ICICI Prudential PSU Equity Fund vs Kotak Nifty200 Value 30 Index Fund
Direct Plan, Growth option · Data as on 30-10-2026
ICICI Prudential PSU Equity Fund is a Thematic fund and Kotak Nifty200 Value 30 Index Fund is an Index fund. ICICI Prudential PSU Equity Fund charges 1.28% a year and Kotak Nifty200 Value 30 Index Fund 1.03% (Direct plans). Their portfolios overlap 40.0%: they hold 16 of the same securities.
ICICI Prudential PSU Equity Fund
Thematic
- Expense ratio
- 1.28%
- NAV
- ₹21.69
Kotak Nifty200 Value 30 Index Fund
Index
- Expense ratio
- 1.03%
- NAV
- ₹8.93
Which is better, ICICI Prudential PSU Equity or Kotak Nifty200 Value 30 Index? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Kotak Nifty200 Value 30 Index costs less: 1.03% a year against 1.28% (Direct plans).
- ICICI Prudential PSU Equity fell less in its worst fall since 12-02-2026: −11.8% against −16.2%.
- ICICI Prudential PSU Equity is the larger fund: ₹1,755 Cr against ₹13 Cr.
- Their portfolios overlap 40.0%: 16 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 PSU Equity Fund | Kotak Nifty200 Value 30 Index Fund |
|---|---|---|
| Fund house | ICICI Prudential Mutual Fund | Kotak Mahindra Mutual Fund |
| Category | Thematic | Index |
| AUM | ₹1,755 Cr (30-09-2026) | ₹13 Cr (30-09-2026) |
| NAV | ₹21.69 (Direct) | ₹8.93 (Direct) |
| Expense ratio (Direct) | 1.28% | 1.03% |
| Expense ratio (Regular) | 2.33% | 1.35% |
| Riskometer | Not available | Very High |
| Benchmark | BSE PSU TRI | Nifty200 Value 30 TRI |
| Launch date | 12-09-2022 | 05-02-2026 |
| Minimum investment | ₹5,000 | ₹100 |
| Lock in | None | None |
| Fund managers | Antariksha Banerjee | Devender Singhal, Satish Dondapati, Abhishek Bisen |
| Exit load | • 1% of applicable Net Asset Value - If the amount sought to be redeemed or switch out is invested for a period of up to 1 month from the date of allotment. • Nil - If the amount sought to be redeemed or switched out is invested for a period of more than 1 month from the date of allotment. | NIL |
ICICI Prudential PSU Equity vs Kotak Nifty200 Value 30 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 PSU Equity Fund (Direct) | −2.34% | −5.49% | −8.21% | −3.39% | +18.54% | -- | -- |
| Kotak Nifty200 Value 30 Index Fund (Direct) | −2.39% | −8.22% | −10.75% | -- | -- | -- | -- |
| Thematic average | −2.09% | −4.52% | +0.86% | −1.22% | +13.76% | -- | -- |
Category average: the average of the 235 Thematic funds, same plan type.
ICICI Prudential PSU Equity vs Kotak Nifty200 Value 30 Index: Year-wise Returns
| Year | ICICI Prudential PSU EquityICICI Prudential PSU Equity | Kotak Nifty200 Value 30 IndexKotak Nifty200 Value 30 Index |
|---|---|---|
| 2026to date | −2.74% | -- |
| 2025 | +8.46% | -- |
| 2024 | +25.98% | -- |
| 2023 | +55.13% | -- |
ICICI Prudential PSU Equity vs Kotak Nifty200 Value 30 Index: Rolling Returns
Every holding period of both funds, against BSE PSU TRI, the benchmark of ICICI Prudential PSU Equity Fund
ICICI Prudential PSU Equity vs Kotak Nifty200 Value 30 Index: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | ICICI Prudential PSU Equity Fund (Direct) | Kotak Nifty200 Value 30 Index Fund (Direct) |
|---|---|---|
| Return (CAGR) | +20.57% | −16.59% |
| Standard deviation | 16.48% | 16.67% |
| Sharpe ratio | 0.87 | -1.31 |
| Sortino ratio | 1.18 | -1.65 |
| Maximum drawdown | −23.0% (28-02-2025) | −16.2% (23-10-2026) |
| Beta | 0.78 | 1.00 |
| Alpha | +1.98% | −0.72% |
From daily NAVs, 13-09-2022 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 PSU Equity Fund (Direct)
Kotak Nifty200 Value 30 Index Fund (Direct)
BSE PSU TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| ICICI Prudential PSU Equity Fund (Direct) | −11.8% | 26-02-2026 | 23-10-2026 | Not yet | -- | −10.2% |
| Kotak Nifty200 Value 30 Index Fund (Direct) | −16.2% | 26-02-2026 | 23-10-2026 | Not yet | -- | −14.9% |
| BSE PSU TRI | −16.2% | 26-02-2026 | 23-10-2026 | Not yet | -- | −14.8% |
From daily values since 12-02-2026, the first day every fund has.
