ICICI Prudential Nifty Infrastructure ETF vs Tata Nifty500 Multicap Infrastructure 50:30:20 Index Fund
Direct Plan where a fund has one, Growth option · Data as on 30-10-2026
ICICI Prudential Nifty Infrastructure ETF is an ETF fund and Tata Nifty500 Multicap Infrastructure 50:30:20 Index Fund is an Index fund. In the year to 30-10-2026, ICICI Prudential Nifty Infrastructure ETF returned −8.1% and Tata Nifty500 Multicap Infrastructure 50:30:20 Index Fund (Direct) returned −7.7%. ICICI Prudential Nifty Infrastructure ETF charges 0.52% a year and Tata Nifty500 Multicap Infrastructure 50:30:20 Index Fund 0.63%. Their portfolios overlap 60.2%: they hold 23 of the same securities.
ICICI Prudential Nifty Infrastructure ETF
ETF
- 1 year return
- −8.1%
- Expense ratio
- 0.52%
- NAV
- ₹90.59
Tata Nifty500 Multicap Infrastructure 50:30:20 Index Fund
Index
- 1 year return
- −7.7%
- Expense ratio
- 0.63%
- NAV
- ₹10.35
Which is better, ICICI Prudential Nifty Infrastructure ETF or Tata Nifty500 Multicap Infrastructure 50:30:20 Index? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Tata Nifty500 Multicap Infrastructure 50:30:20 Index returned more over 1 year: −7.7% against −8.1%.
- ICICI Prudential Nifty Infrastructure ETF costs less: 0.52% a year against 0.63%.
- ICICI Prudential Nifty Infrastructure ETF fell less in its worst fall since 30-04-2024: −20.8% against −22.5%.
- ICICI Prudential Nifty Infrastructure ETF holds more in large companies: 89.0% of the fund in large caps against 52.4%.
- ICICI Prudential Nifty Infrastructure ETF is the larger fund: ₹244 Cr against ₹65 Cr.
- Their portfolios overlap 60.2%: 23 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 Infrastructure ETF | Tata Nifty500 Multicap Infrastructure 50:30:20 Index Fund |
|---|---|---|
| Fund house | ICICI Prudential Mutual Fund | Tata Mutual Fund |
| Category | ETF | Index |
| AUM | ₹244 Cr (30-09-2026) | ₹65 Cr (30-09-2026) |
| NAV | ₹90.59 | ₹10.35 (Direct) |
| Expense ratio (Direct) | Not available | 0.63% |
| Expense ratio (Regular) | Not available | 1.18% |
| Riskometer | Not available | Very High |
| Benchmark | Nifty Infrastructure TRI | Nifty500 Multicap Infrastructure 50:30:20 TRI |
| Launch date | 17-08-2022 | Not available |
| 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 | ₹5,000 |
| Lock in | None | None |
| Fund managers | Nishit Patel, Ajaykumar Solanki, Ashwini Bharucha, Venus Ahuja | 1. Nitin Sharma, 2. Rakesh Prajapati |
| 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. | 0.25 % of the applicable NAV, if redeemed on or before 15 days from the date of allotment. |
ICICI Prudential Nifty Infrastructure ETF vs Tata Nifty500 Multicap Infrastructure 50:30:20 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 Nifty Infrastructure ETF | +0.70% | −5.87% | −6.28% | −8.14% | +13.25% | -- | -- |
| Tata Nifty500 Multicap Infrastructure 50:30:20 Index Fund (Direct) | −1.63% | −7.11% | −6.11% | −7.71% | -- | -- | -- |
ICICI Prudential Nifty Infrastructure ETF vs Tata Nifty500 Multicap Infrastructure 50:30:20 Index: Year-wise Returns
| Year | ICICI Prudential Nifty Infrastructure ETFICICI Prudential Nifty Infrastructure ETF | Tata Nifty500 Multicap Infrastructure 50:30:20 IndexTata Nifty500 Multicap Infrastructure 50:30:20 Index |
|---|---|---|
| 2026to date | −8.24% | −6.53% |
