ICICI Prudential Nifty Top 15 Equal Weight ETF vs Mirae Asset Nifty Top 20 Equal Weight ETF
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 Mirae Asset Nifty Top 20 Equal Weight ETF is a mutual fund. ICICI Prudential Nifty Top 15 Equal Weight ETF charges 0.38% a year and Mirae Asset Nifty Top 20 Equal Weight ETF 0.26%. Their portfolios overlap 75.3%: they hold 15 of the same securities.
ICICI Prudential Nifty Top 15 Equal Weight ETF
ETF
- Expense ratio
- 0.38%
- NAV
- ₹9.54
Mirae Asset Nifty Top 20 Equal Weight ETF
- Expense ratio
- 0.26%
- NAV
- ₹8.69
Which is better, ICICI Prudential Nifty Top 15 Equal Weight ETF or Mirae Asset Nifty Top 20 Equal Weight ETF? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Mirae Asset Nifty Top 20 Equal Weight ETF costs less: 0.26% a year against 0.38%.
- Mirae Asset Nifty Top 20 Equal Weight ETF fell less in its worst fall since 16-12-2025: −16.0% against −18.3%.
- Mirae Asset Nifty Top 20 Equal Weight ETF is the larger fund: ₹14 Cr against ₹14 Cr.
- Their portfolios overlap 75.3%: 15 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 | Mirae Asset Nifty Top 20 Equal Weight ETF |
|---|---|---|
| Fund house | ICICI Prudential Mutual Fund | Mirae Asset Mutual Fund |
| Category | ETF | Not available |
| AUM | ₹14 Cr (30-09-2026) | ₹14 Cr (30-09-2026) |
| NAV | ₹9.54 | ₹8.69 |
| Expense ratio (Direct) | Not available | Not available |
| Expense ratio (Regular) | Not available | Not available |
| Riskometer | Not available | Not available |
| Benchmark | Nifty Top 15 Equal Weight TRI | Not available |
| Launch date | 26-06-2025 | Not available |
| 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 | Not available |
| Lock in | None | Not available |
| Fund managers | Nishit Patel, Ashwini Bharucha, Venus Ahuja | Not available |
| Exit load | Nil | Not available |
ICICI Prudential Nifty Top 15 Equal Weight ETF vs Mirae Asset Nifty Top 20 Equal Weight 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 Top 15 Equal Weight ETF | +3.95% | −4.55% | −3.12% | −12.45% | -- | -- | -- |
| Mirae Asset Nifty Top 20 Equal Weight ETF | +3.84% | −3.73% | −0.27% | -- | -- | -- | -- |
ICICI Prudential Nifty Top 15 Equal Weight ETF vs Mirae Asset Nifty Top 20 Equal Weight ETF: Year-wise Returns
| Year | ICICI Prudential Nifty Top 15ICICI Prudential Nifty Top 15 Equal Weight ETF | Mirae Asset Nifty Top 20Mirae Asset Nifty Top 20 Equal Weight ETF |
|---|---|---|
| 2026to date | −13.98% | −10.27% |
ICICI Prudential Nifty Top 15 Equal Weight ETF vs Mirae Asset Nifty Top 20 Equal Weight ETF: 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
ICICI Prudential Nifty Top 15 Equal Weight ETF vs Mirae Asset Nifty Top 20 Equal Weight ETF: 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 | Mirae Asset Nifty Top 20 Equal Weight ETF |
|---|---|---|
| Return (CAGR) | −6.83% | −11.00% |
| Standard deviation | 13.42% | 14.95% |
| Sharpe ratio | -0.91 | -1.09 |
| Sortino ratio | -1.22 | -1.45 |
| Maximum drawdown | −18.3% (08-10-2026) | −16.0% (30-03-2026) |
| Beta | 1.00 | 1.00 |
| Alpha | −0.33% | −0.12% |
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
Mirae Asset Nifty Top 20 Equal Weight ETF
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% | 22-12-2025 | 08-10-2026 | Not yet | -- | −14.2% |
| Mirae Asset Nifty Top 20 Equal Weight ETF | −16.0% | 22-12-2025 | 30-03-2026 | Not yet | -- | −10.6% |
| Nifty Top 15 Equal Weight TRI | −18.0% | 22-12-2025 | 08-10-2026 | Not yet | -- | −13.9% |
From daily values since 16-12-2025, the first day every fund has.
