ICICI Prudential Nifty Top 15 Equal Weight ETF vs ICICI Prudential Rural Opportunities Fund
Direct Plan where a fund has one, Growth option · Data as on 30-10-2026
ICICI Prudential Nifty Top 15 Equal Weight ETF is an ETF fund and ICICI Prudential Rural Opportunities Fund is a Thematic fund. In the year to 30-10-2026, ICICI Prudential Nifty Top 15 Equal Weight ETF returned −12.4% and ICICI Prudential Rural Opportunities Fund (Direct) returned −12.2%. ICICI Prudential Nifty Top 15 Equal Weight ETF charges 0.38% a year and ICICI Prudential Rural Opportunities Fund 1.25%. Their portfolios overlap 38.2%: they hold 10 of the same securities.
ICICI Prudential Nifty Top 15 Equal Weight ETF
ETF
- 1 year return
- −12.4%
- Expense ratio
- 0.38%
- NAV
- ₹9.54
ICICI Prudential Rural Opportunities Fund
Thematic
- 1 year return
- −12.2%
- Expense ratio
- 1.25%
- NAV
- ₹10.33
Which is better, ICICI Prudential Nifty Top 15 Equal Weight ETF or ICICI Prudential Rural Opportunities? 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 Rural Opportunities returned more over 1 year: −12.2% against −12.4%.
- ICICI Prudential Nifty Top 15 Equal Weight ETF costs less: 0.38% a year against 1.25%.
- ICICI Prudential Rural Opportunities fell less in its worst fall since 27-06-2025: −14.4% against −18.3%.
- ICICI Prudential Nifty Top 15 Equal Weight ETF holds more in large companies: 100.0% of the fund in large caps against 73.2%.
- ICICI Prudential Rural Opportunities is the larger fund: ₹1,896 Cr against ₹14 Cr.
- Their portfolios overlap 38.2%: 10 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 Top 15 Equal Weight ETF | ICICI Prudential Rural Opportunities Fund |
|---|---|---|
| Fund house | ICICI Prudential Mutual Fund | ICICI Prudential Mutual Fund |
| Category | ETF | Thematic |
| AUM | ₹14 Cr (30-09-2026) | ₹1,896 Cr (30-09-2026) |
| NAV | ₹9.54 | ₹10.33 (Direct) |
| Expense ratio (Direct) | Not available | 1.25% |
| Expense ratio (Regular) | Not available | 2.26% |
| Riskometer | Not available | Not available |
| Benchmark | Nifty Top 15 Equal Weight TRI | Nifty Rural TRI |
| Launch date | 26-06-2025 | 28-01-2025 |
| Minimum investment | On Stock Exchange(s): Investor can buy / sell units of the Scheme in round lot of 1 unit and in multiples thereof. Directly with the Mutual Fund: Eligible Investors can buy/sell units of the Scheme in Creation Unit Size viz. 3,70,000 units and in multiple | ₹5,000 |
| Lock in | None | None |
| Fund managers | Nishit Patel, Ashwini Bharucha, Venus Ahuja | Priyanka Khandelwal |
| Exit load | Nil | • 1% of applicable Net Asset Value - If the amount sought to be redeemed or switch out within 1 month from allotment. • NIL - If the amount sought to be redeemed or switched out more than 1 month. |
ICICI Prudential Nifty Top 15 Equal Weight ETF vs ICICI Prudential Rural 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 Top 15 Equal Weight ETF | +3.95% | −4.55% | −3.12% | −12.45% | -- | -- | -- |
| ICICI Prudential Rural Opportunities Fund (Direct) | −1.62% | −9.07% | −6.77% | −12.23% | -- | -- | -- |
| 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 Top 15 Equal Weight ETF vs ICICI Prudential Rural Opportunities: Year-wise Returns
| Year | Nifty Top 15 Equal Weight ETFICICI Prudential Nifty Top 15 Equal Weight ETF | Rural OpportunitiesICICI Prudential Rural Opportunities |
|---|---|---|
| 2026to date | −13.98% | −12.61% |
ICICI Prudential Nifty Top 15 Equal Weight ETF vs ICICI Prudential Rural Opportunities: Rolling Returns
Every holding period of both funds, against Nifty Top 15 Equal Weight TRI, the benchmark of ICICI Prudential Nifty Top 15 Equal Weight ETF
Rolling returns
Every 1-year holding period, 85 of them, one for each trading day from 29-06-2026 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 Top 15 Equal Weight ETF
ICICI Prudential Rural Opportunities Fund (Direct)
Nifty Top 15 Equal Weight TRI
to
Jul 2026Jul 2025
to
Jul 2026Aug 2025
to
Aug 2026Sept 2025
to
Sept 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 Top 15 Equal Weight ETF | 90.6 | 9.4 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | −6.6% | −5.5% | −14.6% | 1.6% | 0% |
| ICICI Prudential Rural Opportunities | 74.1 | 25.9 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | −3.4% | −1.3% | −13.6% | 4.9% | 98% |
| Nifty Top 15 Equal Weight TRI | 89.4 | 10.6 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | −6.2% | −5.2% | −14.3% | 2.0% | -- |
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 Top 15 Equal Weight 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 27-06-2025. Past returns do not promise future returns.
