ICICI Prudential Healthcare Fund vs Kotak Healthcare Fund
ICICI Prudential Healthcare Fund and Kotak Healthcare Fund are both Pharma & Healthcare Funds. As of 6 Nov 2026 (Direct plan, Growth option): 3-year CAGR +22.80% vs —, 5-year CAGR +17.33% vs —, volatility 15.33% vs 16.04%, maximum drawdown −20.58% vs −18.05%. Their portfolios overlap by 32.1% (11 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
| ICICI Prudential Healthcare | Kotak Healthcare | |
|---|---|---|
| Fund house | ICICI Prudential Mutual Fund | Kotak Mahindra Mutual Fund |
| Compared as | Pharma & Healthcare Funds | Pharma & Healthcare Funds |
| NAV | ₹47.3700 | ₹18.0730 |
| NAV date | 6 Nov 2026 | 6 Nov 2026 |
| Launched (first NAV) | 16 Jul 2018 | 18 Dec 2023 |
| Track record | 8.3 yrs | 2.9 yrs |
| Fund size (AUM) | ₹6,861 Cr | ₹825 Cr |
| Securities held | 39 | 35 |
| Portfolio as of | 30 Sep 2026 | 30 Sep 2026 |
| Fund page | Full record → | Full record → |
Returns
| ICICI Prudential Healthcare | Kotak Healthcare | |
|---|---|---|
| 1 month | +3.36% | +2.18% |
| 3 months | −0.82% | +4.21% |
| 6 months | +5.24% | +17.99% |
| 1 year | +9.35% | +28.30% |
| 3 years (CAGR) | +22.80% | — |
| 5 years (CAGR) | +17.33% | — |
| 7 years (CAGR) | +24.39% | — |
| 10 years (CAGR) | — | — |
| Since launch (CAGR) | +20.73% | +22.59% |
| SIP return (XIRR, 5 years) ⓘ | +19.86% | — |
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
| ICICI Prudential Healthcare | Kotak Healthcare | |
|---|---|---|
| 2026 (year to date) | +10.03% | +31.87% |
| 2025 | +0.05% | −5.83% |
| 2024 | +49.36% | +41.86% |
| 2023 | +42.55% | — |
| 2022 | −7.63% | — |
| 2021 | +19.30% | — |
Risk
| ICICI Prudential Healthcare | Kotak Healthcare | |
|---|---|---|
| Volatility (annualised) ⓘ | 15.33% | 16.04% |
| Downside volatility ⓘ | 9.43% | 9.76% |
| Sharpe ratio ⓘ | 1.06 | 1.00 |
| Sortino ratio ⓘ | 1.73 | 1.65 |
| Maximum drawdown ⓘ | −20.58% | −18.05% |
| Recovery from that fall | 1 months | 14 months |
| Current fall from peak | −1.56% | −0.91% |
| Rolling 1-year return: worst | −12.32% | −6.20% |
| Rolling 1-year return: median | +18.67% | +15.29% |
| Rolling 1-year return: best | +94.27% | +43.05% |
| Share of 1-year periods with a loss | 17.98% | 13.49% |
Against each fund's benchmark
| ICICI Prudential Healthcare | Kotak Healthcare | |
|---|---|---|
| Beta ⓘ | 0.79 | 0.73 |
| Alpha (Jensen's, annualised) ⓘ | +11.69% | +13.86% |
| R² ⓘ | 59.17 | 45.60 |
| Upside capture | 115.18% | 126.85% |
| Downside capture | 54.85% | 50.26% |
| Tracking error | 10.82% | 12.64% |
| Information ratio | 1.14 | 1.21 |
| Treynor ratio | 20.14 | 19.32 |
Portfolio
Asset mix
| ICICI Prudential Healthcare | Kotak Healthcare | |
|---|---|---|
| Equity | 98.91% | 98.69% |
| Cash & equivalents | 1.10% | 1.31% |
Market-cap split (share of fund assets)
| ICICI Prudential Healthcare | Kotak Healthcare | |
|---|---|---|
| Large Cap | 23.35% | 33.44% |
| Mid Cap | 31.98% | 19.62% |
| Small Cap | 42.70% | 38.31% |
| Unclassified | 0.87% | 7.32% |
Concentration
| ICICI Prudential Healthcare | Kotak Healthcare | |
|---|---|---|
| Top 10 holdings | 57.84% | 52.78% |
| Effective number of stocks ⓘ | 21.2 | 21 |
| Securities held | 39 | 35 |
Portfolio overlap: 32.1%
11 companies are held by both funds; by weight, 32.1% of the two portfolios is the same. That is a moderate overlap.
