ICICI Prudential Nifty Auto Index Fund vs Nippon India Nifty Auto ETF
ICICI Prudential Nifty Auto Index Fund and Nippon India Nifty Auto ETF are both Nifty Auto Index Funds & ETFs. As of 5 Nov 2026 (Direct plan, Growth option): 3-year CAGR +20.25% vs +20.52%, 5-year CAGR — vs —, volatility 20.59% vs 20.64%, maximum drawdown −28.33% vs −28.25%. Their portfolios overlap by 99.9% (15 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 Nifty Auto Index | Nippon India Nifty Auto ETF | |
|---|---|---|
| Fund house | ICICI Prudential Mutual Fund | Nippon India Mutual Fund |
| Compared as | Nifty Auto Index Funds & ETFs | Nifty Auto Index Funds & ETFs |
| NAV | ₹22.3187 | ₹285.6087 |
| NAV date | 5 Nov 2026 | 5 Nov 2026 |
| Launched (first NAV) | 12 Oct 2022 | 24 Jan 2022 |
| Track record | 4.1 yrs | 4.8 yrs |
| Fund size (AUM) | ₹234 Cr | ₹452 Cr |
| Securities held | 15 | 15 |
| Portfolio as of | 30 Sep 2026 | 30 Sep 2026 |
| Fund page | Full record → | Full record → |
Returns
| ICICI Prudential Nifty Auto Index | Nippon India Nifty Auto ETF | |
|---|---|---|
| 1 month | +8.03% | +8.04% |
| 3 months | −5.13% | −5.11% |
| 6 months | +1.64% | +1.69% |
| 1 year | +4.46% | +4.52% |
| 3 years (CAGR) | +20.25% | +20.52% |
| 5 years (CAGR) | — | — |
| 7 years (CAGR) | — | — |
| 10 years (CAGR) | — | — |
| Since launch (CAGR) | +21.62% | +21.48% |
| SIP return (XIRR, 5 years) ⓘ | — | — |
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 Nifty Auto Index | Nippon India Nifty Auto ETF | |
|---|---|---|
| 2026 (year to date) | −1.31% | −1.28% |
| 2025 | +23.92% | +24.19% |
| 2024 | +22.82% | +23.26% |
| 2023 | +47.65% | +48.38% |
Risk
| ICICI Prudential Nifty Auto Index | Nippon India Nifty Auto ETF | |
|---|---|---|
| Volatility (annualised) ⓘ | 20.59% | 20.64% |
| Downside volatility ⓘ | 15.37% | 15.39% |
| Sharpe ratio ⓘ | 0.67 | 0.68 |
| Sortino ratio ⓘ | 0.90 | 0.91 |
| Maximum drawdown ⓘ | −28.33% | −28.25% |
| Recovery from that fall | 7 months | 7 months |
| Current fall from peak | −6.97% | −6.94% |
| Rolling 1-year return: worst | −10.96% | −10.87% |
| Rolling 1-year return: median | +20.70% | +21.72% |
| Rolling 1-year return: best | +77.34% | +78.26% |
| Share of 1-year periods with a loss | 16.53% | 12.94% |
Against each fund's benchmark
| ICICI Prudential Nifty Auto Index | Nippon India Nifty Auto ETF | |
|---|---|---|
| Beta ⓘ | 1.21 | 1.21 |
| Alpha (Jensen's, annualised) ⓘ | +8.50% | +8.74% |
| R² ⓘ | 73.92 | 73.94 |
| Upside capture | 144.48% | 145.36% |
| Downside capture | 111.10% | 110.87% |
| Tracking error | 11.05% | 11.09% |
| Information ratio | 0.80 | 0.83 |
| Treynor ratio | 9.00 | 9.20 |
Portfolio
Asset mix
| ICICI Prudential Nifty Auto Index | Nippon India Nifty Auto ETF | |
|---|---|---|
| Equity | 99.97% | 99.96% |
| Cash & equivalents | 0.05% | 0.04% |
Market-cap split (share of fund assets)
| ICICI Prudential Nifty Auto Index | Nippon India Nifty Auto ETF | |
|---|---|---|
| Large Cap | 75.43% | 75.42% |
| Mid Cap | 24.53% | 24.54% |
| Small Cap | 0.00% | 0.00% |
| Unclassified | 0.00% | 0.00% |
Concentration
| ICICI Prudential Nifty Auto Index | Nippon India Nifty Auto ETF | |
|---|---|---|
| Top 10 holdings | 86.98% | 86.98% |
| Effective number of stocks ⓘ | 9.4 | 9.4 |
| Securities held | 15 | 15 |
Portfolio overlap: 99.9%
15 companies are held by both funds; by weight, 99.9% of the two portfolios is the same. That is a high overlap: holding both adds little diversification beyond holding one.
