ICICI Prudential Commodities Fund
ThematicVery HighOPEN-ENDED
- NAV as on 25 Sep 2026
- ₹46.99+0.23%1 day
- Return since launch
- 24.9%
- 52-week range
- ₹41.37 — ₹49.16
- AUM
- ₹4,277 Cr
ICICI Prudential Commodities Fund is a Thematic equity fund from ICICI Prudential Mutual Fund with ₹4,277 Cr under management, launched in 2019. Over three years it has returned 10.4% a year, against 11.2% for its category. The expense ratio is 1.96% and the SEBI riskometer reading is Very High.
Performance
ICICI Prudential Commodities Fund NAV and returns
Growth of the fund against its category average over the period you pick.
Over 1Y this fund returned +9.9% against -4.6% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | 6.2% | +2.4 pts | 3.9% | -3.3% |
| 2Y | 10.3% | +5.9 pts | 4.3% | -3.4% |
| 3Y | 10.4% | −0.8 pts | 11.2% | -1.5% |
| 5Y | 14.6% | +5.1 pts | 9.5% | 4.9% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | -4.4% | −0.5 pts | -4.0% | -3.5% |
| 3M | 2.5% | +2.1 pts | 0.4% | -0.9% |
| 6M | 10.6% | −3.7 pts | 14.3% | 10.5% |
| 1Y | 9.9% | +6.1 pts | 3.9% | -4.7% |
| 2Y | 4.8% | +6.4 pts | -1.6% | -8.0% |
| 3Y | 14.7% | +3.5 pts | 11.2% | 4.6% |
| 5Y | 14.3% | +4.7 pts | 9.5% | 6.0% |
Since launch (25 Sep 2019): 24.9%
Calendar-year returns
Category average38.9%
70.3%
14.5%
27.2%
8.2%
18.0%
Show as a table
| Period | Fund | vs category | Category |
|---|---|---|---|
| 2025 | 18.0% | +15.0 pts | 3.0% |
| 2024 | 8.2% | −11.5 pts | 19.8% |
| 2023 | 27.2% | −4.9 pts | 32.0% |
| 2022 | 14.5% | +11.2 pts | 3.3% |
| 2021 | 70.3% | +26.5 pts | 43.9% |
| 2020 | 38.9% | +16.0 pts | 22.9% |
Returns over one year are annualised. Shorter periods are absolute.
Costs & terms
Costs and terms
What the fund charges each year, and the rules around putting money in and taking it out.
Costs
1.96%
Expense ratio as on 24 Sep 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 1.62%
- Brokerage
- 0.01%
- Transaction charges
- 0.00%
- Statutory levies
- 0.33%
- Exit load
- Exit load of 1% if redeemed within 3 months.
- Lock-in
- None
Terms
- Min SIP
- ₹3,000
- Min lumpsum
- ₹5,000
- Plan
- GROWTH
- Fund type
- OPEN-ENDED
- Benchmark
- NIFTY Commodities TRI
- Short-term capital gains
- Returns taxed at 20% if you redeem before 1 year
- Long-term capital gains
- After 1 year, returns above ₹1.25 lakh in a financial year are taxed at 12.5%
Risk
Risk
What the riskometer means for this fund, and how its ratios sit against the category.
Very High
Your principal is treated as being at very high risk — typically small cap, sectoral and thematic equity schemes.
