ICICI Prudential Nifty50 Value 20 ETF vs ICICI Prudential Nifty50 Value 20 Index Fund
Direct Plan where a fund has one, Growth option · Data as on 30-10-2026
ICICI Prudential Nifty50 Value 20 ETF is an ETF fund and ICICI Prudential Nifty50 Value 20 Index Fund is an Index fund. In the year to 30-10-2026, ICICI Prudential Nifty50 Value 20 ETF returned −12.0% and ICICI Prudential Nifty50 Value 20 Index Fund (Direct) returned −12.1%. ICICI Prudential Nifty50 Value 20 ETF charges 0.44% a year and ICICI Prudential Nifty50 Value 20 Index Fund 0.49%. Their portfolios overlap 100.0%: they hold 20 of the same securities.
ICICI Prudential Nifty50 Value 20 ETF
ETF
- 1 year return
- −12.0%
- Expense ratio
- 0.44%
- NAV
- ₹13.07
ICICI Prudential Nifty50 Value 20 Index Fund
Index
- 1 year return
- −12.1%
- Expense ratio
- 0.49%
- NAV
- ₹9.73
Which is better, ICICI Prudential Nifty50 Value 20 ETF or ICICI Prudential Nifty50 Value 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.
- ICICI Prudential Nifty50 Value 20 ETF returned more over 1 year: −12.0% against −12.1%.
- ICICI Prudential Nifty50 Value 20 ETF costs less: 0.44% a year against 0.49%.
- ICICI Prudential Nifty50 Value 20 ETF fell less in its worst fall since 05-02-2024: −22.6% against −22.7%.
- ICICI Prudential Nifty50 Value 20 ETF is the larger fund: ₹169 Cr against ₹95 Cr.
- Their portfolios overlap 100.0%: 20 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 Nifty50 Value 20 ETF | ICICI Prudential Nifty50 Value 20 Index Fund |
|---|---|---|
| Fund house | ICICI Prudential Mutual Fund | ICICI Prudential Mutual Fund |
| Category | ETF | Index |
| AUM | ₹169 Cr (30-09-2026) | ₹95 Cr (30-09-2026) |
| NAV | ₹13.07 | ₹9.73 (Direct) |
| Expense ratio (Direct) | Not available | 0.49% |
| Expense ratio (Regular) | Not available | 0.88% |
| Riskometer | Not available | Not available |
| Benchmark | Nifty50 Value 20 TRI | Nifty50 Value 20 TRI |
| Launch date | 17-06-2016 | 02-02-2024 |
| 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, Ajaykumar Solanki, Ashwini Bharucha, Venus Ahuja | Nishit Patel, Ashwini Shinde |
| Exit load | Not available | Nil |
ICICI Prudential Nifty50 Value 20 ETF vs ICICI Prudential Nifty50 Value 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 Nifty50 Value 20 ETF | +2.09% | −4.93% | −6.76% | −12.00% | +5.51% | +7.06% | +13.33% |
| ICICI Prudential Nifty50 Value 20 Index Fund (Direct) | +2.08% | −4.95% | −6.80% | −12.07% | -- | -- | -- |
ICICI Prudential Nifty50 Value 20 ETF vs ICICI Prudential Nifty50 Value 20 Index: Year-wise Returns
| Year | ETFICICI Prudential Nifty50 Value 20 ETF | IndexICICI Prudential Nifty50 Value 20 Index | Nifty50 Value 20 TRI |
|---|---|---|---|
| 2026to date | −13.68% | −13.75% | −13.46% |
| 2025 | +0.65% | +0.59% | +0.94% |
| 2024 | +17.45% | -- | +17.88% |
| 2023 | +29.28% | -- | +29.79% |
| 2022 | +1.45% | -- | +1.65% |
| 2021 | +36.99% | -- | +37.34% |
ICICI Prudential Nifty50 Value 20 ETF vs ICICI Prudential Nifty50 Value 20 Index: Rolling Returns
Every holding period of both funds, against Nifty50 Value 20 TRI, the benchmark of both
Rolling returns
Every 1-year holding period, 427 of them, one for each trading day from 05-02-2025 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 Nifty50 Value 20 ETF
ICICI Prudential Nifty50 Value 20 Index Fund (Direct)
Nifty50 Value 20 TRI
to
Mar 2025Jul 2024
to
Jul 2025Oct 2024
to
Oct 2025Feb 2025
to
Feb 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 Nifty50 Value 20 ETF | 63.7 | 26.5 | 9.6 | 0.2 | 0.0 | 0.0 | 0.0 | −2.4% | −3.0% | −13.2% | 10.8% | 0% |
| ICICI Prudential Nifty50 Value 20 Index | 64.1 | 26.5 | 9.2 | 0.2 | 0.0 | 0.0 | 0.0 | −2.5% | −3.1% | −13.3% | 10.7% | 0% |
| Nifty50 Value 20 TRI | 61.6 | 27.4 | 10.8 | 0.2 | 0.0 | 0.0 | 0.0 | −2.1% | −2.7% | −13.0% | 11.2% | -- |
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 Nifty50 Value 20 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 05-02-2024. Past returns do not promise future returns.
