Fund | Kotak BSE Sensex Index Fund |
|---|---|---|
| Fund house | ICICI Prudential Mutual Fund | Kotak Mahindra Mutual Fund |
| Category | ELSS | Index |
| AUM | ₹37 Cr (30-09-2026) | ₹25 Cr (30-09-2026) |
| NAV | ₹29.08 (Direct) | ₹9.96 (Direct) |
| Expense ratio (Direct) | 0.81% | 0.31% |
| Expense ratio (Regular) | Not available | 0.48% |
| Riskometer | Not available | Very High |
| Benchmark | Not available | BSE SENSEX TRI |
| Launch date | Not available | 17-02-2025 |
| Minimum investment | Not available | ₹100 |
| Lock in | Not available | None |
| Fund managers | Not available | Satish Dondapati, Abhishek Bisen, Jeetu Valechha Sonar |
| Exit load | Not available | Nil |
ICICI Prudential Long Term Wealth Enhancement vs Kotak BSE Sensex Index: 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 Long Term Wealth Enhancement Fund (Direct) | +0.24% | −6.22% | +0.41% | −8.09% | +12.65% | +11.74% | -- |
| Kotak BSE Sensex Index Fund (Direct) | +2.75% | −4.34% | −2.52% | −11.20% | -- | -- | -- |
| ELSS average | −2.34% | −5.61% | −1.63% | −5.75% | +10.92% | +10.29% | -- |
Category average: the average of the 50 ELSS funds, same plan type.
ICICI Prudential Long Term Wealth Enhancement vs Kotak BSE Sensex Index: Year-wise Returns
| Year | ICICI Prudential Long Term Wealth EnhancementICICI Prudential Long Term Wealth Enhancement | Kotak BSE Sensex IndexKotak BSE Sensex Index |
|---|---|---|
| 2026to date | −8.26% | −12.07% |
| 2025 | +8.23% | -- |
| 2024 | +27.24% | -- |
| 2023 | +24.97% | -- |
| 2022 | +15.20% | -- |
| 2021 | +26.50% | -- |
ICICI Prudential Long Term Wealth Enhancement vs Kotak BSE Sensex Index: Rolling Returns
Every holding period of both funds, against Nifty 500 TRI, the benchmark of ICICI Prudential Long Term Wealth Enhancement Fund
Rolling returns
Every 1-year holding period, 169 of them, one for each trading day from 20-02-2026 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 Long Term Wealth Enhancement Fund
Kotak BSE Sensex Index Fund (Direct)
Nifty 500 TRI
to
Mar 2026Apr 2025
to
Apr 2026Jun 2025
to
Jun 2026Jul 2025
to
Jul 2026Aug 2025
to
Aug 2026Oct 2025
to
Oct 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 Long Term Wealth Enhancement | 43.2 | 36.7 | 13.6 | 6.5 | 0.0 | 0.0 | 0.0 | 0.7% | 0.6% | −10.7% | 13.6% | 28% |
| Kotak BSE Sensex Index | 83.4 | 8.3 | 4.7 | 3.6 | 0.0 | 0.0 | 0.0 | −4.1% | −5.0% | −12.9% | 11.7% | 0% |
| Nifty 500 TRI | 34.9 | 39.1 | 18.9 | 4.7 | 2.4 | 0.0 | 0.0 | 2.1% | 1.2% | −9.0% | 15.9% | -- |
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 Nifty 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 20-02-2025. Past returns do not promise future returns.
