ICICI Prudential Nifty Commodities ETF

The ICICI Prudential Nifty Commodities ETF, managed by ICICI Prudential Asset Management Company, is an open-ended scheme targeting returns aligned with the Nifty Commodities Index while minimizing tracking error.

This ETF employs a sector-specific investment strategy, closely tracking the Nifty Commodities TRI benchmark with a minimal tracking error of 0.04%, indicating efficient replication of index performance.

The portfolio is heavily concentrated in the commodities sector, with significant holdings in Reliance Industries Ltd. at 9.4% and Ultratech Cement Ltd. at 7.91%, reflecting a focus on key industries.

Over the past year, the fund has experienced a decline of 7.5%, highlighting the volatility in the commodities market, while the absence of long-term CAGR data suggests limited historical performance insights.

With an AUM of ₹87.0 Cr and an expense ratio of 0.3%, this ETF is relatively accessible, managed by experienced professionals, and offers a focused investment in commodity-related equities.