ICICI Prudential Nifty50 Value 20 ETF vs ICICI Prudential Nifty50 Value 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 01-02-2024 to 30-10-2026: 33 instalments, ₹3,30,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| ICICI Prudential Nifty50 Value 20 ETFICICI Prudential Nifty50 Value 20 ETF | ₹3,30,000 | ₹3,00,926 | −₹29,074 | −6.4% |
| ICICI Prudential Nifty50 Value 20 IndexICICI Prudential Nifty50 Value 20 Index Fund (Direct) | ₹3,30,000 | ₹3,00,485 | −₹29,515 | −6.5% |
ICICI Prudential Nifty50 Value 20 ETFICICI Prudential Nifty50 Value 20 ETF
ICICI Prudential Nifty50 Value 20 IndexICICI Prudential Nifty50 Value 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 Nifty50 Value 20 ETF vs ICICI Prudential Nifty50 Value 20 Index: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | ICICI Prudential Nifty50 Value 20 ETF | ICICI Prudential Nifty50 Value 20 Index Fund (Direct) |
|---|---|---|
| Return (CAGR) | −12.00% | −12.07% |
| Standard deviation | 12.53% | 12.45% |
| Sharpe ratio | -1.38 | -1.39 |
| Sortino ratio | -1.79 | -1.81 |
| Maximum drawdown | −17.4% (08-10-2026) | −17.5% (08-10-2026) |
| Beta | 1.00 | 1.00 |
| Alpha | −0.29% | −0.37% |
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 Nifty50 Value 20 ETF | ICICI Prudential Nifty50 Value 20 Index Fund (Direct) |
|---|---|---|
| Return (CAGR) | +13.05% | −1.00% |
| Standard deviation | 15.13% | 13.21% |
| Sharpe ratio | 0.50 | -0.52 |
| Sortino ratio | 0.71 | -0.72 |
| Maximum drawdown | −31.0% (23-03-2020) | −22.7% (08-10-2026) |
| Beta | 0.99 | 1.00 |
| Alpha | −0.66% | −0.42% |
From daily NAVs, 20-06-2016 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 Nifty50 Value 20 ETF
ICICI Prudential Nifty50 Value 20 Index Fund (Direct)
Nifty50 Value 20 TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| ICICI Prudential Nifty50 Value 20 ETF | −22.6% | 26-09-2024 | 08-10-2026 | Not yet | -- | −19.8% |
| ICICI Prudential Nifty50 Value 20 Index Fund (Direct) | −22.7% | 26-09-2024 | 08-10-2026 | Not yet | -- | −19.9% |
| Nifty50 Value 20 TRI | −22.1% | 26-09-2024 | 08-10-2026 | Not yet | -- | −19.3% |
From daily values since 05-02-2024, 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 Nifty50 Value 20 ETF
ICICI Prudential Nifty50 Value 20 Index Fund (Direct)
Nifty50 Value 20 TRI
Against Nifty50 Value 20 TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| ICICI Prudential Nifty50 Value 20 ETF | 99% | 101% | 0.07% |
| ICICI Prudential Nifty50 Value 20 Index Fund (Direct) | 99% | 101% | 0.09% |
From month-end values since 05-02-2024. 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 Nifty50 Value 20 ETF vs ICICI Prudential Nifty50 Value 20 Index: Portfolio Overlap
From each fund's latest monthly portfolio: ICICI Prudential Nifty50 Value 20 ETF, September 2026; ICICI Prudential Nifty50 Value 20 Index Fund, September 2026
Holdings in common
- Overlap
- 100.0%
- Held by both
- 20
- Only in ICICI Prudential Nifty50 Value 20 ETF
- 0
- Only in ICICI Prudential Nifty50 Value 20 Index
- 0
| Security | % of ICICI Prudential Nifty50 Value 20 ETF | % of ICICI Prudential Nifty50 Value 20 Index |
|---|---|---|
| HDFC Bank Ltd. | 14.74% | 14.73% |
| Reliance Industries Ltd. | 12.15% | 12.15% |
| ICICI Bank Ltd. | 11.35% | 11.34% |
| State Bank Of India | 9.11% | 9.11% |
| Infosys Ltd. | 6.52% | 6.52% |
| ITC Ltd. | 5.58% | 5.58% |
| Axis Bank Ltd. | 5.40% | 5.40% |
| Oil & Natural Gas Corporation Ltd. | 4.15% | 4.15% |
| Kotak Mahindra Bank Ltd. | 3.76% | 3.76% |
| Tata Consultancy Services Ltd. | 3.68% | 3.68% |
| Coal India Ltd. | 3.38% | 3.38% |
| NTPC Ltd. | 3.22% | 3.22% |
| Tata Motors Passenger Vehicles Ltd. | 3.21% | 3.21% |
| Hindalco Industries Ltd. | 2.70% | 2.70% |
| Tata Steel Ltd. | 2.31% | 2.31% |
| HCL Technologies Ltd. | 2.25% | 2.25% |
| Power Grid Corporation Of India Ltd. | 2.14% | 2.14% |
| Grasim Industries Ltd. | 2.07% | 2.07% |
| Bajaj Finserv Ltd. | 1.25% | 1.25% |
| Dr. Reddy's Laboratories Ltd. | 1.00% | 1.00% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 100.0% means 100.0% 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 Nifty50 Value 20 ETF
Every holding of this fund is also held by the other.
