ETFOther ETFsVery High

ICICI Prudential BSE 500 ETF

Q: What is the NAV of ICICI Prudential BSE 500 ETF?

As of 05 Oct 2026, the NAV of ICICI Prudential BSE 500 ETF is ₹37.20 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

Q: What returns has ICICI Prudential BSE 500 ETF delivered?

ICICI Prudential BSE 500 ETF has returned -4.31% over 1 year, +8.87% per year over 3 years, +8.12% per year over 5 years and +12.04% per year since inception. Figures beyond one year are annualised (CAGR) and are computed from AMFI NAV history, so they may differ slightly from other portals.

Q: What is the expense ratio of ICICI Prudential BSE 500 ETF?

ICICI Prudential BSE 500 ETF charges an expense ratio of 0.33% per year. This annual fee is already deducted from the NAV, so the returns you see are net of it.

Q: What are the top holdings of ICICI Prudential BSE 500 ETF?

ICICI Prudential BSE 500 ETF's largest holdings are HDFC Bank Ltd. (5.5%), ICICI Bank Ltd. (5.3%), Reliance Industries Ltd. (4.4%), Bharti Airtel Ltd. (2.8%) and Larsen & Toubro Ltd. (2.4%). Holdings are disclosed monthly and change over time.

Q: How risky is ICICI Prudential BSE 500 ETF?

ICICI Prudential BSE 500 ETF is rated very high on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 14.3% and its worst peak-to-trough fall in our sample was -38.0%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.

Q: What does the Sharpe ratio of 0.17 mean?

The Sharpe ratio is return earned per unit of total risk, above a 6.5% risk-free rate. ICICI Prudential BSE 500 ETF's 0.17 means it has rewarded its volatility with excess return. Higher is better.

Q: What is the benchmark of ICICI Prudential BSE 500 ETF?

ICICI Prudential BSE 500 ETF is benchmarked against the BSE 500 TRI. Its alpha and beta on this page are measured against that index.

Q: Who manages ICICI Prudential BSE 500 ETF?

ICICI Prudential BSE 500 ETF is managed by Nishit Patel, Ajaykumar Solanki and Ashwini Shinde at ICICI Prudential.

Q: How is ICICI Prudential BSE 500 ETF taxed?

ICICI Prudential BSE 500 ETF is an equity-oriented fund, so its capital gains get concessional rates: short-term gains (units held under 1 year) are taxed at 20%, and long-term gains (held 1 year or more) at 12.5% above a ₹1.25 lakh per-year exemption. These rates apply on redemption and don't add to your income-tax slab.

ICICI Prudential Mutual Fund

NAV

₹37.20

+0.49% 1D

as of 05 Oct 2026

Compare SIP calculator

Performance

-4.88%absolute

52-week rangePrev NAV ₹37.02

Latest ₹37.20

Low ₹34.6542nd percentile of its 52-week rangeHigh ₹40.68

Scorecard

Not rated

How this is computed

Each verdict is computed from this fund's own metrics against its sub-category — the number behind it is shown, not a black-box rating. Not rated — too few comparable ETF funds (same plan and option) to rank against yet.

PerformanceAverage

3Y CAGR +8.87% · ranks 48 of 109 Other ETFs funds

RiskLow

Volatility 14.3% vs 16.4% category avg

CostLow

0.3% expense vs 0.4% category avg

ConsistencyHigh

100% of rolling 3Y windows were positive

Strengths & concerns

Generated from this fund's own numbers against its sub-category — each point names the figure behind it.

Strengths

Less volatile than its Other ETFs peers (14.3% vs 16.4%)
Low expense ratio (0.33%) vs the Other ETFs average of 0.39%
Consistent — positive in 100% of rolling 3-year windows

Concerns

Trails the Other ETFs average on 1M/3M/1Y — 1Y by 5.38pp
3-year return (+8.87%) trails the Other ETFs average (+10.62%)
Weaker risk-adjusted returns — Sharpe 0.17 below the Other ETFs average of 0.21

Key Metrics

Annual fee charged by the fund, already deducted from NAV

0.33%

Category 0.39%▼0.06%

Portfolio-weighted harmonic mean P/E across the fund's equity holdings

20.37

Category 22.24▼1.87

Excess return per unit of total volatility (rf = 6.5%)

