The ICICI Prudential Nifty Commodities ETF, managed by ICICI Prudential Asset Management Company, aims for long-term wealth creation by replicating the Nifty Commodities Index through a passive investment strategy.

This ETF employs a tracking approach that closely aligns with the Nifty Commodities TRI, maintaining a minimal tracking error of just 0.03%, ensuring effective performance replication.

The portfolio is highly concentrated, with significant holdings in petroleum products and metals, where Reliance Industries Ltd. and Tata Steel Ltd. dominate the allocation, presenting potential concentration risks.

In the past year, the ETF has delivered a robust return of 10.2%, showcasing its resilience in the commodities sector, although longer-term CAGR data remains unavailable.

With an AUM of ₹110.5 Cr and a competitive expense ratio of 0.3%, the fund is positioned for accessibility and efficiency, managed by experienced professionals since late 2022.