ICICI Prudential Nifty FMCG ETF vs Motilal Oswal Nifty MNC ETF
Direct Plan where a fund has one, Growth option · Data as on 30-10-2026
ICICI Prudential Nifty FMCG ETF is an ETF fund and Motilal Oswal Nifty MNC ETF is an ETF fund. ICICI Prudential Nifty FMCG ETF charges 0.21% a year and Motilal Oswal Nifty MNC ETF 0.62%. Their portfolios overlap 30.7%: they hold 6 of the same securities.
Which is better, ICICI Prudential Nifty FMCG ETF 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.
- ICICI Prudential Nifty FMCG ETF costs less: 0.21% a year against 0.62%.
- Motilal Oswal Nifty MNC ETF fell less in its worst fall since 04-12-2025: −18.0% against −22.6%.
- ICICI Prudential Nifty FMCG ETF holds more in large companies: 79.2% of the fund in large caps against 65.8%.
- ICICI Prudential Nifty FMCG ETF is the larger fund: ₹757 Cr against ₹2 Cr.
- Their portfolios overlap 30.7%: 6 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 FMCG ETF | Motilal Oswal Nifty MNC ETF |
|---|---|---|
| Fund house | ICICI Prudential Mutual Fund | Motilal Oswal Mutual Fund |
| Category | ETF | ETF |
| AUM | ₹757 Cr (30-09-2026) | ₹2 Cr (30-09-2026) |
| NAV | ₹46.87 | ₹28.40 |
| Expense ratio (Direct) | Not available | Not available |
| Expense ratio (Regular) | Not available | Not available |
| Riskometer | Not available | Very High |
| Benchmark | Nifty FMCG TRI | Nifty MNC TRI |
| Launch date | 05-08-2021 | 01-12-2025 |
| 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 | 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 | None | None |
| Fund managers | Nishit Patel, Ajaykumar Solanki, Ashwini Shinde | Swapnil Mayekar, Dishant Mehta, Rakesh Shetty |
| Exit load | Not available | Nil |
ICICI Prudential Nifty FMCG ETF 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 Nifty FMCG ETF | −2.03% | −12.08% | −14.19% | −22.02% | −3.85% | +4.12% | -- |
| Motilal Oswal Nifty MNC ETF | −6.25% | −13.22% | −10.47% | -- | -- | -- | -- |
ICICI Prudential Nifty FMCG ETF vs Motilal Oswal Nifty MNC ETF: Year-wise Returns
| Year | ICICI Prudential Nifty FMCGICICI Prudential Nifty FMCG ETF | Motilal Oswal Nifty MNCMotilal Oswal Nifty MNC ETF |
|---|---|---|
| 2026to date | −20.94% | −6.51% |
| 2025 | −0.65% | -- |
| 2024 | +1.34% | -- |
| 2023 | +30.48% | -- |
| 2022 | +19.78% | -- |
ICICI Prudential Nifty FMCG ETF vs Motilal Oswal Nifty MNC ETF: Rolling Returns
Every holding period of both funds, against Nifty FMCG TRI, the benchmark of ICICI Prudential Nifty FMCG ETF
ICICI Prudential Nifty FMCG ETF 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 Nifty FMCG ETF | Motilal Oswal Nifty MNC ETF |
|---|---|---|
| Return (CAGR) | +4.80% | −6.14% |
| Standard deviation | 13.98% | 16.17% |
| Sharpe ratio | -0.06 | -0.70 |
| Sortino ratio | -0.09 | -0.91 |
| Maximum drawdown | −34.0% (23-10-2026) | −18.0% (23-10-2026) |
| Beta | 1.00 | 1.00 |
| Alpha | −0.23% | −0.68% |
From daily NAVs, 06-08-2021 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 FMCG ETF
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 Nifty FMCG ETF | −22.6% | 31-12-2025 | 23-10-2026 | Not yet | -- | −20.9% |
| 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 Nifty FMCG ETF vs Motilal Oswal Nifty MNC ETF: Portfolio Overlap
From each fund's latest monthly portfolio: ICICI Prudential Nifty FMCG ETF, September 2026; Motilal Oswal Nifty MNC ETF, September 2026
Holdings in common
- Overlap
- 30.7%
- Held by both