ICICI Prudential Nifty Top 15 Equal Weight ETF vs ICICI Prudential Rural 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 27-06-2025 to 30-10-2026: 17 instalments, ₹1,70,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| ICICI Prudential Nifty Top 15 Equal Weight ETFICICI Prudential Nifty Top 15 Equal Weight ETF | ₹1,70,000 | ₹1,59,710 | −₹10,290 | −8.2% |
| ICICI Prudential Rural OpportunitiesICICI Prudential Rural Opportunities Fund (Direct) | ₹1,70,000 | ₹1,56,788 | −₹13,212 | −10.4% |
ICICI Prudential Nifty Top 15 Equal Weight ETFICICI Prudential Nifty Top 15 Equal Weight ETF
ICICI Prudential Rural OpportunitiesICICI Prudential Rural 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 Top 15 Equal Weight ETF vs ICICI Prudential Rural Opportunities: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | ICICI Prudential Nifty Top 15 Equal Weight ETF | ICICI Prudential Rural Opportunities Fund (Direct) |
|---|---|---|
| Return (CAGR) | −12.45% | −12.23% |
| Standard deviation | 14.69% | 13.76% |
| Sharpe ratio | -1.20 | -1.27 |
| Sortino ratio | -1.61 | -1.64 |
| Maximum drawdown | −18.3% (08-10-2026) | −14.4% (30-03-2026) |
| Beta | 1.00 | 0.87 |
| Alpha | −0.32% | −3.11% |
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 Top 15 Equal Weight ETF | ICICI Prudential Rural Opportunities Fund (Direct) |
|---|---|---|
| Return (CAGR) | −6.83% | +1.70% |
| Standard deviation | 13.42% | 12.43% |
| Sharpe ratio | -0.91 | -0.31 |
| Sortino ratio | -1.22 | -0.42 |
| Maximum drawdown | −18.3% (08-10-2026) | −14.4% (30-03-2026) |
| Beta | 1.00 | 0.84 |
| Alpha | −0.33% | −1.31% |
From daily NAVs, 27-06-2025 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 Top 15 Equal Weight ETF
ICICI Prudential Rural Opportunities Fund (Direct)
Nifty Top 15 Equal Weight TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| ICICI Prudential Nifty Top 15 Equal Weight ETF | −18.3% | 05-12-2025 | 08-10-2026 | Not yet | -- | −14.3% |
| ICICI Prudential Rural Opportunities Fund (Direct) | −14.4% | 06-01-2026 | 30-03-2026 | Not yet | -- | −13.2% |
| Nifty Top 15 Equal Weight TRI | −18.1% | 05-12-2025 | 08-10-2026 | Not yet | -- | −14.0% |
From daily values since 27-06-2025, 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 Top 15 Equal Weight ETF
ICICI Prudential Rural Opportunities Fund (Direct)
Nifty Top 15 Equal Weight TRI
Against Nifty Top 15 Equal Weight TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| ICICI Prudential Nifty Top 15 Equal Weight ETF | 99% | 101% | 0.03% |
| ICICI Prudential Rural Opportunities Fund (Direct) | 73% | 78% | 6.94% |
From month-end values since 27-06-2025. 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 Top 15 Equal Weight ETF vs ICICI Prudential Rural Opportunities: Portfolio Overlap
From each fund's latest monthly portfolio: ICICI Prudential Nifty Top 15 Equal Weight ETF, September 2026; ICICI Prudential Rural Opportunities Fund, September 2026
Holdings in common
- Overlap
- 38.2%
- Held by both
- 10
- Only in ICICI Prudential Nifty Top 15 Equal Weight ETF
- 5
- Only in ICICI Prudential Rural Opportunities
- 37
| Security | % of ICICI Prudential Nifty Top 15 Equal Weight ETF | % of ICICI Prudential Rural Opportunities |
|---|---|---|
| Bharti Airtel Ltd. | 6.67% | 6.95% |
| Hindustan Unilever Ltd. | 6.56% | 7.50% |
| HDFC Bank Ltd. | 6.53% | 7.80% |
| Mahindra & Mahindra Ltd. | 6.59% | 6.29% |
| State Bank Of India | 6.62% | 5.97% |
| Maruti Suzuki India Ltd. | 6.72% | 2.86% |
| ITC Ltd. | 6.63% | 1.83% |
| ICICI Bank Ltd. | 6.76% | 1.13% |
| Axis Bank Ltd. | 6.80% | 0.31% |
| Bajaj Finance Ltd. | 6.53% | 0.05% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 38.2% means 38.2% 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 Top 15 Equal Weight ETF
| Security | % of fund |
|---|---|
| Kotak Mahindra Bank Ltd. | 7.00% |
