ICICI Prudential Nifty 100 ETF vs Parag Parikh Large Cap Fund
Direct Plan where a fund has one, Growth option · Data as on 30-10-2026
ICICI Prudential Nifty 100 ETF is an ETF fund and Parag Parikh Large Cap Fund is a Large Cap fund. ICICI Prudential Nifty 100 ETF charges 0.50% a year and Parag Parikh Large Cap Fund 0.32%. Their portfolios overlap 99.3%: they hold 100 of the same securities.
Which is better, ICICI Prudential Nifty 100 ETF or Parag Parikh Large Cap? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Parag Parikh Large Cap costs less: 0.32% a year against 0.50%.
- Parag Parikh Large Cap fell less in its worst fall since 06-02-2026: −13.8% against −14.0%.
- Parag Parikh Large Cap is the larger fund: ₹866 Cr against ₹151 Cr.
- Their portfolios overlap 99.3%: 100 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 Nifty 100 ETF | Parag Parikh Large Cap Fund |
|---|---|---|
| Fund house | ICICI Prudential Mutual Fund | PPFAS Mutual Fund |
| Category | ETF | Large Cap |
| AUM | ₹151 Cr (30-09-2026) | ₹866 Cr (30-09-2026) |
| NAV | ₹26.77 | ₹9.20 (Direct) |
| Expense ratio (Direct) | Not available | 0.32% |
| Expense ratio (Regular) | Not available | 0.72% |
| Riskometer | Very High | Very High |
| Benchmark | Nifty 100 TRI | Nifty 100 TRI |
| Launch date | 20-08-2013 | 04-02-2026 |
| Minimum investment | 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 | ₹1,000 |
| Lock in | None | None |
| Fund managers | Nishit Patel, Ajaykumar Solanki, Ashwini Bharucha, Venus Ahuja | Rajeev Thakkar, Rukun Tarachandani, Raj Mehta, Raunak Onkar, Tejas Soman, Aishwarya Dhar |
| Exit load | Not available | NIL |
ICICI Prudential Nifty 100 ETF vs Parag Parikh Large 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 Nifty 100 ETF | +1.00% | −5.43% | −3.23% | −9.17% | +8.54% | +6.69% | +11.17% |
| Parag Parikh Large Cap Fund (Direct) | +1.04% | −5.22% | −2.88% | -- | -- | -- | -- |
| Large Cap average | +0.62% | −4.36% | −1.05% | -- | -- | -- | -- |
Category average: the average of the 35 Large Cap funds, same plan type.
ICICI Prudential Nifty 100 ETF vs Parag Parikh Large Cap: Year-wise Returns
| Year | ICICI Prudential Nifty 100 ETFICICI Prudential Nifty 100 ETF | Parag Parikh Large CapParag Parikh Large Cap | Nifty 100 TRI |
|---|---|---|---|
| 2026to date | −9.71% | -- | −9.32% |
| 2025 | +9.71% | -- | +10.24% |
| 2024 | +12.38% | -- | +12.95% |
| 2023 | +20.66% | -- | +21.24% |
| 2022 | +4.43% | -- | +4.94% |
| 2021 | +25.85% | -- | +26.45% |
ICICI Prudential Nifty 100 ETF vs Parag Parikh Large Cap: Rolling Returns
Every holding period of both funds, against Nifty 100 TRI, the benchmark of both
ICICI Prudential Nifty 100 ETF vs Parag Parikh Large Cap: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | ICICI Prudential Nifty 100 ETF | Parag Parikh Large Cap Fund (Direct) |
|---|---|---|
| Return (CAGR) | +13.23% | −10.75% |
| Standard deviation | 15.70% | 15.01% |
| Sharpe ratio | 0.46 | -1.06 |
| Sortino ratio | 0.63 | -1.40 |
| Maximum drawdown | −37.9% (23-03-2020) | −13.8% (30-03-2026) |
| Beta | 0.99 | 0.99 |
| Alpha | −0.34% | −0.02% |
From daily NAVs, 21-08-2013 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 Nifty 100 ETF
Parag Parikh Large Cap Fund (Direct)
Nifty 100 TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| ICICI Prudential Nifty 100 ETF | −14.0% | 11-02-2026 | 31-03-2026 | Not yet | -- | −9.4% |
| Parag Parikh Large Cap Fund (Direct) | −13.8% | 11-02-2026 | 30-03-2026 | Not yet | -- | −9.0% |
| Nifty 100 TRI | −13.9% | 11-02-2026 | 30-03-2026 | Not yet | -- | −9.1% |
From daily values since 06-02-2026, the first day every fund has.