| Ratio | Fund | Category avg | Read as |
|---|---|---|---|
| Alpha | 3.95 | 8.36 | Return earned above what the benchmark alone would have given. Higher is better. |
| Beta | 0.96 | 1.12 | How hard the fund moves when the market moves. Under 1 is steadier than the market. |
| Sharpe | 0.62 | 0.76 | Return earned for each unit of total risk taken. Higher is better. |
| Sortino | 0.94 | 1.18 | Return earned for each unit of downside risk. Higher is better. |
| Std. deviation | 17.00 | 20.39 | How widely monthly returns have varied around their own average. Lower is steadier. |
| Average of 4 category peers | |||
Portfolio
ICICI Prudential Commodities Fund portfolio
Portfolio as of 31 Aug 2026
Asset allocation
- Equity97.9%
- Other2.1%
Market cap split
- Large48.9%
- Mid27.4%
- Small23.7%
- P/E
- 20.87
- P/B
- 2.60
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| Hindustan Petroleum Corporation Ltd. | Energy | 8.35% | ₹357 Cr | +6.16% | +0.60% | — |
| Jindal Steel Ltd. | Metals & Mining | 7.79% | ₹333 Cr | +7.83% | +9.48% | +8.51% |
| Vedanta Aluminium Metal Ltd. | Metals & Mining | 6.69% | ₹286 Cr | +1.39% | — | — |
| JSW Steel Ltd. | Metals & Mining | 6.68% | ₹285 Cr | +6.98% | +7.51% | +7.68% |
| Hindalco Industries Ltd. | Metals & Mining | 4.70% | ₹201 Cr | +5.29% | +4.72% | +3.33% |
| Jindal Stainless Ltd. | Metals & Mining | 4.26% | ₹182 Cr | +4.45% | +5.97% | +7.63% |
| Freeport McMoran Copper & Gold Ltd. | Others | 4.12% | ₹176 Cr | +3.82% | +4.10% | +1.02% |
| Vedanta Ltd. | Metals & Mining | 3.94% | ₹168 Cr | +4.06% | +8.93% | +5.38% |
| Ultratech Cement Ltd. | Materials | 3.93% | ₹168 Cr | +4.21% | +5.06% | +6.35% |
| UPL Ltd. | Chemicals | 3.93% | ₹168 Cr | +4.82% | +5.18% | +1.07% |
| Usha Martin Ltd. | Metals & Mining | 3.66% | ₹157 Cr | +3.97% | +3.57% | +4.10% |
| Navin Fluorine International Ltd. | Chemicals | 3.42% | ₹146 Cr | +3.01% | +3.43% | +3.23% |
| Aarti Industries Ltd. | Chemicals | 3.05% | ₹130 Cr | +2.95% | +2.50% | +2.65% |
| APL Apollo Tubes Ltd. | Metals & Mining | 2.80% | ₹120 Cr | +2.47% | +3.27% | +2.96% |
| National Aluminium Company Ltd. | Metals & Mining | 2.59% | ₹111 Cr | +3.09% | +3.09% | +1.59% |
| Southern Copper Corporation (SCCO) | Metals & Mining | 2.45% | ₹105 Cr | +2.37% | +2.77% | +2.01% |
| Paradeep Phosphates Ltd. | Chemicals | 2.34% | ₹99.94 Cr | +1.97% | +1.69% | +2.63% |
| Steel Authority Of India Ltd. | Metals & Mining | 2.23% | ₹95.18 Cr | +2.49% | +1.75% | — |
| Others | Others | 2.06% | ₹88.03 Cr | +0.06% | +0.40% | +0.29% |
| Ambuja Cements Ltd. | Materials | 1.99% | ₹84.95 Cr | +2.37% | +2.88% | +7.13% |
| Tata Steel Ltd. | Metals & Mining | 1.94% | ₹82.79 Cr | +2.34% | +2.17% | +1.82% |
| Deepak Fertilisers And Petrochemicals Corporation Ltd. | Chemicals | 1.70% | ₹72.75 Cr | +1.82% | +1.25% | +2.07% |