| Infosys Ltd. | 6.74% |
| Tata Consultancy Services Ltd. | 6.68% |
| Larsen & Toubro Ltd. | 6.58% |
| Reliance Industries Ltd. | 6.57% |
Largest holdings only in ICICI Prudential Rural Opportunities Fund
| Security | % of fund |
|---|---|
| Life Insurance Corporation of India | 7.32% |
| Ultratech Cement Ltd. | 5.00% |
| Britannia Industries Ltd. | 3.45% |
| TVS Motor Company Ltd. | 2.89% |
| Colgate - Palmolive (India) Ltd. | 2.69% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | ICICI Prudential Nifty Top 15 Equal Weight ETF | ICICI Prudential Rural Opportunities |
|---|---|---|
| Equity | 100.0% | 96.7% |
| Debt | 0.0% | 0.0% |
| Cash and others | 0.0% | 3.3% |
Market cap of stocks
| Market cap | ICICI Prudential Nifty Top 15 Equal Weight ETF | ICICI Prudential Rural Opportunities |
|---|---|---|
| Large Cap | 100.0% | 73.2% |
| Mid Cap | 0.0% | 15.1% |
| Small Cap | 0.0% | 8.0% |
| Not on AMFI's list | 0.0% | 0.5% |
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 Top 15 Equal Weight ETF | ICICI Prudential Rural Opportunities |
|---|---|---|
| Banks | 33.7% | 15.2% |
| Automobiles | 13.3% | 16.3% |
| It - Software | 13.4% | 0.0% |
| Diversified Fmcg | 13.2% | 9.3% |
| Insurance | 0.0% | 10.8% |
| Personal Products | 0.0% | 7.3% |
| Telecom - Services | 6.7% | 7.0% |
| Construction | 6.6% | 0.0% |
The six largest sectors of each fund's stocks, % of the fund.
ICICI Prudential Nifty Top 15 Equal Weight ETF vs ICICI Prudential Rural Opportunities: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | ICICI Prudential Nifty Top 15 Equal Weight ETF | ICICI Prudential Rural Opportunities Fund |
|---|---|---|
| Total expense ratio (Direct) | Not available | 1.25% |
| Base expense ratio (Direct) | 0.00% | 0.88% |
| Total expense ratio (Regular) | Not available | 2.26% |
| Base expense ratio (Regular) | 0.30% | 1.78% |
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
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ICICI Prudential Nifty Top 15 Equal Weight ETF vs ICICI Prudential Rural Opportunities Fund: Frequently Asked Questions
What is the difference between ICICI Prudential Nifty Top 15 Equal Weight ETF and ICICI Prudential Rural Opportunities Fund?
ICICI Prudential Nifty Top 15 Equal Weight ETF is an ETF fund, ICICI Prudential Rural Opportunities Fund is a Thematic fund, run by ICICI Prudential Mutual Fund. Their portfolios overlap 38.2%. ICICI Prudential Nifty Top 15 Equal Weight ETF charges 0.38% a year and ICICI Prudential Rural Opportunities Fund 1.25%.
Which has given higher returns, ICICI Prudential Nifty Top 15 Equal Weight ETF or ICICI Prudential Rural Opportunities Fund?
Over 1 year: ICICI Prudential Nifty Top 15 Equal Weight ETF −12.45%, ICICI Prudential Rural Opportunities Fund −12.23%. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, ICICI Prudential Nifty Top 15 Equal Weight ETF or ICICI Prudential Rural Opportunities Fund?
ICICI Prudential Nifty Top 15 Equal Weight ETF charges less: 0.38% a year against 1.25%. These are the total expense ratios reported to AMFI.
How much do ICICI Prudential Nifty Top 15 Equal Weight ETF and ICICI Prudential Rural Opportunities Fund overlap?
38.2%. They hold 10 of the same securities, the largest shared ones being BHARTIARTL, HINDUNILVR, HDFCBANK. From each fund's latest monthly portfolio.
Can I invest in both ICICI Prudential Nifty Top 15 Equal Weight ETF and ICICI Prudential Rural Opportunities Fund?
Yes. 38.2% of each fund's money sits in the same holdings, so some of the two investments would move together.
Who manages ICICI Prudential Nifty Top 15 Equal Weight ETF and ICICI Prudential Rural Opportunities Fund?
ICICI Prudential Nifty Top 15 Equal Weight ETF: Nishit Patel, Ashwini Bharucha, Venus Ahuja. ICICI Prudential Rural Opportunities Fund: Priyanka Khandelwal.
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.