Largest holdings only in ICICI Prudential Nifty50 Value 20 Index Fund
Every holding of this fund is also held by the other.
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | ICICI Prudential Nifty50 Value 20 ETF | ICICI Prudential Nifty50 Value 20 Index |
|---|---|---|
| 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 Nifty50 Value 20 ETF | ICICI Prudential Nifty50 Value 20 Index |
|---|---|---|
| Large Cap | 99.0% | 99.0% |
| Mid Cap | 1.0% | 1.0% |
| 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 Nifty50 Value 20 ETF | ICICI Prudential Nifty50 Value 20 Index |
|---|---|---|
| Banks | 44.4% | 44.4% |
| It - Software | 12.4% | 12.4% |
| Petroleum Products | 12.2% | 12.2% |
| Diversified Fmcg | 5.6% | 5.6% |
| Power | 5.4% | 5.4% |
| Oil | 4.2% | 4.2% |
The six largest sectors of each fund's stocks, % of the fund.
ICICI Prudential Nifty50 Value 20 ETF vs ICICI Prudential Nifty50 Value 20 Index: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | ICICI Prudential Nifty50 Value 20 ETF | ICICI Prudential Nifty50 Value 20 Index Fund |
|---|---|---|
| Total expense ratio (Direct) | Not available | 0.49% |
| Base expense ratio (Direct) | 0.00% | 0.21% |
| Total expense ratio (Regular) | Not available | 0.88% |
| Base expense ratio (Regular) | 0.21% | 0.54% |
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 Nifty50 Value 20 ETF vs ICICI Prudential Nifty50 Value 20 Index Fund: Frequently Asked Questions
What is the difference between ICICI Prudential Nifty50 Value 20 ETF and ICICI Prudential Nifty50 Value 20 Index Fund?
ICICI Prudential Nifty50 Value 20 ETF is an ETF fund, ICICI Prudential Nifty50 Value 20 Index Fund is an Index fund, run by ICICI Prudential Mutual Fund. Their portfolios overlap 100.0%. ICICI Prudential Nifty50 Value 20 ETF charges 0.44% a year and ICICI Prudential Nifty50 Value 20 Index Fund 0.49%.
Which has given higher returns, ICICI Prudential Nifty50 Value 20 ETF or ICICI Prudential Nifty50 Value 20 Index Fund?
Over 1 year: ICICI Prudential Nifty50 Value 20 ETF −12.00%, ICICI Prudential Nifty50 Value 20 Index Fund −12.07%. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, ICICI Prudential Nifty50 Value 20 ETF or ICICI Prudential Nifty50 Value 20 Index Fund?
ICICI Prudential Nifty50 Value 20 ETF charges less: 0.44% a year against 0.49%. These are the total expense ratios reported to AMFI.
How much do ICICI Prudential Nifty50 Value 20 ETF and ICICI Prudential Nifty50 Value 20 Index Fund overlap?
100.0%. They hold 20 of the same securities, the largest shared ones being HDFCBANK, RELIANCE, ICICIBANK. From each fund's latest monthly portfolio.
Can I invest in both ICICI Prudential Nifty50 Value 20 ETF and ICICI Prudential Nifty50 Value 20 Index Fund?
Yes. 100.0% 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 Nifty50 Value 20 ETF and ICICI Prudential Nifty50 Value 20 Index Fund?
ICICI Prudential Nifty50 Value 20 ETF: Nishit Patel, Ajaykumar Solanki, Ashwini Bharucha, Venus Ahuja. ICICI Prudential Nifty50 Value 20 Index Fund: Nishit Patel, Ashwini Shinde.
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.