ICICI Prudential Commodities Fund Direct Growth
Equity
Direct
Equity - Other
NAV as on 16-12-2024
₹ 43.32
1D
Inception Returns
33.1%
/yr
About ICICI Prudential Commodities Fund Direct Growth
ICICI Prudential Commodities Fund Direct Growth is an equity fund. This fund was started on 16 October, 2019. The fund is managed by Lalit Kumar. The fund could potentially beat inflation in the long-run.
Key Parameters
- ICICI Prudential Commodities Fund Direct Growth has ₹2438 Cr worth of assets under management (AUM) as on Nov 2024 and is more than category average.
- The fund has an expense ratio 1.
Returns
ICICI Prudential Commodities Fund Direct Growth has given a CAGR return of 33.15% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 18.86%, 20.68% and 34.47% respectively.
Holdings
ICICI Prudential Commodities Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Basic Materials, Government, Energy, Utilities, Industrial. Its top holdings are Jindal Steel & Power Ltd, JSW Steel Ltd, Jindal Stainless Ltd, Hindalco Industries Ltd, Ambuja Cements Ltd
Taxation
As it is a equity - other mutual fund the taxation is as follows:For short term (less than a year) capital gains will be taxed at 15%For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefitDividends will always be taxed at slab rate. Gains upto Rs 1 lakh are exempt in case of long term.
Investment objective of ICICI Prudential Commodities Fund Direct Growth
To generate long-term capital appreciation by creating a portfolio that is invested predominantly in Equity and Equity related securities of companies engaged in commodity and commodity related sectors. However there can be no assurance or guarantee that the investment objective of the scheme would be achieved.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 100.00. ICICI Prudential Commodities Fund Direct Growth has no lock in period.
Historical NAV & Returns
Annualised
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11526 people have invested ₹ 3.2Cr in ICICI Prudential Commodities Fund Direct Growth in the last three months
INDmoney Rank for ICICI Prudential Commodities Fund Direct Growth
Powered by IND quant engine
IND ranking is not available for this fund.
5Y returns in the top 25% of the category
Beats FD returns for both 3Y & 5Y duration
No bad points found for this fund.
ICICI Prudential Commodities Fund Direct Growth Overview
| Expense ratio | 0.95% |
Benchmark | IISL Nifty Commodities TR INR |
| AUM | ₹2438 Cr |
| Inception Date | 16 October, 2019 |
| Min Lumpsum/SIP | ₹5000/₹100 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 55.33% |
| STCG | Selling mutual fund before 1 year, returns taxed at 20%. |
| LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
| Risk |   Very High Risk |
Trailing Returns
as on (16-Dec-24)
Fund Distribution
as on (30-Nov-24)
Large cap
49.8%
Mid cap
29.7%
Small cap
16.9%
Sector Allocation
Basic Materials
95.9%
Energy
2.2%
Utilities
1%
Industrial
0.9%
All changes are between Sep'24 and Nov'24
- This fund’s returns stands at -1.47% whereas the fund’s underlying benchmark Nifty 500 returns stands at -0.60% as on Nov'24
- This fund underperformed Nifty 500 by 0.87% in Nov'24
- AUM of the fund stands at 2.4K Cr as of Nov'24
- AUM has remained same between Nov'24 and Oct'24
Top Stocks bought last month
ACC Ltd's allocation increased from 2.07% to 3.22%
Hindalco Industries Ltd's allocation increased from 6.89% to 7.52%
Jindal Stainless Ltd's allocation increased from 7.66% to 7.87%
Top Stocks sold last month
Ambuja Cements Ltd's allocation decreased from 6.61 % to 6.6 %
Vedanta Ltd's allocation decreased from 6.36 % to 6.32 %
Tata Steel Ltd's allocation decreased from 6.57 % to 5.41 %
Mid Cap allocation has gone up from 27.9% to 29.7%
Large Cap allocation has gone down from 50.5% to 49.8%
Small Cap allocation has gone down from 17.6% to 16.9%
Cash allocation has gone down from 3.6% to 2.9%
Top 3 Sectors in November were Basic Materials, Energy & Government
Nov'24
Basic Materials
96%
Government
3%
Energy
2%
Oct'24
Basic Materials
95%
Energy
2%
Government
2%
See all
Top Growth Drivers | 1M Return |
|---|---|
 Thirumalai Chemicals Ltd | 15.5% |
 Navin Fluorine International Ltd | 9.1% |
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Lalit Kumar
Fund Manager of ICICI Prudential Commodities Fund Direct Growth, since 8 July 2020
Top funds managed
Fund House
ICICI Prudential Asset Management Company Limited
Total Schemes
Total AUM
₹8.23L Cr
as on 29-Nov-2024
Address
ICICI Prudential Asset Mgmt.Company Limited,3rd Floor, Hallmark Business Plaza,,Sant Dyaneshwar Marg,,Bandra (East)
Phone
+912226428000
Website
investor.helpdesk@hdfcbank.com
Mutual Fund Insights
Over the last 1 month, this fund has increased expense ratio by 10.5% moving from 0.86 to 0.95.