0.17

Category 0.21▼0.04

Scheme Info

Definitions

Plan

—

Period before units can be redeemed — 3 years for ELSS, none for most open-ended funds

—

No entry load shall be charged. There will be no exit load for units sold through the secondary market on the NSE/BSE. Investors shall note that the brokerage on sales of the units of the scheme on the stock exchanges shall be borne by the investors. The Eligible Investors can redeem units directly with the Fund/the AMC in accordance with the “minimum application amount”. Currently there is no exi

—

Statutory levy on every mutual-fund purchase since 1 Jul 2020 (SEBI / Govt of India) — the same for every scheme

0.005%

SIP Inv.

Not allowed

Smallest recurring SIP instalment the scheme accepts

—

Smallest one-time (lumpsum) investment the scheme accepts

—

BSE 500 TRI

Start of our NAV history for this plan. Direct plans begin 1 Jan 2013, so this is the plan's inception — not necessarily the scheme's original launch date.

03 Jul 2018

Period returns (<1Y, absolute — not annualized)

Definitions

Absolute return over the last 1 month (not annualized)

-5.49%

Absolute return over the last 3 months (not annualized)

-5.41%

Absolute return over the last 6 months (not annualized)

+5.21%

Absolute return since 1 Jan of this year (not annualized)

-7.68%

Annualized returns (≥1Y — CAGR)

Definitions

1-year point-to-point return, annualized (CAGR)

-4.31%

3-year annualized return (CAGR)

+8.87%

5-year annualized return (CAGR)

+8.12%

10-year annualized return (CAGR)

—

Annualized return (CAGR) since the first NAV we hold for this plan — the Inception date under Key metrics. AMFI's history starts in April 2006, so an older scheme is measured from there.

+12.04%

Advanced metrics — risk and benchmark ratios

Risk (trailing 3Y)

Definitions

Annualized standard deviation of daily returns

14.29%

Excess return per unit of total volatility (rf = 6.5%)

0.17

Excess return per unit of downside deviation — upside swings aren't penalized (rf = 6.5%)

0.22

Largest peak-to-trough decline over full history

-38.05%

Benchmark ratios (vs Nifty 500 TRI · 36 monthly returns)

Definitions

Jensen's alpha (annualized): return above what CAPM predicts for the fund's beta vs Nifty 500 TRI

-0.78%

Sensitivity to Nifty 500 TRI moves; 1 = moves with the index

0.99

How much of the fund's movement Nifty 500 TRI explains

99.9%

Excess return per unit of beta (market risk)

2.37

Active return over the benchmark per unit of tracking error

-1.93

Annualized std dev of fund-minus-benchmark returns

0.45%

Fund's share of benchmark gains in up months (100 = matches index)

97.6%

Fund's share of benchmark losses in down months (lower is better)

101.2%

Computed vs the Nifty 500 TRI over the last 36 complete months — the closest match to this fund's mandate. TRI means dividends reinvested, as they are in the fund's own NAV; ₹ means a US index converted at each day's USD/INR, since the fund is priced in rupees. Needs ~3 years of history; a low R² means the fund tracks the index loosely.

Fund vs category average (Other ETFs)

Period	Fund	Category avg.	Diff
1M abs	-5.49%	-4.76%	-0.73%
3M abs	-5.41%	-4.29%	-1.12%
6M abs	+5.21%	+4.91%	+0.30%
1Y CAGR	-4.31%	+1.07%	-5.38%
3Y CAGR	+8.87%	+10.62%	-1.75%
5Y CAGR	+8.12%	+7.79%	+0.33%

Category average across peers in Other ETFs (up to 214 funds with data), same plan and option, excluding this fund. Under-1-year figures are absolute; 1Y and beyond are annualised (CAGR).

Not sure what a figure means? The glossary explains every metric, and the methodology shows the formulas.

Category rank

Vs 214 peers in Other ETFs

1Y return

-4.31%

Beats 34.6% · rank #120

3Y return

+8.87%

Beats 56.5% · rank #48

5Y return

+8.12%

Beats 66.1% · rank #20

Sharpe

0.17

Beats 50% · rank #53

Sortino

0.22

Beats 50% · rank #53

Backtest this fund

What a SIP or one-time investment would have grown to over this fund’s real NAV history.