ICICI Prudential Nifty 100 ETF vs Parag Parikh Large Cap: Portfolio Overlap
From each fund's latest monthly portfolio: ICICI Prudential Nifty 100 ETF, September 2026; Parag Parikh Large Cap Fund, September 2026
Holdings in common
- Overlap
- 99.3%
- Held by both
- 100
- Only in ICICI Prudential Nifty 100 ETF
- 0
- Only in Parag Parikh Large Cap
- 2
| Security | % of ICICI Prudential Nifty 100 ETF | % of Parag Parikh Large Cap |
|---|---|---|
| HDFC Bank Ltd. | 8.41% | 8.36% |
| ICICI Bank Ltd. | 7.34% | 7.30% |
| Reliance Industries Ltd. | 6.15% | 6.18% |
| Bharti Airtel Ltd. | 4.14% | 4.14% |
| Larsen & Toubro Ltd. | 3.41% | 3.39% |
| State Bank Of India | 3.07% | 3.06% |
| Axis Bank Ltd. | 2.73% | 2.71% |
| Infosys Ltd. | 2.72% | 2.70% |
| Kotak Mahindra Bank Ltd. | 2.38% | 2.37% |
| Mahindra & Mahindra Ltd. | 2.04% | 2.03% |
| Bajaj Finance Ltd. | 2.03% | 2.01% |
| ITC Ltd. | 1.96% | 1.95% |
| Eternal Ltd. | 1.80% | 1.78% |
| Tata Consultancy Services Ltd. | 1.62% | 1.61% |
| Sun Pharmaceutical Industries Ltd. | 1.49% | 1.48% |
| Titan Company Ltd. | 1.47% | 1.46% |
| Hindustan Unilever Ltd. | 1.29% | 1.28% |
| Maruti Suzuki India Ltd. | 1.20% | 1.20% |
| NTPC Ltd. | 1.19% | 1.18% |
| Tata Steel Ltd. | 1.18% | 1.17% |
| Adani Ports and Special Economic Zone Ltd. | 1.09% | 1.09% |
| Bharat Electronics Ltd. | 1.08% | 1.07% |
| Shriram Finance Ltd. | 1.07% | 1.06% |
| Hindalco Industries Ltd. | 1.06% | 1.05% |
| Ultratech Cement Ltd. | 1.00% | 1.00% |
| HCL Technologies Ltd. | 1.00% | 1.00% |
| BSE Ltd. | 0.98% | 0.97% |
| JSW Steel Ltd. | 0.93% | 0.93% |
| Bajaj Auto Ltd. | 0.92% | 0.93% |
| Divi's Laboratories Ltd. | 0.91% | 0.91% |
| Power Grid Corporation Of India Ltd. | 0.91% | 0.91% |
| Grasim Industries Ltd. | 0.89% | 0.89% |
| Interglobe Aviation Ltd. | 0.87% | 0.87% |
| Asian Paints Ltd. | 0.84% | 0.84% |
| Coal India Ltd. | 0.79% | 0.78% |
| Bajaj Finserv Ltd. | 0.78% | 0.77% |
| Adani Enterprises Ltd. | 0.76% | 0.77% |
| Eicher Motors Ltd. | 0.76% | 0.76% |
| Tech Mahindra Ltd. | 0.75% | 0.75% |
| TVS Motor Company Ltd. | 0.75% | 0.74% |
| Nestle India Ltd. | 0.73% | 0.72% |
| Hindustan Aeronautics Ltd. | 0.69% | 0.68% |
| TML Commercial Vehicles Ltd. | 0.68% | 0.68% |
| Oil & Natural Gas Corporation Ltd. | 0.68% | 0.68% |
| Trent Ltd. | 0.68% | 0.67% |
| Adani Power Ltd. | 0.66% | 0.65% |
| Apollo Hospitals Enterprise Ltd. | 0.65% | 0.65% |
| SBI Life Insurance Company Ltd. | 0.59% | 0.59% |
| Cipla Ltd. | 0.59% | 0.58% |
