ICICI Prudential Nifty EV & New Age Automotive ETF vs SBI Automotive Opportunities Fund
Direct Plan where a fund has one, Growth option · Data as on 30-10-2026
ICICI Prudential Nifty EV & New Age Automotive ETF is a mutual fund and SBI Automotive Opportunities Fund is a Thematic fund. In the year to 30-10-2026, ICICI Prudential Nifty EV & New Age Automotive ETF returned −6.3% and SBI Automotive Opportunities Fund (Direct) returned 17.4%. ICICI Prudential Nifty EV & New Age Automotive ETF charges 0.50% a year and SBI Automotive Opportunities Fund 1.01%. Their portfolios overlap 47.2%: they hold 17 of the same securities.
ICICI Prudential Nifty EV & New Age Automotive ETF
- 1 year return
- −6.3%
- Expense ratio
- 0.50%
- NAV
- ₹29.25
SBI Automotive Opportunities Fund
Thematic
- 1 year return
- 17.4%
- Expense ratio
- 1.01%
- NAV
- ₹12.90
Which is better, ICICI Prudential Nifty EV & New Age Automotive ETF or SBI Automotive Opportunities? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- SBI Automotive Opportunities returned more over 1 year: 17.4% against −6.3%.
- ICICI Prudential Nifty EV & New Age Automotive ETF costs less: 0.50% a year against 1.01%.
- SBI Automotive Opportunities fell less in its worst fall since 08-04-2025: −13.5% against −17.9%.
- SBI Automotive Opportunities is the larger fund: ₹6,071 Cr against ₹75 Cr.
- Their portfolios overlap 47.2%: 17 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 EV & New Age Automotive ETF | SBI Automotive Opportunities Fund |
|---|---|---|
| Fund house | ICICI Prudential Mutual Fund | SBI Mutual Fund |
| Category | Not available | Thematic |
| AUM | ₹75 Cr (30-09-2026) | ₹6,071 Cr (30-09-2026) |
| NAV | ₹29.25 | ₹12.90 (Direct) |
| Expense ratio (Direct) | Not available | 1.01% |
| Expense ratio (Regular) | Not available | 2.00% |
| Riskometer | Not available | Very High |
| Benchmark | Not available | Nifty Auto TRI |
| Launch date | Not available | 05-06-2024 |
| Minimum investment | Not available | ₹5,000 |
| Lock in | Not available | None |
| Fund managers | Not available | Tanmaya Desai |
| Exit load | Not available | Exit load of 1%, if redeemed within 30 days. |
ICICI Prudential Nifty EV & New Age Automotive ETF vs SBI Automotive Opportunities: 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 EV & New Age Automotive ETF | −4.78% | −9.63% | −2.54% | −6.25% | -- | -- | -- |
| SBI Automotive Opportunities Fund (Direct) | −3.39% | −0.28% | +11.80% | +17.36% | -- | -- | -- |
| Thematic average | −2.09% | −4.52% | +0.86% | −1.22% | -- | -- | -- |
Category average: the average of the 235 Thematic funds, same plan type.
ICICI Prudential Nifty EV & New Age Automotive ETF vs SBI Automotive Opportunities: Year-wise Returns
| Year | ICICI Prudential Nifty EV & New Age Automotive ETFICICI Prudential Nifty EV & New Age Automotive ETF | SBI Automotive OpportunitiesSBI Automotive Opportunities |
|---|---|---|
| 2026to date | −7.33% | +11.76% |
| 2025 | -- | +22.14% |
ICICI Prudential Nifty EV & New Age Automotive ETF vs SBI Automotive Opportunities: Rolling Returns
Every holding period of both funds, against Nifty EV & New Age Automotive TRI, the benchmark of ICICI Prudential Nifty EV & New Age Automotive ETF
Rolling returns
Every 1-year holding period, 139 of them, one for each trading day from 08-04-2026 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 Nifty EV & New Age Automotive ETF
SBI Automotive Opportunities Fund (Direct)
Nifty EV & New Age Automotive TRI
to
Apr 2026May 2025
to
May 2026Jul 2025
to
Jul 2026Aug 2025
to
Aug 2026Sept 2025
to
Sept 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 Nifty EV & New Age Automotive ETF | 20.1 | 18.0 | 32.4 | 20.1 | 9.4 | 0.0 | 0.0 | 6.2% | 6.6% | −8.7% | 19.3% | 0% |
| SBI Automotive Opportunities | 0.0 | 0.0 | 0.0 | 2.1 | 13.6 | 23.6 | 60.7 | 27.1% | 26.3% | 12.2% | 42.7% | 100% |
| Nifty EV & New Age Automotive TRI | 17.3 | 15.8 | 34.5 | 23.0 | 9.4 | 0.0 | 0.0 | 6.8% | 7.2% | −8.2% | 19.9% | -- |
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 EV & New Age Automotive 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 08-04-2025. Past returns do not promise future returns.
