ICICI Prudential Commodities Fund Direct Growth
Equity
Direct
Equity - Other
NAV: ₹ 27.8 as on 31-03-2023
Fund Performance
4149 people have invested ₹ 1.9Cr in mutual fund in the last three months
Fund Insights
In the last 1 year, Nippon India Power & Infra Fund - Direct Plan - Growth has given 16.72% return, outperforming ICICI Prudential Commodities Fund Direct Growth by 10.42%
In the last 3 years, ICICI Prudential Commodities Fund Direct Growth has outperformed all funds in its category
Over the last 1 month, ICICI Prudential Commodities Fund Direct Growth has decreased expense ratio by 0.9% moving from 1.08 to 1.07
ICICI Prudential Commodities Fund Direct Growth expense ratio is slightly on the lower side within the category (equity - other). Its expense ratio is 1.07% which is lower than the category average expense ratio of 1.24%
Over the last 3 months, ICICI Prudential Commodities Fund Direct Growth has experienced a 14.4% growth in AUM moving from 738.06 Cr to 844.11 Cr
INDmoney Rank
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Pros
3Y returns in the top 25% of the category
Among most bought funds within the category
Cons
No bad points found for this fund.
ICICI Prudential Commodities Fund Direct Growth Performance as on (31-Mar-23)
About the Fund
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, Sharmila D’mello. The fund could potentially beat inflation in the long-run.
Key parameters
1) ICICI Prudential Commodities Fund Direct Growth has a NAV of ₹27.82 as on 31-03-2023.
2) ICICI Prudential Commodities Fund Direct Growth has ₹844 Cr worth of assets under management (AUM) as on 28-02-2023 and is less than category average.
3) The fund has an expense ratio 1.07 %.
ICICI Prudential Commodities Fund Direct Growth Overview
 | 1.07% |
 Benchmark | IISL Nifty Commodities TR INR |
 | ₹844 Cr |
 | 16 October, 2019 |
 | ₹5000/₹100 |
 Exit Load | 1% |
 | No Lock-in |
 TurnOver | 74.36% |
Fund Distribution as on (28-Feb-23)
Size breakup
Large cap
48.3%
Mid cap
20.8%
Small cap
20.7%
Sector Allocation
Basic Materials
88.1%
Energy
6.9%
Utilities
4.2%
Industrial
0.8%
Top Holdings of ICICI Prudential Commodities Fund Direct Growth as on (31-Mar-23)
Equity Holdings29
Holdings | Weight% | Holdings Trend | 1M Change |
|---|---|---|---|
 Tata Steel Ltd | 8.5% | 56.8% | |
 JSW Steel Ltd | 8.32% | 21% | |
 UltraTech Cement Ltd | 8.3% | 7.2% | |
 Jindal Stainless Ltd | 7.18% | 0% | |
 Grasim Industries Ltd | 4.68% | 0% |
See all
ICICI Prudential Commodities Fund Direct Growth: Monthly Changes Updates
All changes are between Dec'22 and Feb'23
Fund Performance
- This fund’s returns stands at -4.63% whereas the fund’s underlying benchmark Nifty 500 returns stands at -2.22% as on Feb'23
- This fund underperformed Nifty 500 by 2.41% in Feb'23
AUM Change
- AUM of the fund stands at 844.1 Cr as of Feb'23
- AUM increased by 88.3 Cr between Feb'23 and Jan'23
Fund Portfolio Changes
Top Stocks bought last month
Orient Cement Ltd's allocation increased from 2.6% to 3.44%
UPL Ltd's allocation increased from 1.8% to 2.2%
Sudarshan Chemical Industries Ltd's allocation increased from 0.14% to 0.42%
Top Stocks sold last month
UltraTech Cement Ltd's allocation decreased from 8.52 % to 8.44 %
JSW Steel Ltd's allocation decreased from 9.07 % to 8.25 %
Ambuja Cements Ltd's allocation decreased from 7.22 % to 5.31 %
Mid Cap allocation has gone down from 23.7% to 20.8%
Large Cap allocation has gone up from 46.2% to 48.3%
Small Cap allocation has gone down from 22.2% to 20.7%
Cash allocation has gone up from 6.1% to 8.2%
Top 3 Sectors in February were Basic Materials, Energy & Utilities
Feb'23
Basic Materials
88%
Energy
7%
Utilities
4%
Jan'23
Basic Materials
89%
Energy
7%
Utilities
4%
Gainers & Losers in ICICI Prudential Commodities Fund Direct Growth portfolio as on (28-Feb-23)
Top Growth Drivers | 1M Return |
|---|---|
 Shree Cement Ltd | 9.1% |
 Gujarat Gas Ltd | 7% |
 UltraTech Cement Ltd | 1.7% |
Top Losers | 1M Return |
|---|---|
 Tata Steel Ltd | -14.8% |
 Hindalco Industries Ltd | -14.7% |
 JSW Steel Ltd | -8.6% |
Peer Analysis
ICICI Prudential Commodities Fund Direct Growth Fund Manager
Lalit Kumar
Fund Manager of ICICI Prudential Commodities Fund Direct Growth, since 8 July 2020
Top funds managed
Sharmila D’mello
Fund Manager of ICICI Prudential Commodities Fund Direct Growth, since 30 June 2022
Top funds managed
Fund 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 34.46% since inception which is more than its category average return of 9.55%
Fund Allocations
This fund has an allocation of 91.81% in Equity, 0% in Debt and 8.19% in Cash related instruments
AUM size ₹844 Cr
This fund has AUM of ₹844 Cr which is less than its category average of ₹ 1200 Cr
Expense Ratio 1.07%
This fund has an expense ratio of 1.07% which is less than its category average expense ratio of 1.45%
Frequently Asked Questions
The current NAV of ICICI Prudential Commodities Fund Direct Growth is 27.09 as on 28-Mar-2023.
Existing (Absolute + CAGR)
ICICI Prudential Commodities Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -0.48% | -0.48% |
6 Month Returns | 7.12% | 7.12% |
1 Year Returns | 5.37% | 5.37% |
3 Years Returns | 309.83% | 60.03% |
5 Years Returns | 0% | 0% |
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1.07 as on March 2023
844 Cr as on March 2023
Tata Steel Ltd(8.5%),JSW Steel Ltd(8.32%),UltraTech Cement Ltd(8.3%),Jindal Stainless Ltd(7.18%),Grasim Industries Ltd(4.68%) as on March 2023
Basic Materials(80.91%),Cash Equivalent(8.19%),Energy(6.3%) as on March 2023
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 | 12.72 | 14.49 | - |
As on March 2023
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 | 0.86 | 1.11 | - |
As on March 2023
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 | 0.33 | 1.19 | - |
As on March 2023
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 | 21.4 | 31.24 | - |
As on March 2023
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 1.98 as on March 2023. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 1.57 as on March 2023. It tells the consistency of the fund in generating superior risk-adjusted performance
Sharmila D’mello,Lalit Kumar are the fund managers of ICICI Prudential Commodities Fund Direct Growth
The Exit load of ICICI Prudential Commodities Fund Direct Growth is 1%