ICICI Pru Commodities Fund(G)-Direct Plan
View the regular plan of this scheme
Rs 42.66 -0.12(-0.281 %) NAV as on 03 May 2024
Scheme Objective: 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.
Performance (As on 03 May 2024)
| 6 month returns | 1 year returns | 3 year returns | 5 year returns | Returns since inception | |
|---|---|---|---|---|---|
| Scheme | 35.43 % | 47.36 % | 26.58 % | N/A | 37.52 % |
| NIFTY 500 | 23.28 % | 37.10 % | 19.12 % | 16.82 % | N/A |
Portfolio
Thematic funds focus their entire portfolio on one particular theme, such as consumption, manufacturing, ESG and so on. These funds tend to cover multiple sectors that meet the theme and are more diversified than sector funds. If the theme is in market favour, returns from these funds can be much stronger than broader funds. However, returns can lag if markets donu2019t pick up the theme. These funds require well-timed entry at the low point and an exit at the high point in order to see returns. Please note that some international funds fall into this category. For such funds, taxation will be that of debt funds and not equity funds.
Thematic funds suit investors with very high risk appetites, and who have the knowledge and ability to track performance of various sectors and the broader market behaviour.
Short-term: Holding period is less than 12 months.
Taxation: Capital gains are taxed at 15%
Long-term: Holding period is 12 months or more.
Taxation: Capital gains up to Rs 100,000 each financial year is tax-exempt. Remaining capital gains is taxed at 10%. For investments made on or before January 31st, 2018: Capital gain up to this date is tax-free.