ICICI Prudential Nifty India Consumption ETF vs Kotak Consumption Fund
Direct Plan where a fund has one, Growth option · Data as on 30-10-2026
ICICI Prudential Nifty India Consumption ETF is an ETF fund and Kotak Consumption Fund is a Thematic fund. In the year to 30-10-2026, ICICI Prudential Nifty India Consumption ETF returned −10.8% and Kotak Consumption Fund (Direct) returned −8.9%. ICICI Prudential Nifty India Consumption ETF charges 0.22% a year and Kotak Consumption Fund 0.84%. Their portfolios overlap 35.1%: they hold 11 of the same securities.
ICICI Prudential Nifty India Consumption ETF
ETF
- 1 year return
- −10.8%
- Expense ratio
- 0.22%
- NAV
- ₹115.07
Kotak Consumption Fund
Thematic
- 1 year return
- −8.9%
- Expense ratio
- 0.84%
- NAV
- ₹13.88
Which is better, ICICI Prudential Nifty India Consumption ETF or Kotak Consumption? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Kotak Consumption returned more over 1 year: −8.9% against −10.8%.
- ICICI Prudential Nifty India Consumption ETF costs less: 0.22% a year against 0.84%.
- Kotak Consumption fell less in its worst fall since 22-11-2023: −20.6% against −21.9%.
- ICICI Prudential Nifty India Consumption ETF holds more in large companies: 88.1% of the fund in large caps against 38.7%.
- Kotak Consumption is the larger fund: ₹1,660 Cr against ₹52 Cr.
- Their portfolios overlap 35.1%: 11 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 India Consumption ETF | Kotak Consumption Fund |
|---|---|---|
| Fund house | ICICI Prudential Mutual Fund | Kotak Mahindra Mutual Fund |
| Category | ETF | Thematic |
| AUM | ₹52 Cr (30-09-2026) | ₹1,660 Cr (30-09-2026) |
| NAV | ₹115.07 | ₹13.88 (Direct) |
| Expense ratio (Direct) | Not available | 0.84% |
| Expense ratio (Regular) | Not available | 2.30% |
| Riskometer | Not available | Very High |
| Benchmark | Nifty India Consumption TRI | Nifty India Consumption TRI |
| Launch date | 28-10-2021 | 16-11-2023 |
| 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 | ₹100 |
| Lock in | None | None |
| Fund managers | Nishit Patel, Ashwini Bharucha, Venus Ahuja | Devender Singhal, Abhishek Bisen |
| Exit load | NIL There will be no exit load for units sold through the secondary market on the stock exchanges where the Scheme will be listed. | 0.5% for redemption within 90 Days |
ICICI Prudential Nifty India Consumption ETF vs Kotak Consumption: 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 India Consumption ETF | +0.15% | −8.15% | −2.37% | −10.78% | +10.75% | +10.32% | -- |
| Kotak Consumption Fund (Direct) | −2.55% | −6.95% | −0.24% | −8.86% | -- | -- | -- |
| 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 India Consumption ETF vs Kotak Consumption: Year-wise Returns
| Year | ICICI Prudential Nifty India Consumption ETFICICI Prudential Nifty India Consumption ETF | Kotak ConsumptionKotak Consumption | Nifty India Consumption TRI |
|---|---|---|---|
| 2026to date | −9.27% | −7.00% | −9.10% |
| 2025 | +8.98% | +8.69% | +9.22% |
| 2024 | +19.43% | +28.55% | +19.77% |
| 2023 | +27.65% | -- | +27.96% |
| 2022 | +8.30% | -- | +8.53% |
ICICI Prudential Nifty India Consumption ETF vs Kotak Consumption: Rolling Returns
Every holding period of both funds, against Nifty India Consumption TRI, the benchmark of both
Rolling returns
Every 1-year holding period, 480 of them, one for each trading day from 22-11-2024 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 India Consumption ETF
Kotak Consumption Fund (Direct)
Nifty India Consumption TRI
to
Jan 2025May 2024
to
May 2025Sept 2024
to
Sept 2025Jan 2025
to
Jan 2026May 2025
to
May 2026Sept 2025
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 Nifty India Consumption ETF | 24.0 | 26.3 | 26.9 | 13.1 | 3.8 | 2.3 | 3.8 | 5.5% | 4.8% | −14.4% | 31.4% | 0% |
| Kotak Consumption | 10.0 | 23.0 | 29.3 | 13.2 | 12.1 | 4.0 | 8.4 | 9.8% | 7.6% | −11.8% | 36.7% | 91% |
| Nifty India Consumption TRI | 21.7 | 27.9 | 26.3 | 14.0 | 3.3 | 2.9 | 4.0 | 5.8% | 5.1% | −14.2% | 31.7% | -- |
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 India Consumption 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 22-11-2023. Past returns do not promise future returns.