ICICI Prudential Nifty EV & New Age Automotive ETF vs SBI Automotive Opportunities: 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 08-04-2025 to 30-10-2026: 19 instalments, ₹1,90,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| ICICI Prudential Nifty EV & New Age Automotive ETFICICI Prudential Nifty EV & New Age Automotive ETF | ₹1,90,000 | ₹1,86,316 | −₹3,684 | −2.3% |
| SBI Automotive OpportunitiesSBI Automotive Opportunities Fund (Direct) | ₹1,90,000 | ₹2,23,793 | ₹33,793 | 21.3% |
ICICI Prudential Nifty EV & New Age Automotive ETFICICI Prudential Nifty EV & New Age Automotive ETF
SBI Automotive OpportunitiesSBI Automotive Opportunities 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 Nifty EV & New Age Automotive ETF vs SBI Automotive Opportunities: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | ICICI Prudential Nifty EV & New Age Automotive ETF | SBI Automotive Opportunities Fund (Direct) |
|---|---|---|
| Return (CAGR) | −6.25% | +17.36% |
| Standard deviation | 18.62% | 19.22% |
| Sharpe ratio | -0.62 | 0.63 |
| Sortino ratio | -0.84 | 0.90 |
| Maximum drawdown | −17.9% (31-03-2026) | −13.5% (23-03-2026) |
| Beta | 1.00 | 0.85 |
| Alpha | −0.56% | +20.19% |
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 Nifty EV & New Age Automotive ETF | SBI Automotive Opportunities Fund (Direct) |
|---|---|---|
| Return (CAGR) | +11.15% | +9.54% |
| Standard deviation | 17.52% | 17.80% |
| Sharpe ratio | 0.33 | 0.21 |
| Sortino ratio | 0.48 | 0.30 |
| Maximum drawdown | −17.9% (31-03-2026) | −29.2% (07-04-2025) |
| Beta | 1.00 | 0.85 |
| Alpha | −0.58% | +7.49% |
From daily NAVs, 08-04-2025 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.
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 EV & New Age Automotive ETF
SBI Automotive Opportunities Fund (Direct)
Nifty EV & New Age Automotive TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| ICICI Prudential Nifty EV & New Age Automotive ETF | −17.9% | 02-01-2026 | 31-03-2026 | 29-07-2026 | 4 months | −14.6% |
| SBI Automotive Opportunities Fund (Direct) | −13.5% | 26-02-2026 | 23-03-2026 | 07-05-2026 | 45 days | −8.7% |
| Nifty EV & New Age Automotive TRI | −17.8% | 02-01-2026 | 30-03-2026 | 29-07-2026 | 4 months | −14.5% |
From daily values since 08-04-2025, 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 Nifty EV & New Age Automotive ETF
SBI Automotive Opportunities Fund (Direct)
Nifty EV & New Age Automotive TRI
Against Nifty EV & New Age Automotive TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| ICICI Prudential Nifty EV & New Age Automotive ETF | 99% | 101% | 0.07% |
| SBI Automotive Opportunities Fund (Direct) | 139% | 72% | 5.76% |
From month-end values since 08-04-2025. 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 Nifty EV & New Age Automotive ETF vs SBI Automotive Opportunities: Portfolio Overlap
From each fund's latest monthly portfolio: ICICI Prudential Nifty EV & New Age Automotive ETF, September 2026; SBI Automotive Opportunities Fund, September 2026
Holdings in common
- Overlap
- 47.2%
- Held by both
- 17
- Only in ICICI Prudential Nifty EV & New Age Automotive ETF
- 20
- Only in SBI Automotive Opportunities
- 19
| Security | % of ICICI Prudential Nifty EV & New Age Automotive ETF | % of SBI Automotive Opportunities |
|---|---|---|
| Mahindra & Mahindra Ltd. | 7.97% | 12.15% |
| Sona Blw Precision Forgings Ltd. | 4.13% | 4.79% |
| Samvardhana Motherson International Ltd. | 4.04% | 4.30% |
| Maruti Suzuki India Ltd. | 8.13% | 3.84% |
| Sansera Engineering Ltd. | 3.99% | 3.59% |
| Bosch Ltd. | 4.00% | 3.49% |
| Eicher Motors Ltd. | 3.20% | 4.71% |
| TVS Motor Company Ltd. | 3.13% | 4.87% |
| TML Commercial Vehicles Ltd. | 2.86% | 3.75% |
| UNO Minda Ltd. | 3.94% | 2.54% |
| Bharat Forge Ltd. | 1.73% | 3.81% |
| Schaeffler India Ltd. | 3.19% | 1.54% |