| Held by both | ICICI Prudential Healthcare | Kotak Healthcare |
|---|---|---|
| Sun Pharmaceutical Industries Limited | 11.49% | 13.21% |
| Divi's Laboratories Limited | 3.78% | 9.35% |
| Cipla Limited | 5.79% | 3.26% |
| Mankind Pharma Limited | 5.04% | 2.73% |
| Max Healthcare Institute Limited | 2.63% | 3.61% |
| Apollo Hospitals Enterprise Limited | 2.30% | 2.97% |
| Gland Pharma Limited | 1.97% | 3.16% |
| Rainbow Childrens Medicare Limited | 1.29% | 1.11% |
| Lupin Limited | 1.88% | 0.98% |
| Metropolis Healthcare Limited | 1.65% | 0.98% |
| Pfizer Limited | 2.42% | 0.89% |
Top 10 holdings
ICICI Prudential Healthcare
- Sun Pharmaceutical Industries Limited11.49%
- Dr. Reddy's Laboratories Limited9.73%
- Cipla Limited5.79%
- Biocon Ltd.5.33%
- Mankind Pharma Limited5.04%
- Alkem Laboratories Limited4.81%
- MedPlus Health Services Limited4.31%
- Cohance Lifesciences Limited4.06%
- Divi's Laboratories Limited3.78%
- Syngene International Limited3.50%
Kotak Healthcare
- Sun Pharmaceutical Industries Limited13.21%
- Divi's Laboratories Limited9.35%
- Molbio Diagnostics Limited5.08%
- Torrent Pharmaceuticals Limited4.65%
- Acutaas Chemicals Limited4.17%
- Max Healthcare Institute Limited3.61%
- Cipla Limited3.26%
- Park Medi World Ltd.3.17%
- Gland Pharma Limited3.16%
- Yatharth Hospital & Trauma Care Serv Ltd3.12%
Sector exposure
| ICICI Prudential Healthcare | Kotak Healthcare | |
|---|---|---|
| Pharmaceuticals & Biotechnology | 72.63% | 68.96% |
| Healthcare Services | 18.28% | 21.06% |
| Healthcare Equipment & Supplies | 0.68% | 5.08% |
| Retailing | 5.05% | 0.00% |
| Chemicals & Petrochemicals | 1.21% | 3.59% |
| Insurance | 1.06% | 0.00% |
Questions people ask
What is the difference between ICICI Prudential Healthcare and Kotak Healthcare returns?
As of 6 Nov 2026, Direct plan Growth option: 1-year return +9.35% vs +28.30%; 3-year CAGR +22.80% vs —; 5-year CAGR +17.33% vs —; 10-year CAGR — vs —. Past returns do not indicate future returns.
How do ICICI Prudential Healthcare and Kotak Healthcare compare on risk?
Volatility (36 monthly returns, annualised) 15.33% vs 16.04%; Sharpe ratio 1.06 vs 1.00; Sortino ratio 1.73 vs 1.65; maximum drawdown −20.58% vs −18.05%; beta 0.79 vs 0.73.
How much do ICICI Prudential Healthcare and Kotak Healthcare overlap?
By weight, 32.1% of the two portfolios is invested in the same companies; 11 stocks are held by both, the largest shared positions being Sun Pharmaceutical Industries Limited, Divi's Laboratories Limited, Cipla Limited. Based on the portfolios disclosed for Sep 2026 and Sep 2026.
What is the large, mid and small cap split of ICICI Prudential Healthcare and Kotak Healthcare?
ICICI Prudential Healthcare: large cap 23.4%, mid cap 32.0%, small cap 42.7%. Kotak Healthcare: large cap 33.4%, mid cap 19.6%, small cap 38.3% (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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Kotak Healthcare vs
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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 6 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.