| SRF Ltd. | Chemicals | 1.68% | ₹71.78 Cr | +1.90% | +1.95% | +1.85% |
| Cameco Corp (CCJ) | Energy | 1.54% | ₹65.99 Cr | +1.88% | +2.05% | — |
| Camlin Fine Sciences Ltd. | Chemicals | 1.46% | ₹62.54 Cr | +1.73% | +1.86% | +1.22% |
| Deepak Nitrite Ltd. | Chemicals | 1.42% | ₹60.66 Cr | +1.46% | +1.49% | +2.12% |
| Bharat Petroleum Corporation Ltd. | Energy | 1.36% | ₹58.26 Cr | +0.60% | — | — |
| Atul Ltd. | Chemicals | 0.79% | ₹33.68 Cr | +0.90% | +2.11% | +2.50% |
| Laxmi Organic Industries Ltd. | Chemicals | 0.79% | ₹33.67 Cr | +0.75% | +0.69% | +0.87% |
| Sagar Cements Ltd. | Materials | 0.77% | ₹33.02 Cr | +0.92% | +1.09% | +0.88% |
| Hindustan Zinc Ltd. | Metals & Mining | 0.73% | ₹31.35 Cr | +0.83% | +0.46% | +0.41% |
| PI Industries Ltd. | Chemicals | 0.57% | ₹24.22 Cr | +0.71% | +0.87% | +1.29% |
| Graphite India Ltd. | Capital Goods | 0.50% | ₹21.30 Cr | +0.55% | +0.59% | +0.53% |
| Thirumalai Chemicals Ltd. | Chemicals | 0.44% | ₹18.94 Cr | +0.61% | +0.35% | +0.50% |
| Gujarat Fluorochemicals Ltd. | Chemicals | 0.44% | ₹18.65 Cr | +0.36% | +0.38% | +0.44% |
| Archean Chemical Industries Ltd. | Chemicals | 0.43% | ₹18.53 Cr | +0.50% | +0.60% | +0.52% |
| Vedanta Iron And Steel Ltd. | Metals & Mining | 0.40% | ₹16.96 Cr | +1.39% | — | — |
| NOCIL Ltd. | Materials | 0.33% | ₹14.32 Cr | +0.35% | +0.29% | +0.44% |
| Gujarat Narmada Valley Fertilizers & Chemicals Ltd. | Chemicals | 0.27% | ₹11.50 Cr | +0.25% | +0.25% | +0.36% |
| Fine Organic Industries Ltd. | Chemicals | 0.23% | ₹9.66 Cr | +0.21% | +0.23% | +0.29% |
| Tatva Chintan Pharma Chem Ltd. | Chemicals | 0.22% | ₹9.23 Cr | +0.16% | +0.19% | +0.20% |
| Astec Lifesciences Ltd. | Chemicals | 0.17% | ₹7.20 Cr | +0.25% | +0.22% | +0.38% |
| Alkyl Amines Chemicals Ltd. | Chemicals | 0.15% | ₹6.55 Cr | +0.06% | +0.06% | +0.10% |
| PCBL Chemical Ltd. | Chemicals | 0.15% | ₹6.34 Cr | — | — | — |
| MOIL Ltd. | Metals & Mining | 0.14% | ₹6.20 Cr | +0.19% | +0.21% | +0.28% |
| Sudarshan Chemical Industries Ltd. | Chemicals | 0.11% | ₹4.79 Cr | +0.09% | +0.09% | +0.08% |
| ACC Ltd. | Materials | 0.10% | ₹4.13 Cr | +0.14% | +1.07% | +1.53% |
| Chemplast Sanmar Ltd. | Chemicals | 0.09% | ₹3.94 Cr | +0.31% | +0.38% | +0.84% |
| RHI Magnesita India Ltd. | Capital Goods | 0.08% | ₹3.48 Cr | +0.10% | +0.11% | +0.15% |
| Supreme Petrochem Ltd. | Materials | 0.04% | ₹1.92 Cr | +0.04% | +0.05% | — |
| CMR Green Technologies Ltd. | Metals & Mining | 0.00% | ₹0.14 Cr | — | — | — |
| GSPL Transmission Ltd. | Energy | 0.00% | ₹0.00 Cr | — | — | — |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| Bharat Petroleum Corporation Ltd. | 0.62% | 1.36% | +0.74% |
| Vedanta Aluminium Metal Ltd. | 7.28% | 6.69% | -0.58% |
| Freeport McMoran Copper & Gold Ltd. | 3.54% | 4.12% | +0.57% |
