ICICI Prudential Commodities Fund Direct Growth
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. The fund could potentially beat inflation in the long-run.
Key Parameters
- ICICI Prudential Commodities Fund Direct Growth has ₹2593 Cr worth of assets under management (AUM) as on Jun 2024 and is more than category average.
- The fund has an expense ratio 0.9.
Returns
ICICI Prudential Commodities Fund Direct Growth has given a CAGR return of 36.67% since inception. Over the last 1 and 3 years the fund has given a CAGR return of 44.44% and 21.34% respectively.
Holdings
ICICI Prudential Commodities Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Basic Materials, Energy, Utilities, Industrial. Its top holdings are Jindal Stainless Ltd, Jindal Steel & Power Ltd, Tata Steel Ltd, JSW Steel 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.
Fund Overview
| Expense ratio | 0.88% |
Benchmark | IISL Nifty Commodities TR INR |
| AUM | ₹2593 Cr |
| Inception Date | 16 October, 2019 |
| Min Lumpsum/SIP | ₹5000/₹100 |
Exit Load | 1% |
| Lock In | No Lock-in |
TurnOver | 55.33% |
| Risk |   Very High Risk |
Fund Distributionas on (30-Jun-24)
as on (30-Jun-24)
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 Jindal Stainless Ltd | 8.71% | 0% | |
 Jindal Steel & Power Ltd | 8.37% | 0% | |
 Tata Steel Ltd | 7.23% | 0% | |
 JSW Steel Ltd | 7.19% | 0% | |
 Ambuja Cements Ltd | 6.79% | 0% |
Returns for the month of Jun
Top Growth Drivers | 1M Return |
|---|---|
 Orient Cement Ltd | 44.4% |
 Grasim Industries Ltd | 12.2% |
 UltraTech Cement Ltd | 7% |
ICICI Prudential Commodities Fund Direct Growth Highlights
Very High Risk
About the fund
Fund Allocations
AUM size ₹2593 Cr
Expense Ratio 0.88%
Frequently Asked Questions
ICICI Prudential Commodities Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -2.12% | -2.12% |
6 Month Returns | 20.16% | 20.16% |
1 Year Returns | 44.44% | 44.44% |
3 Years Returns | 78.67% | 21.34% |
5 Years Returns | 0% | 0% |
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
ICICI Prudential Commodities Fund Direct Growth | 1.06 | 3.42 | - |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
ICICI Prudential Commodities Fund Direct Growth | 0.88 | 0.9 | - |
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
ICICI Prudential Commodities Fund Direct Growth | 2.35 | 1.02 | - |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
ICICI Prudential Commodities Fund Direct Growth | 15.02 | 18.66 | - |