ICICI Prudential Commodities Fund Direct Growth
Equity
Direct
Equity - Other
NAV: ₹ 42.36 as on 30-04-2024
Fund Performance
14935 people have invested ₹ 4.1Cr in ICICI Prudential Commodities Fund Direct Growth in the last three months
INDmoney Rank
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IND ranking is not available for this fund.
Pros
Among most bought funds within the category
Cons
No bad points found for this fund.
About the 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 ₹2092 Cr worth of assets under management (AUM) as on Mar 2024 and is more than category average.
- The fund has an expense ratio 1.1.
Overview
 | 1.07% |
 Benchmark | IISL Nifty Commodities TR INR |
 | ₹2092 Cr |
 | 16 October, 2019 |
 | ₹5000/₹100 |
 Exit Load | 1% |
 | No Lock-in |
 TurnOver | 55.33% |
ICICI Prudential Commodities Fund Direct Growth Distribution as on (31-Mar-24)
Size breakup
Large cap
53.2%
Mid cap
24.6%
Small cap
16.9%
Sector Allocation
Basic Materials
89.1%
Energy
7.8%
Utilities
2.2%
Industrial
0.9%
Top Holdings of ICICI Prudential Commodities Fund Direct Growth as on (30-Apr-24)
Equity Holdings35
Monthly Changes Updates
All changes are between Jan'24 and Mar'24
Fund Performance
- This fund’s returns stands at 1.08% whereas the fund’s underlying benchmark Nifty 500 returns stands at -0.47% as on Mar'24
- This fund outperformed Nifty 500 by 1.54% in Mar'24
AUM Change
- AUM of the fund stands at 2.1K Cr as of Mar'24
- AUM increased by 59.6 Cr between Mar'24 and Feb'24
Fund Portfolio Changes
Gainers & Losers Returns for the month of Mar
Top Growth Drivers | 1M Return |
|---|---|
 Jindal Steel & Power Ltd | 8.5% |
 Tata Steel Ltd | 2.6% |
Peer Analysis
Fund Manager
Lalit Kumar
Fund Manager of ICICI Prudential Commodities Fund Direct Growth, since 8 July 2020
Top funds managed
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 37.44% since inception which is more than its category average return of 23.59%
Fund Allocations
This fund has an allocation of 95.31% in Equity, 0% in Debt and 4.69% in Cash related instruments
AUM size ₹2092 Cr
This fund has AUM of ₹2092 Cr which is more than its category average of ₹ 1770 Cr
Expense Ratio 1.07%
This fund has an expense ratio of 1.07% which is less than its category average expense ratio of 1.31%
Frequently Asked Questions
The current NAV of ICICI Prudential Commodities Fund Direct Growth is ₹42.36 as on 30-Apr-2024.
Existing (Absolute + CAGR) as on 30-Apr-2024.
ICICI Prudential Commodities Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 7.35% | 7.35% |
6 Month Returns | 35.38% | 35.38% |
1 Year Returns | 47.49% | 47.49% |
3 Years Returns | 106.63% | 27.37% |
5 Years Returns | 0% | 0% |
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1.07% as on April 2024
₹2092 Cr as on April 2024
Jindal Steel & Power Ltd(9.22%), Jindal Stainless Ltd(9.12%), Tata Steel Ltd(8.03%), JSW Steel Ltd(7.95%), Ambuja Cements Ltd(7.27%) as on April 2024
Basic Materials(84.94%), Energy(7.46%), Utilities(2.08%) as on April 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 | - | - | - |
As on April 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 | - | - | - |
As on April 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 | - | - | - |
As on April 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 | 14.68 | 18.86 | - |
As on April 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.
Information ratio is 0.25 as on April 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%