ICICI Prudential Commodities Fund Direct - Growth

Q: What are the returns of this mutual fund scheme?

The ICICI Prudential Commodities Fund Direct - Growth is a 6 yrs 4 m old fund and has delivered average annual returns of 28.7% since inception. ICICI Prudential Commodities Fund Direct - Growth Returns 1-Year 3-Year 5-Year Since Inception 23.21% 20.06% 26.31% 28.7%

NAV as of Feb 02, 2026	Returns since inception	ET Money Rank	AUM (Fund size)
₹49.1-1.68% 1 day change	28.7% p.a.	App exclusive #NA View Ranked Funds	₹3,409 Cr

Historical NAV & returns

NAV: ₹49.1 as on Feb 02, 2026

This fund Category average

ICICI Prudential Commodities Fund overview

Expense ratio	1.0% as on Jan 30, 2026
Exit load	1.0% Exit load of 1% if redeemed within 3 months.!
AUM (Fund size)	₹3,409 Cr
Lock-in Period	Nil
Age	6 yrs 4 m since Sep 25, 2019
Benchmark	NIFTY Commodities TRI
Min. investment	SIP: ₹500 & Lumpsum: ₹5000
Risk	Very High
Short term capital gains (STCG)	Returns taxed at 20% if you redeem before 1 year
Long term capital gains (LTCG)	After 1 year, returns above ₹1.25 lakh in a financial year are taxed at 12.5%

ICICI Prudential Commodities Fund Returns calculator

Investment type

Monthly investment

₹ 10,000

Investment period

Lumpsum investment

₹1 lakh

Investment period

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully. Past performance is not an indicator of future returns.

Total investment ₹ 12 lakh
Profit ₹12 lakhs
Total corpus ₹1 lakh
Absolute return 52.69%

Trailing returns as on Feb 03, 2026

Period	This fund	Category average
1 Month	-1.54%	-5.86%
3 Months	1.4%	-6.31%
6 Months	7.25%	-2.47%
1 Year	23.21%	4.55%
2 Years	12.62%	6.88%
3 Years	20.06%	16.62%
4 Years	17.23%	12.48%
5 Years	26.31%	15.36%

View returns in detail

Asset allocationas on Dec 31, 2025

Large Cap 34.92%

Mid Cap 32.86%

Small Cap 28.37%

Other Cap 0%

Top holdings

Vedanta Ltd.8.72%

Jindal Steel Ltd.8.37%

JSW Steel Ltd.7.46%

Jindal Stainless Ltd.7.19%

Top sectors

Metals & Mining 47.82999999999999%

Chemicals 28.109999999999996%

Materials 15.000000000000002%

Others 1.02%

Credit quality

Bifurcation by Credit Quality is not available for this fund

Top Debt Holdings

Reserve Bank of India 0.15%

Allocation by Instruments

Repo 3.77152204%

Foreign - Equity 3.6765394%

Treasury Bills 0.14630991999999998%

Cash Margin 0.08390743%

Other Holdings

Others 3.77%

Detailed portfolio analysis

Peer comparison

Fund name	1M	6M	1Y	3Y	5Y	10Y
ICICI Prudential Commodities Fund	-1.54%	7.25%	23.21%	20.06%	26.31%	N.A.
ICICI Prudential Manufacturing Fund	-4.29%	0.56%	12.31%	25.11%	23.08%	14.14%
ICICI Prudential Exports and Services Fund	-4.74%	0.97%	9.13%	19.25%	17.99%	14.59%
Sundaram Services Fund	-5.94%	0.44%	9.19%	19.21%	19.1%	14.12%
UTI Transportation and Logistics Fund	-6.66%	6.64%	15.26%	24.57%	19.93%	15.06%

Fund name	Std. deviation	Beta	Sharpe	Sortino
ICICI Prudential Commodities Fund	14.62	0.95	0.94	1.44
ICICI Prudential Manufacturing Fund	15.88	1.05	1.12	1.61
ICICI Prudential Exports and Services Fund	11.2	0.83	1.13	2.19
Sundaram Services Fund	12.28	0.88	1.03	1.69
UTI Transportation and Logistics Fund	15.99	0.9	1.07	1.39

Fund name	ETM Rank	AUM	Fund age	Expense ratio
ICICI Prudential Commodities Fund	N.A.	3,409 Cr	6 yrs 4 m	1.0%
ICICI Prudential Manufacturing Fund	N.A.	6,549 Cr	7 yrs 4 m	0.79%
ICICI Prudential Exports and Services Fund	N.A.	1,434 Cr	13 yrs 1 m	1.67%
Sundaram Services Fund	N.A.	4,809 Cr	7 yrs 5 m	0.68%
UTI Transportation and Logistics Fund	N.A.	4,084 Cr	13 yrs 1 m	0.83%

View all Thematic funds

Key risk & return ratios Compared to other funds in the category

Alpha	4.22 vs. 1.81 Higher outperformance against benchmark
Sharpe	0.94 vs. 2.69 Poor risk-adjusted returns
Beta	0.95 vs. 0.36 More sensitive to market's ups & downs
Standard deviation	14.62 vs. 4.47 More volatile performance

About this fund

About ICICI Prudential Commodities Fund

ICICI Prudential Commodities Fund Direct - Growth is a Thematic mutual fund scheme from Icici Prudential Mutual Fund. This fund has been in existence for 6 yrs 4 m, having been launched on 25/09/2019. ICICI Prudential Commodities Fund Direct - Growth has ₹3,409 Crores worth of assets under management (AUM) as on 31/12/2025 and is medium-sized fund of its category. The latest Net Asset Value (NAV) of ICICI Prudential Commodities Fund Direct - Growth as of 02/02/2026 is ₹49.10. The fund has an expense ratio of 1.0%, which is higher than what most other Thematic funds charge.