ICICI Prudential Nifty Top 15 Equal Weight ETF vs Mirae Asset Nifty Top 20 Equal Weight ETF: Portfolio Overlap
From each fund's latest monthly portfolio: ICICI Prudential Nifty Top 15 Equal Weight ETF, September 2026; Mirae Asset Nifty Top 20 Equal Weight ETF, September 2026
Holdings in common
- Overlap
- 75.3%
- Held by both
- 15
- Only in ICICI Prudential Nifty Top 15 Equal Weight ETF
- 0
- Only in Mirae Asset Nifty Top 20 Equal Weight ETF
- 5
| Security | % of ICICI Prudential Nifty Top 15 Equal Weight ETF | % of Mirae Asset Nifty Top 20 Equal Weight ETF |
|---|---|---|
| Kotak Mahindra Bank Ltd. | 7.00% | 5.27% |
| Axis Bank Ltd. | 6.80% | 5.12% |
| ICICI Bank Ltd. | 6.76% | 5.09% |
| Infosys Ltd. | 6.74% | 5.08% |
| Maruti Suzuki India Ltd. | 6.72% | 5.06% |
| Tata Consultancy Services Ltd. | 6.68% | 5.03% |
| Bharti Airtel Ltd. | 6.67% | 5.02% |
| ITC Ltd. | 6.63% | 4.99% |
| State Bank Of India | 6.62% | 4.98% |
| Mahindra & Mahindra Ltd. | 6.59% | 4.96% |
| Larsen & Toubro Ltd. | 6.58% | 4.95% |
| Reliance Industries Ltd. | 6.57% | 4.94% |
| Hindustan Unilever Ltd. | 6.56% | 4.94% |
| HDFC Bank Ltd. | 6.53% | 4.92% |
| Bajaj Finance Ltd. | 6.53% | 4.91% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 75.3% means 75.3% 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
Every holding of this fund is also held by the other.
Largest holdings only in Mirae Asset Nifty Top 20 Equal Weight ETF
| Security | % of fund |
|---|---|
| NTPC Ltd. | 5.05% |
| Sun Pharmaceutical Industries Ltd. | 5.01% |
| HCL Technologies Ltd. | 4.99% |
| Eternal Ltd. | 4.88% |
| Titan Company Ltd. | 4.79% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | ICICI Prudential Nifty Top 15 Equal Weight ETF | Mirae Asset Nifty Top 20 Equal Weight ETF |
|---|---|---|
| Equity | 100.0% | 100.0% |
| Debt | 0.0% | 0.0% |
| Cash and others | 0.0% | 0.0% |
Market cap of stocks
| Market cap | ICICI Prudential Nifty Top 15 Equal Weight ETF | Mirae Asset Nifty Top 20 Equal Weight ETF |
|---|---|---|
| Large Cap | 100.0% | 100.0% |
| Mid Cap | 0.0% | 0.0% |
| Small Cap | 0.0% | 0.0% |
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 Top 15 Equal Weight ETF | Mirae Asset Nifty Top 20 Equal Weight ETF |
|---|---|---|
| Banks | 33.7% | 25.4% |
| IT - Software | 0.0% | 15.1% |
| It - Software | 13.4% | 0.0% |
| Automobiles | 13.3% | 10.0% |
| Diversified Fmcg | 13.2% | 0.0% |
| Diversified FMCG | 0.0% | 9.9% |
| Telecom - Services | 6.7% | 5.0% |
| Construction | 6.6% | 5.0% |
| Power | 0.0% | 5.0% |
The six largest sectors of each fund's stocks, % of the fund.
ICICI Prudential Nifty Top 15 Equal Weight ETF vs Mirae Asset Nifty Top 20 Equal Weight ETF: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | ICICI Prudential Nifty Top 15 Equal Weight ETF | Mirae Asset Nifty Top 20 Equal Weight ETF |
|---|---|---|
| Base expense ratio (Direct) | 0.00% | 0.00% |
| Base expense ratio (Regular) | 0.30% | 0.09% |
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 Top 15 Equal Weight ETF vs Mirae Asset Nifty Top 20 Equal Weight ETF: Frequently Asked Questions
What is the difference between ICICI Prudential Nifty Top 15 Equal Weight ETF and Mirae Asset Nifty Top 20 Equal Weight ETF?
ICICI Prudential Nifty Top 15 Equal Weight ETF is an ETF fund, Mirae Asset Nifty Top 20 Equal Weight ETF is a mutual fund, run by ICICI Prudential Mutual Fund and Mirae Asset Mutual Fund. Their portfolios overlap 75.3%. ICICI Prudential Nifty Top 15 Equal Weight ETF charges 0.38% a year and Mirae Asset Nifty Top 20 Equal Weight ETF 0.26%.
Which has the lower expense ratio, ICICI Prudential Nifty Top 15 Equal Weight ETF or Mirae Asset Nifty Top 20 Equal Weight ETF?
Mirae Asset Nifty Top 20 Equal Weight ETF charges less: 0.26% a year against 0.38%. These are the total expense ratios reported to AMFI.
How much do ICICI Prudential Nifty Top 15 Equal Weight ETF and Mirae Asset Nifty Top 20 Equal Weight ETF overlap?
75.3%. They hold 15 of the same securities, the largest shared ones being KOTAKBANK, AXISBANK, ICICIBANK. From each fund's latest monthly portfolio.
Can I invest in both ICICI Prudential Nifty Top 15 Equal Weight ETF and Mirae Asset Nifty Top 20 Equal Weight ETF?
Yes. 75.3% 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.