| 2025 | +14.02% | +6.03% |
| 2024 | +16.18% | -- |
| 2023 | +39.33% | -- |
ICICI Prudential Nifty Infrastructure ETF vs Tata Nifty500 Multicap Infrastructure 50:30:20 Index: Rolling Returns
Every holding period of both funds, against Nifty Infrastructure TRI, the benchmark of ICICI Prudential Nifty Infrastructure ETF
Rolling returns
Every 1-year holding period, 372 of them, one for each trading day from 30-04-2025 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 Infrastructure ETF
Tata Nifty500 Multicap Infrastructure 50:30:20 Index Fund (Direct)
Nifty Infrastructure TRI
to
Jun 2025Sept 2024
to
Sept 2025Dec 2024
to
Dec 2025Mar 2025
to
Mar 2026Jun 2025
to
Jun 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 Infrastructure ETF | 24.2 | 34.7 | 20.7 | 13.4 | 4.0 | 3.0 | 0.0 | 4.7% | 3.8% | −8.9% | 22.9% | 0% |
| Tata Nifty500 Multicap Infrastructure 50:30:20 Index | 33.2 | 32.1 | 25.6 | 5.4 | 3.8 | 0.0 | 0.0 | 2.8% | 3.0% | −8.7% | 18.9% | 24% |
| Nifty Infrastructure TRI | 20.2 | 35.5 | 21.5 | 14.2 | 5.1 | 3.5 | 0.0 | 5.3% | 4.3% | −8.5% | 23.6% | -- |
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 Infrastructure 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 30-04-2024. Past returns do not promise future returns.
ICICI Prudential Nifty Infrastructure ETF vs Tata Nifty500 Multicap Infrastructure 50:30:20 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 01-04-2024 to 30-10-2026: 31 instalments, ₹3,10,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| ICICI Prudential Nifty Infrastructure ETFICICI Prudential Nifty Infrastructure ETF | ₹3,10,000 | ₹3,04,659 | −₹5,341 | −1.3% |
| Tata Nifty500 Multicap Infrastructure 50:30:20 IndexTata Nifty500 Multicap Infrastructure 50:30:20 Index Fund (Direct) | ₹3,10,000 | ₹3,01,954 | −₹8,046 | −2.0% |
ICICI Prudential Nifty Infrastructure ETFICICI Prudential Nifty Infrastructure ETF
Tata Nifty500 Multicap Infrastructure 50:30:20 IndexTata Nifty500 Multicap Infrastructure 50:30:20 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 Nifty Infrastructure ETF vs Tata Nifty500 Multicap Infrastructure 50:30:20 Index: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | ICICI Prudential Nifty Infrastructure ETF | Tata Nifty500 Multicap Infrastructure 50:30:20 Index Fund (Direct) |
|---|---|---|
| Return (CAGR) | −8.14% | −7.71% |
| Standard deviation | 15.44% | 15.76% |
| Sharpe ratio | -0.87 | -0.82 |
| Sortino ratio | -1.17 | -1.10 |
| Maximum drawdown | −12.7% (12-10-2026) | −13.8% (31-03-2026) |
| Beta | 1.00 | 1.00 |
| Alpha | −0.48% | −0.80% |
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 Infrastructure ETF | Tata Nifty500 Multicap Infrastructure 50:30:20 Index Fund (Direct) |
|---|---|---|
| Return (CAGR) | +14.50% | +1.11% |
| Standard deviation | 16.66% | 17.37% |
| Sharpe ratio | 0.50 | -0.27 |
| Sortino ratio | 0.69 | -0.36 |
| Maximum drawdown | −20.8% (28-02-2025) | −22.5% (28-02-2025) |
| Beta | 1.01 | 1.00 |
| Alpha | −0.17% | −0.58% |
From daily NAVs, 18-08-2022 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 Infrastructure ETF
Tata Nifty500 Multicap Infrastructure 50:30:20 Index Fund (Direct)
Nifty Infrastructure TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| ICICI Prudential Nifty Infrastructure ETF | −20.8% | 27-09-2024 | 28-02-2025 | 29-10-2025 | 8 months | −9.6% |