ICICI Prudential PSU Equity vs Kotak Nifty200 Value 30 Index: Portfolio Overlap
From each fund's latest monthly portfolio: ICICI Prudential PSU Equity Fund, September 2026; Kotak Nifty200 Value 30 Index Fund, September 2026
Holdings in common
- Overlap
- 40.0%
- Held by both
- 16
- Only in ICICI Prudential PSU Equity
- 29
- Only in Kotak Nifty200 Value 30 Index
- 14
| Security | % of ICICI Prudential PSU Equity | % of Kotak Nifty200 Value 30 Index |
|---|---|---|
| State Bank Of India | 17.55% | 5.06% |
| Oil & Natural Gas Corporation Ltd. | 4.94% | 5.13% |
| NTPC Ltd. | 9.41% | 4.93% |
| Indian Oil Corporation Ltd. | 4.76% | 4.73% |
| Power Grid Corporation Of India Ltd. | 7.92% | 4.48% |
| Coal India Ltd. | 3.46% | 5.24% |
| Bharat Petroleum Corporation Ltd. | 3.30% | 5.23% |
| Bank Of Baroda | 2.13% | 3.13% |
| Bank Of India | 1.37% | 1.31% |
| GAIL (India) Ltd. | 1.26% | 3.01% |
| Oil India Ltd. | 2.34% | 1.24% |
| Indian Bank | 1.17% | 1.48% |
| LIC Housing Finance Ltd. | 0.90% | 1.24% |
| Hindustan Petroleum Corporation Ltd. | 0.50% | 3.20% |
| Canara Bank | 0.48% | 2.86% |
| Steel Authority Of India Ltd. | 0.07% | 1.01% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 40.0% means 40.0% 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 PSU Equity Fund
| Security | % of fund |
|---|---|
| Bharat Electronics Ltd. | 6.29% |
| Life Insurance Corporation of India | 5.98% |
| Indian Railway Catering and Tourism Corporation Ltd. | 2.70% |
| General Insurance Corporation of India | 2.20% |
| SBI Life Insurance Company Ltd. | 2.17% |
Largest holdings only in Kotak Nifty200 Value 30 Index Fund
| Security | % of fund |
|---|---|
| ITC Ltd. | 4.93% |
| Hindalco Industries Ltd. | 4.85% |
| Tata Steel Ltd. | 4.57% |
| TATA MOTORS PASSENGER VEHICLES LTD | 4.42% |
| Grasim Industries Ltd. | 4.21% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | ICICI Prudential PSU Equity | Kotak Nifty200 Value 30 Index |
|---|---|---|
| Equity | 97.9% | 100.0% |
| Debt | 0.0% | 0.0% |
| Cash and others | 2.1% | -0.0% |
Market cap of stocks
| Market cap | ICICI Prudential PSU Equity | Kotak Nifty200 Value 30 Index |
|---|---|---|
| Large Cap | 72.8% | 81.5% |
| Mid Cap | 15.1% | 17.3% |
| Small Cap | 9.9% | 1.2% |
| Not on AMFI's list | 0.2% | 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 PSU Equity | Kotak Nifty200 Value 30 Index |
|---|---|---|
| Banks | 23.8% | 24.1% |
| Power | 21.3% | 9.4% |
| Petroleum Products | 9.1% | 13.2% |
| Insurance | 10.6% | 0.0% |
| Aerospace & Defense | 8.7% | 0.0% |
| Finance | 3.4% | 8.3% |
| Oil | 7.3% | 6.4% |
| Ferrous Metals | 0.4% | 5.6% |
The six largest sectors of each fund's stocks, % of the fund.
ICICI Prudential PSU Equity vs Kotak Nifty200 Value 30 Index: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | ICICI Prudential PSU Equity Fund | Kotak Nifty200 Value 30 Index Fund |
|---|---|---|
| Total expense ratio (Direct) | 1.28% | 1.03% |
| Base expense ratio (Direct) | 0.86% | 0.18% |
| Total expense ratio (Regular) | 2.33% | 1.35% |
| Base expense ratio (Regular) | 1.79% | 0.44% |
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
Compare ICICI Prudential PSU Equity with
ICICI Prudential PSU Equity Fund vs Kotak Nifty200 Value 30 Index Fund: Frequently Asked Questions
What is the difference between ICICI Prudential PSU Equity Fund and Kotak Nifty200 Value 30 Index Fund?
ICICI Prudential PSU Equity Fund is a Thematic fund, Kotak Nifty200 Value 30 Index Fund is an Index fund, run by ICICI Prudential Mutual Fund and Kotak Mahindra Mutual Fund. Their portfolios overlap 40.0%. ICICI Prudential PSU Equity Fund charges 1.28% a year and Kotak Nifty200 Value 30 Index Fund 1.03%.
Which has the lower expense ratio, ICICI Prudential PSU Equity Fund or Kotak Nifty200 Value 30 Index Fund?
Kotak Nifty200 Value 30 Index Fund charges less: 1.03% a year against 1.28%. These are the Direct plans' total expense ratios reported to AMFI.
How much do ICICI Prudential PSU Equity Fund and Kotak Nifty200 Value 30 Index Fund overlap?
40.0%. They hold 16 of the same securities, the largest shared ones being SBIN, ONGC, NTPC. From each fund's latest monthly portfolio.
Can I invest in both ICICI Prudential PSU Equity Fund and Kotak Nifty200 Value 30 Index Fund?
Yes. 40.0% of each fund's money sits in the same holdings, so some of the two investments would move together.
Who manages ICICI Prudential PSU Equity Fund and Kotak Nifty200 Value 30 Index Fund?
ICICI Prudential PSU Equity Fund: Antariksha Banerjee. Kotak Nifty200 Value 30 Index Fund: Devender Singhal, Satish Dondapati, 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.