| Dr. Reddy's Laboratories Ltd. | 0.58% | 0.58% |
| Samvardhana Motherson International Ltd. | 0.56% | 0.56% |
| Jio Financial Services Ltd | 0.55% | 0.55% |
| Vedanta Aluminium Metal Ltd. | 0.54% | 0.55% |
| Torrent Pharmaceuticals Ltd. | 0.55% | 0.54% |
| Cholamandalam Investment And Finance Company Ltd. | 0.54% | 0.54% |
| MAX Healthcare Institute Ltd | 0.54% | 0.53% |
| Cummins India Ltd. | 0.50% | 0.50% |
| Tata Consumer Products Ltd. | 0.48% | 0.48% |
| Avenue Supermarts Ltd. | 0.47% | 0.47% |
| Bharat Petroleum Corporation Ltd. | 0.47% | 0.47% |
| Tata Power Company Ltd. | 0.47% | 0.46% |
| Tata Motors Passenger Vehicles Ltd. | 0.46% | 0.46% |
| Varun Beverages Ltd. | 0.46% | 0.46% |
| CG Power and Industrial Solutions Ltd. | 0.45% | 0.45% |
| Britannia Industries Ltd. | 0.44% | 0.44% |
| HDFC Life Insurance Company Ltd. | 0.43% | 0.43% |
| Indian Oil Corporation Ltd. | 0.39% | 0.39% |
| Solar Industries India Ltd. | 0.37% | 0.37% |
| Power Finance Corporation Ltd. | 0.37% | 0.37% |
| Bajaj Holdings & Investment Ltd. | 0.36% | 0.36% |
| HDFC Asset Management Company Ltd. | 0.36% | 0.36% |
| GAIL (India) Ltd. | 0.36% | 0.35% |
| Vedanta Ltd. | 0.35% | 0.35% |
| Pidilite Industries Ltd. | 0.35% | 0.35% |
| DLF Ltd. | 0.33% | 0.33% |
| Wipro Ltd. | 0.33% | 0.33% |
| Adani Energy Solutions Ltd. | 0.33% | 0.33% |
| Adani Green Energy Ltd. | 0.33% | 0.33% |
| Polycab India Ltd. | 0.33% | 0.33% |
| Bank Of Baroda | 0.33% | 0.33% |
| Jindal Steel Ltd. | 0.33% | 0.32% |
| Bosch Ltd. | 0.32% | 0.31% |
| Canara Bank | 0.31% | 0.31% |
| Punjab National Bank | 0.30% | 0.30% |
| Hitachi Energy India Ltd. | 0.30% | 0.30% |
| LTIMindtree Ltd. | 0.29% | 0.29% |
| Vodafone Idea Ltd. | 0.28% | 0.27% |
| ABB India Ltd. | 0.28% | 0.27% |
| Godrej Consumer Products Ltd. | 0.26% | 0.26% |
| Union Bank Of India | 0.26% | 0.25% |
| Siemens Ltd. | 0.25% | 0.25% |
| Muthoot Finance Ltd. | 0.23% | 0.23% |
| Hyundai Motor India Ltd. | 0.22% | 0.22% |
| Zydus Lifesciences Ltd. | 0.22% | 0.22% |
| SIEMENS ENERGY INDIA LTD | 0.22% | 0.22% |
| Hindustan Zinc Ltd. | 0.21% | 0.21% |
| Tata Capital Ltd. | 0.14% | 0.14% |
| Indian Railway Finance Corporation Ltd. | 0.14% | 0.14% |
| Mazagon Dock Shipbuilders Ltd | 0.12% | 0.12% |
| Ambuja Cements Ltd. | 0.18% | 0.03% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 99.3% means 99.3% 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 Nifty 100 ETF
Every holding of this fund is also held by the other.