ICICI Prudential Long Term Wealth Enhancement vs Kotak BSE Sensex Index: 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 03-02-2025 to 30-10-2026: 21 instalments, ₹2,10,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| ICICI Prudential Long Term Wealth EnhancementICICI Prudential Long Term Wealth Enhancement Fund | ₹2,10,000 | ₹2,06,396 | −₹3,604 | −1.9% |
| Kotak BSE Sensex IndexKotak BSE Sensex Index Fund (Direct) | ₹2,10,000 | ₹2,00,108 | −₹9,892 | −5.2% |
ICICI Prudential Long Term Wealth EnhancementICICI Prudential Long Term Wealth Enhancement Fund
Kotak BSE Sensex IndexKotak BSE Sensex Index 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 Long Term Wealth Enhancement vs Kotak BSE Sensex Index: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | ICICI Prudential Long Term Wealth Enhancement Fund (Direct) | Kotak BSE Sensex Index Fund (Direct) |
|---|---|---|
| Return (CAGR) | −8.45% | −11.20% |
| Standard deviation | 13.70% | 13.82% |
| Sharpe ratio | -1.00 | -1.19 |
| Sortino ratio | -1.36 | -1.59 |
| Maximum drawdown | −16.0% (30-03-2026) | −16.1% (30-03-2026) |
| Beta | 0.89 | 1.00 |
| Alpha | −2.53% | −0.31% |
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 Long Term Wealth Enhancement Fund (Direct) | Kotak BSE Sensex Index Fund (Direct) |
|---|---|---|
| Return (CAGR) | +12.59% | −0.03% |
| Standard deviation | 16.77% | 13.17% |
| Sharpe ratio | 0.43 | -0.42 |
| Sortino ratio | 0.59 | -0.58 |
| Maximum drawdown | −39.7% (23-03-2020) | −16.1% (30-03-2026) |
| Beta | 0.94 | 1.00 |
| Alpha | +0.66% | −0.21% |
From daily NAVs, 23-03-2018 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 Long Term Wealth Enhancement Fund
Kotak BSE Sensex Index Fund (Direct)
Nifty 500 TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| ICICI Prudential Long Term Wealth Enhancement Fund | −16.0% | 26-11-2025 | 30-03-2026 | Not yet | -- | −9.7% |
| Kotak BSE Sensex Index Fund (Direct) | −16.1% | 02-01-2026 | 30-03-2026 | Not yet | -- | −12.6% |
| Nifty 500 TRI | −14.7% | 02-01-2026 | 30-03-2026 | Not yet | -- | −8.4% |
From daily values since 20-02-2025, 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 Long Term Wealth Enhancement Fund
Kotak BSE Sensex Index Fund (Direct)
Nifty 500 TRI
Against Nifty 500 TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| ICICI Prudential Long Term Wealth Enhancement Fund | 92% | 90% | 5.59% |
| Kotak BSE Sensex Index Fund (Direct) | 78% | 98% | 5.29% |
From month-end values since 20-02-2025. 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 Long Term Wealth Enhancement vs Kotak BSE Sensex Index: Portfolio Overlap
From each fund's latest monthly portfolio: ICICI Prudential Long Term Wealth Enhancement Fund, September 2026; Kotak BSE Sensex Index Fund, September 2026
Holdings in common
- Overlap
- 47.2%
- Held by both
- 14
- Only in ICICI Prudential Long Term Wealth Enhancement
- 10
- Only in Kotak BSE Sensex Index
- 16
| Security | % of ICICI Prudential Long Term Wealth Enhancement | % of Kotak BSE Sensex Index |
|---|---|---|
| ICICI Bank Ltd. | 7.75% | 11.07% |
| HDFC Bank Ltd. | 7.22% | 12.53% |
| Reliance Industries Ltd. | 4.83% | 9.24% |
| Bharti Airtel Ltd. | 4.74% | 6.34% |
| Infosys Ltd. | 3.99% | 4.06% |
| Axis Bank Ltd. | 3.62% | 4.07% |
| Eternal Ltd. | 5.66% | 2.71% |
| State Bank Of India | 2.64% | 4.61% |
| Sun Pharmaceutical Industries Ltd. | 3.56% | 2.25% |
| Mahindra & Mahindra Ltd. | 1.83% | 3.10% |
| Maruti Suzuki India Ltd. | 7.90% | 1.81% |
| HCL Technologies Ltd. | 2.19% | 1.54% |