Monthly investment (₹)

Period

Invested

₹6.00L

Current value

₹7.14L

Absolute

+18.97%

XIRR

+7.10%

Value vs. invested

ValueInvested

60 monthly installments of ₹10,000 into ICICI Prudential BSE 500 ETF, valued at the latest NAV. XIRR annualizes for each installment’s timing.

Calendar-year returns

What the fund actually returned in each year, not the smoothed average.

Year	Fund	Nifty 500 TRI	Diff
2026part	-7.68%	-7.18%	-0.50%
2025	+7.27%	+7.94%	-0.67%
2024	+15.40%	+16.43%	-1.03%
2023	+26.14%	+27.43%	-1.29%
2022	+4.44%	+4.34%	+0.10%
2021	+31.29%	+31.59%	-0.30%
2020	+17.83%	+18.33%	-0.50%
2019	+8.83%	+8.95%	-0.12%
2018part	+0.84%	—	—

January–December, from this fund's NAV history. Absolute return, not annualised. “part” marks a year the fund didn't run end to end — its first year, the current year so far, or one it stopped reporting in; those years show no benchmark comparison.

History points

2,035

Expense ratio

0.33%

AUM

₹348.40Cr

Portfolio turnover

Exit load

P/E ratio

20.4

P/B ratio

4.2

Avg market cap

₹3,91,302Cr

P/E & P/B are portfolio-weighted harmonic means across 435 of 501 equity holdings (94% of the portfolio); loss-making companies are excluded.

Taxation

Taxed as equity

This is an equity-oriented fund (≥65% in Indian equities), so gains get the concessional capital-gains rates below — they do not add to your income-tax slab.

Short-term (STCG)

20%

Held under 1 year

Flat, on the whole gain

Long-term (LTCG)

12.5%

Held 1 year or more

On gains above ₹1.25 L per financial year

Applies to capital gains on redemption. Excludes IDCW/dividend tax, STT, surcharge and cess, and pre-2018 equity grandfathering. For research only — consult a tax advisor before filing.

Peer comparison · Other ETFs

Compare all


ICICI Prudential BSE 500 ETFThis fund ICICI Prudential	—	-4.31%	+8.87%	+8.12%	20.37	0.33%	₹348.40Cr
HDFC Silver ETF HDFC · Growth	—	+51.56%	+47.81%	—	—	0.50%	₹7,960Cr
ICICI Prudential Silver ETF ICICI Prudential	—	+52.40%	+47.61%	—	—	0.40%	₹15,115Cr
Kotak Silver ETF Kotak Mahindra	—	+52.29%	+47.52%	—	—	0.35%	₹3,625Cr
Nippon India Silver ETF Nippon India · Direct · Growth	—	+51.91%	+47.19%	—	—	0.58%	₹31,737Cr
Motilal Oswal Nasdaq 100 ETF Motilal Oswal	—	+33.71%	+33.90%	+21.91%	—	0.60%	—

Market-cap allocation · AMFI bands, Jul 2026

Equity holdings by company size — 100% of the equity sleeve priced.

Large cap67.7%
Mid cap22.2%
Small cap10.2%

Asset allocation

As on 31 Aug 2026 · AMC disclosure

Equity99.93%
Cash & Equivalents0.06%

Holds the same stocks as (by portfolio overlap, not by category)

Compare the top 3 →

Fund	Overlap	Rating	TER	3Y
HDFC BSE 500 Index Fund HDFC · Index Funds	99.4%	★★★☆☆	0.35%	+8.64%
ICICI Prudential Nifty 500 Index Fund ICICI Prudential · Index Funds	97.7%	★★☆☆☆	0.46%	—
Motilal Oswal Nifty 500 Index Fund Motilal Oswal · Index Funds	97.4%	★★★★☆	0.23%	+9.28%
Axis Nifty 500 Index Fund Axis · Index Funds	97.4%	★★☆☆☆	0.17%	—
SBI Nifty 500 Index Fund SBI · Index Funds	97.4%	★★☆☆☆	0.33%	—
DSP Nifty 500 Index Fund DSP · Index Funds	97.4%	—	0.31%	—
Angel One Nifty Total Market Index Fund Angel One · Index Funds	93.9%	★★☆☆☆	0.34%	—
Groww Nifty Total Market Index Fund Groww · Index Funds	93.9%	★★★★☆	0.66%	+10.32%

Overlap is the share of each fund's equity book invested in the same stocks, by weight, across the Direct-plan universe — so a fund that is only part equity is labelled as such. ! marks a pair holding more in common than nine pairs in ten of its type, where that type has a measured distribution.