Largest holdings only in Parag Parikh Large Cap Fund
| Security | % of fund |
|---|---|
| Orient Cement Limited | 0.15% |
| Parag Parikh Liquid Fund- Direct Plan- Growth | 0.06% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | ICICI Prudential Nifty 100 ETF | Parag Parikh Large Cap |
|---|---|---|
| Equity | 100.0% | 99.5% |
| Debt | 0.0% | 0.0% |
| Cash and others | 0.0% | 0.5% |
Market cap of stocks
| Market cap | ICICI Prudential Nifty 100 ETF | Parag Parikh Large Cap |
|---|---|---|
| Large Cap | 98.0% | 97.4% |
| Mid Cap | 2.0% | 2.0% |
| Small Cap | 0.0% | 0.1% |
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 Nifty 100 ETF | Parag Parikh Large Cap |
|---|---|---|
| Banks | 25.1% | 25.0% |
| Petroleum Products | 7.0% | 7.0% |
| It - Software | 6.7% | 0.0% |
| IT - Software | 0.0% | 6.7% |
| Automobiles | 6.4% | 6.3% |
| Finance | 6.2% | 6.2% |
| Telecom - Services | 4.4% | 4.4% |
The six largest sectors of each fund's stocks, % of the fund.
ICICI Prudential Nifty 100 ETF vs Parag Parikh Large Cap: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | ICICI Prudential Nifty 100 ETF | Parag Parikh Large Cap Fund |
|---|---|---|
| Total expense ratio (Direct) | Not available | 0.32% |
| Base expense ratio (Direct) | 0.00% | 0.14% |
| Total expense ratio (Regular) | Not available | 0.72% |
| Base expense ratio (Regular) | 0.41% | 0.48% |
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 Nifty 100 ETF vs Parag Parikh Large Cap Fund: Frequently Asked Questions
What is the difference between ICICI Prudential Nifty 100 ETF and Parag Parikh Large Cap Fund?
ICICI Prudential Nifty 100 ETF is an ETF fund, Parag Parikh Large Cap Fund is a Large Cap fund, run by ICICI Prudential Mutual Fund and PPFAS Mutual Fund. Their portfolios overlap 99.3%. ICICI Prudential Nifty 100 ETF charges 0.50% a year and Parag Parikh Large Cap Fund 0.32%.
Which has the lower expense ratio, ICICI Prudential Nifty 100 ETF or Parag Parikh Large Cap Fund?
Parag Parikh Large Cap Fund charges less: 0.32% a year against 0.50%. These are the total expense ratios reported to AMFI.
How much do ICICI Prudential Nifty 100 ETF and Parag Parikh Large Cap Fund overlap?
99.3%. They hold 100 of the same securities, the largest shared ones being HDFCBANK, ICICIBANK, RELIANCE. From each fund's latest monthly portfolio.
Which is riskier, ICICI Prudential Nifty 100 ETF or Parag Parikh Large Cap Fund?
On SEBI's riskometer, ICICI Prudential Nifty 100 ETF is rated Very High and Parag Parikh Large Cap Fund Very High. Over their common history, the standard deviation of daily returns was 15.70% and 15.01% a year.
Can I invest in both ICICI Prudential Nifty 100 ETF and Parag Parikh Large Cap Fund?
Yes. 99.3% of each fund's money sits in the same holdings, so a large part of the two investments would move together.
Who manages ICICI Prudential Nifty 100 ETF and Parag Parikh Large Cap Fund?
ICICI Prudential Nifty 100 ETF: Nishit Patel, Ajaykumar Solanki, Ashwini Bharucha, Venus Ahuja. Parag Parikh Large Cap Fund: Rajeev Thakkar, Rukun Tarachandani, Raj Mehta, Raunak Onkar, Tejas Soman, Aishwarya Dhar.
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.