ICICI Prudential Nifty India Consumption ETF vs Kotak Consumption: 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 01-11-2023 to 30-10-2026: 36 instalments, ₹3,60,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| ICICI Prudential Nifty India Consumption ETFICICI Prudential Nifty India Consumption ETF | ₹3,60,000 | ₹3,64,378 | ₹4,378 | 0.8% |
| Kotak ConsumptionKotak Consumption Fund (Direct) | ₹3,60,000 | ₹3,83,724 | ₹23,724 | 4.2% |
ICICI Prudential Nifty India Consumption ETFICICI Prudential Nifty India Consumption ETF
Kotak ConsumptionKotak Consumption 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 India Consumption ETF vs Kotak Consumption: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | ICICI Prudential Nifty India Consumption ETF | Kotak Consumption Fund (Direct) |
|---|---|---|
| Return (CAGR) | −10.78% | −8.86% |
| Standard deviation | 15.10% | 15.72% |
| Sharpe ratio | -1.06 | -0.90 |
| Sortino ratio | -1.39 | -1.19 |
| Maximum drawdown | −17.3% (31-03-2026) | −17.4% (23-03-2026) |
| Beta | 1.00 | 0.95 |
| Alpha | −0.21% | +0.88% |
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 India Consumption ETF | Kotak Consumption Fund (Direct) |
|---|---|---|
| Return (CAGR) | +10.31% | +11.70% |
| Standard deviation | 13.92% | 14.09% |
| Sharpe ratio | 0.32 | 0.40 |
| Sortino ratio | 0.45 | 0.57 |
| Maximum drawdown | −21.9% (04-03-2025) | −20.6% (04-03-2025) |
| Beta | 1.00 | 0.91 |
| Alpha | −0.26% | +2.76% |
From daily NAVs, 29-10-2021 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 India Consumption ETF
Kotak Consumption Fund (Direct)
Nifty India Consumption TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| ICICI Prudential Nifty India Consumption ETF | −21.9% | 26-09-2024 | 04-03-2025 | Not yet | -- | −13.8% |
| Kotak Consumption Fund (Direct) | −20.6% | 23-09-2024 | 04-03-2025 | 17-10-2025 | 7 months | −9.2% |
| Nifty India Consumption TRI | −21.9% | 26-09-2024 | 04-03-2025 | Not yet | -- | −13.4% |
From daily values since 22-11-2023, 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 India Consumption ETF
Kotak Consumption Fund (Direct)
Nifty India Consumption TRI
Against Nifty India Consumption TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| ICICI Prudential Nifty India Consumption ETF | 99% | 100% | 0.03% |
| Kotak Consumption Fund (Direct) | 99% | 83% | 5.77% |
From month-end values since 22-11-2023. 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 India Consumption ETF vs Kotak Consumption: Portfolio Overlap
From each fund's latest monthly portfolio: ICICI Prudential Nifty India Consumption ETF, September 2026; Kotak Consumption Fund, September 2026
Holdings in common
- Overlap
- 35.1%
- Held by both
- 11
- Only in ICICI Prudential Nifty India Consumption ETF
- 19
- Only in Kotak Consumption
- 35
| Security | % of ICICI Prudential Nifty India Consumption ETF | % of Kotak Consumption |
|---|---|---|
| Eternal Ltd. | 7.21% | 7.87% |
| Bharti Airtel Ltd. | 10.14% | 6.56% |
| Maruti Suzuki India Ltd. | 4.84% | 6.98% |
| Hindustan Unilever Ltd. | 5.18% | 3.51% |
| ITC Ltd. | 7.87% | 3.42% |
| Hero Motocorp Ltd. | 2.11% | 5.31% |
| Mahindra & Mahindra Ltd. | 8.19% | 1.78% |
| Britannia Industries Ltd. | 1.77% | 3.08% |
| Eicher Motors Ltd. | 3.07% | 1.61% |
| United Spirits Ltd. | 1.24% | 1.41% |
| Godrej Consumer Products Ltd. | 1.06% | 1.42% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 35.1% means 35.1% 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 India Consumption ETF
| Security | % of fund |
