HDFC NIFTY Private Bank ETF vs ICICI Prudential Nifty Private Bank ETF
HDFC NIFTY Private Bank ETF and ICICI Prudential Nifty Private Bank ETF are both Nifty Private Bank Index Funds & ETFs. As of 5 Nov 2026 (Direct plan, Growth option): 3-year CAGR +8.91% vs +8.72%, 5-year CAGR — vs +7.53%, volatility 16.37% vs 16.37%, maximum drawdown −17.30% vs −50.60%. Their portfolios overlap by 100% (10 stocks held by both).
Showing the Direct plan, Growth option. Portfolio, sector and market-cap figures are the same for every plan and option of a fund.
Key facts
| HDFC NIFTY Private Bank ETF | ICICI Prudential Nifty Private Bank ETF | |
|---|---|---|
| Fund house | HDFC Mutual Fund | ICICI Prudential Mutual Fund |
| Compared as | Nifty Private Bank Index Funds & ETFs | Nifty Private Bank Index Funds & ETFs |
| NAV | ₹29.1655 | ₹28.9157 |
| NAV date | 5 Nov 2026 | 5 Nov 2026 |
| Launched (first NAV) | 16 Nov 2022 | 13 Aug 2019 |
| Track record | 4.0 yrs | 7.2 yrs |
| Fund size (AUM) | ₹481 Cr | ₹4,179 Cr |
| Securities held | 10 | 10 |
| Portfolio as of | 30 Sep 2026 | 30 Sep 2026 |
| Fund page | Full record → | Full record → |
Returns
| HDFC NIFTY Private Bank ETF | ICICI Prudential Nifty Private Bank ETF | |
|---|---|---|
| 1 month | +5.48% | +5.48% |
| 3 months | +3.26% | +3.27% |
| 6 months | +7.28% | +7.29% |
| 1 year | +2.67% | +2.68% |
| 3 years (CAGR) | +8.91% | +8.72% |
| 5 years (CAGR) | — | +7.53% |
| 7 years (CAGR) | — | +8.17% |
| 10 years (CAGR) | — | — |
| Since launch (CAGR) | +7.83% | +8.96% |
| SIP return (XIRR, 5 years) ⓘ | — | +8.51% |
Up to one year: absolute return. Beyond one year: CAGR. Computed from each fund's own NAV history (AMFI), measured to the latest NAV.
Calendar-year returns
| HDFC NIFTY Private Bank ETF | ICICI Prudential Nifty Private Bank ETF | |
|---|---|---|
| 2026 (year to date) | −0.03% | −0.01% |
| 2025 | +16.37% | +16.37% |
| 2024 | +0.32% | −0.22% |
| 2023 | +14.46% | +14.46% |
| 2022 | — | +21.75% |
| 2021 | — | +4.77% |
Risk
| HDFC NIFTY Private Bank ETF | ICICI Prudential Nifty Private Bank ETF | |
|---|---|---|
| Volatility (annualised) ⓘ | 16.37% | 16.37% |
| Downside volatility ⓘ | 11.82% | 11.83% |
| Sharpe ratio ⓘ | 0.15 | 0.14 |
| Sortino ratio ⓘ | 0.21 | 0.19 |
| Maximum drawdown ⓘ | −17.30% | −50.60% |
| Recovery from that fall | — | 10 months |
| Current fall from peak | −1.61% | −1.59% |
| Rolling 1-year return: worst | −6.29% | −33.25% |
| Rolling 1-year return: median | +9.34% | +9.92% |
| Rolling 1-year return: best | +21.60% | +103.36% |
| Share of 1-year periods with a loss | 12.09% | 18.15% |
Against each fund's benchmark
| HDFC NIFTY Private Bank ETF | ICICI Prudential Nifty Private Bank ETF | |
|---|---|---|
| Beta ⓘ | 0.91 | 0.91 |
| Alpha (Jensen's, annualised) ⓘ | −0.61% | −0.78% |
| R² ⓘ | 69.75 | 69.61 |
| Upside capture | 82.75% | 82.03% |
| Downside capture | 77.71% | 77.72% |
| Tracking error | 9.02% | 9.04% |
| Information ratio | -0.13 | -0.15 |
| Treynor ratio | 0.88 | 0.68 |
Portfolio
Asset mix
| HDFC NIFTY Private Bank ETF | ICICI Prudential Nifty Private Bank ETF | |
|---|---|---|
| Equity | 100.00% | 99.99% |
Market-cap split (share of fund assets)
| HDFC NIFTY Private Bank ETF | ICICI Prudential Nifty Private Bank ETF | |
|---|---|---|
| Large Cap | 81.48% | 81.47% |
| Mid Cap | 15.61% | 15.62% |
| Small Cap | 2.91% | 2.91% |
| Unclassified | 0.00% | 0.00% |
Concentration
| HDFC NIFTY Private Bank ETF | ICICI Prudential Nifty Private Bank ETF | |
|---|---|---|
| Top 10 holdings | 100.00% | 100.00% |
| Effective number of stocks ⓘ | 5.8 | 5.8 |
| Securities held | 10 | 10 |
Portfolio overlap: 100%
10 companies are held by both funds; by weight, 100% of the two portfolios is the same. That is a high overlap: holding both adds little diversification beyond holding one.