| Motherson Sumi Wiring India Ltd. | 1.76% | 1.40% |
| ZF Commercial Vehicle Control Systems India Ltd | 2.16% | 1.23% |
| Hyundai Motor India Ltd. | 0.94% | 2.51% |
| Ather Energy LTD. | 0.88% | 3.00% |
| Bajaj Auto Ltd. | 3.85% | 0.72% |
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 Nifty EV & New Age Automotive ETF
| Security | % of fund |
|---|---|
| Reliance Industries Ltd. | 3.97% |
| CG Power and Industrial Solutions Ltd. | 3.95% |
| KEI Industries Ltd. | 3.91% |
| Exide Industries Ltd. | 3.82% |
| Gujarat Fluorochemicals Ltd. | 3.78% |
Largest holdings only in SBI Automotive Opportunities Fund
| Security | % of fund |
|---|---|
| Dhoot Transmission Ltd. | 3.43% |
| Sedemac Mechatronics Ltd. | 3.11% |
| Gabriel India Ltd. | 2.92% |
| Happy Forgings Ltd. | 2.86% |
| Craftsman Automation Ltd. | 2.23% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | ICICI Prudential Nifty EV & New Age Automotive ETF | SBI Automotive Opportunities |
|---|---|---|
| Equity | 100.0% | 97.0% |
| Debt | 0.0% | 0.1% |
| Cash and others | 0.0% | 2.9% |
Market cap of stocks
| Market cap | ICICI Prudential Nifty EV & New Age Automotive ETF | SBI Automotive Opportunities |
|---|---|---|
| Large Cap | 44.0% | 36.9% |
| Mid Cap | 29.1% | 19.4% |
| Small Cap | 26.9% | 37.4% |
| Not on AMFI's list | 0.0% | 3.4% |
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 EV & New Age Automotive ETF | SBI Automotive Opportunities |
|---|---|---|
| Auto Components | 35.5% | 54.7% |
| Automobiles | 32.9% | 31.8% |
| Chemicals & Petrochemicals | 9.0% | 0.0% |
| Industrial Products | 3.9% | 6.8% |
| Agricultural, Commercial & Construction Vehicles | 4.3% | 3.8% |
| Petroleum Products | 4.0% | 0.0% |
| Electrical Equipment | 4.0% | 0.0% |
The six largest sectors of each fund's stocks, % of the fund.
ICICI Prudential Nifty EV & New Age Automotive ETF vs SBI Automotive Opportunities: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | ICICI Prudential Nifty EV & New Age Automotive ETF | SBI Automotive Opportunities Fund |
|---|---|---|
| Total expense ratio (Direct) | Not available | 1.01% |
| Base expense ratio (Direct) | 0.00% | 0.72% |
| Total expense ratio (Regular) | Not available | 2.00% |
| Base expense ratio (Regular) | 0.38% | 1.58% |
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
Compare SBI Automotive Opportunities with
ICICI Prudential Nifty EV & New Age Automotive ETF vs SBI Automotive Opportunities Fund: Frequently Asked Questions
What is the difference between ICICI Prudential Nifty EV & New Age Automotive ETF and SBI Automotive Opportunities Fund?
ICICI Prudential Nifty EV & New Age Automotive ETF is a mutual fund, SBI Automotive Opportunities Fund is a Thematic fund, run by ICICI Prudential Mutual Fund and SBI Mutual Fund. Their portfolios overlap 47.2%. ICICI Prudential Nifty EV & New Age Automotive ETF charges 0.50% a year and SBI Automotive Opportunities Fund 1.01%.
Which has given higher returns, ICICI Prudential Nifty EV & New Age Automotive ETF or SBI Automotive Opportunities Fund?
Over 1 year: ICICI Prudential Nifty EV & New Age Automotive ETF −6.25%, SBI Automotive Opportunities Fund +17.36%. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, ICICI Prudential Nifty EV & New Age Automotive ETF or SBI Automotive Opportunities Fund?
ICICI Prudential Nifty EV & New Age Automotive ETF charges less: 0.50% a year against 1.01%. These are the total expense ratios reported to AMFI.
How much do ICICI Prudential Nifty EV & New Age Automotive ETF and SBI Automotive Opportunities Fund overlap?
47.2%. They hold 17 of the same securities, the largest shared ones being M&M, SONACOMS, MOTHERSON. From each fund's latest monthly portfolio.
Can I invest in both ICICI Prudential Nifty EV & New Age Automotive ETF and SBI Automotive Opportunities 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.