🚩Holdings under NSE surveillance (ASM)

4 holdings — 0.68% of the portfolio — sit in stocks NSE currently lists under its Additional Surveillance Measure. ASM is an exchange response to unusual price or volume activity (higher margins, and trade-for-trade settlement at stage II), not a view on the company or on this fund.

PB Fintech LimitedShort-term · Stage I0.35%
Welspun Corp LimitedLong-term · Stage I0.16%
HFCL LimitedLong-term · Stage IV0.14%
Whirlpool of India LimitedShort-term · Stage I0.03%

Source: NSE ASM list, matched to holdings by company name — a holding whose name differs from NSE's spelling may not be matched. BSE's separate list is not covered.

Worst falls, and the wait to get back

How far this fund has dropped from a high, and how long it took to reclaim it.

-38.0%17 Jan 2020 → 23 Mar 2020
Fell over 2 months, back to the old high on 06 Nov 2020 — 7 months under water after the low.
-18.8%26 Sep 2024 → 28 Feb 2025
Still below that high — 5 months down, and no recovery yet.
-17.7%18 Oct 2021 → 20 Jun 2022
Fell over 8 months, back to the old high on 15 Nov 2022 — 5 months under water after the low.

Measured on this fund’s own NAV history, peak to trough to the day it regained the peak. Falls shallower than 5% are left out. A recovery date is when the NAV got back, not when any particular investor did — that depends on when they bought.

Fund size over time

Quarterly average AUM · AMFI

₹348.40Cr

April - June 2026

+5%

since January - March 2026

+₹27.15Cr

est. net flow, last quarter

At or near its largest, ₹348.40Cr in April - June 2026. Size matters most where the mandate is narrow — a large small-cap or a very large flexi-cap book is harder to move without moving the price.

Net flow is an estimate: AMFI publishes a quarterly average AUM, not a closing balance, and it covers every plan and option of this scheme together, so it is a read on direction and rough size rather than a cash-flow statement.

AMC Profile

ICICI Prudential Mutual Fund is a joint venture between ICICI Bank and Prudential plc of the UK, in business since 1993. It is among India's largest houses by assets and runs one of the industry's widest scheme line-ups across equity, debt and hybrid.

Launched

11 Oct 1993

Total AUM

₹11,14,544Cr+1.0% QoQ

Avg AUM · April - June 2026

Website

icicipruamc.com

Fund Managers

NPNishit PatelManaging since 16 Jan 2021

Role

Fund Manager – Passive Funds

Education

Chartered Analyst (CFA) (Level I), Chartered and B.Com

Experience

Mr. Nishit joined ICICI Prudential Asset Management Company Limited in November 2017. He has over 7 years of experience. Past Experience: ~ ICICI Prudential Asset Management Company Limited – ETF Business - November 2017 – January 2020. •

Funds managed (58)

All schemes Nishit Patel runs →

ASAjaykumar SolankiManaging since 01 Feb 2024

Role

Associate Vice President - MF Equity Dealing

Total experience

Over 10 years

Education

Chartered Accountant, Chartered Financial Management Analyst (CFA) and B.Com from Mumbai University

Experience

Mr. Ajaykumar Solanki was appointed as dealer in the Investments Department of ICICI Prudential Asset Company Limited w.e.f August 7, 2022. He was appointed as a fund manager for certain schemes of the Fund in August 2024. ~ ICICI Prudential Asset Management Company Limited – in MF Operations - December 2, 2014 to August 6, 2023. • • ICICI Prudential Nifty Next

Funds managed (31)

All schemes Ajaykumar Solanki runs →

ASAshwini ShindeManaging since 04 Nov 2024

Role

Manager - Dealer Support

Total experience

Over 6 years

Education

Bachelor of Commerce (B.Com), Master of Commerce (M.Com) from Mumbai University and Inter CA

Experience

During November 2024, Ms. Ashwini was appointed as fund manager for certain passive schemes. Prior to this she was working as the Deputy Manager Dealer Support in the Investment Department of ICICI Prudential Asset Management Company Limited w.e.f. August 1, 2024. Past Experience: ~ ICICI Prudential Asset Management Company Limited - Treasury Mutual Fund Operations - March 14, 2016 to January 30, 2020 ~ ICICI Prudential Asset Management Company Limited - Treasury Mutual ICICI Prudential Nifty IT ETF Fund Operations - August 3, 2021 to July 31, 2024.