In the last 1 year, HDFC Defence Fund Direct Growth has given 55.83% return, outperforming this fund by 36.97%.
Over the last 3 months, this fund has experienced a 4.7% drop in AUM moving from 2.55K Cr to 2.43K Cr.
In the last 3 years, SBI PSU Direct Growth has given 38.37% return, outperforming this fund by 17.69% per annum.
In the last 5 years, this fund has outperformed all funds in its category.
ICICI Prudential Commodities Fund Direct Growth Highlights
Very High Risk
Investors understand that their principal will be at Very High Risk
About the fund
This fund has delivered an average annual returns of 33.15% since inception which is more than its category average return of 19.24%
Fund Allocations
This fund has an allocation of 97.09% in Equity, 0% in Debt and 2.91% in Cash related instruments
AUM size ₹2438 Cr
This fund has AUM of ₹2438 Cr which is more than its category average of ₹ 2189 Cr
Expense Ratio 0.95%
This fund has an expense ratio of 0.95% which is less than its category average expense ratio of 1.18%
Frequently Asked Questions for ICICI Prudential Commodities Fund Direct Growth
The current NAV of ICICI Prudential Commodities Fund Direct Growth is ₹43.32 as on 16-Dec-2024.
Existing (Absolute + CAGR) as on 16-Dec-2024.
ICICI Prudential Commodities Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 7.23% | 7.23% |
6 Month Returns | -3.2% | -3.2% |
1 Year Returns | 18.86% | 18.86% |
3 Years Returns | 75.75% | 20.68% |
5 Years Returns | 339.64% | 34.47% |
With INDmoney, the process of investing is very simple and involves zero commission.
- Click Buy on the fund name.
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- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
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0.95% as on November 2024
₹2438 Cr as on November 2024
Jindal Steel & Power Ltd(8.23%), JSW Steel Ltd(8.06%), Jindal Stainless Ltd(7.87%), Hindalco Industries Ltd(7.52%), Ambuja Cements Ltd(6.6%) as on November 2024
Basic Materials(93.1%), Energy(2.18%), Utilities(0.95%) as on November 2024
The alpha ratio for the ICICI Prudential Commodities Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
ICICI Prudential Commodities Fund Direct Growth | 1.38 | 4.85 | 8.72 |
As on November 2024
The alpha for ICICI Prudential Commodities Fund Direct Growth is calculated against IISL Nifty Commodities TR INR. Higher alpha indicates that this fund has generated extra returns compared to the benchmark index. An alpha of 1.0 means the fund has outperformed its benchmark index by 1%.
The Beta ratio for the ICICI Prudential Commodities Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
ICICI Prudential Commodities Fund Direct Growth | 0.81 | 0.84 | 1.05 |
As on November 2024
The Beta for ICICI Prudential Commodities Fund Direct Growth is calculated with IISL Nifty Commodities TR INR. Beta tells the volatility of the mutual fund relative to its benchmark. If the beta of a mutual fund is more than 1, then the mutual fund is more volatile than its benchmark. If beta is less than 1, then the mutual fund is less volatile than the benchmark.
The sharpe ratio for the ICICI Prudential Commodities Fund Direct Growth for various period is as follows:
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
ICICI Prudential Commodities Fund Direct Growth | 0.97 | 0.89 | 1.02 |
As on November 2024
The sharpe ratio for ICICI Prudential Commodities Fund Direct Growth is calculated with IISL Nifty Commodities TR INR. Sharpe ratio tells risk-adjusted-returns of the mutual fund. The higher a fund's Sharpe ratio, the better a fund's returns have been relative to the risk it has taken on.
The standard deviation for the ICICI Prudential Commodities Fund Direct Growth for various period is as follows:
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
ICICI Prudential Commodities Fund Direct Growth | 16.25 | 17.04 | 26.27 |
As on November 2024
Standard deviation tells the volatility of the returns of the mutual fund. The higher a fund's Standard deviation, the higher the volatility of the fund's returns.
Sortino ratio is 1.46 as on November 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 0.54 as on November 2024. It tells the consistency of the fund in generating superior risk-adjusted performance
Lalit Kumar is the fund manager of ICICI Prudential Commodities Fund Direct Growth
The Exit load of ICICI Prudential Commodities Fund Direct Growth is 1%