|---|---|
| Titan Company Ltd. | 5.89% |
| Bajaj Auto Ltd. | 3.69% |
| Interglobe Aviation Ltd. | 3.51% |
| Asian Paints Ltd. | 3.37% |
| TVS Motor Company Ltd. | 3.00% |
Largest holdings only in Kotak Consumption Fund
| Security | % of fund |
|---|---|
| PARK MEDI WORLD LIMITED (PARK HOSPITAL) | 3.24% |
| Barbeque Nation Hospitality Ltd. | 3.16% |
| Ami Organics Ltd | 3.15% |
| MIDWEST LTD | 2.42% |
| GREENPANEL INDUSTRIES LTD | 2.35% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | ICICI Prudential Nifty India Consumption ETF | Kotak Consumption |
|---|---|---|
| Equity | 100.0% | 100.1% |
| Debt | 0.0% | 0.0% |
| Cash and others | 0.0% | -0.1% |
Market cap of stocks
| Market cap | ICICI Prudential Nifty India Consumption ETF | Kotak Consumption |
|---|---|---|
| Large Cap | 88.1% | 38.7% |
| Mid Cap | 11.9% | 13.4% |
| Small Cap | 0.0% | 44.8% |
| Not on AMFI's list | 0.0% | 3.2% |
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 India Consumption ETF | Kotak Consumption |
|---|---|---|
| Automobiles | 24.9% | 17.9% |
| Pharmaceuticals and Biotechnology | 0.0% | 15.0% |
| Consumer Durables | 11.0% | 13.6% |
| Retailing | 13.3% | 10.9% |
| Diversified Fmcg | 13.1% | 0.0% |
| Telecom - Services | 10.1% | 6.6% |
| Diversified FMCG | 0.0% | 6.9% |
| Healthcare Services | 6.0% | 4.3% |
The six largest sectors of each fund's stocks, % of the fund.
ICICI Prudential Nifty India Consumption ETF vs Kotak Consumption: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | ICICI Prudential Nifty India Consumption ETF | Kotak Consumption Fund |
|---|---|---|
| Total expense ratio (Direct) | Not available | 0.84% |
| Base expense ratio (Direct) | 0.00% | 0.56% |
| Total expense ratio (Regular) | Not available | 2.30% |
| Base expense ratio (Regular) | 0.17% | 1.79% |
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 India Consumption ETF vs Kotak Consumption Fund: Frequently Asked Questions
What is the difference between ICICI Prudential Nifty India Consumption ETF and Kotak Consumption Fund?
ICICI Prudential Nifty India Consumption ETF is an ETF fund, Kotak Consumption Fund is a Thematic fund, run by ICICI Prudential Mutual Fund and Kotak Mahindra Mutual Fund. Their portfolios overlap 35.1%. ICICI Prudential Nifty India Consumption ETF charges 0.22% a year and Kotak Consumption Fund 0.84%.
Which has given higher returns, ICICI Prudential Nifty India Consumption ETF or Kotak Consumption Fund?
Over 1 year: ICICI Prudential Nifty India Consumption ETF −10.78%, Kotak Consumption Fund −8.86%. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, ICICI Prudential Nifty India Consumption ETF or Kotak Consumption Fund?
ICICI Prudential Nifty India Consumption ETF charges less: 0.22% a year against 0.84%. These are the total expense ratios reported to AMFI.
How much do ICICI Prudential Nifty India Consumption ETF and Kotak Consumption Fund overlap?
35.1%. They hold 11 of the same securities, the largest shared ones being ETERNAL, BHARTIARTL, MARUTI. From each fund's latest monthly portfolio.
Can I invest in both ICICI Prudential Nifty India Consumption ETF and Kotak Consumption Fund?
Yes. 35.1% of each fund's money sits in the same holdings, so some of the two investments would move together.
Who manages ICICI Prudential Nifty India Consumption ETF and Kotak Consumption Fund?
ICICI Prudential Nifty India Consumption ETF: Nishit Patel, Ashwini Bharucha, Venus Ahuja. Kotak Consumption Fund: Devender Singhal, Abhishek Bisen.
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.