| Tata Nifty500 Multicap Infrastructure 50:30:20 Index Fund (Direct) | −22.5% | 27-09-2024 | 28-02-2025 | Not yet | -- | −10.4% |
| Nifty Infrastructure TRI | −20.6% | 27-09-2024 | 28-02-2025 | 29-10-2025 | 8 months | −9.3% |
From daily values since 30-04-2024, 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 Infrastructure ETF
Tata Nifty500 Multicap Infrastructure 50:30:20 Index Fund (Direct)
Nifty Infrastructure TRI
Against Nifty Infrastructure TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| ICICI Prudential Nifty Infrastructure ETF | 99% | 101% | 0.04% |
| Tata Nifty500 Multicap Infrastructure 50:30:20 Index Fund (Direct) | 105% | 108% | 4.92% |
From month-end values since 30-04-2024. 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 Infrastructure ETF vs Tata Nifty500 Multicap Infrastructure 50:30:20 Index: Portfolio Overlap
From each fund's latest monthly portfolio: ICICI Prudential Nifty Infrastructure ETF, September 2026; Tata Nifty500 Multicap Infrastructure 50:30:20 Index Fund, September 2026
Holdings in common
- Overlap
- 60.2%
- Held by both
- 23
- Only in ICICI Prudential Nifty Infrastructure ETF
- 7
- Only in Tata Nifty500 Multicap Infrastructure 50:30:20 Index
- 51
| Security | % of ICICI Prudential Nifty Infrastructure ETF | % of Tata Nifty500 Multicap Infrastructure 50:30:20 Index |
|---|---|---|
| Reliance Industries Ltd. | 19.86% | 9.89% |
| Bharti Airtel Ltd. | 14.50% | 9.72% |
| Larsen & Toubro Ltd. | 11.94% | 8.01% |
| NTPC Ltd. | 4.16% | 2.79% |
| Adani Ports and Special Economic Zone Ltd. | 3.82% | 2.56% |
| Ultratech Cement Ltd. | 3.52% | 2.36% |
| Power Grid Corporation Of India Ltd. | 3.20% | 2.15% |
| Grasim Industries Ltd. | 3.14% | 2.10% |
| Interglobe Aviation Ltd. | 3.06% | 2.05% |
| The Indian Hotels Company Ltd. | 1.74% | 2.29% |
| Oil & Natural Gas Corporation Ltd. | 2.38% | 1.60% |
| Adani Power Ltd. | 2.30% | 1.54% |
| Apollo Hospitals Enterprise Ltd. | 2.28% | 1.53% |
| Bharat Forge Ltd. | 1.45% | 1.91% |
| Ge Vernova T&D India Ltd. | 1.41% | 1.86% |
| Suzlon Energy Ltd. | 1.30% | 1.72% |
| Indus Towers Ltd. | 1.30% | 1.72% |
| MAX Healthcare Institute Ltd | 1.88% | 1.26% |
| Ashok Leyland Ltd. | 1.20% | 1.58% |
| Bharat Petroleum Corporation Ltd. | 1.65% | 1.11% |
| Tata Power Company Ltd. | 1.64% | 1.10% |
| Fortis Healthcare Ltd. | 1.09% | 1.43% |
| Hindustan Petroleum Corporation Ltd. | 0.91% | 1.20% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 60.2% means 60.2% 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 Infrastructure ETF
| Security | % of fund |
|---|---|
| Samvardhana Motherson International Ltd. | 1.96% |
| Cummins India Ltd. | 1.74% |
| CG Power and Industrial Solutions Ltd. | 1.59% |
| Indian Oil Corporation Ltd. | 1.37% |
| GAIL (India) Ltd. | 1.25% |
Largest holdings only in Tata Nifty500 Multicap Infrastructure 50:30:20 Index Fund
| Security | % of fund |
|---|---|
| BHARAT HEAVY ELECTRICALS LTD | 2.16% |
| SONA BLW PRECISION FORGINGS LTD | 1.68% |
| THE PHOENIX MILLS LTD | 1.29% |
| LODHA DEVELOPERS LTD | 1.21% |
| GMR AIRPORTS LTD | 1.18% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | ICICI Prudential Nifty Infrastructure ETF | Tata Nifty500 Multicap Infrastructure 50:30:20 Index |
|---|---|---|
| Equity | 100.0% | 98.8% |
