This Sectoral Fund Has Ticked 60% Returns in 1 Year, Good to Start SIP In 2022

A detailed analysis of the sector is critical for any investment. Before you take advantage of the chance, you should study the industry, discover investment prospects, and how the sector responds to market volatility, economic issues, and so on. Here, we have highlighted a sectoral fund from the house of ICICI Prudential Mutual fund. This sectoral fund invests in commodities and has generated whooping returns in 1 year, almost 3 times its category average return in the same period of time.

ICICI Prudential Commodities Fund Direct-Growth

NAV	Fund Size	Expense Ratio
₹25.26	₹ 696.4 Cr	1.05%

NAV as of 17 February 2022

ICICI Prudential Commodities Fund Direct-Growth is an ICICI Prudential Mutual Fund Equity mutual fund scheme. This scheme was launched on October 15, 2019, and is presently handled by Lalit Kumar, the fund manager. As of January 31, 2022, it has an AUM of Rs 696.40 Crores. It is a high-risk fund in which to invest. Investors are recommended to make prudent investments.
The return performance of the ICICI Prudential Commodities Fund Direct-Growth scheme in the last year has been 60.38%, which is three times higher than the average returns of the funds over the same investment horizon. It has generated 152.60% from the plan's inception. The minimum SIP amount required to invest in this plan is Rs 100.

The fund invests 89.63% of its assets in Indian stocks, with 40.08% in big-cap stocks, 13.72% in mid-cap stocks, and 32.31% in small-cap equities. The fund has a 0.72% debt exposure, including 0.72% in government securities.

Should You Invest?

The plan attempts to achieve long-term capital appreciation by constructing a portfolio primarily comprised of equity and equity-related instruments issued by firms involved in commodities and commodity-related sectors. Investors with advanced awareness of macrotrends who like to make targeted bets for greater returns than other Equity funds. At the same time, these investors should be prepared for moderate to large losses in their investments, even if the general market is performing well.

Returns

Lump-Sum Investment Returns

On an investment of Rs 10,000

Period Invested for	Absolute Returns	Annualised Returns
1 Year	60.38%	60.38%
2 Year	145.96%	56.54%
Since Inception	152.60%	48.52%

SIP Returns

On an Investment of Rs 1,000

Period Invested for	Absolute Returns	Annualised Returns
1 Year	12.08%	22.89%
2 Year	81.06%	68.99%

Disclaimer

Mutual fund investments are subject to market risk. Read all scheme-related documents, Terms and Conditions carefully before investing. The above-mentioned information is purely informational and carried forward from MoneyControl. The Greynium Information Technologies and the Author are not liable for any losses caused as a result of a decision based on the article.