Funds managed (57)

All schemes Ashwini Shinde runs →

Fund managers from the AMC's filed Scheme Summary — its most recent filing for this scheme. Benchmark and dealing terms from it and this scheme's SEBI-filed Scheme Information Document on AMFI. Each manager's qualifications and role are reconciled across every filing this fund house makes for them, including its Statement of Additional Information. Total AUM via AMFI.

Explore from here

Fund managers

Nishit Patel Ajaykumar Solanki Ashwini Shinde

Top holdings

HDFC Bank Ltd.ICICI Bank Ltd.Reliance Industries Ltd.Bharti Airtel Ltd.Larsen & Toubro Ltd.State Bank Of India Infosys Ltd.Axis Bank Ltd.Kotak Mahindra Bank Ltd.Mahindra & Mahindra Ltd.Bajaj Finance Ltd.ITC Ltd.

ICICI Prudential in the news

Headlines about the fund house, not this scheme in particular — highlights only; tap through to read the full story at the source.

Run SIP calculator Add to compare

Returns and risk are computed from NAV history and may differ slightly from other portals due to methodology (rolling vs point-to-point, dividend treatment). For research only — not investment advice.

About Index funds & ETFs

Index funds and ETFs must keep at least 95% in the securities of the index they track, rather than trying to beat it. They charge far lower fees than active funds, and their return is the index's return minus that small cost and any tracking difference.

Frequently asked questions

What is the NAV of ICICI Prudential BSE 500 ETF?

As of 05 Oct 2026, the NAV of ICICI Prudential BSE 500 ETF is ₹37.20 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

What returns has ICICI Prudential BSE 500 ETF delivered?

ICICI Prudential BSE 500 ETF has returned -4.31% over 1 year, +8.87% per year over 3 years, +8.12% per year over 5 years and +12.04% per year since inception. Figures beyond one year are annualised (CAGR) and are computed from AMFI NAV history, so they may differ slightly from other portals.

What is the expense ratio of ICICI Prudential BSE 500 ETF?

ICICI Prudential BSE 500 ETF charges an expense ratio of 0.33% per year. This annual fee is already deducted from the NAV, so the returns you see are net of it.

What are the top holdings of ICICI Prudential BSE 500 ETF?

ICICI Prudential BSE 500 ETF's largest holdings are HDFC Bank Ltd. (5.5%), ICICI Bank Ltd. (5.3%), Reliance Industries Ltd. (4.4%), Bharti Airtel Ltd. (2.8%) and Larsen & Toubro Ltd. (2.4%). Holdings are disclosed monthly and change over time.

How risky is ICICI Prudential BSE 500 ETF?

ICICI Prudential BSE 500 ETF is rated very high on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 14.3% and its worst peak-to-trough fall in our sample was -38.0%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.

What does the Sharpe ratio of 0.17 mean?

The Sharpe ratio is return earned per unit of total risk, above a 6.5% risk-free rate. ICICI Prudential BSE 500 ETF's 0.17 means it has rewarded its volatility with excess return. Higher is better.

What is the benchmark of ICICI Prudential BSE 500 ETF?

ICICI Prudential BSE 500 ETF is benchmarked against the BSE 500 TRI. Its alpha and beta on this page are measured against that index.

Who manages ICICI Prudential BSE 500 ETF?

ICICI Prudential BSE 500 ETF is managed by Nishit Patel, Ajaykumar Solanki and Ashwini Shinde at ICICI Prudential.

How is ICICI Prudential BSE 500 ETF taxed?

ICICI Prudential BSE 500 ETF is an equity-oriented fund, so its capital gains get concessional rates: short-term gains (units held under 1 year) are taxed at 20%, and long-term gains (held 1 year or more) at 12.5% above a ₹1.25 lakh per-year exemption. These rates apply on redemption and don't add to your income-tax slab.