| Held by both | HDFC NIFTY Private Bank ETF | ICICI Prudential Nifty Private Bank ETF |
|---|---|---|
| ICICI Bank Limited | 21.53% | 21.53% |
| HDFC Bank Limited | 20.83% | 20.83% |
| Kotak Mahindra Bank Limited | 19.84% | 19.84% |
| Axis Bank Limited | 19.28% | 19.28% |
| The Federal Bank Limited | 5.35% | 5.36% |
| IndusInd Bank Limited | 4.06% | 4.06% |
| IDFC First Bank Limited | 3.69% | 3.69% |
| Yes Bank Limited | 2.51% | 2.51% |
| RBL Bank Limited | 1.71% | 1.71% |
| Bandhan Bank Limited | 1.20% | 1.20% |
Top 10 holdings
HDFC NIFTY Private Bank ETF
- ICICI Bank Limited21.53%
- HDFC Bank Limited20.83%
- Kotak Mahindra Bank Limited19.84%
- Axis Bank Limited19.28%
- The Federal Bank Limited5.35%
- IndusInd Bank Limited4.06%
- IDFC First Bank Limited3.69%
- Yes Bank Limited2.51%
- RBL Bank Limited1.71%
- Bandhan Bank Limited1.20%
ICICI Prudential Nifty Private Bank ETF
- ICICI Bank Limited21.53%
- HDFC Bank Limited20.82%
- Kotak Mahindra Bank Limited19.84%
- Axis Bank Limited19.28%
- The Federal Bank Limited5.35%
- IndusInd Bank Limited4.06%
- IDFC First Bank Limited3.69%
- Yes Bank Limited2.51%
- RBL Bank Limited1.71%
- Bandhan Bank Limited1.20%
Sector exposure
| HDFC NIFTY Private Bank ETF | ICICI Prudential Nifty Private Bank ETF | |
|---|---|---|
| Banks | 100.00% | 100.00% |
Questions people ask
What is the difference between HDFC NIFTY Private Bank ETF and ICICI Prudential Nifty Private Bank ETF returns?
As of 5 Nov 2026, Direct plan Growth option: 1-year return +2.67% vs +2.68%; 3-year CAGR +8.91% vs +8.72%; 5-year CAGR — vs +7.53%; 10-year CAGR — vs —. Past returns do not indicate future returns.
How do HDFC NIFTY Private Bank ETF and ICICI Prudential Nifty Private Bank ETF compare on risk?
Volatility (36 monthly returns, annualised) 16.37% vs 16.37%; Sharpe ratio 0.15 vs 0.14; Sortino ratio 0.21 vs 0.19; maximum drawdown −17.30% vs −50.60%; beta 0.91 vs 0.91.
How much do HDFC NIFTY Private Bank ETF and ICICI Prudential Nifty Private Bank ETF overlap?
By weight, 100% of the two portfolios is invested in the same companies; 10 stocks are held by both, the largest shared positions being ICICI Bank Limited, HDFC Bank Limited, Kotak Mahindra Bank Limited. Based on the portfolios disclosed for Sep 2026 and Sep 2026.
What is the large, mid and small cap split of HDFC NIFTY Private Bank ETF and ICICI Prudential Nifty Private Bank ETF?
HDFC NIFTY Private Bank ETF: large cap 81.5%, mid cap 15.6%, small cap 2.9%. ICICI Prudential Nifty Private Bank ETF: large cap 81.5%, mid cap 15.6%, small cap 2.9% (share of the fund's assets, from its latest disclosed portfolio).
Is this a recommendation to choose one of these funds?
No. This page places the published figures of both funds side by side. It does not rank, rate or recommend either fund; which one suits an investor depends on their goals, horizon and risk tolerance.
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Sources: NAV from AMFI; returns, risk and ratios computed by MF Analyser from each fund's NAV history (risk on 36 monthly returns, risk-free rate 6.5%); benchmark ratios against each fund's benchmark total-return index; portfolios from each fund house's monthly disclosure. Returns and ratios as of 5 Nov 2026. IDCW options show no return or risk figures because payouts reduce the NAV and AMFI's file carries no payout history to add back. This page compares published figures only — it does not rank, rate or recommend either fund. Past performance does not indicate future returns; mutual fund investments are subject to market risks.