| Hindustan Petroleum Corporation Ltd. | 7.85% | 8.35% | +0.51% |
| UPL Ltd. | 4.40% | 3.93% | -0.47% |
| Camlin Fine Sciences Ltd. | 1.90% | 1.46% | -0.43% |
| APL Apollo Tubes Ltd. | 2.39% | 2.80% | +0.41% |
| Vedanta Power Ltd | 0.39% | 0.00% | -0.39% |
| Jindal Stainless Ltd. | 4.64% | 4.26% | -0.38% |
| Ultratech Cement Ltd. | 4.25% | 3.93% | -0.33% |
| Navin Fluorine International Ltd. | 3.11% | 3.42% | +0.31% |
| Jindal Steel Ltd. | 7.50% | 7.79% | +0.29% |
| Deepak Fertilisers And Petrochemicals Corporation Ltd. | 1.96% | 1.70% | -0.25% |
| Southern Copper Corporation (SCCO) | 2.20% | 2.45% | +0.25% |
| Ambuja Cements Ltd. | 2.23% | 1.99% | -0.24% |
| Steel Authority Of India Ltd. | 2.01% | 2.23% | +0.22% |
| Tata Steel Ltd. | 2.07% | 1.94% | -0.14% |
| Cameco Corp (CCJ) | 1.40% | 1.54% | +0.14% |
| Vedanta Ltd. | 3.80% | 3.94% | +0.14% |
| Usha Martin Ltd. | 3.79% | 3.66% | -0.13% |
| PI Industries Ltd. | 0.68% | 0.57% | -0.12% |
| National Aluminium Company Ltd. | 2.48% | 2.59% | +0.11% |
| SRF Ltd. | 1.79% | 1.68% | -0.11% |
| Sagar Cements Ltd. | 0.88% | 0.77% | -0.10% |
| Paradeep Phosphates Ltd. | 2.24% | 2.34% | +0.10% |
| Laxmi Organic Industries Ltd. | 0.88% | 0.79% | -0.09% |
| Alkyl Amines Chemicals Ltd. | 0.07% | 0.15% | +0.09% |
| Aarti Industries Ltd. | 2.96% | 3.05% | +0.09% |
| JSW Steel Ltd. | 6.75% | 6.68% | -0.08% |
| Atul Ltd. | 0.86% | 0.79% | -0.08% |
| Thirumalai Chemicals Ltd. | 0.50% | 0.44% | -0.06% |
| Archean Chemical Industries Ltd. | 0.49% | 0.43% | -0.06% |
| Hindustan Zinc Ltd. | 0.69% | 0.73% | +0.04% |
| Astec Lifesciences Ltd. | 0.20% | 0.17% | -0.04% |
| Vedanta Iron And Steel Ltd. | 0.36% | 0.40% | +0.03% |
| Tatva Chintan Pharma Chem Ltd. | 0.25% | 0.22% | -0.03% |
| MOIL Ltd. | 0.17% | 0.14% | -0.03% |
| Gujarat Narmada Valley Fertilizers & Chemicals Ltd. | 0.25% | 0.27% | +0.02% |
| Sudarshan Chemical Industries Ltd. | 0.09% | 0.11% | +0.02% |
| Chemplast Sanmar Ltd. | 0.11% | 0.09% | -0.02% |
| Deepak Nitrite Ltd. | 1.40% | 1.42% | +0.01% |
| Gujarat Fluorochemicals Ltd. | 0.42% | 0.44% | +0.01% |
| Graphite India Ltd. | 0.48% | 0.50% | +0.01% |
| Fine Organic Industries Ltd. | 0.21% | 0.23% | +0.01% |
| ACC Ltd. | 0.11% | 0.10% | -0.01% |
| RHI Magnesita India Ltd. | 0.09% | 0.08% | -0.01% |
| PCBL Chemical Ltd. | 0.15% | 0.15% | -0.01% |
| Hindalco Industries Ltd. | 4.69% | 4.70% | 0.00% |
| NOCIL Ltd. | 0.33% | 0.33% | 0.00% |
| Supreme Petrochem Ltd. | 0.05% | 0.04% | 0.00% |
| Others | 0.02% | 0.02% | 0.00% |
| Gujarat Energy Ltd. | 0.00% | 0.00% | 0.00% |
| CMR Green Technologies Ltd. | 0.00% | 0.00% | 0.00% |
| GSPL Transmission Ltd. | 0.00% | 0.00% | 0.00% |
Compare
Similar funds
The rest of the category, so this fund’s numbers have something to sit against.