| Debt | 0.0% | 0.0% |
| Cash and others | 0.0% | 1.2% |
Market cap of stocks
| Market cap | ICICI Prudential Nifty Infrastructure ETF | Tata Nifty500 Multicap Infrastructure 50:30:20 Index |
|---|---|---|
| Large Cap | 89.0% | 52.4% |
| Mid Cap | 11.0% | 28.9% |
| Small Cap | 0.0% | 16.8% |
| Not on AMFI's list | 0.0% | 0.8% |
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 Infrastructure ETF | Tata Nifty500 Multicap Infrastructure 50:30:20 Index |
|---|---|---|
| Petroleum Products | 23.8% | 12.6% |
| Telecom - Services | 15.8% | 12.5% |
| Power | 12.5% | 10.6% |
| Construction | 11.9% | 9.7% |
| Auto Components | 3.4% | 9.3% |
| Electrical Equipment | 4.3% | 6.8% |
| Cement & Cement Products | 6.7% | 6.0% |
| Healthcare Services | 5.3% | 5.1% |
The six largest sectors of each fund's stocks, % of the fund.
ICICI Prudential Nifty Infrastructure ETF vs Tata Nifty500 Multicap Infrastructure 50:30:20 Index: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | ICICI Prudential Nifty Infrastructure ETF | Tata Nifty500 Multicap Infrastructure 50:30:20 Index Fund |
|---|---|---|
| Total expense ratio (Direct) | Not available | 0.63% |
| Base expense ratio (Direct) | 0.00% | 0.39% |
| Total expense ratio (Regular) | Not available | 1.18% |
| Base expense ratio (Regular) | 0.42% | 0.90% |
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 Infrastructure ETF vs Tata Nifty500 Multicap Infrastructure 50:30:20 Index Fund: Frequently Asked Questions
What is the difference between ICICI Prudential Nifty Infrastructure ETF and Tata Nifty500 Multicap Infrastructure 50:30:20 Index Fund?
ICICI Prudential Nifty Infrastructure ETF is an ETF fund, Tata Nifty500 Multicap Infrastructure 50:30:20 Index Fund is an Index fund, run by ICICI Prudential Mutual Fund and Tata Mutual Fund. Their portfolios overlap 60.2%. ICICI Prudential Nifty Infrastructure ETF charges 0.52% a year and Tata Nifty500 Multicap Infrastructure 50:30:20 Index Fund 0.63%.
Which has given higher returns, ICICI Prudential Nifty Infrastructure ETF or Tata Nifty500 Multicap Infrastructure 50:30:20 Index Fund?
Over 1 year: ICICI Prudential Nifty Infrastructure ETF −8.14%, Tata Nifty500 Multicap Infrastructure 50:30:20 Index Fund −7.71%. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, ICICI Prudential Nifty Infrastructure ETF or Tata Nifty500 Multicap Infrastructure 50:30:20 Index Fund?
ICICI Prudential Nifty Infrastructure ETF charges less: 0.52% a year against 0.63%. These are the total expense ratios reported to AMFI.
How much do ICICI Prudential Nifty Infrastructure ETF and Tata Nifty500 Multicap Infrastructure 50:30:20 Index Fund overlap?
60.2%. They hold 23 of the same securities, the largest shared ones being RELIANCE, BHARTIARTL, LT. From each fund's latest monthly portfolio.
Can I invest in both ICICI Prudential Nifty Infrastructure ETF and Tata Nifty500 Multicap Infrastructure 50:30:20 Index Fund?
Yes. 60.2% 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 Infrastructure ETF and Tata Nifty500 Multicap Infrastructure 50:30:20 Index Fund?
ICICI Prudential Nifty Infrastructure ETF: Nishit Patel, Ajaykumar Solanki, Ashwini Bharucha, Venus Ahuja. Tata Nifty500 Multicap Infrastructure 50:30:20 Index Fund: 1. Nitin Sharma, 2. Rakesh Prajapati.
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.