- 6
- Only in ICICI Prudential Nifty FMCG ETF
- 9
- Only in Motilal Oswal Nifty MNC ETF
- 24
| Security | % of ICICI Prudential Nifty FMCG ETF | % of Motilal Oswal Nifty MNC ETF |
|---|---|---|
| Hindustan Unilever Ltd. | 18.20% | 9.93% |
| Nestle India Ltd. | 10.25% | 8.76% |
| Britannia Industries Ltd. | 6.21% | 5.29% |
| United Spirits Ltd. | 4.37% | 3.73% |
| Colgate - Palmolive (India) Ltd. | 2.54% | 2.17% |
| United Breweries Ltd. | 0.91% | 0.78% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 30.7% means 30.7% 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 FMCG ETF
| Security | % of fund |
|---|---|
| ITC Ltd. | 27.65% |
| Tata Consumer Products Ltd. | 6.75% |
| Varun Beverages Ltd. | 6.45% |
| Marico Ltd. | 4.55% |
| Radico Khaitan Ltd. | 3.74% |
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 Nifty FMCG ETF | Motilal Oswal Nifty MNC ETF |
|---|---|---|
| Equity | 100.0% | 99.7% |
| Debt | 0.0% | 0.0% |
| Cash and others | 0.0% | 0.3% |
Market cap of stocks
| Market cap | ICICI Prudential Nifty FMCG ETF | Motilal Oswal Nifty MNC ETF |
|---|---|---|
| Large Cap | 79.2% | 65.8% |
| Mid Cap | 20.8% | 27.8% |
| Small Cap | 0.0% | 6.0% |
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 Nifty FMCG ETF | Motilal Oswal Nifty MNC ETF |
|---|---|---|
| Diversified Fmcg | 45.8% | 0.0% |
| Food Products | 16.5% | 14.1% |
| Beverages | 15.5% | 4.5% |
| Automobiles | 0.0% | 12.8% |
| Agricultural Food & Other Products | 12.7% | 0.0% |
| Electrical Equipment | 0.0% | 12.7% |
| Diversified FMCG | 0.0% | 9.9% |
| Personal Products | 8.7% | 2.2% |
| Industrial Products | 0.0% | 7.0% |
| Non - Ferrous Metals | 0.0% | 6.5% |
| Cigarettes & Tobacco Products | 0.8% | 0.0% |
The six largest sectors of each fund's stocks, % of the fund.
ICICI Prudential Nifty FMCG ETF vs Motilal Oswal Nifty MNC ETF: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | ICICI Prudential Nifty FMCG ETF | Motilal Oswal Nifty MNC ETF |
|---|---|---|
| Base expense ratio (Direct) | 0.00% | 0.00% |
| Base expense ratio (Regular) | 0.17% | 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.
ICICI Prudential Nifty FMCG ETF vs Motilal Oswal Nifty MNC ETF: Frequently Asked Questions
What is the difference between ICICI Prudential Nifty FMCG ETF and Motilal Oswal Nifty MNC ETF?
ICICI Prudential Nifty FMCG ETF is an ETF fund, Motilal Oswal Nifty MNC ETF is an ETF fund, run by ICICI Prudential Mutual Fund and Motilal Oswal Mutual Fund. Their portfolios overlap 30.7%. ICICI Prudential Nifty FMCG ETF charges 0.21% a year and Motilal Oswal Nifty MNC ETF 0.62%.
Which has the lower expense ratio, ICICI Prudential Nifty FMCG ETF or Motilal Oswal Nifty MNC ETF?
ICICI Prudential Nifty FMCG ETF charges less: 0.21% a year against 0.62%. These are the total expense ratios reported to AMFI.
How much do ICICI Prudential Nifty FMCG ETF and Motilal Oswal Nifty MNC ETF overlap?
30.7%. They hold 6 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 Nifty FMCG ETF and Motilal Oswal Nifty MNC ETF?
Yes. 30.7% of each fund's money sits in the same holdings, so some of the two investments would move together.
Who manages ICICI Prudential Nifty FMCG ETF and Motilal Oswal Nifty MNC ETF?
ICICI Prudential Nifty FMCG ETF: Nishit Patel, Ajaykumar Solanki, Ashwini Shinde. Motilal Oswal Nifty MNC ETF: Swapnil Mayekar, Dishant Mehta, Rakesh Shetty.
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.