| Fund | AUM | Expense | 1Y | 3Y | 5Y |
|---|---|---|---|---|---|
| Category average | ₹3,873 Cr | 2.18% | 19.9% | 15.1% | 14.0% |
 HDFC Defence Fund | ₹11,478 Cr | 1.79% | 34.5% | 26.7% | — |
| ICICI Prudential Exports and Services Fund | ₹1,549 Cr | 2.30% | 1.2% | 6.5% | 12.4% |
 SBI Comma Fund | ₹1,237 Cr | 2.28% | 7.8% | 10.1% | 13.0% |
 Edelweiss Recently Listed IPO Fund | ₹1,230 Cr | 2.36% | 35.9% | 17.3% | 16.6% |
About
About this fund
The scheme’s own words, its benchmark and the people running it.
Investment objective
The scheme seeks 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.
Fund managers
- Lalit KumarMr. Kumar is a PGDM (IIM) and B.Tech in Electrical Engineering (IIT).Prior to joining ICICI Prudential Mutual Fund, he has worked with East Bridge Advisors Pvt. Ltd, Nomura Financial Advisory & Securities, Merrill Lynch and Cypress Semiconductors.
Tools
Return calculator
What ₹10,000 a month in this fund would have grown to over each period, based on its past returns.
₹
| Over the past | Total investment | Would’ve become | Growth | Returns |
|---|---|---|---|---|
| 6 months10.59% absolute | ₹60,000 | ₹66,354 | 10.59% | |
| 1 year9.92% annualised | ₹1,20,000 | ₹1,26,648 | 5.54% | |
| 3 years14.71% annualised | ₹3,60,000 | ₹4,54,638 | 26.29% | |
| 5 years14.26% annualised | ₹6,00,000 | ₹8,78,376 | 46.40% |
Returns for 1 year and longer are annualised (CAGR); 6-month figures are absolute. Past returns are not a forecast.
How this is calculated
Each monthly instalment grows at the fund’s annualised return ÷ 12 per month until the end of the period, the same formula as our SIP calculator.
The amount compounds once a year at the fund’s CAGR for that period, the same formula as our lumpsum calculator.
Questions
Frequently asked questions
The things people ask about this scheme.
What is the NAV of ICICI Prudential Commodities Fund?
The NAV of ICICI Prudential Commodities Fund is ₹46.99 as on 25 Sep 2026.
What is the expense ratio of ICICI Prudential Commodities Fund?
The expense ratio of ICICI Prudential Commodities Fund is 1.96% per year.
What is the minimum SIP amount for ICICI Prudential Commodities Fund?
You can start a SIP in ICICI Prudential Commodities Fund with ₹3,000 a month.
What returns has ICICI Prudential Commodities Fund given?
ICICI Prudential Commodities Fund has returned 6.2% over 1 year, 10.4% over 3 years and 14.6% over 5 years (annualised).
Is there a lock-in or exit load on ICICI Prudential Commodities Fund?
Lock-in: None. Exit load: Exit load of 1% if redeemed within 3 months..
How risky is ICICI Prudential Commodities Fund?
ICICI Prudential Commodities Fund is rated Very High on the SEBI riskometer and belongs to the Thematic category.
Which fund house manages ICICI Prudential Commodities Fund?
ICICI Prudential Commodities Fund is managed by ICICI Prudential Mutual Fund, which runs 109 schemes with ₹11,76,218 Cr under management.