ICICI Prudential Commodities Fund Direct - Growth returns of last 1-year are 20.90%. Since launch, it has delivered 28.70% average annual returns. The fund has doubled the money invested in it every 4 yrs.
ICICI Prudential Commodities Fund Direct - Growth scheme's ability to deliver returns consistently is in-line with most funds of its category. Its ability to control losses in a falling market is average.
The fund has the majority of its money invested in Metals & Mining, Chemicals, Materials, Capital Goods, Energy sectors. It has taken less exposure in Metals & Mining, Chemicals sectors compared to other funds in the category.
The fund's top 5 holdings are in Vedanta Ltd., Jindal Steel Ltd., JSW Steel Ltd., Jindal Stainless Ltd., Ambuja Cements Ltd..

...

Fund AUM	3,409 Cr as on Dec 31, 2025
Scheme document	View Scheme Document

Fund managers

Lalit Kumar

Mr. 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.

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.

ICICI Prudential Mutual Fund details

No. of schemes	104 view all schemes
Total AUM	11,30,333 Cr as on Dec 31, 2025
Address	One BKC , A Wing , 13th Floor, Bandra Kurla Complex, Mumbai, 400051

More funds from ICICI Prudential Mutual Fund

Fund name	ETM Rank	AUM	1Y	5Y
ICICI Prudential Infrastructure Fund	N.A.	8,134 Cr	10.28%	28.3%
ICICI Prudential BHARAT 22 FOF Scheme	N.A.	2,500 Cr	17.33%	27.04%
ICICI Prudential India Opportunities Fund	N.A.	34,779 Cr	12.89%	25.84%
ICICI Prudential Dividend Yield Equity Fund	N.A.	6,400 Cr	11.74%	24.78%
ICICI Prudential Manufacturing Fund	N.A.	6,549 Cr	12.31%	23.08%

See all Equity funds from this AMC

Frequently asked questions

What is the current NAV of ICICI Prudential Commodities Fund Direct - Growth?

The current Net Asset Value (NAV) of the ICICI Prudential Commodities Fund - Direct Growth plan is approximately ₹49.1 as of Feb 02, 2026.

What are the returns of this mutual fund scheme?

The ICICI Prudential Commodities Fund Direct - Growth is a 6 yrs 4 m old fund and has delivered average annual returns of 28.7% since inception.

ICICI Prudential Commodities Fund Direct - Growth Returns

1-Year	3-Year	5-Year	Since Inception
23.21%	20.06%	26.31%	28.7%

How much does this mutual fund charge as expense ratio?

The ICICI Prudential Commodities Fund - Direct Growth has an expense ratio of 1.0%, representing the annual cost of managing and operating the fund. This fee is deducted from the fund's AUM while declaring the daily NAV, reducing investor returns.

What is the AUM or fund size of this mutual fund?

The ICICI Prudential Commodities Fund currently has assets under management (AUM) or fund size valued at approximately 3,409 Cr as on Dec 31, 2025.

What are the top stock holdings of ICICI Prudential Commodities Fund?

The ICICI Prudential Commodities Fund has invested the majority of its money in the stocks of the following companies -

Company	Percentage of Portfolio
Vedanta Ltd.	8.72%
Jindal Steel Ltd.	8.37%
JSW Steel Ltd.	7.46%
Jindal Stainless Ltd.	7.19%
Ambuja Cements Ltd.	6.03%
UPL Ltd.	5.91%
Ultratech Cement Ltd.	5.07%
Usha Martin Ltd.	4.18%
Hindalco Industries Ltd.	3.98%
Navin Fluorine International Ltd.	3.5%

What are the top sectors ICICI Prudential Commodities Fund has invested in?

The ICICI Prudential Commodities Fund has primarily invested in the following sectors

Sector	Percentage of Portfolio
Metals & Mining	47.82999999999999%
Chemicals	28.109999999999996%
Materials	15.000000000000002%
Others	1.02%
Capital Goods	0.7%
Energy	0.57%
Consumer Staples	0.29%

What is risk level of ICICI Prudential Commodities Fund?

This is a Thematic fund comes with Very High risk.

Is there any lock-in period in this mutual fund?

No, this fund does not have any lock-in period.

How do I invest in ICICI Prudential Commodities Fund Direct - Growth?

It is very fast, easy, and completely paperless in this mutual fund scheme on ET Money. The whole process takes just a few minutes. Here's how it works:

For the Desktop Version:

Click on the "Invest Now" button at the top right, then scan the QR code to download the app.

For the Mobile Version:

Click on the "Invest on App" button at the bottom to download the app.
Once the app is downloaded:
Sign-up and complete your one time KYC process, or log in if you're already registered.
Search for ICICI Prudential Commodities Fund - Direct Growth, select your investment mode (lump sum or SIP), and enter the investment amount.
Provide the required details, including the bank account you'll use for payment, and confirm your investment.

That's it. Your investment in the ICICI Prudential Commodities Fund is complete.

How can I redeem my investments in ICICI Prudential Commodities Fund?

Redeeming your investments in the ICICI Prudential Commodities Fund is simple. If you have invested via ET Money, just log in to the app, go to the holdings section, and submit the redemption request.

If you have invested from anywhere else, you can go to the fund house website and put a request through it.

ET Money rank

App exclusive

in Thematic

#NA

Return Consistency: This fund is one of the best in generating consistent return in it's category.
Return Outperformance: This fund has generated highest return amongst Thematic funds in the last 5 Years.
Return/Risk: For every unit of risk this fund takes, it produces 20% more returns.
Volatility Protection: This fund ranks lower in terms of protecting against volatility within its category.
Exit Load: Exit load of 1% if redeemed within 3 months.