ICICI Prudential Quality Fund vs LIC MF Nifty 100 ETF
Direct Plan where a fund has one, Growth option · Data as on 30-10-2026
ICICI Prudential Quality Fund is a Thematic fund and LIC MF Nifty 100 ETF is an ETF fund. In the year to 30-10-2026, ICICI Prudential Quality Fund (Direct) returned −0.9% and LIC MF Nifty 100 ETF returned −8.9%. ICICI Prudential Quality Fund charges 1.44% a year and LIC MF Nifty 100 ETF 0.30%. Their portfolios overlap 33.5%: they hold 30 of the same securities.
ICICI Prudential Quality Fund
Thematic
- 1 year return
- −0.9%
- Expense ratio
- 1.44%
- NAV
- ₹10.42
Which is better, ICICI Prudential Quality or LIC MF Nifty 100 ETF? 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 Quality returned more over 1 year: −0.9% against −8.9%.
- LIC MF Nifty 100 ETF costs less: 0.30% a year against 1.44%.
- ICICI Prudential Quality fell less in its worst fall since 26-05-2025: −12.8% against −14.9%.
- LIC MF Nifty 100 ETF holds more in large companies: 97.6% of the fund in large caps against 56.0%.
- ICICI Prudential Quality is the larger fund: ₹2,002 Cr against ₹698 Cr.
- Their portfolios overlap 33.5%: 30 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 Quality Fund | LIC MF Nifty 100 ETF |
|---|---|---|
| Fund house | ICICI Prudential Mutual Fund | LIC Mutual Fund |
| Category | Thematic | ETF |
| AUM | ₹2,002 Cr (30-09-2026) | ₹698 Cr (30-09-2026) |
| NAV | ₹10.42 (Direct) | ₹263.09 |
| Expense ratio (Direct) | 1.44% | Not available |
| Expense ratio (Regular) | 2.51% | Not available |
| Riskometer | Not available | Very High |
| Benchmark | Nifty 200 Quality 30 TRI | Nifty 100 TRI |
| Launch date | 23-05-2025 | 17-03-2016 |
| Minimum investment | ₹5,000 | For Subscription of units directly with Mutual Fund: All direct transactions in units of the Scheme by MMs/APs or other eligible investors with the AMC/the Fund shall be at intra-day NAV based on the actual execution price of the underlying portfolio. Any |
| Lock in | None | None |
| Fund managers | Masoomi Jhurmarvala | Nikhil Kapoor, Sasikant Aravamuthan |
| Exit load | • 1% of applicable Net Asset Value - If the amount sought to be redeemed or switched out within 1 month from allotment. • NIL - If the amount sought to be redeemed or switched out more than 1 month. | Nil |
ICICI Prudential Quality vs LIC MF Nifty 100 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 Quality Fund (Direct) | −0.10% | −3.34% | +2.76% | −0.95% | -- | -- | -- |
| LIC MF Nifty 100 ETF | +1.02% | −5.36% | −3.05% | −8.92% | +8.77% | +6.92% | +11.38% |
| Thematic average | −2.09% | −4.52% | +0.86% | −1.22% | -- | -- | -- |
Category average: the average of the 235 Thematic funds, same plan type.
ICICI Prudential Quality vs LIC MF Nifty 100 ETF: Year-wise Returns
| Year | ICICI Prudential QualityICICI Prudential Quality | LIC MF Nifty 100 ETFLIC MF Nifty 100 ETF |
|---|---|---|
| 2026to date | −2.43% | −9.51% |
| 2025 | -- | +9.95% |
| 2024 | -- | +12.58% |
| 2023 | -- | +20.76% |
| 2022 | -- | +4.76% |
| 2021 | -- | +25.98% |
ICICI Prudential Quality vs LIC MF Nifty 100 ETF: Rolling Returns
Every holding period of both funds, against NIFTY200 Quality 30 TRI, the benchmark of ICICI Prudential Quality Fund
Rolling returns
Every 1-year holding period, 107 of them, one for each trading day from 26-05-2026 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 Quality Fund (Direct)
LIC MF Nifty 100 ETF
NIFTY200 Quality 30 TRI
to
Jun 2026Jul 2025
to
Jul 2026Jul 2025
to
Jul 2026Aug 2025
to
Aug 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 Quality | 10.3 | 58.9 | 29.0 | 1.9 | 0.0 | 0.0 | 0.0 | 3.7% | 3.1% | −3.2% | 10.4% | 100% |
| LIC MF Nifty 100 ETF | 76.6 | 23.4 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | −2.6% | −2.0% | −10.7% | 4.1% | 44% |
| NIFTY200 Quality 30 TRI | 72.9 | 19.6 | 7.5 | 0.0 | 0.0 | 0.0 | 0.0 | −2.2% | −2.4% | −10.5% | 6.5% | -- |
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 NIFTY200 Quality 30 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 26-05-2025. Past returns do not promise future returns.