| Interglobe Aviation Ltd. | 2.06% | 1.29% |
| Trent Ltd. | 3.68% | 1.00% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 47.2% means 47.2% 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 Long Term Wealth Enhancement Fund
| Security | % of fund |
|---|---|
| TVS Motor Company Ltd. | 9.91% |
| The Ethos Ltd. | 5.62% |
| Avenue Supermarts Ltd. | 5.32% |
| Red Tape Ltd | 4.31% |
| RR Kabel Ltd. | 4.00% |
Largest holdings only in Kotak BSE Sensex Index Fund
| Security | % of fund |
|---|---|
| Larsen and Toubro Ltd. | 5.11% |
| KOTAK MAHINDRA BANK LTD. | 3.53% |
| BAJAJ FINANCE LTD. | 3.02% |
| ITC Ltd. | 2.95% |
| TATA CONSULTANCY SERVICES LTD. | 2.45% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | ICICI Prudential Long Term Wealth Enhancement | Kotak BSE Sensex Index |
|---|---|---|
| Equity | 95.8% | 100.0% |
| Debt | 0.0% | 0.0% |
| Cash and others | 4.2% | 0.0% |
Market cap of stocks
| Market cap | ICICI Prudential Long Term Wealth Enhancement | Kotak BSE Sensex Index |
|---|---|---|
| Large Cap | 79.2% | 100.0% |
| Mid Cap | 1.1% | 0.0% |
| Small Cap | 15.5% | 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 Long Term Wealth Enhancement | Kotak BSE Sensex Index |
|---|---|---|
| Banks | 21.2% | 35.8% |
| Automobiles | 19.6% | 4.9% |
| Retailing | 14.7% | 3.7% |
| Consumer Durables | 9.9% | 3.5% |
| Petroleum Products | 4.8% | 9.2% |
| IT - Software | 0.0% | 9.2% |
| Telecom - Services | 4.7% | 6.3% |
| It - Software | 6.2% | 0.0% |
| Construction | 0.0% | 5.1% |
| Diversified FMCG | 0.0% | 4.9% |
The six largest sectors of each fund's stocks, % of the fund.
ICICI Prudential Long Term Wealth Enhancement vs Kotak BSE Sensex Index: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | ICICI Prudential Long Term Wealth Enhancement Fund | Kotak BSE Sensex Index Fund |
|---|---|---|
| Total expense ratio (Direct) | 0.81% | 0.31% |
| Base expense ratio (Direct) | 0.66% | 0.12% |
| Total expense ratio (Regular) | Not available | 0.48% |
| Base expense ratio (Regular) | 0.92% | 0.27% |
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 Long Term Wealth Enhancement Fund vs Kotak BSE Sensex Index Fund: Frequently Asked Questions
What is the difference between ICICI Prudential Long Term Wealth Enhancement Fund and Kotak BSE Sensex Index Fund?
ICICI Prudential Long Term Wealth Enhancement Fund is an ELSS fund, Kotak BSE Sensex Index Fund is an Index fund, run by ICICI Prudential Mutual Fund and Kotak Mahindra Mutual Fund. Their portfolios overlap 47.2%. ICICI Prudential Long Term Wealth Enhancement Fund charges 0.81% a year and Kotak BSE Sensex Index Fund 0.31%.
Which has given higher returns, ICICI Prudential Long Term Wealth Enhancement Fund or Kotak BSE Sensex Index Fund?
Over 1 year: ICICI Prudential Long Term Wealth Enhancement Fund −8.09%, Kotak BSE Sensex Index Fund −11.20%. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, ICICI Prudential Long Term Wealth Enhancement Fund or Kotak BSE Sensex Index Fund?
Kotak BSE Sensex Index Fund charges less: 0.31% a year against 0.81%. These are the Direct plans' total expense ratios reported to AMFI.
How much do ICICI Prudential Long Term Wealth Enhancement Fund and Kotak BSE Sensex Index Fund overlap?
47.2%. They hold 14 of the same securities, the largest shared ones being ICICIBANK, HDFCBANK, RELIANCE. From each fund's latest monthly portfolio.
Can I invest in both ICICI Prudential Long Term Wealth Enhancement Fund and Kotak BSE Sensex Index Fund?
Yes. 47.2% 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.