| Held by both | ICICI Prudential Nifty Auto Index | Nippon India Nifty Auto ETF |
|---|---|---|
| Mahindra & Mahindra Limited | 22.26% | 22.26% |
| Maruti Suzuki India Limited | 13.14% | 13.14% |
| Bajaj Auto Limited | 10.02% | 10.02% |
| Eicher Motors Ltd. | 8.33% | 8.33% |
| TVS Motor Company Ltd. | 8.14% | 8.14% |
| Samvardhana Motherson International Limited | 6.09% | 6.09% |
| Hero MotoCorp Limited | 5.75% | 5.75% |
| Tata Motors Passenger Vehicles Limited | 5.01% | 5.00% |
| Bharat Forge Limited | 4.52% | 4.52% |
| Ashok Leyland Limited | 3.73% | 3.73% |
| Bosch Limited | 3.45% | 3.45% |
| Sona BLW Precision Forgings Limited | 3.15% | 3.15% |
| Hyundai Motor India Ltd. | 2.44% | 2.44% |
| Tube Investments of India Limited | 2.14% | 2.14% |
| UNO Minda Limited | 1.80% | 1.80% |
Top 10 holdings
ICICI Prudential Nifty Auto Index
- Mahindra & Mahindra Limited22.26%
- Maruti Suzuki India Limited13.14%
- Bajaj Auto Limited10.02%
- Eicher Motors Ltd.8.33%
- TVS Motor Company Ltd.8.14%
- Samvardhana Motherson International Limited6.09%
- Hero MotoCorp Limited5.75%
- Tata Motors Passenger Vehicles Limited5.01%
- Bharat Forge Limited4.52%
- Ashok Leyland Limited3.73%
Nippon India Nifty Auto ETF
- Mahindra & Mahindra Limited22.26%
- Maruti Suzuki India Limited13.14%
- Bajaj Auto Limited10.02%
- Eicher Motors Ltd.8.33%
- TVS Motor Company Ltd.8.14%
- Samvardhana Motherson International Limited6.09%
- Hero MotoCorp Limited5.75%
- Tata Motors Passenger Vehicles Limited5.00%
- Bharat Forge Limited4.52%
- Ashok Leyland Limited3.73%
Sector exposure
| ICICI Prudential Nifty Auto Index | Nippon India Nifty Auto ETF | |
|---|---|---|
| Automobiles | 75.08% | 75.08% |
| Auto Components | 21.15% | 21.15% |
| Agricultural, Commercial & Construction Vehicles | 3.73% | 3.73% |
Questions people ask
What is the difference between ICICI Prudential Nifty Auto Index and Nippon India Nifty Auto ETF returns?
As of 5 Nov 2026, Direct plan Growth option: 1-year return +4.46% vs +4.52%; 3-year CAGR +20.25% vs +20.52%; 5-year CAGR — vs —; 10-year CAGR — vs —. Past returns do not indicate future returns.
How do ICICI Prudential Nifty Auto Index and Nippon India Nifty Auto ETF compare on risk?
Volatility (36 monthly returns, annualised) 20.59% vs 20.64%; Sharpe ratio 0.67 vs 0.68; Sortino ratio 0.90 vs 0.91; maximum drawdown −28.33% vs −28.25%; beta 1.21 vs 1.21.
How much do ICICI Prudential Nifty Auto Index and Nippon India Nifty Auto ETF overlap?
By weight, 99.9% of the two portfolios is invested in the same companies; 15 stocks are held by both, the largest shared positions being Mahindra & Mahindra Limited, Maruti Suzuki India Limited, Bajaj Auto Limited. Based on the portfolios disclosed for Sep 2026 and Sep 2026.
What is the large, mid and small cap split of ICICI Prudential Nifty Auto Index and Nippon India Nifty Auto ETF?
ICICI Prudential Nifty Auto Index: large cap 75.4%, mid cap 24.5%, small cap 0.0%. Nippon India Nifty Auto ETF: large cap 75.4%, mid cap 24.5%, small cap 0.0% (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.
More comparisons
ICICI Prudential Nifty Auto Index 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 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.