ICICI Prudential Quality vs LIC MF Nifty 100 ETF: 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 26-05-2025 to 30-10-2026: 18 instalments, ₹1,80,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| ICICI Prudential QualityICICI Prudential Quality Fund (Direct) | ₹1,80,000 | ₹1,82,033 | ₹2,033 | 1.4% |
| LIC MF Nifty 100 ETFLIC MF Nifty 100 ETF | ₹1,80,000 | ₹1,71,968 | −₹8,032 | −5.7% |
ICICI Prudential QualityICICI Prudential Quality Fund (Direct)
LIC MF Nifty 100 ETFLIC MF Nifty 100 ETF
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 Quality vs LIC MF Nifty 100 ETF: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | ICICI Prudential Quality Fund (Direct) | LIC MF Nifty 100 ETF |
|---|---|---|
| Return (CAGR) | −0.95% | −8.92% |
| Standard deviation | 12.46% | 14.02% |
| Sharpe ratio | -0.50 | -1.01 |
| Sortino ratio | -0.66 | -1.34 |
| Maximum drawdown | −12.8% (30-03-2026) | −14.9% (31-03-2026) |
| Beta | 0.79 | 1.00 |
| Alpha | +5.10% | −0.26% |
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 Quality Fund (Direct) | LIC MF Nifty 100 ETF |
|---|---|---|
| Return (CAGR) | +2.71% | +12.32% |
| Standard deviation | 11.14% | 15.80% |
| Sharpe ratio | -0.24 | 0.43 |
| Sortino ratio | -0.32 | 0.59 |
| Maximum drawdown | −12.8% (30-03-2026) | −38.0% (23-03-2020) |
| Beta | 0.77 | 1.00 |
| Alpha | +5.08% | −0.32% |
From daily NAVs, 26-05-2025 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 Quality Fund (Direct)
LIC MF Nifty 100 ETF
NIFTY200 Quality 30 TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| ICICI Prudential Quality Fund (Direct) | −12.8% | 23-12-2025 | 30-03-2026 | 29-07-2026 | 4 months | −5.4% |
| LIC MF Nifty 100 ETF | −14.9% | 02-01-2026 | 31-03-2026 | Not yet | -- | −10.3% |
| NIFTY200 Quality 30 TRI | −15.7% | 07-01-2026 | 30-03-2026 | Not yet | -- | −11.5% |
From daily values since 26-05-2025, 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 Quality Fund (Direct)
LIC MF Nifty 100 ETF
NIFTY200 Quality 30 TRI
Against NIFTY200 Quality 30 TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| ICICI Prudential Quality Fund (Direct) | 80% | 53% | 6.68% |
| LIC MF Nifty 100 ETF | 77% | 75% | 7.19% |
From month-end values since 26-05-2025. 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 Quality vs LIC MF Nifty 100 ETF: Portfolio Overlap
From each fund's latest monthly portfolio: ICICI Prudential Quality Fund, September 2026; LIC MF Nifty 100 ETF, September 2026
Holdings in common
- Overlap
- 33.5%
- Held by both
- 30
- Only in ICICI Prudential Quality
- 41
- Only in LIC MF Nifty 100 ETF
- 70
| Security | % of ICICI Prudential Quality | % of LIC MF Nifty 100 ETF |
|---|---|---|
| ICICI Bank Ltd. | 6.50% | 7.28% |
| HDFC Bank Ltd. | 3.91% | 8.34% |
| Mahindra & Mahindra Ltd. | 3.40% | 2.02% |
| Tata Consultancy Services Ltd. | 1.80% | 1.60% |
| Sun Pharmaceutical Industries Ltd. | 2.87% | 1.48% |
| Hindustan Unilever Ltd. | 2.65% | 1.28% |
| State Bank Of India | 1.09% | 3.05% |
| Bharat Electronics Ltd. | 4.18% | 1.06% |
| Vedanta Aluminium Metal Ltd. | 0.96% | 1.10% |
| Divi's Laboratories Ltd. | 4.06% | 0.92% |
| Eternal Ltd. | 0.89% | 1.78% |
| Interglobe Aviation Ltd. | 1.03% | 0.89% |
| JSW Steel Ltd. | 0.88% | 0.92% |
| Bajaj Finserv Ltd. | 1.92% | 0.79% |
| Coal India Ltd. | 1.13% | 0.79% |
| Eicher Motors Ltd. | 1.82% | 0.78% |
| Tech Mahindra Ltd. | 1.82% | 0.75% |
| Hindustan Aeronautics Ltd. | 1.54% | 0.69% |
| Apollo Hospitals Enterprise Ltd. | 1.52% | 0.66% |
| ITC Ltd. | 0.66% | 1.94% |
| Power Grid Corporation Of India Ltd. | 0.62% | 0.92% |
| Torrent Pharmaceuticals Ltd. | 1.90% | 0.56% |
| Cholamandalam Investment And Finance Company Ltd. | 1.78% | 0.55% |
| Cummins India Ltd. | 0.51% | 0.51% |
| BSE Ltd. | 0.50% | 0.74% |
| Avenue Supermarts Ltd. | 1.16% | 0.48% |
| Varun Beverages Ltd. | 1.00% | 0.46% |
| CG Power and Industrial Solutions Ltd. | 0.98% | 0.46% |
| HDFC Life Insurance Company Ltd. | 1.30% | 0.44% |
| Godrej Consumer Products Ltd. | 1.56% | 0.27% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 33.5% means 33.5% 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 Quality Fund
| Security | % of fund |
|---|---|
| Astrazeneca Pharma India Ltd. | 2.50% |
| TD Power Systems Ltd. | 2.12% |
| Alkem Laboratories Ltd. | 2.01% |
| Mphasis Ltd. | 1.75% |
| COFORGE Ltd. | 1.73% |
Largest holdings only in LIC MF Nifty 100 ETF
| Security | % of fund |
|---|---|
| Reliance Industries Ltd. | 6.09% |
| Bharti Airtel Ltd. | 4.10% |
| Larsen & Toubro Ltd. | 3.38% |
| Axis Bank Ltd. | 2.71% |
| Infosys Ltd. | 2.70% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | ICICI Prudential Quality | LIC MF Nifty 100 ETF |
|---|---|---|
| Equity | 95.6% | 99.7% |
| Debt | 0.0% | 0.0% |
| Cash and others | 4.4% | 0.3% |
Market cap of stocks
| Market cap | ICICI Prudential Quality | LIC MF Nifty 100 ETF |
|---|---|---|
| Large Cap | 56.0% | 97.6% |
| Mid Cap | 12.0% | 2.0% |
| Small Cap | 21.8% | 0.0% |
| Not on AMFI's list | 5.8% | 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 Quality | LIC MF Nifty 100 ETF |
|---|---|---|
| Banks | 11.5% | 24.9% |
| Pharmaceuticals & Biotechnology | 14.3% | 4.4% |
| Aerospace & Defense | 7.1% | 1.8% |
| It - Software | 7.1% | 0.0% |
| Petroleum Products | 0.0% | 7.0% |
| Healthcare Services | 6.7% | 1.2% |
| IT - Software | 0.0% | 6.7% |
| Automobiles | 6.1% | 6.3% |
| Finance | 4.8% | 6.2% |
The six largest sectors of each fund's stocks, % of the fund.
ICICI Prudential Quality vs LIC MF Nifty 100 ETF: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | ICICI Prudential Quality Fund | LIC MF Nifty 100 ETF |
|---|---|---|
| Total expense ratio (Direct) | 1.44% | Not available |
| Base expense ratio (Direct) | 0.85% | 0.00% |
| Total expense ratio (Regular) | 2.51% | Not available |
| Base expense ratio (Regular) | 1.77% | 0.24% |
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 Quality with
ICICI Prudential Quality Fund vs LIC MF Nifty 100 ETF: Frequently Asked Questions
What is the difference between ICICI Prudential Quality Fund and LIC MF Nifty 100 ETF?
ICICI Prudential Quality Fund is a Thematic fund, LIC MF Nifty 100 ETF is an ETF fund, run by ICICI Prudential Mutual Fund and LIC Mutual Fund. Their portfolios overlap 33.5%. ICICI Prudential Quality Fund charges 1.44% a year and LIC MF Nifty 100 ETF 0.30%.
Which has given higher returns, ICICI Prudential Quality Fund or LIC MF Nifty 100 ETF?
Over 1 year: ICICI Prudential Quality Fund −0.95%, LIC MF Nifty 100 ETF −8.92%. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, ICICI Prudential Quality Fund or LIC MF Nifty 100 ETF?
LIC MF Nifty 100 ETF charges less: 0.30% a year against 1.44%. These are the total expense ratios reported to AMFI.
How much do ICICI Prudential Quality Fund and LIC MF Nifty 100 ETF overlap?
33.5%. They hold 30 of the same securities, the largest shared ones being ICICIBANK, HDFCBANK, M&M. From each fund's latest monthly portfolio.
Can I invest in both ICICI Prudential Quality Fund and LIC MF Nifty 100 ETF?
Yes. 33.5% of each fund's money sits in the same holdings, so some of the two investments would move together.
Who manages ICICI Prudential Quality Fund and LIC MF Nifty 100 ETF?
ICICI Prudential Quality Fund: Masoomi Jhurmarvala. LIC MF Nifty 100 ETF: Nikhil Kapoor, Sasikant Aravamuthan.
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.